Five Star Bank has an offer for new checking accounts that can get you a bonus of up to $250. The offer is available in NY and in branch only until 6/30/2018.
Bonus Requirements
To receive the $250.00 Bonus you must open a Premier Checking account in a branch by 6/30/2018.
To receive the $150.00 Bonus you must open a Plus Checking, Traditional Checking or E-Checking account in a branch by 6/30/2018.
In addition, to receive either the $250.00 or $150.00 bonus, you must establish a direct deposit into your account within 60 days from the last day of month the account was opened. Your direct deposit needs to be a recurring electronic deposit of your paycheck, pension or government benefit (such as Social Security) from your employer or the government.
The bonus will be deposited into this checking or NOW account within 90 days from the last day of the month the account was opened. The bonus may be subject to income tax and IRS reporting.
Eligibility
- Offers not available to existing Five Star Bank consumer checking or NOW account holders, or those who have closed a Five Star Bank consumer checking account within 12 months or have had an account closed with a negative balance.
- Business and municipal customers are not eligible.
- Bonus is limited to one account per customer regardless of the titling on the account.
- Offer is available in NY only (branch locator).
Fees
Premier Checking has a $22 monthly fee that is waived with:
- A combined total consumer deposit accounts and/or loan balances of $25,000 or more at the end of the activity period OR
- Direct deposits totaling at least $5,000 into the account during the activity period
E-Checking is free when you receive your monthly statement electronically.
If the account is closed within 179 days after opening, the bonus will be forfeit; the bonus will be debited from the account at account closing and the account will be subject to the Bank’s $35.00 early account closeout fee.
Guru’s Wrap-Up
An easy bonus that requires just a direct deposit into your account within 60 days. You then need direct deposits totaling at least $5,000 monthly to waive the $22 fee for the Premier Checking that is required for the $250 bonus. Or you can go for the $150 bonus with the E-Checking account that has no monthly fee.
If this bonus is not for you, then you can check our full list of available bank bonuses. And, if you’re new to bank account bonuses, you can learn more about churning bank accounts here.
Offer Details
- Promo Page
- Bonus: $250/$150
- Account Type: Premier Checking / E-Checking
- Availability: NY
- Expiration Date: 6/30/2018
- Inquiry Type: Soft pull
- Direct Deposit Requirement: Yes
- Other Requirements: None
- Monthly Fee: $22/$5 (can be waived)
- Closing Account Fee: $35 (must keep account open for 179 days to receive bonus)
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