Your money deserves more

^{260} *As used here “month” does not refer to a calendar month, but instead refers to the monthly statement cycle for the Account. For additional detail, see #1 below.

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 October 21, 2024 and December 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 http://www.simmonsbank.com/cash-offer-SBC.

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 October 21, 2024 and December 31, 2024.
• Second, enroll in Online Banking and access the Account via the Simmons Bank Mobile app or on our website at 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
    1. Receive one (1) or more qualifying direct deposits in your Account totaling at least $5,000 during the statement cycle.^{263}
  • Tier 2 – Earn $100 for each statement cycle
    1. Receive one (1) or more qualifying direct deposits in your Account totaling at least $1,000 during the statement cycle.^{263}

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.

^{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.

^{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 20^th of one (1) month and runs through the 19^th of the following month. The statement cycle for Classic Checking begins on the 10^th of one (1) month and runs through the 9^th of the following month. The statement cycle for Coin Checking begins on the 20^th of one (1) month and runs through the 19^th of the following month.

^{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™.

^{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.