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

By Nathaniel Booth2026-04-10Bank 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
Hard$12,000 of direct deposit
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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.

At a Glance
Requirements
  • Direct deposit: $12,000 in qualifying direct deposits
  • Deposit window: 120 days
  • Bonus tiers
    • $300 with $3,500 in direct deposits
    • $600 with $12,000 in direct deposits
Eligibility
  • Availability: 9 states: IA, IL, IN, KY, MN, WI, TN, ND, MI
  • Lifetime limit: one bonus per customer
  • ChexSystems sensitivity: Low
  • Credit pull: soft pull only
Fees
  • Monthly fee: $0 — No monthly fee.
  • No early-closure rule listed
Payout & closure
  • Bonus posts: ~60 days
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Valid through October 30, 2026
Bank bonuses are taxable interest — expect a 1099-INT. See our bank bonus tax guide.

What Counts as Direct Deposit

28 reports across 2 sources. Last report Jul 9, 2026. Doctor of Credit comments 27, other public posts 1.

Employer payroll is always the safest method. "Maybe" means some people report it working and it is not guaranteed. Open a row to see the individual reports.

YESFidelity Cash Management ACH push11 reports · 10 worked · 1 failed · last report Mar 17, 2026The #1 workaround pusher; codes payroll-like at most banks. 10 member reports of it working, 1 of it failing, last confirmed Mar 2026.
4 most recent reports
YESEmployer payroll or government benefit deposit4 reports · 4 worked · last report Jul 9, 2026The 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.
4 most recent reports
MAYBECharles Schwab ACH push7 reports · 5 worked · 2 failed · last report Sep 6, 2025General note: Historically strong; deteriorating at Chase/Huntington in early 2026. 5 member reports of it working, 2 of it failing, last confirmed Sep 2025.
2 most recent reports
MAYBEChase Business (payroll ACH)4 reports · 3 worked · 1 failed · last report Jul 9, 2026General note: 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.
4 most recent reports
NOPayPal ACHFrom the bank published terms and our own checks
NOVenmo ACHFrom the bank published terms and our own checks
NOZelleFrom the bank published terms and our own checks
MAYBEAlly ACH push2 reports · 1 worked · 1 failed · last report Nov 26, 2025General note: Good but softening; fails at Chase. 1 member report of it working, 1 of it failing, last confirmed Nov 2025.
2 most recent reports
How we know
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... Source

The reports come from Doctor of Credit comment threads, public Reddit posts, and members who told us what happened to their own deposit. Each one is dated where the person gave a date. Read how we check offers.

Reports are attached to the offer, never to your name. Members can log one from their account instead.

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 change, so always verify with the bank.

Overview

Old National Bank is currently offering a tiered checking bonus paying up to $600. Each rung has its own requirement: $300 with $3,500 in direct deposits; $600 with $12,000 in direct deposits. The eligible account has no monthly maintenance fee documented in the catalog.

Pros

+$600 cash bonus
+No monthly maintenance fee
+No documented hard credit pull
+120-day qualification window

Cons

-Geographic restrictions apply
-Lifetime or one-bonus-per-customer language applies

Notes

Receive $12,000+ in direct deposits within 120 days. The amount you are paid depends on which rung you complete: $300 with $3,500 in direct deposits; $600 with $12,000 in direct deposits. Allow approximately 60 days for the bonus to post after qualification.

How This Compares to Other Bonuses

Old National Bank's $600 offer is closest in headline value to BMO's $600 checking bonus. Compare the direct-deposit requirement, geographic eligibility, fees, approval sensitivity, and payout timing, not only the advertised amount.

Frequently Asked Questions

What is the current Old National Bank checking bonus?

Old National Bank currently advertises up to $600, across 2 rungs that each ask for something different: $300 with $3,500 in direct deposits; $600 with $12,000 in direct deposits.

Does the Old National Bank bonus require direct deposit?

Yes. The catalog currently records $12,000 in qualifying direct deposits within 120 days. Confirm the bank's exact definition before applying.

When should the Old National Bank bonus post?

The tracked estimate is about 60 days after you satisfy the requirements.

Related Bonus Reviews

Regions Bank $400 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

Availability9 states: IA, IL, IN, KY, MN, WI, TN, ND, MI
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 September 8, 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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