Offer at a glance
Maximum bonus amount: $250
Availability: IL
Direct deposit required: Yes, no minimum
Additional requirements: Use promo code
Hard/soft pull: Unknown
ChexSystems: Unknown
Credit card funding: Unknown
Monthly fees: None
Early account termination fee: None
Household limit: None listed
Expiration date: February 29, 2024
The Offer
Eureka Savings Bank is offering a $250 checking bonus when you open a new checking account and complete the following requirements:
Use promo code EARN250
Set up a NEW qualifying direct deposit into the account by March 31, 2024.
The Fine Print
To qualify for the $250 checking bonus – provide the promo code, open a new Eureka Savings Bank Personal Checking Account by February 29, 2024 and set up a new qualifying direct deposit into this account by March 31, 2024.
A new qualifying direct deposit is a new to Eureka Automated Clearing House (ACH) credit, which includes recurring payroll, pension, or government payments (such as Social Security).
Account must be funded at the time of account opening.
The cash incentive will be deposited into your new Eureka Checking Account within 30 banking days of the qualifying direct deposit crediting the account.
In order to receive the cash incentive, the account must be open and in good standing.
One cash incentive per customer & offer must be presented at the time the account is opened.
Cash incentive may be taxable as interest income and reported on IRS Form 1099-INT.
Consult your tax advisor.
Not valid with any other offer.
Offer subject to change.
All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Essential checking account has no monthly fees to worry about.
Early Account Termination Fee
I wasn’t able to find a fee schedule so unsure if there is any EATF or not.
Our Verdict
As always if anybody goes for this one please share your experiences in the comments below.
Useful posts regarding bank bonuses:
A Beginners Guide To Bank Account Bonuses
Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
PSA: Don’t Call The Bank
Introduction To ChexSystems
Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
What Banks & Credit Unions Do/Don’t Pull ChexSystems?
How To Use Our Direct Deposit Page For Bank Bonuses Page
Common Bank Bonus Misconceptions + Why You Should Give Them A Go
How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
Affiliate Links & Bank Bonuses – We Won’t Be Using Them
Complete List Of Ways To Close Bank Accounts At Each Bank
Banks That Allow/Don’t Allow Out Of State Checking Applications
Bank Bonus Posting Times