[WI] Bank & Trust $350 Checking Bonus

Update 2/11/21: Back again, just for WI this time until March 31, 2021. Hat tip to W

Offer at a glance

Maximum bonus amount: $200
Availability: Select areas in WI
Direct deposit required: Yes, $500+
Additional requirements: eStatements
Hard/soft pull: Soft
ChexSystems: Unknown
Credit card funding: Up to $2,000. No American Express
Monthly fees: None
Early account termination fee: $25 + bonus forfeit, 90 days
Household limit: None listed
Expiration date: ~~December 31st, 2017 April 30th, 2018 August 31st, 2018 December 31st, 2018 April 30th, 2019 June 28th, 2019~~ ~~October 31st, 2019~~ March 31, 2021

The Offer

For direct link to offer, see links under ‘eligibility’

Bank & Trust is offering a bonus of up to $200 when you open a new checking account and complete the following requirements:
- $30 bonus for signing up for eStatements within 90 days of account opening
- $170 bonus for receiving a direct deposit of $500 or more within the first 60 calendar days
Bank & Trust is offering a bonus of up to $350 when you open a new checking account and complete the following requirements:
- $30 bonus for signing up for eStatements within 90 days of account opening
- $70 bonus for receiving a direct deposit of $500 or more within the first 60 calendar days
- $250 bonus for having a balance of at least $7,500 within 60 days of account opening
~~Bank & Trust is offering a bonus of up to $700 when you open a new Consumer Checking Account relationship~~
- ~~$30 bonus for signing up for eStatements within 90 days of account opening~~
- ~~$170 bonus for receiving a direct deposit of $500 or more within the first 60 calendar days~~
- ~~$300 bonus for having total balance of at least $50,000 at 15 calendar days after account opening~~
- ~~An additional $200 bonus for having a total balance of at least $50,000 at 60 calendar days after account opening~~

Eligibility

~~Arizona Bank & Trust (AZ). ($350 bonus)~~
~~First Community Bank (IA, IL) ($700 bonus)~~
~~First Bank & Trust (TX) ($350)~~
~~Dubuque Bank & Trust (IA) ($350 bonus)~~
~~Illinois Bank & Trust (IL) ($350 bonus)~~
Wisconsin Bank & Trust (WI) ($350 bonus)
~~Citywide Banks (CO) ($350 bonus)~~
~~New Mexico Bank & Trust (NM) ($350 bonus)~~
~~Rocky Mountain Bank (MT) ($350 bonus)~~
~~Premier Valley Bank (CA) ($350 bonus)~~
~~Minnesota Bank & Trust (MN)~~
Bank of Blue Valley (KS & MO) ($350 bonus)

The Fine Print

The fine print is based on the Arizona Bank & Trust bonus, but is basically the same regardless.

$350 bonus offer is not available to existing Citywide Banks consumer checking customers or those who have been paid a new account opening bonus since January 1, 2018
Bonuses only apply when opening a new consumer checking account at Arizona Bank & Trust or arizbank.com during the promotional bonus period.
The promotional bonus period is 06/01/2018 – 08/31/2018.
If the account is closed by the customer or bank within 90 business days after opening, we may deduct bonuses earned and received at closing and a $25 account closing fee may be assessed.
Closing the account will negate any unearned bonuses.
All bonus dollars will be paid to the newly opened checking account.
If multiple checking accounts are opened during the promotional bonus period under the same primary owner name, the bonuses will be paid to the account that was opened first. Limit one bonus per new consumer account relationship.
A $30 bonus will be given for enrolling in eStatements within 60 calendar days of account opening and a $170 bonus will be given if one (1) direct deposit of $500 or more post to the account within the first 60 calendar days of account opening. Direct Deposit examples include payroll, pension, Social Security or other government benefits. Bonuses will be paid within 90 business days after account is opened.
An IRS 1099 form may be issued.
The offer cannot be used in conjunction or combination with any other deposit offer. Health Savings Accounts are not eligible for the promotion.

$700 bonus:

$700 bonus offer is not available to existing First Community Bank consumer checking customers or those who had accounts open on or before August 31, 2018.
Offer available when opening a new Consumer Checking Account relationship at First Community Bank or FCB-Keokuk.com during the promotional bonus period.
A$30 bonus will be given for enrolling in eStatements within 60 calendar days of account opening and a $170 bonus will be given if one (1) direct deposit of $500 or more post to the account within the first 60 calendar days of account opening.
Direct Deposit examples include payroll, pension, Social Security or other government benefits.
In addition, when opening a consumer Signature Series Checking Account, receive a $300 bonus for having total balance of at least $50,000 at 15 calendar days after account opening and a total balance of at least $50,000 at 60 calendar days after account opening to receive a $200 bonus. Bonuses will be paid within 90 business days after the promotional bonus period has ended. Minimum to open and APY given on consumer checking accounts varies by products selected. The promotional bonus period is 09/05/2018-12/31/2018. If the account is closed by the customer or bank within 90 business days after opening, we may deduct bonuses earned and received and a $25 account closing fee may be assessed. Closing the account will negate any unearned bonuses. All bonus dollars will be paid to the newly opened checking account. If multiple checking accounts are opened during the promotional bonus period under the same primary owner name, the bonuses will be paid to the account that was opened first. Signature Series Bonus will be paid to the Signature Series account. Limit one bonus per new consumer account relationship. HSA and Fiduciary accounts are excluded. An IRS 1099 form maybe issued. Geographic restrictions may apply. Account opening is subject to approval.

Avoiding Fees

They offer a free checking account with no monthly fees to worry about. If the account is closed within 90 days of account opening they will deduct the bonus and a $25 early account termination fee is charged.

Our Verdict

They offered a $500 bonus in 2016, obviously that bonus was much better but $200 still isn’t bad and I’m not sure we will see that bigger $500 bonus again. The positive is that you can open the account online this time rather than having to go in branch (maybe credit card funding is possible now as well?) ~~You should also be able to do this deal even if you’ve done the previous deal as long as you didn’t have an account open on or before October 31st, 2017~~. That actually looks incorrect as pointed out in the comments. I’ll be adding this to the best bank account bonuses.

Big thanks to reader, Rodney M who let us know. Learn how to find bonuses and contribute to the site here.

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Post history:

Update 11/12/20 Available again until December 14, 2020
Update 3/5/2020: Extended until April 30th, 2020.
Update 1/7/2020: Deal is back and valid until March 2nd, 2020. Hat tip to reader ChurnNBurn
Update 10/4/19: Deal has been extended until October 31st, 2019. Hat tip to reader Matt M
Update 7/2/19: Deal has been extended to September 3rd, 2019. Citywide bank is now offering $400
Update 5/18/19: This is available in a lot more states now.
Update 5/5/19: Deal is back but only for Citywide bank and the $350 offer this time.
Update 3/8/19: Deal is back, but only $200/$350 available this time. Hat tip to Dan
Update 09/23/18: There is also a $700 bonus available this time.
Update 09/15/18: Deal is back again and valid until December 31st, 2018. Hat tip to reader Steve & YoungBuck Not available in MN this time
Update 06/02/18: Deal is back again and valid until August 31st, 2018. Hat tip to RandytheRealtor. Illinois Bank & Trust is $350 and others are $200.
Update 01/24/18: Deal is back and available in more states. Hat tip to reader @Mr__RTF. Also added more states (CA, KS, MT MO) thanks to reader Thom