This offer has now expired. You can view the best checking sign up bonuses by going here.
Offer at a glance
- Maximum bonus amount: $100
- Availability: PA only
- Direct deposit required: Yes, $250 or more. Unsure what triggers this apart from payroll/government benefits
- Additional requirements: Yes, see below
- Hard/soft pull: Unsure
- Credit card funding: Unsure
- Monthly fees: $0-$10
- Early account termination fee: $100 if closed within 120 days of account opening
- Expiration date:
June 15thÂJune 30th
The Offer
- Receive a $100 cash bonus when you complete the following requirements:
- Establish a recurring direct deposit of $250 or more (limited to social security, pension or payroll)
- Establish & log into internet banking
- Establish a debit card and conduct 10 unique non-PIN based transactions
- You can also earn $25 per friend you refer, your friends can also earn the $100 bonus. You can refer a maximum of four people for a total of $100. Feel free to share your referrals in the comments below.
The Fine Print
- Offer valid from May 1st to June 15th, 2014
- Offer not available for existing customers
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
There is an early account termination fee of $100 if you close your account within 120 days, so make sure to keep your account open. Carefree checking & esteem checking accounts are both fee free and have no minimum balance requirements.
Relationship checking has a $5/month fee which is waived if you have a minimum daily balance of $200 or higher. Checking + has a $10/month fee which is waived if you have an average daily balance above $1,000.
Our Verdict
This isn’t a bad deal, especially if you can refer some of your friends & family members. That said there are much better offers to take advantage of before this one. I’d recommend looking at our best of list before doing this promotion.
There is also too much unknown about this deal which makes me hesitant to recommend it. For example, is it a hard or soft pull – can you do credit card funding? If you find out any of this information, please let us know in the comments. Also share your referral link in the comments.
