Home Blog

[AZ, CO, FL, IL, IN, KS, MO, OK, TX] Busey Bank $200-$500 Checking Bonus


Update 5/16/26: Deal is back until June 13th, 2026. Hat tip to reader ink_me_please

Update 3/1/26: Deal is back until March 14, 2026 May 1, 2026. Hat tip to reader ChurningAndBurning

Update 4/6/25: Deal is back until 15 Apr 2025. This time requires a tax return to qualify for the direct deposit requirement unfortunately. Hat tip to reader Woody

Update 10/12/24: Deal is back and no end date listed. Hat tip to reader Yj32

Update 6/23/24: Deal is back and no end date listed. Hat tip to reader Woody

Offer at a glance

  • Maximum bonus amount: $300
  • Availability: AZ, CO, FL, IL, IN, KS, MO, OK, TX
  • Direct deposit required: Yes, $1,000+
  • Additional requirements: See below
  • Hard/soft pull: Soft pull
  • ChexSystems: Yes
  • Credit card funding: Up to $1,000, no American Express
  • Monthly fees: $5, avoidable
  • Early account termination fee: $25, 90 days
  • Household limit: None
  • Expiration date: None

The Offer

Direct link to offer

  • Busey Bank is offering a bonus of up to $500 when you open a new checking account and complete the following requirements:
    • Use  promo code “LEVELUP1” for Foundation Checking or “LEVELUP2” for Pillar Banking accounts
    • Activate and use your Busey Debit Mastercard for at least 3 transactions within the first 90 days of opening the account and
    • Enroll in Online Banking with eStatement
    • Receive a qualifying direct deposits of (within 90 days of account opening):
      • $2,000 – $2,999.99: $200 bonus
      • $3,000 – $4,999.99: $300 bonus
      • $5,000 or more: $500 bonus 

 

The Fine Print

  • Offer valid for limited time for accounts opened by March 15, 2026. Busey Bank may change or discontinue this offer at any time before this date without notice. This offer is available only by using the unique promo code “LEVELUP1” for Foundation Checking or “LEVELUP2” for Pillar Banking accounts opened online or in-person at a Busey location only and qualifying as outlined below. Only one offer per household. Must have a Tax Identification Number (TIN) or Social Security Number (SSN) at account opening to qualify for this promotion. All accounts are subject to approval.
  • You will not qualify for the tiered credit if you are an existing Busey personal checking account customer, you are a Busey Bank employee OR had a previous personal checking account that was closed within the preceding 12 months OR have received a prior personal checking account incentive at any time.
    Open a new Busey Pillar Banking or Foundation Checking account online or in-person using the promotional code to be enrolled in this offer and within ninety 90 days of account opening: 
  • Enroll in online banking
    Activate and use your Busey Debit Mastercard® for at least three (3) transactions
  • Set up and receive qualifying direct deposits as defined below into that eligible personal checking account
  • Ninety (90) days after account opening all qualifying direct deposits will be totaled to determine the bonus amount you may earn (see chart below).
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Foundation checking has no monthly fee with direct deposit or average balance of $100; otherwise, pay a $5 monthly fee.

Beginning May 1, 2024, Foundation Checking will be updated with the following:

  • No monthly maintenance fee (previously $5)
  • No minimum balance or direct deposit requirement

Early Account Termination Fee

“Accounts closed within 90 days of opening will be charged a service fee of $25.00

Our Verdict

Think this is worth doing as it’s a large bonus, we just don’t have any datapoints on what works as a direct deposit. We will add this to our list of the best bank account bonuses.

Hat tip to reader Gadget

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

Why the Smartest Leader Usually Fails


Catch the full episode:

Overview

Most companies hit a ceiling not because of strategy or market conditions, but because the leader is still trying to be the smartest person in the room. In this episode, John Jantsch sits down with Jason Wild, executive advisor and co-author of Genius at Scale, published by HBR Press, to make the case that the lone genius model of leadership is not just outdated. It is actively holding companies back.

Jason spent more than 20 years in senior roles at Microsoft, IBM, and Salesforce, leading projects across 40 countries. He watched brilliant people pour their careers into innovation efforts that succeeded at rates of five to fifteen percent, not because the ideas were bad, but because the conditions around those ideas were never built to support them. Genius at Scale is his answer to that problem.

