Posted by William Charles on January 6, 2017
Bank Account Bonuses

Published on January 6th, 2017 | by William Charles

5

[Expired] Tompkins VIST Bank $200 Bonus + $50 Donation, [PA, Boyertown Branch Only]

This bonus has expired and is no longer available. View the best checking bonuses here.

Offer at a glance

The Offer

Direct link to offer

  • Open a new Direct Checking, True Advantage or True 62 checking account at Tompkins VIST bank Boyertown branch and receive a $200 cash bonus + a $50 donaiton to a local community organization when you do the following:
    • Receive a direct deposits totaling $250 or more within the first 60 days from account opening

tompkins

The Fine Print

  • To qualify receive $200 when you open a Direct Checking, True Advantage or True 62 checking account between 12/5/16 and 02/15/17 and have direct deposits totaling $250 or more within the first 60 days from account opening.
  • $200 customer bonus will be credited to your account within 60 days after qualifying direct deposits are received. Offer available to anyone residing at this address cannot be combined with any other offers.
  • Limit of one bonus per individual.
  • The bonus is considered interest and will be reported to the IRS on Form 1099-INT.
  • Direct Deposits are limited to payroll, Social Security, pension and government benefits.
  • Offer is not available to existing customers of Tompkins VIST Bank. employees of Tompkins VIST Bank and its affiliates are not eligible for this promotion.
  • Limited time offer.
  • Certain restrictions may apply. $50 cash donation to one of the local non-profit organizations listed in this advertisement will be provided by April 15, 2017.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Direct checking has a $8 monthly maintenance fee (and another $2.50 for paper statements) this is avoided if you do any of the following:

  • Receive direct deposits totaling $500 or more
  • Complete 10 debit card transactions

The other accounts are more difficult to keep fee free. There is an early account termination fee of $20 if the account is closed within 180 days of account opening.

Our Verdict

Little bit of a pain to avoid the monthly fee but otherwise this is a pretty good bonus, major downside is that it has to be opened in branch and only one branch is participating. If anybody has any datapoints, then please share them in the comments below. We haven’t added this to our list of the best bank account bonuses due to the fact we don’t know enough about it.

Useful posts regarding bank bonuses:


Related Posts



5
Leave a Reply

avatar
 

  Subscribe  
newest oldest most voted
Notify of
GRR
GRR

If you decline overdraft protection, it is a soft pull through ChexSystems.

If you accept overdraft protection, I don’t know if hard/soft pull.

Vote Up0Vote Down  Reply
January 12, 2017 11:30 pm
Jason
Jason

DOC, here is an update for you: Allowed to fund with credit card, up to $500. Approved on 12/31/17.

Vote Up0Vote Down  Reply
January 13, 2018 12:55 pm
William Charles
William Charles

Hard/soft pull?

Vote Up0Vote Down  Reply
January 29, 2018 8:24 pm
Jason
Jason

DOC:
1. Softpull confirmed

2. $200 bonus posted the same day the $250+ direct deposit (DD) posted, BUT the bonus was a MANUAL entry by the actual bank teller I met in person, so they manually check for a REAL DD.
(I DID open the account online, but branch is local, so did stop by one time)

When I did a “push” ACH from TopCash back to test if they do automated bonus postings, the centralized call center referred me to the local branch that politely informed me that “customer-initiated” ACHs will NOT count as a DD, must be payroll type.

Moral of story: most small banks / CUs post MANUAL bonuses, after “eyes-on” and only real DD will work.

3. Chexsystems: unknown

Thanks, Doc!

Vote Up0Vote Down  Reply
February 18, 2018 12:43 pm
William Charles
William Charles

Great info, thanks Jason!

Vote Up0Vote Down  Reply
February 18, 2018 7:07 pm
Back to Top ↑