Find all the latest Hyde Park Bank promotions, bonuses, and offers here.
At the moment, Hyde Park Bank is offering a $200, $300, $500 bonus for a new checking account.
About Hyde Park Bank Promotions
Hyde Park Bank has two branch locations in Chicago, Illinois. They are operated by Wintrust Financial, which is a financial holding company that is the parent bank for 15 different community banks in Illinois and Wisconsin.
I will review the Hyde Park Bank offer below.
Hyde Park Bank $500 Checking & Savings Bonus
You can earn up to a $500 bonus from Hyde Park Bank when you open a qualifying checking account and meet the requirements.
- What you’ll get: $500 bonus
- Account Type: Total Access Checking, Statement Savings
- Availability: IL (Bank Locator)
- Direct Deposit Requirement: Yes, $500+ (see what works)
- Credit Inquiry: Unknown
- ChexSystem: Unknown
- Credit Card Funding: Unknown
- Monthly Fees: None
- Early Account Termination Fee: None listed
- Household Limit: One
(Offer expires 01/29/2025)
BMO Smart Money Checking ($300 cash bonus) | BMO Smart Advantage Checking ($300 cash bonus) |
Bank of America ($300 bonus offer) | Chase Total Checking® ($300 bonus) |
Fifth Third Bank Momentum® Checking ($300 bonus) | SoFi Checking and Savings ($325 bonus) |
KeyBank Key Smart Checking ($300 bonus) | Truist Checking ($400 bonus) |
How To Earn Bonus
To earn the $300 bonus,
- Open a new Total Access Checking account,
- Tell us you are aware of this Total Access Checking account bonus offer at account opening;
- Have at least monthly occurring direct deposits totaling $500.00 or more each month made to your new account for 2 consecutive calendar months after the calendar month your new account was opened (‘Qualification Period’).
- Enroll in online banking and activate e-statements within the Qualification Period.
To earn the $200 bonus,
- Open a new Statement Savings account;
- Tell us you are aware of this Statement Savings account bonus offer at account opening;
- Deposit $15,000.00 or more of new money, defined as money not held at any WTFC location; and
- Maintain a minimum balance of at least $15,000.00 on the last business day of each of the 3 consecutive calendar months following the calendar month your new account is opened (‘Qualification Period’).
- General Bonus Information. Offers valid for accounts opened 2/1/24 — 1/29/25. Offers not available to existing or closed checking/savings account customers of Wintrust Financial Corporation (‘WTFC’) & its subsidiaries or employees. Limit 1 bonus payment per customer, regardless of number of accounts opened; may only be received from 1 WTFC location. Total Access Checking offer combinable with any WTFC savings offer; Statement Savings offer combinable with any WTFC checking offer. Bonus payment subject to IRS 1099-INT reporting & may be considered income for tax purposes.
- Total Access Checking Bonus Information. If you qualify for this Total Access Checking bonus offer, you are ineligible to receive this Total Access Checking bonus offer from any other WTFC location. If you qualify for any other WTFC savings offer it may be combined with this Total Access Checking account bonus offer. Your new account must be open, in the same product, and have a balance greater than zero to receive the bonus payment. Balance is determined as of the end of each Business Day as the funds currently in your account including deposits and withdrawals made in the Business Day. The $300.00 bonus payment is subject to IRS 1099-INT reporting and may be considered income for tax purposes for the tax year in which the bonus was paid.
- Statement Savings Bonus Information. If you qualify for any other WTFC checking offer it may be combined with this Statement Savings bonus offer. Your new account must be open, in the same product, and have a balance greater than zero to receive the bonus payment. Balance is determined as of the end of each Business Day as the funds currently in your account including deposits and withdrawals made in the Business Day. The $200.00 bonus payment is subject to IRS 1099-INT reporting and may be considered income for tax purposes for the tax year in which the bonus was paid.
Hyde Park Bank $300 Checking Bonus
You can earn up to a $300 bonus from Hyde Park Bank when you open a qualifying checking account and meet the requirements.
