[IN, IL, WI, In Branch only] Marine Bank/CIBM Bank $250 Checking Bonus

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Offer at a glance

  • Maximum bonus amount: $250
  • Availability: IN, WI, IL only
  • Direct deposit required: Yes, no minimum mentioned
  • Additional requirements: None
  • Hard/soft pull: Soft pull
  • ChexSystems: Unknown (sensitive)
  • Credit card funding: None
  • Monthly fees: None
  • Early account termination fee: Six months, $25
  • Household limit: None listed
  • Expiration date: February 28, 2021

The Offer

Direct link to offer

  • CIBM Bank (also known as marine bank) is offering a bonus of $250 when you open a new checking account and complete the following requirements:
    • Enter promo code OAQTR12021 during account opening
    • Use ClickSWITCH to move your direct deposit at the time of account opening

The Fine Print

  • Promo code OAQTR12021 must be used at account opening.
  • Limited to one offer per customer for new checking accounts opened online between 1/11/2021 and 2/28/2021.
  • Offer not available for existing CIBM Bank personal checking account holders.
  • To qualify for the cash bonus the customer must complete the ClickSWITCH process of direct deposit initiation to CIBM Bank during account enrollment.
  • An email regarding successful account activation will be sent from CIBM Bank.
  • Cash bonus will be paid within seven days from that date.
  • Minimum opening deposit of $100 required.
  • Accounts closed within 6 months of opening date, subject to a $25.00 early closing fee.
  • Cash bonus considered interest/income and reportable on IRS Form 1099-INT or 1099- MISC.
  • We reserve the right to amend or cancel any part of this offer 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

Accounts closed within 6 months of opening date are subject to a $25.00 closing fee

Our Verdict

Last time this was offered it was $200, but we’ve seen the $250 bonus in the past as well. Definitely worth doing when it’s at this $250 level and we will be adding this to our best bank account bonuses.

Hat tip to Burnout1749

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