Banner Bank
Banner Bank Personal Checking $250 – $400 Bonus
Banner Bank pays you $250 or $400 for opening a new personal checking account online or at a branch with promo code 2026EM in OR, WA, CA, or ID, then completing direct deposits and maintaining a balance for 90 more days.
- Bonus range
- $250 – $400
- Expires
- Oct 31, 2026
- Time to complete
- ~150 days
- Bonus deposited in
- ~180 days
- Difficulty
- Medium
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Requirements
Last verified: Oct 2, 2026
$250 Tier
Open a personal checking account
Open a new Banner Bank personal checking account online or at a branch using promo code 2026EM. You must not already have a personal checking account with Banner Bank.
$2,500 in direct deposits within 60 days
Complete direct deposits totaling $2,500 or more into the account within 60 days of opening.
Maintain a $2,500 balance for 90 more days
Maintain a minimum balance of $2,500 for an additional 90 days after completing the direct deposit requirement.
$400 Tier
Open a personal checking account
Open a new Banner Bank personal checking account online or at a branch using promo code 2026EM. You must not already have a personal checking account with Banner Bank.
$5,000 in direct deposits within 60 days
Complete direct deposits totaling $5,000 or more into the account within 60 days of opening.
Maintain a $5,000 balance for 90 more days
Maintain a minimum balance of $5,000 for an additional 90 days after completing the direct deposit requirement.
Banner Bank deposits the bonus within 30 days of meeting all offer criteria (60 days to complete direct deposits, plus a further 90-day balance hold).
Account Details
- Connected Checking's $4 fee is waived with $500/month in direct deposit or minimum daily balance. Banner's other checking tiers (Rewards, Best, Digital) carry different fees and waiver conditions.
Eligibility
Must not already have a personal checking account with Banner Bank, and the account must not have been closed within the last 2 years.
- Limit one new-account-opening bonus every 2 years on a personal checking account.
- Offer available to residents of OR, WA, CA, and ID only.
Tips & Gotchas
- →This is the lower of two tiers on the same 2026EM promo -- Banner also pays $400 for a higher $5,000 direct deposit and balance tier on the same checking account.
- →Doctor of Credit's post for Banner Bank shows an older cycle (code 2026DP) that already expired 8/31/26; the bank's own page confirms the current cycle runs through 10/31/26 under code 2026EM.
- →You may receive only one new-account-opening bonus every 2 years on a personal checking account.
- →Available only to residents of Oregon, Washington, California, and Idaho.
Can You Earn This Bonus Again?
Fine Print
To receive the personal checking offer, open your account online at bannerbank.com or at a Banner Bank branch and use promotional code 2026EM at account opening. Offer is not available to those whose accounts have been closed within the last 2 years. You may receive only one new account opening-related bonus every 2 years on a personal checking account. To qualify, you must not already have a personal checking account. To receive the $250 checking bonus: open any new Banner Bank personal checking account, complete at least $2,500 of direct deposits into that account within 60 days, and maintain a minimum balance of $2,500 for 90 more days. Direct deposit must be an electronic deposit of your paycheck, pension, or government benefits; person-to-person payments, mobile check deposits, and micro-deposits do not qualify. After meeting the requirements, the bonus is deposited within 30 days. Bonus is considered interest and reported on IRS Form 1099-INT (or 1042-S, if applicable). Offer expires 10/31/2026.
Taxable income · Reported on 1099-INT
Related Articles
What is a direct deposit?
An electronic payment sent directly into your bank account, usually from an employer or government.
Does Zelle Count as Direct Deposit for Bank Bonuses?
Usually no. At most banks a Zelle payment arrives coded as peer-to-peer and will not trigger the bonus. Citi is the clear exception. Its Enhanced Direct Deposit terms name Zelle as a qualifying deposit, and every Zelle report we have from Citi got paid.
What is a fee waiver?
A condition you can meet to have the monthly maintenance fee on an account waived.
Also see: this month's best bank bonuses and community DD data points.
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