For residents of Wisconsin, Illinois, Iowa and Minnesota, AnchorBank is offering $150 bonus for opening a new personal checking account good until 4/15/2012. The free checking has no monthly fee or minimum balance. You must make a minimum $100 initial deposit. In order to receive the full $150 bonus, you must open a checking account($50), set up direct deposit($50), and make three debit card purchases($50). Make sure to complete the direct deposit and debit card purchases within 60 days of account opening.
The $150 bonus is only for new customers and make sure to keep account open for at least six months. From the website:
To qualify for the full $150 you must: Open a new AnchorBank checking account with the appropriate minimum deposit of new money (money not currently held by AnchorBank) (Qualifies for $50). Within 60 days of account opening you must initiate a monthly direct deposit, which includes payroll, pension, Social Security or other government benefits (Qualifies for $50). Within 60 days of account opening you must make three debit card purchases (Qualifies for $50). The amount indicated above will be automatically deposited into your new account within six to eight weeks after the completion of each of the above events. This promotion is for new personal checking accounts only. If you already have an AnchorBank checking account, you are welcome to switch types or open a new account; however, only first checking accounts qualify for the $150 promotion. Not valid with other offers or on HSAs. Standard account qualifications apply. Account must remain open for six months and should be utilized as the primary checking account. $100 required to open all accounts except High Interest, which requires $5,000. Offer expires April 15, 2012.
Bill pay is not free unless you set up Direct Checking. Previous customers reported to be a soft pull when opening Anchorbank account. The account bonus is mainly for residents of Wisconsin, so make sure to call 1-800-252-6246 to confirm if you are living in Illinois, Iowa, or Minnesota. The $150 promotion is good until 4/15/2012, so apply today!
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