Offer at a glance
Maximum bonus amount: $500
Availability: Nationwide
Deposit required: $1,000 – $100,000
APY: 5.25%
Hard/soft pull: Unknown
ChexSystems: Unknown
Credit card funding: Unknown
Monthly fees: None
Early account termination fee: None
Household limit: None
Expiration date: None listed
The Offer
Fierce Finance is offering a deposit bonus of up to $500. Deposit must be made within 30 days of account opening and maintained for 180 days
$25 for deposits of $1k+
$100 for deposits of $10k+
$200 for deposits of $30k+
$500 for deposits of $100k+
The Fine Print
The Deposit Bonus offer is only available to new customers that meet all current account opening requirements.
To qualify for the Deposit Bonus, you are required to open a new Fierce account and initiate cumulative new money deposits, according to the table below, within 30 days of account opening. The cumulative value or greater must remain in your Fierce account for a minimum of 180 days. The Deposit Bonus will be credited to your Fierce Cash account at the end of the following month. Accounts must be kept open for 210 days from the time of qualifying. Normal account service charges and miscellaneous charges may apply to the Fierce account, which may reduce earnings.
The Deposit Bonus offer cannot be used in combination with any other Fierce promotional offer. For tax purposes, the value of the bonus will be reported to the IRS on Form 1099-INT. Fierce reserves the right to limit an individual to one account-related gift incentive per rolling 12-month period. Accounts closed at the time of bonus payment are not eligible. Offer is subject to cancellation without notice and cannot be combined with any other bonus offer. Fierce is not responsible for, and will not honor, promotional offers that appear on third-party websites that are not authorized by Fierce.
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
Early Account Termination Fee
Account needs to be kept open for 210 days otherwise bonus is forfeit
Stacking Bonus
You should be able to go through Swagbucks for another $30.
And a $25 referral bonus, please do not share in the comments below. Can be shared in this linked post instead.
Our Verdict
The 5.25% APY rate is good, but the bonus itself gets worse as it increases. The worst tier is an extra 1% APY over the 6 month tier and 2.5% over the smallest tier. With the Swagbucks and referral bonus and high base rate though it is worth considering.
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