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Tag: va bank bonuses

  • [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

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  • [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

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  • [LA, NY, SC, TX, TN, AR, MS, AL, GA, KY, FL, NC & VA] First Horizon Bank $400/$800 Business Checking Bonus – Doctor Of Credit

    [LA, NY, SC, TX, TN, AR, MS, AL, GA, KY, FL, NC & VA] First Horizon Bank $400/$800 Business Checking Bonus – Doctor Of Credit

    Note: Terms state ‘Offer is only available to the addressee of the offer, is non-transferable, may not be combined with other offers’. You also have to request a code by filling in your information so should be able to get this bonus even if not targeted but YMMV.

    Offer at a glance

    • Maximum bonus amount: $800
    • Availability: Offer is only available to residents of LA, NY, SC, TX, TN, AR, MS, AL, GA, KY, FL, NC and parts of VA
    • Direct deposit required: No
    • Additional requirements: See below
    • Hard/soft pull: Soft pull
    • ChexSystems: Unknown, sensitive
    • Credit card funding: Up to $50
    • Monthly fees: None
    • Early account termination fee: Six months, bonus forfeit
    • Household limit: None
    • Expiration date: 06/30/2024

    The Offer

    Direct link to offer

    • First Horizon Bank is offering a bonus of $400 or $800 when you open a new business checking account.
      • $800 bonus:
        • Deposit $25,000 into the new BizEssentials Checking account within 15 days of the account opening.
        • Maintain at least a $25,000 collected daily balance for the first 3 full statement cycles.
        • Conduct 20 qualifying transactions within the first 3 full statement cycles.
      • $400 bonus:
        • Deposit $5,000 into the new BizEssentials Checking account within 15 days of the account opening.
        • Maintain at least a $5,000 collected daily balance for the first 3 full statement cycles.
        • Conduct 20 qualifying transactions within the first 3 full statement cycles.

    The Fine Print

    • Offer is only available to the addressee of the offer, is non-transferable, may not be combined with other offers, and is only available for new clients that have not had an account at First Horizon within the last 12 months. Opening deposit must be funds from a financial institution other than First Horizon Bank or its affiliates. Limit one bonus per company.

       

    • To qualify for the $400 bonus, open a new BizEssentials Checking, BizEssentials Plus Checking, or BizEssentials Interest Checking account by 06/30/2024, deposit at least $5,000 within fifteen (15) days of account opening and maintain an average daily collected balance of $5,000 for the first three (3) full statement cycles and conduct a minimum of twenty (20) qualifying client-initiated transactions within the first three full statement cycles in the eligible First Horizon Bank checking account.

       

    • To qualify for the $800 bonus, open a new BizEssentials Checking, BizEssentials Plus Checking, or BizEssentials Interest Checking account by 06/30/2024, deposit at least $25,000 within fifteen (15) days of account opening and maintain an average daily collected balance of $25,000 for the first three (3) full statement cycles and conduct a minimum of twenty (20) qualifying client-initiated transactions within the first three full statement cycles in the eligible First Horizon Bank checking account.

       

    • BizEssentials Checking, BizEssentials Plus Checking, or BizEssentials Interest Checking accounts require a $100 minimum opening deposit. A qualifying client-initiated transaction may include deposits, checks paid, ACH items, and signature and PIN-based purchases made with a First Horizon Debit Card. The cash bonus will be deposited into your account within 10 business days after qualifying activities are met. Bonus will only be paid to open accounts with a positive balance. Other terms and conditions of your account are disclosed in your depositor agreement Bonus will be reported as interest earned on IRS form 1099-INT and recipient is responsible for any applicable taxes. Offer and account opening subject to bank approval.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    BizEssentials Checking account has no monthly fees to worry about.

    Early Account Termination Fee

    Previous terms say account need to be kept open for six months, but I don’t see that in the terms this time.

    Our Verdict

    Need to lock up funds for ~90 days, this works out to be an annualized return of:

    • $400 bonus: 32%
    • $800 bonus: 12.8%

    Both offers are great. Best previous offer was for $300 but that had no hold period, still think this is a better bonus for most people. There is also a personal checking bonus for $450 that is worth doing. We will add this to the list of the best bank account bonuses.

    Useful posts regarding bank bonuses:

    William Charles

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  • [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

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  • [TN, AR, MS, AL, GA, KY, FL, NC & VA] First Horizon Bank $450 Checking Bonus, Direct Deposit Not Required – Doctor Of Credit

    [TN, AR, MS, AL, GA, KY, FL, NC & VA] First Horizon Bank $450 Checking Bonus, Direct Deposit Not Required – Doctor Of Credit

    Note: Terms state ‘Offer is only available to the addressee of the offer, is non-transferable, may not be combined with other offers’. But this shows up in a google search and you also have to request a code by filling in your information so should be able to get this bonus even if not targeted but YMMV.

    Offer at a glance

    • Maximum bonus amount: $450
    • Availability: Offer is only available to residents of TN, AR, MS, AL, GA, KY, FL, NC and parts of VA (Bristol, Gate City, Weber City)
    • Direct deposit required: No
    • Additional requirements: See below
    • Hard/soft pull: Soft pull
    • ChexSystems: Unknown
    • Credit card funding: Up to $50
    • Monthly fees: None
    • Early account termination fee: Six months, bonus forfeit
    • Household limit: One
    • Expiration date: 3/31/24

    The Offer

    Direct link to offer

    • First Horizon Bank is offering a $450 bonus when you open a new checking account and complete the following requirements:
      • Maintain a $5,000 average daily balance
      • Conduct a minimum of 10 qualifying client-initiated transactions for each statement cycle for the first three full statement cycles

    The Fine Print

    • To qualify for the bonus, open a new FirstView Checking account by 03/31/2024 and maintain a $5,000 average daily collected balance and conduct a minimum of 10 qualifying client-initiated transactions for each statement cycle for the first three full statement cycles.
    • A qualifying client-initiated transaction may include deposits, checks paid, ACH items, and signature and PIN-based purchases made with a First Horizon Debit Card.
    • The cash bonus will be deposited into your account within 10 business days after qualifying activities are met. Bonus will only be paid to open accounts with a positive balance.
    • Offer is only available to the addressee of the offer, is non-transferable, may not be combined with other offers, and is only available for new clients that have not had an account at First Horizon within the last 12 months.
    • Bonus will be reported as interest earned on IRS form 1099-INT and recipient is responsible for any applicable taxes.
    • All FirstView Checking accounts require a $50 minimum opening deposit.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    FirstView checking account has no monthly fees to worry about. You do need to opt in to paperless statements otherwise you’ll be charged a $2 monthly fee.

    Early Account Termination Fee

    Account must be kept open for six months otherwise the bonus will be forfeit

    Our Verdict

    Better than the $400 checking bonus. Definitely worth doing if they will send you an e-mail with the promo code, I guess there is some risk involved though if you weren’t targeted with a mailer.

    Hat tip to reader Bockrr

    Useful posts regarding bank bonuses:

    William Charles

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  • 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.

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    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

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  • [VA, WV, OH, In Branch only] City National Bank $200 Checking Bonus – Doctor Of Credit

    [VA, WV, OH, In Branch only] City National Bank $200 Checking Bonus – Doctor Of Credit

    Update 1/20/24: Deal seems to still be available, but only in branch. Advertised on their socials.

    Update 10/24/20: Bonus has been increased to $200. Hat tip to reader J Money

    Update: New link found works for branches in VA, WV, OH. Thanks to reader Gadget.

    Please note, this isn’t the same City National Bank that offers the Visa Infinite card.

    Offer at a glance

    • Maximum bonus amount: $100
    • Availability: VA WV OH in branch only. [Branch locator]
    • Direct deposit required: Yes, $200+
    • Additional requirements: None
    • Hard/soft pull: Soft pull
    • ChexSystems: Yes, not sensitive
    • Credit card funding: Unknown
    • Monthly fees: None
    • Early account termination fee: $25, 180 days
    • Household limit: One
    • Expiration date: None listed

    The Offer

    Direct link to offer

    • City National Bank is offering a bonus of $200 when you open a new city checking account with direct deposit of $200 or more

     

    The Fine Print

    • Bonus: Limited time offer. To earn the $200 direct deposit bonus, you must establish a qualified recurring direct deposit of $200 or more into the account.
    • The bonus will be deposited into the new account 91 days after account opening.
    • Limitations: The bonus cannot be used as the opening deposit.
    • Offer not available to existing checking account customers, those with fiduciary accounts or those whose account has been closed.
    • Limit 1 bonus per household.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    They offer a simply free checking account with no monthly fees to worry about. There is an early account termination fee of $25 if you close the account within 180 days.

    Our Verdict

    I generally don’t recommend $100 bonuses that must be opened in branch, but might be worth it for some if they live near a branch. Purely because it’s usually a lot of work for a $100 bonus that is also taxed. Because of this I won’t be adding it to our best bank bonus page.

    Big thanks to reader, KK who let us know. Learn how to find bonuses and contribute to the site here.

    Useful posts regarding bank bonuses:

    William Charles

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  • [VA & MD] Northwest Federal Credit Union $400 Checking Bonus – Doctor Of Credit

    [VA & MD] Northwest Federal Credit Union $400 Checking Bonus – Doctor Of Credit

    Update 11/23/23: Deal is back and valid until 11/30/23.

    Update 6/24/20: Deal is back and valid until July 15th, 2020. Hat tip to Econ0mist

    Offer at a glance

    • Maximum bonus amount: $400
    • Availability: VA, MD
    • Direct deposit required: Yes, at least three direct deposits of $500+ each
    • Additional requirements: See below
    • Hard/soft pull: Soft pull
    • ChexSystems: Unknown
    • Credit card funding: Up to $520
    • Monthly fees: None
    • Early account termination fee: None
    • Household limit: None listed
    • Expiration date: December 31st, 2019 July 15th, 2020

    The Offer

    Direct link to offer

    • Northwest Federal Credit Union is offering a bonus of $300 when you open a new checking account in branch and complete the following requirements:
      • Make a minimum deposit of at least $50* in ACH or direct deposits per month for three months

     

    The Fine Print

    • Limited time offer available 11/1/2023 – 11/30/2023.
    • To earn a $400 deposit into your checking account during the first 90 days after opening your first ever consumer checking account with Northwest Federal, you must: be 18 years of age or older, be in good standing, and make a minimum of $500 in direct deposits or ACH deposits into the checking account each month for three months. If all requirements are met and once your checking account has been open for 90 days, you will receive your deposit into the checking account within 30 days. Cannot be combined with other offers. APY = Annual Percentage Yield. Elite Checking has an APY of .07% if $1,000 or more is deposited each month, and Kasasa Cash® Checking has an APY ranging from 4.00%-1.38% depending on the account balance (assumed balance of $100,000 used for example). Kasasa Cash® Checking requires $100 minimum deposit to open and qualifications must be met to earn dividends. Choice Checking and Kasasa Cash Back® Checking also eligible for bonus. Fees may reduce earnings on accounts. Rate may change after the account is opened. Member responsible for possible tax implications. Rates current as of 10/31/2023 and are subject to change without notice.

    Avoiding Fees

    Monthly Fees

    Choice checking has no monthly fees to worry about.

    Early Account Termination Fee

    There is no mention of an early account termination fee in the fee schedule.

    Our Verdict

    Nice big bonus, now that we know it’s a soft pull to open the account we will be adding this to our list of the best checking bonuses.  If anybody goes for this bonus, share your experiences in the comments below.

    Useful posts regarding bank bonuses:

    Post history:

    • Update 2: No longer in branch only, might be available to people outside of VA & MD but YMMV.
    • Update 11/9/19: Bonus is back and valid until December 31st, 2019
    • Update 10/20/18: Reposting as it’s confirmed to be a soft pull.

    William Charles

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  • [VA, OH & PA only] Dollar Bank $300 Checking Bonus – Doctor Of Credit

    [VA, OH & PA only] Dollar Bank $300 Checking Bonus – Doctor Of Credit

    Update 11/19/23: Extended until 12/31/23.

    Update 11/13/23: Extended until 11/18/23.

    Update 9/11/23: Extended until 10/31/23.

    Update 6/5/23: Extended until 8/31/23.

    Update 3/1/23: Extended until 4/30/23.

    Update 1/25/23: Deal is back and valid until 2/28/23.

    Update 9/11/22: Extended through  10/31/22.

    Updated 7/4/22: Extended through 8/30/22.

    Update 5/2/22: Extended through 6/30/22.

    Update 3/27/22: Extended until April 30th, 2022.

    Offer at a glance

    • Maximum bonus amount: $300
    • Availability: OH, VA & PA
    • Direct deposit required: Yes, $5,000+
    • Additional requirements: See below
    • Hard/soft pull: Soft
    • ChexSystems: Unknown
    • Credit card funding: None
    • Monthly fees: $5, avoidable
    • Early account termination fee: Need to keep account open for one year to get full bonus
    • Household limit: One
    • Expiration date: March 31st, 2020 July 31st, 2020 September 30, 2020 December 31, 2020 March 31, 2021 April 30, 2021

    The Offer

    Direct link to offer : VA | OH | PA

    • Dollar Bank is offering a bonus of $300 when you open a new checking account with promo code CHK22 and complete the following requirements:
      • Get $200 in Mastercard debit card rebates with a total of $2,500 in direct deposits within 90 days of account opening.
      • And, get $100 after your one-year anniversary of account opening.

