[IN & In Branch only] Star Financial Bank $300 Checking Bonus

Update 3/4/25: Deal is back, now $300 until 8/26/2025.

Update 1/5/25: Deal is back, no end date listed. Hat tip to reader Woody

Update 12/08/18: Deal is back and valid until December 31st, 2018. Hat tip to DDG

Bonus is back and available for 2018, this time it’s not available online. Hat tip to reader tinyhedgefund.

Offer at a glance

Maximum bonus amount: $200
Availability: In branch only, all branches are in IN [Branch locator]
Direct deposit required: Yes $500+ per month
Additional requirements: eStatements & 5 debit card transactions per month
Hard/soft pull: Soft pull
ChexSystems: Unknown
Credit card funding: Unknown
Monthly fees: None
Early account termination fee: Must be kept open for 120 days
Household limit: One
Expiration date: ~~July 31st, 2017 September 30th, 2018 October 31st, 2018 November 30th,2018~~ December 31st, 2018.

The Offer

Direct link to offer

The Fine Print

Bonus/Account Information: New checking customers only.
$50 minimum deposit to open a checking account.
Account must remain open and in good standing for 120 days
Bonus will be deposited to the account at the end of 120 days if the following conditions are met: monthly direct deposit of at least $500, e-statements, and at least five (5) debit card transactions.
Consumer accounts only. Employees of STAR Financial Bank are not eligible.
Only one offer per household.
Offer is non-transferable.
Expires 9/30/18.
All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

E-Checking account has no monthly fees to worry about. You do need to keep the account open for 120 days to receive the bonus.

Our Verdict

It’s annoying that you need to meet the requirements each month to be eligible for the bonus, there is also some non transferable language in the fine print but I don’t think that means it’s targeted. If anybody signs up for this bonus then please share your experiences in the comments below. I will add it to the best checking bonus page, even though they had the online offer previously it seems like the bonus only comes around once a year so probably not worth waiting.

Big thanks to reader, Curmudgeon who let us know. Learn how to find bonuses and contribute to the site here.

Useful posts regarding bank bonuses: