ReportWire

Tag: nj bank bonuses

  • [NJ, NY & PA] OceanFirst Bank $500 Checking Account Bonus – Doctor Of Credit

    Update 8/19/25: New link available for $500 instead of $300. Same requirements. 

    Update 8/17/25: Deal is back until 09/26/25. This time until for $300. Hat tip to reader PS

    Offer at a glance

    • Maximum bonus amount: $235
    • Availability:  New Jersey, New York & Pennsylvania
    • Direct deposit required: Yes, $500+ per month
    • Additional requirements: See below
    • Hard/soft pull: Soft
    • ChexSystems: Unknown, sensitive (might not be sensitive in branch)
    • Credit card funding: None
    • Monthly fees: None
    • Early account termination fee: 12 months, bonus forfeit
    • Household limit: None listed
    • Expiration date: 12/31/22

    The Offer

    Direct link to offer

    • OceanFirst is offering a bonus of $500 when you open a new free style checking account and complete the following requirements:
      • At least two cycles of an electronic recurring direct deposit of $500 or more has posted to the account
      • eStatements is elected
      • Accountholder is active on the OceanFirst Bank mobile app within 30 days leading up to the bonus payout date

     

    The Fine Print

    • Promotion runs 09/06/22 through 12/31/22.
    • Offer available for New FreeStyle Checking account customers only.
    • Account must be opened with funds not currently on deposit at OceanFirst Bank.
    • Eligibility for the $235 bonus requires that all three of the following conditions are met: At least two cycles of an electronic recurring direct deposit of $500 or more has posted to the account, eStatements is elected and the accountholder is active on the OceanFirst Bank mobile app within 30 days leading up to the bonus payout date.
    • Bonus will be paid on the first business day after your 90-day account opening anniversary.
    • All cash bonuses are taxable.
    • $50 minimum to open any OceanFirst checking account.
    • FreeStyle Checking features no monthly minimum balance requirement.
    • Account must remain open and active for one year or bonus will be forfeited. All Annual Percentage Yields (APYs) on interest-bearing accounts subject to change.
    • 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 12 months

    Our Verdict

    Not as good as the most recent $250 deal with no direct deposit required. But that hasn’t been available since 2019 so if you live in an eligible area then this deal is worth doing. We will add this to our list of the best checking bonuses.

    Hat tip to Bockrr

    Useful posts regarding bank bonuses:

    William Charles

    Source link

  • [NJ & PA] Parke Bank $450 Checking Bonus – Doctor Of Credit

    [NJ & PA] Parke Bank $450 Checking Bonus – Doctor Of Credit

    Offer at a glance

    • Maximum bonus amount: $450
    • Availability: To be a resident of New Jersey or select Eastern Pennsylvania counties (the zip code provided in your application will receive an error stating “Zip code is not valid for this application” in the event that your zip code is not in an approved area).
    • Direct deposit required: Yes, $500+
    • Additional requirements: See below
    • Hard/soft pull: Soft pull
    • ChexSystems: Unknown
    • Credit card funding: Unknown
    • Monthly fees: $7, avoidable
    • Early account termination fee: 12 months for the full bonus
    • Household limit: None
    • Expiration date: None listed

    The Offer

    Direct link to offer

    • Parke Bank is offering a $500 bonus when you open a new checking account. Bonus broken down as follows:
      • Open this special checking account and receive $250 after having two qualifying direct deposits totaling $500 or more post to your account within 90 day
      • On the one-year anniversary of the account (with at least two additional qualifying direct deposits), you will be eligible for an additional $250

    The Fine Print

    • Minimum deposit to open account is $1,000. If the minimum daily balance falls below $1,000 a $7.00 per month service fee will be charged, and the customer will not be eligible for the $250 bonus.
    • New money only.
    • (Funds not on deposit with Parke Bank within the last 30 days.)
    • A qualifying direct deposit is defined as a recurring direct deposit (paycheck, pension, Social Security or other regular monthly income electronically deposited by an employer or outside agency). Funds that do not qualify are credit card payments, cash advances, wire transfers, person-to-person transfers and deposits made at an ATM or physical branch.
    • Product is a non-interest-bearing checking account.
    • Offer may be discontinued, extended or changed at any time.
    • This product is only for personal accounts.
    • Business Accounts are not eligible for this promotion.
    • Parke Bank employees and families of employees are not eligible for this offer.
    • Limit of one bonus per customer.
    • Your account must remain open to receive this bonus.
    • Bonus will be credited within 30 days after all conditions have been met.
    • All account applications are subject to approval.
    • As stated in the Deposit Account Agreement, accounts with a zero balance may be closed, by the Bank, without prior notice.
    • The value of the bonus is considered taxable income. Please consult with your tax advisor.
    • 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 a $7 monthly fee, this is waived if you have a balance of $1,000+.

