Offer at a glance
- Maximum bonus amount: $250
- Availability: IN only
- Direct deposit required: Yes, $1,500+ within 60 days
- Additional requirements: See below
- Hard/soft pull: Unknown
- ChexSystems: Yes, sensitive
- Credit card funding: Up to $2,500
- Monthly fees: None
- Early account termination fee: $15 if closed within 90 days
- Household limit: None listed
- Expiration date: December 31, 2026.
The Offer
- Springs Valley Bank & Trust is offering a $250 bonus when you complete the following requirements:
- Open a new Free eZChecking Account
- Enroll in direct deposit and receive direct deposits totaling $1,500 or more within 60 days
- Open a new Focus Savings account and maintain an average daily balance of at least $100 for 60 days
- Enroll in online banking
- Enroll in eStatements
The Fine Print
- To qualify for the bonus, a new Free eZChecking Account must be opened between May 1, 2026, and December 31, 2026, and all qualifying activities must be completed within 60 days of account opening. Qualifying activities include: (1) enrolling in Direct Deposit and receiving direct deposits totaling $1,500.00 or more; (2) opening a new Focus Savings Account and maintaining an average daily balance of at least $100.00 for 60 days; (3) enrolling in Online Banking; and (4) enrolling in eStatements.
- 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
$15 if closed within 90 days
Our Verdict
Shame that this seems to be inquiry sensitive otherwise it would be a great bonus. Please 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
Submitted an application with Chex frozen on Sunday. Today received an email “We are sorry to inform you that your application has not been approved.”
Yes, at the account funding page
Is Springs Valley saying this?
Does this application involve a hard pull? Thanks.
Anyone knows if it’s Chex sensitive?
** Credit Card funding is designated as Cash Advance; thus, Cash Advance APR will apply. Verify any applicable fees or APR with the card issuer.