[NY] Arrow Bank $250 Checking Bonus, No Direct Deposit required

Offer at a glance

• Maximum bonus amount: $250
• Availability: NY
• Direct deposit required: No
• Additional requirements: See below
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: Unknown
• Monthly fees: None
• Early account termination fee: $10
• Household limit: None listed
• Expiration date: October 31, 2025

The Offer

Direct link to offer

• Arrow Bank is offering a $250 bonus when you open a new checking account and complete the following requirements
  • Use promo code AB2025
  • Make a single deposit of $1,000 into the new account
  • make ten (10) qualifying debit card transactions within 60 days of account opening

The Fine Print

• Offer is available at any Arrow Bank office.
• New personal checking customers only.
• Existing checking customers and business checking accounts not eligible.
• One offer per person
• Offer expires on 10/31/25
• . Qualifying account types include Classic Checking, Elite Checking, Free Checking, Interest Checking and Premium Interest Checking.
• The minimum deposit to open a personal checking account is $5.
• To qualify for the $250 bonus, you must make a single deposit of $1,000 into the new account and make ten (10) qualifying debit card transactions within 60 days of account opening (ATM withdrawals, ATM deposits and debit card refunds do not qualify).
• Please allow an additional 60 days after expiration of the qualification period and upon completing requirements to receive the $250 deposit in your new Arrow Bank checking account (account must be open with a positive balance).
• The $250 deposit will be reported as interest income to the IRS in the form of a 1099-INT.
• This limited-time offer is subject to change or cancellation without notice at the bank’s discretion and cannot be combined with any other offer.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Free checking has no monthly fees to worry about.

Early Account Termination Fee

There is a $10 fee if account is closed early, doesn’t say what early is according to the fee schedule.

Our Verdict

Always nice to see a bonus that doesn’t require a direct deposit. Share if it’s a hard or soft pull in the comments below.

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