    Early Account Termination Fee

    As far as I know there is no EATF. But account does need to be kept open for 12 months.

    Our Verdict

    Previously there was a bonus that was $20 per month. This is better as it doesn’t need to be opened in branch and you can get the full bonus quicker as well. We will add this to our list of the best checking bonuses.

    Hat tip to ShawntheShawn

    Useful posts regarding bank bonuses:

    William Charles

    Source link

  • [CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, VT, VA, D.C., MD, FL, In Branch] Citizens Bank $700 Checking & Savings Bonus – Doctor Of Credit

    [CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, VT, VA, D.C., MD, FL, In Branch] Citizens Bank $700 Checking & Savings Bonus – Doctor Of Credit

    Offer at a glance

    • Maximum bonus amount: $700
    • Availability: CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, VT, VA, D.C., MD, FL
    • Direct deposit required: Yes, $500+
    • Additional requirements: See below
    • Hard/soft pull: Soft pull as long as you opt out of over draft protecton.
    • ChexSystems: Mixed data points
    • Credit card funding: None
    • Monthly fees: $9.99, avoidable
    • Early account termination fee: None
    • Household limit: None
    • Expiration date: 9/7/24

    The Offer

    Direct link to offer

    • Citizens Bank is offering a $700 bonus when you open a new checking & savings account. Bonus broken down as follows:
      • Open your first new personal checking account and set up and make at least one single direct deposit of $500 or more within 60 days of account opening
      • Open a savings account on the same day and earn a bonus of up to $600 (funds must be maintained until December 31, 2024):
        • $200 bonus: make a single or multiple deposits totaling $5,000
        • $400 bonus: make a single or multiple deposits totaling $10,000
        • $600 bonus: make a single or multiple deposits totaling $15,000

    The Fine Print

    • To Earn Bonus: To earn a $100 Checking bonus, open your first new personal checking account between 8/30/24 and 9/7/24 and have at least one single direct deposit of $500 or more post into your new checking account within 60 days of account opening. To earn a Savings bonus, open your first new personal savings account on the same date as the above new checking account (direct deposit not required) and have the required minimum total deposit (with money not currently on deposit with Citizens) post into your new savings account within 10 days of account opening and remains on deposit until date stated in the table below. Deposits between $5,000.00-$9,999.99 will receive a $200 bonus, or deposits between $10,000.00-$14,999.99 will receive a $400 bonus, or deposits equaling $15,000 or more will receive a $600 bonus.
    • To earn the total bonus up to $700, you must qualify for both the Checking and one of the Savings bonuses noted above. Qualifications: Primary signer on the new checking and savings accounts may not be or have been a signer on any Citizens personal checking or savings account within the previous six months.
    • Your new account(s) must have a balance greater than zero and remain open and active through the payout date stated in the table below to qualify for this offer.
    • Direct deposit is recurring income electronically deposited into your Citizens checking account and may include salary, pension, and other regular income. Certain forms of electronically deposited funds may not be considered eligible direct deposits, including those originating from peer-to-peer money transfer applications such as Zelle®, CashApp®, Venmo® or PayPal®. Eligibility: Customer will only be paid a one-time bonus for this program. Only one checking account and one savings account are eligible for a bonus.
    • Offers may be withdrawn without notice and cannot be combined with any other checking offer.
    • Offer eligibility is determined at Citizens’ sole discretion.
    • Payout: Bonus will be deposited to the new checking account by the date stated in the table below and will be labeled as “Balance Builder Bonus”. If your new checking account is closed prior to payout date stated in the table below, then your new savings account will also no longer be eligible for this offer.
    • Bonus will be reported to the IRS for income tax purposes.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    Need to sign up for online statements otherwise there is a $3 fee.

    Citizens Bank One Deposit Checking Account $9.99 Monthly Fee

    The One Deposit checking account comes with a $9.99 monthly fee. Fee is waived by making one deposit each statement period. (According to this comment they really do count any deposit – even a transfer from another Citizens Bank account will trigger this.)

    Early Account Termination Fee

    As far as we know there is no early account termination fee.

    Our Verdict

    Normally there is a $400 checking bonus, so this is an extra $300 if you max out the bonus. Basically need to tie the funds up for 3 months, if you put $15,000 into an account for 3 months that earned 5% you’d earn $187.5 so this bonus is worth doing if you can spare the $15,000 for that long. The smaller bonuses aren’t worth doing as you are better off sticking to the standard $400 checking bonus that is frequently available. We will add this to our list of the best bank account bonuses.

