Dedicated to Deposits: Deals, Data, and Discussion

$100 Bonus, 2.75% APY Checking Account and 3% 9-mo CD at Sun National Bank in New Jersey


Sun National Bank
Sun National Bank is offering several good deals. First is a checking account called Kapow! Checking which has a promo rate of 2.75% APY. Minimum balance to qualify for this rate and to avoid a $20/month fee is $2,500. This 2.75% APY is only shown in the online application as of 2/3/09 (the rate table shows 2%).

In addition to the promo rate, there's a bonus of up to $100 for opening the Kapow! Checking. The bonus comes in two parts: 1) $50 for direct deposit, and 2) $50 for paying at least one bill using online bill pay. This promotion doesn't seem to be listed on the website. A reader emailed me info on this, and I just called for additional details. According to the CSR, this bonus is available at all of their branches, and it's available for those who apply online. However, it's limited to New Jersey residents. According to the CSR, they only do a ChexSystem verification in the application with no hard credit pulls.

The bank also has a good deal on a 9-month CD with an APY of 3.00%. Minimum deposit is $500. This requires a new or existing checking account. This rate is listed in the bank's rate table as of 2/3/09. The special CD is listed in the online application.

Branches are located in several New Jersey cities including Atlantic City, Medford, Cherry Hill, Cape May, Vineland, Bloomfield, Turnersville, Flemington, Trenton, Edison, Howell, Manahawkin, Salem and Somerville.

Sun National Bank has been FDIC insured since 1985 (FDIC Certificate # 26240).

Thanks to the reader who emailed me info on this promotion.

Related Pages: Sun National Bank, CD rates, New Jersey, checking account

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