Here you will find new and updated Old Second Bank promotions, bonuses and offers.
Currently, they have a $200 bonus when you open a Checking and Savings Account and meet all the requirements.
Table of Contents
About Old Second Bank Promotions
Established in 1887 and headquartered in Aurora, Illinois, Old Second Bank has over 20 locations in the state.
I’ll review the Old Second Bank Promotions below.
Old Second Bank $200 Checking Savings Bonus
The current Old Second Bank promotion is a $200 bonus when you open a new qualifying checking and savings account and complete certain requirements.
- What you’ll get: $200 bonus
- Account Type: Personal Checking Account and Money Builder Savings account
- Promo code: EM2
- Availability: IL (Bank Locator)
- Direct Deposit Requirement: Yes, complete 2 or more direct deposits totaling $500 or more
- Credit Inquiry: Soft Pull
- ChexSystem: Unknown
- Credit Card Funding: None
- Monthly fees: None, O2 Checking Account has no monthly fees when you opt for eStatements only (no paper statements).
- Early Account Termination Fee: $25 if closed within 90 days
- Household limit: One
(Offer expires December 31, 2022)
| For more advanced features in a checking account, compare this offer to Citigold® Checking Account (Up to $2000 Cash Bonus), U.S. Bank Platinum Checking ($400 Bonus), Huntington Platinum Perks CheckingSM ($300 Bonus), BMO Harris PremierTM Account ($500 Bonus), Fifth Third Preferred Checking ($375 Bonus), and TD Bank Beyond Checking ($300 Bonus). |
How To Earn Bonus
- Earn $50 when you – Open a new checking account online with promo code EM2 (or open in-branch and mention this ad), get a debit card, and enroll in eStatements.
- Get $100 when you meet the previous requirement and – Complete 2 or more direct deposits totaling $500 or more
- Finally, get another $50 when you meet the requirements for the first $50 bonus, and – Open a Money Builder Savings account
- $50 minimum deposit required to open all personal checking accounts
- Cash bonus may be subject to 1099 reporting.
- Offer may be withdrawn at any time without notice.
- Only one cash bonus offer per household.
- $3.95 monthly paper statement fee if not enrolled in eStatements.
- Paper statement fee waived if the primary account holder is age 65 or older.
How to Waive Monthly Fees
- O2 Checking: No monthly fees
- Premier Plus Checking: $17.00 monthly, can be waived when you:
- Maintain an average daily balance of $5,000 during the statement cycle OR
- The primary owner on this account maintains a total average deposit balance of $20,000 or more in your combined deposit and time accounts during the statement cycle
- Are 65+ in age, this account service charge will be waived
- Convenience Plus Checking: $5.95 monthly, can be waived when you:
- Maintains an average daily balance of $1,000 during the statement cycle, OR
- The primary owner on this account maintains a total average deposit balance of $5,000 or more in your combined deposit and time accounts with us during the statement cycle
- Have a Direct Deposit to this account during the statement cycle
- Are 65+ in age, this account service charge will be waived
- Prime Time Checking: No monthly fees
- Regular Savings: $5.00 monthly can be waived when you have a minimum balance of at least $200
- O2 Money Builder Savings: $15.00 monthly can be waived when you maintain a $1,000 daily balance
- O2 Money Manager Money Market: $15.00 monthly can be waived when you maintain a $5,000 daily balance
- Start Banking: No monthly fees
- Start Building: $12.00 monthly can be waived when you maintain your core personal and business deposits are at least $25,000 or customer maintains $100,000 in CD or loan balances
Bottom Line
All in all, this promotion from Old Second Bank is pretty generous, so I recommend checking it out before it expires. Furthermore, this promotion is great because it triggers a soft pull, which means it won’t harm your credit score.
If you’re not an Illinois resident and are interested in different banking experience, you can see all nationwide bank bonuses for more suitable offers.
Old Second Bank doesn’t have great rates for CDs and Savings. You may want to check out our full list of Bank Rates and CD Rates.
Compare Old Second 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 Old Second Bank promotions, bonuses and offers.
Applied for the account and I can confirm it is a soft pull!