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.
Eligibility
- 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.
Fees
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.
Guru’s Wrap-Up
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.
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
- 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
HT: DoC
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