Eligible checking accounts
Open a Coin Checking, Classic Checking or Simply Checking account to take advantage of this offer.
Coin Checking
(Checking account only)
It's the digital checking account that's designed for your world.
- $0 to get started with up to 45 days to fund your account{181}
- $0 monthly service charge
- Get your paycheck up to 2 days early with Early Payday{213}
- Pair with Coin Savings for additional savings benefits{201}
Promo code will be automatically applied when you click the Open Now button on this page. Open Now buttons on other pages will not generate a promo code.
Classic Checking
Traditional, straightforward banking for those who keep a low-to-average balance.
- Standard checks included at no cost
- $100 minimum balance to open
- $6 monthly service charge; waived if you maintain a $500 daily balance or a $1,000 average monthly balance
Promo code will be automatically applied when you click the Open Now button on this page. Open Now buttons on other pages will not generate a promo code.
Simply Checking
Keep it simple with an account that is perfect for people on the go.
- Great for first-time account holders
- $50 minimum balance to open
- $0 monthly service charge
Promo code will be automatically applied when you click the Open Now button on this page. Open Now buttons on other pages will not generate a promo code.
Eligible locations
This offer is currently available in our Middle-Tennesse market at the branches below:
Great features that help you save money and time.
Save a trip to the bank. Deposit checks from your smartphone or tablet anytime, anywhere with no charge.{16}
Round up your purchases to the next whole dollar amount and we'll deposit the difference in a second account of your choice.{21}
Early Payday
Get direct deposits up to two days early with Early Payday.{213}
Contactless debit card
Tap to pay for fast, easy and secure checkout using your contactless Simmons Visa debit card.
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{260} Bonus
Eligible Customers who open a new Simmons Bank Classic Checking, Coin Checking, or Simply Checking account (an “Account”) online or at an eligible branch between September 12, 2024 and October 31, 2024, and complete qualifying activities will receive up to three (3) cash bonuses (each a "Bonus") (not more than one (1) per statement cycle), of up to a total of $900 credited to the Account.
Eligibility
- “Eligible Customers” (1) are at least eighteen (18) years old; (2) must furnish or have a valid Form W-9 on file with Simmons Bank and may not be subject to backup withholding; (3) may not have an existing Simmons Bank consumer checking account and may not have had an open Simmons Bank consumer checking account in the twelve (12) months prior to Account opening; and (4) must have received a specified promo code (by mail, email, phone or otherwise) and use the promo code at Account opening.
- The Account must be opened at an eligible branch or online using the specified promo code. View a list of eligible branches or open the Account online at www.simmonsbank.com/cash-offer-SBO.
Qualifying Activities
To receive a Bonus, Eligible Customers must:
- First, open a new Classic Checking, Coin Checking or Simply Checking account online or at an eligible branch between September 12, 2024 and October 31, 2024.
- Second, enroll in Online Banking and access the Account via the Simmons Bank Mobile app or on our website at www.simmonsbank.com in the first statement cycles and again within ninety (90) days after the Account Opening Date.
- Third, maintain the Account as open and in good standing (as determined by Simmons Bank) from the date the Account is assigned an account number ("Account Opening Date") until the Bonus is awarded.
- Fourth, meet all requirements for one of the following Bonus tiers during one (1) (or more) of the first four (4) statement cycles after the Account Opening Date. A maximum of three (3) Bonuses may be earned within the first four (4) statement cycles after the Account Opening Date.
- Tier 1 – Earn $300 for each statement cycle
- Receive one (1) or more qualifying direct deposits in your Account totaling at least $7,500 during the statement cycle.{263}
- Tier 2 – Earn $100 for each statement cycle
- Receive one (1) or more qualifying direct deposits in your Account totaling at least $2,000 during the statement cycle.{263}
- Tier 1 – Earn $300 for each statement cycle
Timing of Bonus:
Each Bonus will be credited to the Account on the statement date for the statement cycle in which the Bonus was earned.
Limitations:
An Account will only be eligible for a Bonus during the first four (4) statement cycles{261} after the Account Opening Date. A maximum of one (1) Bonus may be earned within any one (1) statement cycle. A maximum of three (3) Bonuses will be available for an Account per Eligible Customer.
This offer cannot be used in combination with any other promotion (the Refer-A-Friend Program is excluded from this limitation). Simmons Bank reserves the right to limit an Eligible Customer to $900 in Bonuses per rolling twelve (12) month period across all deposit relationships.
IMPORTANT TAX INFORMATION:
Each Bonus will be reported to the IRS as interest income to the owner of the Account, in the year received, as required by applicable law. Bonus payments will be reported on IRS Form 1099-INT, along with other interest you earn at Simmons Bank, for the year received. Customer is responsible for any applicable taxes and consulting a tax advisor. Simmons Bank is not a tax advisor.
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{263} Qualifying direct deposits are electronic automated clearinghouse (ACH) deposits of your paycheck, pension, or government benefits (such as Social Security) from your employer or the government. Non-qualifying direct deposits include person to person payments (such as Zelle, Venmo, Paypal, or others), bank, or other electronic money transfers, such as those made through internet payment services.
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{261} The four (4) statement cycles will begin with the first statement cycle after the Account Opening Date. In the event you open your Account in the middle of a statement cycle, the first statement cycle will be the partial statement cycle that includes the Account Opening Date. The statement cycle for Simply Checking begins on the 20th of one (1) month and runs through the 19th of the following month. The statement cycle for Classic Checking begins on the 10th of one (1) month and runs through the 9th of the following month. The statement cycle for Coin Checking begins on the 20th of one (1) month and runs through the 19th of the following month.
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{16} Data connection required. Wireless carrier fees may apply. Mobile deposit is available to Simmons Bank online and mobile banking customers who are at least 18 years of age and have the most recent Simmons Bank App for iPhone®, iPad®, or Android™.
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{21} Available for personal accounts only.
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{213} Early Payday applies to direct deposit and other Automated Clearing House (ACH) deposit transactions, and is dependent on when the payer’s payment instructions are received by Simmons Bank. Simmons Bank will generally make funds from these deposits available the same day payment instruction is received or two days before the listed effective date of the payment, whichever is later. Simmons Bank reserves the right to terminate or change this practice without any notice to you and to place any restrictions or limits Simmons Bank deems necessary.