A pretty sweet checking account promotion was just forwarded to us by BankVibe.com reader Evan. This offer comes from Hanmi Bank, out of California, and provides cash bonuses of up to $85 as well as 1,000 debit rewards points if you can meet their terms and conditions. You only need $100 to open one of these accounts, however, you will also need a $500 minimum daily balance or $1,000 average daily balance per statement cycle.

The bonus structure is set up in tiers so that you earn a portion of the cash per the completion of 3 steps. The details are as follows…

1) $15. Get a free checkbook worth $15.

2) $50. Receive $50 when you complete a direct deposit (either payroll, pension or other income).

3) $20. Earn $5 every time you make online bill payment- up to $20.*

PLUS: 1,000 point. Earn 1,000 debit reward points when you make 5 purchases with your Hanmi Bank debit card.

Terms and Conditions:

-California Branches ONLY

- Promotion subject to change at any time without prior notice.

- You must set up/activate & utilize the services within the first two (2) statement cycles from the date you open your account in order to qualify for the promotions. All cash bonuses (except reward points) will be credited to your account after the initial two statement cycles from the date you open your account.

- You will receive $5 per completed online bill payment, up to $20 during the first two statement cycles.

- You must activate and use your debit card at least 5 times during the first two statement cycles from the date you open your account. Reward points will be credited to your UChoose Rewards account. To view your points, you must visit uchooserewards.com to set up your username and password.

- It may take up to four statement cycles for the bonus to be credited to your account. Bonuses limited to one account per customer.

- You will receive 1099-Int form if the amount of bonus exceeds $10.

Visit their promotional page

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