Offer at a glance
- Maximum bonus amount: $150
- Availability: MN
- Direct deposit required: Yes, $500+
- Additional requirements: eStatements
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: Unknown
- Monthly fees: $3, avoidable
- Early account termination fee: Six months
- Household limit: None listed
- Expiration date: August 31, 2024
The Offer
- Keen Bank is offering a $150 bonus when you open a new checking account and complete the following requirements:
- Account minimum opening balance of $50
- Direct deposit minimum qualification of $500
- Enroll in eStatements
The Fine Print
- Offer valid August 1-31, 2024.
- New account owners must not have been a Keen Bank account customer in the last 12 months.
- Checking account minimum opening balance is $50 and direct deposit minimum qualification is $500 (combined total of direct deposits during one statement cycle) to earn $150.
- Checking account also requires online banking with eStatements enrollment to qualify for $150 reward.
- Health Savings Accounts are not eligible for the $150 reward.
- Account ownership styling and transaction authority may disqualify eligibility to receive the reward.
- The reward will be credited to your checking account within 90 calendar days of meeting all qualifications.
- Qualifications must be met by October 1, 2024 (direct deposit must clear by December 30, 2024) to obtain the reward.
- The $150 reward will be reported as interest on IRS Form 1099-INT.
- An early closing fee will be assessed and charged by the bank if the account closes within the first six months.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Choice checking has a $3 monthly fee, this is waived with eStatements.
Early Account Termination Fee
Six months, unknown amount?
Our Verdict
Please share your experiences in the comments below.
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