[Expired] Bank & Trust $350 Checking Account Bonus (IL Only)

Bank & Trust has a great new bonus of $350 for checking account opened by 12/31/2018 in IL. The bonus is available online and in-branch.

Bonus Requirements

The promotional bonus period is 09/05/2018 – 12/31/2018.

$30 bonus will be given for enrolling in eStatements within 60 calendar days of account opening
$320 bonus will be given if one (1) direct deposit of $500 or more post to the account within the first 60 calendar days of account opening.

Direct deposit must be new to Illinois Bank & Trust and must be payroll, pension, Social Security or other government benefits. Bonuses will be paid within 90 calendar days after account is opened. An IRS 1099 form may be issued. Limit one bonus per new consumer account relationship.

Eligibility

Offer is available in IL only I believe (you can try your zip on the first page, didn’t work for my NYC zip). Other states with affiliated banks have a bonus for $200.

$350 bonus offer is not available to existing Illinois Bank & Trust consumer checking customers or those who had accounts open on or before August 31, 2018.

Fees

The checking account is free with eStatements.

If the account is closed by the customer or Bank within 90 calendar days after opening, they will deduct bonuses earned and a $25 account closing fee may be assessed.

Guru’s Wrap-Up

This is one of the best bonuses they have offered. It’s usually only $200. However it’s limited to IL only. You need a $500 direct deposit to get the bonus. You can also fund with a credit card online, so that could be a small bonus on its own.

If this bonus is not for you, then you can check our full list of available bank bonuses.