Byline Bank $300 Checking & Savings Bonus

Earn up to $300 when you open a new checking and savings account with Byline Bank.

To qualify for the reward, you must do the following:

1. Open a Freedom Personal Checking Account and Statement Savings Account online. (New money required)
2. Enroll in online banking and activate eStatements for both accounts.
3. Set up and receive ACH direct deposit(s) totaling $1,000 or more for your Freedom Checking Account.
4. Maintain an average balance of $5,000 or more in your Statement Savings Account.
5. Enjoy a $50 bonus each qualifying statement cycle, up to $150 per account.

Byline Bank $300 Checking & Savings Bonus

• Account Type: Freedom Personal Checking Account and Statement Savings Account
• Availability: IL, WI
• Credit Inquiry: Unknown
• Credit Card Funding: Unknown
• Opening Deposit: $100
• Direct Deposit Requirement: Yes
• Monthly Fee: Can be waived
• Household Limit: None listed
• Closing Account Fee: None listed

(Offer expiration unknown)

Fine Print

• New money only. Cannot be funded by any existing Byline Bank account.
• Offer effective July 19, 2021.
• Byline Bank reserves the right to change or terminate this offer at any time.
• In order to automatically qualify for $50 cash bonus per qualifying statement cycle, eligible customers must (1) open a Freedom Checking Account online (the “Account”); (2) enroll in online banking and activate eStatements for the Account prior to qualifying for any bonus; (3) have at least one ACH direct deposit of $1,000 or more, made to the Account within the qualifying statement cycle (direct deposit of paycheck(s), social security payment(s), etc.).
• Limit three bonus payments, one per qualifying statement cycle, for a maximum of $150 total bonus.
• Qualifying statement cycles include the 2nd, 3rd and 4th statement cycles from the online Account opening.
• Each $50 cash bonus will be deposited into your newly opened online Freedom Checking account no later than one statement cycle after meeting the qualifications for the bonus.
• Bonus will be listed on your statement as a Bonus Incentive and may be taxable as interest income.
• Consult with your tax advisor.
• Minimum opening deposit of $100 is required.
• See Personal Deposit Account Agreement and Disclosures on bylinebank.com/disclosures and rate sheet on bylinebank.com/rates, for additional terms and conditions.
• For new customers, only residents of Illinois and Wisconsin are eligible to open accounts online

Bottom Line

Make sure you check out Byline Bank to earn up to a $300 bonus promotion. Don’t forget, the $300 bonus will be reported on IRS Form 1099-INT. U.S. Citizenship is required for online applications. Resident alien and non-resident aliens now allowed online.

We value your feedback and will continue to keep you posted on the latest bank offers nationwide. If you would like to see more, see our list of the latest Byline Bank Promotions or check out our full list of bank promotions.