    Hat tip to reader Alex

    Useful posts regarding bank bonuses:

    William Charles

    Source link

  • [AL, CT, D.C., MD, VA, WV, FL, NJ, NY, and PA Only] Valley National Bank $400 Checking Bonus ($20 Per Month) – Doctor Of Credit

    [AL, CT, D.C., MD, VA, WV, FL, NJ, NY, and PA Only] Valley National Bank $400 Checking Bonus ($20 Per Month) – Doctor Of Credit

    Offer at a glance

    The Offer

    Direct link to offer

    • Valley National Bank is offering a sign up bonus of $400 when you open a new Valley All Access Checking+ and completing the following requirements:
      • Receive two or more qualifying direct deposits with a cumulative total of $7,500 or more within 90 days of account opening

    The Fine Print

    • Minimum to open is $100.
    • No monthly maintenance charge for 12 months from account opening.
    • After that, monthly maintenance charge of $15 will be incurred if daily balance of $99 is not maintained.
    • To receive the $400 reward, the account must receive two or more qualifying direct deposits with a cumulative total of $7,500 or more within the first 90 days from the date of account opening.
    • Qualifying direct deposits are defined as recurring payroll direct deposits or electronic deposits of pension or government benefits such as Social Security that are made by an employer or other payer using the account and routing numbers that you provide to them.
    • Transfers from one account to another, online or mobile banking deposits, or deposits made at a branch or ATM do not qualify as direct deposits.
    • This reward is being provided for the use of the product and services established.
    • The one-time $400 reward will be credited into your account within 30 days after: (1) the qualifying direct deposit requirement has been satisfied and (2) the account has been opened for a minimum of 90 days. Reward may be reportable as taxable income.
    • To be eligible for the cash reward, all account holders must have no other Valley personal checking accounts within the one-year period preceding the date of account opening.
    • The reward is limited to one per Valley All Access Checking+ account.
    • All subsequent checking accounts opened by the account holder(s) after the initial checking account will not be eligible for the promotional reward.
    • Offer may be withdrawn or modified without prior notice.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    $15 monthly fee:

    • Waived for first 12 months
    • After that, monthly maintenance charge of $15 will be incurred if daily balance of $99 is not maintained

    Early Account Termination Fee

    There is no early account termination fee.

    Our Verdict

    Unfortunately they are ChexSystems sensitive. This is a better offer than the $20 per month offered in the past. Worth doing if you have a low Chex count and maybe worth trying to do in branch with a higher count but I suspect most readers will be denied. We will add this to our best bonus page though.

    Hat tip to Bank Account Bryan

    Useful posts regarding bank bonuses:

    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

    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:

    William Charles

    Source link

  • [NH, FL, MA, RI, CT, DE, NY, NJ, or PA, In Branch] Santander $500 Business Checking Bonus – Doctor Of Credit

    [NH, FL, MA, RI, CT, DE, NY, NJ, or PA, In Branch] Santander $500 Business Checking Bonus – Doctor Of Credit

    Offer at a glance

    • Maximum bonus amount: $500
    • Availability: NH, FL, MA, RI, CT, DE, NY, NJ, or PA, In Branch
    • Direct deposit required: No
    • Additional requirements: See below
    • Hard/soft pull: Soft pull
    • ChexSystems: Yes
    • Credit card funding: Up to $500 (not sure if possible in branch and if it is, likely to be a cash advance)
    • Monthly fees: $15, avoidable
    • Early account termination fee: $25, 90 days
    • Household limit: None
    • Expiration date: 7/30/24.

    The Offer

    Direct link to offer

    • Santander Bank is offering a bonus of $500 when you open a new checking account and complete the following requirements:
      • Use promo code BUS500Q124SEA
      • Maintain an average daily balance of $2,500

    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

    Business checking has a $15 monthly fee.

    • Maintain $5,000 average daily balance in the checking account OR
    • Maintain $10,000 in combined business deposit account balances with same ownership5 OR
    • Have 3 or more purchases using a Santander® Business Debit Mastercard® post into your account OR
    • Receive one or more Santander Merchant Services payments in your account3 OR
    • Incur $50 or more in cash management service fees4.

    Early Account Termination Fee

    $25 if closed within 90 days

    Our Verdict

    Better than the previous $550 bonus as it’s easier to trigger the bonus. Downside to this is that it needs to be opened in branch. Still very much worth doing if you have a business and live in an eligible state so we will add this to our list of the best checking bonuses.

