Offer at a glance
- Maximum bonus amount:Â $350
- Availability: You’ll need to provide a physical address in Connecticut
- Direct deposit required:Â 2 or more direct deposit transactions of $500 or more
- Additional requirements:Â See below
- Hard/soft pull:Â Unknown
- ChexSystems:Â Unknown
- Credit card funding:Â Unknown
- Monthly fees:Â None
- Early account termination fee:Â None
- Household limit:Â None
- Expiration date:Â None listed
Contents
The Offer
- Torrington Savings Bank is offering a $350 bonus when you open a new journey checking account and complete the following requirements:
- Use promo code EARN350
- Earn $250 when you receive 2 or more direct deposit transactions of $500 or more AND enroll in eStatements within the first four (4) statement cycles of account opening
- Earn $100 when you make ten (10) debit card transactions within the first four (4) statement cycles of account opening
The Fine Print
- Offer is for new Journey Checking accounts only opened during the promotional period using the promo code EARN350. Bonuses are limited to one per individual.
- To earn the $250.00 bonus, you must make a minimum of 2 direct deposits totaling $500.00 or more and enroll in Online Banking and eStatements within the first four (4) statement cycles. To earn the additional $100.00 bonus, you must within the first four (4) statement cycles of opening the account post and clear ten (10) debit card purchases/payments from the account.
- Eligible Customers cannot currently be a tax reporting owner of a Torrington Savings Bank consumer checking account and must be at least 13 years old. To apply online, you must be a U.S. citizen or a U.S. resident alien and at least 18 years old.
- You’ll need to provide a physical address in Connecticut, date of birth and applicable identification documentation which may include a Social Security Number or Individual Taxpayer Identification number.
- In the event the account holder is under 18, the account must be opened in branch with a parent/custodian/guardian.
- Your new account must remain open to receive the cash bonus payment. We may close accounts with a zero balance without prior notice.
- If you meet the Direct Deposit Eligibility and Qualifications outlined above, we will post the $250.00 bonus to your account within four (4) statement cycles of completion period. If you meet the Debit Card purchase/payments Eligibility and Qualifications outlined above, we will post the $100.00 bonus to your account within five (5) statement cycles of completion period. The value of your bonus will be reported on Form 1099-INT.
- Bonus offers are not available to Torrington Savings Bank employees, directors or immediate family of employees and directors of Torrington Savings Bank and any of its affiliates or vendors. Offer may expire without notice and may be withdrawn at any time. Additional restrictions/conditions may apply.
- 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 no EATF.
Our Verdict
Better than the $100 bonus previously offered. Need to know if it’s a hard or soft pull so share your experiences below.
Hat tip to ShawntheShawn
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Chex sensitive. Declined