[Expired] [Targeted, NJ & PA only] Provident Bank $200 Checking Bonus

Deal has expired, view more bank account bonuses by clicking here.

Update 5/5/19: Deal is back and valid until July 15, 2019. Now contains targeted language stating ‘These bonus offers are only available to the person to whom the postcard was mailed living at the address specified in the mailing and offers are not transferable.’ Hat tip to reader Nate P

Offer at a glance

• Maximum bonus amount: $200
• Availability: NJ & PA
• Direct deposit required: Yes, ACH debit also accepted
• Additional requirements: Deposit $50 at account opening
• Hard/soft pull: Soft pull
• ChexSystems: Unknown
• Credit card funding: Up to $2,500. Visa or Mastercard only
• Monthly fees: None
• Early account termination fee: $15, six months
• Household limit: None listed
• Expiration date: May 31st, 2018 July 15th, 2019

The Offer

Direct link to offer

• Provident Bank is offering a $200 checking bonus when you open a new FREE $mart Checking and complete the following requirements:
  • Deposit $50 or more at account opening
  • Have your direct deposit or one ACH automatic debit made to this account within 60 days of account opening

The Fine Print

• To receive the $200 checking bonus: open a new Provident FREE $mart Checking account; deposit $50 or more at account opening; have your direct deposit or one ACH automatic debit made to this account within 60 days of account opening. After you have completed all the above requirements, we’ll deposit the cash bonus in your new account within 75 days of the last day of the promotion (May 31, 2018).
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

This account has no monthly fees to worry about. According to this comment there is an early account termination fee of $15 if closed within 6 months.

Our Verdict

Looks like you can open the eligible account only if you live in the service area, otherwise it won’t show up as an option. Seems like a great deal given it’s a soft pull, has a good amount of credit card funding and no direct deposit requirement (ACH debit will work) or monthly fees to worry about. This is definitely being added to the best checking bonuses.

Big thanks to reader, GG who let us know. Learn how to find bonuses and contribute to the site here.

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