    Useful posts regarding bank bonuses:

    William Charles

    Source link

  • [CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, VT, VA, D.C., MD, FL] Citizens Bank $300 Savings Bonus – Doctor Of Credit

    [CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, VT, VA, D.C., MD, FL] Citizens Bank $300 Savings Bonus – Doctor Of Credit

    Offer at a glance

    • Maximum bonus amount: $300
    • Availability: CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, VT, VA, D.C., MD, FL
    • Deposit required: $15,000
    • APY: 0.07% APY
    • Hard/soft pull: Soft pull as long as you opt out of over draft protecton.
    • ChexSystems: Mixed data points
    • Credit card funding: None
    • Monthly fees: Avoidable
    • Early account termination fee: None
    • Household limit: None
    • Expiration date: 4/16/24

    The Offer

    Direct link to offer

    • Citizens Bank is offering a $300 bonus when you open a new savings account and complete the following requirements:
      • Deposit a minimum of $15,000 not already on deposit with Citizens within 10 days of account opening and maintain balance until:
        • June 30, 2024 for accounts opened in March
        • July 31, 2024 for accounts open in April
      • You must also have an existing Citizens Quest Checking account or open a new Citizens Quest Checking account between 3/26/24 and 4/16/24

    The Fine Print

    • To earn a $300 bonus, open your first new savings account between 3/26/24 and 4/16/24 and have a minimum of $15,000 not already on deposit with Citizens post within 10 days of account opening and remains on deposit until date stated in the table below.
    • You must also have an existing Citizens Quest Checking account or open a new Citizens Quest Checking account between 3/26/24 and 4/16/24.
    • Qualifications: Primary signer on the new savings account may not be or have been a signer on any Citizens personal savings account within the previous six months.
    • Your new savings account and your new or existing checking account must have a balance greater than zero and remain open and active through the payout date stated in the table below to qualify for this offer.
    • Eligibility: Customer must open their first new savings account via Citizens’ online account opening system accessed by clicking on one of the links on this page.
    • Customer should print this screen for their records. Customer will only be paid a one-time bonus for this program. Only one savings account is eligible for a bonus. Offers may be withdrawn without notice and cannot be combined with any other savings offer. Offer eligibility is determined at Citizens’ sole discretion. Payout: Bonus will be deposited to the checking account by the date stated in the table below and will be labeled as “Balance Builder Bonus”. If your checking account is closed prior to payout date stated in the table below, then your new savings account will also no longer be eligible for this offer. Bonus will be reported to the IRS for income tax purposes.
    • 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 fee as long as you have a Quest checking account.

    Early Account Termination Fee

    As far as we know there is no early account termination fee.

    Our Verdict

    You can get a $400 checking bonus if you don’t already have a checking account with Citizens Bank. Just keep in mind you need a Quest checking account and that’s more difficult to keep fee free. At minimum you’d need the funds in the account for 3 months, this works out to be an annualized return of 8%. Slightly better than high yield savings accounts but probably not worth it for most people due to the harder to keep fee free account.

    Hat ti to Phil P

    Useful posts regarding bank bonuses:

    William Charles

    Source link

  • [AZ, CA, FL, IN, MI, NJ, NY, OH, WI] Flagstar Bank $250-$350 Checking Bonus – Doctor Of Credit

    [AZ, CA, FL, IN, MI, NJ, NY, OH, WI] Flagstar Bank $250-$350 Checking Bonus – Doctor Of Credit

    Offer at a glance

    • Maximum bonus amount: $350
    • Availability: Arizona, California, Florida, Indiana, Michigan, New Jersey, New York, Ohio, and Wisconsin
    • Direct deposit required: Yes, $500+
    • Additional requirements: $500 average balance
    • Hard/soft pull: Soft pull
    • ChexSystems: Unknown
    • Credit card funding: None
    • Monthly fees: $0-$15
    • Early account termination fee: 180 days, bonus forfeit
    • Household limit: One
    • Expiration date: April 30, 2024

    The Offer

    Direct link to offer

    • Flagstar Bank is offering a checking bonus of up to $350.
      • $250 when you open a Flagstar Ready Checking and complete the following requirements:
        • Maintain an average daily balance of $500+
        • Have one or more direct deposits totaling $500 or more
      • $350 when you open a Flagstar Elite Checking and complete the following requirements:
        • Maintain an average daily balance of $500+
        • Have one or more direct deposits totaling $500 or more

    The Fine Print

    • You must be a new personal checking customer of Flagstar Bank.
    • You must open a Flagstar Ready Checking or Flagstar Elite Checking account.
    • Minimum $50 deposit to open checking account.
    • You will receive a $250 credit for Flagstar Ready Checking or a $350 credit for Flagstar Elite Checking into this account as a bonus 91-104 days after an initial deposit is made to the new account (account funding) opened, subject to the following conditions:
    • Within the first 90 days of the account funding (bonus period) you must maintain an average daily Balance of $500 or more and have one or more direct deposits (ACH credits) totaling $500 or more.
    • Additionally, (i) this offer is limited to one checking bonus per household, (ii)Flagstar Ready Checking account must be funded within 90 days of the account opening date, Flagstar Elite Checking account must be funded within 60 days of the account opening date, (iii) early account closure fee and reclamation of bonus may be imposed for accounts closed within 180 days, and (iv) Flagstar Bank employees are not eligible for the offer.
    • If you have been paid a checking cash bonus previously, you are ineligible to receive this offer.
    • For tax purposes, you will receive an IRS form from Flagstar Bank.
    • Offer subject to change or cancellation at any time without notice. Receiving this offer does not guarantee your eligibility. A
    • ll account applications are subject to our normal approval process. Area restrictions may apply.
    • Offer expires April 30, 2024.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    • Flagstar ready checking account has no monthly fee when you opt into eStatements
    • Flagstar Elite Checking has a $15 monthly service charge, waived when you maintain a $25,000 combined monthly average balance in your Flagstar personal deposit accounts

    Early Account Termination Fee

    Bonus is forfeit if account is closed within 180 days

    Our Verdict

    Previously there was a $250 bonus that didn’t require a direct deposit. Seems to be available in more states now. The $350 checking bonus isn’t worth considering due to the $25,000 deposit requirement to keep the account fee free (remember account needs to be kept open for 180 days to avoid the closure fee). If you put those funds into a high yield account earning 5% you’d earn $625. We will add this bonus to our best bank account bonuses.

    Hat tip to reader Jason S

    Useful posts regarding bank bonuses:

    William Charles

    Source link

  • TD Bank $300 Checking & $200 Savings [CT, DC, DE, FL, MD, ME, MA, NC, NH, NJ, NY, PA, RI, SC, VT, & VA] – Doctor Of Credit

    TD Bank $300 Checking & $200 Savings [CT, DC, DE, FL, MD, ME, MA, NC, NH, NJ, NY, PA, RI, SC, VT, & VA] – Doctor Of Credit

    Update 2/21/24: You can now also get a $60-$75 Swagbucks or MyPoints bonus on top of the $200/$300 TD bonus. (ht t0 reader Dylan)

    Offer at a glance

    • Maximum bonus amount: $500
    • Availability:CT, DC, DE, FL, MD, ME, MA, NC, NH, NJ, NY, PA, RI, SC, VT, & VA
    • Direct deposit required: Yes, $500+ for $150 bonus or $2,500 for $300 bonus
    • Additional requirements: See below
    • Hard/soft pull: Soft
    • ChexSystems: Unknown
    • Credit card funding: Up to $1,000 (a lot of cards process as cash advance)
    • Monthly fees: Up to $25, waive-able
    • Early account termination fee: Six months, bonus forfeit
    • Household Limit: None mentioned
    • Expiration date: March 13th, 2019 May 8th, 2019 September 18th, 2020 March 31, 2021

    The Offer

    Direct link to offer

    • TD Bank is offering a bonuses of up to $500, bonuses are broken down as follows:
      • $300 Premier Checking Bonus
        • Open Premier checking account and make $2,500 in direct deposits within the first 60 days
      • $150 Convenience Checking:
        • Open Convenience checking account and make $500 in direct deposits within the first 90 days
      • $200 Simple/Beyond Savings Bonus:
        • Deposit $10,000 or more in new money within 20 days and maintain that balance for 90 days

     

    The Fine Print

    • Customers who received a bonus on a prior checking and/or savings account do not qualify.
    • One checking and/or savings bonus per Customer and cannot be combined with any other offer. Customers who received a bonus on a prior checking and/or savings account do not qualify
    • $300 bonus offer available to eligible new personal checking Customers when opening a TD Beyond Checking account with cumulative direct deposit funds of $2,500 or more into the new checking account within 60 days of account opening.
    • $150 bonus available to eligible new personal checking Customers when opening a TD Convenience CheckingSM account with cumulative direct deposit funds of $500 or more into the new checking account within 60 days of account opening.
    • Qualifying direct deposits include your paycheck, pension, government benefits (such as Social Security), or other eligible regular monthly income from your employer or the government electronically deposited into your checking account.
    • Person-to-person and bank transfers between your TD Bank accounts or accounts you have at other financial institutions or brokerages do not qualify.
    • Savings offer is available to new personal savings Customers who do not have an existing or prior personal savings or money market account at TD Bank within the preceding 12 months and complete the required qualifying criteria.
    • $200 bonus offer available to eligible new personal savings Customers who open a TD Preferred Savings or TD Simple Savings account (CDs, IRAs and Money Market accounts excluded) and deposit $20,000 or more in new money within 20 calendar days of account opening and maintain a minimum daily balance of $20,000 for at least 90 days from the date the deposit requirement is met. New money is funds that are not currently held in a TD Bank retail deposit account. Broker, municipal, commercial and small business deposits are not included.
    • Once the offer criterion is met, the bonus will be credited to the new personal checking and/or personal savings account no later than 140 days from account opening. Account(s) must remain open, active, in good standing and in the same product type through the qualifying period to receive the bonus.
    • If either checking or savings account is closed by the Customer or TD Bank within 6 months after account opening, TD Bank does reserve the right to deduct the bonus amount from that account at closing.
    • TD Bank may issue you an IRS Form 1099-MISC, or other appropriate forms reporting the value of the bonus.
    • Offer may be withdrawn at any time and is subject to change.
    • One bonus per account per Customer and cannot be combined with any other offer.
    • In the event any of the above-mentioned checking or savings accounts are no longer for sale, offer is transferable to an equal tier account. TD Bank employees and Canadian cross-border banking Customers are not eligible.

    Avoiding Fees

    TD Convenience Checking $15 Monthly Fee

    This is waived if you have a minimum daily balance of $100.

    TD Premier Checking $25 Monthly Fee

    This is waived if you have a minimum daily balance of $2,500.

    TD Beyond Savings $15 Monthly Fee

    This account has a $15 monthly fee, this is waived if you have a $20,000 minimum daily balance.

    TD Simple Savings $5 Monthly Fee

    This account has no monthly fee for the first year and after that period a $5 fee is charged if a monthly minimum of $300 or less.

    Early Account Termination Fee

    In their online fee schedule, there is no mention of an early account termination fee. The fine print does say the accounts need to be kept open for 6 months or the bonus is forfeit though.

    Our Verdict

    Previously this was targeted, now it’s available in selected states. In fact you can do this bonus even if you’ve done a TD Bank bonus before (new terms added mean this is no longer possible). Savings bonus should be worth doing as you only need $10,000 in the account for 90 days and no monthly fee to worry about in the first year. That works out to be an effective interest rate of 8%+. The checking bonus is also worth doing.

    I’d recommend doing this ASAP as it’s the best bonus we’ve seen from TD Bank and it also seems like they are letting people do it again. We’ve never seen that before either so I’d be worried they will pull this bonus early. We will add this to our list of the best bank account bonuses.

    Useful posts regarding bank bonuses:

    Post history:

    • Update 2/10/24: Extended until February 29, 2024
    • Update 1/2/24: Offer ends January 31, 2024
    • Update 11/30/23: Extended until 12/31/23.
    • Update 11/13/23: Extended until November 30, 2023.
    • Update 11/2/22: Deal is back and valid until October 31, 2023. Savings bonus only requires $10,000 instead of $20,000.
    • Update 3/27/22: Extended until October 31st, 2022.
    • Update 3/4/21: Extended until March 31st, 2022.
    • Update 8/2/21: Extended until Nov. 30 2021.
    • Update 4/10/21: Offer extended to August 3, 2021. Hat tip to reader AC
    • Update 3/21/21: Terms now state ‘Customers who received a bonus on a prior checking and/or savings account do not qualify.’ again.
    • Update 3/19/21: Terms have changed again and bonus is churnable:
    • New terms: Checking offer is available to new personal checking Customers who do not have an existing or prior personal checking account at TD Bank within the preceding 12 months
    • Old terms: Customers who received a bonus on a prior checking and/or savings account do not qualify. Hat tip to reader Dinu D
    • Update 1/21/21: Deal is back and with the savings bonus. Hat tip to redditgirl313
    • Update 1/12/21: Savings bonus no longer being offered.
    • Update 11/27/20: There is a link without any targeted language. It does say it’s an affiliate link, it’s not our affiliate link (not sure who it belongs to) but worth keeping in mind. Hat tip to Yun
    • Update 9/19/20: Deal is back, but contains the following targeted language again (emphasis mine) ‘Offer is valid through November 20, 2020, for those who received a promotional email or mailer.’
    • Update 7/26/20: Deal is back, doesn’t contain targeted language any longer. In addition it seems possible to get this bonus if you’ve had a TD Bank account before. Normally it states ‘who do not have an existing or prior personal checking account at TD Bank’, this bonus states ‘…offer is available to new personal checking Customers who do not have an existing or prior personal checking account at TD Bank within the preceding 12 months and complete the required qualifying criteria’. Hat tip to reader Michael L.
    • Update 2/5/20: Deal is back and valid until March 23rd, 2020. Still targeted.
    • Update 10/31/19: Deal is back and valid until December 31st, 2019. Hat tip to DDG
    • Update 7/11/19: Deal is back and valid until 8/21
    • Update 3/21/19: Offer is back and valid until May 8th, 2019. Still targeted unfortunately. Hat tip to readers Amish M &

