[FL only] We Florida Financial $250 Checking Bonus

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Offer at a glance

  • Maximum bonus amount: $250
  • Availability: Selected counties in FL
  • Direct deposit required: Yes, $250+ 
  • Additional requirements: See below
  • Hard/soft pull: Unknown
  • ChexSystems: Unknown
  • Credit card funding: Unknown
  • Monthly fees: $5
  • Early account termination fee: $10, six months
  • Household limit: None
  • Expiration date: May 1, 2021

The Offer

Direct link to offer

  • We Florida Financial is offering a bonus of up to $250 when you open a new checking account and complete the following requirements:
    • Minimum of at least $250 direct deposited into the account each month.
    • Enroll in e-statements.
    • Make ten or more Visa Debit card pin-less transactions of at least $5 each every month.

The Fine Print

  • The $250 bonus will be paid the 1st day of the month following the 90th day the account was opened and has the required direct deposit and is enrolled in e-statements.
  • Only one bonus offer per membership.
  • The bonus may be reported to the IRS as income.
  • Bonus offer may be withdrawn or changed at any time.
  • Valid for new checking accounts opened between 04/01/21 and 05/01/21.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

This account has a $5 monthly fee. This is waived if you meet the bonus requirements listed above.

Early Account Termination Fee

According to the fee schedule there is a $10 fee if closed within six months of account opening.

Our Verdict

Meeting the requirements also means you earn 3% APY on balances up to $10,000. That’s actually an OK rate and nice maximum amount at the moment. We need to know if it’s a hard or soft pull to open, if anybody goes for it then share your experiences in the comments below.

Hat tip to reader GLI

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