Magnolia Bank Referral Promotion: $50 Bonus (KY)

Available for residents of Kentucky, Magnolia Bank is offering a $50 bonus when you tell your friends and family to become a member at Magnolia Bank by December 31, 2019.

To qualify for this referral bonus, you must first fill out their referral form and give it to a friend. Remember to have your friend bring it to their nearest branch and use it to open a new Magnolia Checking account. Additionally, they will have to set-up a direct deposit and close their account at their previous bank.

Once all the requirements are met, you will have access to a range of features to better your banking experience. If you are interested, be sure to check out this promotion as well as other banks such as HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Compass Bank or CIT Bank.

Credit goes to Dorianne for letting us know about this bank bonus through our Rewards Program. Let us know if you find a new bank bonus and get paid!

	HSBC Advance checking account: Get $350 when you open an Advance checking account, fund account with at least $5,000 in New Money in combined checking and savings accounts within 30 calendar days of account opening and maintain balance for 90 days AND set-up monthly direct deposits from a third party into the checking account for 3 consecutive months Member FDIC Terms
	Discover Online Savings Account: Earn $200 Bonus/$150 Bonus with promo code HMB819 by 09/09/2019 along with high interest rate of 2.00% APY. Fund your first savings account with a minimum of $25K by 09/23/2019 to earn the $200 Bonus. No minimum opening deposit, no minimum balance requirement, and no monthly fees. See advertiser website for full details. Apply Now---Discover Savings Review
	Huntington 5 Checking: Earn $200 bonus when you open a Huntington 5 Checking account and make total deposits of at least $1,000 within 60 days of account opening. The $200 bonus will be deposited into your Huntington 5 Checking account after all requirements are met and your account is open for 90 days. Apply Now---Huntington 5 Checking Review
	Chase Total Checking® + Chase SavingsSM: Earn $200 bonus when you open a new Chase Total Checking® account and set up direct deposit. Additionally you can earn a $150 bonus when you open a new Chase SavingsSM account, deposit a total of $10,000 or more in new money within 20 business days & maintain a $10,000 balance for 90 days. Apply Now---Chase Checking & Savings Review

Magnolia Bank $50 Referral Info

• Direct Link to Offer
• Magnolia Bank Referral Bonus PDF Printout
• Referrer Bonus: $50
• Referee Bonus: $50
• Account Type: Simple, Mobile, Interest, Renew Checking
• Availability: KY (Bank Locator)
• Expiration Date: 12/31/2019
• Credit Inquiry: Unknown, let us know.
• Chexsystems: Unknown, let us know.
• Opening Deposit: Not specified, check with CSR
• Credit Card Funding: Unknown, let us know.
• Direct Deposit Requirement: None
• Monthly Fee: $0 – $10, See Below
• Additional Requirements: See Below
• Closing Account Fee: None listed, check with CSR

How to Earn Magnolia Bank Bonus

1. Fill out the referral form and have your referral bring it when they go to open a qualifying checking account with Magnolia Bank.
2. They will have to set-up a direct deposit to the account and close their account at their previous bank.
3. If you take advantage of this offer before December 31, 2019 you and your referral will earn $50.

How to Avoid Monthly Fees

• Simple Checking Account: There are no monthly fees.
• Mobile Checking Account: Maintenance fee of $5 if balance falls below $50.
• Interest Checking Account: Waived if you set-up a savings account but maintenance fee of $10 if combined balance falls below $10,000.
• Renew Checking Account: $10 fee is reduced to $8 if you set-up a direct deposit.

Bottom Line

Make sure you check out Magnolia Bank to learn more about the $50 referral bonus. Don’t forget this bonus will be reported on form 1099-INT. Be sure to take advantage of this opportunity before it expires!

Feel free comment below and let us know about how it went and  if you could fund your account with credit card or not. We value your feedback and will continue to keep you posted on the latest bank offers nationwide. If you would like to see more, check out our full list of Bank Referrals for all your banking needs.

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