Old Second Bank Bonus, Get $200 with Checking & Savings (IL)

May 2, 2020

Old Second Bank Bonus, Get $200 with Checking & Savings

Old Second Bank has a bonus for new checking and savings account. You can earn $200 in cash. This Old Second Bank bonus is available in Illinois only.

Offer

The bonus comes in three parts:

Get $50 when you – Open a new checking account online with promo code EM2 (or open in-branch and mention this ad), get a debit card, and enroll in eStatements.
Get $100 when you meet the previous requirement and – Complete 2 or more direct deposits totaling $500 or more
Get another $50 when you meet the requirements for the first $50 bonus, and – Open a Money Builder Savings account

Cash bonus may be subject to 1099 reporting.

Eligibility

Illinois residents only.

Only one cash bonus offer per household.

Fees

Money Connection Checking has a $50 minimum opening deposit. No required minimum balance. eStatements are free. $3.95 monthly paper statement fee. Paper statement fee does not apply if primary account holder is 65 or better. There’s a $25 fee if you close account within 90 days.

No fee for Savings or Money market accounts.

Guru’s Wrap-Up

A decent bonus, but it does have a few requirements to get that $200. This Old Second Bank Bonus is available in IL only and can be opened online, which is a big plus nowadays.

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

Promo Page
Promo Code: EM2
Bonus: $200
Account Type: Checking and Savings
Availability: IL
Expiration Date: 5/31/2020
Inquiry Type: Soft pull
Credit Card Funding: No
Direct Deposit Requirement: Two of at least $500 within 90 days
Other Requirements: Get debit card, enroll in eStatements and open Savings/Money market account
Monthly Fee: $3.95 (waived with eStatements)
Closing Account Fee: $25 if closed within 90 days