This episode covers the shift from pathfinding to wayfinding, the three leadership roles that drive repeatable innovation, why most good ideas die in integration rather than ideation, and what small business owners can do right now to build a team that does not need them to be the source of every good idea.

About Jason Wild

Jason Wild is an executive advisor, co-founder of Wild Innovation Consulting, and co-author of Genius at Scale: How Great Leaders Drive Innovation, published by HBR Press. He spent more than two decades in senior leadership roles at IBM, Microsoft, and Salesforce and has led projects in 40 countries. Earlier in his career he had television and film credits, including a co-starring role opposite Mr. T in a CBS movie. Learn more at geniusatscale.com.

Key Takeaways

  • Stop hiring for the A player. Build the A team. The distinction sounds small but it changes everything about how you lead, hire, and structure work.
  • Innovation is a social process. You cannot mandate it. You have to create the conditions where people feel safe enough and inspired enough to want to co-create the future with you.
  • Most innovation stalls at integration, not ideation. Good ideas are not the bottleneck. Getting them through the seams between people, systems, and teams is where everything falls apart.
  • Language shapes culture more than most leaders realize. The Pfizer VP who banned the word change and replaced it with evolve saw an immediate shift in how his skeptical team responded to new initiatives.
  • The most dangerous place to make decisions is your office. Getting out and experiencing what your customers actually experience is not a nice-to-have. It is a leadership practice.
  • Celebrating individual achievement sends the wrong signal. If you want collaboration to be the norm, recognize teams, not heroes.
  • Wayfinding is replacing pathfinding. In a world changing this fast, the job of a leader is not to set a fixed destination and remove barriers. It is to figure out where you are going while you are already moving.
  • Self-awareness is an underrated leadership skill. How you make people feel when you give feedback shapes whether they will ever bring you their best thinking again.
  • Small business owners are better positioned for this than they think. Smaller teams, less bureaucracy, and closer proximity to customers are advantages in building cultures of repeatable innovation.

Timestamps

[00:02] Opening hook: the reason your company hits a ceiling might have nothing to do with strategy.

[00:53] Jason’s first career in Hollywood and co-starring with Mr. T in a CBS movie of the week.

[01:44] The core premise: why the lone genius model of leadership fails and what replaces it.

[03:33] What Jason saw at IBM that shaped his thinking about why smart people accept such low innovation success rates.

[06:37] Why small business founders are wired to be the genius in the room and why that eventually becomes the ceiling.

[07:19] The ABC framework: architect, bridger, and catalyst unpacked.

[10:07] Why the architect role is really about culture and psychological safety.

[11:03] The bridger as the unsung hero of innovation and why Death Valley is where most good ideas go to die.

[13:04] The role outside consultants and third parties play in bridging across boundaries.

[14:03] What catalysts do differently and how movements start with people and ideas, not companies.

[16:35] The Pfizer story: how banning the word change helped get a vaccine out in 266 days instead of eight to ten years.

[18:25] What we typically celebrate about leadership that the research says is actually wrong.

[20:31] How writing the book as a collaborative team proved its own thesis.

Memorable Quotes

“Stop trying to hire the A player. Focus on building the A team. It sounds subtle but it is a fundamentally different way to lead.”

“Innovation is not about coming up with the best idea. The organizations that innovate time and time again focus on the conditions and the environment around the idea.”

“Most innovation stalls not at the ideation phase but the integration phase. That is where good ideas go off to die.”

“Self-awareness is one of the most undervalued skills in leadership. How you make people feel when you give them feedback determines whether they will ever bring you their real thinking.”

“If the billionaire founder can make time to stand in line at a bank branch, everyone else can practice empathy too.”


Learn more at geniusatscale.com.

Product Management 101: Everything You Need to Know (Full Course)



📌 Welcome to the Ultimate Product Management Course! 🚀 This full-length video combines 10 essential episodes to help you master product management from beginner to expert.

Get the playbook:

📖 Course Breakdown:
– Introduction
– Product Management 101: What Does a PM Do?
– Understanding the Product Lifecycle
– Identifying Market Needs & Conducting User Research
– Defining Product Vision & Crafting a Roadmap
– Working with Cross-Functional Teams
– Creating a Minimum Viable Product (MVP)
– Agile Methodology & Product Management
– Key Metrics & KPIs for Product Success
– Gathering & Implementing User Feedback
– Go-To-Market Strategy & Product Marketing

🔥 What You’ll Learn:
✅ What a Product Manager does & key responsibilities
✅ How to conduct market research & define product vision
✅ The importance of an MVP & Agile methodology in PM
✅ Key metrics & how to measure product success
✅ How to launch, manage, and improve a product over time

🎯 Who is this course for?
✅ Beginners & aspiring PMs looking to break into product management
✅ Engineers, designers, or marketers transitioning into a PM role
✅ Current product managers looking to level up their skills

🔔 Subscribe for more product management insights & career tips!

