ReportWire

Tag: direct deposit not required

  • CIT Bank $100 Checking Bonus, Direct Deposit Not Required (New & Existing Users) – Doctor Of Credit

    [ad_1]

    Update 9/4/25: Available again, not entirely sure why this was marked as expired. 

    Offer at a glance

    • Maximum bonus amount: $100
    • Availability: Nationwide
    • Direct deposit required: No
    • Additional requirements: See below
    • Hard/soft pull: Soft
    • ChexSystems: Yes  (comments here suggest they might be Chex sensitive)
    • Credit card funding: None
    • Monthly fees: None
    • Early account termination fee: None
    • Household limit: None
    • Expiration date: None

    The Offer

    Direct link to offer

    • CIT Bank is offering a $100 bonus when you open a new checking account and complete the following requirements:
      • Use promo code EC2025
      • Deposit at least $2,500 or more within 30 days

    The Fine Print

    • See full terms here
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    This account has no monthly fees to worry about.

    Early Account Termination Fee

    This account has no monthly fees to worry about.

    Our Verdict

    Always nice to see an easy bonus like this. CIT Bank frequently has savings offers, it’s also nice that this works for existing eChecking account holders. We will add this to our best bank account bonuses.

    Hat tip to ShawntheShawn

    Useful posts regarding bank bonuses:

    [ad_2]

    William Charles

    Source link

  • Grasshopper $200 Business Checking Referral Bonus – Doctor Of Credit

    [ad_1]

    Offer at a glance

    • Maximum bonus amount: $200
    • Availability: Nationwide
    • Direct deposit required: None
    • Additional requirements: See below
    • Hard/soft pull: Soft pull
    • ChexSystems: Doesn’t pull
    • Credit card funding: None
    • Monthly fees: None
    • Early account termination fee: Bonus forfeit, 150 days
    • Household limit: None
    • Expiration date: None listed 

    The Offer

    No direct link to offer, use this link and then on the final page of the application enter your referral code. (this link is the terms)

    • Grasshopper Bank is offering a $200 referral bonus to both parties when the person signing up for an account has a $2,000 balance on day 90

    The Fine Print

    • Full terms here.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    This account has no monthly fees to worry about.

    Early Account Termination Fee

    Grasshopper Bank also reserves the right to reverse the bonus if a New Client closes their Innovator Business Checking Account within 150 days of opening it

    Our Verdict

    There was a $300 bonus but that required a $10,000 deposit for days 31-90. This $200 bonus is comparable when you factor that you don’t need to tie up funds for that long and can have them in a high yield account. Obviously it’s a better deal if you’re referring/being referred by a spouse where you get $400 total. Do not share your referrals in the comments below, instead you can share them in this linked post. We will add this deal to our best business checking bonuses. 

    Hat tip to reader favo

    Useful posts regarding bank bonuses:

    [ad_2]

    William Charles

    Source link

  • [IA] Greater Iowa Credit Union $300 Checking Bonus – Doctor Of Credit

    [ad_1]

    Update 8/23/25: Deal is back, but requires direct deposit before. Hat tip to reader bockrr

    Offer at a glance

    • Maximum bonus amount: $300
    • Availability: Persons who live, work, worship, or attend school within the 33 county field of membership are eligible to join Greater Iowa Credit Union:  Story, Polk, Dallas, Warren, and Crawford. Contiguous Counties: Wright, Franklin, Butler, Woodbury, Ida, Sac, Calhoun, Webster, Hamilton, Hardin, Grundy, Monona, Carroll, Greene, Boone, Marshall, Tama, Harrison, Shelby, Audubon, Guthrie, Jasper, Poweshiek, Adair, Madison, Marion, Clarke, and Lucas
    • Direct deposit required: Yes, $100+
    • Additional requirements: See below
    • Hard/soft pull: Soft pull
    • ChexSystems: Unknown
    • Credit card funding: None
    • Monthly fees: None
    • Early account termination fee: $25, two months
    • Household limit: None
    • Expiration date: December 31, 2024

    The Offer

    Direct link to offer

    • Greater Iowa Credit Union is offering a $300 bonus when you open a new checking account and meet the requirements for the higher APY during the 60 day period:
      • Enroll in eStatements.
      • Have one direct deposit of at least $100
      • Make at least 20 debit card purchases totaling at least $100 that post and settle during the 60-day period

    The Fine Print

    • Bonus available for new Greater Checking accounts opened by December 31, 2024 that are open for at least 60 days and meet requirements for the higher APY during the 60-day period. Additional terms may apply, see the Greater Checking Bonus Disclosure for details.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    This account has no monthly fees to worry about. There is a dormant account fee of $10 per month after 6 months of no activity

    Early Account Termination Fee

    There is an early account termination fee of $25 if closed within the first two months.

    Our Verdict

    Much better than the previous $100 bonus that was offered. Rare to see a bonus this big without a direct deposit being required. We will add this to our list of the best bank account bonuses.

    Hat tip to ShawntheShawn

    Useful posts regarding bank bonuses:

    [ad_2]

    William Charles

    Source link

  • [Targeted] Capital One $600 Business Checking Bonus – Doctor Of Credit

    [Targeted] Capital One $600 Business Checking Bonus – Doctor Of Credit

    [ad_1]

    Offer at a glance

    • Maximum bonus amount: $600
    • Availability: Nationwide
    • Direct deposit required: No
    • Additional requirements: Use promo code
    • Hard/soft pull: Soft (overdraft protection no longer being offered)
    • ChexSystems: Mixed. EWS sensitive according to the comments
    • Credit card funding: None
    • Monthly fees: $15, avoidable
    • Early account termination fee: None
    • Household limit: None listed
    • Expiration date: Unknown

    The Offer

    No direct link to offer, being sent out to existing clients currently. Suspect there will be a public bonus at some stage and we will repost when this is the case.

    • Capital One is offering a bonus of $600 when you open a new business checking account and complete the following requirements:
      • Use promo code BIZCHK600
      • Deposit $10,000 within 30 days of account opening
      • Maintain a balance of $10,000+ for 60 of the first 90 days of account opening
      • Complete 10 eligible transactions (not including debit card, need to be ACH debits or credits and a few other options)

    The Fine Print

    • You’re eligible as long as you haven’t had a business account. for that business in the past 90 days
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    Basic business checking has a $15 monthly service fee, waived with $2,000 minimum balance

    Early Account Termination Fee

    There is no early account termination fee

    Our Verdict

    Not sure when the last Capital One business checking bonus was, I do think this is worth doing if you are targeted and hopefully it becomes public. If you put the $10,000 into a 5% account for the 60 days you’d earn ~$84 so this is significantly better.

