You can find the latest Schaumburg Bank & Trust bonuses, promotions, and offers here.
They are currently offering a generous $300 or $500 bonus when you open a checking account and complete the qualifying activities.
Schaumburg Bank & Trust Bonuses Review
Schaumburg Bank & Trust Company is headquartered in Schaumburg, Illinois and they were established 2001. Since then they have grown to 8 locations and they boast an A health rating.
I’ll go over the Schaumburg Bank & Trusts Bonuses below.
Schaumburg Bank & Trust $500 Checking & Savings Bonus
You can receive a $500 bonus when you open a new checking & savings account and meet certain requirements.
- What you’ll get: $500 Bonus
- Eligible account: Checking & Savings Account
- Where it’s available: IL (Bank Locator)
- Credit Inquiry: Soft Pull or Hard Pull? Let us know.
- Direct Deposit Required: Yes
- Monthly Fee: None
- How to earn it:
- Total Access $300:
- Open a new Total Access Checking account
- Tell them 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.
- Statement Savings $200:
- Open a new Statement Savings account
- Tell them 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.
- Total Access $300:
(Expires 01/29/2025)
U.S. Bank Smartly® Checking ($400 Cash Bonus) | Truist Checking ($400 bonus) |
Chase Total Checking ($300 Bonus) | KeyBank Checking ($200 bonus) |
Bank of America Checking ($200 Bonus Offer) | Fifth Third Bank Checking ($325 Bonus) |
Axos Bank Rewards Checking ($300 Bonus) |
Fine Print
- General Bonus Information. Offers valid for accounts opened 2/1/24 — 1/29/25. Offers not available to existing or closed checking/savings account customers of Wintrust Financial Corporation (‘WTFC’) & its subsidiaries or employees. Limit 1 bonus payment per customer, regardless of number of accounts opened; may only be received from 1 WTFC location. Total Access Checking offer combinable with any WTFC savings offer; Statement Savings offer combinable with any WTFC checking offer. Bonus payment subject to IRS 1099-INT reporting & may be considered income for tax purposes.
- 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.
Schaumburg Bank & Trust $300 Checking Bonus
You can receive a $300 bonus when you open a new checking account and meet certain requirements.
- Direct Links:
- What you’ll get: $300 Bonus
- Eligible account: Checking Account
- Where it’s available: IL
- Credit Inquiry: Soft Pull or Hard Pull? Let us know.
- Direct Deposit Required: Yes
- Monthly Fee: None
- How to earn it:
- Open a new Total Access/Cubs/White Sox Checking account
- Tell us you are aware of this Total Access/Cubs/White Sox 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 (‘Qualification Period’).
- Enroll in online banking and activate e-statements within the Qualification Period.
(Expires 01/29/2025)
Chase Private Client ($3,000 Bonus) | U.S. Bank Smartly® Checking ($400 Cash Bonus) |
KeyBank Checking ($200 bonus) | Fifth Third Preferred Checking ($325 Bonus) |
Fine Print
- 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.
- If you qualify for this checking bonus offer, you are ineligible to receive this bonus offer from any other WTFC location.
- If you qualify for any other WTFC savings offer it may be combined with this bonus offer.
- Your new account must be open, in the same product, and have a balance greater than zero to receive the bonus payment.
- 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.
Schaumburg Bank & Trust $300 Business Checking Bonus (Expired)
When you open a checking account and meet the requirements, you can receive a $300 bonus.
- What you’ll get: $300 Bonus
- Eligible account: Entrepreneur Checking Account
- Where it’s available: IL
- Credit Inquiry: Soft Pull or Hard Pull? Let us know.
- Direct Deposit Required: No
- Monthly Fee: $15-$25
- How to earn it:
- Receive a sign up bonus of $300 when you open a new Entrepreneur checking account and complete the following requirements:
- Deposit and maintain $1,500 or more in new money
- Complete 5 qualifying transactions
- Enroll in online banking and activate eStatements
- Receive a sign up bonus of $300 when you open a new Entrepreneur checking account and complete the following requirements:
(Expired)
Chase Business Checking ($400 Bonus) | U.S. Bank Business Checking ($350 or $800 Bonus) |
Axos Bank Basic Business Checking ($400 Bonus) | Axos Bank Business Interest Checking ($400 Bonus) |
Huntington Unlimited Plus Business Checking ($1,000 Bonus) | Huntington Unlimited Business Checking ($400 Bonus) |
Huntington Business Checking 100 ($200 Bonus) | Bank of America Business Checking ($200 bonus offer) |
Fine Print
- This Entrepreneur 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 Entrepreneur Checking account bonus offer, you are ineligible to receive this Entrepreneur Checking account bonus offer from any other WTFC location.
- If you qualify for any other WTFC savings offer it may be combined with this Entrepreneur 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.
- If you are a sole proprietorship or a single member LLC, 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.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them.
How To Waive Monthly Fees
- Total Access Checking: None
- Access Plus Checking: No monthly fees with set balance minimums
- Premier Checking: No monthly fees with set balance minimums
- Cubs Checking: None
- White Sox Checking: None
- Student Checking: None
- Platinum Preferred Checking: No monthly fees with set balance minimums
- DePaul Checking: None
- Northwestern Wildcats Checking: None
- Chicago Sky Checking: None
- Money Smart Checking: None
- Chicago Red Stars Checking: None
- Statement Savings: No monthly fees with $200 daily minimum balance
- Money Market: No monthly fees with set balance minimums
- Junior Savers Statement Savings: No monthly fees while under age 22
- MaxSafe Money Market: None
- Entrepreneur Checking: More than 75 transactions, require a $1,500 minimum average collected balance to avoid a $15 monthly fee
- Business Community Checking: Minimum average collected balance of $5,000, otherwise $15 monthly fee
- Have It All Business Checking: Minimum average collected balance of $20,000, otherwise $25 monthly fee
Conclusion
Take a look at the new promotion from Schaumburg Bank & Trust today. We would only recommend this promotion if the account triggers a soft pull.
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.
Feel free to comment on this post with any questions you may have about Schaumburg Bank & Trust, their accounts they offer, or coupon codes.
Check back often for more Schaumburg Bank & Trust Bonuses, Promotions, or Offers!