    The Fine Print

    • To qualify for the offer, an Everything Checking account must be opened by 3/31/20.
    • Offer is for new checking customers only.
    • Those who had an open checking account within the past 180 days are not considered to be new customers and are not eligible for the offer.
    • Up to $400 is available in one $100 Mastercard debit card rebate, one $200 credit, and one $100 credit. To receive the $100 Mastercard debit card rebate, the account must receive cumulative direct deposits of $1,000 or more within 90 days of account opening and the account must be in good standing.
    • The $100 Mastercard debit card rebate will be added to the new checking account within 40 days of the qualifying cumulative direct deposits.
    • To receive the $200 credit, the account must receive cumulative direct deposits of $5,000 or more within 90 days of account opening and the account must be in good standing.
    • The $200 will be credited to the new checking account within 40 days of the qualifying cumulative direct deposits.
    • The $100 credit will be applied within 2 months of the 1-year anniversary of account opening provided the account qualified for the $100 debit card rebate, is active, in good standing and is in a qualifying plan.  Maximum amount is $400 per account and one per household.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Everything Checking Account $5 Monthly

    The Everything checking account has a $5 monthly fee, it’s waived if either of the following conditions is met:

    • Six payments via check, Online Banking bill payments, Telephone Banking bill payments, ACH debit, or Point of Sale transactions (both signature or PIN based) posted to the account.
    • You have an average checking balance of $2,500 or more

    Early Account Termination Fee

    Need to keep account open for one year to get full bonus, but $25/180 EATF otherwise.

    Our Verdict

    Bigger bonus we’ve seen before is $400. This is a slightly different offer, but still very much worth doing in my opinion. It’s annoying you need to keep the account open for a full year to get the full bonus. I’ll be adding this to our list of the best checking bonuses.

    Hat tip to reader Derek D

    Useful posts regarding bank bonuses:

    Post history:

    • Update 8/9/21: Deal is back and valid until 9/30.
    • Update 6/5/21: Deal is back and valid until 7/31/21.
    • Update 4/24/21: $300 offers all dead, dollar.bank/ads/200-va.
    • Update 4/13/21: Extended until April 30, 2021.
    • Update 2/2/21: Deal is back and valid until March 31, 2021. Bonus is now only $300 instead of $400. Because of that I would recommend waiting. Hat tip to reader Gadget.
    • Update 11/3/20: Extended until December 31, 2020
    • Update 10/11/20: Deal available again until October 31. Hat tip to Xinqing W
    • Update 8/25/20: Deal available again until August 31. Hat tip to Gadget
    • Update 5/30/20: Extended until July 31st, 2020.
    • Update 3/28/20: Deal has been extended until 5/30/20. Hat tip to reader Don B

    William Charles

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  • [AL, FL, GA, MD, NC, SC, TN, VA] Ameris Bank $300 Checking Bonus – Doctor Of Credit

    [AL, FL, GA, MD, NC, SC, TN, VA] Ameris Bank $300 Checking Bonus – Doctor Of Credit

    Offer at a glance

    • Maximum bonus amount: $300
    • Availability: Might be nationwide, otherwise AL, FL, GA, MD, NC, SC, TN, VA
    • Direct deposit required: Yes, $1,000+
    • Additional requirements: None
    • Hard/soft pull: Soft pull
    • ChexSystems: Unknown, sensitive
    • Credit card funding: None
    • Monthly fees: None
    • Early account termination fee: $30, 90 days
    • Household limit: None listed
    • Expiration date:  2/29/2024

    The Offer

    Direct link to offer

    • Ameris Bank is offering a bonus of $300 when you open a new free checking account and complete the following requirements:
      • Enroll in e-statements
      • Receive qualifying direct deposits totaling $1,500 or more into your account within 90 days of account opening

    The Fine Print

    • This offer is for new consumer checking account customers only. All signers on the account must be new customers to qualify. Bonus offer is limited to one new Free Checking account per eligible customer. Excludes bank employees, officers and directors, and existing consumer checking account customers, including customers that have closed an account in the past 90 days. Customers that have been paid an Ameris Bank promotional payment in the past 24 months are not eligible.

       

    • To receive $300 bonus: Open a new Free Checking or Online Free Checking account and within 90 calendar days of account opening (90-day period), complete the following:
      Register for online banking and enroll your new account in e-statements, and
      Receive at least $1,500 in qualifying direct deposits into the account. Direct deposits must be an automatic recurring electronic deposit of your salary, pension, Social Security, or other regular income into your bank account. A Direct deposit is considered received on the date it posts to your account. Other types of electronic deposits such as person to person payments, as well as transfers from one account to another, mobile deposits, or deposits made at a branch, or ATM do not qualify as a direct deposit.
    • Bonus Payment: At the end of the 90-day period, we will determine if you have met the bonus offer requirements and deposit any earned bonus into your account within 30 days. Your account must be open and in good standing to receive bonus at time of payment. An account in good standing is defined as: open, funded, and not overdrawn. A bonus payment is considered interest and will be reported on IRS Form 1099-INT.
    • 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

    There is a $30 early account termination fee if closed within 90 days.

    Our Verdict

    Previous best deal was $100. Hopefully this is available nationwide and if it is I suspect it will end early.

    Useful posts regarding bank bonuses:

    William Charles

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