[WI & MN only] TruStone Financial $500 Checking Bonus

Update 1/10/26: Bonus good through 12/31/26 and now up to $500. Hat tip to reader Bockrr

Update 6/28/25: Deal is back until 12/31/25. Hat tip to reader snailrock

Update 6/7/24: Deal is back until 12/31/24.

Update 11/4/23: Extended until 12/31

Update 7/16/23: Extended until 9/30/23.

Update 11/19/22: Extended until December 31, 2022.

Offer at a glance

• Maximum bonus amount: Up to $350
• Availability: WI & MN
• Direct deposit required: Up to $5,000 within 45 days of account opening 
• Additional requirements: See below
• Hard/soft pull: Soft
• ChexSystems: Unknown, sensitive
• Credit card funding: Up to $2,000, Visa or Mastercard only
• Monthly fees: None
• Early account termination fee: $20, 6 months
• Household limit: None
• Expiration date: 8/31/22

The Offer

Direct link to offer

• Receive a sign up bonus of $350 when you open a new checking account with TruStone Financial and complete the following requirements within 45 days:
  • $200 cash back for direct deposit of at least $1,000; increases to $300 if direct deposit reaches $2,500; increases to $450 if direct deposit reaches $5,000; and
  • $50 cash back for enrolling in e-statements.

The Fine Print

• Member must not have had prior checking account with TruStone.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

This account has no monthly fees to worry about.

Early Account Termination Fee

A $20 fee is charged if the account is closed within 6 months of opening according to their fee schedule.

Referral

Should be able to stack with a referral for another $200. Please do not share your referrals in the comments below, they can be found and shared here. 

Our Verdict

This is a significantly better offer than before as previously it was only for $150 (although without a direct deposit requirement). Worth doing if you can easily change your payroll to trigger the direct deposit requirement and earn enough to get the full $350 bonus. Will add this to our list of the best checking account bonuses.

Hat tip to reader Ethan

Useful posts regarding bank bonuses:

• A Beginners Guide To Bank Account Bonuses
• Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
• PSA: Don’t Call The Bank
• Introduction To ChexSystems
• Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
• What Banks & Credit Unions Do/Don’t Pull ChexSystems?
• How To Use Our Direct Deposit Page For Bank Bonuses Page
• Common Bank Bonus Misconceptions + Why You Should Give Them A Go
• How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
• Affiliate Links & Bank Bonuses – We Won’t Be Using Them
• Complete List Of Ways To Close Bank Accounts At Each Bank
• Banks That Allow/Don’t Allow Out Of State Checking Applications
• Bank Bonus Posting Times