Update 7/19/26: There is now a $275 bonus based on your average daily balance as well. Kiwi. Read comments before signing up. Hat tip to reader Kiwi
Offer at a glance
- Maximum bonus amount:
- Availability: FL & GA, select counties.
- Direct deposit required: Yes, $1,000+ required
- Additional requirements: See below
- Hard/soft pull: Soft pulln
- ChexSystems: Unknown
- Credit card funding: Yes, $500+
- Monthly fees: None
- Early account termination fee: None
- Household limit: None
- Expiration date: 12/31/2025
The Offer
- iTHINK Financial is offering a $125 bonus when you open a new checking account and complete the following requirements:
- Use promo code EARN500 when prompted or show your email at local branch
- Open a checking account to receive $50
- Sign up for direct deposit to receive $75 (minimum $1,000)
- Can also get an additional $275 bonus based on your average daily balance:
- Tier 1 90-Day (ADB) $1,500+ in total deposits = $100 bonus
- Tier 2 90-Day (ADB) $10,000+ in total deposits = $225 bonus
- Tier 3 90-Day (ADB) $20,000+ in total deposits = $275 bonus
The Fine Print
- Promotion is for new, consumer members only. One bonus per member. Membership is required and subject to eligibility and qualifications.
- $5 minimum deposit required for membership.
- Minimum credit or risk score may be required to qualify for other services.
- $50 will be deposited in the new member checking account after the account has been opened and membership/opening requirements confirmed.
- To qualify for the $75 Direct Deposit Bonus, total direct deposits must total at least $1,000 within 90 calendar days of account opening; bonus will be paid within 60 days of completing the direct deposit terms.
- Member must be at least 18 years of age.
- Not to be combined with any other offer.
- Consult your tax advisor with any questions.
- Offer subject to change without notice and valid for checking accounts opened through 12/31/2025.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
MyWallet free checking has no monthly fees to worry about.
Early Account Termination Fee
I wasn’t able to find any EATF in the fee schedule.
Our Verdict
Nice that you can get $50 of the bonus without a direct deposit just in case work arounds don’t work. As always share your experiences in the comments below.
Hat tip to reader Kiwi
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
Anyone applied recently? Are they still do open/close business?
I was using Firefox and got the same thing, it just loops you in a circle because it doesn’t provide the continue button. I tried Edge and I was able to continue. I am not joining this credit union due to all the closures.
I can’t move past the first page on the application process. I don’t see the “continue” button, after accepting the disclosure. anyone else has this issue?
What is the LOL mean and how does one freeze chex? Trying to learn some of these terms
p2 account was never closed. aug 4: opened waited to ensure account stayed open… sep 4: $50 join promo posted to savings sep 12: real dd sep 30: real dd oct 14: real dd oct 30: real dd nov 18: $75 depost promo posted to savings
I was approved and received a welcome letter in the mail. Apparently the account was closed one day after it was opened (so theoretically the same day the welcome letter went out?) due to Chex. There was no communication about this (I check everything constantly) and I only found out because I wanted to see if my real direct deposit posted. Now I’m waiting to get a paper check from HR. iThink you should skip this one.
Second update a check with the initial $500 deposit showed up today along with another Chex decline letter.
P1 and P2 accounts still look to be open. P1 received SM via email on Aug 6 that their account could not be opened due to CHEX history. Not sure If we should do any of the deposits to P2’s account.
Update both accounts closed an hour ago don’t see a refund for initial $500 CC purchase. Hopefully it goes back to the card. Strange as I even got a welcome letter in the mail. Lots of miscommunication from this one.
Did anybody actually get their account closed?
anyone get their $5 back yet? My accounts still show as open.
P1 got closure secure message P2 only got welcome secure message so far.
STAY AWAY. What a waste of time. They WILL open your account only to close it a couple days later without notice (lock you out of online banking unable to access your funds) and send you a secure email about your CHEX and DENY you even after opening it and charging (and keeping the $$$$) Now I must wait for them to send me the $$$ So, all those claiming they were LOL/24 and giddy they “got in” are now receiving their shutdowns.
P1 no mesage yet. P2 got a secure message but all it said was welcome, here are some helpful links…
They just sent me a protected email too but it said they can’t open my account? Nothing there about closing it and the account is already open that’s weird.
Same, but I still have access to my online account and both checking and savings account appear there. Will probably lose access later on.
Signed up and approved in Lake County. Eligibility I chose worship, work, or school in Orange County. No $50 in account yet. I’m waiting to see it before I go for the $75.
P1 and P2 opened in Central FL. Seeing updates about closure a day later so will see what happens…
Did everyone here have high Chex stats? Recent inquires? Really close to branch? There was a question on the app if this will be your main bank account did you all click yes? Trying to figure out if it’s just Chex.
These clowns closed mine too, now I gotta get my $500 back from them
Same here. Their app sucked anyways
Same.
Oh no man sorry to hear that that’s concerning then for the rest of us they’re scrutinizing accounts.
After being approved yesterday I received an email telling me they closed my account due to Chex.
Has anyone tried credit card funding more than $500?
Unfroze Chex after getting denied for Chex and approved in SFL with very LOL/24 maybe 40-50+? $500 in capital one charge pending it appears you could go quite high on funding did not want to try it. Mobile app is quite clunky
No, it would have to be at a Think location. Shared branches aren’t really shared – they just have access to each other’s accounts.
can I open at a grow financial location? it looks like they are sharing location? or only at the main branch?
Opened in Central FL. No issues. Chex was pulled.
Assume no cc funding?