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Bankers Trust: $400 bonus
BreakFree Checking Plus or Direct Checking Plus (in branch) · Checking
AI summary Open checking in a branch, make 25 debit transactions and two $200+ deposits within 60 days. A $400 fee applies if closed within a year.
$400Advertised bonus
$220Estimated net bonus
$180Account feesover 365 days
365 daysHold period
Dec 31, 2026Ends
Janet read the fine print. Fees take $180 of this one.
Heads up: fees cut this by $180
- $15/mo maintenance × 12 = $180
Instead of direct deposit: Mobile check deposits count.
Steps
- Open checking in a branch
- Make 25 debit transactions and two $200+ deposits within 60 days
- A $400 fee applies if closed within a year
All details from the bank's page
- Requirements
- Open a primary checking account (BreakFree Checking Plus or Direct Checking Plus) in person at a branch by Dec 31, 2026 with $25+. Within 60 days of opening: 25 debit transactions (debit card, ACH, bill pay or checks; not ATM) and 2 direct (ACH) and/or mobile deposits of $200+ each.
- Account fees
- Account fees: $180 over 365 days. BreakFree Checking Plus monthly maintenance fee: $15 a month × 12 = $180 ($0 in months with 12+ debit card purchases (per bank); the offer only requires 25 debit transactions in the first 60 days. Sales tax not included). Counted over 365 days (hold period, 365 days).
- Estimated net bonus
- Estimated net bonus $220 ($400 minus $180 fees)
- Hold period
- The bonus is credited within 75 days, and a $400 early closing fee applies if the account is closed within 12 months. For the estimate: 365 days ($400 early closing fee if closed within 12 months).
- Estimated effective yield
- No deposit has to stay in the account, so there is no estimated effective yield; the hold is how long the account must stay open.
- Direct deposit
- Not strictly required (2 ACH and/or mobile deposits of $200+) – alternative allowed: Mobile check deposits count
- Deposit / balance
- $25 opening deposit
- Time to complete
- 60 days (as stated)
- Payout
- Within 75 days of opening
- Keep open / early close
- A $400 early closing fee applies if the account is closed within 12 months of opening.
- Eligible states
- not stated
- Lookback rule
- Not for existing Bankers Trust checking customers or anyone who had a Bankers Trust checking account within six months of opening. One bonus per household.
- Deadline
- Dec 31, 2026
- State note
- In person at a Bankers Trust branch only; the page does not list states.
Source: www.bankerstrust.com/400-offer/ · Last verified Nov 1, 2026, 1:10 AM CT · How we estimate
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