Offer Details
Written by: RJ
Requirements
- Open a new savings account – $250
- Must have an open checking account
- Deposit the following amounts by 4/30 and maintain for 5 consecutive months
- $5k = $200
- 10k = $500
- See payout table on promo page for payout dates based on open date
Eligibility
- CT, DC, DE, FL, MA, MD, MI, NH, NJ, NY, OH, PA, RI, VA, VT
- New and existing customers
Fees
- One Deposit savings – $4.99 monthly fee
- Waived with $200 balance
Account Closure
- No rule listed
Chex
- Not usually
Valid through: 4/30/24
Thoughts
Long lockup period and 0.01% APY make this one tough. Now I see why the first time in forever the $400 checking offer wasn’t renewed.
The 5k says 250 in the picture on here plus I just got off the phone with my in branch contact there (as sometimes there are in branch offers) and they said the same for $250 on the lower tier offer. Your write-up says $200 for the 5k. The 10k for $500 is right though. They tend to be churn friendly. Meh interest but it still ends up being around just over 10% back which isn’t too bad.