Read on to learn more about Busey Bank promotions, bonuses and offers.
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.
About Busey Bank Promotions
For over 150 years, Busey Bank has been supporting the arts, advocating for youth and helping those in need. They are proud to give back to their communities.
We will review the current Busey Bank promotions below.
Busey Bank $300 Checking Bonus
Busey Bank is offering a $300 bonus when you open a new qualifying checking account and meet certain requirements.
- What you’ll get: $300 bonus
- Account Type: Checking Account
- Availability: IL (Bank Locator)
- Direct Deposit Requirement: Yes (see what works)
- Credit Inquiry: Unknown
- ChexSystems: Unknown
- Credit Card Funding: Unknown
- Monthly Fees: None
- Early Account Termination Fee: None listed
- Household Limit: None listed
(Expires 04/15/2025)
BMO Smart Money Checking ($350 cash bonus) | BMO Smart Advantage Checking ($350 cash bonus) |
Bank of America ($300 bonus offer) | Chase Total Checking® ($300 bonus) |
KeyBank Key Smart Checking ($300 bonus) | SoFi Checking and Savings ($325 bonus) |
First Tech Rewards Checking ($300 bonus) |
How To Earn Bonus
- 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
- Offer valid through April 15, 2025 and is available only for Foundation Checking or Pillar Banking accounts opened online when using the unique offer code (TAXREFUND) and who qualify as outlined below. All accounts subject to approval.
- You will not qualify for the $300 credit if you are an existing Busey personal checking account customer, you are a Busey Bank employee OR had a previous personal checking account that was closed within the preceding 12 months OR have received a prior personal checking account incentive at any time. To receive the $300 credit, you must 1) open a new Busey Pillar Banking or Foundation Checking account online; AND 2) complete each of the following by May 31, 2025 of account opening: Set up cumulative ACH Tax Refund into this account, activate and use your Busey Debit Mastercard for at least 3 transactions, and enroll in online banking with eStatements.
- Your ACH needs to be an electronic deposit from the government. Person-to-Person and bank transfers between your Busey accounts are not considered a Tax Refund. The $300 will be credited into your new account within 10 business days of the following month after completing each of the qualifying activity requirements. To receive the credit, your checking account must be open and in good standing. No minimum balance required in the account to obtain the credit. Bonus is considered interest and will be reported on IRS Form 1099-INT (or other appropriate from). Please consult with your tax advisor.
- Foundation Checking Account: Minimum deposit to open the account is $100.00.
Busey Bank $300 Up to $500 Closing Credit (Expired)

Busey Bank $300 Up to $500 Closing Credit
Busey Bank is offering a $300 Up to $500 Closing Credit when you open a new qualifying checking account and meet certain requirements.
- What you’ll get: Up to $500 bonus
- Account Type: Personal Checking Account
- Availability: IL (Bank Locator)
- Direct Deposit Requirement: Yes
- Credit Inquiry: Unknown
- ChexSystems: Unknown
- Credit Card Funding: Unknown
- Monthly Fees: None
- Early Account Termination Fee: None listed
- Household Limit: None listed
(Limited time offer)
BMO Smart Money Checking ($350 cash bonus) | KeyBank Checking ($300 bonus) |
Chase Private Client ($3,000 Bonus) |
How To Earn Bonus
To earn the $300 bonus:
- In addition to your VA Mortgage Loan, open a new Pillar Banking checking account with payroll direct deposit and two other beneficial services like bill pay, a savings or money market account, or automated loan payment and receive a special $300 account opening bonus.
To earn the $500 bonus:
- Obtain a home mortgage loan with Busey and open a new Busey checking account
- Set up the following service on your Busey checking account: Payroll or Government Direct Deposit
- Then finish your Relationship Pack by adding two additional services from the list: Bill Pay, Busey Automated Loan Payment, Money Market Account, Regular Savings
- Various terms and conditions.
- Click on button to see all terms and conditions.
Busey Bank $1,000 Bonus *Expired*

Earn a $1,000 bonus when opening a checking account at Busey Bank and competing certain requirements.
Busey Bank is offering a $1,000 bonus when you open a new qualifying checking account.
- What you’ll get: $1,000 bonus
- Account Type: Personal Checking Account
- Availability: IL
BMO Smart Money Checking ($350 cash bonus) | KeyBank Checking ($300 bonus) |
Chase Private Client ($3,000 Bonus) |
How To Earn Bonus
- Open a personal checking account
- Complete the $100 opening deposit
- Set up Bill Pay and eStatements
- Set up a direct deposit to the account each month
- Bonus is paid as $250 every 90 days, maximum of $1,000 per customer and household.
- Bonus is considered interest and will be reported on IRS Form 1099-INT.
- Lack of required bill pay, average monthly balance or direct deposit transactions will disqualify payment of bonus.
- Bonus will be deposited into qualifying account only and must be open for payment of account bonus.
- Offer valid for new retail customers and households in Indianapolis market service area only.
- Busey employees are ineligible for this account promotion.
How To Waive 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
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Bottom Line
This bonus at Busey Bank offers a wide variety of account features to help you in any situation. I would recommend opening the easy Checking account to avoid any potential monthly service fees, to help you keep you money!
Your feedback is highly appreciated and makes our site even better!
While they have a generous $1,000 bonus, Busey Bank doesn’t have great rates for CDs and Savings. You may want to check out our full list of Bank Rates and CD Rates.
Compare Busey Bank Promotions with other bank bonuses from banks like Citi, Huntington, HSBC, Chase, TD, Discover Bank, Aspiration, Axos Bank, PNC Bank, BMO, SoFi, Fifth Third Bank, Bank of America, Wells Fargo, US Bank, and more!
*Check back at this page for updated Busey Bank promotions, bonuses and offers.
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