Take a look at Byline Bank promotions, bonuses, and offers!
They are offering bonuses ranging from $150-$1,200 for opening a qualifying account!
About Byline Bank Promotions
Byline Bank is headquartered in Chicago and was founded in 1972. Today they have 62 locations throughout the state, have money market rates 4X the national average, and boast an A+ health rating!
We will review the current Byline Bank promotions below.
Byline Bank $300 Checking & Savings Bonus (Expired)
$300 Checking & Savings Bonus
Byline Bank is offering a $300 bonus when you open a new qualifying checking account
- What you’ll get: $300 bonus
- Account Type: Freedom Personal Checking Account and Statement Savings Account
- Availability: WI, IL (Bank Locator)
- Direct Deposit Requirement: Yes
- Credit Inquiry: Soft Pull
- ChexSystems: Yes
- Credit Card Funding: Unknown
- Monthly Fees: None
- Early Account Termination Fee: $25, six months
- Household Limit: None listed
Note: Here is an alternative link for the checking offer and another link for the savings offer.
(Expiration Date Not Listed)
| BMO Smart Money Checking ($250 cash bonus + $100 digital gift card) | BMO Smart Advantage Checking ($250 bonus + $100 digital gift card) |
| Bank of America ($300 bonus offer) | Chase Total Checking® ($300 bonus) |
| Fifth Third Bank Momentum® Checking ($400 bonus) | SoFi Checking and Savings ($325 bonus) |
| KeyBank Key Smart Checking ($300 bonus) | Truist Checking ($400 bonus) |
How To Earn Bonus
HOW TO EARN BONUSFINE PRINT
- Open a Freedom Personal Checking Account and Statement Savings Account online. (New money required)
- Enroll in online banking and activate eStatements for both accounts.
- Set up and receive ACH direct deposit(s) totaling $1,000 or more for your Freedom Checking Account.
- Maintain an average balance of $5,000 or more in your Statement Savings Account.
- Enjoy a $50 bonus each qualifying statement cycle, up to $150 per account.
- New money only if funding via ACH. 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 ACH direct deposit(s) totaling $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 Disclosure and Rate Sheet, for additional terms and conditions.
- For new customers, only residents of Illinois and Wisconsin are eligible to open accounts online.
Byline Bank $300 Checking Savings Bonus (Expired)
Earn a $300 bonus at Byline Bank!
Byline Bank is offering a $300 bonus when you open a new qualifying checking account
- What you’ll get: $300 bonus
- Account Type: Freedom Personal Checking Account and Statement Savings Account
- Availability: WI, IL (Bank Locator)
- Direct Deposit Requirement: Yes
- Credit Inquiry: Soft Pull
- ChexSystems: Yes
- Credit Card Funding: Unknown
- Monthly Fees: None
- Early Account Termination Fee: $25, six months
- Household Limit: None listed
Note: Here is an alternative link for the checking offer and another link for the savings offer.
(Expiration Date Not Listed)
| BMO Relationship Checking ($500 Bonus + $100 digital gift card) | KeyBank Checking ($300 bonus) |
| Chase Private Client ($3,000 Bonus) | Fifth Third Bank Preferred Checking ($400 bonus) |
| HSBC Premier Checking (Up to $2,500 Cash Bonus), | |
How To Earn Bonus
HOW TO EARN BONUSFINE PRINT
- Open a Freedom Personal Checking Account and Statement Savings Account online. (New money required)
- Enroll in online banking and activate eStatements for both accounts.
- Set up and receive ACH direct deposit(s) totaling $1,000 or more for your Freedom Checking Account.
- Maintain an average balance of $5,000 or more in your Statement Savings Account.
- Enjoy a $50 bonus each qualifying statement cycle, up to $150 per account.