#ProductManagement #ProductManager #PM101 #MVP #Agile #GoToMarket #UserResearch #ProductLaunch #PMSkills

source

MIT To Admit Fewer Graduate Students As Federal Research Funding Drops 20%


MIT will enroll nearly 500 fewer graduate students next year as the school grapples with steep declines in federal research funding, President Sally Kornbluth told the campus community in a May video message.

New graduate enrollment for 2026–27 is down nearly 20% compared with 2024 across departments outside the Sloan School of Management and the EECS Master of Engineering program.

By The Numbers

  • Federal research awards to MIT are down more than 20% year over year.
  • Total sponsored research at MIT (federal and non-federal combined) is 10% smaller than a year ago.
  • MIT will pay an 8% federal tax on endowment returns under the new tiered rate structure.

Why enrollment is shrinking: Two forces are squeezing the graduate pipeline. The 8% endowment tax has pressured MIT’s budget for more than a year. And federal grant flows have not rebounded even after Congress restored some funding in February.

Without reliable grant money, it’s difficult to fund the graduate students to staff the labs. Kornbluth said many faculty members are already cutting graduate students, postdocs, and specific research projects. Policy changes affecting international students and scholars are also discouraging top applicants from applying to MIT in the first place.

“Hundreds of exceptionally talented young people will not have the benefit of an MIT education — and we won’t have the benefit of their creative brilliance,” Kornbluth said.

What MIT is doing: Kornbluth outlined several offsetting moves: 176 grant proposals submitted to the Department of Energy’s new Genesis Mission, a recently launched MIT–IBM Computing Research Lab, expanded master’s-only programs, and a refreshed philanthropy push under new Resource Development leadership. Growth in non-federal research funding has not been enough to close the gap from the federal decline.

She also flagged early discussions among federal agencies about factoring geography into grant decisions rather than ranking proposals strictly on scientific merit — a shift that would disadvantage research-heavy schools concentrated in the Northeast and West Coast.

How this connects: The endowment tax was expanded under a tiered structure:

  • 1.4% for institutions with $500,000–$750,000 per student
  • 4% at $750,000–$2 million
  • 8% above $2 million per student.

MIT, Harvard, Princeton, Yale, and Stanford sit in the top bracket. The College Investor has noted the contradiction of Congress taxing those endowments while still routing Title IV federal student aid to the same schools.

Graduate funding cuts at the institutional level compound separate federal changes hitting students directly. Grad PLUS Loans are ending in 2026, and new federal borrowing caps for graduate borrowers will push more students toward private loans — or out of graduate programs entirely. 

What to watch next: MIT is one of the first top-bracket schools to publish concrete enrollment numbers tied to the endowment tax and federal grant pullback. Expect similar announcements from peer institutions in the 8% tier.

Watch for any bipartisan movement in Congress to revisit the rate — Kornbluth said MIT’s Washington Office is lobbying on both sides of the aisle to roll it back.

Also, keep an eye on the graduate school brain drain and active recruiting by other countries to attract top talent.

Don’t Miss These Other Stories:

@media (min-width: 300px){[data-css=”tve-u-19e28b15aa7″].tcb-post-list #post-76739 [data-css=”tve-u-19e28b15aad”]{background-image: url(“https://thecollegeinvestor.com/wp-content/uploads/2026/03/JP-Morgan-150×150.jpeg”) !important;}}

College Tuition Up 914% Since 1983, J.P. Morgan Reports

College Tuition Up 914% Since 1983, J.P. Morgan Reports
@media (min-width: 300px){[data-css=”tve-u-19e28b15aa7″].tcb-post-list #post-21682 [data-css=”tve-u-19e28b15aad”]{background-image: url(“https://thecollegeinvestor.com/wp-content/uploads/2023/04/TheCollegeInvestor_AllSizes_Resumes_for_College_Graduates_02_1280x720-150×150.jpg”) !important;}}

