Update 4/4/26: The bonus is back, this time for $200. I may not have had an account in the last 12 months Reader Tip person
Offer at a glance
- Maximum bonus amount: 300 dollars
- Availability: MO
- Direct deposit required: No.
- Additional requirements: See below
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card financing: Unknown
- Monthly fees: Unknown
- Early account closure fee: Unknown
- Family boundary: None listed
- Expiration date: September 30, 2025
Offers
- Guaranty Bank offers a $300 bonus when you open a new checking account and meet the following requirements:
- Open a new eligible Elevate Checking account, subject to approval, by September 30, 2025;
- At least one direct deposit or direct debit made through the Automated Clearing House (ACH) Network has posted to the account;
- The debit card has been used at least once during the same statement cycle; and,
- Receive your monthly statements for this account electronically. Personal online banking registration, either through a browser or our mobile banking app, and a valid email address are required to receive electronic statements.
Fine Press
- Examples of ACH direct deposits are, but not limited to, an electronic deposit of your salary, pension, or government benefits from your employer or government. Person-to-person or account-to-account payments (such as but not limited to Zelle, Venmo or CashApp) are not considered direct deposit. Examples of ACH direct debits would be, but are not limited to, a car payment, mortgage, rent payment, or other household bill. Qualifying VISA Debit Card purchases are defined as point-of-sale transactions made with your Guaranty Bank Debit Card that are completed using a PIN (personal identification number), signature, contactless or mobile wallet (eg Apple Pay, Google Pay, Samsung Pay). ATM withdrawals, ATM transfers and debit card payments authorized but not yet posted do not count towards the debit card claim.
- Additional terms of this bonus offer: Offer is for new Elevate Checking accounts only. The account must be open for at least 30 calendar days, be positive and active at the time of bonus payment, which will be applied as credit to the new account. Claims must be completed within 60 days of account opening. The customer cannot have a previously closed checking account with the Guaranty Bank within the last 12 months. This offer is limited to one bonus per customer, per account and will be paid to the primary owner. Customers who have previously received a new account bonus are not eligible. Cannot be combined with other offers. $300 promotional offer ends 09/30/2025 and subject to change without notice. The bonus will be reported as interest to the IRS under the primary account owner, as applicable. The primary owner of the account is the owner assigned a Taxpayer Identification Number (TIN), such as a social security number (SSN) on the account and has tax liability. The customer will be responsible for taxes on this bonus. Consult your tax advisor.
- All bank account bonuses are treated as income/interest and as such you must pay tax on them
Avoidance of fees
Monthly fees
I could not find out if there is any monthly fee
Early account termination fee
Unable to find fee schedule so unsure if there is any EATF.
Our verdict
It seems very easy to fulfill the requirements. Feel free to share your experiences in the comments below.
Hats off to him Bockrr
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