Byline Bank Promotions: $450, $600 Checking, Business Bonuses (IL)

Check out the latest Byline Bank promotions, bonuses, and offers here.

Update 1/20/26:

• We’ve added a $450 checking bonus valid through 3/31/26.
• There’s currently a $600 business checking bonus valid through 2/12/26.

Byline Bank Promotions Review

Byline Bank is currently the 8th largest bank in the state of Illinois and the 211th largest bank in the nation. Established in 1972, the neighborhood bank believes in putting their name behind everything they do and helping their customers write their stories. Byline Bank has an A+ health rating.

I’ll go over the Byline Bank offers below.

Byline Bank $450 Checking Bonus

• What you’ll get: $450 bonus
• Eligible account: Simple Checking
• Where it’s available: IL (Branch Locator)
• Credit Inquiry: Soft Pull or Hard Pull?
• Credit Card Funding: None listed
• Monthly Fee: A monthly service fee of $5 will be charged unless 1) the average account balance is $500 or more or 2) the combined account balance in your personal deposit accounts, where you are the primary owner, is $10,000 or more.
• How to earn it:
  • To receive the Simple Checking cash bonus of up to $450:
    • Open a new Simple Checking account with a minimum of $100 online or in branch using the promo code SIMPLE450, and
    • Make a cumulative total of at least $1,000 in qualifying direct deposits during two separate, consecutive statement cycles (bonus tracking begins at the start of the second statement cycle)
    • If the cumulative total of at least $1,000 in qualifying direct deposits is met, a cash bonus increment of $225 will be paid on the last day of each statement cycle for a total cash bonus amount of $450.

(Expires 03/31/2026)

Byline Bank $600 Business Checking Bonus

• What you’ll get: $600 bonus
• Where it’s available: IL (Branch Locator)
• Credit Inquiry: Soft Pull or Hard Pull?
• Credit Card Funding: None listed
• How to earn it:
  • Open a new Makers Checking account and be sure to enter the promo code MAKERS600 at the END of the application process.
  • Make a qualifying deposit of $3,000 or more in new money within 30 days.
    • Then, after your initial deposit, maintain an average daily balance of $3,000 for three consecutive statement cycles (tracking begins during the second statement cycle).
  • Earn your bonus! For each statement cycle you maintain the average daily balance of $3,000, you will receive a $200 cash bonus, for up to $600 total!

(Expires 02/12/2026)

Byline Bank $300 Checking Savings Bonus (Expired)

• What you’ll get: $300 bonus
  • $150 Checking Offer
  • $150 Savings Offer
• Where it’s available: IL (Branch Locator)
• Credit Inquiry: Soft Pull or Hard Pull?
• Credit Card Funding: None listed
• How to earn it:
  • Open a Freedom Personal Checking Account and Statement Savings Account online
  • Enroll in online banking and activate eStatements for both accounts
  • Set up and receive ACH direct deposit(s) totaling $1,000 or more for your Freedom Checking Account
  • Maintain an average balance of $5,000 or more in your Statement Savings Account
  • Enjoy a $50 bonus each qualifying statement cycle, up to $150 per account

(Limited time offer)

How to Avoid Byline Bank Monthly Fees

• Freedom Personal Checking: None
• Prime Life Checking: None
• Student Checking: None
• Makers Checking: None
• Not-for-Profit Checking: None
• High Interest Checking: $15 monthly fee. Maintain a $2,500 minimum monthly balance.
• Builder Checking: $20 monthly fee. Maintain a $40,000 average balance or $120,000 combined balance.
• Commercial Analysis Checking: Earnings credit to offset fees.
• Business High Interest Checking: $12.50 monthly fee. Maintain a $2,500 daily average balance account fee.

Author’s Verdict

Byline Bank is a very credible and trustworthy bank for anyone looking to open a new checking and savings account. If you are a Illinois or Wisconsin resident, you should definitely consider opening an account today and taking advantage of their attractive bonus incentive.

Furthermore, check out our bank bonuses page. Additionally, compare Byline Bank 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, Bank of America, Citi, Discover Bank, CIT Bank, TD Bank, Huntington Bank, HSBC Bank, Wells Fargo and many more.

Additionally, you can find a full list of the best bank promotions here. Finally, remember to bookmark this page because you will always find an updated list of Byline Bank promotions here.