Update 5/17/26: The deal is now $300. Valid until June 30, 2026. Apparently it can also be opened online now. Hat tip to the reader Super Pirate formerly PS
Offer at a glance
Offers
- Provident Bank offers a $300 bonus when you personally open a new free checking account at $mart and meet the following requirements:
- Deposit $50 or more at account opening
- Make 2 separate direct deposits of at least $500 each within 60 days of account opening.
Fine Press
- Open a new FREE Provident $mart Checking account in person at any Provident branch; deposit $50 or more at account opening; make your direct deposit or an automatic ACH debit to this account within 60 days of opening the account.
- Once you have met all of the above requirements, including keeping your account in good standing and not overdrawing your account, we will deposit the bonus cash into your new account within 75 days of the last day of the promotion, which is Saturday 12th October.
- Please note that Teacher’s Village (Newark) and Metropark (Iselin) are closed on Saturday, October 12, 2019.
- Current personal checking customers are not eligible for this offer.
- All bank account bonuses are treated as income/interest and as such you must pay tax on them
Avoidance of fees
Monthly fees
This account has no monthly fees to worry about.
Early account termination fee
According to this comment there is an early account termination fee of $15 if closed within 6 months.
Our verdict
The biggest bonus we’ve seen before was $200 and that was on target. This is an additional $50 and accessible to the public. It’s a nice offer, plus you don’t need a direct deposit, an automated debit will work just as well under the terms. I will repost this offer and add it to the best check promotions site once the offer goes live on October 7th.
Hat tip to reader YS
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