Busey Bank Promotions: $300 Checking Bonus (IL)

Find an updated list of Busey Bank Checking promotions, bonuses, and offers here.

Update 4/11/25: Currently, they have a $300 bonus when you open a checking account and meet all the requirements valid through 4/15/25.

Busey Bank Promotions Review

Busey Bank, is a wholly-owned bank subsidiary of First Busey Corporation, had total assets of $9.70 billion as of March 31, 2020 and is headquartered in Champaign, Illinois. They invest in their associates to provide their customers with the best service available and boast an A+ health rating.

I’ll go over Busey Bank offers below.

Busey Bank $300 Checking Bonus

• What you’ll get: $300 bonus
• Where it’s available: IL (Bank Locator)
• Credit Inquiry: Soft Pull or Hard Pull?
• Credit Card Funding: None listed
• How to earn it:
  • For a limited time offer, open a Busey Foundation Checking or Pillar Banking Account online using the code “TAXREFUND”, and as a thank you for choosing us, you’ll earn $300* when you:
  • Direct deposit your tax refund into to your account
  • Activate and use your Busey Debit Mastercard at least 3 times
  • Enroll in Online Banking with eStatement

(Expires 04/15/2025)

Busey Bank $250, $300, or $500 Checking Bonus

• What you’ll get: $250, $300, $500 bonus
• Where it’s available: IL
• Credit Inquiry: Soft Pull or Hard Pull?
• Credit Card Funding: None listed
• How to earn it:
  • Earn $500 bonus: Obtain a home mortgage loan with Busey Bank and open a new checking account you can earn a $400 closing credit and up to $500 bonus at account opening.
    • To receive the closing cost credit, complete the Mortgage Relationship Pack prior to your loan closing.
    • To earn the account opening bonus, set up Payroll or Government Direct Deposit
    • Then finish your Relationship Pack with two additional services: Bill Pay, Busey Automated Loan Payment, Money Market Account or Regular Savings.
  • Earn $250 bonus: Existing customers get a home mortgage loan and have a checking account with Busey may receive a $200 closing cost credit and can earn up to $250 account opening bonus.
    • To receive the closing cost credit, complete the Mortgage Relationship Pack prior to your loan closing.
    • To earn the account opening bonus, set up Payroll or Government Direct Deposit
    • Then finish your Relationship Pack with two additional services: Bill Pay, Busey Automated Loan Payment, Money Market Account or Regular Savings.
  • Earn $300 Bonus: Open a VA Mortgage Loan and a new Pillar Banking checking account with direct deposit and complete two of the following beneficial service:
    • Bill pay
    • A savings or money market account
    • Automated loan payment
• When it expires: None listed

(Limited time offer))

[Expired] Busey Bank $1,000 Checking Bonus 

• What you’ll get: $1,00 bonus
• Where it’s available: IL
• How to earn it:
  • Bonus is paid as $250 every 90 days, maximum of $1,000 per customer and household in the first
    year after account opening at Busey
  • $100 minimum opening balance
• When it expires: 05/31/2020

(Expires May 31, 2021)

How to Avoid Monthly Fees

• Student Checking: None
• Performance Money Market: None
• Foundation Checking: $5 monthly fee. No monthly fee with a direct deposit or average balance of $100.
• Pillar Banking: $12 monthly fee. Maintain a $3,000 daily minimum balance or $10,000 on deposit in any combination of other checking, savings or money market account balances
• StartFresh Checking: $9.95 monthly maintenance fee

Author’s Verdict

Lastly, Busey Bank is a great bank option for new sign-up promotions when become available. Furthermore, if you enjoy what this credit union has to offer, open a qualifying account and earn the bonuses above!

Additionally, for more current offers, check out our bank bonuses page. Comparatively, Busey Bank rates for CDs and Savings with our best rates for Savings and CD accounts.

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