    Hat tip to DougieChurns

    Useful posts regarding bank bonuses:

    [ad_2]

    William Charles

    Source link

  • [NY] Hudson Valley Federal Credit Union $500 Checking Bonus, Direct Deposit Not Required – Doctor Of Credit

    [NY] Hudson Valley Federal Credit Union $500 Checking Bonus, Direct Deposit Not Required – Doctor Of Credit

    [ad_1]

    Update 10/12/24: Deal is back, but now for $500. Valid until 12/4/24. Hat tip to reader Alex

    Offer at a glance

    • Maximum bonus amount: $500
    • Availability: Must live, work, worship, volunteer, attend school in one of the following counties: Albany, Columbia, Dutchess, Greene, Orange, Putnam, Rennselaer, Rockland, Saratoga, Schenectady, Ulster, and Westchester Counties
    • Direct deposit required: Optional
    • Additional requirements: See below
    • Hard/soft pull: Soft pull
    • ChexSystems: Unknown
    • Credit card funding: Up to $10,000
    • Monthly fees: None
    • Early account termination fee: $20, 90 days
    • Household limit: None
    • Expiration date: 12/31/2023

    The Offer

    Direct link to offer

    • Hudson Valley Federal Credit Union is offering $400 checking bonus. Requirements are as follows:
      • Open a new HVCU Premier or Classic Checking Account with a Visa Debit Card
      • Sign up for Internet Banking & eStatements
      • Spend a minimum of $1,500 with your new Debit Card OR make $1,500 in direct deposits into your new account within the first 90 days

    The Fine Print

    • Terms and Conditions Applicable to $400 Bonus Checking Account Offer, valid from 10/2/2023 to 12/31/2023
    • Account holder has 90 calendar days to meet the requirements to receive bonus. HVCU will deposit the $400 bonus into the account holder’s new checking account within five business days after the completion of the 90 calendar day qualification period, so long as the account holder fulfills each of the following three qualifications:
    • Open a new checking account with HVCU Visa Debit Card (must be requested at time of account opening);
    • Enroll in Internet Banking and/or Mobile Banking services and enroll in e-statements;
    • Use your new HVCU debit card and spend a minimum of $1,500 using the new checking account OR sign up for qualifying direct deposits with a cumulative minimum of $1,500 into your new checking account. A “qualifying direct deposit” is a direct deposit of regular monthly income, such as your salary, pension, or Social Security benefits, which are made by your employer or other payer, using account and routing numbers that you provide to them. Examples of non-qualifying direct deposits and transfers include: your initial ACH deposit to open the account, teller deposits, wire transfers, debit card transfers, ATM transfers or deposits, or Internet or Mobile banking transfers or deposits. Offer subject to member verification.
    • Only one bonus of $400 will be paid to the primary checking account owner. This must be your first HVCU checking account to qualify for this bonus. Only Personal Classic and Premier checking accounts are eligible for this offer. Members under the age of 18 are not eligible to receive this bonus. No exceptions will be made or considered. Account must be in good standing and the qualifications satisfied to receive bonus. Good standing means you have on deposit at least the par value of one full share ($0.01) in the regular share savings account, have no delinquent loans (payment is not more than 30 days late), and have a positive balance in all share accounts. May be subject to IRS reporting; please consult your tax advisor. HVCU expressly reserves the right to terminate this promotion at its discretion at any time and without further notice provided to you.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    Classic checking account has no monthly fees to worry about.

    Early Account Termination Fee

    According to the fee schedule there is an early account termination fee of $20 if closed within 90 days of account opening.

    Our Verdict

    Not sure if the credit card funding is still available or not. Previous best was the $750 checking bonus, but that required a direct deposit. Worth doing if you live in an eligible area.

    Hat tip to reader Tikky

    Useful posts regarding bank bonuses:

    [ad_2]

    William Charles

    Source link

  • [AZ only] VantageWest Credit Union $300 Checking Bonus, Direct Deposit Not Required – Doctor Of Credit

    [AZ only] VantageWest Credit Union $300 Checking Bonus, Direct Deposit Not Required – Doctor Of Credit

    [ad_1]

    Update 10/5/24: Deal is back until October 15, 2024. Hat tip to DesertActor

    Update 7/23/22: Deal is back until December 31, 2022. Hat tip to payyoutuesday.

    Offer at a glance

    • Maximum bonus amount: $300
    • Availability: Must live, work or worship in Pima, Pinal, Cochise, or Maricopa Counties, Gila River Indian Community Reservation, Arizona’s “Copper Basin” Area
    • Direct deposit required: No
    • Additional requirements: See below
    • Hard/soft pull: Soft pull
    • ChexSystems: Unknown
    • Credit card funding: $2,000
    • Monthly fees: $12, avoidable
    • Early account termination fee: Six months, bonus forfeit
    • Household limit: None
    • Expiration date: December 31, 2021

    The Offer

    Direct link to offer

    • VantageWest is offering a bonus of $300 when you open a new Premium Rewards Checking account. Bonus requirements are as follows:
      • Make $1,000 in deposits
      • Complete one debit card transaction
    • Or you can get a $150 bonus when you open an essential checking account. Bonus requirements are as follows:
      • Make $500 in deposits
      • Complete one debit card transaction

    The Fine Print

    • New Vantage West Members are eligible for one of two rewards options:
      • 1) To qualify for the 30,000 Rewards Points bonus ($300 cash value), you must open a new Vantage West Membership and a Premium Rewards Checking account and complete each of the following within 60 days of account opening: Deposit an aggregate total of $1,000 and complete 1 debit card transaction (transaction must be completed with the debit card). Or
      • 2) To qualify for the 10,000 Rewards Points bonus ($100 cash value), you must open a new Vantage West Membership and an Essential Checking account and complete each of the following within 60 days of account opening: Deposit an aggregate total of $500 and complete 1 debit card transaction (transaction must be completed with the debit card).
    • Promotion runs June 1, 2021- December 31, 2021.
    • Your checking account must remain open for at least 6 months.
    • If it is closed within 6 months of the open date you may be responsible for reimbursement of any bonus awarded.
    • Minimum opening deposit for Premium Rewards Checking and Essential Checking is $20.00.
    • Essential Checking does not earn rewards points.
    • A qualifying product (Premium Rewards Checking or Credit Card) must be opened to continue earning rewards points.
    • Your account must be in good standing at time the bonus is awarded.
    • The Rewards Points will be credited to your rewards account within 30 days of the date the last requirement is met.
    • Limit one new Premium Rewards or Essential Checking account, per membership and per member, will be eligible for the bonus.
    • Offer available to non-Members who have not had a relationship with Vantage West in the past 6 months.
    • Offer valid for new Premium Rewards and Essential Checking accounts only.
    • Members with any existing Vantage West relationship are not eligible for the bonus. Conversions between Premium Rewards and Essential Checking are not eligible for the bonus.
    • Offer cannot be combined with any other offers associated with opening a checking account.
    • See Vantage West Rewards terms and conditions for details and restrictions of the program.
    • All accounts are subject to approval. Additional restrictions may apply. Subject to change without notice.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Premium Rewards Checking ($300 Bonus)

    This account has a $12 monthly fee. This is waived if you do any of the following:

    • minimum daily balance of $3,000, or
    • combined average daily balance in all deposit accounts of $10,000 or
    • monthly net direct deposit of $750

    Essential Checking ($100 Bonus)

    This account has no monthly fees to worry about.

    Early Account Termination Fee

    Account must be kept open for six months, otherwise bonus will be deducted.

    Our Verdict

    This offer is significantly better than the old $200 bonus as no direct deposit is required. VantageWest also offer a 5% card. This bonus is definitely worth doing and even better due to the higher than normal bonus and the credit card funding available. Will be added to the best checking bonuses.

    Useful posts regarding bank bonuses:

    [ad_2]

    William Charles

    Source link

  • U.S. Bank $400/$900 Business Checking Bonus – Doctor Of Credit

    U.S. Bank $400/$900 Business Checking Bonus – Doctor Of Credit

    [ad_1]

    Offer at a glance

    • Maximum bonus amount: $900
    • Availability: Nationwide (excludes NY & FL and any other state without a branch unless you have an existing relationship)
    • Direct deposit required: None
    • Additional requirements: See below
    • Hard/soft pull: Soft pull
    • ChexSystems: Mixed data points
    • Credit card funding: Can fund up to $3,000 with a credit card
    • Monthly fees: None with paperless statements
    • Early account termination fee: None
    • Household limit: None
    • Expiration date: January 15, 2025

    The Offer

    Direct link to offer

    • U.S. Bank is offering a bonus of up to $900 when you open a new business checking account when you use promo code Q4AFL24. 
      • Earn $900 when you open a Platinum Business Checking Account package
        • Deposit at least $30,000 in new money within 30 days of account opening
        • Maintain at least that balance for 60 days after opening the account
      • Earn $400 when you open a Silver Business Checking Account package
        • Deposit at least $5,000 in new money within 30 days of account opening (Silver or Business Essentials)
        • Maintain at least that balance for 60 days after opening the account

    The Fine Print

    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    • Silver account has no monthly fees to worry about as long as you opt in for paperless statements.
    • Platinum account has a $30 monthly fee, this is waived if you
      •  An active U.S. Bank Payment Solutions Merchant Account or
      • $25,000 average collected checking balance $75,000 combined average collected business deposits and outstanding business credit balances

    Early Account Termination Fee

    There is no early account termination fee to worry about

    Our Verdict

    Previously there was a $800 business checking bonus with the same requirements as the current $900 bonus but it only required a silver account which is much easier to keep fee free. Because of that I think the old $800 bonus is actually better. That being said the new $400 bonus is the exact same requirements as the old $300 bonus with the same account needing to be opened so that is an improvement and worth doing. Given the churn period is now only 12 months I do think the $400 bonus is worth doing and we will add it to our best business bank bonus page.

    Hat tip to reader Jack

    Useful posts regarding bank bonuses:

    [ad_2]

    William Charles

    Source link

  • [FL, AL] Tyndall Federal Credit Union $350 Checking Bonus, Direct Deposit Not Required – Doctor Of Credit

    [FL, AL] Tyndall Federal Credit Union $350 Checking Bonus, Direct Deposit Not Required – Doctor Of Credit

    [ad_1]

    Offer at a glance

    • Maximum bonus amount: $350
    • Availability: live, work, worship, attend school, or volunteer in the Panhandle of Florida or Southern Alabama
    • Direct deposit required: No
    • Additional requirements: See below
    • Hard/soft pull: Unknown
    • ChexSystems: Unknown
    • Credit card funding: Unknown
    • Monthly fees: None with eStatements
    • Early account termination fee: None
    • Household limit: None
    • Expiration date: November 30, 2024

    The Offer

    Direct link to offer

    • Tyndall Federal Credit Union is offering a bonus of up to $650 when you open a new checking account and complete the following requirements:
      • $10 per Bill Payment of $30+ (up to $200)
      • $50 for logging in 12 times
      • $50 for 2 or more direct, mobile or ATM deposits ($500 cumulative)
      • $50 for having OR enrolling in e-Statements
      • 2% Cashback on your monthly spend (up to $300)

    The Fine Print

    • Members who make a bill payment of $30 or more using Tyndall’s Bill Pay tool in Online or Mobile Banking between September 1, 2024 and November 30, 2024 will receive a $10 minimum Giveback deposit per Bill Payment that is posted by November 30, 2024; get up to $200 Giveback deposited into their Share Account on December 11, 2024. The posting description will be Bill Pay: Thank You Giveback!.

       

    • Members that have or set up a Tyndall Direct Deposit 2 or more times totaling a minimum of $500, members that make a Mobile Deposit using Tyndall’s Mobile Deposit tool in Online or Mobile Banking 2 or more times totaling a minimum of $500, or members that make an ATM deposit into a Tyndall Account 2 or more times totaling a minimum of $500 deposited between September 1, 2024 and November 30, 2024 will receive a $50 minimum Giveback deposit into their Share Account on December 11, 2024. The posting description will be Direct Deposit: Thank You Giveback!.

       

    • Members who use their Tyndall debit or Tyndall credit card on purchases between September 1, 2024 and November 30, 2024 will receive 2% Cash Back; get up to $300 Giveback into their Share Account on December 11, 2024. The posting description will be Card Usage: Thank You Giveback!. Tyndall First Spend Accounts will continue to earn 1% Cash Back for their debit card usage in addition to the 2% Cash Back.
    • Members who have logged into Tyndall’s Online or Mobile Banking a minimum of 12 times between September 1, 2024 and November 30, 2024 will receive a $50 minimum Giveback deposit into their Share Account on December 11, 2024. The posting description will be Online Banking: Thank You Giveback!.

       

    • Members that have or enroll in Tyndall’s e-Statements between September 1, 2024 and November 30, 2024 will receive a $50 minimum Giveback deposit into their Share Account on December 11, 2024. The posting description will be E-Statements: Thank You Giveback!.

       

    • Members that have or open any Tyndall loan including Tyndall Credit Cards and loans paid-off between September 1, 2024 and November 30, 2024 will receive a $50 minimum Giveback deposit into their Share Account on December 11, 2024. The posting description will be Loan: Thank You Giveback!.

       

    • Members that qualify for one or more of the 6 ways will receive their Giveback deposit(s) based on each qualifying step earned (up to 6 deposits based on qualifying criteria completed between September 1, 2024 and November 30, 2024). All earned Giveback deposits will be posted to the primary membership/original open share account on December 11, 2024. For the Giveback deposit(s), limited to 1 per person (SSN); primary member only. Appeals will be open between December 11, 2024 and December 24, 2024. To Qualify: Members must have a good physical address on file and the account must be in good standing to receive a Giveback. Member must not have a derogatory history with Tyndall (currently delinquent on a loan by 30 days or more; a charged-off loan or share account on record; a bankruptcy on file; a workout loan; committed fraud and caused Tyndall a loss; or a negative share balance, not due to Courtesy Pay). Other restrictions may apply. The value of Giveback deposits may be taxable income to you, and we will report it as income to the tax authorities if required by applicable law. Please consult your tax advisor if you have questions about the tax treatment of Giveback deposits. Offer limited to one per member. Offer subject to change without notice. Restrictions apply. A Regular Share Account, with a minimum $5 share deposit, must be maintained to be a credit union member. Membership is required.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    Classic checking has no monthly fees with eStatements.

    Early Account Termination Fee

    I wasn’t able to find any EATF in the fee schedule.

    Our Verdict

    If you decide to go for this bonus please share your experiences in the comments below.

    Hat tip to ShawntheShawn

    Useful posts regarding bank bonuses:

    [ad_2]

    William Charles

    Source link

  • [MA] Dedham Savings Bank $300 Checking Bonus – Doctor Of Credit

    [MA] Dedham Savings Bank $300 Checking Bonus – Doctor Of Credit

    [ad_1]

    Offer at a glance

    • Maximum bonus amount: $300
    • Availability:  Need to open in branch or near a branch. Branches are located in Dedham, Westwood, Needham, Walpole, Norwood, and Sharon in Massachusetts. [Locations here]
    • Direct deposit required: No
    • Additional requirements: See below
    • Hard/soft pull: Unknown
    • ChexSystems: Unknown
    • Credit card funding: Unknown 
    • Monthly fees: None
    • Early account termination fee: No/unknown
    • Household limit: None
    • Expiration date: December 31, 2024

    The Offer

    Direct link to offer

    • Dedham Savings Bank is offering a $300 bonus when you open a new business checking account and complete the following requirements:
      • Deposit a minimum of $2,000 in new money within 30 days of account opening and maintain that balance for at least 60 days
      • Complete at least 5 qualifying transactions within 60 days of account opening. Qualifying transactions include:
        Dedham Savings Debit Card purchases, Bill Pay payments, ACH credits or debits, wires (credits or debits), and mobile or remote deposits

    The Fine Print

    • Bonus offer available for qualified business accounts: Basic Business Checking (Minimum deposit of $10 required to open account), Business Interest Checking (Minimum deposit of $10 required to open account), Community Checking, Cash Management Checking, or Municipal Checking accounts. $50 minimum deposit required to receive Debit Card.
    • New accounts only; one offer per business relationship.
    • To receive $300 bonus offer, open a qualified business checking account with funds not currently on deposit at Dedham Savings.
    • Within 30 days of account opening, deposit a minimum of $2,000 in new money to the account and maintain that balance for 60 days.
    • Within 60 days of account opening, complete 5 qualifying Dedham Savings transactions. Qualifying transactions include: debit card purchases, Bill Pay payments, ACH credits or debits, wires (credits or debits), mobile or remote deposits.
    • $300 bonus will be deposited to qualified business checking account within 90 days after qualifications are met and will be reported to the IRS for tax reporting purposes.
    • Offer expires December 31, 2024.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    There are no monthly fees on this account

    Early Account Termination Fee

    I wasn’t able to find an early account termination fee in the fee schedule but I’m unsure if this one is the most current one or not.

    Our Verdict

    Easier to meet the requirements than the last business bonus that was for $200. Might be worth doing if you live near a branch.

    Hat tip to ShawntheShawn

    Useful posts regarding bank bonuses:

    [ad_2]

    William Charles

    Source link

  • [PA] Citadel Bank – $750 Business Checking Bonus – Doctor Of Credit

    [PA] Citadel Bank – $750 Business Checking Bonus – Doctor Of Credit

    [ad_1]

    Offer at a glance

    • Maximum bonus amount: $750
    • Availability: Must live, work, worship, or study in Bucks, Chester, Delaware, Montgomery, or Philadelphia Counties, or the city of Lancaster, PA or if  a member of your family or household is already a customer, no matter where you live.
    • Direct deposit required: No
    • Additional requirements: See below
    • Hard/soft pull: Soft
    • ChexSystems: Unknown, sensitive
    • Credit card funding: Up to $500
    • Monthly fees: None
    • Early account termination fee: Unknown
    • Household limit: None
    • Expiration date: 11/30/2024

    The Offer

    Direct link to offer

    • Citadel Credit Union is offering a bonus of up to $1,000 when you open a new business checking account. Bonus broken down as follows:
      • Earn a $450 cash bonus with new money deposits of funds not currently on deposit with Citadel totaling $25,000 or more within the first 30 days (internal transfers excluded) and maintain a $25,000 daily balance for the remaining 60 days after account opening
      • After meeting these requirements, earn an additional $300 by enrolling in one of Citadel’s Cash Management Solutions; Merchant Services, Payroll Services or ACH Origination and complete your first merchant deposit or first transaction within 90 days of account opening.
      • Additional $250 Cash Rebate from First Data Merchant Services, LLC is applied for new qualified Citadel merchant members

    The Fine Print

    • Earn Up to $1,000 – New Account Cash Bonus & Rebate Offer: Earn a $450 cash bonus with new money deposits of funds not currently on deposit with Citadel totaling $25,000 or more within the first 30 days (internal transfers excluded) and maintain a $25,000 daily balance for the remaining 60 days after account opening.
    • After meeting these requirements, earn an additional $300 by enrolling in one of Citadel’s Cash Management Solutions; Merchant Services, Payroll Services or ACH Origination and complete your first merchant deposit or first transaction within 90 days of account opening.
    • Once you meet these requirements, and your checking account has been open 90 days, your bonus(es) will be paid within 10 business days.
    • Additional $250 Cash Rebate from First Data Merchant Services, LLC is applied for new qualified Citadel merchant members – Promotional offer expires November 30, 2024. This offer is available for qualified Citadel Credit Union merchant services members who have not had a merchant services account processed by First Data Merchant Services, LLC within the last six months. New accounts are subject to standard credit approval and underwriting requirements. A $250 rebate applies to Clover devices valued more than $250. Rebate will be initiated to the merchant’s account within 60 days after the merchant’s account is activated. To be eligible for the rebate, the merchant must: (1) have a minimum processing volume of $100,000 annually; (2) must be credit approved between 6/1/2024 and 11/30/2024; (3) activate account by submitting a batch of $25 or more in sales within 30 days of approval date; and (4) sign a merchant processing agreement. Additional fees apply to certain Clover app’s software components, services and activated accounts. Only one offer per eligible business tax ID. Eligibility is at the sole discretion of First Data Merchant Services LLC. Early termination fees apply. Offer not valid with any other offer and subject to change without notice. Terms and conditions apply per the merchant processing agreement.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    Essential checking has no monthly fees to worry about.

    Early Account Termination Fee

    Citadel bank does not charge any early account termination fees from what we could find.

    Our Verdict

    The $450 bonus works out to be over 10% annualized return, so might be worth doing. Others not so much as it requires other business activities to be set up.

    Hat tip to Mrs. Gee

    Useful posts regarding bank bonuses:

    [ad_2]

    William Charles

    Source link

  • [OK, IL KS & MO, CO, In Branch only] Central Bank $500 Business Checking Bonus – Doctor Of Credit

    [OK, IL KS & MO, CO, In Branch only] Central Bank $500 Business Checking Bonus – Doctor Of Credit

    [ad_1]

    Update 8/31/24: Deal is back with promo code 500BB9, valid until 11/30/24.

    Offer now expires 7/31/24 with new offer code 500BB7.

    Terms state ‘Offer may only be redeemed by the intended recipient and is nontransferable’ so might be targeted. Needs to be opened in branch though so should be able to ask before opening.

    Offer at a glance

    The Offer

    Direct link to offer

    • Central Bank is offering a $500 bonus when you open a new business checking account and complete the following requirements:
      • Use promo code  500BB6
      • Have a $3,000 balance 90 days after account opening

    The Fine Print

    • To receive the $500 checking bonus, open a new business checking account, deposit $50 or more at account opening, and have at least a $3,000 balance 90 days from the date of account opening.
    • Eligibility for this offer will be verified prior to providing the bonus.
    • Bonus will be reported to the IRS as interest.
    • Bonus will be deposited into the business checking account within 10 business days after account(s) 1) meets all requirements AND 2) has been open for 90 days. If checking account is closed within first 90 days a fee may be imposed.
    • Available to new business checking customers only.
    • Offer is not available to those whose accounts have been closed with a negative balance within the last 2 years.
    • You receive only one new checking account opening related bonus every two years from the last date incentive was paid.
    • Only one bonus per business.
    • The new checking account must be open and in good standing up to and including the date any earned bonus is paid in order to receive the bonus.
    • Customer must bring in mailer or use offer code to receive incentive.
    • Offer may only be redeemed by the intended recipient and is nontransferable.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    This account has no monthly fees to worry about.

    Early Account Termination Fee

    A fee is imposed if account is closed within 90 days, unsure what the fee.

    Our Verdict

    Good bonus if it’s available to everybody and not targeted. Funds only need to be there on day 90, but worth putting the funds in there a few days early to make sure. We will add this to our list of the best bank bonuses.

    Hat tip to reader ShawntheShawn

    Useful posts regarding bank bonuses:

    [ad_2]

    William Charles

    Source link

  • [Important Update] Lili Bank $300 Business Checking Bonus – Doctor Of Credit

    [Important Update] Lili Bank $300 Business Checking Bonus – Doctor Of Credit

    [ad_1]

    Update 8/29/24: Terms state: To be eligible, new Lili Account customers must (i) be 18 years or older (or 19 in Nebraska or Alabama) who can form a legally binding contract and open a Lili Account and use the Services (as such terms are defined in the Sunrise Banks Account Agreement); (ii) be a legal resident of the fifty (50) United States or the District of Columbia. Lili App Inc. officers, directors, and employees and their immediate family members (spouse, parents, siblings, and children) are not eligible; and (iii) have applied for a Lili Account through one of the following websites: http://www.nerdwallet.com ; http://www.bestmoney.com ; or through a shared communication channel by Lili with Dun & Bradstreet. Conditions and Promotional Period

    You can try this link from Nerdwallet. People that applied through this link are having the bonus attached via e-mail whereas the direct link are receiving an e-mail without the bonus attached.

    Offer at a glance

    • Maximum bonus amount: $300
    • Availability: Nationwide
    • Direct deposit required: No
    • Additional requirements:See below
    • Hard/soft pull: Soft pull
    • ChexSystems: No
    • Credit card funding: None
    • Monthly fees: None
    • Early account termination fee: Unknown
    • Household limit: None
    • Expiration date: October 25, 2024

    The Offer

    Direct link to offer

    • Lili Bank is offering a $300 bonus when you open a new business checking account and complete the following requirements:
      • Deposit $5,000 Within the following 30 days of opening your Lili account
      • Maintain a daily $5,000 balance For 60 days from depositing $5,000
      • Make at least 5 qualifying purchases Using your Lili Visa® Debit Card

    The Fine Print

    • *Promotion Terms and Conditions: Eligible Participants: This promotion is non-transferable and limited to one offer per new Lili Business Deposit Account (Lili Account) customer, which for this purpose means a natural person who does not have an existing Lili Account in which they are the owner of a sole proprietorship account or an ultimate business owner of a legal entity account and has not had such an account open in the last twelve (12) months.
    • To be eligible, new Lili Account customers must (i) be 18 years or older (or 19 in Nebraska or Alabama) who can form a legally binding contract and open a Lili Account and use the Services (as such terms are defined in the Sunrise Banks Account Agreement); (ii) be a legal resident of the fifty (50) United States or the District of Columbia. Lili App Inc. officers, directors, and employees and their immediate family members (spouse, parents, siblings, and children) are not eligible; and (iii) have applied for a Lili Account through one of the following websites: www.nerdwallet.com ; www.bestmoney.com ; or through a shared communication channel by Lili with Dun & Bradstreet. Conditions and Promotional Period
    • : To be eligible to receive the bonus associated with this promotion, new Lili Account customers must 1) apply for and open a Lili Account between 12:00 AM ET on July 25, 2024 and 11:59 PM ET on October 25, 2024; 2), deposit $5,000 to their checking account within thirty (30) days of account opening and continue to maintain a minimum checking account daily balance of $5,000 for sixty (60) days from the date the account balance reaches the initial $5,000 deposit threshold; and 3) make a minimum of five (5) qualifying purchases using the Lili Visa® Debit Card issued to the new Lili Account customer.
    • A qualifying purchase is a point of sale purchase that is not returned or rescinded. Non-qualifying purchases include any internet purchases or any person-to-person, bank, or other electronic money transfers, such as those made through internet payment services.
    • Notification: If a new Lili Account customer meets all of the eligibility requirements and conditions of the promotion, the bonus will be deposited into their Lili Account by the tenth day of the month following the month in which the last requirement was met, provided that the account is not closed or suspended.
    • For the avoidance of doubt, any Lili Account suspended or terminated by Lili or terminated voluntarily by the new Lili Account customer before the bonus is paid is ineligible for the bonus. Miscellaneous: The bonus associated with this promotion may be considered interest and may be reported on IRS Form 1099-INT or other appropriate form.
    • The participant is responsible for any federal or state taxes resulting from the promotion. Participants should consult their tax advisor if they have questions about tax treatment.
    • Other terms and conditions of the Lili Account are disclosed in the participant’s Sunrise Banks Account Agreement. Offer and account opening subject to Sunrise Banks, Member FDIC, approval.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    Lili basic has no monthly fees to worry about.

    Early Account Termination Fee

    Wasn’t able to find a fee schedule so unsure if there is an early account termination fee or not.

    Our Verdict

    We have seen bonuses for the Lili personal account before but not for the business account. Looks like they are business accounts only now? I do think this bonus is worth doing and will add it to the list of the best bank account bonuses.

    Hat tip to ChurnDaddyM

    Useful posts regarding bank bonuses:

    [ad_2]

    William Charles

    Source link

  • [AZ] Pima Federal Credit Union $200 Checking Bonus, Direct Deposit Not Required – Doctor Of Credit

    [AZ] Pima Federal Credit Union $200 Checking Bonus, Direct Deposit Not Required – Doctor Of Credit

    [ad_1]

    Offer at a glance

    • Maximum bonus amount: $200
    • Availability: AZ, maybe nationwide with a $20 membership fee “Join Friends of the Pima County Public Library with a $20 membership fee, when you open your account.” According to DP though they don’t actually open the account.
    • Direct deposit required: No
    • Additional requirements: See below
    • Hard/soft pull: Unknown
    • ChexSystems: Unknown
    • Credit card funding: Up to $5,000 
    • Monthly fees: None
    • Early account termination fee: None listed
    • Household limit: None listed
    • Expiration date: None listed

    The Offer

    Direct link to offer

    • Pima Federal Credit Union is offering a $200 bonus when you open a new checking account and complete the following requirements:
      • Elect to receive electronic statements
      • Receive a minimum aggregate deposit of $1,000 each month for two consecutive months

    The Fine Print

    • Valid on new CareFREE Plus checking accounts.
    • Opening bonus does not apply to existing Pima Federal account holders.
    • To earn the opening bonus, the CareFREE Plus checking account must meet the following requirements for two consecutive months within the first 90 days from account opening – current enrollment in eStatements and receive a minimum aggregate monthly deposit of $1,000.
    • Internal transfer deposits and dividend deposits are excluded from the aggregate monthly deposit calculation.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    This account has no monthly fees to worry about.

    Early Account Termination Fee

    Unsure if there is any EATF.

    Our Verdict

    It’s possible that this bonus isn’t actually active anymore even though there is no end date. It doesn’t look like out of state applications are working so I probably wouldn’t apply unless you live close to an actual branch.

    Useful posts regarding bank bonuses:

    [ad_2]

    William Charles

    Source link

  • [IL, NE, KS, TX, CO, In Branch] FNBO Bank $500 Business Checking Bonus – Doctor Of Credit

    [IL, NE, KS, TX, CO, In Branch] FNBO Bank $500 Business Checking Bonus – Doctor Of Credit

    [ad_1]

    Offer at a glance

    • Maximum bonus amount: $500
    • Availability: In branch only. Chicago, Omaha, Kansas City, Denver, and Dallas
    • Direct deposit required:No
    • Additional requirements: See below
    • Hard/soft pull: Soft pull
    • ChexSystems: Unknown, sensitive
    • Credit card funding: None
    • Monthly fees: No
    • Early account termination fee: None
    • Household limit: No
    • Expiration date: 8/31/24

    The Offer

    Direct link to offer

    • FNBO Bank is offering a bonus of $200 or $500. Requirements are as follows:
      • Open your account at a branch and mention promo code BIZCHECKING.
      • Fund your account within 31 days of opening your account a qualifying deposit of $10,000 or more.
      • Maintain your balance for 93 days from account opening.
        • Deposit $10,000 – $19,999.99 and Earn $200
        • Deposit $20,000 and above and Earn $500

    The Fine Print

    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    This account has no monthly fees to worry about.

    Early Account Termination Fee

    I wasn’t able to find a fee schedule.

    Our Verdict

    Unfortunately it’s in branch only. You need to maintain funds for 93 days, for the $500 bonus that works out to be ~10% annualized return. The $200 bonus works out to be ~8% annualized return. Looks like deposits need to be cash?

    Useful posts regarding bank bonuses:

    [ad_2]

    William Charles

    Source link

  • [AZ, CO, OK] First Fidelity Bank $500 Checking & Savings Bonus, Direct Deposit Not Required – Doctor Of Credit

    [AZ, CO, OK] First Fidelity Bank $500 Checking & Savings Bonus, Direct Deposit Not Required – Doctor Of Credit

    [ad_1]

    Update 7/13/24: Deal is back, no end date. Terms now state ‘Offers are only available to Oklahoma, Arizona, and Colorado residents’. Hat tip to JimmytheGreek

    Offer at a glance

    • Maximum bonus amount: $500
    • Availability:Offers are only available to Oklahoma, Arizona, and Colorado residents
    • Direct deposit required: Optional
    • Additional requirements: See below
    • Hard/soft pull: Soft pull
    • ChexSystems: Unknown
    • Credit card funding: Unknown
    • Monthly fees: None
    • Early account termination fee: 90 days, $30
    • Household limit: One
    • Expiration date: None listed

    The Offer

    Direct link to offer

    • First Fidelity Bank is offering a bonus of up to $500 when you open a new checking & savings account. Requirements are as follows:
      • Get $200 when you open a new freestyle checking account. Complete one of the following:
        • Complete ten (10) POS debit card transactions of at least $10 each.
        • (2) Set up a monthly recurring direct deposit of at least $250 each.
      • Get $200 when you open a new traditional savings account and complete the following requirements:
        • Deposit a total of $15,000 new money within twenty (20) business days of account opening
        • Maintain a $15,000 balance for a minimum of ninety (90) days from account opening.
      • Open both a checking & savings account and get an additional $100

    The Fine Print

    • Offers only good for new Freestyle Checking and Traditional Savings accounts for new First Fidelity Bank (FFB) customers.
    • Checking and savings account bonus offer not available to existing First Fidelity Bank (FFB) customers.
    • Both offers are not available to those whose accounts have been closed within 90 days or closed with a negative balance.
    • Offer limited to one Freestyle Checking and one Traditional Savings account type per household.
    • May not be combined with other offers.
    • All account openings subject to approval.
    • $100 minimum required each to open a new Freestyle Checking and Traditional Savings accounts.
    • Bonus is not considered part of the minimum opening deposit.
    • To receive the $200 checking bonus, you must complete one of the following within sixty (60) days of checking account opening:
      • (1) Complete ten (10) POS debit card transactions of at least $10 each. ATM transactions not eligible.;
      • (2) Set up a monthly recurring direct deposit of at least $250 each.
    • $200 bonus will be deposited into your checking account within ten (10) business days once all account requirements are met.
    • To receive the $200 savings bonus, all of the following conditions must be met:
      • (1) Deposit a total of $15,000 new money within twenty (20) business days of account opening;
      • (2) Maintain a $15,000 balance for a minimum of ninety (90) days from account opening.
    • $200 bonus will be deposited into your checking account within ten (10) business days once all account requirements are met.
    • If account falls below $15,000 within the first ninety (90) days of account opening, the bonus will be debited from the account.
    • Additional $100 bonus will be paid upon opening new Freestyle Checking and Traditional Savings on the same day.
    • Once all account requirements are met for both accounts, the additional $100 bonus will be deposited into your new checking account within ten (10) business days.
    • Bonus cash is considered interest and is reportable on IRS form 1099-NT (or Form 1042-S, if applicable).

    Avoiding Fees

    Monthly Fees

    Freestyle checking account has no monthly fee. The traditional savings account has no monthly fee as long as you have $200 in the account.

    Early Account Termination Fee

    If the account is closed within 90 days a $30 fee is charged.

    Our Verdict

    Seems like a relatively good bonus especially as no direct deposit is needed, just needed to know if it’s a hard or soft pull.

    Useful posts regarding bank bonuses:

    [ad_2]

    William Charles

    Source link

  • [Targeted, YMMV] Bank of America $1,000/$1,500 Business Checking Bonus with $20k/$50k Deposit (Available Online) – Doctor Of Credit

    [Targeted, YMMV] Bank of America $1,000/$1,500 Business Checking Bonus with $20k/$50k Deposit (Available Online) – Doctor Of Credit

    [ad_1]

    Update 7/11/24: Offer extended through 12/31/24 and available from local Small Business Bankers even if you were not targeted. Not available in-branch

    Update 5/13/24: There is an online link through July, 31 2024. Hat tip to Venka

    Update 4/3/24: Deal is back through May 31, 2024. No online link but being offered by small business bankers in-branch. Hat tip to Rapid Travel Chai.

    Offer at a glance

    • Maximum bonus amount: $1,500
    • Availability: Nationwide, but terms do have targeted language
    • Direct deposit required: No
    • Additional requirements: Deposit and maintain $30,000 for
    • Hard/soft pull: Soft
    • ChexSystems: Unknown
    • Credit card funding: None, but can fund with a debit card up to $300
    • Monthly fees: Avoidable
    • Early account termination fee: None
    • Household limit: None listed
    • Expiration date: December 31, 2023

    The Offer

    Direct link to offer (not currently working, but can get the deal via a small business banker in-branch)

    • Bank of America is offering a $1,000 bonus when you open a new business checking account and complete the following requirements:
      • Make Qualifying Deposits of $20,000 or more in new money within 30 days of opening the new business checking account
        Maintain an average balance of $20,000 or more for next 60 days (day 31-90) during the maintenance period
    • There is also a $1,500 bonus when you open a new business checking account and complete the following requirements:
      • Make Qualifying Deposits of $50,000 or more in new money within 30 days of opening the new business checking account
      • Maintain an average balance of $50,000 or more for next 60 days (day 31-90) during the maintenance period

    The Fine Print

    • This offer is only available to business owners who receive this offer via a direct communication from a Bank of America Specialist or from a Bank of America communication. This offer is intended for new customers only; you are not eligible for this offer if you were an owner or signer on a Bank of America Business Advantage Banking account within the last twelve (12) months. Only one bonus ($1,000) per business customer, regardless of the number of businesses owned or operated by the customer. Bank of America employees are not eligible for this offer. Offer expires on December 31, 2023, and all qualifying activities must be completed within the stated time frames in order to be eligible for this offer. Bank of America may change or discontinue this offer at any time before this date without notice. Reproduction, purchase, sale, transfer or trade of this offer is prohibited.
    • Requirements to Receive a $1,000 cash bonus:
      • Open a new Business Advantage Relationship Banking or Business Advantage Fundamentals™ Banking account by December 31, 2023: AND
      • Make Qualifying Deposits of $30,000 or more in new money* into your new Business Advantage Banking account within thirty (30) days of account opening; AND
      • Maintain an average balance of $30,000 or more during the Maintenance Period** into the new Business Advantage Banking account.
    • All account applications are subject to approval. Your account does not qualify for the bonus until you provide all of the information we require in connection with opening the account by the promotion end date December 31, 2023. This includes information we require to identify each account owner and to report the bonus to the Internal Revenue Service (IRS), including a validly completed IRS Form W-9 or Form W8 (as applicable). The value of this bonus may constitute taxable income to you. To the extent required by law, Bank of America may withhold tax or other amounts from the payment. Please consult your tax advisor, as neither Bank of America, its affiliates, nor their employees provide tax advice. Please consult a financial center, visit bankofamerica.com, or see the Business Schedule of Fees found at bankofamerica.com/businessfeesataglance for other account fees, rates and information.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    The lower level account is the Business Fundamentals at $18 per month. Fee is waived with one of the following:

    • Maintain a $5,000 combined average balance, or
    • Spend at least $250 in new net purchases on your business debit card, or
    • Become a member of Preferred Rewards for Business

    Early Account Termination Fee

    There is no early account termination fee.

    Our Verdict

    This is a $1,000 bonus but you need to tie up the $30,000 for 90 day. These accounts basically earn 0% APY, if you had the $30,000 in a 5% APY account for 90 days you’d earn $375 so this bonus is significantly better. After the 90 days you’ll have to keep $5,000 in the account to keep the account fee-free until the bonus posts (doesn’t look necessary). Probably not worth the risk with the targeted language so we won’t add this to the list of the best bank account bonuses.

    Useful posts regarding bank bonuses:

    Post history:

    • Update 1/18/24: Deal is back, this time the $1k option for $20k deposit (previously 30k) or a $1.5k option for $50k deposit (not previously offered)
    • This offer has targeted language ‘This offer is only available to business owners who receive this offer via a direct communication from a Bank of America Specialist or from a Bank of America communication’. Some people have seen the offer on the Bank of America homepage and in the past this language hasn’t been enforced so YMMV.

    [ad_2]

    William Charles

    Source link

  • [CT only] Savings Bank of Danbury $100-$300 Checking Bonus – Doctor Of Credit

    [CT only] Savings Bank of Danbury $100-$300 Checking Bonus – Doctor Of Credit

    [ad_1]

    Offer at a glance

    • Maximum bonus amount:$300
    • Availability: CT only
    • Direct deposit required: Depends on the bonus
    • Additional requirements: See below
    • Hard/soft pull: Soft pull
    • ChexSystems: Unknown
    • Credit card funding: Unknown
    • Monthly fees:
    • Early account termination fee: None found
    • Household limit: None listed
    • Expiration date:None listed

    The Offer

    Direct link to offer

    • Savings Bank of Danbury is offering a bonus of up to $300 when you open a new checking account with promo code Get123. Bonuses are as follows:
      • To qualify for the $100 cash bonus, you are required to open a new Priority Checking account and make 10 debit card transactions per month for two (2) consecutive months
      • To qualify for the $200 cash bonus you are required to open a new Priority Plus Checking account and have qualifying direct deposit(s) totaling $500 per month for two (2) consecutive months
      • To qualify for the $300 cash bonus you are required to open a new Priority Platinum Checking account and have qualifying direct deposit(s) totaling $500 per month for two (2) consecutive months

    The Fine Print

    • Minimum $50 to open a checking account.
    • This offer applies to new checking account customers.
    • New money is defined as money not currently on deposit with Savings Bank of Danbury.
    • New checking account customer is defined as anyone not having owned a checking account with Savings Bank of Danbury in the 180 days prior to taking advantage of this offer.
    • This offer is limited to one checking account per tax ID#.
    • Account must be opened and maintained in good standing for a period of 90 days from the opening date, (the introductory period) to qualify for each bonus.
    • An account is considered to be in “Good Standing” if the balance remains positive and no overdrafts are incurred.
    • To qualify for the $100 cash bonus, you are required to open a new Priority Checking account and make 10 debit card transactions per month for two (2) consecutive months.
    • To qualify for the $200 cash bonus you are required to open a new Priority Plus Checking account and have qualifying direct deposit(s) totaling $500 per month for two (2) consecutive months.
    • To qualify for the $300 cash bonus you are required to open a new Priority Platinum Checking account and have qualifying direct deposit(s) totaling $500 per month for two (2) consecutive months.
    • Qualifying direct deposits are regular, periodic automated clearing house (ACH) credits, which may include payroll, salary, pension or government payments (such as Social Security).
    • Transfers from another Savings Bank of Danbury deposit account do not qualify.
    • The maximum amount any customer can receive is $300.
    • Bonuses will be paid in the statement cycle following the first 90 days after qualifications have been met.
    • Promotion compensation is considered taxable income and an IRS-1099 form will be issued.
    • This offer is subject to change and to early termination without prior notice at any time.
    • Other fees and restrictions may apply. Savings Bank of Danbury employees and their immediate families are not eligible for this offer.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    • Priority Checking ($100 bonus). This account has no monthly fees
    • Priority Plus Checking ($200 bonus). This account has a $12 monthly fee that is waived with a $1,000 balance.
    • Priority Platinum Checking ($300 bonus). This account has a $20 monthly fee that is waived with a $2,000 balance.

    Early Account Termination Fee

    I wasn’t able to find any mention of any early account termination fee in the fee schedule.

    Our Verdict

    I think you either do the $100 bonus (to avoid the direct deposit requirement) or the $300 bonus as the $200 bonus seems a bit pointless (only advantage is it’s slightly easier to keep fee free). Last time we saw a bonus it was only for $150 so if you live in an eligible area I do think this one is worth doing and will add it to the best bank bonuses.

    Hat tip to reader Bockrr

    Useful posts regarding bank bonuses:

    [ad_2]

    William Charles

    Source link

  • [DE, MD, NJ, PA] Firstrust Bank $300 – $450 Checking Bonus, Direct Deposit Not Required – Doctor Of Credit

    [DE, MD, NJ, PA] Firstrust Bank $300 – $450 Checking Bonus, Direct Deposit Not Required – Doctor Of Credit

    [ad_1]

    Offer at a glance

    • Maximum bonus amount: $450
    • Availability: Must be a resident of DE, MD, NJ, PA
    • Direct deposit required: No
    • Additional requirements: See below
    • Hard/soft pull: Soft pull
    • ChexSystems: Unknown
    • Credit card funding:  Can fund at least $1,000 with a credit card
    • Monthly fees: Yes, $10 or $25 monthly fee (avoidable)
    • Early account termination fee: $25, 1 year
    • Household limit: One
    • Expiration date: 12/31/2024

    The Offer

    Direct link to offer

    • Firstrust Bank is offering up to 50,000 points when you open a new checking account. Bonuses are as follows:
      • Open a Eagles FirstPaySM Checking and earn 35,000 points when you spend $350 within 60 days
      • Open a Eagles FirstPaySM Premier Checking and earn 50,000 points when you spend $500 within 60 days

    The Fine Print

    • Limit 1 bonus reward points offer per household. Bonus points may be redeemed for gift cards, merchandise, or travel.
    • Bonus will be provided 60 days after completion of the spend requirement.
    • Points will not be earned for ATM or other cash withdrawals, for transferring funds, Bill Pay transactions, or for transactions using third-party money transmission service providers. Points can be redeemed through scorecardrewards.com.
    • Reward points have no cash value. Other terms and conditions apply, see Program Rules for complete details. Offer can be withdrawn at any time without notice.
    • New Eagles FirstPaySM checking customers can earn 35,000 bonus points. Eagles FirstPaySM customers will become eligible for the bonus points by making debit card purchases totaling $350 or more within 60 days of new account opening. Official Bonus Point Program Rules – FirstPaySM Debit Card
    • New Eagles FirstPaySM Premier checking customers can earn 50,000 bonus points. Eagles FirstPaySM Premier customers will become eligible for the bonus points by making debit card purchases totaling $500 or more within 60 days of new account opening. ‍Official Bonus Point Program Rules – FirstPaySM Premier Debit Card
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    FirstPay Checking Account

    To avoid monthly maintenance fee ($10), account is required to have one of the following each month: $500 minimum daily balance, monthly direct deposit, 10 debit card purchases or 5 online bill payments.

    FirstPay Premier Checking

    To avoid monthly maintenance fee ($25), account is required to have one of the following maintain $5,000 combined balance in deposits accounts or have $50,000 in consumer loans and lines of credit balances.

    Early Account Termination Fee

    There is an early account termination fee of $25 if closed within a year.

    Our Verdict

    The points system is a bit annoying but the some redemptions are:

    • 12,400 points = $100 cash back via ACH
    • 10,800 points = $100 gift card to Amazon, Walmart, Target, Home Depot, Cabela’s Best Buy, Sephora
    • 3600 points = $25 cash back via ACH
    • 6500 points = $50 cash back via ACH
    • 9500 points = $75 cash back via ACH
    • 5500 points = $50 gift card to Amazon, Home Depot, Darden Restaurants, Best Buy, etc…
    • 3200 points = $25 gift card to Apple
    • 2700 points = $25 gift card to Barnes & Noble

    So the 35,000 point bonus is basically 3 x $100 gift cards and the 50,000 point bonus is 4 x $100 gift cards and a $50 ACH. Even though the points are annoying this is better than when it’s an all cash bonus and very much doing doing as no direct deposit is required. Will add this to our list of the best bank account bonuses.

    Useful posts regarding bank bonuses:

    [ad_2]

    William Charles

    Source link

  • [NY] Walden Savings Bank $250 Checking Bonus, Direct Deposit Optional – Doctor Of Credit

    [NY] Walden Savings Bank $250 Checking Bonus, Direct Deposit Optional – Doctor Of Credit

    [ad_1]

    Offer at a glance

    • Maximum bonus amount: $250
    • Availability: NY
    • Direct deposit required: Optional
    • Additional requirements: See below
    • Hard/soft pull: Unknown
    • ChexSystems: Unknown
    • Credit card funding: Unknown 
    • Monthly fees: None
    • Early account termination fee: Six months, bonus forfeit
    • Household limit: None
    • Expiration date:December 31, 2024

    The Offer

    Direct link to offer

    • Walden Savings Bank is offering a bonus of $250 when you open a new checking account and complete the following requirements:
      • Use promo code Walden Way
      • Complete one of the following within the first 60 days:
        • Establish a monthly direct deposit of $500 or more
        • Perform debit card purchases totaling a minimum of $500 or
        • Set up and process automatic payments from their WSB loan
      • Be enrolled with online/ mobile banking

    The Fine Print

    • To receive the $250 bonus, customer must open and maintain a new Walden Savings Bank Checking Account and complete one of the following within the first 60 days after account opening: 1. Establish a monthly direct deposit of $500 or more 2. Perform debit card purchases totaling a minimum of $500 or 3. Set up and process automatic payments from their WSB loan. Additionally, customers must be enrolled with online/ mobile banking.
    • One bonus per customer with no additional or previous checking accounts at Walden Savings Bank within the past 2 years.
    • Bonus will be deposited into your primary checking account within 30 days of requirements being met and is subject to IRS reporting.
    • Offer valid through December 31, 2024.
    • This offer is subject to change or terminate at any time.
    • Cannot be combined with any other offer.
    • Should the account be closed within six months by the customer or Walden Savings Bank, the $250 account bonus will be deducted from the closing amount.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    This account has no monthly fees to worry about.

    Early Account Termination Fee

    Bonus forfeit if closed within six months of account opening

    Our Verdict

    Always nice to see such a big bonus with no direct deposit required.

    Hat tip to Bockrr

    Useful posts regarding bank bonuses:

    [ad_2]

    William Charles

    Source link

  • [ND, MT only] Bravera Bank $200 Referral Bonus, No Requirements – Doctor Of Credit

    [ND, MT only] Bravera Bank $200 Referral Bonus, No Requirements – Doctor Of Credit

    [ad_1]

    Update 5/30/24: This has been increased to $200 from $100.

    Offer at a glance

    • Maximum bonus amount: $100 referral
    • Availability: ND, MT
    • Direct deposit required: No
    • Additional requirements: None
    • Hard/soft pull: Unknown
    • ChexSystems: Unknown
    • Credit card funding: Unknown
    • Monthly fees: None
    • Early account termination fee: Unknown
    • Household limit: None listed
    • Expiration date: None listed

    The Offer

    Direct link to offer

    • Bravera Bank is offering a $200 referral bonus. Both parties earn $100 when the new user opens a new checking account and keeps it open for at least 60 days

    The Fine Print

    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    Free checking has no monthly fees to worry about.

    Early Account Termination Fee

    I wasn’t able to find a fee schedule so unsure if there is an early account termination fee.

    Our Verdict

    Nice thing about this bonus is that it has no requirements. Feel free to share your referrals in the comments below, just share if it’s a hard or soft pull as well.

    Useful posts regarding bank bonuses:

    [ad_2]

    William Charles

    Source link