Northfield Bank has a $350 bonus for new checking accounts. The offer is available in-branch only, which are located in NJ and NY (Brooklyn and Staten Island).
Bonus & Requirements
Open a Northfield Bank MyChecking, MyChecking 60+ or MyChecking Student and perform the following over the first 90 days to earn $350:
- Keep a $500 average monthly balance
- Recurring deposit of $500 or more
- 10 POS debit cards transactions per month
Bonus will post within 30 business days following the end of the 90 day period.
- Bonus available in branch in NJ and NY (see branch locator)
- Must not have an existing or prior NorthField Checking account.
- One bonus per household.
MyChecking account has a $8 monthly fee that can be waived with any of the following:
- Maintain a $500 average monthly balance OR
- have a monthly direct deposit totaling $500 or more OR
- perform 10 debit card transactions during statement cycle.
If you do get charged a fee, remember to always ask for a refund at least for the first charge.
The biggest issue with this bonus is that Northfield bank will do a hard pull for new accounts. But even with that, it might be still worth it for some people, as $350 in cash is a pretty good bonus. It is limited to a small area in NJ and NY only. They also have a 2.25% APY 11-month CD.
- No promo page
- Bonus: $350
- Account Type: MyChecking
- Availability: NJ, NY
- Expiration Date: none
- Inquiry Type: Soft pull
- Credit Card Funding: No
- Direct Deposit Requirement: Yes, $500
- Other requirements: $500 deposit and 10 debit transactions monthly
- Monthly Fee: $8 (can be waived)
- Closing Account Fee: Unknown