Residents of Kentucky can now enjoy a $100 bonus from Magnolia Bank when you sign up and open a new MyLife Checking account by March 30, 2019.
To qualify for the bonus, first make an opening deposit of $50 into your checking account. After that, set up a recurring Direct Deposit and enroll in Online/Mobile banking. Once you do that, the $100 bonus will be deposited within 120 days of completion. Make sure you apply before the expiration date so you don’t miss out.
If you are interested, be sure to apply as soon as you can! Additionally, 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 already a member of Magnolia Bank, check out our Magnolia Bank Referral Bonus Review to see how you can receive a bonus for referring a friend or family member!
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 |
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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 |
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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 Checking Account Summary
- Direct Link to Offer
- Account Type: Simple, Mobile, Interest, Renew Checking Account
- Maximum Bonus: $100
- Availability: KY (Bank Locator)
- Expiration Date: 03/30/2019
- Soft/Hard Pull: Soft Pull or Hard Pull? Let us know!
- Credit Card Funding: Unknown. Let us know!
- Direct Deposit Requirement: Yes
- Additional Requirements: Listed below
- Monthly Fee:
- Simple Checking: No monthly service fees
- Mobile Checking: $5 monthly fee waived with $500 balance
- Interest Checking: $10 monthly fee waived with $10,000 balance
- Renew Checking: $10 monthly fee, unavoidable
- Early Termination Fee: Forfeit bonus if you close account before it arrives
Magnolia Bank Checking Requirements
- Open a new personal checking account from Magnolia Bank with an opening deposit of $50 by March 30, 2019.
- Set up a recurring Direct Deposit within 60 days of account opening.
- Activate a Debit Card and make at least 10 point-of-sale signature purchases during the first month the account have been opening, and again during the second month of account opening
- Enroll in Online or Mobile banking
- Once you have done the requirements, the $100 bonus will be paid within 120 days of meeting the requirements.
Magnolia Bank Fine Print
- Opening deposit must be new money
- Bonus will be reported on IRS Form 1099-INT.
- Fiduciary accounts are not eligible.
- Not valid with any other offers.
- Magnolia Bank employees are not eligible.
- Flyer must be presented at account opening.
Conclusion
Are you currently on the market for a new banking experience? How would you like to earn a generous bonus just for meeting a few simple requirements? If you answered yes to the questions above, then definitely check out the current promotion Magnolia Bank is offering!
For a limited time, all you would need to meet the direct deposit requirement and you can start enjoying the bonus. Additionally, you will be able to benefit from the best customer service the bank has to offer. However, this promotion is only available for a limited time so be sure to act fast. However, if you are not interested, be sure to see our complete list of Bank Promotions for all your banking needs!