Blog/Best Checking Bonuses/PyraMax Bank $300 Checking Account Bonus (2026) - Review & Requirements

PyraMax Bank $300 Checking Account Bonus (2026) - Review & Requirements

✓ Verified Aug 16, 2026 (no published end date)
By Nathaniel Booth2026-04-10Last updated 2026-08-16Bank Bonuses
CheckingBank BonusDirect DepositRegionalNo Monthly Fee
Offer Details
Offer code — enter at signupWELCOME300
Bonus Amount$300
Account TypeChecking
Direct Deposit RequiredYes
Min Per Deposit$300
Deposit Window60 days
Keep Account Open90 days
Cooldown3 months
Open account →

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
The safest method — always codes as a direct deposit.
YES
Government benefits (SSA, pension, unemployment)
MAYBE
Fidelity ACH push
The most reliable workaround — Fidelity sends properly DD-coded ACH that triggers at most banks. Worth trying first.
MAYBE
Ally / Alliant ACH push
DD-coded ACH that works at many banks; confirm for this one.
MAYBE
Schwab ACH push
Inconsistent across banks — use payroll or Fidelity if you can.
NO
PayPal / Venmo / Cash App ACH
Usually code as P2P, not direct deposit. A few very lenient banks (Citi, Capital One) are exceptions.
NO
Zelle
Codes as P2P at nearly every bank.
NO
Wire transfer
NO
Mobile check / cash deposit
NO
Transfer from your own account at the same bank
Internal transfers never count.
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

PyraMax Bank is currently offering a $300 checking bonus. The core requirement is a qualifying direct deposit of $300 or more within 60 days. The eligible account has no monthly maintenance fee documented in the catalog.

Who This Checking Bonus Is Best For

Applicants who can safely route a qualifying direct deposit of $300 or more within 60 days without disrupting higher-value offers, and who meet every geographic and prior-customer restriction.

How to Maximize This Bonus

Enter promo code WELCOME300 during application. Make a single direct deposit of $300 or more within 60 days. Keep the account open and in good standing until the bonus posts. Keep the account open for at least 90 days.

Pros

+$300 cash bonus
+No monthly maintenance fee
+No documented hard credit pull
+60-day qualification window

Cons

-Geographic restrictions apply
-No published end date; terms can change without notice

How This Compares to Other Bonuses

PyraMax Bank's $300 offer is closest in headline value to PSECU's $300 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 PyraMax Bank checking bonus?

PyraMax Bank currently advertises $300. The principal requirement is a qualifying direct deposit of $300 or more within 60 days.

Does the PyraMax Bank bonus require direct deposit?

Yes. The catalog currently records a qualifying direct deposit of $300 or more within 60 days. Confirm the bank's exact definition before applying.

When should the PyraMax Bank bonus post?

The bank does not provide a dependable posting estimate in our current record, so keep the account open until payment arrives.

Full Requirements

Open a new Simply Cash Back Checking account online with a minimum initial deposit of $25 and enter promo code WELCOME300. Set up a recurring direct deposit of at least $300 a month and have the first one arrive within 60 days of opening the account, then keep it running. Once the account has been open for 90 days and has met the account conditions, the $300 bonus is deposited into your checking account. Apply online.

Fees

Monthly Fee$0

No monthly maintenance fee and no minimum balance requirement on Simply Cash Back Checking.

ChexSystems & Credit Pull

Chex SensitivityUnknown
Hard PullNo

ChexSystems / credit-pull policy not officially stated.

Eligibility

AvailabilityWI
Lifetime LimitNo

PyraMax Bank (Greenfield, Wisconsin, six branch locations). You can also open at a branch and mention the promotion there instead of entering the code online. Confirm the promotion is still running before you apply, because the terms printed on the offer page still carry an older end date. Not available on HSA checking accounts. Limit one per household, and you cannot have held a PyraMax checking account in the past 90 days. Employees of PyraMax Bank and their immediate family are not eligible. The bank is separately running a Simply Cash Back Checking offer of two Wisconsin State Fair tickets through August 16, 2026, and offers cannot be combined.

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 (3)

We last checked this against the bank's page on August 16, 2026.

Historical Promotions

tracked since 2025-07-20
$300$300 DD / 90dall-time highcurrent
~2026-06-14current
$300per DoCall-time high
~2025-10-112025-10-11
$130per DoC
~2025-07-202025-07-20

The current $300 is the highest we've tracked since July 2025.

2025-10-11: bonus increased $130$300
Track This Bonus in Stacks OS

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Stacks OS also tells you which bonus to do next for YOUR paycheck.

Bonus tracking is included in the free plan.
🔒
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.

Free. Unlocks instantly here and arrives by email.
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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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