Bask Bank $200 Checking Bonus, Direct Deposit Not Required

Offer at a glance

Maximum bonus amount: $200

Availability: Nationwide

Direct deposit required: No

Additional requirements: See below

Hard/soft pull: Unknown

ChexSystems: Unknown

Credit card funding: Unknown

Monthly fees: None

Early account termination fee: None

Household limit: None

Expiration date: November 29, 2024

The Offer

Direct link to offer

Bask Bank is offering a $200 bonus when you open a new checking account.Bonus is broken down as follows:

Conduct two (2) electronic Bill Center transactions3 of a combined minimum total of $50, posting each month through March 31, 2025 and receive $50 per month up to $200.

The Fine Print

Must have a new or existing Bask Interest Checking Account by November 29, 2024.

Perform qualifying activities between September 2024 and March 2025.

Conduct two (2) electronic Bill Center transactions3 of a combined minimum total of $50, posting each month through March 31, 2025.

Qualifying participants will receive a $50 cash reward each month1 from September 2024 through March 2025 with continued qualifying activity.The cash reward will be paid to your Bask Interest Checking Account at the close of each statement period after all qualifying activities are met.

If one or more of the qualifying activities are not met within a statement period, the cash reward will not be paid for that statement period.

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

Unclear if there is any EATF.

Our Verdict

Seems like a nice bonus given no direct deposit is required.It’s possible that it’s ChexSystems sensitive, if it’s not I can see this bonus being pulled early due to the popularity of it.

Hat tip to Gz

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Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by mycardopinions.
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Frequently Asked Questions

Certainly. Unlike personal loans, you won't face any penalties for settling your balance ahead of schedule. However, it's crucial to keep in mind that if your credit card comes with a 0% introductory offer, it's essential to clear your balance completely before the 0% promotion expires and interest charges apply.

However, you can include additional cardholders, each with their own card. While sharing the single credit limit, the primary cardholder remains responsible for settling the debt.

Potentially, yes. Credit card APRs are typically variable, allowing lenders to change rates, impacting your monthly payments. Additionally, be mindful that introductory 0% offers can lead to higher interest rates once they expire. So, it's wise to clear your balance before that happens, if feasible.

Indeed, credit builder cards exist for those with less-than-ideal credit scores. These cards offer lower credit limits (typically £150 to £1,200) and higher interest rates. Responsible use, including full and on-time payments, can gradually boost your creditworthiness, potentially opening doors to better credit card offers down the line.