If you live in Oregon, Washington, California, or Idaho, you may be able to take advantage of a promotion being offered by Banner Bank.
The dollar amounts are pretty good for an offer nowadays, given higher interest rates and the hassle of moving over a direct deposit, so this might be a good fit for someone in search of a bonus offer.
It’s not a super compelling offer but one that just might fit what you need.
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Who is Banner Bank?
Banner Bank is a regional bank with branches in OR, WA, CA and ID. They are FDIC insured (FDIC #28489) and were founded more than 130 years ago with solid financials (five stars from Bauer Financial) and $16.6 billion in assets.
What they lack in a geographic footprint, they make up for with all their charitable work. In 2020, they supported more than a thousand charitable and community causes within their foot print. They gave over $3.5 million and thousands of volunteer hours. It seems like a great bank to work with.
Banner Bank $200 & $500 Bonus
Banner Bank has a new account bundle bonus when you open a checking and savings/money market account at the same time and fund it with sufficient funds. You will also need to complete at least $1,000 of direct deposits.
To get $200, you need to open a new personal checking account and a new personal savings or money market at the same time, meet $2,000 deposit requirements for 90 days and set up monthly auto transfer.
To get $500, you need to open a new personal checking account and a new personal savings or money market at the same time, meet $26,000 deposit requirements for 90 days and set up monthly auto transfer.
The offer code is 23BU and this can be opened online or at a branch.
📢 The promotional page was recently updated to $200 and $500 (up from $100 and $400) but the terms and conditions weren’t updated yet to match the bonus amounts.
Offer is available to residents of OR, WA, CA or ID only.
👉 Learn more about this bonus
How does this compare?
If you live within the geographic footprint of Banner Bank, this seems like a fine bank to work with and they have a solid bonus offer. Since it is quite limited, most people will not be able to get an account.
⭐Citi Priority Account – up to $2000
Citi Priority is offering up to $2000 bonus when you open an account by 1/9/2024. Then, within 20 days of opening your account, deposit at least $10,000 in New-to-Citi® funds and keep it there for 60 days after the 21st day. The bonus amount is based on how much you can transfer but the lowest tier starts at $10,000.
Discover Online Savings Account – $150 or $200
Discover Bank is offering a $150 or $200 bonus when you open your first Discover Online Savings Account with the promotion code WH623 and deposit at least $15,000 into the account within 30 days. You get $150 if you deposit $15,000 or more and $200 if you deposit $25,000.
Bank of America – $200 Bonus Offer
Bank of America offers a $200 Bonus Offer cash bonus if you open a new account and Set up and receive qualifying direct deposits totaling $2,000 or more into that account within 90 days of account opening. It has a monthly fee that is easy to have waived.
Chase Total Checking® – $200
Chase Bank will give you $200 when you open a Total Checking account and set up and receive a direct deposit within 90 days. There is a $12 monthly fee that is waivable with a monthly direct deposit of just $500, so no gotchas on this deal!
The post Banner Bank Bonus: $200 / $500 for Checking & Savings Accounts appeared first on Best Wallet Hacks.
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