Popular Bank Bonuses: $700 Checking & Savings Promotion (FL, NJ, NY)

Take advantage of the latest Popular Bank bonuses, promotions, and offers here.

Update 12/11/24: There’s currently a $700 checking and savings bonus available through 1/31/25.

Popular Bank Bonuses Review

Popular Bank strives to attract, develop, compensate and retain the most qualified people in a work environment characterized by discipline and leadership. They have built their reputation on commitment – sustained by dedication and fueled by ambition.

I’ll review the current Popular Bank bonuses below.

Popular Bank $700 Checking & Savings Bonus

• What you’ll get: Up to $700
• Eligible account: Checking & Savings Account
• Where it’s available: FL, NJ, NY 
• Credit Inquiry: Soft Pull
• Direct Deposit Required: Yes
• Monthly Fee: $3-$12; waivable
• How to earn it:
  • Earn up to $700 bonus for opening a checking and savings account at Popular Bank. Must perform qualifying activities within the given timeframe.
    • Earn $150 bonus when you open a new Popular Easy Access Checking account, link two direct deposits (such as your paycheck or government benefits), and make 12 everyday purchases (like your morning coffee) in the first 90 days.
    • Or earn $300 bonus when you open a new Popular Everyday Checking account, link two direct deposits (such as your paycheck or pension), and make 12 everyday purchases (like your weekly supermarket run) in the first 90 days.
    • Or earn $500 bonus when you open a new Popular Prestige Checking account, link two direct deposits (such as your paycheck or government benefits), and make 12 everyday purchases (like your dinner delivery) in the first 90 days.
  • Plus, earn $200 bonus when you open a new Popular Savings account, deposit a minimum of $8,000 in new money in the first 30 days, and keep a $8,000 average monthly balance for two statement cycles. Must have or open a Popular Bank consumer checking account to qualify.

(Expires 01/31/2025)

Fine Print

• Minimum opening deposit is $25. For more information please refer to the product disclosures for checking and/or savings accounts.
• Earn a cash bonus by opening a new consumer checking account with new money between October 1, 2024, and January 31, 2025, and by completing the qualifying activities within 90 days of account opening. After the 90-day qualifying period has ended and the qualifying activities have been met, the cash bonus will be deposited into the new consumer checking account within 30 days. The cash bonus offer is as follows: $150 for Easy Access Checking, $300 for Everyday Checking, and $500 for Prestige Checking accounts. Qualifying activities include: At least 2 direct deposits totaling: $500 or more for Easy Access, $1,000 or more for Everyday Checking, & $2,500 or more for Prestige Checking. 12 qualifying debit card transactions include purchases made pin based, signature based, and contactless (mobile or online). Recurring transactions also qualify. These transactions must be posted within 90 days of the new checking account opening. ATM withdrawals at a branch using your debit card are not qualifying transactions. Zelle transactions are not qualifying transactions. Qualifying direct deposits are regular, periodic automated clearing house (ACH) credits, which may include payroll, salary, pension, or government payments (such as Social Security). Deposits that do not qualify are those through the Real-Time Payments (RTP) network, and payments through peer-to-peer networks such as PayPal, Zelle, Venmo, or others.
• Earn a cash bonus of $200 by opening a new Popular Savings account between October 1, 2024 and January 31, 2025 and funding the account within 30 days of account opening by making one or more deposits totaling at least $8,000 in new money. The $8,000 must be reflected in the end of day balance on day 30 and must be maintained for the following 2 statement cycles. The cash bonus will be deposited into the new Popular Savings account within 30 days after the qualification requirements have been met and verified. Maintain an existing Popular Bank consumer checking account or open a new Popular Banking consumer checking account. New money is defined as deposits not currently held with Popular Bank. Minimum of $25 required to open a checking account and a savings account. The offer is non-transferable, may not be combined with any other checking offers, limited to one per customer, is subject to change, and may be discontinued at any time. Additional terms may apply. Please speak to a bank representative for details.

Popular Bank $750 Business Checking Bonus (Expired)

Open and fund a new Popular Business Checking account and earn a cash bonus of up to $750.

• What you’ll get: Up to $750
• Eligible account: Business Checking
• Where it’s available: FL, NJ, NY 
• Credit Inquiry: Soft Pull
• Direct Deposit Required: No
• Monthly Fee: $15-$55; waivable
• How to earn it:
  • Open a new business account. Open a new Popular Business Checking account at your nearest branch starting February 21 through June 30, 2023.
  • Fund your account. Fund your account with a new deposit within 30 calendar days from account opening.
  • Maintain your balance. Maintain your balance for two consecutive statement cycles following the 30-day period when you opened your account.
  • Receive your bonus.
    • $5,000 – $19,999 qualifying deposit for $250 cash bonus
    • $20,000 – $49,999 qualifying deposit for $500 cash bonus
    • $50,000+ qualifying deposit for $750 cash bonus

(Expires 06/30/2023)

