Bank of Colorado – $500 – CO, In Branch

Update 6/14/26: $500 bonus available, seems to be in branch only. Hat tip to reader snailrock

Offer at a glance

• Maximum bonus amount: $300
• Availability: AZ, CO
• Direct deposit required: Yes, no minimum mentioned
• Additional requirements: Yes, see below
• Hard/soft pull: Soft
• ChexSystems: Unknown
• Credit card funding: Up to $1,000
• Monthly fees: $4, not avoidable
• Early account termination fee: 90 days otherwise bonus is forfeited, according to this comment there is also an early account termination fee of $75.
• Household limit: None listed
• Expiration date: January 31, 2026

The Offer

Direct link to offer Colorado | Arizona

• Bank of Colorado/Pinnacle Bank Arizona is offering a $500 bonus when you open a new diamond secure checking account and complete the following requirements:
  • Mention “150th” when opening your account
  • Receive $5,000 in cumulative direct deposits within 90 days.

The Fine Print

• Offer for new bank customers only.
• All checking accounts have a $100 minimum opening deposit.
• All accounts include free eStatements, additional fee applies for paper statements.
• This account has a $5 service charge per statement cycle.
• $300 bonus will be deposited 90 days after account opening once at least one deposit has been made through direct deposit.
• Offer valid at all Bank of Colorado and Pinnacle Bank Arizona locations through January 31, 2026.
• 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 a $4 fee that you cannot avoid, you’ll be charged an additional $5 per month if you choose to receive a paper statement as well. 

Early Account Termination Fee

You must keep the account open for a minimum of 90 days otherwise you will forfeit the bonus. There is also an early account termination fee of $75.

Our Verdict

Better than the $200 bonus that was previously offered. Share your experiences in the comments below. 

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