[Expired] Associated Bank, $400 Bonus with Checking and Savings Accounts (IL, MN, WI)

Associated Bank, $400 Bonus with Checking and Savings Accounts

Associated Bank has a new bonus that can earn you a total of $400 when you open a checking and savings account. There’s also a smaller bonus for a total of $275.

Offer

Earn $400 when you combine Associated Choice Checking™ and Associated Relationship Savings. here’s how:

Open an Associated Choice Checking account with a minimum deposit of $100 and make three payments using Associated Bank Online Bill Pay OR at least one direct deposit of $300 or more within 45 days of account opening.
And open an Associated Relationship Savings account with a minimum deposit of $25,000.
Maintain a minimum combined balance in those accounts of $25,000 for 90 days and receive your $400 within 120 days of opening.

Offer Terms

Deposits from existing accounts do not qualify; funds must be from outside of Associated Bank.
All accounts must be opened with the same primary accountholder within 10 days.
If multiple Associated Relationship Savings accounts are opened in the 10 day timeframe, all accounts will be used to calculate the combined balance requirement.
$400 bonus will be deposited into the Associated Choice Checking account within 120 days of account opening.
Account must be open at the time the bonus is paid and must remain open for a minimum of 12 months.
For tax reporting purposes, a 1099 may be issued at year-end for the year in which the bonus is given.

Eligibility

Offer available in IL, MN, WI only
Offer limited to new Associated Choice Checking and Associated Relationship Savings opened through August 31, 2020.
Primary owner on the account must be 18 years or older to qualify.
Offer not available to customers who already have or have had a checking account or Associated Relationship Savings account at Associated Bank within the last six months.
Offer limited to one per customer

Fees

Associated Choice Checking has a $25 monthly fee that us waived with $10,000 in combined deposit accounts with same statement cycle or the presence of either an HSA or investment account.

Savings account has a $5 monthly fee that is waived with the following options:

$300 minimum daily balance OR
$25 or more per month in recurring automatic deposits, such as Automated Clearing House (ACH), online banking transfers from another account or direct deposit OR
Be under the age of 18

If the account is closed within 12 months, Associated Bank reserves the right to deduct the monetary bonus from the account prior to closing.

Guru’s Wrap-up

A decent bonus that doesn’t require a direct deposit but you do need $25,000. You need to keep that money in the savings account for three months. And you also need $10K to keep the checking account fee-free. It was easier to keep the account fee-free last time. Probably worth checking out other bonuses first.