Offer at a glance
- Maximum bonus amount: 250 dollars
- Availability: Oh only
- Direct deposit required: yes
- Hard/soft pull: Gentle pull
- ChexSystems: yes
- Credit card financing: Unknown
- Monthly fees: ANY
- Early account closure fee: $30, 180 days
- Family boundary: None listed
- Expiration date: None listed
Offers
- Buckeye State Bank offers a $250 bonus when you open a new BAM checking account and meet all account qualifications for two consecutive monthly qualification cycles.
- Complete 12 debit card swipes per month
- Sign up for e-Statements
- At least one direct deposit per month
Fine Press
- Receive a $250 bonus when you open a new BAM Checking account and meet all account qualifications for two (2) consecutive monthly qualification cycles. The account must remain open, active and in good standing during this period.
- The bonus may be reported for tax purposes.
- If account qualifications are met during each monthly qualifying cycle: (1) internal ATM fees incurred during the cycle will be refunded and credited on the first business day of the next cycle (fees over $5.00 may require proof); (2) balances up to $15,000 earn 3.00% APY; and (3) balances over $15,000 earn 1.00% APY on the portion over $15,000.
- If qualifications are not met, all balances earn 0.02% APY. Balances up to $15,000 can earn between 3.00% and 1.39% APY depending on the balance when qualifications are met.
- No minimum balance required; however, a minimum deposit of $50 is required to open the account.
- Qualifying transactions must be posted and settled during the Monthly Qualifying Cycle. ATM transactions, transfers between accounts and automatic recurring payments do not qualify.
- Transactions may take one or more business days to post and clear.
- “Monthly qualification cycle” means the period from the first day to the last day of each calendar month.
- All bank account bonuses are treated as income/interest and as such you must pay tax on them
Avoidance of fees
Monthly fees
This account has no monthly fees
Early account termination fee
A $30 fee applies if the account is closed within 180 days of opening
Our verdict
We saw a different offer from this bank last year for 14% APY on balance Up to $15,000 for three monthswhich turned out to be $525, but still had to close the $15,000. Still think the bonus was better for anyone with money.
Hat tip to the reader Bockrr
Useful posts about bank bonuses:
