Flushing Bank is offering a new checking account promotion. Unlike the one in January, this one requires opening the bank's BestRate Checking. The free checking doesn't qualify. There are three bonuses that you can earn. Also, there's a 3-month intro rate of 1.30% APY. The bonuses and requirements include:
- $50 for 5 debit card transactions of $25 or more
- $50 for 5 bill pays online of $25 or more OR for recurring Direct Deposit of $250
- 16G Flip Video SlideHD for an opening balance of $25K
The promotion is scheduled to end on June 1, 2011. Refer to the bank's promotion page for all the details. For details on the BestRate Checking, refer to the bank's checking comparison page. As I mentioned above, it's not a free checking. There's a $10 monthly fee for balances under $5K.
It appears that a branch visit is required to open the BestRate Checking. Flushing branches are located in Queens, Brooklyn, Manhattan and Nassau in New York.
The bank has an internet division called iGObanking.com which also includes the site GiftsforBanking.com (see review).
Flushing Bank's overall health score at DepositAccounts.com of 4 stars (out of 5) with a Texas Ratio of 26.23% (average) based on December 2010 data. Please see our financial overview of Flushing Bank for more details. The bank has been a FDIC member since 1934 (FDIC Certificate # 16049).
Other Bank Bonuses
To find other bonus deals at other banks, please refer to the bank bonus page which has all of my recent bank bonus blog posts. There are also additional bonuses listed in the checking account deals forum.