Astoria Bank Review: $150 Checking Bonus

Residents of New York, stop by Astoria Bank and check out their $150 bonus. All you have to do is open a Simple account and receive direct deposits of $250 or more each month for three consecutive months.

You will also have the option of making three bill/People pay payments of at least $25 each month for three consecutive months within the first four months of account opening. With a Simple checking account from Astoria Bank, you’ll receive simplicity in an easy-to-manage everyday account with low balance requirements.

Astoria Bank Checking Summary:

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• Account Type: Simple Checking
• Maximum Bonus: $150
• 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 Simple+ account and make 3 bill payments of at least $25 for 3 consecutive months within 4 months of opening the account.
• Monthly Fee: Waivable by keeping a monthly balance of $250
• Early Termination Fee: None

Astoria Bank Checking Minimum Balance Requirements:

1. Stop by an Astoria Bank and open a Simple Checking account
2. Accomplish the minimum opening deposit of $25
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

Astoria Bank Simple Checking Features:

• No Monthly Service Charge when you maintain an Average Monthly Balance of $250 or receive Direct Deposits_* totaling $250 or more during the current monthly statement cycle.
• Minimum Opening Deposit of $25
• Visa ^® Debit Card with EMV Chip Technology
• Online Banking and Telephone Banking
• Mobile Banking²
• $50 Bonus³ after you initiate a recurring Direct Deposit on your account at any branch
• Overdraft protection – Link your savings account through our Bounce Protection Program⁴ or apply for a line of credit
• The Security of FDIC Insurance

Conclusion:

Take advantage of an easy $150 bonus incentive when you open a new simple checking account from Astoria Bank. 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.

Don’t forget, there’s no early termination fee but Astoria Bank stresses that you must keep your account open and in good standing in the duration that the bonus incentive is received. 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!

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