Offer at a glance
- Maximum bonus amount: $400
- Availability: NJ & PA
- Direct deposit required: Yes, $1,500-$2,500
- Additional requirements: None
- Hard/soft pull: Soft
- ChexSystems: Unknown
- Credit card funding: None
- Monthly fees: $3-$20
- Early account termination fee: 90 days, bonus forfeit + $30 fee
- Household limit: None listed
- Expiration date: None listed
Contents
The Offer
- Unity Bank has two checking bonuses:
- $300 when you open a Everyday Checking with promo code 1144. Conduct at least four (4) Direct Deposits of at least $1,500 to your new account within 180 days of opening
- $400 when you open a rewards Checking with promo code 1145. Conduct at least four (4) Direct Deposits of at least $2,500 to your new account within 180 days of opening
The Fine Print
- Offer valid beginning April 7th, 2025.
- Offer can be withdrawn at any time.
- Applicable for consumer accounts only.
- This offer is only available to customers who currently do not maintain a checking account relationship with Unity Bank.
- To qualify for a $300.00 cash bonus, you are required to conduct at least four (4) Direct Deposits of at least $1,500 to your new account within 180 days of opening.
- To qualify for a $400.00 cash bonus, you are required to conduct at least four (4) Direct Deposits of at least $2,500 to your new account within 180 days of opening
- Direct Deposit must be an electronic deposit of your paycheck, pension, or government benefits (such as Social Security) from your employer or the government.
- The bonus will be deposited within fourteen days (14) of meeting the promotion requirements.
- Your checking account must remain in an open status in order to receive the bonus.
- May be IRS reportable.
- Unity Bank reserves the right to limit an individual to one account-related gift incentive per rolling 12-month period across all deposit account relationships.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
- Everyday checking has a $3 monthly fee. This can be waived if any of the following are completed: irect deposit of $1,000 or more in a statement cycle; 12 POS transactions with Unity Bank debit card; $50 or more transfer to Unity Bank savings account in a statement cycle; Students (age <=24), seniors 65+, & first responders receive no monthly service fee
- Rewards checking has a $20 monthly fee: This can be waived if any of the following can be done: 12 point of sale (POS) transactions with Unity Bank debit card and one additional qualifier is required to waive monthly service fee. Qualifiers include: Direct deposit of $1,000 or more in a statement cycle; Online banking automatic transfer (any amount) to a Unity Bank Savings Account (per statemet cycle); Combined daily balance of $25,000.00 or more in a Unity Bank savings/MMDA/CD
Early Account Termination Fee
Unsure, account must be kept open.
Our Verdict
Think only the $300 bonus is worth doing as it’s difficult to keep the Rewards checking account fee free. We will add this to our best bank account bonuses.
Hat tip to reader snailrock
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
- PSA: Don’t Call The Bank
- Introduction To ChexSystems
- Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
- What Banks & Credit Unions Do/Don’t Pull ChexSystems?
- How To Use Our Direct Deposit Page For Bank Bonuses Page
- Common Bank Bonus Misconceptions + Why You Should Give Them A Go
- How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
- Affiliate Links & Bank Bonuses – We Won’t Be Using Them
- Complete List Of Ways To Close Bank Accounts At Each Bank
- Banks That Allow/Don’t Allow Out Of State Checking Applications
- Bank Bonus Posting Times
