Welcome to the updated Slickdeals redesign beta. Learn more and give us feedback. Or, return to the classic view.

Search in
Forum Thread

Valley National Bank - $150 Cash Bonus for New Checking Account

laxpro2001 32 May 10, 2012 at 10:37 AM in Finance (8)
Deal
Score
+3
10,116 Views
Buy Now

Thread Details

Valley National Bank is offering a $150 bonus for opening a Perfect Checking account.

If you open a checking account with Valley National Bank, you get $75 when you sign up for mobile banking, and an additional $75 when you enroll in online bill pay or start a monthly direct deposit. You must do this within 60 days of opening the account, and the money will appear within 90 days.

Details Below:
Minimum Opening Balance $0.01
Monthly Service Fee None*
Debit Check Card
Debit Card Free
ATM Fees None*
Electronic & Telephone Banking
Online Banking Free
Email Alerts With Online Banking
Activity Download With Online Banking
Online Bill Payment Free
Automated Phone Banking Free
Mobile Phone Banking Free
Text Message (SMS) Banking Free

Checks & Statements
Unlimited Check Writing Yes
Monthly Paper Statements Yes
Check Images with Statements Included
Electronic Statements Yes
Online Check Images Yes

Overdrawing the Account
Insufficient Funds Fee $34.00/per item
Overdraft Protection Available




Link:
https://www.valleynationalbank.co...cking.aspx

They did this deal a while back in September FYI.

Thanks

19 Comments

1 2

Sign up for a Slickdeals account to remove this ad.

#2
Must open with at least 100 opening deposit to qualify. Bolded important parts of T&C below. Looks like CT, NJ, NY, PA only from application page.

To qualify for $150 Checking Promotion, open a qualifying checking account with a minimum deposit of $100 and receive $75 cash reward when you sign up for Mobile Banking and $75 when you initiate a monthly direct deposit such as a payroll, pension, Social Security or other government benefits or by enrolling in online banking and completing three merchant bill payments. The required mobile banking, first direct deposit and bill pay transactions must be completed within the first 60 days of account opening to qualify. Cash rewards will be credited within 90 days of account opening and may be reportable as taxable income. Cash rewards offered to new checking customers only. Products limited to one per consumer, two per household. Funds deposited must be new money from another financial institution. See a representative for qualifying checking accounts, complete terms and conditions.
Reply Helpful Comment? 0 0
#3
Couple of questions..
1. Is there a hard pull when opening an account?

2. How long do I have to maintain the account before closing?

3. How long did it take you to get the bonus?

4. To qualify for $150 Checking Promotion, open a qualifying checking account with a minimum deposit of $100 and receive $75 cash reward when you sign up for Mobile Banking and $75 when you initiate a monthly direct deposit such as a payroll, pension, Social Security or other government benefits or by enrolling in online banking and completing three merchant bill payments. So, instead of DD, I can just buy a cheap item on Amazon via 3 different transactions and it would suffice?
Reply Helpful Comment? 0 0
#4
Is this Nationwide?
Reply Helpful Comment? 0 0
#5
Quote from jimuk View Post :
Is this Nationwide?
co-ask about that. I call the cs, but she seems no idea whether it it nationalwideConfused
Reply Helpful Comment? 0 0
#6
Anyone know the minimum for the DD or Online Bill Pay?
Reply Helpful Comment? 0 0
#7
No Valley locations were found near that address.
Reply Helpful Comment? 0 0
#8
Quote from mrk23 View Post :
So, instead of DD, I can just buy a cheap item on Amazon via 3 different transactions and it would suffice?
How do you do this ?? Confused
Reply Helpful Comment? 0 0

Sign up for a Slickdeals account to remove this ad.

#9
Quote from arrestedcloud View Post :
How do you do this ?? Confused
I mean buy a cheap merchandise 3 times.
Reply Helpful Comment? 0 0
#10
Looks like CT, NJ, NY, and PA only (application is limited to those states). OP, please change title to include those states, or provide instructions for those not in those states to replicate.
Reply Helpful Comment? 0 0
#11
Quote from mrk23 View Post :
I mean buy a cheap merchandise 3 times.

You have 60 days, so you're better off just buying stuff that you actually want/need. There aren't too many things on Amazon that are <$1 and free shipping.
Reply Helpful Comment? 0 0
#12
Quote from johannbiermann View Post :
Looks like CT, NJ, NY, and PA only (application is limited to those states). OP, please change title to include those states, or provide instructions for those not in those states to replicate.
I don't see PA as one of the states only NY and NJ. Can I still open an acct. I am in PA
Reply Helpful Comment? 0 0
#13
I did this promotion in Nov and paid 3 online bills for utility $10 each and logged on my account through iPod browser..
I got the promotion in next month.

and yes.. they do use checksystems and pull your history. Not sure if it is considered as hard pull or soft.
Reply Helpful Comment? 0 0
#14
Where do you specify the amount to open the account with? Under "Account Funding Options For New Valley Customers" they just have a box for your social security number.

Also, does anyone see anything about an early closing fee?
Reply Helpful Comment? 0 0
#15
I just applied from PA only to be told at the end:

To open your new Perfect Checking account, visit your local Valley National Bank branch with your $0.00 deposit check to open your account, and remember to bring your valid photo driver's license or passport for each person signing the application.

They only had branches in NY and NJ to choose from. I can't make the trip.

Anyone have feedback or advice on this? Anyone do the previous deal?
Reply Helpful Comment? 0 0
Page 1 of 2
1 2
Join the Conversation
Add a Comment
 
Slickdeals Price Tracker
Saving money just got easier.
Start Tracking Today
Copyright 1999 - 2015. Slickdeals, LLC. All Rights Reserved. Copyright / DMCA Notice  •  Privacy Policy  •  Terms of Service  •  Acceptable Use Policy (Rules)