Bankers Trust Offer

Bonus Details

$400 bonus

How To Qualify

Open BreakFree Checking Plus or Direct Checking Plus in a branch with $25. Within 60 days, have two ACH and/or mobile deposits of at least $200 each post and settle, and complete 25 qualifying debits (ACH, bank bill payments, checks or debit-card purchases; not ATM withdrawals). Keep the account open with a positive balance until payout.

APY Details

Balances of $5,000 or more earn 0.55% APY. These rates apply to BreakFree Checking Plus. Rates are variable.

APY Requirements

Keep your BreakFree Checking Plus balance below $5,000 to earn the listed APY.

The Fine Print

Monthly Fees: $11
Credit Inquiry: Unknown, Let us know
Household Limit: One
Account Type: Personal Bank Account
Expiration Date: 12/31/2026
Additional Requirements: Not available to current Bankers Trust checking customers or anyone who had a checking account there within six months of opening. Limit one bonus per household. Closing within 12 months incurs a $400 early closing fee.
Availability: Arizona, Iowa

Monthly Fee Details

Direct Checking Plus: $10.99 per statement cycle, waived with $500 in ACH/mobile deposits or primary owner age 55+. BreakFree Checking Plus: $15 monthly, waived with 12 posted and settled debit-card purchases per statement cycle. Applicable sales tax is extra.

Early Account Closure Fee

$250 will be charged if your Bonus Account is closed within 12 months of opening.

Official offer terms

Source wording for the promotion. View official source Recorded Invalid Date.

*To be eligible for the bonus you must open a Primary Checking Account, either a BreakFree Checking Plus or Direct Checking Plus account (“Bonus Account”) in person at a branch with a minimum opening deposit of $25. To qualify for the bonus, customers must complete the requirements below through the Bonus Account within 60 days from the date of its opening. Bonus will only be credited if the account is currently in an open status with a positive balance. 25 debit transactions. A “debit transaction” for the purpose of this section means a debit to your Bonus Account that originated from an ACH, Bankers Trust bill payment, drafting checks, or use of your debit card as a method of payment or purchase. Qualifying debit card transactions must post and settle during the 60 days from account opening. A “debit transaction” does not include debits to your Bonus Account that originated from ATM withdrawals or other debits to your Bonus Account; and, 2 direct (ACH) and/or Mobile deposits of at least $200 each must post and settle during the 60 days from account opening. A “deposit” for the purposes of this section does not include ATM deposit, deposits made in person, account-to-account transfers, or other deposits to your Bonus Account. Eligibility will be verified 60 days after the Bonus Account’s opening. Should you have met all eligibility requirements and are not subject to the limitations and exclusions contained herein, the bonus will be credited to the Bonus Account within 75 days of its opening. Limit one bonus per household. Offer not available to existing Bankers Trust checking customers or those that have had a checking account with Bankers Trust within six months of Bonus Account opening. Employees of Bankers Trust and/or its affiliates are not eligible for bonus. Open a primary checking account by December 31, 2026. Early closing fee of $400 will be charged if your Bonus Account is closed within 12 months of opening. Annual Percentage Yield (APY) on Break Free Checking Plus is 0.60% for balances less than $5,000.00 and 0.55% for balances $5,000.00 and over, effective October 17th, 2026, and subject to change without notice. Fees may reduce earnings. Rate may change after the account is opened.