Marine Bank is offering a $250 bonus and 2% APY when you fulfill the same requirements. The account can be opened online but it’s available to IL residents only.
To get the $250 bonus you need to fulfill the requirements for the 2% APY which are the following:
- Set up e-statements through online banking
- Establish a monthly direct deposit
- Perform 12 debit card purchases each month
To receive the bonus Acceleration Checking “qualifications” must be met the first two consecutive months after account opening.
Cash bonus will be deposited into the account following the third statement cycle by the 10th of the month. Cash bonus considered income and reportable on IRS Form 1099-INT.
Offer available in IL only.
Limit one Acceleration Checking and Acceleration Savings account per primary social security number.
The account has no monthly fees.
Accounts closed within 6 months of opening date are subject to a $75.00 closing fee.
This is a good bonus, and you also get a 2% APY on top of that. There’s not much info about the bank tho, so if you’re familiar with them, please let me know in the comments.
- Promo Page
- Bonus: $250
- Account Type: Acceleration Banking
- Availability: IL
- Expiration Date:
- Inquiry Type: Unknown
- Credit Card Funding: Unknown
- Direct Deposit Requirement: Yes, any amount for two months in a row
- Other requirements: eStatements and 12 debit purchases for two months
- Monthly Fee: No
- Closing Account Fee: $75 if closed within 6 months