Deal has expired, view the best current checking bonuses by clicking here
Update 9/4/19: Bonus is actually $100. I believe $75 is the standard opening bonus that everybody is eligible and then you get an additional $100 through this bonus. Hat tip to reader Natalie K
Update 8/26/19: According to reader @JordanMuchnik the promotion is back.
Offer at a glance
- Maximum bonus amount:Â $100
- Availability:Â Offer only valid for accounts opened in the state of New York.
- Direct deposit required:Â None
- Additional requirements:Â None
- Hard/soft pull: Soft pull
- ChexSystems: Yes, not sensitive
- Credit card funding: None
- Monthly fees:Â None
- Early account termination fee:Â Unknown
- Household limit:Â None listed
- Expiration date:Â None listed
Contents
The Offer
No direct link, being advertised in branch
- Republic Bank is offering a bonus of $100 when you open a new checking account. To be eligible you either need to bring in a TD bank debit card or your dog (lol?). To be eligible for the bonus you need to meet the following requirements:
- Have a minimum opening deposit of $250
The Fine Print
- Bonus will be directly deposited into your account within 30 days of account opening
- Limit 1 per customer
- 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
I wasn’t able to find a fee schedule, so I’m unsure if there is any early account termination fee or not.
Our Verdict
Requirements for opening are weird, but there are no requirements for the bonus so that’s a nice plus. Because it’s a soft pull we will be adding this to our list of the best bank account bonuses.
Hat tip to reader Firefly and Natalie K
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
