Town Bank Bonuses: $200, $300, $500 Checking, Savings Promotions (IL, WI)

Take advantage of the latest Town Bank bonuses, promotions and offers here.

Currently, you can take advantage of a $200, $300, $500 bonuses.

Update 2/7/24: The $200, $300, $500 Checking and Savings bonuses all have new expiration date of 7/31/25.

Town Bank Bonuses Review

Town Bank provides Wisconsin with the resources of a big bank while maintaining the personalized service of a true local community bank.

I’ll review the current Town Bank bonuses below.

Town Bank $500 Checking & Savings Bonus

Earn a $500 bonus from Town Bank when you open a new checking and savings account.

• What you’ll get: $500 Bonus
• Eligible account: Total Access Checking & Statement Savings
• Where it’s available: IL, WI (Branch Locator)
• Credit Inquiry: Soft Pull
• Direct Deposit Required: Yes
• Monthly Fee: None
• How to earn it:
  • Get $300 with Total Access Checking
    • $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
  • Get $200 with Statement Savings
    • deposit $15,000 of new money
    • Maintain a minimum 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

(Offer 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.

Town Bank $300 Checking Bonus 

Earn a $300 bonus from Town Bank when you open a new Total Access Checking Account.

• What you’ll get: $300 Bonus
• Eligible account: Total Access Checking
• Where it’s available: IL, WI
• Credit Inquiry: Soft Pull
• Direct Deposit Required: Yes
• Monthly Fee: None
• How to earn it:
  • 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.
  • Enroll in online banking and activate e-statements within the Qualification Period.

(Offer expires 07/31/2025)

Fine Print

• Total Access Checking Bonus Information. Offer valid for accounts opened 2/1/24 – 7/31/25. Offer not available to existing or closed checking 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. Offer combinable with any WTFC savings 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. Your account opening date is the business day that we open your account. If your account is opened on a non-business day (weekends and federal holidays), your account opening date is the next business day. 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.

Town Bank $200 Student Checking Bonus (Marquette University) (Expired)

Earn a $200 bonus from Town Bank when you open a new Marquette Premier Checking Account.

• What you’ll get: $200 Bonus
• Eligible account: Marquette Premier Checking account
• Where it’s available: IL, WI
• Credit Inquiry: Soft Pull
• Direct Deposit Required: Yes
• Monthly Fee: $25; waivable
• How to earn it:
  • Open a new Marquette Premier Checking account.
  • Tell them you are aware of this Marquette Premier Checking account bonus offer at account opening.
  • Have at least monthly occurring direct deposits 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.

(Offer expires 01/31/2024)

Fine Print

• This Marquette Premier Checking bonus offer is not available to existing or closed checking account customers of 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 Marquette Premier Checking bonus offer, you are ineligible to receive this Marquette Premier Checking bonus offer from any other WTFC location.
• If you qualify for any other WTFC savings offer it may be combined with this Marquette Premier Checking 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.

Town Bank $300 Business Checking Bonus (Expired)

Earn a $300 bonus from Town Bank when you open a new Entrepreneur Checking Account.

• What you’ll get: $300 Bonus
• Eligible account: Entrepreneur Checking
• Where it’s available: IL, WI
• Credit Inquiry: Soft Pull
• Direct Deposit Required: No
• Monthly Fee: $15-$25
• How to earn it:
  • Open a new Entrepreneur Checking account from January 1, 2021 through December 31, 2021.
  • Tell them you are aware of this Entrepreneur Checking account bonus offer at account opening.
  • Maintain a minimum balance of at least $1,500.00 on each day of the last business day of the 2 consecutive calendar months after the calendar month your new account was opened.
  • Complete 5 qualifying transactions, defined as ACH debit, ACH credit, wire transfer and debit card transactions, within the Qualification Period.
  • Enroll in online banking and activate e-statements within the Qualification Period.

(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.

How to Waive 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
• Depaul Checking: No monthly fees for this account
• Northwestern Wildcats Checking: No monthly fees for this account
• Chicago Sky Checking: No monthly fees for this account
• Money Smart Checking: No monthly fees for this account
• Chicago Red Stars 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

If you live near an Town Bank location, you have the chance to earn $300 in checking bonus. Additionally, you will be able to take advantage of a vast array of account features to better your banking experience.

While these bank promotions are rather attractive, you can also take advantage of our list of Savings, Money Market, and CD rates.

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

However, if you do not live in Wisconsin, definitely take a look at 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 Town Bank, their accounts they offer, or any experiences you have had!

Check back often for more Town Bank Bonuses, Promotions, or Offers!