- 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
Byline Bank $1,200 Business Bonus (Expired)
Get up to $1,200 with Byline Bank
Byline Bank is offering a $1,200 bonus when you open a new qualifying checking account
- What you’ll get: $1,200 bonus
- Account Type: Makers/Builders Business Checking Account
- Availability: IL, WI
(Visit Byline Bank to learn more)
| Chase Business Checking ($300 Bonus) | Bank of America Business Checking ($200 bonus offer) |
| U.S. Bank Business Checking ( $400 or $900 Bonus) | Axos Bank Basic Business Checking ($400 Bonus) |
| Axos Bank Business Interest Checking ($400 Bonus) | Huntington Unlimited Plus Business Checking ($1,000 Bonus) |
| Huntington Unlimited Business Checking ($400 Bonus) | Huntington Business Checking 100 ($200 Bonus) |
| Axos Business Premium Savings ($375 Bonus) | Live Oak Bank Business Checking ($400 Bonus) |
How To Earn Bonus
HOW TO EARN BONUSFINE PRINT
- Open a new Makers or Builders Business Checking account
- Requirement for $1,200 bonus: Open a new eligible Byline business account and maintain an average monthly ledger balance of $10,000 per statement cycle for six consecutive cycles, beginning with the cycle of account opening, to earn $200 bonus per cycle
- Limited to six payouts
- Byline Bank reserves the right to change or terminate this offer at any time
- Social Security Number or ITIN required
- Customers who currently have, or have had the same personal account type with Byline in the past 12 months are ineligible for bonus
- Bonus will be deposited into your newly opened account within 30 days of bonus qualification
- Bonus will be listed on your statement as a rebate and may be tax reportable.
- Consult with your tax advisor
Byline Bank $450 Bonus (Expired)
Get up to $450 with Byline Bank
Byline Bank is offering a $450 bonus when you open a new qualifying checking account
- What you’ll get: $450 bonus
- Account Type: Personal Checking/Savings Account
- Availability: IL, WI
(Visit Byline Bank to learn more)
How To Earn Bonus
HOW TO EARN BONUSFINE PRINT
- Open a new personal Checking & Savings account
- Requirement for $125 Savings Account bonus:
- Maintain an average monthly ledger balance of $2,500, to receive $25 bonus per statement cycle
- Limit 5 bonus payouts for 5 consecutive statement cycles for a maximum of $125
- Requirement for a one-time $25 e-statement bonus:
- Enroll in online banking
- Enroll in e-statements within the first statement cycle from opening date to qualify
- Requirement for $75 Debit Card Swipe bonus:
- Complete 10 or more POS/signature debit card transactions, per statement cycle, to receive $25 bonus
- Limit 3 bonus payouts, for 3 consecutive statement cycles, for a maximum total of $75
- Requirement for $75 Direct Deposit bonus:
- Have direct deposits totaling $1,000 or more till 4th statement cycle from account opening, receive $25 bonus per qualifying cycle
- Maximum payout for three consecutive statement cycles is $75
- Requirement for $150 Minimum Monthly Balance bonus:
- Maintain average monthly ledger balance of $2,500, per statement cycle to earn $50 bonus per statement cycle
- Limit three $50 bonuses within first three full statement cycles beginning at account opening
- Byline Bank reserves the right to change or terminate this offer at any time
- Social Security Number or ITIN required
- Customers who currently have, or have had the same personal account type with Byline in the past 12 months are ineligible for bonus
- Bonus will be deposited into your newly opened account within 30 days of bonus qualification
- Bonus will be listed on your statement as a rebate and may be tax reportable.
- Consult with your tax advisor
- Maximum bonus pay out would be $450, per customer, if all conditions below are met for both a new checking and savings account
How To Waive Monthly Fees
- Freedom Personal Checking: None
- Prime Life Checking: None
- Student Checking: None
- Makers Checking: None
- Not-for-Profit Checking: None
- High Interest Checking: $15 monthly fee. Maintain a $2,500 minimum monthly balance.
- Builder Checking: $20 monthly fee. Maintain a $40,000 average balance or $120,000 combined balance.
- Commercial Analysis Checking: Earnings credit to offset fees.
- Business High Interest Checking: $12.50 monthly fee. Maintain a $2,500 daily average balance account fee.
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Bottom Line
Byline Bank is now offering bonuses ranging from $450-$1,200! Although Byline Bank provides a good variety of services and features to help your banking experience, I’am unsure if this promotion triggers a soft pull. Therefore I would only recommend if it does.
We want you guys to keep us posted on your banking experience and since your feedback helps us help you save and earn big, feel free to comment below. We will continue to update and keep you guys posted on all the latest deals nationwide!
Byline Bank can offer you great services to better your banking experience, however they do not provide very competitive Savings and CD rates. Take advantage of our full list of Bank Rates and CD Rates to get the best deal for you!
Compare Byline Bank Promotions with other bank bonuses from banks like Citi, Huntington, HSBC, Chase, TD, Discover Bank, Aspiration, Axos Bank, PNC Bank, BMO Harris, SoFi, Fifth Third Bank, Bank of America, Wells Fargo, US Bank, and more!
*Check back at this page for updated Byline Bank promotions, bonuses and offers.
Byline has terminated the offer early
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How does someone make 24 debit card transactions per statement cycle?