- What you’ll get: $300 bonus
- Promotional Links:
- Account Type: Checking Account
- Availability: IL
- Direct Deposit Requirement: Yes, $500+ (see what works)
- Credit Inquiry: Unknown
- ChexSystem: Unknown
- Credit Card Funding: Unknown
- Monthly Fees: None
- Early Account Termination Fee: None listed
- Household Limit: One
(Offer expires 01/29/2025)
BMO Smart Money Checking ($300 cash bonus) | BMO Smart Advantage Checking ($300 cash bonus) |
Bank of America ($300 bonus offer) | Chase Total Checking® ($300 bonus) |
Fifth Third Bank Momentum® Checking ($300 bonus) | SoFi Checking and Savings ($325 bonus) |
KeyBank Key Smart Checking ($300 bonus) | Truist Checking ($400 bonus) |
How To Earn Bonus
- Open a new Total Access Checking account now and get a $300 bonus when you
- Enroll in online banking
- Activate e-statements through bank’s website
- Have at least monthly occurring direct deposits totaling $500 or more each month for the qualification period
- This Total Access Checking account bonus offer is not available to existing or closed checking account customers of Wintrust Financial Corporation (‘WTFC’) and its subsidiaries or its active employees.
- Limit 1 bonus payment per customer, regardless of the number of accounts opened.
- If you qualify for this Total Access Checking account bonus offer, you are ineligible to receive this Total Access Checking account bonus offer from any other WTFC location.
- If you qualify for any other WTFC savings offer it may be combined with this Total Access Checking account bonus offer.
- Your new account must be open, in the same product, and have a balance greater than zero to receive the bonus payment.
- Balance is determined as of the end of each Business Day as the funds currently in your account including deposits and withdrawals made in the Business Day.
- The $300.00 bonus payment is subject to IRS 1099-INT reporting and may be considered income for tax purposes for the tax year in which the bonus was paid.
How to Waive Monthly Fees
- Total Access Checking: No monthly fees for this account
- Access Plus Checking: $10.00 monthly can be waived with $1,000 minimum daily balance or $2,500 average daily balance for the statement cycle.
- Premier Checking: $25.00 monthly can be waived with $10,000 average daily balance or $75,000 combined average relationship balance for the statement cycle.
- Cubs Checking: No monthly fees for this account
- White Sox Checking: No monthly fees for this account
- Student Checking: No monthly fees for this account
- Platinum Preferred Checking: $10.00 monthly can be waived with $1,000 minimum daily balance
- Money Smart Checking: No monthly fees for this account
- Entrepreneur Checking: $15.00 monthly when 75 transactions complete the $1,5000 minimum average collected balance
- Business Community Checking: $15.00 monthly if the $5,000 minimum average balance is not maintained
- Have-It-All Business Checking: $25.00 monthly if the $20,000 minimum average balance is not maintained
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Bottom Line
If you live in Chicago, this may be an offer for you. However, with only two branch locations in one city, this offer would be unavailable to most. In my opinion, the account requirements aren’t too bad considering you only need to have a $500 direct deposit for 2 months. On top of that, there are no monthly fees to worry about.
Before making any decisions, I would definitely check if the offer triggers a hard or soft pull. If anyone has any information regarding Hyde Park Bank, feel free to leave a comment below! Your feedback is appreciated and makes our site even better.
Savings accounts or CDs are another way to earn and save money. Check out our full list of Bank Rates and CD Rates and compare them so you can find the best rate for you.
*Compare Hyde Park Bank Promotions with other bank bonuses from banks like Citi, Huntington, HSBC, Chase, TD, Discover Bank, Aspiration, Axos Bank, PNC Bank, BMO Harris, SoFi, Fifth Third Bank, Bank of America, Wells Fargo, US Bank, and more!*
*Check back at this page for updated Hyde Park Bank promotions, bonuses and offers
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