If you’re looking for an easy bank bonus, Local Bank is offering a $250 checking bonus when you open a new account and meet a few simple requirements.
This is a solid mid-tier bonus with relatively straightforward steps—especially if you can route a direct deposit and use the account for everyday spending.
The offer is only available locally in Alabama. If you’re looking for offers available nationwide, check out our top picks here—including huge offers from Chase, CIT Bank and Axos Bank that you won’t want to miss!
How To Earn the $250 Bonus
To qualify for the $250 bonus, follow these steps:
- Open a new qualifying checking account
- Use promo code CAP2026
- Receive at least $1,000 in direct deposits
- Must be completed within 30 calendar days
- Complete 30 qualifying transactions
- Must be done within 90 calendar days
- Maintain at least a $100 balance
- Required at the time the bonus is paid
- Keep your account open and in good standing
Trending Checking Account Deal:
What Counts (and What Doesn’t)
Qualifying Direct Deposits
- Payroll (salary/wages)
- Government benefits
- Other ACH income deposits
Does NOT count:
- Transfers between accounts
- Mobile check deposits
- ATM or branch deposits
Qualifying Transactions
You’ll need 30 transactions within 90 days, which can include:
- Debit card purchases
- Online bill payments
- ACH credits
- Mobile deposits
When Will You Get the Bonus?
The $250 bonus is paid within 30 days after you complete the 90-day qualification period, as long as:
- All requirements are met
- Your account remains open and in good standing
How To Open the Account
You have two options:
- In-branch: Visit a Local Bank branch and mention promo code CAP2026
- Online: Submit a request form and include CAP2026 in the message box
A bank representative will follow up to complete the process.
Is This Bonus Worth It?
This bonus is a good fit if you can naturally meet the requirements, especially:
- You can route $1,000 in direct deposit quickly
- You’re okay doing 30 transactions (easy with small debit purchases)
The transaction requirement is the main “effort” here, but it’s manageable if you treat this as your daily spending account for a few weeks.
Final Thoughts
The Local Bank $250 bonus is a straightforward offer with:
- A moderate direct deposit requirement
- A slightly higher transaction requirement
- A reasonable payout timeline
If you’re already planning to switch banks or don’t mind temporarily using this as your primary account, it’s a solid bonus to pick up.
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