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Home Bank Promotions

North Shore Bank $50 for Referrals, up to $500 Yearly [IL, WI] – No End Date

Tony Jay by Tony Jay
February 14, 2023 4:12 am CST
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This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

Chase Total Checking $200 Bonus Chase Total Checking $200 Bonus Chase Total Checking $200 Bonus
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Earn a $50 bonus for qualified referrals (up to $500 yearly) with this offer from North Shore Bank (northshorebank.com). Typical promotions in the past have ranged from $50 to $400 in cash bonuses.

Update 12/14/2023: Updated expiration date.

Update 11/27/2022: The $300 offer has expired. Referral offer has returned. See below.

Established in 1923 and headquartered in Brookfield, Wisconsin, North Shore Bank has around 50 locations throughout Illinois and Wisconsin.

North Shore Bank $50 Referral Bonus, Up To $500

  • What you’ll get: $50 bonus each
  • Where it’s available: IL and WI
  • How to earn it:
    • Provide the names and email addresses for the friends you would like to refer
    • We’ll send an email on your behalf with all the details on how they can open a new checking account and receive up to $100 with qualified transactions. (Don’t worry, we won’t use their email for any other marketing campaigns)
    • For each referred friend that opens a new checking account by December 31, we’ll credit your account $50 (up to $500)
  • When it expires: None listed
Learn More at North Shore Bank

Fine Print

REFERRING CUSTOMER: Offer limited to referrals made during the promotion period: November 13 to December 31, 2022. We will credit your account $50 by February 1, 2023 for each new customer you refer who opens a new qualified personal checking account during the promotion period. Referral payments will be made for the first 10 qualified referrals for a total of $500 in account credits during a calendar year. For tax reporting purposes, a 1099 will be issued for bonus payments.

NEW CUSTOMER: One new customer incentive bonus per person every 24 months. Excludes Student Checking Account. New personal checking households only. Restrictions may apply. Debit card or direct deposit bonus of $10 will be credited to the new checking account each month after your statement cycles for up to 10 months provided you have had qualified debit card transactions totaling $100 or more or direct deposits totaling $500 or more for that statement cycle. ATM transactions will not qualify. Direct deposit must be payroll, Social Security, pension or other government benefits. Fees may be applied and could reduce earnings. Offer available until 12/31/2022. Monthly bonus payments will begin in March 2023, based on February 2023 statement activity. Customers who have closed accounts in the past year do not qualify. For tax purposes, a 1099 form may be issued. When opening online use promo code TAFDECEMBER2022. Incentive payment will not be paid if promo code is retrieved from a deals website. Not valid with other offers.

Other offers you make like: Chase bonus, Aspiration bonus, Bank of America bonus, Huntington bonus and more here.

READ MORE: See The Best Bank Promotions Here And The Best Investing Promotions Here

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Tony Jay

Tony Jay

I'm all about finding new finance-related promotions and bonuses here at MoneysMyLife. Contact me here.

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Comments 1

  1. CPA question says:
    3 years ago

    I’m wondering if there is any way these promotions should be reported during annual tax season. I do accounting work for freelancers, and I can’t seem to find an answer to whether these promotions qualify as any type of income (which would then need to be filed on a 1099-MISC). Thanks in advance!

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Editorial Disclaimer: Opinions expressed here are author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
Disclaimer: These responses are not provided or commissioned by the bank advertiser, credit card issuer, hotel, airline or other entity. Responses have not been reviewed, approved or otherwise endorsed by any of the entities included within the post. It is not the bank advertiser's or any other entity's responsibility to ensure all posts and/or questions are answered.

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