Best Graduate School Student Loans And Rates

Best Graduate School Student Loans And Rates
@media (min-width: 300px){[data-css=”tve-u-19e28b15aa7″].tcb-post-list #post-20309 [data-css=”tve-u-19e28b15aad”]{background-image: url(“https://thecollegeinvestor.com/wp-content/uploads/2020/07/TheCollegeInvestor_AllSizes_Best_Student_Loans_1280x720-150×150.jpg”) !important;}}

Best Student Loans And Current Rates In May 2026

Best Student Loans And Current Rates In May 2026

Editor: Colin Graves

The post MIT To Admit Fewer Graduate Students As Federal Research Funding Drops 20% appeared first on The College Investor.

Oil markets may face moment of truth in June. Brace for a ‘non-linear’ price spike and panic buying


Dire warnings about oil supplies are coming from everywhere lately as the Strait of Hormuz remains largely closed while President Donald Trump’s trip to China failed to produce a breakthrough to reopen the critical waterway.

While investors have been trading on hopes that the Iran ceasefire will remain intact, there is little sign that the oil trade will return to normal soon, forcing them to reckon with the reality of worsening shortages and an imminent tipping point ahead.

JPMorgan predicted that commercial oil inventories in the developed world could “approach operational stress levels” by early June. Saudi Aramco said global inventories of gasoline and jet fuel could reach “critically low levels” ahead of the summer.

The International Energy Agency warned the world is drawing down oil inventories at a record pace, with 164 million barrels released by governments and industry as of May 8.

“Rapidly shrinking buffers amid continued disruptions may herald future price spikes ahead,” IEA said in its lately monthly report.

The U.S. and Israel launched their war on Iran two and a half months ago, and analysts expected the Strait of Hormuz to reopen by the end of May or early June.

That’s looking less likely as Iran attacks ships in the Persian Gulf while the U.S. military is still enforcing a blockade on Iranian oil. Meanwhile, the Navy’s efforts to reopen the strait with warships is on hold.

An F-35B Lighting II, attached to Marine Fighter Attack Squadron (VMFA) 121, takes off from the flight deck of America-class amphibious assault ship USS Tripoli (LHA 7), May 13, 2026.

U.S. Navy

“But if the Strait remains effectively closed and commercial oil inventories in the OECD continue to be run down at the same pace as they were in April, oil stocks could reach critically low levels by the end of June,” Hamad Hussain, climate and commodities economist at Capital Economics, said in a note on Wednesday.

“That would be consistent with Brent crude prices reaching an all-time nominal peak, and could require more disorderly and economically damaging cuts to oil demand.”

He estimated oil prices could top $130-$140 a barrel next month if the strait remains closed and inventory depletion rates remain steady.

On Friday, Brent crude futures gained more than 3% to close at $109.26 a barrel as China offered no hints that it would lean on ally Iran to normalize tanker traffic.

For now, oil futures haven’t reached doomsday levels. That’s due to ample supplies at sea when the war started, record releases from strategic oil reserves, and a sharp drop in Chinese oil imports as it draws on its own stockpiles, according to Hussain.

More supplies from oil inventories could be released. But they cannot fall to zero as certain volumes are needed to maintain pressure within storage systems, and the daily flow of releases is limited.

In addition, 1 billion barrels of oil is estimated to have been lost already, dwarfing the IEA’s planned total release of 400 million barrels.

Efforts to clamp down on oil demand could intensify, and some countries in Asia have already imposed rationing measures.

“But given the extent of supply losses from the Middle East, the risk of a ‘non-linear’ adjustment in demand and prices will continue to grow for as long as the Strait of Hormuz remains effectively closed,” Hussain added.

In other words, rather than oil prices following a straight-line trajectory higher, they could instead go parabolic, looking more like the curved end of a hockey stick.

Similarly, analysts at UBS also said oil inventories are approaching record lows, warning that “buffers have now largely been exhausted.”

As stockpiles go even lower, UBS said oil prices could become more volatile and highlighted the “risk of panic buying if physical dislocation intensifies and the Strait of Hormuz remains closed.”

CMHC reports annual pace of housing starts in April up from March




Canada Mortgage and Housing Corp. says the annual pace of housing starts for April rose 17% compared with March.

US Bank Amazon Prime Business Credit Card: New Card Launched, 5% Cashback on Amazon