Offer at a glance
Maximum bonus amount: $150
Availability: MN
Direct deposit required: Yes, $500+
Additional requirements: eStatements
Hard/soft pull: Unknown
ChexSystems: Unknown
Credit card funding: Unknown
Monthly fees: $3, avoidable
Early account termination fee: Six months
Household limit: None listed
Expiration date: August 31, 2024
The Offer
Keen Bank is offering a $150 bonus when you open a new checking account and complete the following requirements:
Account minimum opening balance of $50
Direct deposit minimum qualification of $500
Enroll in eStatements
The Fine Print
Offer valid August 1-31, 2024.
New account owners must not have been a Keen Bank account customer in the last 12 months.
Checking account minimum opening balance is $50 and direct deposit minimum qualification is $500 (combined total of direct deposits during one statement cycle) to earn $150.
Checking account also requires online banking with eStatements enrollment to qualify for $150 reward.
Health Savings Accounts are not eligible for the $150 reward.
Account ownership styling and transaction authority may disqualify eligibility to receive the reward.
The reward will be credited to your checking account within 90 calendar days of meeting all qualifications.
Qualifications must be met by October 1, 2024 (direct deposit must clear by December 30, 2024) to obtain the reward.
The $150 reward will be reported as interest on IRS Form 1099-INT.
An early closing fee will be assessed and charged by the bank if the account closes within the first six months.
All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Choice checking has a $3 monthly fee, this is waived with eStatements.
Early Account Termination Fee
Six months, unknown amount?
Our Verdict
Please share your experiences in the comments below.
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