Replace 10/5/25: Bonus elevated to $250 from $100 however direct deposit now required
Supply at a look
- Most bonus quantity: $100
- Availability: Account holder will need to have a Tennessee mailing tackle.
- Direct deposit required: Sure, $4,000+
- Extra necessities: None
- Laborious/tender pull: Unknown
- ChexSystems: Unknown, delicate
- Bank card funding: Unknown
- Month-to-month charges: None
- Early account termination price: Unknown
- Family restrict: None listed
- Expiration date: August 31, 2022
The Supply
- SouthEast Financial institution is providing a bonus of $250 whenever you open a brand new checking account and full the next necessities:
- Make deposit(s) totaling no less than $4,000 in new cash inside thirty (30) days of account opening and preserve a optimistic each day stability by way of the sixtieth day following account opening
- No less than as soon as inside 60 days of account opening, meet the necessities to earn 3.55% APY on balances as much as $20,000 with Bonus Charge Checking(2) together with enrolling in eStatements and posting and settling no less than 15 debit card purchases of $1 or extra inside an announcement cycle
- Main tackle have to be in Tennessee
The Tremendous Print
- This promotion begins on June 22, 2022, and the brand new account have to be opened by August 31, 2022, to obtain the $100 bonus.
- The minimal deposit required to open a qualifying checking account and obtain this bonus is $50.
- The account holder should make 5 SouthEast Financial institution debit card transactions of $1 or extra inside 30 days of account opening and the account should stay open and in good standing inside 90 days of funding in an effort to obtain the bonus.
- The bonus might be credited to the account inside 5 (5) enterprise days of assembly all {qualifications}. Bonus solely accessible to new SouthEast Financial institution prospects
- All checking account bonuses are handled as earnings/curiosity and as such it’s a must to pay taxes on them
Avoiding Charges
Month-to-month Charges
Bonus Charge Checking has no month-to-month price so long as you don’t obtain paper statements.
Early Account Termination Payment
I wasn’t capable of finding a price schedule so I’m uncertain if there may be an early account termination price.
Our Verdict
Sadly this financial institution is ChexSystems delicate. There was additionally a $150 checking bonus prior to now with related necessities (e.g no direct deposit requirement).
Hat tip to reader midnight
Helpful posts relating to financial institution bonuses: