Old National Bank Everyday Checking review

Old National Bank pays one of the largest direct deposit bonuses we found, but only for people who live in its area and earn enough to meet it. New personal checking customers who open an ONB Everyday or Preferred Checking account with $50 between 2/3/2026 and 12/31/2026 earn $300 for three or more qualifying direct deposits totaling at least $3,500 within the first four months, or $600 for deposits totaling at least $12,000. The four-month window counts calendar months, starting with the month you open. Online opening is limited to residents of Iowa, Illinois, Indiana, Kentucky, Michigan, Minnesota, North Dakota, Tennessee and Wisconsin; others must visit a banking center. Everyday Checking has a $6.95 monthly service charge, waived with $500 in total monthly direct deposits or a $500 daily balance. Transfers between banks, Zelle and mobile deposits do not count toward the bonus.

Who it is for

residents of its nine online states with large paychecks

Price

Up to $600 bonus; $6.95 monthly service charge or $0.

Monthly Service Charge: $6.95 OR $0 when you have $500 in total monthly direct deposits OR maintain a Daily Balance of $500
Quoted from the vendor pricing page on November 14, 2026.

Key features

• $600 bonus for 3+ direct deposits totaling $12,000 within four months
• $300 bonus for 3+ direct deposits totaling $3,500 within four months
• Open an ONB Everyday or Preferred Checking account with $50 by 12/31/2026
• Online opening for residents of nine states, including Illinois, Indiana and Michigan
• $6.95 monthly service charge, or $0 with $500 in monthly direct deposits

Strengths and weaknesses

• Strength: $600 is the largest direct deposit bonus here
• Strength: Four months to complete the deposits
• Strength: Low $6.95 fee, waived with $500 in monthly direct deposits
• Weakness: $12,000 in direct deposits is needed for the full $600
• Weakness: Online opening limited to nine states
• Weakness: Offer closes 12/31/2026

Key facts

• Bonus: $300 or $600
• Requirement for $600: 3+ direct deposits totaling $12,000 in four months
• Monthly fee: $6.95 or $0
• Deadline: Open by 12/31/2026

Where it ranks

Old National Bank Everyday Checking is No. 6 in our Best Bank Bonuses verdict.