New American Bank of Huntsville $50 Referral Bonus

American Bank of Huntsville $50 Bonus:

If you live in Alabama and know someone who needs a new checking account, you should refer them to American Bank of Huntsville so you can get a $50 Cash Bonus. As long as you have your own account, you can head to the site and fill out a referral form that you can email to friends or family. You also have the option of handing out paper forms. After the referred person opens a new checking account through your link or form, they just need to “complete all transactions required to qualify for rewards based on the terms of the specific account disclosure.” There are additional steps to receive the bonus, but the terms and conditions contain very vague language. I assume they would reveal more information once your friend opens an account.

Direct Offer Link
Bonus Amount – $50 bonus
Account Type – Premier or Advance Checking
Availability – AL
Expiration Date – 4/1/2017
Credit Inquiry – Hard pull or soft pull? Let us know.
Opening Deposit Credit Card Funding – Unknown
Monthly Fee – $0
Avoiding Fee – There is no monthly fee.
Account Closure Fee – None

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How To Earn Bank of Huntsville $50 Bonus:

Open a new checking account from American Bank of Huntsville if you don’t already have one.
Head to the referral page and fill out the form or print one out.
Email the form to any friends or family members or hand it to them in person.
Referred person must open a new checking account through your link and then complete certain requirements.
Once the referred person completes everything, you will receive $50 and the new member will receive $25.

Bonus Terms & Fine Print:

American Bank of Huntsville reserves the right to discontinue the participation privileges of any customer who engages in any fraudulent activity or uses the Program in a manner inconsistent with these Terms and Conditions or any federal or state laws, statutes, or ordinances.
American Bank of Huntsville shall have the right to take appropriate administrative and/or legal action, including criminal prosecution, as it deems necessary in its sole discretion.
American Bank of Huntsville is not responsible for any incorrect or inaccurate information supplied by customers or referred friends while participating in the Program.
All questions or disputes regarding eligibility for the Program, earning of rewards, or a customer’s compliance with these Terms and Conditions will be resolved by American Bank of Huntsville in its sole discretion.
Any Referral Rewards or credits are net of taxes and you must pay any applicable taxes if reported.

Bottom Line:

Although the instructions are unclear, this sounds like a pretty simple $50 referral bonus from American Bank of Huntsville. When you refer a friend to the credit union with your personal link, all they need to do is open a new checking account and complete a few requirements. If you aren’t interested in this offer, review our lists of national and regional bank bonuses!