Available in Wisconsin, Oostburg State Bank is offering a $300 welcome bonus when you open a new personal checking account and set up direct deposit. This bonus applies to all of their checking accounts, including their high interest account which offers the best ROI since the bonus takes 6 months to pay out.
One potential downside is it appears you must open new accounts in branch which is highly inconvenient. Another thing to note is the bonus terms and flyer do not indicate any requirement for debit card transactions; however, this is listed on the bonus page, so we're including that just in case.
How To Earn The Bonus
The Oostburg State Bank Personal Checking promotion requires you to set up eligible direct deposits and make purchases using the account's card in order to earn the $300 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
- Qualifying direct deposit is a direct deposit of regular monthly income-such as your salary, pension, Social Security benefits, which are made from your employer or other payor-using account and routing numbers that you provide to them. Non-qualifying transfers and deposits include: teller deposits, wire transfers, non-payroll ACH transfers, bank to bank and/or people to people transfers, debit card transfers, ATM transfers or deposits, online and mobile banking transfers or deposits.
Open a Personal Checking account before the bonus expires
How does this personal checking offer from Oostburg 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:
Why Oostburg State Bank?
Power Up Checking
Earn interest and receive up to $15 monthly in ATM fee refunds when you: enroll in eStatements and login at least one time per month, set up a direct deposit of $500 or more, and make at least 10 debit card purchases of $15 or more per statement cycle.Fees
Power Up Checking does not charge a monthly maintenance fee.
NOW Interest Checking
Earn 3.00% APY on balances up to $15,000Fees
NOW Interest Checking does charge a monthly maintenance fee of $10, but there are ways to get this waived:
- Maintain a minimum balance of $1,000
Personal Checking
Oostburg State Bank's standard free checking account.Fees
Personal Checking does not charge a monthly maintenance fee.
Apply now for a Personal Checking account to earn the $300 bonus offer
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