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[Expired] [WV, PA, OH, IN, KY, In Branch Only] WesBanco $250 Checking Promotion

WesBanco is offering a bonus of $250, bonus is broken down as follows:

Deal has now ended, view more bank account bonuses by clicking here

Update 1/11/2020: Bonus is back and valid until February 9th, 2020. Hat tip to reader jmb

Offer at a glance

  • Maximum bonus amount: $250
  • Availability: WV, PA, OH, IN, KY Only. Must open in branch Can open online[Branch locator]
  • Direct deposit required: Two direct deposits totaling $2,500+
  • Additional requirements: See below
  • Hard/soft pull: Soft
  • ChexSystems: Unknown
  • Credit card funding: Unsure
  • Monthly fees: $4, waivable
  • Early account termination fee: Unknown
  • Household limit: None listed
  • Expiration date: September 1st, 2019 February 9th, 2020

The Offer

Direct link to offer

  • WesBanco is offering a bonus of $250, bonus is broken down as follows:
    • $150 when you receive at least two direct deposits totaling $2,500
    • $100 for enrolling in mobile banking, activating a new debit card and making 20 debit card purchases

 

The Fine Print

  • Customers with a current checking account, or who transfer funds from an existing WesBanco deposit account, are not eligible for the bonuses. An initial deposit of $1 is required to open an A+ Student Checking account and receive a bonus; all other consumer checking accounts require a $50 initial deposit to open and receive a bonus.
  • All qualifying activity must occur and post to the account within 90 days of the date of account opening.
  • Please allow up to seven business days after 90-day period for bonus credit.
  • Customers that have received a new account opening or debit card usage bonus on any previous WesBanco checking account are not eligible for the debit card portion of this offer.
  • Customers that have received a direct deposit bonus on any previous WesBanco checking account are not eligible for the direct deposit portion of this offer.
  • No bonus will be paid if the account is in overdraft at the time the bonus is to be credited.
  • Businesses and employees are not eligible for bonuses.
  • Program subject to change without notice.
  • Offer effective from June 10, 2019 through September 1, 2019.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Their basic checking account has a $4 monthly service charge, this is waived if you receive eStatements or maintain a monthly balance of $500.

Early Account Termination Fee

I couldn’t find their fee schedule, so I’m unsure if they charge an early account termination fee or not.

Our Verdict

Previously best bonus was $200. This is a slightly bigger bonus with slightly bigger direct deposit requirements. Doubt we see a bigger bonus from them in the near future, so if interested I’d sign up now. Because of that I will be adding this to our list of the best checking account bonuses.

Hat tip to reader Kyle

Useful posts regarding bank bonuses:

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