Replace 10/15/22: Deal is again however has been diminished to $300 from $350. Hat tip to Bockrr
Replace 9/14/21: Deal is again and Legitimate for customers who reside or work within the following Connecticut cities solely: North Haven, East Haven, North Branford, Wallingford, Hamden and New Haven. Hat tip to reader Peek
Provide at a look
- Most bonus quantity: $300
- Availability: You will need to reside in a New England State or New York to open an account with GSB [NY, CT, VT, RI, MA, ME, NH]
- Direct deposit required: No
- Extra necessities: See beneath
- Laborious/mushy pull: Unknown
- ChexSystems: Unknown
- Bank card funding: None
- Month-to-month charges: $15-$25, avoidable
- Early account termination charge: Unknown
- Family restrict: One
- Expiration date: March 31, 2021
The Provide
- Guilford Financial savings Financial institution is providing a bonus of $350 Amazon reward card whenever you open a brand new Prime Entry, Most well-liked Entry and Entry checking checking account and full the next necessities:
- Use promo code Access350
- Meet necessities to maintain account charge free for 180 days
The Superb Print
- You will need to enter promotion code “Access350” if opening on-line or point out the promotion to a banker when opening in-branch.
- All account holders on qualifying account should be new GSB checking account prospects.
- Current Guilford Financial savings Financial institution (GSB) client checking prospects ineligible for $350 Present Card provide.
- Provide solely accessible for brand spanking new Prime Entry, Most well-liked Entry or Entry checking accounts. Accounts topic to approval.
- Minimal Necessities to Keep away from Month-to-month Service Charge should be regularly met for the account and the account should stay open for 180 days so as to obtain the Present Card.
- After 180 days, a financial institution consultant will contact the first account holder to substantiate an correct electronic mail handle for Amazon eGift Card supply.
- GSB reserves the fitting to substitute a present card of equal worth.
- Could also be topic to 1099 reporting. Account holder is chargeable for all relevant taxes.
- Provide is topic to vary with out discover and could also be withdrawn at any time.
- Shopper accounts solely.
- Restrict 1 provide per family.
- Restrict 1 per account.
- $50 minimal to open.
- Please consult with GSB-YOURBANK.COM/PERSONAL-CHECKING for the account phrases together with the Minimal Necessities to Keep away from the Month-to-month Service Charge for the qualifying Prime Entry, Most well-liked Entry and Entry checking accounts.
- All checking account bonuses are handled as revenue/curiosity and as such you must pay taxes on them
Avoiding Charges
Month-to-month Charges
There are three accounts that qualify for this bonus: Prime Entry, Most well-liked Entry and Entry checking
- Prime Entry: $2500 checking minimal AND $50k combination [consumer deposits, loans (excludes first mortgages; lines of credit are measured as the amount outstanding and not the full line of credit) and/or wealth management accounts). Otherwise a $25 monthly fee is charged.
- Preferred Access: $1500 checking min and $25k aggregate (same as above). Otherwise a $20 monthly fee is charged.
- Access: $250 DD/month and 1 debit purchase/month. Otherwise a $15 monthly fee is charged.
Early Account Termination Fee
I wasn’t able to find a fee schedule, so unsure if there is an early account termination fee.
Our Verdict
Looks like an easy bonus to meet the requirements for with a $2,500 minimum balance, although you do need to maintain that for 180 days. Just need to know if it’s a hard or soft pull to open. If anybody goes for this bonus then please share your experiences in the comments below.
Hat tip to reader Laura G
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