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$150 Checking Account Bonus at a California Bank (Provident)

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Provident Bank is offering a cash bonus of $100 for opening a new checking account with a $100 minimum deposit. An additional $50 is given if your include direct deposit. The offer ends 11/30/07. Direct deposit must be established by 2/01/08. The account must remain open for at least 6 months.

This promotion doesn't seem to be listed at the bank's website. It was advertised in the Southern California newspaper. The ad is available online here.

The bonus requires opening either the Value Plus or Gold Advantage checking account. The Gold Advantage has no minimum balance requirements or monthly service fees, but only those 50 years of age and above are eligible. The Value Plus Checking has a monthly service fee, but according to the small print in the ad, monthly service charges will be waived for the lifetime of the account. That's an important feature. Otherwise you would need a $2,500 balance to avoid the fees, and the account earns practically no interest.

Branches are located in several SoCal cities including Riverside, Moreno Valley and Corona. The bank is FDIC insured (Certificate # 30879).

  Tags: California, Sterling National Bank (NY), checking account

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Comments
9 Comments.
Comment #1 by Anonymous posted on
Anonymous
Don't know if this is a local deal or not.

1
Comment #2 by Anonymous posted on
Anonymous
possible to open an account online? (their website appears to have online banking enrollment, but implication is for accountholders)

1
Comment #3 by Anonymous posted on
Anonymous
I was not able to pull up the newspaper ad. Has anyone else been successful? If not, Bankingguy would you please resubmit the link?

1
Comment #4 by Anonymous posted on
Anonymous
Link to ad works fine.
Just try again but I could not find any link to open an account online.

1
Comment #5 by Anonymous posted on
Anonymous
I also was unable to open the ad link; I keep getting page errors and the Press Enterprise website has no ads on file for Provident Bank, only their mortgage arm? Could you try again with the link, please!

1
Comment #6 by dennis (anonymous) posted on
dennis
Would someone please post the link to this ad it is not coming up through the above link.
Thanks in advance.

1
Comment #7 by Banking Guy (anonymous) posted on
Banking Guy
Looks like the online ad is no longer being displayed. You might want to call the bank to make sure it's still being offered.

1
Comment #8 by Anonymous posted on
Anonymous
Opened my account yesterday at branch and received my $100.00 bonus today. Going to set up direct deposit next week for another $50.00
Awesome deal even has online ach capability. promotion good thru 11/30/07
no min balance or any min on direct deposit either, but must keep account OPEN for 6 months.
Sending the wife down tomorrow to open another in her name
thanks for the info

2
Comment #9 by Banking Guy (anonymous) posted on
Banking Guy
Thanks for the info. Glad to see it's still available.

1