Posted by William Charles on June 11, 2017
Bank Account Bonuses

Published on June 11th, 2017 | by William Charles

3

[NJ only] Sun National Bank $300 Checking Bonus

Offer at a glance

  • Maximum bonus amount: $300
  • Availability: Must open at Jake Brown or Kendall Park [NJ]
  • Direct deposit required: Yes, $500+
  • Additional requirements: Yes, see below
  • Hard/soft pull: Unknown 
  • ChexSystems: Unknown
  • Credit card funding: Unknown 
  • Monthly fees: Unknown, avoidable
  • Early account termination fee: 180 days, $20
  • Household limit: One
  • Expiration date: June 30th, 2017

The Offer

Direct link to offer

  • Open a new Agility Plus checking account with Sun National Bank at their Jake Brown or Kendall Park and receive a bonus of $300 when you complete the following requirements:
    • Have a balance of at least $3,000 on July 31st, 2017
    • Have an activated Sun National Bank debit Mastercard
    • Receive at least one incoming direct deposit of $500 or more by August 31st, 2017

 

The Fine Print

  • To receive $300 cash bonus, your household must not currently have a consumer checking account with Sun National Bank.
  • Existing customers must open and meet account bonus deposit requirement with funds not currently on deposit at Sun National Bank.
  • Offer valid for accounts opened at Jake Brown or Kendall Park branch office only.
  • Offer requires the opening of a new qualifying Sun National Bank Agility Plus checking account between April 3, 2017 and June 30,2017.
  • Must have a balance of at least $3,000 on July 31, 2017, have an activated debit Mastercard®, and have received at least one incoming direct deposit by August 31, 2017, of $500 or more.
  • $300 bonus will be deposited automatically into new account on or around September 30, 2017. Any credit, if earned, will be forfeited if checking account is closed before the credit is awarded. Limit one cash bonus per household.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

You can avoid the monthly maintenance fee of $12 if you do either of the following:

  • Maintain a Combined Monthly Deposit Balance of $3,000 in a consumer checking, savings, money market, or CD
  • Or maintain a direct deposit of $1,500+

There is also an early account termination fee of $20 if the account is closed within 180 days. A $5 fee if the account is closed by mail and other fees (see more here).

Our Verdict

Nice large $300 bonus, direct deposit is required and there is a monthly fee to worry about but not too difficult to waive that. As it’s in branch opening only you should be able to find out if it’s a soft pull or not, if it is it’ll definitely be one of the best checking account bonuses available. They have also offered the same bonus before but at different branches.

Please share your experiences with this bonus in the comments below.

Hat tip to David M

Useful posts regarding bank bonuses:



3 Responses to [NJ only] Sun National Bank $300 Checking Bonus

  1. zalmy says:

    I believe they also allow a ridiculous amount of credit card funding, something like 2,500 for the checking and possibly another 2,500 for savings.

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