    William Charles

    Source link

  • [DE, PA & NJ only] Sun East Federal Credit Union $150 Referral Checking Bonus – Doctor Of Credit

    [DE, PA & NJ only] Sun East Federal Credit Union $150 Referral Checking Bonus – Doctor Of Credit


    Offer at a glance

    • Maximum bonus amount:
    • Availability: DE, PA and NJ only. Might be nationwide with $10 donation but lots of accounts were not approved last time.
    • Direct deposit required: Yes, no minimum specified
    • Additional requirements:See below
    • Hard/soft pull: Soft
    • ChexSystems: Yes
    • Credit card funding: $550
    • Monthly fees: None
    • Early account termination fee: None
    • Household limit: None listed
    • Expiration date: None listed

    The Offer

    Direct link to offer

    • Sun East Federal Credit Union is offering a $150 referral bonus to both parties when the new customer completes the following requirements:
      • open a checking account,
      • establish direct deposit, and conduct at least 1 direct deposit transaction into the checking account within 45 days of account activation
      • deposit a minimum of $250 within 45 days of account activation and have $250 in the account on day 45

    The Fine Print

    • To be eligible for the program an Advocate must be a Sun East member in good standing, as defined in our bylaws, having a principal residence in Delaware, Maryland, New Jersey, or Pennsylvania, and has been a member for at least 6 months. 
    • The referred new member or Friend must remain in good standing for 45 days from the date of account opening. A Friend must also: 1) meet the residency requirements; 2) open a checking account, establish direct deposit, and conduct at least 1 direct deposit transaction into the checking account within 45 days of account activation; and 3) deposit a minimum of $250 within 45 days of account activation and have $250 in the account on day 45. Internal account transfers (transfers between accounts held by Sun East) are not eligible to meet the checking account minimum. 
    • Existing primary members/Advocates and joint owners on such accounts who open new accounts do not qualify as Friends and will not receive a referral bonus. Former members may qualify as a Friend if their account was closed for at least 6 months before the date of reopening. 
    • Once a Friend is referred by an Advocate, no other members may refer that same Friend. 
    • Members who open accounts by fraudulent, suspicious, or illegal means, or who make referrals or open accounts in a manner not consistent with the spirit or intent of the Program, as determined in our sole discretion, are not eligible to participate and referral bonuses will be denied. 
    • A valid referral for the reward bonus requires:
      • Advocate must remain in good standing for the 45 days of Friend’s account opening;
      • Friend must complete the Sun East membership application by accessing it through the Advocate’s personal link; and
      • Friend must be approved for membership, meet the residency requirements, and account requirements as disclosed.
    • 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 so unsure if there is any EATF.

    Our Verdict

    Previously there was a $300 checking bonus. Feel free to share your referrals in the comments below. Anyone can join Sun East credit union with a $10 donation to the Sun East Foundation if they don’t meet the local criteria. A lot of people were denied when there was a high yield account offer.

    Hat tip to reader Phil P

    Useful posts regarding bank bonuses:



    William Charles

    Source link

  • [NJ] Blue Foundry Bank $300 Checking + $300 Savings Bonus – Doctor Of Credit

    [NJ] Blue Foundry Bank $300 Checking + $300 Savings Bonus – Doctor Of Credit


    Offer at a glance

    • Maximum bonus amount: $300
    • Availability: NJ only
    • Direct deposit required: Yes, $500+ for six months
    • Additional requirements: See below
    • Hard/soft pull: Unknown
    • ChexSystems: Unknown
    • Credit card funding: Unknown
    • Monthly fees: None
    • Early account termination fee: $10, three months
    • Household limit: None
    • Expiration date: None listed

    The Offer

    Direct link to offer

    • Blue Foundry Bank is offering up to $600 in bonuses. Bonuses broken down as follows:
      • $300 when you open a Blue Axis Edge® Checking and receive a direct deposit of $500+ per month for six months
      • $300 when you open a Blue Axis Edge® Savings, deposit $15,000+ and maintain it for six months

