Earn $500 when you open and use a select, new Total Access Checking with Schaumburg Bank & Trust.
To qualify for the $300 bonus
- Enroll in online banking
- Activate e-statements through the bank website
- Have at least monthly occurring direct deposits totalling $500 or more each month for the qualification period
To get the $200 bonus,
- Deposits $15,000 of new money
- Maintain a minimum balance of at least $15,000 on the last business day of each of the 3 consecutive calendar months following the calendar month your new account is opened.
Schaumburg Bank & Trust $500 Checking Bonus
- Account Type: Total Access Checking
- Availability: IL
- Credit Inquiry: Unknown
- Credit Card Funding: None
- Opening Deposit: $100
- Direct Deposit Requirement: Yes
- Monthly Fee: None
- Household Limit: 1
- Closing Account Fee: Unknown
(Offer expires December 31, 2021)
Fine Print
- The bonus offer is valid for new accounts opened January 1, 2021 through December 31, 2021.
- This bonus offer is not available to existing or closed checking account customers of Wintrust Financial Corporation (‘WTFC’) and its subsidiaries or its active employees.
- Limit 1 bonus payment per customer, regardless of the number of accounts opened.
- Your new account must be open, in the same product, and have a balance greater than zero to receive the bonus payment.
- Balance is determined as of the end of each Business Day as the funds currently in your account including deposits and withdrawals made in the Business Day.
- The $500.00 bonus payment is subject to IRS 1099-INT reporting and may be considered income for tax purposes for the tax year in which the bonus was paid.
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Bottom Line
Make sure you check out Schaumburg Bank & Trust to earn a $500 bonus promotion. Don’t forget, the $500 bonus will be reported on IRS Form 1099-INT. U.S. Citizenship is required for online applications. Resident alien and non-resident aliens now allowed online.
We value your feedback and will continue to keep you posted on the latest bank offers nationwide. If you would like to see more, see our list of the latest Schaumburg Bank & Trust Promotions or check out our full list of bank promotions.
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