[IA] Community State Bank $400 Checking Bonus

Update 7/8/25: Now a $400 checking bonus. Valid until 9/30/2025.

Offer at a glance

• Maximum bonus amount: $200 + $200
• Availability: IA only
• Direct deposit required: Reoccurring direct deposit 
• Additional requirements: See below
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: Unknown
• Monthly fees: None
• Early account termination fee: Unknown
• Household limit: None
• Expiration date: June 30, 2024

The Offer

Direct link to offer

• Community State Bank is offering a $400 checking & $200 savings bonus. Broken down as follows:
  • $200 checking bonus:
    • Deposit $100 to open your account.
    • Make 15 debit card purchases per statement cycle.
    • Enroll in eStatements to go paperless.
    • Set up direct deposit for seamless banking.
  • $200 savings bonus
    • Opening a personal money market account with a minimum deposit amount of $1,000.
    • Bring $25,000 or more in new money to your new money market account by Day 30 and maintain at least $25,000 balance through Day 90 after account opening

The Fine Print

• Edge by Community State Bank Checking Offer: $200 will be paid when the following occur: the account has been open a minimum of 90 days, a reoccurring direct deposit transaction has occurred, and the debit card has been used a minimum of 15 times.
• Requirements must be met within the 90 days. Offer is limited to one per customer and account (including signers on joint accounts).
• Offer is not available for existing Community State bank personal checking account customers (including signers on joint accounts) or those who have closed a personal checking account within the past 12 months.
• Your account must be open, in good standing and must have a balance greater than zero when the cash bonus is paid. Promotion ends 6/30/2024.
• We will deposit your bonus into your new checking account within 30 days after you have met all offer requirements.
• Cash bonus will be reported to the IRS for tax purposes and you are responsible for any applicable taxes.
• Consumer Money Market Account Offer: $200 will be paid by opening a personal money market account with a minimum deposit amount of $1,000. Bring $25,000 or more in new money to your new money market account by Day 30 and maintain at least $25,000 balance through Day 90 after account opening.
• Offer is limited to one per customer and account (including signers on joint accounts).
• Offer is not available for existing Community State Bank personal money market savings account customers (including signers on joint accounts) or those who have closed a personal money market savings within the past 12 months.
• Your account must be open, in good standing and must have a balance greater than zero when the cash bonus is paid. Promotion ends 6/30/2024.
• We will deposit your bonus into your new savings account within 30 days after you have met all offer requirements.
• Cash bonus will be reported to the IRS for tax purposes and you are responsible for any applicable taxes.
• 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

Fee schedule errors out.

Our Verdict

Looks to be worth doing if you live in an eligible area. If anybody goes for it share your experiences below.

Hat tip to Bockrr

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