Offer at a glance
Maximum bonus amount: $300
Availability: Nationwide
Direct deposit required: No
Additional requirements: See below
Hard/soft pull: Unknown
ChexSystems: Unknown
Credit card funding: Unknown
Monthly fees: None
Early account termination fee: None
Household limit: None listed
Expiration date: None
The Offer
Baselane is offering a $300 bonus when you open a new account and complete the following requirements:
Deposit minimum of $500 within 30 days and maintain that average balance for 60 days
Use your Baselane Banking debit card
on 5 qualifying transactions within 90 days
Collect at least two $500 rent payments via Baselane’s Rent Collections tool within 90 days
The Fine Print
All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
This 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.
Our Verdict
Not sure what the baselane rent collection tool is like and if it’s worth switching just for this $300 bonus.
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