Offer at a glance
Maximum bonus amount: $500
Availability: In branch only. Chicago, Omaha, Kansas City, Denver, and Dallas
Direct deposit required:No
Additional requirements: See below
Hard/soft pull: Soft pull
ChexSystems: Unknown, sensitive
Credit card funding: None
Monthly fees: No
Early account termination fee: None
Household limit: No
Expiration date: 8/31/24
The Offer
FNBO Bank is offering a bonus of $200 or $500. Requirements are as follows:
Open your account at a branch and mention promo code BIZCHECKING.
Fund your account within 31 days of opening your account a qualifying deposit of $10,000 or more.
Maintain your balance for 93 days from account opening.
Deposit $10,000 – $19,999.99 and Earn $200
Deposit $20,000 and above and Earn $500
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.
Our Verdict
Unfortunately it’s in branch only. You need to maintain funds for 93 days, for the $500 bonus that works out to be ~10% annualized return. The $200 bonus works out to be ~8% annualized return.
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