Nationwide Bank is still offering a $200 bonus for opening a checking account but their requirements have changed quite a bit. Until June 30th, 2015, you can receive the bonus when you open an eChecking account using the promotional code “03110473″. You have to fund the account with $50 or more.

You need to set up an automatic monthly direct deposit of at least $200 into your E-Checking account within 60 days. The account must remain open for at least 90 days to receive the $200 bonus. The $200 bonus will be deposited into your new account within 2 weeks following the 90 day minimum requirement. This $200 bonus offer is limited to one per household and is not available to existing checking customers.

The eChecking account comes with a $8 monthly fee. To avoid the fee, you will need to sign up for at least one direct deposit of $25 per month AND make at least 8 debit card transactions per statement period OR maintain a combined average daily balance among your Nationwide Bank deposit accounts of at least $10,000 (excludes CD account balances). This makes it a bit annoying but still achievable. If you do get charged a fee, remember to always ask for a refund.

I would go for this, but I already received the bonus a few months ago. The $200 rewards makes it worth the hassle.

Offer Details

• Apply Here
• Account Type: eChecking
• Availability: Nationwide
• Expiration Date: 6/30/2015
• Inquiry Type: Soft pull
• Opening Deposit Credit Card Funding: No
• Direct Deposit Requirement: $200
• Monthly Fee: $8 (Waived with $25 DD and 8 debit card transactions per month)
• Closing Account Fee: 25 if closed within 6 months