Offer at a glance
- Maximum bonus amount: $100
- Availability: Open to all residents in CT, MA residents in the following counties: Hampden, Hampshire & Worchester Counties, RI residents in Washington County
- Direct deposit required: Yes, no minimum specified. Unsure what will trigger this bonus.
- Additional requirements: None
- Hard/soft pull: Unknown
- Credit card funding: Unknown
- Monthly fees: $0-$5
- Early account termination fee: None
- Expiration date: December 31st, 2015
The Offer
- Receive a $100 bonus from Liberty Bank when you open a new checking account and receive a qualifying direct deposit within 90 days of account opening
The Fine Print
- Existing customers are ineligible for this offer
- A qualifying direct deposit is payroll, social security, pension or government benefits
- Not available on Estate or Trust accounts
- Offer valid until December 31st, 2014
- Minimum opening deposit of $25
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
All of the Liberty bank checking products are fee free apart from their interest checking product which has a $5 monthly fee if the monthly balance is less than $100. We weren’t able to find any mention of an early account termination fee.
Our Verdict
They also have a $25 referral program, but this cannot be combined with this offer unfortunately. I wouldn’t recommend people sign up for this offer as there are better offers with more data points, if you don’t live within the service area click here to see nationwide checking offers. Alternatively check out our post on the best bank promos.
