Find the latest Banner Bank promotions, bonuses, and offers here.
Banner Bank is currently offering a chance to earn a $200 bonus when you open a new Checking & Savings account and complete the requirements.
Table of Contents
About Banner Bank Promotions
Banner Bank is a dynamic full-service financial institution, operating safely and profitably within a framework of shared integrity. Working as a team, we will deliver superior products and services to our valued clients. We will emphasize strong client relationships and a high level of community involvement.
We will review the current Banner Bank promotions below.
Banner Bank $200 Checking & Savings Bonus
- What you’ll get: $200 bonus
- Account Type: Checking Account & Savings
- Availability: CA, ID, OR, WA (Branch Locator)
- Direct Deposit Requirement: Yes, $1000+ (see what works)
- Credit Inquiry: Soft Pull
- ChexSystems: Yes, sensitive
- Credit Card Funding: Unknown
- Monthly Fees: None
- Early Account Termination Fee: None
- Household Limit: 1
(Expires 01/31/2023)
| You can compare this to several great entry level Checking accounts with bonus offers include the BMO Harris Smart Money™ Account ($200 bonus), U.S. Bank SmartlyTM Checking ($400 bonus), Chase Total Checking® ($200 bonus), SoFi Checking and Savings ($275 bonus), and Citi Priority Account (Up to $2000 Cash Bonus). |
How To Earn $100 Checking Bonus
HOW TO EARN BONUSFINE PRINT
- To receive the $100 checking bonus:
- Open any new Banner Bank personal checking account; AND
- Complete at least $1,000 of direct deposits; OR
- Have a minimum daily balance of $1,000 or more within 30 days of account opening and maintain for 60 days.
- After you have met the above requirements and the account has been open for 90 days, we’ll deposit the bonus into your new account within 30 days.
- Open any new Banner Bank personal checking account; AND
- To receive the offer, you must open your account online at bannerbank.com or at a Banner Bank branch and use the promo code at account opening that was provided to you by Banner Bank. Standard account opening requirements apply. Offer is not available to existing Banner Bank clients, or those whose accounts have been closed within the last 2 years. One bonus per individual. Offer is subject to change without notice and may not be combined with any other offer. Must meet standard account opening requirements. Offer available to residents of OR, WA, CA or ID only. Employees of Banner Bank, its affiliates and subsidiaries are not eligible for this offer.
- To receive the $100 checking bonus: 1) Open any new Banner Bank personal checking account; AND 2a) Complete at least $1,000 of direct deposits; OR 2b) Have a minimum daily balance of $1,000 or more within 30 days of account opening and maintain for 60 days. After you have met the above requirements and the account has been open for 90 days, we’ll deposit the bonus into your new account within 30 days. Account must be in an open status and in good standing at the time of payout.
- Your direct deposit needs to be an electronic deposit of your paycheck, pension or government benefits (such as Social Security) from your employer or the government. Person to Person payments or mobile check deposits are not considered a direct deposit. Micro-deposits do not qualify as a direct deposit for the bonus. Micro-deposits are small deposits, typically less than $1, that are sent to your account to verify it is the correct account. Deposits are subject to verification and not available for immediate withdrawal.
- To receive the $100 savings bonus: 1) Open a Banner Bank personal savings or money market account at the same time your Banner Bank checking account is opened; AND 2) Deposit a total of $1,000 or more in new money within 30 days of account opening; AND 3) Maintain a $1,000 minimum daily balance of $1,000 or more for 60 days; AND 4) Set up monthly recurring auto transfers of $25 or more from your Banner Bank checking account to your Banner Bank savings or money market account. After you have met the above requirements and your accounts have been open for 90 days, we’ll deposit the bonus into your new account within 30 days. Account must be in an open status and in good standing at the time of payout.
- Minimum opening balance of $25 for Connected Savings; $50 for Connected Checking, Rewards Checking and Banner’s Best Checking; $100 for Money Market Savings and Banner’s Best Savings.
- Account Closing: Checking, savings or money market account must be in an open status and in good standing at the time of payout. If the checking, savings or money market account is closed within six months of account opening and after bonus payment, we will deduct the bonus amount at closing. Bonus is considered interest and will be reported on IRS Form 1099-INT (or Form 1042-S, if applicable). Please consult your tax advisers concerning the reporting to Internal Revenue Service of bonus payments as interest on accounts. Offer expires 1/31/2023.
How To Waive Monthly Fees
- Connected Checking: $4 monthly fee, waived if maintained minimum daily balance of $500 or $500 or more in direct deposits per monthly statement or account holder is aged 24 or younger
- Rewards Checking: $6 monthly fee
- Banner’s Best Checking: $12 monthly fee, waived if maintained minimum daily balance of $5,000 or Average daily balance of $10,000 or Average daily combined checking/savings relationship deposit balance of $25,000
- Connected Savings: $3 monthly fee, waived if $100 minimum daily balance, or primary account owner is under 25 years of age, or set up automatic monthly transfer of at least $25 from your Banner Bank checking account
- Money Market Savings: $10 monthly fee, waived if maintained $1,000 minimum daily balance
- Banner’s Best Savings: $10 monthly fee, waived if maintained $5,000 minimum daily balance
Bottom Line
Banner Bank is a great bank option for new sign-up promotions when becomes available. They offer a variety of different ways to waive all their accounts, to help you save your money.
If you don’t have a location near you, you can check out some other great bank bonuses, CD rates and bank rates here.
*Check back on this page for updated Banner Bank promotions, bonuses, and offers.
*** They use the Chex System and it is very sensitive. I was declined for this reason alone! Please update. *****
Where do you get an offer code?
FYI this offer is no longer available. I tried it, filled out the application and put the promo code from the top right of the pdf image. I was sent an email saying they no longer have that offer available and wanted to know if I would like to still proceed with opening the account. I asked if there was anything else similar right now because that was a major incentive as to choosing their bank to open a checking account. Bank rep said no, nothing else at this current time. So of course I didn’t finish opening the account.