Bank OZK Promotions: $500 Checking Bonus [AL, AR, CA, FL, GA, MS, NC, NY, SC, TX]

Take a look at the latest Bank OZK promotions, bonuses, and offers here.

Right now, they are offering a $500 bonus when you open a new checking account and meet the requirements.

Bank OZK Promotions Review

Bank of the Ozarks was founded in 1903 as a small community bank in Jasper, Arkansas. They take great pride in knowing you, the customers. At Bank OZK, they offer an incredible array of the very best personal and business banking services geared to offer convenience and safety while helping you attain your goals.

I’ll go over Bank OZK offers below.

Bank OZK $500 Checking Bonus (In-Branch)

• What you’ll get: $500 bonus
• Availability: AL, AR, CA, FL, GA, MS, NC, NY, SC, TX (Bank Locator)
• Direct Deposit Requirement: Yes, $2,000+
• Credit Inquiry: Soft Pull or Hard Pull? Let us know
• Monthly Fees: None
• Early Termination Fee: None
• How to earn it:
  • Earn a $250 checking bonus when you open an OZK Checking, OZK Bonus Checking or OZK Interest+ Checking account  before Dec. 2, 2023 at a participating branch.
    • Here’s how to qualify:
      • Make at least three direct deposits totaling $3,000 or more within 120 days of account opening AND
      • Make at least twenty debit card purchases within the first 120 days of account opening
      • Qualifying checking accounts require a $50 initial opening deposit
  • Earn $150 additional bonus based on your checking account balance.
    • Here’s how to qualify:
      • Maintain a minimum daily balance (end of day balance) of $3,000 for each day from day 30 through day 120 in the qualifying checking account.
      • Client must meet the requirements and receive the $250 checking bonus above to be eligible to receive the additional $150 bonus based on checking balance.
  • Earn $100 savings bonus when you open an OZK Savings account on the same business day.
    • Here’s how to qualify:
      • Open a qualifying checking account and an OZK Savings account on the same business day, and you could qualify for an additional $100 bonus.
      • Maintain a minimum daily balance (end of day balance) of $3,000 for each day from day 30 through day 120 in the qualifying OZK Savings account and receive an additional $100 bonus.
      • OZK Savings requires a $50 initial opening deposit.

In-Branch Only

(Expires 12/02/2023)

Fine Print

• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

How to Avoid Bank OZK Checking Account Fees

• OZKChecking:  $7 monthly service fee
  • Avoid the monthly service fee by doing one of the following:
  • Direct deposit totaling $500 or more in the monthly service charge/statement cycle1 OR
  • Maintain an average daily balance of $500 or more OR
  • Have ten (10) or more posted debit card transactions per statement cycle2
  • Service fee will not be applied if the tax responsible owner is under the age of 25
• OZKInterest+ Checking: $12 monthly service fee
  • Avoid the monthly service fee by maintaining a $2,500 average daily balance
• OZKBonus Checking: $5 monthly service fee
• Freedom Advantage Checking: $5 monthly service fee

Bottom Line

This bonus doesn’t have that much information, so I would recommend calling a CSR to find out more. Additionally, be sure to find out if it’s hard pull or soft pull and which branches it’s available at.

For more current offers, check out our bank bonuses page. Compare Bank OZK rates for CDs and Savings with our best rates for Savings and CD accounts.

Be sure to check more popular bank promotions include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.