Learn more about Columbia Bank promotions, bonuses, and offers here!
Update 4/7/24: You can now get a $400 checking bonus plus earn an addtional $400 bonus with $25K deposit. The $300 IRA rollover bonus is now available.
About Columbia Bank Promotions
Columbia Bank is a New Jersey-based bank that serves a wide range of customers, including consumers, entrepreneurs, corporations, developers, and local government entities. The bank offers personal and business banking products and services, as well as wealth management services and guidance.
I’ll review the offers below.
Columbia Bank $800 Checking Bonus
- What you’ll get: $800 bonus
- Account Type: Cash Back, Forward, Ideal or Senior Checking account
- Availability: NJ, NY (Bank Locator)
- Direct Deposit Requirement: No
- Credit Inquiry: Soft Pull
- ChexSystems: Unknown
- Credit Card Funding: Up to $1,000
- Monthly Fees: None
- Early Account Termination Fee: Account must be open at time of bonus posting
- Household Limit: None
(Limited time offer)
| BMO Smart Money Checking ($400 cash bonus*) | KeyBank Checking ($300 bonus) |
| Chase Private Client ($3,000 Bonus) | |
How To Earn Bonus
HOW TO EARN BONUSFINE PRINT
- To qualify for the bonus, open a new Cash Back, Forward, Ideal or Senior Checking account
- Earn $100 when you have 10 qualifying point of sale (POS) debit card transactions within 60 days of account opening
- Earn $300 when you have direct deposits totaling at least $1,000 posted within 60 days of account opening
- Earn An Additional $400 when you retain a balance of $25,000 or more for at least 120 days after account opening. See full disclosure to learn more about bonuses available for lower retained balances
- $300 New Account Cash Bonus. In order to be eligible to obtain the cash bonuses, you must open one of these new accounts, either a Cash Back Checking Account, Forward Checking Account, Ideal Checking Account, or Senior Checking Account opened on or after February 15, 2024.
- You will receive a one-time new account $300 cash credit to your Checking Account after we have verified ACH credits totaling at least $1,000 posted to your Checking Account within 60 days after the date you opened the new account. Please note that internal transfers are not considered an ACH transaction.
- The $300 will be credited to your account within 60 days after we have determined that you satisfied this requirement. Only one new account $300 credit will be made in total for ACH credit activity to this account within the first 60 days of account opening.
- You will receive a one-time new account $100 cash credit to your Checking account after we have verified that 10 qualifying POS debit card transactions (not including ATM withdrawals) have been made with your Columbia Bank Debit Card and those transactions post and settle to your Checking Account within 60 days of the new account opening.
- The $100 credit will be credited to your account within 60 days after we have determined that you have satisfied this requirement. Only one new account $100 credit will be made in total for the qualifying Cash Back debit card activity.
- A “qualifying POS debit card transaction” is any Columbia Bank Debit Card transaction that requires either a signature or PIN at the point-of-sale. Please note that ATM withdrawals and online bill payments are not considered qualifying POS debit card transactions.
- Total $400 per person: If you have ever received a new account opening bonus of any type in connection with opening a checking or savings account, you are not eligible for either of the cash bonuses even if you open a new Checking Account. You are permitted to receive only one of each of these new account bonuses irrespective of the number or type of checking accounts you open.
- To receive any of the aforementioned new account bonuses, the account must still be open at the time we are ready to credit the funds. The new account cash bonuses will be reported as interest to the IRS on form 1099-INT.
Columbia Bank $300 IRA Bonus
Columbia Bank is offering a $300 bonus when you roll over your existing IRA.
- What you’ll get: $300 bonus
- Account Type: IRA
- Availability: NJ, NY (Bank Locator)
- Direct Deposit Requirement: No
- Credit Inquiry: Soft Pull
- ChexSystems: Unknown, let us know
- Credit Card Funding: Up to $1,000
- Monthly Fees: None
- Early Account Termination Fee: Bonus revoked if closed within 6 months.
- Household Limit: None
(Limited time offer)
| J.P. Morgan Self-Directed Investing (Up to $700 Cash) | TradeStation ($150 Cash) |
| M1 High-Yield Cash Account (4.00% APY) | E*TRADE (Up to $6,000 Cash) |
| WeBull (Free Stocks) | |
How To Earn Bonus
HOW TO EARN BONUSFINE PRINT
- Earn a $300 bonus. Give your IRA a boost when you roll over your existing IRA.
- Rollover a minimum of $50,000 from a ROTH or Traditional IRA. The rollover must be new money, deposits not previously held by Columbia Bank.
- The bonus paid will be credited to your account within 10 days after rollover account opening.
- To receive the cash bonus of $300, the minimum to open is $50,000.00.
- The minimum balance to open this IRA and obtain the APY is $500.
- The bonus paid will be credited to your account within 10 days after rollover account opening.
- The IRA must remain open for at least six consecutive months to receive the cash bonus.
- If closed before the six month period, the entire cash bonus amount will be withdrawn from the proceeds.
- The bonus paid may be taxable income if withdrawn, consult your tax advisor.
- Penalty may apply for early withdrawal.
- Please consult a tax advisor regarding tax savings and IRA rollover eligibility rules.
- Other certificate terms available.
- This offer may be withdrawn or modified at any time.
- Fees may reduce earnings.
- Offers subject to change without notice.
- Limit one per customer.
