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$101 Checking Account Bonus at Sterling Savings Bank


Sterling Savings Bank
Sterling Savings Bank is offering a $101 bonus for any new Perfect Fit Checking account. The bonus requires trying 3 of the following 4 services within the first 90 days: 1) check card used at least 3 times at an ATM or for purchases, 2) one direct deposit or ACH credit, 3) enroll in 1-2-Free Bill Pay, and 4) enroll in online statements. Free checking requires a minimum opening deposit of $100. The offer is available through October 31, 2007.

Some other details of this promotion include: Offer is only for the first new checking account. New accounts will be reviewed three full calendar months after account opening and the $101 will be credited to your checking account within four calendar months of account opening upon meeting usage requirements. $101 incentive is subject to IRS and other tax reporting.

One important note regarding the Free Checking is that the 1-2-Free Bill Pay requires being used for at least 2 bills per month to avoid a $5.95 monthly fee. Also, there's no mention of any free checks, so make sure you see how this might be charged to your account.

This bonus appears to require a branch visit. Branches are located in Washington State, Oregon, Idaho and Montana. Note, other states are listed in the location page, but these don't seem to have bank branches. The bank is FDIC insured (FDIC Certificate # 32158).

Thanks to KS who mentioned this bonus in the finding deals post.

  Tags: Washington, Oregon, Montana, Idaho, Sterling Savings Bank, checking account

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Comment #1 by daveboz (anonymous) posted on
I will look into this as I live down the street from a Sterling Branch. A quick 100 for a vacation or clothes purchase account, something which revolves. It appears the Freechecking account offers free checks as well.

I'm thinking about keeping an account earmarked for bonusd money only earned on credit card rewards, bank accounts etc, and see what it looks like in five years. Free money.