Elgin State Bank Statement Savings $200 Bonus

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Elgin State Bank : Statement Savings



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Offer Expires In

How To Earn The Bonus

  1. Open a new Statement Savings account using the link below or mention the offer in-branch.
  2. Deposit $15,000.
  3. Maintain that balance for the 3 consecutive calendar months following the calendar month your new account was opened.
  4. Bonus will be deposited into your new account within 30 calendar days of meeting the requirements.

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at Elgin State Bank

Elgin State Bank is offering a $200 welcome bonus when you open a new Statement Savings account and make new deposits totaling $15,000 or more.

Want to earn more? You can stack this offer with their checking account bonus to earn a total of $500. Keep in mind that you may only be eligible for 1 bonus of this type across all Wintrust Community Trust banks.

How To Earn The Bonus

The Elgin State Bank Statement Savings promotion requires you to deposit and maintain a minimum balance in order to earn the $200 bonus (step-by-step breakdown is listed above!).

As with any offer, don't forget to read the fine print before opening your new account. It's where the bank will clearly state who is eligible for the deal along with any nuances you'll want to be aware of.

The fine print

  • If you qualify for this Statement Savings bonus offer, you are ineligible to receive this Statement Savings bonus offer or any other savings interest rate offer from any other WTFC location.
  • If you qualify for any other WTFC checking offer it may be combined with this Statement Savings bonus offer.
  • New money is defined as money not currently held at any WTFC location.
  • Your balance in your new account as of the last business day of each of the 3 calendar months is used to determine if the minimum balance requirement was met.
  • Your new account must be open, in the same product, and have a balance greater than zero to receive the bonus payment.

How does this personal savings offer from Elgin State Bank compare?

To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:

Wells Fargo

Way2Save® Savings

Account Type
Personal Savings
Expires In
8 days
  • Min Balance

Why Elgin State Bank?

Statement Savings

Statement Savings is Elgin State Bank's entry-level savings account.


Statement Savings does charge a monthly maintenance fee of $5, but there are ways to get this waived:

  • Maintain a minimum daily balance of $200.

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