Find an updated list of Liberty Bank for Savings promotions, bonuses, and offers here.
They have a $100 bonus when you open a new account and meet all the requirements.
About Liberty Bank for Savings Promotions
Liberty Bank for Savings is headquartered in Chicago, Illinois and was established 1898. Since then they have grown to 5 locations and boast an A+ health rating.
I’ll review the offers below.
Liberty Bank for Savings $50, $100, $150, or $350 Checking Bonus (Expired)
Liberty Bank for Savings is offering a $50, $100, $150, or $350 Checking Bonus when you open a new Checking account.
- What you’ll get: $50, $100, $150, or $350 bonus
- Account Type: Checking and Savings Account
- Availability: IL (Bank Locator)
- Direct Deposit Requirement: Yes
- Credit Inquiry: Soft Pull
- ChexSystems: Unknown, sensitive
- Credit Card Funding: Unknown
- Monthly Fees: None
- Early Account Termination Fee: $50, 90 days
- Household Limit: None listed
(Expires December 31, 2022)
| BMO Smart Money Checking ($300 cash bonus) | KeyBank Checking ($300 bonus) |
| Chase Private Client ($3,000 Bonus) | Fifth Third Bank Preferred Checking ($300 bonus) |
| HSBC Premier Checking (Up to $2,500 Cash Bonus), | |
How To Earn Bonus
- Enter your email
- Spin the wheel
- Bonus will be credited to the customer’s new Liberty checking account within 30 calendar days after they fulfill the following requirement: Receive two (2) monthly ACH direct deposit credits (payroll or government benefits) of $500+ to this account within 90 calendar days after account opening.
- Bonus is applicable to any personal Liberty Bank checking account opened by 12/31/2022. Must show the email at account opening time. Bonus will be credited to the customer’s new Liberty checking account within 30 calendar days after they fulfill the following requirement: Receive two (2) monthly ACH direct deposit credits (payroll or government benefits) of $500+ to this account within 90 calendar days after account opening. Offer is not available to Liberty Bank employees and their immediate families. Only one (1) offer per household. Cannot be combined with other offers. If the account is closed by the customer or by Liberty within six months after opening, we will deduct the bonus amount for that account at closing. The bonus paid may constitute income under Internal Revenue Service (IRS) regulations and, if required, will be properly reported. Liberty Bank for Savings reserves the right to discontinue this product or offer at any time. Refer to Account Disclosures for specific account requirements.
Liberty Bank for Savings $50 Referral Bonus
Earn a $50 bonus at Liberty Bank!
Liberty Bank for Savings is offering a $50 bonus when refer a friend and they open a new Checking account and meet the requirements.
- What you’ll get: $50 bonus
- Account Type: Checking Account
- Availability: IL
(No Expiration Date Listed)
| 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
- Offer available when a Liberty Bank checking account is opened by a new customer referred by an existing customer.
- New checking account must meet
- minimum balance opening requirements,
- have an ACH direct deposit (payroll or government benefits) or
- complete 10 debit card purchases within 90 days of account opening, and is subject to approval.
- Offer available when a Liberty Bank checking account is opened by a new customer referred by an existing customer. New checking account must meet minimum balance opening requirements, have an ACH direct deposit (payroll or government benefits) or complete 10 debit card purchases within 90 days of account opening, and is subject to approval. Limit of 3 referrals per customer per year. Not available with other types of accounts or a transfer of funds from another Liberty account. Referring customer must have an existing Liberty personal savings or checking account. New customer must have no current relationship at the Bank. New customer cannot be from the same household as referring customer. New customer must provide referring customer’s name at the time of account opening. Due to Privacy regulations, Liberty Bank is unable to disclose the status of the referred customer’s account opening and account usage. Timing of bonuses received: $50 to the new customer within 10 business days after meeting the requirements (establishing an ACH direct deposit (payroll or government benefits) or completing 10 debit card purchases within 90 days upon account opening). $50 to the referring customer as a credit to their account within 10 business days after new customer meets the requirements. New account must remain open for a minimum of 180 days; if not, the bonus paid to the new customer through this offer will be deducted from the account prior to closing. The bonus paid may constitute income under Internal Revenue Service (IRS) regulations and, if required, will be properly reported.
- Must be 18 years or older to participate. Offer is not available to Liberty Bank employees and their immediate families. Only 1 offer per person. Liberty Bank for Savings reserves the right to discontinue this product or offer at any time and to validate all coupons.
How To Waive Monthly Fees
- Silver Star Checking: None
- Libby eChecking Basics: None
- Business Checking: None Listed
- Affinity Checking: $6 monthly fee. Maintain a $1,000 minimum average daily balance or $7,500 in total deposits to avoid the monthly account fee
- Jumbo Checking: $6 monthly fee. Maintain a $1,000 minimum balance to avoid the monthly account fee
- Liberty Checking: $10 monthly fee. Maintain one of the following to avoid the monthly account fee:
- $200 minimum average daily balance
- $5,000 in total deposits
- Reoccurring direct deposit of $100 or month each month
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Bottom Line
Liberty Bank for Savings is offering great promotions with easy requirements. With services such as online banking, you can sure your money is secure. Be sure to apply for these while you still can today!
Additionally, your feedback is highly appreciated and makes our site even better!
While they have generous bonuses, Liberty Bank for Savings doesn’t have great rates for CDs and Savings. You may want to check out our full list of Bank Rates and CD Rates.
Compare Liberty Bank for Savings 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!
*Finally, remember to check back at this page for updated Liberty Bank for Savings promotions, bonuses, and offers.
Appears the account needs to be open for 6 months to keep the bonus… see fine print at bottom of page (middle second paragraph):
https://checking.libertybank.com/spinthewheel/
*Each branch has a wheel with 18-slots with bonus amounts ranging from $50 to $1,000. The actual bonus amount the customer receives will depend on which slot the ticker lands when the wheel stops spinning. Bonus is applicable to any Liberty Bank checking account opened. Bonus will be credited to the customer’s new Liberty checking account within five business days after they fulfill the following requirements: 1) Stop by a branch and give the banker the promo code you received via email; 2) Open a new checking account by 6/30/2018. Initial checking funds must be new to the bank; 3) Spin the wheel to determine the amount of the bonus; 4) Receive 3 monthly ACH electronic funds transfer credits of $100+ to this account (1 each month for 3 months) within 120 days after account opening.
Must be 18 years or older to participate. Offer is not available to Liberty Bank employees and their immediate families. Only one official spin (consisting of a full rotation of the wheel) per customer is permitted. Cannot be combined with other offers. If the account is closed by the customer or by Liberty within six months after opening, we will deduct the bonus amount for that account at closing. The bonus paid may constitute income under Internal Revenue Service (IRS) regulations and, if required, will be properly reported. Liberty Bank for Savings reserves the right to discontinue this product or offer at any time.
**The Liberty Checking account is a non-interest bearing checking account that is to be used for personal, family or household purposes. Minimum balance to open is $300. There is no minimum balance required to maintain the account. To avoid the $10.00 monthly fee, one of the following requirements must be met: Maintain an average daily balance of $200 or greater during the monthly statement period OR set up a recurring monthly ACH electronic funds transfer credit of $100 or more OR the primary account holder must maintain a balance of $5,000 or more in deposit accounts at Liberty Bank. Liberty Bank for Savings reserves the right to discontinue this product or offer at any time.