Find an updated list of Solvay Bank bonuses, promotions, and offers here.
Currently, they have a $100 bonus when you refer someone to open a new account and meet all the requirements.
Solvay Bank Bonuses Review
Solvay Bank is headquartered in Solvay, New York and was founded in 1917. Since then they have grown to 9 locations and they boast an A health rating. They offer a variety of checking options and they focus on providing exceptional service to their clientel.
- Availability: NY (Bank Locator)
- Credit Inquiry: Unknown
Solvay Bank’s CD and Savings rates are not that great, so be sure to check our best rates Savings, Money Market, and CD accounts.
If you are not interested in the promotion above, use 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.
I’ll go over all Solvay Bank offers below.
Solvay Bank $100 Referral Bonus
Solvay Bank is offering a $100 when you refer someone to open a new qualifying checking or Savings account.
- What you’ll get: $100 Bonus
- Eligible account: Checking Account
- Where it’s available: NY
(Does Not Expire)
Chase Total Checking ($300 Bonus) | KeyBank Checking ($300 bonus) |
Bank of America Checking ($300 Bonus Offer) | SoFi Checking & Savings Account ($325 bonus) |
How To Earn Bonus
- To qualify as a referrer in the Refer a Friend checking account program, you must be an existing Solvay Bank checking account customer that refers a new customer who opens a Direct Rewards or High Interest Checking account at Solvay Bank.
- Account must be opened with new money not currently on deposit at Solvay Bank and receive a direct deposit within 90 days of account opening.
- Referees must present this card at the time of account opening to qualify or enter the referrer’s name into the promo code field if opened online.
- Minimum deposit to open the account is $15.
- Current Solvay Bank checking account customers or those who have closed an account within the last 90 days do not qualify as a referee.
- New accounts are subject to bank account opening requirements.
- A qualifying direct deposit is an electronic deposit of salary, pensions or government benefits such as Social Security from an employer or the government.
- If the new account is closed within 6 months of the open date, the $100 cash bonus will be deducted from the closing balance.
- Cash credit is subject to 1099 reporting.
- Limit one new checking account per tax ID.
- Bank rules and regulations apply.
- Promotion may end without notice.
- By participating in this program, each party may be aware that the other is a Solvay Bank customer.
- Third party data/internet fees may apply.
- Offer may be withdrawn at any time without notice and cannot be combined with any other offer.
How To Waive Monthly Fees
- DIRECT REWARDS CHECKING: $5
- HIGH INTEREST CHECKING: Avoid the $5 monthly maintenance fee with one electronic direct deposit
- SIMPLY CHECKING: None
- BUSINESS TRADITIONAL CHECKING: $15
- BUSINESS ADVANTAGE CHECKING: $25 — waived if you maintain a $25,000 balance
- BUSINESS BASIC CHECKING: $5 — waived if you maintain a $2,500 balance
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Conclusion
For residents of Illinois you can earn a $100 checking bonus, when you refer someone to open a new Checking Account with Solvay Bank. This is a great way to earn some extra cash, because both the checking accounts are free!
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