Stack Up to $1,200 with Zions Bank's Triple-Threat Bonus Offer

If you live in Idaho, Utah, or Wyoming and have some cash to park, Zions Bank is running a promotion that could put up to $1,200 in your pocket. It's not a single bonus but a trio of opportunities tied to their premium Gold Checking account. You can earn money from direct deposits, a linked money market account, and even an investment account with Zions Wealth. Let's break down how each piece works so you can decide if it's worth your time.

The $350 Direct Deposit Bonus – Straightforward but Requires Some Planning

To unlock the first chunk, you'll need to funnel at least $7,500 in qualifying direct deposits into your new Gold Checking account within the first 90 days. That's a good chunk of change, but if you have a regular paycheck or recurring income like a pension, it's doable. Just remember: transfers from another Zions account or peer-to-peer services like Venmo and Zelle don't count. Stick to payroll or government benefits for surefire qualification.

The Money Market Bonus – A Steady $350 for Letting Your Cash Sit

Next up is a bonus tied to a new Zions Bank Money Market account. You'll need to open it with fresh money (not transferred from an existing Zions account) and keep a $25,000 average daily balance over the first 90 days. That's a decent chunk of cash, but if you have it sitting in a savings account elsewhere, moving it over could earn you $350. Just be aware that money market rates at Zions aren't the highest out there, so weigh the bonus against potential lost interest.

The Investment Account Bonus – For Those with Serious Assets

This is the big one, but it's also the most demanding. By opening a new Zions Wealth investment account and funding it with new money, you can earn up to $500. The bonus tiers are: $125 for an average balance of $50,000, $250 for $150,000, and $500 for $250,000. The average is calculated over a 90-day period after the account has been open for 120 days. So you'll need to commit for a few months. Also, this is an investment account, so there's market risk. The cash reward goes into your Gold Checking, not the investment account.

What to Watch Out For

A few gotchas: First, you must open the Gold Checking account online through this specific offer page. If you leave the page, visit a branch, or call, the offer may disappear. Second, the bonuses are taxable – Zions will likely send you a 1099-INT. Third, the $15 monthly fee can eat into your bonus if you don't maintain the minimum balance. And finally, the account must stay open for at least six months, or you could face a closure fee. Plan accordingly.

Bottom Line

• You can earn up to $1,200 by completing all three bonuses, but each has its own requirements and timelines.
• The direct deposit bonus is the easiest for most people; the money market and investment bonuses require significant balances.
• Keep the Gold Checking open for at least six months to avoid early termination fees.
• Remember that bonuses are taxable income – don't spend it all before tax season.

Common Questions