Schaumburg Bank & Trust Promotions: $200, $300, $500 Checking, Savings, Business Bonuses [IL]

Find the latest Schaumburg Bank & Trust promotions, bonuses, and offers here!

Update 1/31/25: The $200, $300, $500 checking & savings bonuses have been extended through 7/31/25.

Schaumburg Bank & Trust Promotions Review

Established in 2001, Schaumburg Bank & Trust Company is the 40^th largest bank in the state of Illinois. They provide banking services to their customers to help the keep up with their finances, making it easy and simple for them to get the job done.

I’ll go over Schaumburg Bank & Trust offers below.

St. Charles Bank & Trust Company $500 Checking & Savings Bonus

• What you’ll get: $500 bonus
• Where it’s available: IL (Branch Locator)
• Credit Inquiry: Soft Pull Or Hard Pull?
• Credit Card Funding: Unknown, let us know.
• How to earn it:
  • To qualify for the $300 checking bonus:
    • Open a new Total Access Checking account
    • Let the know you are aware of this Total Access Checking account bonus offer at account opening
    • Have at least monthly occurring direct deposits totaling $500.00 or more each month made to your new account for 2 consecutive calendar months after the calendar month your new account was opened
  • To earn the additional $200 savings bonus:
    • Open a new Statement Savings account and let them know you are aware of this Statement Savings account bonus offer at account opening
    • Deposit $15,000.00 or more of new money, defined as money not held at any WTFC location
    • Maintain a minimum balance of at least $15,000.00 on the last business day of each of the 3 consecutive calendar months following the calendar month your new account is opened
  • Your bonus will be deposited into your new account within 30 calendar days after the Qualification Period.

(Expires 07/31/2025)

Schaumburg Bank & Trust $300 Checking Bonus

• What you’ll get: $300 bonus
• Promotional link(s):
  • Total Access Checking
  • White Sox Checking
  • Cubs Checking
• Where it’s available: IL
• Credit Inquiry: Soft Pull Or Hard Pull?
• Credit Card Funding: Unknown, let us know.
• How to earn it:
  • To qualify for the $300 bonus:
    • Open a new Cubs Checking account and let the bank teller that you are aware of this Cubs Checking account bonus offer at account opening
    • Have at least monthly occurring direct deposits totaling $500.00 or more each month made to your new account for 2 consecutive calendar months after the calendar month your new account was opened
    • Enroll in online banking and activate e-statements within the Qualification Period.
      • A direct deposit is defined as any payment made by a government agency, employer, or other third-party organization that is made via an electronic deposit.

(Expires 07/31/2025)

Schaumburg Bank & Trust $300 Business Checking Bonus (Expired)

• What you’ll get: $300 bonus
• Where it’s available: IL
• How to earn it:
  • To qualify for the $300 bonus:
    •  Open a new Entrepreneur Checking account from January 1, 2021 through December 31, 20214
    • Let the bank teller you are aware of this Entrepreneur Checking account bonus offer at account opening
    • Maintain a minimum balance of at least $1,500.00 on each day of the last business day of the 2 consecutive calendar months after the calendar month your new account was opened
    • Complete 5 qualifying transactions, defined as ACH debit, ACH credit, wire transfer and debit card transactions, within the Qualification Period
    • Enroll in online banking and activate e-statements within the Qualification Period.
    • After you have completed all the above bonus qualifications, we will deposit the bonus payment into your new account within 30 calendar days after the Qualification Period.

How To Waive Monthly Fees

• Total Access Checking: No monthly fees
• Access Plus Checking: No monthly fees with set balance minimums
• Premier Checking: No monthly fees with set balance minimums
• Cubs Checking: None
• White Sox Checking: None
• Student Checking: None
• Platinum Preferred Checking: No monthly fees with set balance minimums
• DePaul Checking: None
• Northwestern Wildcats Checking: None
• Chicago Sky Checking: None
• Money Smart Checking: None
• Chicago Red Stars Checking: None
• Statement Savings: No monthly fees with $200 daily minimum balance
• Money Market: No monthly fees with set balance minimums
• Junior Savers Statement Savings: No monthly fees while under age 22
• MaxSafe Money Market: None
• Entrepreneur Checking: More than 75 transactions, require a $1,500 minimum average collected balance to avoid a $15 monthly fee
• Business Community Checking: Minimum average collected balance of $5,000, otherwise $15 monthly fee
• Have It All Business Checking: Minimum average collected balance of $20,000, otherwise $25 monthly fee

Author’s Verdict

If you reside in Illinois, checkout Schaumburg Bank & Trust and see what bonuses they are offering for their accounts. Bookmark this page to keep up with the latest bonuses from Schaumburg Bank & Trust.

For more current offers, check out our bank bonuses page. Compare Schaumburg Bank & Trust 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, Citibank, Discover Bank, CIT Bank, TD Bank, Huntington Bank, HSBC Bank, Wells Fargo and many more.

If you’re interested in another bank, check out our full list of the best bank promotions here.