[Expired] North Shore Bank, $200 Checking Bonus (IL, WI)

North Shore Bank has a $200 bonus for new checking accounts. You need to complete a direct deposit or monthly transactions to get a $20 bonus each month.

Bonus Requirements

When opening online use promo code June Online Special.

Debit card or direct deposit bonus of $20.00 will be credited to the new checking account each month after your statement cycles for up to 10 months provided you have had 10 qualified debit card transactions or a direct deposit for that statement cycle.

New checking bonus will begin with the July 2018 statements. Direct deposit must be payroll, Social Security, pension or other government benefits. Fees may be applied and could reduce earnings. For tax reporting purposes, a 1099 will be issued for all bonus payments.

Eligibility

Must live, work, attend school or have immediate family in McHenry, IL, Brown, WI, Dodge, WI, Kenosha, WI, Kewanee, WI, Manitowoc, WI, Milwaukee, WI, Monroe, WI, Oconto, WI, Outagamie, WI, Ozaukee, WI, Racine, WI, Shawano, WI, Walworth, WI, Washington, WI, Waukesha, WI, and Winnebago, WI.

New customer bonus is for new personal households only and not valid with other offers. Customers who have closed accounts in the past year do not qualify for new account incentive credit.

They also have this in the find print:

Incentive credit will not be paid if promo code is retrieved from a deals website and North Shore Bank reserves the right to close customer’s accounts that do not live within our service area.

Fees

eChecking account has:

No Fee with Direct Deposit (wages or Social Security) and eStatements
No Fee with Any debit card usage and eStatements
Otherwise monthly fee is $4.95

Guru’s Wrap-Up

A pretty good bonus, but you need to keep the account open for at least 10 months. We’ve seen better bonuses from them up to $300, where you would need to keep the account open for a few more months. You just need to do 10 qualified debit card transactions or a direct deposit each month to get $20.

This bank is sensitive to too many ChexSystems inquiries.

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.