Find an updated list of Five Star Bank promotions, bonuses, and offers here.
Currently, they have bonuses ranging from $100 to $300 when you open a new account and meet all the requirements.
Table of Contents
About Five Star Bank Promotions
Five Star Bank is an American commercial bank. It was founded in the 1850s in Warsaw, New York as Wyoming County Bank by Wolcott J. Humphrey. If you are not located near a branch, you can see all nationwide bank bonuses for more suitable offers.
- Availability: NY (Bank Locator)
- Credit Inquiry: Soft Pull
- ChexSystem: Unknown
- Credit Card Funding: None, in branch. Possibly up to $4,000 online
While they have generous bonuses, Five Star Bank doesn’t have great rates for CDs and Savings. You may want to check out our full list of Bank Rates and CD Rates.
Compare Five Star Bank Promotions to other bank bonuses from HSBC, Chase, Huntington, TD, Citibank, Bank of America, BBVA, Wells Fargo, and more.
I’ll review the offers below.
Five Star Bank $300/$100 Checking Bonus

Earn a $300/$100 bonus at Five Star Bank!
Five Star Bank is offering a $300/$100 bonus when you open a new qualifying checking account.
- What you’ll get: $100 or $300 bonus
- Account Type: Premier Checking, Plus Checking, Traditional Checking, or Progress Checking
- Availability: NY
(Expires 12/31/2021)
You can compare this to several great entry level Checking accounts with bonus offers include the Citi Priority Account (Up to $1500 Cash Bonus), Chase Total Checking® ($200 bonus), Discover Cash Back Debit (up to $360 Bonus), U.S. Bank Checking ($300 bonus), Chase Secure Banking ($100 Bonus), and Aspiration Spend & Save Account ($150 bonus). |
How To Earn $300/$100 Bonus
- To receive the $300.00 Premier Checking account (NOW account) bonus, you must open a Premier Checking online or in branch by 12/31/2021.
- To receive the $100.00 checking account bonus, you must open a Plus Checking, Traditional Checking, or Progress Checking account online or in branch by 12/31/2021.
- In addition, to receive either the $300.00 or $100.00 bonus, you must establish a direct deposit into your account within 60 days from the last day of month the account was opened.
- The bonus will be deposited into this checking or NOW account within 90 days from the last day of the month the account was opened.
- A $10.00 minimum deposit is required to open a Progress Checking account and a $25.00 minimum deposit is required to open all other Five Star Bank consumer checking or NOW accounts.
- To receive the $300.00 Premier Checking account (NOW account) bonus, you must open a Premier Checking online or in branch by 12/31/2021.
- To receive the $100.00 checking account bonus, you must open a Plus Checking, Traditional Checking, or Progress Checking account online or in branch by 12/31/2021.
- In addition, to receive either the $300.00 or $100.00 bonus, you must 1) enroll in e-statements within 60 days from the last day of month the account was opened, and 2) establish a direct deposit into your account within 60 days from the last day of month the account was opened.
- The bonus will be deposited into this checking or NOW account within 90 days from the last day of the month the account was opened.
- A $10.00 minimum deposit is required to open a Progress Checking account and a $25.00 minimum deposit is required to open all other Five Star Bank consumer checking or NOW accounts.
- Offers not available to existing Five Star Bank consumer checking or NOW account holders, or those who have closed a Five Star Bank consumer checking or NOW account within 12 months or have an outstanding negative balance on a previously closed Five Star Bank consumer checking or NOW account.
- Business and municipal customers are not eligible.
- Bonus is limited to one account per customer regardless of the titling on the account.
- Restrictions and additional fees may apply.
- Offers subject to cancellation without notice and cannot be combined with any other offer.
- The Premier Checking account is a variable rate account.
- The rate may change after the account is opened.
- The annual percentage yield (APY) on the Premier Checking account for $0.01 – $9,999.99 is 0.05%, $10,000.00 – $24,999.99 is 0.05%, $25,000.00 – $49,999.99 is 0.07% and $50,000.00 or more is 0.07%.
- These APYs are accurate as of 9/22/2021.
- Fees may reduce the earnings on the account.
How To Waive Monthly Fees
- Progress Checking: None
- Club Savings: None
- TotalValue Business Checking: None
- Premier Checking: $25 monthly fee. Maintain any of the following to avoid the monthly account fee:
- A combined total consumer deposit accounts and/or loan balances of $25,000 or more at the end of the activity period
- Direct deposits totaling at least $5,000 into the account during the activity period
- Plus Checking: $12 monthly fee. Maintain any of the following to avoid the monthly account fee:
- At least a $2,000 average ledger balance for the activity period
- Direct deposits totaling at least $1,000 into the account during the activity period
- Traditional Checking: $3 per periodic cycle fee. Waiver for customers 62 years of age and older
- Premier Money Market: $12 monthly fee. Maintain a $10,000 minimum average daily balance to avoid the monthly account fee
- Money Market: $10 monthly fee. Maintain a $2,500 minimum average daily balance to avoid the monthly account fee
- Statement Savings: $5 monthly fee. Maintain a $300 minimum average daily balance to avoid the monthly account fee
- Account has no Monthly Maintenance Fee or minimum balance if primary person on the account is less than 18 years old.
- TotalValue Business Checking: $12 monthly fee. Maintain a $5,000 minimum average daily balance to avoid the monthly account fee
- Commercial Analyzed: $15 monthly fee.
- Now Business: $12 monthly fee.
- Non-Profit Checking: $6 monthly fee. Maintain a $600 minimum average daily balance to avoid the monthly account fee
- IOLA: $15 monthly fee.
Bottom Line
Five Star Bank offers great promotions for you to earn money over time. They also offer online and digital banking, so you’ll be able to access your money anywhere at any time! You can have peace of mind knowing your money is insured by the FDIC.
Your feedback is important to us and makes our site even better!
*Check back at this page for more Five Star Bank promotions, bonuses, and offers.

Five Star’s promotion is not clear. How much direct deposit is needed? It just say establish DD within 60 day. Bonus will be paid in 90day after the DD. How long do you have to do the DD? For as long as the account is open?