TO QUALIFY FOR THE CONSUMER CHECKING CASH BONUS OF UP TO $650: To earn the checking account bonus, new to personal checking customer must complete each of the following requirements. Open an STB Everyday or Preferred Checking account* with a minimum deposit of $50 between 2/1/2025 and 10/31/2025 online and complete the following:
TO QUALIFY FOR $650 CASH BONUS: Make qualifying direct deposits totaling at least $3,500 per month to the new account for 3 consecutive calendar months starting the month after your account was opened.
TO QUALIFY FOR $300 CASH BONUS: Make qualifying direct deposits totaling at least $1,000 per month to the new account for 3 consecutive calendar months starting the month after your account was opened.
The qualifying minimum direct deposits must be made to the new account for 3 consecutive calendar months beginning in the calendar month following the calendar month in which the new account was opened ("Qualification Period"). For example, if the account was opened in April, the three-month qualification period would be May, June, and July. Qualifying ACH direct deposit includes electronic direct deposits of a paycheck, pension payment, social security payment or other government benefits payment deposited into the checking account from an employer, a government agency, or other similar third-party organization. Deposits made by teller/ATM/mobile deposits, wire transfers, debit card transfers, transfers between SouthTrust accounts, external transfers from other accounts at other financial institutions, or Peer to Peer (i.e. Zelle, Venmo) transfers do not qualify.
Limit one cash bonus per customer [Taxpayer Identification Number (TIN)/Social Security Number (SSN)] regardless of the number of checking accounts opened. Recipient(s) (customer TIN/SSN) of cash bonus shall not be eligible to receive a cash bonus on any other personal checking account.
The new STB Everyday, or Preferred Checking account must be open with a balance greater than $0 and in good standing at the time the cash bonus is paid into the account, within 130 days after account opening.
Bonus may be reported on IRS Form 1099-MISC. Offers are not available for customers with an existing SouthTrust personal checking account (including owners on joint accounts), personal checking accounts closed within the last 12 months, has been paid an ONB personal checking promotional bonus in the past 12 months or SouthTrust employees. SouthTrust reserves the right to discontinue offer at any time. Not valid with any other SouthTrust offer.
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