Offer at a glance
- Maximum bonus amount: 500 dollars
- Availability: arkansas, Missouri, Kansas, Colorado and Arizona
- Direct deposit required: Yes, at least four of $10,000+
- Additional requirements: Online banking
- Hard/soft pull: Gentle pull
- ChexSystems: Yes, but not in the branch?
- Credit card financing: Unknown
- Monthly fees: $20, avoidable
- Early account closure fee: $25, 90 days
- Family boundary: None listed
- Expiration date: May 15, 2026
Offers
- Academy Bank offers a $500 bonus when you open a new elite investment checking account and meet the following requirements:
- Make at least four $10,000 worth of direct deposits within 90 days of account opening.
- Sign up for Online Banking and then enjoy earning interest with your new checking account.
Fine Press
- $100 opening balance required in Elite Investments checking account.
- Subject to monthly service fee.
- To receive a $500 bonus, open a new Elite Investment Checking Account, make at least four $10,000 worth of direct deposits and sign up for Online Banking within 90 days of account opening.
- The checking account bonus will be deposited into your new checking account within 60 days of direct deposit verification.
- Closing a new account within 90 days of opening will result in a $25 early closing fee.
- Offer expires May 15, 2026.
- 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 a monthly fee of $20. Opt out if you meet one of the following requirements:
- Maintain a daily balance of $5,000 per monthly statement cycle
- OR maintain an average balance of $10,000 per monthly statement cycle
Early account termination fee
$25 if closed within 90 days subject to terms.
Our verdict
Seems like a nice bonus if you can meet the direct deposit requirement. A little annoying to keep the fee free, but at worst, you can just pay the monthly fee. It will be added to best bank account bonus site.
Hat tip to the reader Ben
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