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Personal Bank Account

Old Second Bank

Bonus

$300

Monthly Fee

None

To Qualify

$500 Direct Deposit + $5,000 Balance

Availability

IL

Expires

12/31/2026

View Offer

Bonus Details

Earn $50 for checking setup, another $100 for qualifying direct deposits, and another $150 for qualifying Money Builder Savings deposits. Checking alone earns up to $150; completing all three earns $300.

How To Qualify

Open O2 Checking with $50 using code PK2 online, or mention the promotion in branch. Within 90 days, activate the primary owner's debit card, enroll in eStatements and receive at least two qualifying direct deposits totaling $500. On day 90, keep checking positive with that card active and eStatements enabled. For the savings bonus, open Money Builder Savings with at least $1,000 and deposit funds bringing its balance to at least $5,000 on day 90 after checking opens.

The Fine Print

Monthly Fees
None
Credit Inquiry
Soft Pull
Household Limit
One
Account Type
Personal Bank Account
Expiration Date
12/31/2026
ChexSystems
Unknown
Additional Requirements
Primary holders with an existing personal checking account, one open within the previous 12 months, or a personal checking bonus within the previous 24 months are ineligible. Closing accounts within 180 days after checking opens may trigger a $50 charge and forfeiture of earned bonuses.
Availability
Illinois

IL

Monthly Fee Details

O2 Checking's $3.95 monthly paper statement fee is avoided with free eStatements, which the bonus requires. The paper statement fee also does not apply to primary holders age 65 or older.

Early Account Closure Fee

$25 if closed within 90 days

Official offer terms

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

Use promo code PK2 when you open your new checking account online or visit a branch and mention this ad. *An account is not eligible to receive a cash bonus under this offer if 1) the primary account holder currently has an existing personal checking account (Basic Checking, Premier Plus Checking, Convenience Plus Checking, Employee N.O.W. and Prime Time Checking ("existing personal checking account") at Old Second National Bank, 2) has had an existing personal checking account open in the 12 months prior to the date of account opening, or 3) the primary account holder has received a personal checking account-related bonus in the twenty-four months prior to the date of account opening. The new “personal checking account” (O2 Checking, Premier Plus Checking, Convenience Plus Checking, Military Checking, Employee N.O.W. and Prime Time Checking) must be opened during the promotion period with the code, must have a positive balance ($.01 or greater), an active debit card for the primary owner, and e-statements on the 90th calendar day from the date the new personal checking account was opened in accordance with the bank’s procedures. To receive the first $50 cash bonus, 1) provide the offer code and open a new personal checking account, subject to approval, 2) the primary owner must apply for, be issued, and activate a debit card tied to the personal checking account within 90 calendar days of account opening and 3) enroll in e-Statements within 90 calendar days of account opening. To receive $100 cash bonus, 1) you must first meet the requirements of the first $50 cash bonus, 2) and two or more direct deposits totaling at least $500 must be received in the personal checking account within 90 calendar days of account opening. For purposes of this bonus offer, a direct deposit is defined as any payment made by a government agency, employer, or other third-party organization that is made via an electronic deposit. A direct deposit does not include teller, ATM, mobile, remote deposits, or transfers between accounts at Old Second National Bank. To receive the $150 cash bonus, 1) you must first meet the requirements of the first $50 cash bonus; 2) open a Money Builder Savings account, which requires a minimum opening deposit of $1,000; and 3) you have built your savings by depositing funds in the minimum amounts described as follows; if your deposited funds result in a positive balance in your account that totals an amount that is at least equal to or greater than $5,000 on the 90th calendar day from the date you opened the new personal checking account. You will receive any cash bonuses for which you qualified by the 100th calendar day following the date you opened the personal checking account. Offer expires December 31, 2026. $50 minimum deposit required to open all personal checking accounts, except Premier Plus, which requires $5,000 to open. Accounts closed within 180 calendar days of new personal checking account opening may be charged $50 and may forfeit any cash bonus earned.

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