[WI only] Waukesha State Bank $250 Checking Bonus – Direct Deposit Not Required

Update 5/17/25: Deal is back, now $250. Hat tip to fuzzy guy

Offer at a glance

• Maximum bonus amount: $100
• Availability: Must reside in Wisconsin
• Direct deposit required: No
• Additional requirements: Use promo code
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: Unknown
• Monthly fees: $12, avoidable
• Early account termination fee: Unknown
• Household limit: None listed
• Expiration date: December 31st, 2019 December 31, 2020 March 31, 2021

The Offer

Direct link to offer

• Waukesha State Bank is offering a bonus of a $150 bonus when you open a new checking account and complete the following requirements:
  • Use promo code DDA250GEO25
  • activating debit card
  • Sign up for online banking

The Fine Print

• For students under age 26. A parent or guardian is required as a joint account owner for students under the age of 16.
• Terms and fees are subject to change at any time.
• The $100 bonus is limited to one account and to one person only, is non-transferable and is for new Waukesha State Bank Student Checking accounts only.
• Customers with an existing Waukesha State Bank checking account or who have taken advantage of previous checking promotions do not qualify.
• Cannot be combined with any other offer or coupon.
• The minimum deposit to open and to obtain the bonus is $100. Offer will be reported as interest on IRS Form 1099-INT.
• Account holder is responsible for any applicable taxes.
• A $100 statement credit will be deposited into the account within 10 days of account opening on qualified accounts.
• Offer expires December 31, 2021. Promo Code: SC100ONLINE21

Avoiding Fees

Monthly Fees

They offer a free checking account, but that requires a direct deposit. Personal checking has a $12 monthly fee, but that is waived with a $250 minimum balance requirement.

Early Account Termination Fee

I wasn’t able to find the fee schedule so I’m unsure if there is an early account termination fee or not

Our Verdict

Seems like a great bonus if it’s a soft pull to open because there are no requirements and it’s easy to keep fee free.

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

Post history:

• Update 11/21/21: Deal is back, this time only for student accounts.
• Update 10/31/20: Deal is available again. Terms do state “This offer is non-transferable”. Hat tip to reader KED