Old National Bank Personal Checking up to $450 Bonus

Old National Bank logo

Old National Bank : Personal Checking

up to $450

3.2

BankBonus.com score

Availability

Ease

Amount

Fees

Offer Expires In

How To Earn The Bonus

  1. Open an ONB Preferred Checking or ONB Everyday Checking account with a minimum deposit of $50.
  2. Enroll and log into online or mobile banking.
  3. Within 90 days, complete at least 2 qualifying ACH direct deposits totaling $3,000 to earn $200 or totaling $10,000 to earn $450.
  4. Keep the account open a minimum of 120 days.
  5. Bonus will be credited to your new account within approximately 120 days from account opening.

Available in Your Area?

No

Monthly Fees?

Varies

Open Online?

Yes

Credit Pull?

Soft

Old National Bank logo

Apply Now

at Old National Bank

Available to residents in Indiana, Kentucky, Minnesota and Michigan, Old National Bank is offering a $450 welcome bonus when you open a new Everyday or Preferred Checking account and set up direct deposit. The total direct deposit requirement amount to earn the highest bonus is a little steep at $10,000; however, if you can swing it, it's a solid deal. Have a lower direct deposit? You can complete 2 direct deposits of $2,000 instead.

How To Earn The Bonus

The Old National Bank Personal Checking promotion requires you to set up eligible direct deposits in order to earn the up to $450 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

  • The ONB Preferred Checking account must be open with a balance greater than $0 and in good standing at the time the cash bonus is paid.
  • If account is closed within 180 days, a $25 fee will be assessed.
  • Offers are not available for clients with an existing Old National personal checking account (including owners on joint accounts), personal checking accounts closed within the last 90 days, or Old National employees.
  • Qualifying ACH direct deposit includes electronic direct deposits of a paycheck, pension payment, social security payment or other government benefits payment deposited into the checking account from an employer, a government agency, or other similar third-party organization.
  • Deposits made by teller/ATM/mobile deposits, wire transfers, transfers between Old National accounts, external transfers from other accounts at other financial institutions, or Peer to Peer (i.e. Zelle, Venmo) transfers do not qualify.
  • Limit one cash bonus per eligible checking account.

How does this personal checking offer from Old National Bank compare?

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

TD Bank

Beyond Checking

Bonus
$300
Account Type
Personal Checking
Expires In
14 days
Requires
  • Direct Deposit

BMO

Smart Advantage Checking Account

Bonus
$300
Account Type
Personal Checking
Expires In
47 days
Requires
  • Direct Deposit

Discover

Discover® Cashback Checking

Bonus
up to $360
Account Type
Personal Checking
Expires In
Limited Time
Requires
  • Card Spend

Why Old National Bank?

Preferred Checking

Fees

Preferred Checking does charge a monthly maintenance fee of $15, but there are ways to get this waived:

  • Maintain a minimum daily balance of $5,000.
  • OR, maintain a combined balance of $25,000 in checking, savings, money market accounts, CDs, lines of credit or loans

Everyday Checking

Fees

Everyday Checking does charge a monthly maintenance fee of $6.95, but there are ways to get this waived:

  • Make a total of $500 in direct deposits.
  • OR, maintain a minimum daily balance of $750.
  • OR, maintain a combined balance of $1,500 in checking, savings or money market accounts.
  • OR, be an active member of the US Military.

Share Your Thoughts or Questions

There have been 3 comments about the Old National Bank Personal Checking up to $450 Bonus.

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Jamon

August 24

Unfortunately, I was immediately denied an account online, I believe because I chase too many checking account bonuses for their taste.

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james a sluss

July 16

how soon after opening a checking account must I have a direct deposit? how long after direct deposits are made will I receive the $200 bonus??

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Matt Bundrick Author

July 16 Replying to james a sluss

The 2+ direct deposits have to be made within 90 days of account opening, and the bonus will be credited to your account ~120 days after account opening.

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