If you’re a current residents of Kentucky, Magnolia Bank is offering a $50 Bonus when you refer a friend or family member for a new Personal Checking Account by December 31, 2019.
To fully qualify, have them open a new checking account and complete the Direct Deposit Form and Automatic Withdrawal Form to redirect any automatic payments they may currently have established. Then, they must close their old account. Once all the requirements are met, both of you will be able to earn the bonus as well as having instant access to a range of account features to better your banking experiences.
If you are interested, be sure to apply soon. In addition, you can also check out other great promotions from banks such as HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Compass Bank or CIT Bank.
Editor’s Note: If you are new to Magnolia Bank and are not eligible for this promotion, check out our Magnolia Bank Checking Bonus Review for more information on how you can earn a bonus.
Fifth Third Bank Checking: Get $200 when you open an eligible Fifth Third checking account and make qualifying direct deposits totaling $500 or more within 90 days of account opening. Apply Now---Fifth Third Bank Checking Review |
|
Chase College CheckingSM: Get $100 as a new Chase checking customer when you open a Chase College CheckingSM account and complete 10 qualifying transactions within 60 days of account opening. Get Coupon---Chase College Checking Review |
|
Chase Secure BankingSM: Earn a $100 bonus when you open a new Chase Secure BankingSM account online or enter your email address to get your coupon and bring it to a Chase branch to open an account. Make sure to complete 10 qualifying transactions within 60 days of coupon enrollment. Apply Now---Chase Secure Banking Review | |
Chase Private Client: Enjoy up to $3,000 bonus when you open a new Chase Private Client Checking account with qualifying activities. Get more from a personalized relationship when you open a new Chase Private Client Checking account with qualifying activities. Learn More---Chase Private Client Review |
Magnolia Bank Account Summary
- Direct Link to Offer
- Account Type: Personal Checking
- Referrer Bonus(You): $50
- Referral Recipient Bonus(Your friend): $50
- Availability: KY (Branch Locator)
- Expiration Date: 12/31/2019
- Soft/Hard Pull: Soft Pull or Hard Pull? Let us know.
- Opening Deposit: $50
- Credit Card Funding: Unknown. Let us know.
- Direct Deposit Requirement: None
- Additional Requirements: New member must open up a checking account.
- Monthly Fee: None
- Early Termination Fee: None specified
Magnolia Bank Requirements
Referring:
- Download and print out the Refer-a-friend flyer and give it to your friends and family who do not have a checking account with Magnolia Bank by December 31, 2019
- Tell your friend/family to bring the form to the nearest Magnolia Bank to open their new checking account
- When they open a new checking account, you’ll receive $50 into your account!
Referred:
- Earn a $50 award when you open a Personal Checking Account with Direct Deposit.
- Minimum opening deposit for a Personal Checking account is $50.
Magnolia Bank Fine Print
- A “friend” is defined as an individual(s) who is not currently an owner of a Magnolia Bank checking account.
- Reward will be paid after the referred friend’s personal checking account is opened with a new money deposit (cannot be transferred from another of your Magnolia Bank accounts).
- The reward will be directly deposited into referring customer’s current Magnolia Bank account within ten (10) days of referred friend’s account being opened.
- Referring customer’s account must be open and not overdrawn at the time the reward is to be paid.
- Only one $50 Refer-a-Friend reward will be paid per new personal checking account opened.
- Limited to three (3) Refer-a-Friend referrals per referring customer.
- Fiduciary accounts are not eligible. Not valid with any other offers.
- Magnolia Bank employees are not eligible.
- Flyer must be presented by referred friend at account opening.
Refer Our Readers
For those that live near a Magnolia Bank, feel free to leave a comment to reach out to readers for a referral. If you are a current member of Magnolia Bank, don’t hesitate to leave a comment with your contact information so that my readers can reach out to you and y’all both can benefit! Also, don’t forget to let us know if you can fund your account with a credit and whether it’s hard pull or soft pull!
Conclusion
Sign up with Magnolia Bank if you are interested in a helping out a friend as well as having access to a generous $50 bonus. This is a pretty simple checking bonus. Just by opening a checking account and referring people, you could get additional $50(s) for up to $150 into your account! With exceptional service, comes rewards promotions and Magnolia Bank wants to show their utmost appreciation in your business with them and what better way than introducing a accumulative bonus offer!
This bonus is simple to earn. If you want to check out other banks, head over to our complete list of Bank Referrals for all your banking necessities!