North Shore Bank Promotions: $300 Checking, $500 Referral Bonuses [IL, WI]

Contents

1 North Shore Bank $300 Checking Bonus
- 1.1 Fine Print
- 1.2 Bottom Line
2 North Shore Bank $50 Referral Bonus, Up To $500
- 2.1 How To Earn The Bonus
- 2.2 Fine Print

Find updated promotions and bonus offers from North Shore Bank (northshorebank.com) here. Typical promotions in the past have ranged from $50 to $400 in cash bonuses.

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

For more current offers, see our bank bonuses page. Popular offers can be had from banks like Chase Bank, Bank of America, BMO Harris, TD Bank and many more.

I’ll review the current offers below.

Bonus offer: Get $200 cash for a new checking account with Chase…

North Shore Bank $300 Checking Bonus

What you’ll get: $300 bonus
Where it’s available: IL and WI
How to earn it:
- Open a new checking account with promo code FALL300BONUS
- You will receive a monthly $30 bonus when you either have 10 qualified debit card transactions or a direct deposit for that statement credit.
- Direct deposit is optional.
When it expires: 11/12/2022

Learn More at North Shore Bank

Fine Print

One new customer incentive bonus per person every 24 months.
Excludes Student Checking Account.
New personal checking households only.
Restrictions may apply.
Direct deposit must be payroll, Social Security, pension or other government benefits.
Fees may be applied and could reduce earnings.
Payment will begin in November 2022, based on October 2022 statement activity.
For tax purposes, a 1099 form may be issued.

Bottom Line

A good offer for those living in the bank’s service area. Direct deposit is optional.

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:
- Visit the offer link.
- Provide the names and email addresses for the friends you would like to refer (your friend will not receive the bonus without you providing their names and email addresses through the bank’s link).
- They’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. (North Shore Bank have stated they would not use your friend’s email for any other marketing campaigns).
- For each referred friend that opens a new checking account, North Shore Bank will credit your account $50 (up to $500).
- The new customer needs to use promo code TAFSEPTEMBER2022 when opening online. They will be credited $10 monthly for up to 10 months provided there are 10 qualified debit card transactions or a direct deposit for that statement cycle.
When it expires: 9/30/2022

Learn More at North Shore Bank

How To Earn The Bonus

Visit the offer link.
Provide the names and email addresses for the friends you would like to refer (your friend will not receive the bonus without you providing their names and email addresses through the bank’s link).
They’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. (North Shore Bank have stated they would not use your friend’s email for any other marketing campaigns).
For each referred friend that opens a new checking account, North Shore Bank will credit your account $50 (up to $500).
The new customer needs to use promo code TAFSEPTEMBER2022 when opening online. They will be credited $10 monthly for up to 10 months provided there are 10 qualified debit card transactions or a direct deposit for that statement cycle.

Fine Print

REFERRING CUSTOMER:

$50 TAF OFFER: Offer limited to referrals made during the promotion period.
They will credit your account $50 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:

New checking account incentive payments of $10 will be credited monthly for up to 10 months provided there are 10 qualified debit card transactions or a direct deposit for that statement cycle.
ATM transactions will not qualify.
Direct deposit must be payroll, Social Security, pension or other government benefits.
One new customer incentive payment per household every 24 months.
New personal households living in our service area only.
Excludes Student Checking Account and old to new accounts.
Customers who have closed accounts in the past year do not qualify.
For tax reporting purposes, a 1099 will be issued for incentive payments.
Incentive payment will not be paid if promo code is retrieved from a deals website.
Not valid with other offers.
Restrictions may apply.

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

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Comments

CPA question says

June 10, 2020 at 11:47 am

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!