Find the most up to date Trustco Bank bonuses, promotions and offers here.
Currently, Trustco Bank is offering an attractive $200, $300 bonuses when you meet all of the requirements.
Trustco Bank Bonuses Review
Trustco Bank was founded in 1902 and has a longstanding history. Since then, they have experienced a large expansion, opening 148 branches in Central Florida, Massachusetts, downstate New York, New Jersey, and Vermont. The Bank believes in old school, personal service and welcomes each customer by name as they enter the branch.
I’ll go over all Trustco Bank offers below.
Trustco Bank $200 Checking Bonus
Trustco Bank now has a $200 checking bonus offer when you open new qualifying accounts.
- What you’ll get: $200 Bonus
- Eligible account: Checking and Savings
- Availability: FL, MA, NJ, NY, VT (Branch Locator)
- Credit Inquiry: Soft Pull
- Direct Deposit Required: Yes
- Monthly Fee: None
- How to earn it:
- Open a new Home Town Premier or Free Checking Account with direct deposit and receive $150.
- Open a Home Town Investment Checking Account with $20,000 in new money and maintain a $20,000 balance for 60 days and receive $150.
- Open a Home Town Savings Account with $10,000 in new money and maintain a $10,000 minimum balance for 90 days and receive $150.
(Expires 04/30/2024)
Chase Private Client ($3,000 Bonus) | U.S. Bank Smartly® Checking ($400 Cash Bonus) |
KeyBank Checking ($200 bonus) | Fifth Third Preferred Checking ($325 Bonus) |
Fine Print
- Promotional offer is valid from 3/1/2024 until 4/30/2024.
- Only one offer of each per eligible customer and household per 12-month period.
- Account opening and other transactional requirements must be met.
- All bonuses will be paid within 60 calendar days of verification that the requirements have been satisfied for each offer.
- 1. To receive the $150 bonus, you must open a new Home Town Premier Checking or Home Town Free Checking, with Direct Deposit. Direct Deposit must be the entire amount from a recurring Payroll, Social Security, and/or Pension (minimum of $500 monthly Direct Deposit). Direct Deposit must be completed within 45 calendar days from the date that the account was opened.
- Minimum of $50 to open a Checking Account. Home Town Premier Checking: $5 Monthly Service Charge.
- Monthly service charge is waived if there is a reoccurring direct deposit as described above or a monthly average collected balance of $500.
- Minimum daily collected balance of $500 to earn an Annual Percentage Yield (APY).
- The rate may change after the account is opened.
- Fees may reduce earnings. Home Town Free Checking: Does not earn interest.
- 2 – To receive the $150 bonus, you must open a new Home Town Investment Checking Account with a minimum of $20,000 in new money and maintain a minimum balance of $20,000 for 60 days.
- Home Town Investment Checking: $25 monthly service charge.
- Monthly service charge is waived if there is a reoccurring direct deposit as described above or a monthly average collected balance of $20,000.
- Minimum daily collected balance of $20,000.00 to earn an Annual Percentage Yield (APY).
- The rate may change after the account is opened. Fees may reduce earnings. 3 – Home Town Savings Account: Club Accounts excluded in this promotion.
- To receive the $150 bonus, you must open a new Savings Account with a minimum of $10,000 in new money and maintain a minimum balance of $10,000 for 90 days.
- A minimum deposit of $50.00 is required to open a Home Town Savings account. $5.00 monthly service charge.
- Daily available balance of $200 to waive monthly service charge.
- Minimum daily available balance of $200 to earn an Annual Percentage Yield (APY).
- The rate may change after the account is opened. Monthly Service Charges or fees may reduce earnings.
- See the branch manager for current rates and terms.
Trustco Bank $200 Business Checking Bonus
Trustco Bank now has a $200 business checking bonus offer when you open new qualifying accounts.
- What you’ll get: $200 Bonus
- Eligible account: Business Checking
- Availability: FL, MA, NJ, NY, VT (Branch Locator)
- Credit Inquiry: Soft Pull
- Direct Deposit Required: No
- Monthly Fee: $5; waivable
- How to earn it:
- Open a Home Town Business Checking Account with $1,000 in new money and maintain a $1,000 minimum average balance for 3 statement cycles and receive $150, if average balance is over $5,000 then you receive $200.
(Expires 04/30/2024)
Chase Business Checking ($400 Bonus) | U.S. Bank Business Checking ($350 or $800 Bonus) |
Axos Bank Basic Business Checking ($400 Bonus) | Axos Bank Business Interest Checking ($400 Bonus) |
Huntington Unlimited Plus Business Checking ($1,000 Bonus) | Huntington Unlimited Business Checking ($400 Bonus) |
Huntington Business Checking 100 ($200 Bonus) | Bank of America Business Checking ($200 bonus offer) |
Fine Print
- Promotional offer is valid from 3/1/2024 until 4/30/2024.
- Only one offer of each per eligible customer and household per 12-month period.
- Account opening and other transactional requirements must be met.
- All bonuses will be paid within 60 calendar days of verification that the requirements have been satisfied for each offer.
- Minimum to open a new Home Town Business Checking Account is $50. $5 monthly service charge.
- To waive $5.00 monthly service charge, either: a $500 monthly average balance is required or set-up a qualifying Direct Deposit of your Merchant Services.
- The $150 or $200 will be deposited to your account within 60-days of completing requirements.
- 5 – Contact the Wealth Management Department to schedule your free consultation at 1-800-846-1657.
- Investment Products – Not FDIC Insured. Not a deposit. Not insured by any Federal Government Agency.
- Not guaranteed by the bank. May go down in value. 6 – Stewarts Gift Card offer valid at select Trustco Bank locations only.
- The Stewarts gift cards will be mailed within 60-days of completing requirements for any of the above deposit account promotions.
- Offer subject to change without notice.
- Employees are not eligible to participate in this promotion. All bonuses will be reported to the internal revenue service.
- Please Note: We reserve the right to alter or withdraw these products or certain features thereof without prior notification.
How To Waive Monthly Fees
- Home Town Premier Checking: $5 monthly fee, waived with Direct deposit of Payroll, Social Security or Retirement income OR a $500.00 monthly average collected balance.
- Home Town Free Checking: None
- Home Town Student Checking: None
- Home Town Business Checking: $5 monthly fee, waived if there is a reoccurring direct deposit of your merchant services OR a monthly average collected balance of $500.00.
Conclusion
With Trustco Bank, their bonus offers are pretty good since it has a soft pull which won’t harm your credit score. There does not look to be much information on the business checking account, so you may want to contact CSR to verify the requirements. If this bonus promotion seems appealing to you, I recommend signing up before this offer expires.
Feel free to comment on this post with any questions you may have about Trustco Bank, their accounts they offer, or coupon codes.
Trustco Bank rates are decent, but you should check out 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.
Check back often for more Trustco Bank Bonuses, Promotions, or Offers!