Byline Bank $450 Checking Bonus Offer Returns Through Nov 2026

Qualifying direct deposits include ACH credits from employers, government benefits, and tax refunds. Non-qualifying transactions include teller deposits, wire transfers, ATM deposits, debit card credits, transfers from other bank or brokerage accounts, and peer-to-peer transfers like Zelle or Venmo. The bank reserves the right to request documentation proving a deposit qualifies.

There is a $5 monthly fee if the customer does not meet certain requirements, though the bank did not specify which requirements trigger the fee. An early account termination fee of $25 applies if the account is closed within six months. The bonus may be reported to the IRS as interest or income, and the customer is responsible for any taxes.

Byline Bank can change or cancel the offer without notice. It cannot be combined with other offers. If the account balance reaches zero, the bank may close the account. A defaulted or closed account before the bonus is paid forfeits the bonus.

This offer is significantly better than the bank's previous $150-plus-$150 bonus structure. The mailer language, however, keeps it from being a universal deal. Customers who received a mailer should act before Nov. 30.