[Expired] [NY, NJ only] Palisades Credit Union $300 Checking Bonus

Deal is expired and no longer being offered. View the best current checking bonuses by clicking here.

Offer at a glance

• Maximum bonus amount: $300
• Availability:Rockland County, NY or Bergen County, NJ
• Direct deposit required: Yes, $500+
• Additional requirements: See below
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: Unknown
• Monthly fees: None
• Early account termination fee: Six months, bonus forfeit
• Household limit: None listed
• Expiration date: None listed

The Offer

Direct link to offer

• Palisades Credit Union is offering a bonus of up to $300.
  • To receive a $100 bonus
    • Must maintain an average daily balance of $100 for 90 days
    • Must have Direct Deposit of $500 with the 90 days
  • To receive a $300 bonus
    • Must maintain an average daily balance of $15,000 for 90 days

The Fine Print

• Offer is not available to existing Palisades checking members, or those whose checking accounts have been closed within 90 days or closed with a negative balance.
• To receive the $100 bonus: Open a Palisades checking account (which is subject to eligibility) and deposit $100 or more at account opening. Your $100 balance must be maintained for 90 days and you must also receive a direct deposit of at least $500 into your checking account within 90 days of account opening.
• To receive the $300 bonus: Open a Palisades checking account (which is subject to eligibility) and deposit $15,000 or more of new money at account opening. Your $15,000 balance must be maintained for 90 days.
• After you have completed the above bonus requirements, we will deposit the bonus into your new account within 30 business days.
• If the new checking account is closed by either the member or Palisades within six months after opening, we will deduct the bonus amount for that account at closing.
• You can only receive one new checking account opening related bonus per year and only one bonus per account.
• Bonuses are considered interest and will reported on IRS Form 1099-INT.
• Offer not available on trust, estate, custodial, or non-individual accounts.
• Offer is subject to cancellation without notice 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

They offer a free checking account with no monthly fees.

Early Account Termination Fee

If the account is closed within six months the bonus is forfeit

Our Verdict

We need to know if it’s a hard or soft pull to open. If anybody goes for it, please share your experiences in the comments.

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