Deal has expired, view more checking bonuses by clicking here.
Offer at a glance
- Maximum bonus amount: $100
- Availability: All branches are in NY, not sure if you can sign out of NY.
- Direct deposit required: Yes, $500+ recurring
- Additional requirements: None
- Hard/soft pull: Unknown
- Credit card funding: Unknown
- Monthly fees: None
- Early account termination fee: Unknown
- Expiration date: July 28th, 2016
The Offer
- Open a new checking account with Ulsters Savings Bank and receive a sign up bonus of $100 (or a free gift worth a lot less than $100) when you complete the following requirements:
- Receive monthly recurring direct deposits totalling $500 or more within 90 days of account opening
The Fine Print
- Checking account requires monthly, recurring direct deposits totaling $500 or more.
- Direct deposit must be set up within 90 days of account opening in order to receive the $100.00 bonus, which will be credited to your checking account.
- This offer is effective 6/17/2016 through 7/28/2016
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
They offer a free checking account that doesn’t have any monthly fees. I wasn’t able to find their fee schedule, so I’m unsure if any early account termination fee is charged or not.
Our Verdict
Forget about the free gifts, the cash is worth more. That being said, pretty small bonus but easy to keep fee free. Probably not that attractive unless you can fund with a credit card, there are definitely better bank bonuses out. Let us know if you have any data points for this bank in the comments below.
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