Dedicated to Deposits: Deals, Data, and Discussion

Bryn Mawr Trust’s Kindle Fire HDX Checking Promo in the Philly Metro Area


The Bryn Mawr Trust Company

Bryn Mawr Trust regularly has checking account promotions that offer some new electronic gadget. Its latest promotion offers a free Amazon Kindle Fire HDX for opening a BMT Free Checking account and for completing certain activities. As is typical for checking account bonuses, it requires direct deposit. The promotion isn’t listed at the bank’s website. A scan of a newspaper ad of this offer was posted by FW member Treefarn in this FW thread. The offer is scheduled to last until March 31, 2014. Below is a list of what’s required to qualify for the bonus:

  • Must be a new BMT Free Checking Account customer who opens account with at least $100 initial deposit by March 31, 2014
  • 8 debit card purchases by May 30, 2014
  • 2 ACH payroll direct deposits of at least $500 or 1 government direct deposit of at least $500 by May 30, 2014
  • Sign up for e-statements by May 30, 2014

Some important small print includes:

One Kindle per household; prior promotional participants are not eligible. Current clients with a consumer checking account at Bryn Mawr Trust, or employees and family household members of Bryn Mawr Trust, its parent, subsidiaries and affiliated companies are not eligible. On-line account openings do not qualify. Offer expires March 31, 2014, or while supplies last.

One important point about a gadget bonus is that the bank will typically include the value of the gadget on your 1099. According to Amazon, the Kindle Fire HDX with built-in WiFi, 16GB of memory and a 7" screen has a cost of $229.

The BMT Free Checking Account has no minimum balance requirements and no monthly service fee. It offers free online banking, mobile banking and online bill pay. It’s nice to see a checking account promotion with a free checking account.

Availability and Bank Overview

The bank requires a branch visit for this promotion. Bryn Mawr Trust branches are located in the suburbs of Philadelphia and in Wilmington, Delaware.

The bank has an overall health grade at of a B+ with a Texas Ratio of 4.99% (excellent) based on December 2013 data. Please refer to our financial overview of The Bryn Mawr Trust for more details. The bank has been a FDIC member since 1934 (FDIC Certificate # 11866).

Other Bank and Credit Union Bonuses

You can view my latest bank bonus blog posts in this bank bonus page. I and readers often post on bonuses in the bank deals forum.

Related Pages: The Bryn Mawr Trust Company, checking account, Pennsylvania, Delaware

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