Astoria Bank Review: $350 Checking Bonus

Are you a current resident of New York looking to expand your checking experience with a high-rewarding checking account? Check out Astoria Bank for a chance to earn $350 when you open a new Select Checking account. When you receive direct deposits of $250 or more each month for three consecutive months OR make three Bill/People Pay payments of at least $25 each month for three consecutive months within the first four months of account opening’ using Astoria Bank Online/Mobile Banking, you’ll earn a total of $350 in bonus incentive.

Workplace Advantage Banking customers have access to these special benefits: such as Complimentary Financial consultation, free notary services, on-site education seminars and so much more. A select checking account is relationship-based  that rewards you with more services, a preferred money market account rates, money-saving benefits.

Astoria Bank Checking Summary:

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• Account Type: Select Checking
• Maximum Bonus: $350
• Availability: Only New York
• Expiration Date: None
• Soft/Hard Pull: Soft pull (ChexSystem)
• Credit Card Funding: Unknown
• Direct Deposit Requirement: Optional. If you do direct deposit, to receive the bonus must deposit $250+ per month for three months
• Additional Requirements: No direct deposit if you maintain a monthly balance of $2500 in Select account and make 3 bill payments of at least $25 for 3 consecutive months within 4 months of opening the account.
• Monthly Fee: $15, Minimum balance of $25,000 in combined linked deposit accounts on your statement cycle date
• Early Termination Fee: None

Astoria Bank Checking Minimum Balance Requirements:

1. Stop by an Astoria Bank and open a Select Checking account
2. Accomplish the minimum opening deposit of $100
3. Receive direct deposits of $250 or more each month for three consecutive months within the first four months of account opening
4. OR make three Bill/People Pay payments of at least $25 each month for three consecutive months within the first four months of account opening’ using Astoria Bank Online/Mobile Banking
5. Once all requirements have been accomplished, you’ll receive $350

Astoria Bank Simple Checking Features:

• No Monthly Service Charge when you maintain a minimum balance of $25,000 in any combination of linked Astoria deposit accounts on the statement cycle date⁺
• Minimum Opening Deposit of $100
• Visa ^® Debit Card with EMV Chip Technology
• Online Banking and Telephone Banking
• Mobile Banking¹
• Free unlimited basic checkbook orders
• A competitive interest rate on your balance
• Withdrawals from non-Astoria Bank ATMs with no Astoria Bank fee² when you maintain the minimum balance requirement
• Rebates of up to $15 per month for non-Astoria ATM withdrawal fees assessed by other institutions or retail companies when you maintain the minimum balance requirement³
• Preferred rate on an Astoria Bank money market account (IMMA) with a $10,000 Average Monthly Balance in the Select account⁴
• $500 Discount on closing costs with an Astoria Bank residential mortgage⁵
• Preferred pricing on an Astoria Bank 2X5 safe deposit box⁶
• Overdraft protection – Link your savings account through our Bounce Protection Program⁷ or apply for a line of credit

Conclusion:

Get your hands on a Astoria Bank Simple Checking account and you’ll earn $350 when you complete the few requirements necessary. There’s no early termination fee but Astoria Bank urges you to keep your account open and in good standing in the duration that the bonus incentive is received.

The Workplace Advantage Banking cash bonus will be credited to the opened account within 30 business days after receipt of the third month’s required direct deposit(s) or after the third month’s required Bill/People Pay payment has posted. Cash bonus will be reported as income on IRS form 1099-INT. If you’re not interested, then see our complete list of Bank Deals for all your banking needs!

With the American Express® High Yield Savings Account: • Earn 1.90% APY as of 9/15/22 on your deposits. Your High Yield Savings account earns interest daily and is posted to your account monthly. • Links easily with your current bank accounts. No need to switch banks. • FDIC Insured. Your account is insured to at least $250,000 per depositor. • 24/7 Account Access Apply Now at American Express