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$190 Checking Account Bonus at HomeStreet Bank in WA, OR & HI


HomeStreet Bank
HomeStreet Bank is offering a checking account promotion in which you can earn up to $190. Open a new personal checking account at a HomeStreet Bank branch and complete the following activities for the full $190:
  • $75 for direct deposit with a minimum of $500 a month for 2 consecutive months
  • $75 for using your Visa check card to make 10 purchases or payments each month for 2 consecutive months
  • $30 for enrolling in free Online Banking/Bill Payer and paying a minimum of 3 bills each month for 2 consecutive months
  • $10 for signing up for e-statements
The promotion is scheduled to last through 3/31/2009.

$25 can be applied to the cost of new checks for giving the bank your old checks or check card from another bank. I didn't include this as part of bonus since many banks offer free first order of checks. Some important small print of the offer includes:
  • Offer is limited to one account per household
  • Account holder will be responsible for tax implications
  • Accounts closed by the customer within 90 days of opening are subject to a $15 early closure fee

Branches are located in Washington State, Oregon and Hawaii. The bank is FDIC insured (FDIC Certificate # 32489).

Thanks to the reader who mentioned this promotion in the Finding the Best Deals post.

  Tags: Washington, Oregon, HomeStreet Bank, Hawaii, checking account

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Comment #1 by Sarah (anonymous) posted on
Is there a good forum to find people who already have this account, for the referral "free gift" bonus?

Comment #2 by monkeybusiness (anonymous) posted on
Good deal!

I submitted it to to share with others. Thanks.

Comment #4 by Sarah (anonymous) posted on
FYI, just spoke to a CSR, who claimed no hard credit inquiry. Also, I think the $25 for turning in old checks should count when you're listing the bonus--if you chose not to order checks, you can keep the $25.