When you open a NewAlliance Free Checking account with Direct Deposit and a Free Savings account, we'll deposit $25 into your checking account for each qualifying direct deposit transaction through December 15, 2009 - up to $250
Both the checking account and the savings account have no minimum balance requirements or monthly fee.
In the promo page you're instructed to visit one of the bank's branches to open the accounts. They do have an online application via andera.com, but the application states that you must reside in either Connecticut or Massachusetts. Most of the bank's branches are located in Connecticut with a few in south central Massachusetts.
Some of the important small print of the promotion includes:
- Direct Deposit Bonus: Maximum of ten qualifying bonuses of $25 each may be paid (for a total of $250 in bonuses) on direct deposits made to a NewAlliance Free Checking account from 9/15/09 to 12/15/09. To qualify for $25 bonus, each direct deposit must be in the amount of $250 or more.
- Bonuses will be credited to the Free Checking account by 1/31/10
- Offer is available to new and existing customers who open both a Free Checking and Free Savings account by 11/15/09 and have not had any direct deposits (including single ACH credits) to any NewAlliance account from 6/1/09 to 9/15/09
Credit goes to iBankDesign for this find.
Other Bank Bonuses
To find other bonus deals, please refer to my bank bonus page which has all of my recent bank bonus posts.