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Novacat05
Novacat05 (@guest_1783537)
January 22, 2024 21:51

Got a 1099 in the mail from them, but for only $365. The bonus was $350 checking + $50 savings, for $400. Why would they send a 1099 for only $365?

Novacat05
Novacat05 (@guest_1787813)
January 29, 2024 13:55

Called and spoke to someone helpful. Interestingly they issue 1099-MISC forms, and not -INTs

They confirmed they did screw up my amount and did a correction and sent me a copy via secure email. Checking promo was corrected to $350. The $50 savings promo will be coming in a separate -MISC form, and those were just mailed out last week so they should be coming soon.

Novacat05
Novacat05 (@guest_1737460)
November 15, 2023 13:05

Had to call their general number to close out this account. They did check my open date to make sure I was not within 6 months to avoid bonus clawback, and asked for a reason for closing, I gave my standard “Just doing some account consolidation on my end, that’s all” which is general enough. Only took a minute and didn’t have to wait on hold, just a heads up this seems like the only way to close out your account here.

RXSAMG
RXSAMG (@guest_1783841)
January 23, 2024 11:49

I just closed same way, the rep asked me if I received a bonus & notified me that i will not be elligible for any future promotions. Guess they want to blacklist me lol

LV-Churn
LV-Churn (@guest_1641997)
June 26, 2023 10:24

Did anyone else not receive the additional $50 for the savings? I opened both accounts on 3/16, funded 800 in checking and 200 in savings (terms say 100 is the minimum). I got the $350 in May, and the terms have been met for the savings. Has anyone received it this late or should I contact them at this point?

Fizzbin
Fizzbin (@guest_1620610)
May 19, 2023 01:21

DPs:
3/21/23: Checking and savings accounts opened.
5/01/23: Pushed $1,000+ from Fidelity brokerage account after having some trouble with my payroll department for a real DD. Rec’d email alert (I set up various alerts) about the deposit, and the email showed it as a direct deposit.
05/01/23-05/18/23: Made 20+ purchases with debit card.
05/18/23: Rec’d $350 bonus for checking. That was fast.

Savings bonus: Still waiting for savings bonus to post.

Hard/soft pull: I see nothing on my credit reports to indicate this was a hard pull. I DID unfreeze my Equifax, Experian, and Transunion reports before applying.

Regionality: This worked for Mercer County, NJ.

LV-Churn
LV-Churn (@guest_1642000)
June 26, 2023 10:25

Did you ever get your $50 for savings? it’s been almost two months since I got the $350 and nothing on the savings portion. Terms say only 60 days

NBG
NBG (@guest_1619908)
May 17, 2023 22:44

P2 also got bonus (P1 a/c is still open and got bonus in Jan). Opened 3/17. Real employer DD and 5/17 bonus posted for $400. FWIW, they post bonus on every Wednesday after close of business.

Novacat05
Novacat05 (@guest_1615932)
May 10, 2023 16:10

Partial DP:

3/15/23 – Opened account. Required visit to a branch(closest about 30 min away, see detailed post below) to verify ID
$1000 CC funding coded as purchase on Fidelity 2% Visa.
3/29/23 – $1k real DD from work
5/10/23 – $350 bonus posted – “Descriptive Deposit Spring Bonus”

Still waiting for the $50 bonus for keeping $100 in savings for 60 days from open. Accidentally dropped it below $100 for a minute by transferring to checking, but realized it and put it back. Terms clearly state average daily balance, so should not be an issue with the bonus payout.

Very easy bonus. This bank has 6 month closure fee, so once savings bonus posts I’ll empty savings and wait out the clock then close.

RXSAMG
RXSAMG (@guest_1616089)
May 10, 2023 20:45

+1 DP DITTO, virtually identical (minus your transfer slip)…. $350 bonus posted today. We’ll see when savings posts

Novacat05
Novacat05 (@guest_1619689)
May 17, 2023 16:09

$50 savings bonus posted today, right around 60 days from opening, impressive. Just pulled savings down to a buck until 4 months from today when I’ll close.

RXSAMG
RXSAMG (@guest_1620672)
May 19, 2023 07:19

You may want to put $99 back into savings/ $100 is minimum balance to avoid $5/month service fee!
Also, +1 DP for the $50 Savings yesterday for me also.

Fizzbin
Fizzbin (@guest_1610312)
May 2, 2023 14:25

Questions:
1. Any DPs on what can trigger a direct deposit to this bank?
2. Amazon reloads are OK to use for debit card purchases?

I’m in Mercer County, NJ, and had no problem opening both checking & savings.

My paycheck for this month was supposed to be deposited here to count as a real DD, but my payroll department screwed up, so now I’m scrambling to complete one of the requirements by 5/20.

David
David (@guest_1589663)
April 1, 2023 09:36

I got a voice message from them. Called back and she said I need to come into a branch to get my signature and license to get the account opened. I mentioned the account was already opened (I’ve started on my 20 purchases). She saw that was true, but still wants me to come in for my license and signature and to meet the staff. I asked if there was a time deadline on this and she said no. Closest branch is 17 minutes, so not horrible, but any thoughts if i can skip this?

Novacat05
Novacat05 (@guest_1594466)
April 10, 2023 11:37

If the account is already opened and established, seems like a waste of your time. I’d probably try to call back and probe for more information, make sure that the account isn’t going to be closed if you don’t do this right away, if she says no then just be like I’ll try to stop by sometime in the next couple weeks, be vague. I’m guessing it’s just an attempt to provide “excellent” customer service. I sometimes get reached out to after opening an account. I usually don’t respond to the voicemail unless there are multiple calls or if I answer by mistake. It is always a super easy way to confirm the bonus is attached to your account so I’ll ask that. Otherwise I’ll just say something like “Yes I’m establishing external accounts, direct deposit, etc. I don’t have any questions right now but if I do I will be sure to get in touch with you, does that sound like a plan?” That gets the point across without being rude.

When they got my application I was immediately told I had to go in branch for ID check and such, but it was clearly related to account opening. They scanned in two forms of ID and I had to sign a couple electronic disclosures and that was it, account was approved within the hour and I was able to create online credentials and login. My closest branch was a 20 minute drive and $3 toll, I was in and out in 10 minutes, no appointment. $40 cash from the CC funding($2k) more than paid for gas and toll.

RXSAMG
RXSAMG (@guest_1594801)
April 10, 2023 18:18

+1 Everything Novacat05 said…..was virtually same experience for me

KQ
KQ (@guest_1589045)
March 31, 2023 10:54

It looks like they updated their applications system. My central NJ zip code no longer works. Using a PA zip code could pass the first screening, but it cannot be changed when putting in my actually address.

Twf16
Twf16 (@guest_1579203)
March 17, 2023 15:37

Seems like they’re enforcing the one bonus per lifetime limit now. Both myself and P2 tried applying and they called both of us to inform us that they could open the account but that the promotion would not be applied as we had received bonuses ~4 years ago. I asked if there was a time period after which I would be eligible and they confirmed it is one per lifetime.