Update 3/24/26: There is a new bonus for $350. Valid until May 14, 2026. Hat tip to the reader Bockrr
Update 1/2/24: March 31, 2024
Update 11/30/23: extended to 12/31/23
Update 11/13/23: Extends to November 30, 2023.
Offer at a glance
- Maximum bonus amount: 750 dollars
- Availability: live, work, worship or attend school in the communities we serve in NY
- Direct deposit required: Yes, $150+
- Additional requirements: See below
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card financing: Unknown
- Monthly fees: ANY
- Early account closure fee:$15 fee for account closed within 0-3 months
- Family boundary: ANY
- Expiration date: October 31, 2023
Offers
- Broadview Federal Credit Union offers a check bonus of up to $350.
- Get a direct deposit of $1,000+ within 45 days of account opening
Fine Press
- All bank account bonuses are treated as income/interest and as such you must pay tax on them
Avoidance of fees
Monthly fees
The checking account has no monthly fees to worry about.
Early account termination fee
$15 fee for account closed within 0-3 months
Our verdict
Savings rates are 0.15%. As for the savings bonus, it is better to put the funds in one high yield savings account earning 5%+ instead (eg if you put $100,000 required for a $600 bonus into a 5% account, you would earn $800 more). The 3 month stock certificate is 3.92%, again you are better off putting the funds in a high yield savings account ($1250 in a 5% account and $1130 total in the stock certificate at the low end and it gets worse as you go up). The $150 direct deposit bonus is worth considering for some.
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