    The Fine Print

    • Only one bonus per tax id, per product. Blue Foundry Bank reserves the right to modify or discontinue the bonuses at any time.
    • Accounts opened online require eBanking enrollment.
    • Bonus is not available to existing Blue Foundry Bank Checking customers or customers that have closed their checking account within the last 12-months.
    • Bonus will be earned when account maintains a consecutive combined direct deposit of $500 or more each month during the 6-month (182 days) qualification period.
    • The direct deposit must be credited to the account within the first 60 days of account opening. Once the qualification period has concluded, the account will be credited the $300 bonus within 60 days.
    • For tax purposes, bonus will be reported on form 1099. 2 Unlimited ATM fee rebates apply to cash withdrawals using your Debit Mastercard® at all participating Accel and Cirrus ATMs worldwide.
    • ATM fee rebates do not apply to any fees other than those assessed for using an ATM to withdraw cash from your account. Blue Foundry Bank® makes its best effort to identify those ATM fees eligible for rebate, based on information it receives from ATM operators.
    • Blue Foundry Bank reserves the right to modify or discontinue the ATM fee rebate at any time.
    • Bonus will be earned when a single deposit of $15,000 or more of new money is deposited into the account and the balance is maintained for a 6-month (182 days) qualification period. New money is defined as money not currently on deposit with Blue Foundry Bank.
    • Once the qualification period has concluded, the account will be credited the $300 bonus within 60 days.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    These accounts have no monthly fees to worry about.

    Early Account Termination Fee

    $10 fee if closed within three months. Account needs to be kept open for six months to get the bonus anyway.

    Our Verdict

    Savings bonus works out to be 6.8% APY when you add both the bonus and interest rate on the savings account (5% APY for the first $5k and then 1.75% for the next 10k), probably not worth considering due to other high interest accounts on the market. The checking bonus is annoying as it requires a direct deposit for six months.

    Useful posts regarding bank bonuses:



    William Charles

    Source link

  • [NY, PA, NJ] Visions Federal Credit Union $200 Checking Bonus – Doctor Of Credit

    [NY, PA, NJ] Visions Federal Credit Union $200 Checking Bonus – Doctor Of Credit

    Offer at a glance

    • Maximum bonus amount: $200
    • Availability:
      • New York Residents – If you live, work, worship, or attend school in Broome, Cayuga, Chemung, Chenango, Cortland, Delaware, Madison, Otsego, Rockland*, Schuyler, Steuben, Tioga, or Tompkins Counties, or the cities of Rochester* or Syracuse, you can join.
      • Pennsylvania Residents – If you live, work, worship, or attend school in Bradford or Susquehanna County; the city of Reading*, portions of South Westmoreland* or North Fayette* Counties; portions of the Cities of Allentown*, Bethlehem*, or Easton*, you can join.
        New Jersey Residents – If you live, work, worship, or attend school in Bergen or Passaic Counties; or portions of Essex*, Hudson*, or Union* Counties, you can join.
    • Direct deposit required: Yes, $500+ within 90 days 
    • Additional requirements: Debit card and digital banking
    • Hard/soft pull: Unknown
    • ChexSystems: Unknown
    • Credit card funding: Unknown 
    • Monthly fees: None
    • Early account termination fee:
    • Household limit: None listed
    • Expiration date: June 30, 2024

    The Offer

    Direct link to offer

    • Visions Federal Credit Union is offering a $200 checking bonus when you open a new checking account and complete the following requirements:
      • $100 when you set up new qualifying recurring direct deposits of $500+ within 90 days of account opening
      • $50 when you set up a visions issued debit card
      • $50 when you enroll in digital banking

    The Fine Print

    • Three bonuses totaling up to $200 are available if the following activities are met within 90 days of opening new checking account: (1) $100 for new, qualifying, recurring direct deposits made into new checking account; cannot be reallocated from another Visions share account. Direct deposits must be payroll from employment, pension, or Social Security totaling an aggregate of $500 or more within 90 days of opening the new checking account; (2) $50 for Visions-issued debit card linked to new checking account during promotional period; (3) $50 for new, first-time enrollment in digital banking during the promotional period.

       

    • Direct deposit bonus will be credited 90 days after the open date of new checking account. Debit card and digital banking enrollment bonuses will be deposited within 24 hours of meeting the requirements. Bonuses will be applied to member’s primary savings. Bonuses reportable for tax purposes.

       

    • Consumer accounts only; must be in good standing. Guardian, rep payee or executor, collections charge-off, business, and/or organizational accounts are ineligible. Must be 18 years of age or older. Offer only valid during promotional period from January 2, 2024 to June 30, 2024. Visions reserves the right to end or modify this promotion without notice. Member cannot take advantage of promotion more than once. Federally insured by NCUA.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    Flex checking has no monthly fees to worry about.

    Early Account Termination Fee

    I wasn’t able to find a fee schedule

    Our Verdict

    Looks to be a pretty good bonus, always nice when you can at least get some of the bonus without a direct deposit.

    Hat tip to reader Phil P

    Useful posts regarding bank bonuses:

    William Charles

    Source link