Offer at a glance
Maximum bonus amount: $250
Availability: NY
Direct deposit required: Optional
Additional requirements: See below
Hard/soft pull: Unknown
ChexSystems: Unknown
Credit card funding: Unknown
Monthly fees: None
Early account termination fee: Six months, bonus forfeit
Household limit: None
Expiration date:December 31, 2024
The Offer
Walden Savings Bank is offering a bonus of $250 when you open a new checking account and complete the following requirements:
Use promo code Walden Way
Complete one of the following within the first 60 days:
Establish a monthly direct deposit of $500 or more
Perform debit card purchases totaling a minimum of $500 or
Set up and process automatic payments from their WSB loan
Be enrolled with online/ mobile banking
The Fine Print
To receive the $250 bonus, customer must open and maintain a new Walden Savings Bank Checking Account and complete one of the following within the first 60 days after account opening: 1. Establish a monthly direct deposit of $500 or more 2. Perform debit card purchases totaling a minimum of $500 or 3. Set up and process automatic payments from their WSB loan. Additionally, customers must be enrolled with online/ mobile banking.
One bonus per customer with no additional or previous checking accounts at Walden Savings Bank within the past 2 years.
Bonus will be deposited into your primary checking account within 30 days of requirements being met and is subject to IRS reporting.
Offer valid through December 31, 2024.
This offer is subject to change or terminate at any time.
Cannot be combined with any other offer.
Should the account be closed within six months by the customer or Walden Savings Bank, the $250 account bonus will be deducted from the closing amount.
All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
This account has no monthly fees to worry about.
Early Account Termination Fee
Bonus forfeit if closed within six months of account opening
Our Verdict
Always nice to see such a big bonus with no direct deposit required.
Hat tip to Bockrr
Useful posts regarding bank bonuses:
A Beginners Guide To Bank Account Bonuses
Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
PSA: Don’t Call The Bank
Introduction To ChexSystems
Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
What Banks & Credit Unions Do/Don’t Pull ChexSystems?
How To Use Our Direct Deposit Page For Bank Bonuses Page
Common Bank Bonus Misconceptions + Why You Should Give Them A Go
How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
Affiliate Links & Bank Bonuses – We Won’t Be Using Them
Complete List Of Ways To Close Bank Accounts At Each Bank
Banks That Allow/Don’t Allow Out Of State Checking Applications
Bank Bonus Posting Times