North American Savings Bank Promotions: $50, $300 Checking, Referral Bonuses (Nationwide)

Available nationwide, find the latest North American Savings Bank promotions & bonuses here.

Update 1/7/25: There’s currently a $300 checking bonus available for a limited time along with a $50 referral bonus.

North American Savings Bank $300 Checking Bonus

• What you’ll get: $300 bonus
• Availability: Nationwide
• Direct Deposit Requirement: Yes (see what works)
• Credit Inquiry: Unknown
• Chexsystems: Unknown
• Credit Card Funding: None
• Monthly Fee: $8 waived with minimum average monthly balance of at least $1,500 is maintained
• Early Account Termination Fee: None
• Household Limit: None

(Limited time offer)

How To Earn Bonus

• Open a new Prosper Checking account with a minimum of $1,500 in new money AND set up ongoing direct deposits that total $3,000 or more during the first 90 days of opening.
• At the completion of 90 days from account opening, if you have completed the above requirements and your account is open and in good standing with a balance greater than zero, NASB WILL DEPOSIT THE $300 BONUS IN YOUR NEW ACCOUNT WITHIN 90 BUSINESS DAYS.

Fine Print

• $300 offer is valid for a new Prosper Checking account opened on or after September 27, 2024.
• It is not available to existing NASB personal checking customers (including trustees and primary owners on individual and joint accounts) or those who have closed a NASB personal checking account within the past 12 months or had accounts closed with a negative balance within the last three years.
• This offer is limited to one per customer and account (including trustees and primary owners on individual and joint accounts).
• This offer can be changed or canceled without notice and cannot be combined with any other offer.
• To receive the $300 Bonus: 1) Open a new NASB Prosper Checking account with a total deposit of $1,500 or more in new money 2) Account(s) subject to approval. 3) Set up and complete direct deposits totaling $3,000 or more into this account within the first 90 days of account opening. Your direct deposits must be electronic deposits of your paycheck, pension, or government benefits (such as Social Security) from your employer or the government.
• Deposits processed as a debit card credit or via Account to Account or Peer to Peer (e.g., Zelle ®, Venmo) transfers do not qualify. Micro-deposits (small deposits, typically less than $1, that are sent to your account to verify it is the correct account) do not qualify as a direct deposit for the bonus. 4) At the completion of 90 days from account opening, if you have completed the above requirements and your account is open and in good standing with a balance greater than zero, NASB WILL DEPOSIT THE $300 BONUS IN YOUR NEW ACCOUNT WITHIN 90 BUSINESS DAYS.
• THE $300 BONUS OFFER IS CONSIDERED INTEREST AND WILL BE REPORTED ON IRS FORM 1099-INT (OR FORM 1042-S, IF APPLICABLE).
• The enrolled account must not be closed or restricted during payout to receive this bonus.
• We may close your account without prior notice if your balance is zero.
• If you close the account within 90 days of opening, a $30 Account Closure Fee will be applied to your account.
• The bonus offer is effective as of 9/27/2024.

North American Savings Bank $50 Referral Bonus

Available nationwide, North American Savings Bank is offering a $50 bonus when you tell your friends and family to become a member at NASB.

• What you’ll get: $50 bonus, your friend gets $50 bonus
• Availability: Nationwide
• Direct Deposit Requirement: Yes, $100+ for 2 months.
• Credit Inquiry: Unknown
• Chexsystems: Unknown
• Credit Card Funding: None
• Monthly Fee: None
• Early Account Termination Fee: None
• Household Limit: None

(Limited time offer)

How To Earn Bonus

To qualify for the referral bonus,

• Your friend registers through your referral link
• Opens a new personal checking account and complete 2 Direct Deposits of $100 or more
• Complete a minimum of 2 debit card transactions (Excluding ATM transactions)
• Register for Online Banking

Once your friend registers for the referral offer using your personal referral link and completes an offer listed below, you will each receive a Visa® Reward Card.

Fine Print

• The person making the referral (Referrer) will earn a $50 Visa® Reward Card for each individual referred (Referred Person) to NASB who registers for the offer, opens a new NASB personal checking account (Advance, Thrive, or Prosper), and completes the requirements within the time specified in the offer.
• Money Market Checking accounts do not qualify. To make a referral, the Referrer must register for the program and share the offer with their friends, family, or coworkers.
• A Referrer may receive up to ten (10) Visa Reward Cards ($500 value) within a calendar year, but only one Referrer may receive a Visa Reward Card for each Referred Person who fulfills the requirements.
• Only one Visa Reward for each Referred Person, regardless of the number of accounts opened or Account Owners.
• The Referrer must not have closed an account within the past 90 days with a negative balance.
• Please allow 4-6 weeks after completion of all requirements for delivery of the Visa Reward Card.

Bottom Line

Don’t forget to check out our complete list of Bank Referrals and bank promotions list for all your banking needs!