Southeast Bank is offering a $250 bonus to new customers who open a checking account. Here's the catch (there's always a catch, right?): You need a Tennessee mailing address, and you'll need to deposit at least $4,000 within 30 days of opening the account and maintain a positive balance for 60 days. Plus, you have to jump through a few hoops to earn a decent interest rate, which involves enrolling in eStatements and making at least 15 debit card purchases of $1 or more within a statement cycle. So, why should you care? Well, $250 is a decent chunk of change for a little effort. If you're a Tennessee resident and already use debit cards regularly, this could be an easy win. Just remember that bank bonuses are considered income, so Uncle Sam will want his cut come tax time. The offer is valid until August 31, 2022, so act fast if you're interested. Keep in mind that Southeast Bank is "ChexSystems sensitive," which could be a hurdle if you've had issues with bank accounts in the past. No monthly fees if you avoid paper statements.