Origin Bank Checking Promotion: $500 Bonus + 2.27% APY 25-Month CD (TX, MS)

Origin Bank is offering residents of Texas and Mississippi a $500 bonus when you open a Checking Account and CD and meet the requirements listed below.

To get started, all you have to do open a new checking account. Once you have completed that, you must set up to receive direct deposit and maintain an average account balance of $5,000 for 90 days. Lastly, you must open a 25-Month CD Term with 2.27% APY with a minimum opening deposit of $10,000. You will receive the bonus within 30 days after completing the requirements.

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 Irene for letting us know about this bank promotion. If you’d like to participate in our Rewards Program, simply contact us when you find a new bank promotion and get paid up to $15!

Western Alliance Bank High-Yield Savings Premier: Available nationwide, the Western Alliance Bank High-Yield Savings Premier account offers 4.25% APY. FDIC insured. Open your account online in five minutes or less. No account activity or maintenance fees. Learn More---Review

Origin Bank $500 Bonus Info

• Direct Link to Offer
• Origin Bank Promotion PDF Printout
• Account Type: Checking Account, 25-Month CD with 2.27% APY
  
• Availability: TX, MS (Bank Locator)
• Expiration Date: None listed
  
• Credit Inquiry: Soft Pull
• ChexSystems: Unknown, Let us know
• Opening Deposit: Varies by account
  
  • Checking: No minimum to open
  • 25-Month CD: $10,000
• Credit Card Funding: Unknown, Let us know
• Direct Deposit Requirement: Yes, within 90 days
• Monthly Fee: Varies by account
• Additional Requirements: See below
• Household Limit: None listed
• Closing Account Fee: Loss of bonus, if closed within 90 days of account opening
  

What Triggers Direct Deposit? Alternative Methods

Many bank bonuses require you to make real direct deposit from your job to receive the sign up bonus. However, switching to your real paycheck can be frustrating and time consuming. You can find alternative methods below which many readers have reported to trigger direct deposit to receive the sign up bonus.

Simply set up ACH transfers from these institutions to trigger direct deposit. Again, Your Mileage May Vary(YMMV). Please help us with your experience if you find a different method or to confirm a current method for direct deposit in the comments section below.

How To Earn Origin Bank $500 Bonus

1. Open a new Origin Bank online checking, which is subject to approval
2. Complete the following within 90 days
   1. Set up to receive direct deposit
   2. Maintain an average account balance of $5,000
3. Open a 25-Month CD with 2.27% APY with a minimum opening deposit of $10,000

How to Avoid Monthly Fees

• Performance Checking: $14, can be waived with balance of $4,000
• BaZing Checking: $5, can be decreased when you complete debit card transactions and enroll in eStatements
• Connect Checking: $20.59, can be waived with balance of $5,000
• Interest Checking: $9, can be waived with balance of $1,500
• Simple Checking: $8, can be waived with balance of $500

Bottom Line

Make sure you check out Origin Bank to learn more about the $500 bonus promotion. Don’t forget, the $500 bonus will be reported on IRS Form 1099-INT. You will also get a great rate of 2.27% APY on a 25-Month CD Term!

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 Promotions for all your banking needs.