Republic Bank is offering a $200 cash bonus when you open a new personal or business checking account and meet the offer requirements. More details below.
- Update 12/4/23: This offer is still active. For a higher checking bonus, consider getting up to $600 from BMO Bank.
Republic Bank $200 Checking Offer
- What you’ll get: $200
- Where it’s available: FL, IN, KY, OH, TN
- How to earn it: Open a new business or personal checking account using promo code MKT, and in any one of the first three statement cycles, complete a combination of five or more of the following transactions:
- Set up a direct deposit of at least $100.
- Make a Bill Pay Debit of at least $25.
- Perform a Point-of-Sale (POS) Debit of at least $10 (excluding ATM transactions or pending POS transactions at the end of the statement cycle).
- Execute an ACH Debit of at least $25.
- When it expires: 12/31/23
READ MORE: GET TOP BONUSES FROM CHASE, AXOS, BANK OF AMERICA AND BMO.
Bonus Details
- Eligibility:
- Business checking account applicants must not have any existing business checking account relationship.
- Personal checking account applicants must not have any existing personal checking account relationship.
- Account conversions are not eligible.
- Reward Limitations: Newly opened checking accounts are eligible for one transaction-based reward within the first three statement cycles.
- Qualification for Reward:
- To earn the reward, the checking account must complete a combination of five or more of the following transactions within one of the first three statement cycles:
- Direct deposit (an ACH credit) of at least $100.
- Bill Pay Debit of at least $25.
- Point-of-Sale (POS) Debit of at least $10 (excluding ATM or pending POS transactions).
- ACH Debit of at least $25.
- To earn the reward, the checking account must complete a combination of five or more of the following transactions within one of the first three statement cycles:
- Reward Timing: All cash rewards will be deposited into your account on the first business day of the statement cycle following the completion of qualifying activities.
Waive The Monthly Fee
Their checking accounts have no monthly fees.
Fine Print
- To be eligible to earn the reward on a new checking account, applicants opening a business checking account cannot have any existing business checking account relationship (primary, secondary, joint, or signer), and applicants opening a personal checking account cannot have any existing personal checking account relationship (primary, secondary, joint, or signer) and Account conversions are not eligible.
- Newly opened checking accounts are eligible for only one transaction-based reward within the first three (3) statement cycles.
- To obtain the reward, the personal or business checking account opened must conduct a combination of five (5) or more of the following transactions within any one of the first three statement cycles: Direct deposit (an ACH credit ) of at least $100, a Bill Pay Debit of at least $25, a Point-of-Sale (POS) Debit of at least $10 (this does not include transactions through an ATM or POS transactions pending at the end of statement cycle) or an ACH Debit of at least $25.
- All cash rewards will be deposited into your account on the first business day of the statement cycle following the statement cycle which the qualifying activities were completed. Offer subject to change without notice.
- Rewards are reportable on 1099-INT.
- This program may be modified or canceled at any time without notice to either party.
- Republic Bank employees are not eligible.
- Accounts for which a Republic Bank employee is a signer (Business & Personal Accounts) are not eligible
- . Savings accounts are not eligible.
- Offer valid with promo code only. Some restrictions apply.
- Valid identification required. Refer to RepublicBank.com for current information on Republic Bank checking account products including APY, rates, fees, minimum opening deposit requirements, as applicable.
- Offer expires 12/31/2023.
My Impression of the Offer
This offer for a cash reward is worth considering. It’s a great way to earn extra money when opening a new checking account. The fact that rewards are deposited quickly is a plus. Overall, it’s a tempting offer to explore but I personally think this $200 offer from Chase is better because of the nationwide availability.
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.