Columbia Bank $300 Checking Bonus *Expired*
Columbia Bank is offering a $300 bonus when you open a new qualifying checking account
- What you’ll get: $300 bonus
- Account Type: Cash Back Checking
- Availability: NJ, NY (Bank Locator)
- Direct Deposit Requirement: Yes
- Credit Inquiry: Soft Pull
- ChexSystems: Unknown, let us know
- Credit Card Funding: Up to $1,000
- Monthly Fees: $9, waivable
- Early Account Termination Fee: Account must be open at time of bonus posting
- Household Limit: None
(Limited time offer)
| BMO Smart Money Checking ($400 cash bonus*) | BMO Smart Advantage Checking ($400 cash bonus*) |
| Bank of America ($300 bonus offer) | Chase Total Checking® ($300 bonus) |
| KeyBank Key Smart Checking ($300 bonus) | SoFi Checking and Savings ($325 bonus) |
How To Earn Bonus
HOW TO EARN BONUSFINE PRINT
- Open a new Cash Back Checking Account.
- You will receive a one-time new account $200 cash credit to your Cash Back Checking Account after we have verified ACH credits totaling at least $1,000 posted to your Cash Back Checking Account within 60 days after the date you opened the new account.
- The $200 will be credited to your account within 60 days after we have determined that you satisfied this requirement.
- You will receive a one-time new account $100 cash credit to your Cash Back Checking account after we have verified that 10 qualifying POS debit card transactions (not including ATM withdrawals) have been made with your Columbia Bank Debit Card and those transactions post and settle to your Cash Back Checking Account within 60 days of the new account opening.
- The $100 credit will be credited to your account within 60 days after we have determined that you have satisfied this requirement.
- Cash Back Checking Account $300 New Account Cash Bonus In order to be eligible to obtain the cash bonuses, you must open a New Cash Back Checking Account.
- You will receive a one-time new account $200 cash credit to your Cash Back Checking Account after we have verified ACH credits totaling at least $1,000 posted to your Cash Back Checking Account within 60 days after the date you opened the new account.
- Please note that internal transfers are not considered an ACH transaction.
- The $200 will be credited to your account within 60 days after we have determined that you satisfied this requirement.
- Only one new account $200 credit will be made in total for ACH credit activity to this account within the first 60 days of account opening.
- You will receive a one-time new account $100 cash credit to your Cash Back Checking account after we have verified that 10 qualifying POS debit card transactions (not including ATM withdrawals) have been made with your Columbia Bank Debit Card and those transactions post and settle to your Cash Back Checking Account within 60 days of the new account opening.
- The $100 credit will be credited to your account within 60 days after we have determined that you have satisfied this requirement.
- Only one new account $100 credit will be made in total for the qualifying Cash Back debit card activity.
- A “qualifying POS debit card transaction” is any Columbia Bank Debit Card transaction that requires either a signature or PIN at the point-of-sale.
- Please note that ATM withdrawals and online bill payments are not considered qualifying POS debit card transactions.
- Total $300 per person: If you have ever received a new account opening bonus in the past, you are not eligible for either of the cash bonuses even if you open a new Cash Back Checking Account.
- You are permitted to receive only one of each of these new account bonuses irrespective of the number or type of checking accounts you open.
- To receive any of the aforementioned new account bonuses, the account must still be open at the time we are ready to credit the funds and at all times the account was in good standing.
- The new account cash bonuses will be reported as interest to the IRS on form 1099-INT.
How To Waive Monthly Fees
- Yield Plus Checking: $20 monthly fee, waivable with a daily minimum balance of $1,000 maintained each day of the statement cycle.
- Advantage Plus Checking: $9 monthly fee, waived with 10 POS debit card transactions or $500 daily balance.
- Totally Free Checking: None
- Forward Checking: None
- Business Analysis Checking: $15 monthly fee, can be waived by compensating balances
- Everyday Business Checking: None
- Columbia Cares For Non-Profits: None
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Bottom Line
If you live in New Jersey, hurry and snag this awesome bonus from Columbia Bank. The offer is great if you are looking to earn extra cash in addition to a high-rate checking account. However, I can only recommend this promotion if it triggers a safe pull and since there is not a lot of information I recommend you check with your local CSR.
Feel free to comment below and let us know about any additional information we may have missed and whether or not this event triggers a soft pull. We value your feedback and will continue to keep you posted on the latest bank offers nationwide.
While Columbia Bank does have competitive CD and Savings rates for a traditional bank, it is still hard to beat online banks. Therefore you may want to check out our full list of Bank Rates and CD Rates.
Compare Columbia Bank Promotions with other bank bonuses from banks like Citi, Huntington, HSBC, Chase, TD, Discover Bank, Aspiration, Axos Bank, PNC Bank, BMO Harris, SoFi, Fifth Third Bank, Bank of America, Wells Fargo, US Bank, and more!
*Check back at this page for updated Columbia Bank promotions, bonuses, and offers.
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Hi
Please note that this is only for NJ residents not NY
Please correct as i have called and verified
Thx
I don’t see the $300 offer on the Columbia Bank site. Also, I noticed that the PDF has a date of 1/29/2019 listed within it. Is the $300 offer still available or is it only for streaming services?
yes. it is not once in a lifetime bonus. you can repeat.
it worked for me
I did a smaller version of this bonus last summer. Anyone successful in doing a rinse and repeat?
It does a soft credit pull in my experience
you need to the direct deposit AND the bill pay to earn the $100 reward. it is 2 separate $50 rewards for each action. just wanted to make that explicit.