$90 Checking Account Bonus at an Iowa Bank (Bankers Trust)

Bankers Trust has a $90 VISA check card bonus for their Direct Checking account. This checking account requires that you either have one direct deposit OR 2 ACH debits per statement period. The bonus requires that you keep the account opened for one year or the value of the bonus will be debited. There no minimum deposit or balance requirements. This special isn't listed on the bank's website. A reader mentioned it in the comments, and I called today (800-362-1688) for additional information.

I was told by the banking rep that bill pay is free but only if used at least once a month. Another downside is that there are no free checks, not even the first order. ChexSystem is used in the application, but the banking rep wasn't sure about a hard credit pull. This promo is available at all of the bank's branches (a branch visit is required).

Branches are located in the Des Moines metro area. It's FDIC insured (FDIC Certificate # 953). The bank also has a branch in Cedar Rapids with separate FDIC insurance (FDIC Certificate # 57484).

Thanks to dayshad who mentioned this special in the comments of the finding deals post.

Tags: Iowa, checking account