Offer Details
Written by: RJ
Requirements
- Open a new savings account
- Promo code ‘Alex’
- Deposit $5k within 20 days of opening
- Maintain balance for 150 days
- Bonus posts within 30 days of completion
Eligibility
- Nationwide
- New customers only
- Customers who have previously received a promotional bonus from 316 Financial are not eligible for this offer
Fees
- 316 savings account is fee free
Account Closure
- No rule listed
Chex
- Yes
Valid through: 6/7/26
First reported by DoC
Thoughts
Interest savings is at 4.05% APY at the time of writing. We saw this offer pop up momentarily a week or so ago. At the time it was a 90 day hold. I assume this will get pulled fast as well.
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Editorial Note:
Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, vendors or companies, and have not been reviewed, approved, or otherwise endorsed by any of these entities.
With over 15 years of experience in financial services and more than 5 years creating financial content on YouTube, RJ is the creator behind RJ Financial, Run on the Bank, and Profitable Content.
A self-proclaimed credit card degenerate, he covers credit card rewards, bank promotions, welcome bonuses, and the latest financial news. His approach is simple: cut through the marketing hype, highlight profitable opportunities, and help readers make the banks’ money their money.