Hawthorn Bank's $300 Checking Bonus: A Solid Midwest Deal (But Read the Fine Print)

If you're in Missouri or Kansas and looking for a straightforward checking account bonus, Hawthorn Bank has an offer that might catch your eye. They're dangling $300 for new customers who open a qualifying account and meet some basic requirements. It's not the flashiest bonus out there, but for a regional bank, it's a decent chunk of change. Let's break down exactly what you need to do to get that money, and more importantly, what might trip you up.

How to Actually Get Your $300

The process is pretty standard for bank bonuses, but you have to follow each step carefully. First, you need to physically visit a Hawthorn Bank branch in Missouri or Kansas. This isn't an online application, so geography is your first hurdle.

When you're there, you must open one of their qualifying checking accounts. The official page lists Platinum Interest Checking, Loyalty Checking, Elite Checking, and Free Checking as eligible. This is crucial: you have to verbally mention the promo code '2026Cash300' to the banker helping you. If you forget, you likely won't get the bonus, so say it loud and clear.

Once the account is open with at least $25, the clock starts. You have 90 days to receive two separate direct deposits that add up to $500 or more. A single deposit of $500 won't cut it—it needs to be at least two transactions. Think payroll, government benefits, or pension payments. Keep the account in good standing (don't let it go negative) and don't close it during this period.

Choosing the Right Account for You

Not all checking accounts are created equal, even when they all qualify for the bonus. Your choice here affects your monthly experience after you pocket the $300.

The 'Free Checking' account is, well, free. No monthly fees, no minimum balance. It's the simple, no-frills option. The 'Loyalty Checking' account has an $8 monthly fee, but it comes with some perks like cash-back rewards and identity theft protection. You can waive that $8 fee if you maintain a $5,000 minimum daily balance.

The 'Platinum Interest Checking' also has an $8 fee (waivable with a $5,000 balance) but can earn interest—up to 3.01% APY on balances under $25,000 if you make 18+ debit purchases and a direct deposit each month. The 'Elite Checking' is for those 50+ and also has an $8 fee, waivable with a $5,000 balance, but includes free paper statements.

My advice? Unless you plan to park $5,000 in the account or really want the specific perks, the Free Checking account is probably the most hassle-free path to the bonus.

Potential Pitfalls and Things to Watch

A few details here could easily derail your bonus if you're not careful. First, the branch requirement is a big one. If you don't live or work near a Hawthorn branch in Missouri or Kansas, this offer is a non-starter.

Second, mind the timeline. The bonus doesn't hit your account immediately after you complete the direct deposits. You must wait for the full 90-day qualification period to end. Only then does the bank start its 2-to-6-week processing clock. We're talking about potentially four months between opening the account and seeing the money.

Also, note the early closure fee. If you shut the account down within the first 90 days, they'll charge you $25. And if your account hits a zero balance at any point, they'll close it, you'll forfeit the bonus, and you might still get that fee. The terms clearly state you must keep the account 'in good standing.'

Finally, this is only for brand-new checking customers. If you've ever had a Hawthorn Bank checking account before, you're not eligible. It's also worth checking if they pull your ChexSystems report (a banking history report) during approval, which is common.

Bottom Line

• A $300 bonus is a strong offer for a regional bank, but it requires an in-person branch visit in MO or KS.
• The Free Checking account is the simplest way to earn the bonus without worrying about monthly fees.
• Timing is everything—plan for up to 4+ months from account opening to receiving your bonus.
• Absolutely do not forget to mention the promo code '2026Cash300' during your application.

Common Questions