Blog/Best Checking Bonuses/Old National Bank $300–$600 Checking Account Bonus (2026) - Review & Requirements

Old National Bank $300–$600 Checking Account Bonus (2026) - Review & Requirements

✓ Verified Aug 12, 2026; published end date 2026-10-30
By Nathaniel Booth2026-04-10Last updated 2026-08-04Bank Bonuses
CheckingBank BonusDirect DepositRegionalEasy ApprovalNo Monthly FeeTiered Bonus
Offer Details
Bonus Amount$300–$600
Account TypeChecking
Direct Deposit Required$12,000 total
Number of Deposits3
Deposit Window120 days
Bonus Posts In~60 days
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Affiliate disclosure: Fat Stacks Academy may earn a commission if you open an account through this link, at no additional cost to you.

Bank bonuses are taxable interest — expect a 1099-INT. See our bank bonus tax guide.

What Counts as Direct Deposit

Based on community data points and bank terms. Employer payroll is always the safest method. "Mixed" means some users report success but it is not guaranteed.

YES
Employer payroll or government benefit deposit
The only near-universal trigger — real payroll or SSA/pension/tax-refund, PPD-coded. 4 member reports of it working, none of it failing, last confirmed Jul 2026.
YES
Fidelity Cash Management ACH push
The #1 workaround pusher; codes payroll-like at most banks. 10 member reports of it working, 1 of it failing, last confirmed Mar 2026.
MAYBE
Chase Business (payroll ACH)
Payroll-coded ACH run from Chase Business checking — a sole prop does this legitimately as a Gusto owner's draw (never a fake W-2). 3 member reports of it working, 1 of it failing, last confirmed Jul 2026.
MAYBE
Charles Schwab ACH push
Historically strong; deteriorating at Chase/Huntington in early 2026. 5 member reports of it working, 2 of it failing, last confirmed Sep 2025.
MAYBE
Ally ACH push
Good but softening; fails at Chase. 1 member report of it working, 1 of it failing, last confirmed Nov 2025.
NO
PayPal ACH
NO
Venmo ACH
NO
Zelle
Source: our guide to what counts as direct deposit, verified per-bank against official terms and community data points (originally compiled with help from Doctor of Credit). Data points may change — always verify with the bank.

Overview

Old National Bank offers up to $600 for $12,000+ in DD over 4 months. The $300 tier at $3,500 DD is more achievable. Available in 9 Midwest states.

Who This Checking Bonus Is Best For

Midwest residents who can route $875+/month in direct deposits for 4 months. The $600 tier requires $3,000/month.

How to Maximize This Bonus

Open checking and route $3,500-$12,000 in direct deposits over 4 months. The window is generous at 120 days. The $300 tier at $3,500 DD is about $875/month.

Pros

+Up to $600 bonus
+120-day window is generous
+No monthly fee
+Available in 9 states

Cons

-$12,000 DD for top tier is high
-State-restricted

How This Compares to Other Bonuses

Similar to Associated Bank ($600) but based on DD volume rather than balance. Easier if you have high paycheck but not idle cash.

Frequently Asked Questions

Which states have Old National?

IA, IL, IN, KY, MN, WI, TN, ND, MI.

Related Bonus Reviews

Associated Bank $300–$600 Checking Account Bonus (2026) - Review & Requirements

Full Requirements

Open an ONB Preferred Checking or ONB Everyday Checking account, then make three or more qualifying direct deposits totalling at least $12,000 within the first four months of opening, and keep a balance above zero when the bonus is processed. A qualifying deposit is a recurring ACH direct deposit that arrives electronically from an employer or a government agency, such as a paycheck, pension, Social Security or another government benefit. Teller deposits, ATM deposits, mobile check deposits, micro deposits, internal transfers, external transfers, wires, debit card transfers and peer to peer services do not count. The bonus lands between 110 and 140 days after opening. There is a lower rung at $300 if you can only reach $3,500 in direct deposits over the same four months. Offer expires October 30, 2026.

Fees

Monthly Fee$0

No monthly fee.

ChexSystems & Credit Pull

Chex SensitivityLow
Hard PullNo
Soft PullYes

Low ChexSystems sensitivity.

Eligibility

AvailabilityIA
Lifetime LimitYes

New checking customers only.

Apply

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Affiliate disclosure: Fat Stacks Academy may earn a commission if you open an account through this link, at no additional cost to you.

Sources (2)

We last checked this against the bank's page on August 12, 2026.

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The Direct Deposit Cheat Sheet

What actually counts as a direct deposit at 53 banks. Fidelity, Schwab, ACH pushes, all in one printable table, verified.

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Affiliate Disclosure

Fat Stacks Academy may earn a commission when you open an account through links on this page, at no additional cost to you. Commissions do not influence our reviews — we verify offer terms directly with each bank before publishing and do not accept paid placement in our rankings. Bonus offers, requirements, and fees are determined by each financial institution and may change at any time. Always verify the current terms directly with the bank before applying. This content is for informational purposes only and does not constitute financial advice.

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