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Banner Bank is offering a combo checking and savings or money market deal. Earn up to a $200 cash bonus for opening new accounts and meeting deposit requirements.
Update 2/27/2023: The offer has been extended through 2/28/23.
Banner Bank Up To $200 Checking & Savings/Money Market Offer
- What you’ll get: Up To $200
- Where it’s available: CA, ID, OR, UT, WA
- How to earn it: Earn up to $200 by opening both a checking & savings account.
- $100 checking bonus:
- 1) Open any new Banner Bank personal checking account; AND
- 2a) Complete at least $1,000 of direct deposits; OR
- 2b) Have a minimum daily balance of $1,000 or more within 30 days of account opening and maintain for 60 days.
- Additional $100 savings bonus:
- 1) Open a Banner Bank personal savings or money market account at the same time your Banner Bank checking account is opened; AND
- 2) Deposit a total of $1,000 or more in new money within 30 days of account opening; AND
- 3) Maintain a $1,000 minimum daily balance of $1,000 or more for 60 days; AND
- 4) Set up monthly recurring auto transfers of $25 or more from your Banner Bank checking account to your Banner Bank savings or money market account.
- $100 checking bonus:
- When it expires:
READ MORE: See Bank Offers From Chase Bank, U.S. Bank, TD Bank, BMO Harris, And Bank Of America
Waive The Monthly Fee
There are no monthly service fees with the Connected Checking, Money Market Savings, and Banner’s Best Savings accounts.
- To receive the offer, you must open your account online at bannerbank.com or at a Banner Bank branch and use the promo code at account opening that was provided to you by Banner Bank.
- Standard account opening requirements apply.
- Offer is not available to existing Banner Bank clients, or those whose accounts have been closed within the last 2 years.
- One bonus per individual.
- Offer is subject to change without notice and may not be combined with any other offer.
- Must meet standard account opening requirements.
- Offer available to residents of OR, WA, CA or ID only.
- Employees of Banner Bank, its affiliates and subsidiaries are not eligible for this offer.
- Your 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. Person to Person payments or mobile check deposits are not considered a direct deposit. Micro-deposits do not qualify as a direct deposit for the bonus. Micro-deposits are small deposits, typically less than $1, that are sent to your account to verify it is the correct account. Deposits are subject to verification and not available for immediate withdrawal.
- Minimum opening balance of $25 for Connected Savings; $50 for Connected Checking, Rewards Checking and Banner’s Best Checking; $100 for Money Market Savings and Banner’s Best Savings.
- Account Closing: Checking, savings or money market account must be in an open status and in good standing at the time of payout. If the checking, savings or money market account is closed within six months of account opening and after bonus payment, we will deduct the bonus amount at closing.
- Bonus is considered interest and will be reported on IRS Form 1099-INT (or Form 1042-S, if applicable).
They previously offered a $100 checking bonus that was just as boring as this one. Offer seems to renew monthly.
READ MORE: See The Best Bank Promotions Here And The Best Investing Promotions Here
Complete waste of time. Do not bother.