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Home » [AR, FL & NC, TX, GA In branch only] Bank OZK $500 Checking Bonus

[AR, FL & NC, TX, GA In branch only] Bank OZK $500 Checking Bonus

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Update 10/28/23: $500 bonus in branch available again. Requirements as follows:

Update 10/14/22: Looks like a $500 bonus might now be available with the following requirements:

Open checking account with a direct deposit totaling $5,000 within 90 days and 10 debit transactions (Signature based POS purchases or pin based purchases) to receive a $450 bonus.
Open savings account and maintain atleast $750 (need $750 balance on the 90th day from account opening plus the very next day) to receive additional $50 bonus.

Hat tip to 01d-monk

2 – open savings account and maintain atleast $750 in it for the remaining $50.

Update 2/6/20: Bonus also available in FL

Update 2/3/20: Bonus is only available in AR & NC.

Offer at a glance

Maximum bonus amount: $250
Availability: AR, FL & NC, TX, GA In branch only. Not available at all branches [Branch locator]
Direct deposit required: Yes, $2,000+
Additional requirements: None
Hard/soft pull: Unknown
ChexSystems: Yes
Credit card funding: Unknown
Monthly fees: None
Early account termination fee: None
Household limit: Unknown
Expiration date: None listed

The Offer

No direct link to offer, available in branch only

Bank OZK is offering a bonus of $250 when you open a new checking account and complete the following requirements:

Receive $2,000 in direct deposits within 120 days of account opening

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

They offer a free checking account with no monthly fees

Early Account Termination Fee

I wasn’t able to find an early account termination fee in the fee schedule

Our Verdict

Need to know if it’s a hard or soft pull and how many of the branches this is actually available at. Please share your experiences and datapoints 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

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