SouthState Bank
SouthState Bank is offering $200 bonus for opening a new checking account using promo code EARN200 and meeting the qualifying requirements within 60 days.
- Make a minimum of 15 debit card purchases/payments.
- Have a monthly total of $250 qualifying direct deposit OR preauthorized automatic draft(s) of $25.
As SouthState Bank is a regional bank, this offer is valid only in select states – GA, NC, SC, VA, FL, AL. The offer is valid online as well as at their branches.
SouthState Bank offers three checking account – Southstate Checking, Choice Checking, and Gold Checking. Southstate Checking account has no monthly fees with you use e-statements.
SouthState Bank Bonus Summary
Bonus –$200
Account – SouthState Checking, Choice Checking, and Gold Checking
Availability – GA, NC, SC, VA, FL, AL. Valid In Branch and Online
Promo Code – EARN200
Offer Expiry –March 31, 2023
Account Fees – $0 or $8 or $15 (waivable, see below)
Household Limit – No mention.
Link for the Offer
SouthState Bank Bonus Requirements
- Open a new checking account either online or at branch with promo code EARN200.
- Within 60 days of opening the account:
- Make a minimum of 15 debit card purchases/payments.
- Have a monthly total of $250 qualifying direct deposit OR preauthorized automatic draft(s) of $25.
- Bank Bonus will post the to the account within 2 business days of the completion of the 60 calendar day qualifying period.
Checking Account Fees | How to Avoid It?
- Southstate Checking account – $0 monthly.
- Choice Checking – $8 monthly. To avoid it:
- 15 or more posted & cleared debit card purchases/payments; or
- $250 or more in combined direct deposits or
- $1,500 or more average daily balance
- Gold Checking – $15 monthly. To avoid it:
- Per monthly statement cycle maintain a $5,000 minimum daily balance or
- $25,000 minimum daily balance in other combined deposit accounts and outstanding loan balances
BonusCoach’s List of Best Bank Account Bonus
Early Account Termination Fees
There is $50 early termination fee for account closed before 180 days (except for eStyle account). We recommend to keep the account open for at least 6 months, preferably a year.
The Fine Print
- PROMOTIONAL OFFER RULES: Promotional offer applies to new personal checking accounts (excluding SouthState at Work product type) opened between 01/09/2023 and 03/31/2023 with the promo code To open an account at a branch location, a $25 minimum deposit is required; no minimum deposit is required for accounts opened online. Residency restrictions may apply and offer not available to employees of SouthState Bank, N.A. or its subsidiaries.
- Offer is limited to one per customer, cannot be combined with any other personal checking or deposit offer, or reproduced, purchased, sold, transferred or traded. SouthState reserves the right to modify or discontinue the offer at any time without notice.
- Eligibility & Qualifications: To receive the $200 rebate, you must meet the following criteria:
- At account opening, you cannot be a current owner or joint owner of a SouthState personal checking account, or have been an owner or joint owner of a SouthState personal checking account in the past 12 months.
- Within 60 calendar days of opening the account, you must have:
- 15 or more posted and cleared debit card purchases/payments from the account; AND
- Monthly cumulative direct deposits of at least $250 of your salary, pension, Social Security, or other regular recurring monthly income setup using the Bank routing number and your account number (Note: Internal account transfers, mobile deposits, debit card deposits, and deposits made at a banking location or ATM do not qualify as a direct deposit for purposes of this promotion) OR
- One or more preauthorized automatic drafts by a third party of at least $25 setup using the Bank routing number and your account number (Note: recurring debit card payments and person-to-person transfers do not qualify as a preauthorized automatic draft for purposes of this promotion).
- Your account must be open with no changes to the product type (i.e. SouthState Checking, Choice Checking, Gold Checking etc.) at the time of payment.
- Promotional Rebate Payment: If you meet all of the Eligibility and Qualifications above, we will post the $200 rebate to your account within 2 business days of the completion of the 60 calendar day qualifying period. The rebate will be reported to the appropriate taxing authorities, as required by law or regulation.
Final Thoughts
SouthState Bank bonus offer is decent. They are offering $200 for opening their checking account, having 15 debit card purchases/payments and have monthly direct deposit of at least $250.
