This bank promotion has ended, you can view the best deposit account promotions on this website by clicking here.
Offer at a glance
- Maximum bonus amount: $100
- Availability: Selected areas in MA
- Direct deposit required: Yes, $350 or more
- Additional requirements: None
- Hard/soft pull: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: Unknown
- Expiration date: None listed
The Offer
- Sign up for a free checking account from North Hampton Co-Op and receive a gift card or certificate from one of the participating local businesses when you set up a qualifying direct deposit totaling $350 or more. You must pick up a flyer from one of the participating local businesses to receive this offer (click here for a list)
The Fine Print
- Direct deposit must be done within 60 days of account opening
- New checking customers only
- Bonus will be mailed out after the first direct deposit is received
- One gift per house
- A qualifying direct deposit is payroll, pension or government money
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
There is no monthly fee associated with the free checking account that is required for this promotion, there is also no mention of any early account termination fee but they don’t publicly post their schedule of fees so we’re unable to confirm this is the case.
Our Verdict
This deal is pretty average, you only end up with a gift card rather than a straight cash bonus and it’s for a relatively small amount & requires a direct deposit. I wouldn’t recommend this deal until people have completed the much bigger bonuses currently available. In the mean time we’ve added this deal to our master list of new checking account promos.
