Dedicated to Deposits: Deals, Data, and Discussion

$150 Checking Account Bonus at Amalgamated Bank Extended Again


Amalgamated Bank's $150 checking account promotion has been extended to December 31, 2007. This extension is now listed in the pdf promotion page on their home page.

I was told in July that this is available to people in any state. Application can be done online. Several readers have commented that they have not received a hard credit inquiry for opening the checking or savings account. This bonus started in July. I last reported on it in September when they first extended the offer. A few readers had completed the requirements in August and were still waiting for the bonuses as of September. One commenter mentioned being told by the banking rep that it should take around 2 months after meeting the requirements to receive the bonus.

This promotion does takes some work to receive the full $150 bonus:
  • $75 for opening a free checking account and starting direct deposit in the first 3 months
  • $25 for signing up for a debit card and making 3 purchases in the first 3 months
  • $25 for enrolling in online banking and paying 3 bills online in the first 3 months
  • $25 for opening a CD or a savings account

You can also open this checking account at one of their branches which are located in New York, New Jersey, Washington DC and in Pasadena, California. The bank has been FDIC insured since 1934.

Thanks to the reader who mentioned the promotion extension.

  Tags: New York, California, New Jersey, checking account

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