Fine Print

• Popular Business Checking Bonus Cash Offer (the “Offer”) is for a limited time for eligible customers only and may be terminated or discontinued at any time by Popular Bank, at its sole discretion.
• The Offer is not available to existing Popular Bank business checking account customers or to Popular Bank business checking account customers whose accounts have been closed after February 21, 2023.
• The Offer details, including account and deposit eligibility requirements, are outlined as follows: Customers are eligible to receive up to a $750 cash bonus under the following conditions: (1) Beginning February 21, 2023 through and including June 30, 2023, customer must open a qualifying business checking account from one of our Popular Bank Business Packages (Primary, Preferred, or Platinum). (2) Customer must fund the account within 30 days of account opening with a new minimum deposit of $5,000 (i.e., not currently in deposit with Popular Bank) by making one or more deposits.
• The deposit amount must be reflected in the account’s end-of-day balance on day 30. (3) Customer must maintain a monthly average balance in the account for two consecutive statement cycles following the initial 30-day period when the account was opened.
• The average balance amount must meet one of the required qualifying balance tiers to earn the appropriate cash bonus tier.
• The cash bonus offer level is determined by the following qualifying balance levels: $5,000-$19,999 = $250 cash bonus, $20,000 – $49,999 = $500 cash bonus, $50,000+ = $750 cash bonus. (4) Customer account will be credited within 30 days from the end of the month in which all Offer requirements are fulfilled.
• New Popular Bank Business Checking accounts must be open and in good standing at the time any cash bonus earned as part of the Offer is to be credited.
• Any cash bonus will be credited directly to an eligible customer’s new Popular Bank business checking account.
• To be eligible for the cash bonus, U.S. persons must furnish a valid IRS Form W-9 (Request for Taxpayer Identification Number and Certification).
• Foreign persons must furnish a valid IRS Form W-8BEN (Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and Reporting (Individuals) or a valid IRS Form W-8BEN-E (Certificate of Beneficial Owner for United States Tax Withholding and Reporting (Entities)).
• Accounts subject to backup withholding are ineligible.
• The cash bonus will be deposited as a credit on your account. Your account will be credited within 30 days from the end of the month in which all Offer requirements are fulfilled.

Popular Bank $200 (Up to $1,000) Brokerage Bonus (Expired)

Earn a $200 to $1,000 bonus from Popular Bank when you open a new eligible brokerage Account. Apply promo code GET200SPRING.

• What you’ll get: $200 Bonus (Up to $1,000)
• Eligible account: Brokerage accounts, Mutual fund brokerage accounts, Individual Retirement Accounts (IRAs), Separately Managed Accounts (SMAs)Account
• Where it’s available: FL, NJ, NY (Locator)
• Credit Inquiry: Soft Pull
• Direct Deposit Required: No
• Monthly Fee: None
• How to earn it:
  • Open a new Popular Bank brokerage account
  • Deposit a minimum of $50,000 and earn a bonus corresponding to the amount you deposit
  • Keep the funds in the account for at least 90 days

(No Expiration Date Listed)

Fine Print

• Offer effective as of July 15, 2020.
• To qualify, customers must transfer existing assets to, open and/or fund an Eligible Account (as set forth below) with a minimum of $50,000 or more in cash and/or securities from a non-Popular Bank account or investment account from another institution.
• Qualifying new assets exclude existing deposits, funds or securities currently held by the customer at Infinex
• Investments or Popular Bank. Eligible assets must be maintained for at least ninety (90) calendar days from the date the customer qualifies.
• (Losses due to trading or market fluctuations will not be taken into consideration.)

How to Waive Monthly Fees

• Prestige Checking: $12 monthly fee waived with $2,000 average monthly balance OR $5,000 combined average monthly deposit balance and other qualifying product balance.
• Everyday Checking: $10 monthly fee waived with $1,000 average monthly balance OR $750 with recurring monthly Direct Deposit.
• Easy Access Checking FL: $5 monthly service fee will always be applied.
• Easy Access Checking NJ: $3 monthly service fee will always be applied.
• Easy Access Checking NY: Lower monthly fee option: If you make 12 or fewer monthly withdrawals, you’ll incur a $3 monthly service fee. Your monthly service fee will increase to $4 if you exceed 12 withdrawals.
  Unlimited transaction option: $4 monthly service fee.
• Popular Primary Business Checking: $15 or waived with $5,000 average monthly balance
• Popular Preferred Business Checking: $30 or waived with $20,000 average monthly balance
• Popular Platinum Business Checking: $55 or waived with $50,000 average monthly balance

Conclusion

Would you like to earn some extra cash for both you and a friend? Then I highly recommend Popular Bank‘s latest promotion. With this limited-time offer, you not only get to share your benefits with your loved ones, but you also get a generous bonus for just doing so!

While these bank promotions are rather attractive, you can also take advantage of our list of Savings, Money Market, and CD rates.

• Best Savings/Money Market rates
• Best CD Account rates

However, if you do not live in New York, definitely take a look at our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, and many more.

Feel free to comment on this post with any questions you may have about Popular Bank, their accounts they offer, or any experiences you have had!

Check back often for more Bonuses, Promotions, or Offers!