Take advantage of our updates on Elgin State Bank bonuses, promotions, and offers here!
Currently, they have $300 bonus offers when you open an eligible checking account now. Read below to see how to earn this excellent bonus!
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Elgin State Bank Bonuses Review
Founded in 1991, Elgin State Bank strives to provide its consumers with the best banking products and services as possible. Plus, their idea is to give customers another option compared to big-name banks.
I’ll go over the Elgin State Bank bonuses & offers below.
Elgin State Bank $500 Checking & Savings Bonus
Open a checking & savings account and earn up to $500 bonus once you meet the eligible requirements.
- What you’ll get: $500 Bonus
- Eligible account: Total Access Checking, Statement Savings
- Where it’s available: IL (Bank Locator)
- Credit Inquiry: Soft Pull or Hard Pull?
- Direct Deposit Required: Yes
- Monthly Fee: $0
- How to earn it:
- Earn $300 bonus:
- Open a new Total Access Checking account and let them know you are aware of this Total Access Checking account bonus offer at account opening
- Have at least monthly occurring direct deposits totaling $500.00 or more each month made to your new account for 2 consecutive calendar months after the calendar month your new account was opened
- Enroll in online banking and activate e-statements within the Qualification Period
- Earn $200 bonus:
- Open a new Statement Savings account and let them know you are aware of this Statement Savings account bonus offer at account opening
- Deposit $15,000.00 or more of new money, defined as money not held at any WTFC location
- Maintain a minimum balance of at least $15,000.00 on the last business day of each of the 3 consecutive calendar months following the calendar month your new account is opened
- Earn $300 bonus:
(Expires 03/31/2023)
| Furthermore, I would compare this offer to some of the best offers available. Current bonuses such as (Citigold® Checking Account), U.S. Bank SmartlyTM Checking ($600 Cash Bonus) and TD Bank Beyond Checking ($300 Bonus). |
Fine Print
- General Bonus Information. These Total Access Checking and Statement Savings account bonus offers are valid for new accounts opened January 1, 2022 through March 31, 2023. These Total Access Checking and/or Statement Savings account bonus offers are not available to existing or closed checking and/or savings 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. If you qualify for this Total Access Checking and/or Statement Savings account bonus offer, you are ineligible to receive the same bonus offer or any other interest rate offer in the same product from any other WTFC location.
- Total Access Checking Bonus Information. If you qualify for this Total Access Checking bonus offer, you are ineligible to receive this Total Access Checking bonus offer from any other WTFC location. If you qualify for any other WTFC savings offer it may be combined with this Total Access Checking account bonus offer. 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 $300.00 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.
- Statement Savings Bonus Information. If you qualify for any other WTFC checking offer it may be combined with this Statement Savings bonus offer. 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 $200.00 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.
Elgin State Bank $300 Checking Bonus
To earn this $300 bonus open a Total Access Checking account and meet all of their requirements.
- What you’ll get: $300 Bonus
- Eligible account: Total Access Checking
- Where it’s available: IL
- Credit Inquiry: Soft Pull or Hard Pull?
- Direct Deposit Required: Yes
- Monthly Fee: $0
- How to earn it:
- Open a new Total Access Checking account and earn the bonus when you
- Enroll in online banking
- Activate e-statements through bank’s website
- Have at least monthly occurring direct deposits total $500 or more each month for the qualification period
- Open a new Total Access Checking account and earn the bonus when you
(Expires 03/31/2023)
Editor’s Note: You can find the same offer with the White Sox Checking and Cubs Checking accounts.
| Additionally, you can take advantage of some of the best offers available for entry level checking accounts such as Citi Priority Account (Up to $2000 Cash Bonus), U.S. Bank SmartlyTM Checking ($400 Cash Bonus), Chase Total Checking ($200 Bonus), and Bank of America Checking ($100 Bonus Offer), Axos Bank Rewards Checking ($100 Bonus). |
Fine Print
- This Total Access Checking account 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.
- If you qualify for this Total Access Checking account bonus offer, you are ineligible to receive this Total Access Checking account bonus offer from any other WTFC location.
How to Avoid Monthly Fees
- Total Access Checking: No monthly fees for this account
- Access Plus Checking: $10.00 monthly can be waived with $1,000 minimum daily balance or $2,500 average daily balance for the statement cycle.
- Premier Checking: $25.00 monthly can be waived with $10,000 average daily balance or $75,000 combined average relationship balance for the statement cycle.
- Cubs Checking: No monthly fees for this account
- White Sox Checking: No monthly fees for this account
- Student Checking: No monthly fees for this account
- Platinum Preferred Checking: $10.00 monthly can be waived with $1,000 minimum daily balance
- Money Smart Checking: No monthly fees for this account
- Entrepreneur Checking: $15.00 monthly when 75 transactions complete the $1,5000 minimum average collected balance
- Business Community Checking: $15.00 monthly if the $5,000 minimum average balance is not maintained
- Have-It-All Business Checking: $25.00 monthly if the $20,000 minimum average balance is not maintained
Conclusion
Overall, when you open a new eligible checking account you’ll earn this amazing bonus. Plus, there are several neat perks that come with opening an account with Elgin State Bank. However, if you don’t reside in Illinois, check out other checking promotions below.
I would check out a list of our Savings, Money Market, and CD Rates to find other generous promotions you can utilize.
If you are not eligible for these promotions, use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, and many more.
Furthermore, feel free to comment on this post with any questions you may have about Elgin State Bank, their accounts they offer, or coupon codes.
Lastly, check back often for more Elginn State Bank Bonuses, Promotions, or Offers!
