[IL] Allied First Bank $200 Checking Bonus

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Offer at a glance

  • Maximum bonus amount: $200
  • Availability: IL
  • Direct deposit required: Yes, two direct deposits of $500+
  • Additional requirements: None
  • Hard/soft pull: Unknown
  • ChexSystems: Unknown
  • Credit card funding: Unknown
  • Monthly fees: None
  • Early account termination fee: 90 days, $20 fee
  • Household limit: None listed
  • Expiration date: April 30, 2022

The Offer

Direct link to offer

  • Allied First Bank is offering a bonus of $200 when you open a new checking account and complete the following requirements:
    • Receive two or more direct deposits totaling at least $500 in the personal checking account within 90 calendar days of account opening

The Fine Print

  • Receive two or more direct deposits totaling at least $500 in the personal checking account within 90 calendar days of account opening.
  • For purposes of this bonus offer, a direct deposit is defined as any payment made by a government agency, employer, or other third-party organization that is made via an electronic deposit.
  • A direct deposit does not include teller, ATM, mobile, remote deposits, or transfers between accounts at Allied First Bank.
  • Open an Allied First Bank Checking Account before April 30, 2022. Offer expires April 30, 2022.
  • Accounts closed within 90 calendar days of personal checking account opening may be charged $20 and may forfeit any cash bonus earned. Fees may reduce earnings.
  • On the 90th calendar day following the opening of the personal checking account, the relationship will be reviewed to determine if activity met offer requirements.
  • If requirements are met, the cash bonuses will be credited to the personal checking account within 10 calendar days.
  • Cash bonuses may be subject to 1099 reporting.
  • Employees of Allied First Bank, S.B. and its affiliates are not eligible for the Checking Account Bonus Program. Allied First Bank reserves the right to modify or terminate the promotion at any time.
  • 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 no monthly fees to worry about.

Early Account Termination Fee

There is a $20 fee if the account is closed within 90 days.

Our Verdict

Need to know if this is a hard or soft pull, if anybody goes for this then please share your experiences in the comments below.

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