St. Charles Bank & Trust Bonuses: $200, $300, $500 Checking, Savings Promotions (IL)

Take a look at the most recent St. Charles Bank & Trust bonuses, promotions, and offers here.

Currently, they are offering a $200, $300 or $500 bonuses when you open a new qualifying account(s) with certain qualifications.

Update 2/5/25: The $500 checking & savings offer has been extended through 7/31/25.

St. Charles Bank & Trust Bonuses Review

St. Charles Bank & Trust works hard to be an asset to the people and communities they serve: to get to know you and your needs in order to offer the best banking products and even better service. As a Wintrust Community Bank, they’re proud to invest in and give back to their local area.

I’ll go over the St. Charles Bank & Trust offers below.

St. Charles Bank & Trust $500 Checking & Savings Bonus

You can receive a $500 bonus when you open a new checking & savings account.

• 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:
  • $300 bonus: Open a Total Access Checking Account
    • $100 required to open
    • Enroll in online banking
    • Activate e-statements through the bank website
    • Have at least monthly occurring direct deposits totaling $500 or more each month for the qualification period
  • $200 bonus: Open a Statement Savings Account
    • No required minimum to open
    • Deposit $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

(Expires 07/31/2025)

Fine Print

• General Bonus Information. Offers valid for accounts opened 2/1/24 — 7/31/25. 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 Qualifications. (i) Open new Total Access Checking account; (ii) mention offer during in-branch account opening, visit URL provided, or enter Echecking300 when applying online; (iii) have direct deposits totaling at least $500 per month made to the new account for 2 consecutive calendar months after the calendar month the new account was opened (‘Qualification Period’); & (iv) enroll in online banking & e-statements within the Qualification Period. Direct deposit is a payment made by a government agency, employer, or other third-party organization via electronic deposit, but does not include teller/ATM/mobile or remote deposits, wire transfers, digital banking/telephone transfers between accounts at WTFC, external transfers from accounts at other financial institutions, peer-to-peer network payments like Zelle® or Venmo, or debit card transfers & deposits. New account must be open & have a balance greater than $0 to receive bonus payment. Balance determined as of end of each business day as funds currently in the account including deposits & withdrawals made in the business day. For eligible customers, bonus is deposited into the new account within 30 calendar days after the Qualification Period. A listing of WTFC locations can be found here: wintrust.com/locations.
• Statement Savings Bonus Qualifications. (i) Open new Statement Savings account; (ii) mention offer during in-branch account opening, visit URL provided, or enter Esavings200 when applying online; (iii) deposit $15,000 or more of new money (defined as money not currently held at any WTFC location); & (iv) maintain minimum balance of at least $15,000 on the last business day of each of the 3 consecutive calendar months following the calendar month the new account is opened (‘Qualification Period’). New account must be open & have a balance greater than $0 to receive bonus payment. Balance determined as of end of each business day as funds currently in the account including deposits & withdrawals made in the business day. For eligible customers, bonus is deposited into the new account within 30 calendar days after the Qualification Period. A listing of WTFC locations can be found here: wintrust.com/locations.

St. Charles Bank & Trust $300 Business Checking Bonus (Expired)

You can receive a $300 bonus when you open a new business checking account.

• 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: $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

(Expired)

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: $10 monthly fee. Must have $1,000 minimum daily balance or $2,500 average daily balance for the statement cycle.
• Premier Checking: $25 monthly fee. Must have $10,000 average daily balance or $75,000 combined average relationship balance for the statement cycle.
• Cubs Checking: None
• White Sox Checking: None
• Student Checking: None
• Platinum Preferred Checking: $10 monthly fee. Must have $1,000 minimum daily balance
• DePaul Checking: None
• NorthWestern Wildcat Checking: None
• Chicago Sky Checking: None
• Money Smart Checking: None
• Chicago Red Stars Checking: None
• Statement Savings: $5 monthly fee. Must have $200 minimum daily balance
• Money Market: $15 monthly fee. Must have $2,500 minimum daily balance OR $5,000 average daily balance for the monthly cycle
• Junior Savers Statement Savings: $5 monthly fee. No minimum balance required after account opening until the age of 22
• MaxSafe Money Market: None
• Entrepreneur Checking: $15 monthly fee. Must have more than 75 transactions, require a $1,500 minimum average collected balance.
• Business Community Checking: $15 monthly fee. Maintain minimum average collected balance of $5,000
• Have-It-All Business Checking: $25 monthly fee. Maintain minimum average collected balance of $20,000

Conclusion

If you are able to meet all the qualifying steps, be sure to take advantage of this promotion while it lasts to earn a generous bonus. However, there is a rather hefty monthly fee so make sure you complete the qualifying actions to avoid it.

I would check out a list of our Savings, Money Market, and CD Rates to find other generous promotions you can utilize.

• Best Savings/Money Market rates
• Best CD Account rates

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 St. Charles Bank & Trust, their accounts they offer, or coupon codes.

Check back often for more St. Charles Bank & Trust Bonuses, Promotions, or Offers!