Available nationwide, Amalgamated Bank is offering a $250 bonus when you open a new online checking account and some requirements.
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About Amalgamated Bank Promotions
Established in 1923 in New York, Amalgamated Bank has a small footprint with just a little over 10 physical branches but they do offer nationwide availability with their online Checking and Savings accounts. Rates can often be much better than other traditional banks.
Some of the benefits you’ll enjoy while banking with Amalgamated Bank include 24/7 online and mobile banking, access to over 40,000 ATMs nationwide, and much more!
I’ll review the offers below.
Amalgamated Bank $250 Checking Bonus
- What you’ll get: $250 bonus
- Account Type: Online Checking
- Availability: Nationwide (Bank Locator)
- Direct Deposit Requirement: Yes, $500+ for 2 consecutive months
- Credit Inquiry: Soft Pull
- ChexSystems: Unknown
- Credit Card Funding: $500 Visa or Mastercard only. Open Savings account later for additional $500 credit card funding.
- Monthly Fees: None
- Early Account Termination Fee: None
- Household Limit: None
|You can compare this to several great entry level Checking accounts with bonus offers include the BMO Harris Smart Money™ Account ($200 bonus), U.S. Bank SmartlyTM Checking ($400 bonus), Chase Total Checking® ($200 bonus), SoFi Checking and Savings ($275 bonus), and Citi Priority Account (Up to $2000 Cash Bonus).|
How To Earn Bonus
- Open a new Online Checking account between December 6, 2022 and January 31, 2023
- Fund your new Online Checking account with external funds
- Enroll in Amalgamated Online Banking
- Make direct deposits of at least $500 for two consecutive months by April 30, 2023
- Cash incentives will be paid on or before June 30, 2023, once all account requirements have been met
- This account can only be opened online. It cannot be opened at an Amalgamated Bank branch.
- The value of the bonus may have to be reported to the IRS. Consult with your tax advisor for tax advice.
- Online checking account is considered open and eligible for promotion upon bank approval and receipt of account funding by February 15, 2023.
- Direct deposit include ACH credits of payroll, pensions or government payments payable to you. Note: that a direct deposit of less than $500 will not qualify you for the $250 bonus. All three requirements must be met by 03/31/2023. Offer is limited to one per customer and is only valid for accounts in good standing.
How To Waive Monthly Fees
- Online Checking: None
Amalgamated Bank offers great promotions for you to earn money over time. This is a nice bonus and should be very popular. There hasn’t been a bonus offer from Amalgamated since 2016.
*Check back at this page for updated Amalgamated Bank promotions, bonuses and offers.