Find updated Banterra Bank promotions and offers here. Typical offers range from $100 to $300.
Banterra Bank was established in 1955 and is headquartered in Marion, Illinois. They have 40+ locations throughout Illinois, Indiana, Kentucky and Missouri.
READ MORE: GET TOP OFFERS FROM CHASE, AXOS, BANK OF AMERICA AND BMO.
Compare their rates with the nation’s best Savings rates here, best Checking rates here, and the best CD rates here.
Banterra Bank Promotions Review Below
Banterra Bank $250 Checking Offer
- What you’ll get: $250 bonus
- Where it’s available: IL, IN, KY, MO
- How to earn it: $250 Cash Bonus With Saluki Interest Checking:
- One direct deposit must post to your account within 60 days of account opening.
- When it expires: 4/30/2020
How To Earn The Bonus
$250 Cash Bonus With Saluki Interest Checking:
- One direct deposit must post to your account within 60 days of account opening.
$100 Cash Bonus With Saluki Student Checking:
- Receive $100 bonus when you complete 10 qualifying transactions within 60 days of account opening.
- Free Banterra-SIU Saluki Visa Debit Card
- Digital Wallet Compatibility – Apple Pay, Google Pay or Samsung Pay
- Convenient Digital Banking – Bill Pay, Person-To-Person Payment, Mobile Check Deposit
- Transaction Activity Contributes To A Banterra-SIU Scholarship Fund
- Unique Saluki Fan Experiences, Ticket Offers and Discounts At SIU Athletic Events
- Banterra-Saluki Checks Available To Show Your Saluki Pride
Saluki Interest Checking:
To avoid monthly fee of $10, one of the following is required each statement period:
- 1) $2,500 minimum daily balance or
- 2) $5,000 combined average balance in checking, savings, money markets or CDs.
- 3) A monthly direct deposit of at least $200 or higher is deposited to this account.
$250 Cash Bonus With Saluki Interest Checking:
- To receive $250 bonus, one direct deposit must post to your account within 60 days of account opening; 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 $250 or higher.
- Bonus will be credited to your account within your statement cycle following your first direct deposit and will be reported as income on Form 1099-INT.
- Limit one bonus per customer.
$100 Cash Bonus With Saluki Student Checking:
- Receive $100 bonus when you complete 10 qualifying transactions within 60 days of account opening. Qualifying transactions include;
- 1) Banterra-Saluki Debit Card purchases;
- 2) Online bill payments
- 3) Mobile check deposits to this account
- 4) Person-to-person payments
- 5) Direct deposit. 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 $100 or higher.
- Bonus will be credited to your account within the statement cycle following your completion of 10 qualifying transactions and will be reported as income on Form 1099-INT.
- Limit one bonus per student.
For Both Cash Bonus Offers:
- Bonus offers not available for existing Banterra checking customers.
- Accounts must be opened by April 30, 2020 to receive bonus offer.
- Cannot be combined with other checking offers.
- Checking offer is not available to existing Banterra checking customers or previous customers whose accounts have been closed within the last 90 days or closed with a negative balance.
- Must be 18 years or older and agree to maintain account in good standing for a minimum of six months.
- Subject to bank approval.
- Employees are not eligible for this offer.
- Account Closing: If your checking account is closed within six months after opening, the bonus amount you received for that account will be deducted at closing.
Bottom Line
Good value bonus for standard qualification requirements. Worth considering this one. Compare this offer with the best bank bonuses here.
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.