[Expired] Banterra Bank Bonus, Get $500 When You Open a Checking and CD/Money Market (IL, IN, KY, MI)

Banterra Bank Bonus, Get $500 When You Open a Checking and CD/Money Market

Banterra Bank is offering a new bonus that can earn you up to $500 in cash. This Banterra Bank bonus requires you to open a checking account plus a CD or Money Market account.

Offer

$200 Cash Bonus With Saluki Interest Checking:

• One direct deposit must post to your account within 60 days; direct deposit needs to be an electronic deposit of your paycheck, pension or government benefits (such as Social Security) from your employer or the government and must be $200 or higher.

To qualify for the additional $300 bonus, a Banterra Certificate of Deposit (CD) or Money Market account must be opened with the Saluki Interest Checking.

• Minimum balance to open a Money Market account is $10,000. See branch for current competitive rate. No monthly fee if $10,000 min. daily balance is maintained in qualifying savings; see branch for details; otherwise $10 fee per statement cycle.
• A minimum deposit of $1,000 is required to open and earn APY for six-month CD. Penalty for early withdrawal on CDs.

Eligibility

• Offer available in IL, IN, KY, MI.
• Checking offer is not available to existing Banterra checking customers only and or previous customers whose accounts have been closed within the last 90 days or closed with a negative balance.
• Limit one bonus per household.
• Must be 18 years or older

Fees

Saluki Interest Checking has a $10 monthly fee, and can be waived with one of the following each statement period:

• $2,500 minimum daily balance or
• $5,000 combined average balance in identified checking, savings, money markets or CDs.
• A monthly direct deposit of at least $200 or higher is deposited to this account. $300 cash bonus With Saluki Interest Checking and a CD or Money Market:

Must maintain account in good standing for a minimum of six months.

Guru’s Wrap-Up

The $200 bonus is the easier part. You need to open a checking account and make a direct deposit of $200 or more. The rest of the bonus, the other $300, requires you to open a CD or Money Market account. You need to go into a branch to open the accounts and it is limited to IL, IN, KY and MI.

If this bonus is not for you, then you can check our full list of available bank bonuses. And, if you’re new to bank account bonuses, you can learn more about churning bank accounts here.

Offer Details

• Sign up Offer
• Bonus: $200 + $300
• Account Type: Interest Checking & Money Market or CD
• Availability: IL, IN, KY, MI
• Expiration Date: 09/30/2019
• Inquiry Type: Unknown
• Direct Deposit Requirement: Yes, $200 or more
• Other Requirements: Open CD or Money Market account for $300 bonus
• Monthly Fee: Yes (waivable)
• Closing Account Fee: Must keep open for six months to keep bonus

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