Nationwide Bank $200 E-Checking Account Bonus for New Customers

Nationwide Bank is offering a $200 bonus for new customers when you open an E-Checking Account and set up a direct deposit, valid through October 31, 2014.

The E-Checking Account from Nationwide Bank is available throughout the U.S.A., regardless of which state you live in.

Just use offer code 03104481 when you open a new E-Checking Account by January 12, 2015, with a $50 minimum deposit.

Then set up an automatic monthly direct deposit of at least $200 into your Nationwide Bank E-Checking Account within 60 days of opening the account.

Your account must remain open for at least 90 days to receive the $200 bonus.

Check out this Nationwide Bank $200 Checking Bonus to open your account online today.

The $200 bonus will be deposited into your new account within 2 weeks following the 90-day minimum requirement.

This $200 bonus offer is limited to 1 per household and is not available to existing checking customers.

To avoid an $8 per month fee for the E-Checking Account, you will need to sign up for at least 1 direct deposit of $25 per month and use your debit card 8 times each month OR maintain a combined average daily balance among your Nationwide Bank deposit accounts of at least $10,000 (excludes CD balances).

A special thank you goes out to one of our readers for sending this deal along.

More Nationally Available Bank Bonuses

SunTrust Bank $200 Checking Bonus

Chartway FCU $150 Checking Bonus

Citibank up to $400 Checking Bonus

Bank of America $100 Checking Bonus

Comments

  1. says

    FYI – I’ve made inquiries with Nationwide Bank to see if they do a soft/hard pull and if you can fund a new account with a credit card, so I’ll update the article with that info soon. Thanks, Max

  2. AE says

    soft pull – possibly chexsystems as well. As per CS rep (said no hard pull only soft) and multiple reports via the slickdeals thread on this topic.

    I did not notice any funding option via CC when I applied. FWIW.

    Unknown as to if a ACH transfer will satisfy the fee reqs and bonus reqs – nationwide is a new bank – no history. I’d do the real thing at least until you get the bonus…YMMV

  3. Julia says

    Max, I think you made a type of the fee waiver requirement. Instead of $10,000, it is $1,000 that you need to maintain to avoid $8 monthly service fee. Quoting from website: “2To avoid an $8 per month fee, you will need to sign up for at least one direct deposit of $25 per month AND make at least 8 debit card transations per statement period OR maintain a combined average daily balance among your Nationwide Bank deposit accounts of at least $1,000 (excludes CD account balances).”

    I will be opening an acct there today and will let you all know if an ACH qualifies as a dir dep. I imagine it does, because even when banks says it has to be a pension, salary or social security, I still see they give out bonuses if you do an ACH deposit (based on my experience opening accts at numerous banks, thanks to maximizing money website!).

    • says

      Hello Julia,

      In the fine print #2 on the promotional page that I link to in the above article, it says:

      “To avoid an $8 per month fee, you will need to sign up for at least one direct deposit of $25 per month AND make at least 8 debit card transactions per statement period OR maintain a combined average daily balance among your Nationwide Bank deposit accounts of at least $10,000 (excludes CD account balances).”

      Also, on this other page for bank terms from their website (http://www.nationwide.com/bank-terms.jsp), it indicates the following under Nationwide E-Checking:

      “Minimum balance to avoid imposition of fees – A monthly service fee of $8.00 will be imposed every statement cycle if the average daily balance in the account falls below $10,000.00 combined in checking, savings, or money market any day of the cycle.”

      And it also says this in the “Fees” section on that same page in the same section:

      “A monthly service fee of $8.00* will be imposed every statement cycle. This fee will not apply if you have BOTH a direct deposit greater than $25.00 each statement period and at least 8 debit card point-of-sale (POS) transactions per statement period.”

      Also, on this page (http://www.nationwide.com/e-checking-account.jsp), under FAQs, it says:

      “How do I avoid the monthly service fee?

      There are two ways to avoid the monthly service fee:

      Sign up for at least 1 direct deposit each month and use your debit card 8 times each month or

      Keep a combined total of $10,000 or more in your Nationwide Bank deposit accounts, which includes checking, savings or money market accounts”

      Could you provide the link to the specific page where you are seeing the $1,000 instead of $10,000?

      I don’t know why it would be different for you, but I suppose they could be showing different pages based on your location or something.

      Thank you for commenting, and I hope it is $1,000 and not $10,000, but all of the information I see on their website says $10,000, at least for me.

      Thanks again, Max

Leave a Reply

Your email address will not be published. Required fields are marked *