Back for 2022, 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.
Full requirements to receive this bonus are:
- Open a new Statement Savings account using the link below or tell the banker you are aware of this offer at account opening.
- Deposit $15,000.00 or more of new money, defined as money not held at any WTFC location.
- Maintain a minimum balance of at least $15,000.00 on the last business day of each of the 3 consecutive calendar months following the calendar month your new account is opened.
- Bonus will be deposited into your new account within 30 calendar days after the 3-month Qualification Period.
Open a Statement Savings account before the bonus expires on December 31, 2022
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.
How does this 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:
CIT
Money Market Account
- Bonus
- 1-Year Amazon Prime ($139)
- Account Type
- Mma
- Expires In
- Limited Time
- Requires
- Min Balance
Discover
Online Savings Account
- Bonus
- up to $200
- Account Type
- Personal Savings
- Expires In
- 75 days
- Requires
- Min Balance
TD Bank
Personal Savings Account
- Bonus
- $200
- Account Type
- Personal Savings
- Expires In
- 121 days
- Requires
- Min Balance
Why Elgin State Bank?
Statement Savings
Statement Savings is Elgin State Bank's entry-level savings account.Fees
Statement Savings does charge a monthly fee of $5, but there are ways to get this waived:
- Maintain a minimum daily balance of $200.