Check out Ridgewood Savings Bank promotions, bonuses and offers!
Update 10/2/24: We’ve added a $200 Social Security Direct Deposit Bonus Offer available for a limited time. You can earn up to $300 Bonus when you open a new checking account and qualify.
About Ridgewood Savings Bank Promotions
Founded in 1921, Ridgewood Savings Bank have been proudly serving their local communities. With 35 locations throughout the state of New York, they boast a health rating of A.
Ridgewood Savings Bank $300 Checking Bonus
- What you’ll get: $300 bonus
- Account Type: Checking
- Availability: NY (Bank Locator)
- Credit Inquiry: Soft Pull
- Direct Deposit Requirement: Yes, $300+ (see what works)
- ChexSystems: Yes. Better to go into branch and apply.
- Credit Card Funding: None
- Monthly Fee: $0
- Early Termination Fee: None
- Household Limit: 1
(Expires December 16, 2024)
| BMO Smart Money Checking ($250 cash bonus + $100 digital gift card) | BMO Smart Advantage Checking ($250 bonus + $100 digital gift card) |
| Bank of America ($300 bonus offer) | Chase Total Checking® ($300 bonus) |
| Fifth Third Bank Momentum® Checking ($400 bonus) | SoFi Checking and Savings ($325 bonus) |
| KeyBank Key Smart Checking ($300 bonus) | Truist Checking ($400 bonus) |
How To Earn Bonus
HOW TO EARN BONUSFINE PRINT
- Earn a $300 bonus when you open a new checking account and complete the following requirements:
- Receive $300+ in qualifying and recurring direct deposits
- Bonus Offer is available from September 9, 2024, through December 16, 2024 (“Promotion Period”) for consumers who (a) do not currently hold a Ridgewood checking account either personally or as joint owner, (b) did not have a Ridgewood checking account either personally or as joint owner in the three-month period prior to opening the required account under this offer, and (c) open a new personal checking account during the Promotion Period that satisfies the applicable offer criteria set forth below (an “eligible customer”).
- Customer(s) must be an eligible customer and meet all existing checking account qualification requirements to qualify for this offer and must maintain a checking account in accordance with the Bank’s account terms, conditions and Disclosure of Service Charges.
- Minimum of $300 or more in qualifying and recurring direct deposits to be eligible for the bonus.
- The $300 bonus earned in accordance with the requirements of this offer will be credited to the new checking account within 180 days from account opening.
- The first direct deposit must be made within 90 days and the last qualifying direct deposit must be received within 150 days of new checking account opening date.
- Each eligible customer may only receive one bonus award. This offer cannot be combined with any other offer. Qualifying direct deposits are recurring electronic deposits of your paycheck, pension or government benefits (such as Social Security). Person-to-person and bank transfers between your Ridgewood Savings Bank accounts or accounts you have at other financial institutions or brokerages do not qualify.
- Payments received for goods sold do not qualify.
- The value of the bonuses paid under this promotion is considered interest, and Ridgewood Savings Bank will issue an IRS Form 1099-INT or other appropriate form.
- Offer may be withdrawn or modified at any time without notice.
- Ridgewood Savings Bank employees and immediate family members are not eligible to participate in this offer
Ridgewood Savings Bank $200 Social Security Direct Deposit Checking Bonus
- What you’ll get: $200 bonus
- Account Type: Checking
- Availability: NY (Bank Locator)
- Credit Inquiry: Soft Pull
- Direct Deposit Requirement: Yes
- ChexSystems: Yes. Better to go into branch and apply.
- Credit Card Funding: None
- Monthly Fee: $0
- Early Termination Fee: None
- Household Limit: 1
(Limited time offer)
| BMO Relationship Checking ($500 Bonus + $100 digital gift card) | KeyBank Checking ($300 bonus) |
| Chase Private Client ($3,000 Bonus) | Fifth Third Bank Preferred Checking ($400 bonus) |
| HSBC Premier Checking (Up to $2,500 Cash Bonus), | |
How To Earn Bonus
HOW TO EARN BONUSFINE PRINT
- Here’s how to take advantage of this special $200 offer:
- If you’re already collecting your social security benefits, you’ve taken the first step. If not, it’s easy. Simply sign up to begin receiving your social security benefits at ssa.gov/myaccount.
- Next… set up or change your social security benefits to be deposited into your Ridgewood Savings Bank checking account by visiting ssa.gov/myaccount.
- And finally, once we receive your second social security direct deposit, we’ll automatically credit $200 to your Ridgewood checking account. It’s that simple.
- The bonus offer is available for consumers who do not currently have a direct deposit into a Ridgewood account.
- A $200 bonus is available to eligible customers who establish a qualifying direct deposit of funds made to their Ridgewood checking account.
- Qualifying direct deposits are recurring electronic deposits of your Social Security government benefits only.
- Direct deposit of paycheck, pension, Person-to-Person and bank transfers between your Ridgewood Savings Bank accounts or accounts you have at other financial institutions or brokerages do not qualify.
- Payments received for goods sold do not qualify.
- The value of the bonus paid under this promotion is considered interest and Ridgewood Savings Bank will issue an IRS Form 1099-INT, or other appropriate form.
- Offer may be withdrawn or modified at any time without notice.
- The applicable bonus amount earned in accordance with the requirements described will be credited to the Ridgewood checking account upon receipt of the second Social Security benefits direct deposit installment.
- You should determine whether it is advisable to apply for social security benefits at this time.
- The timing of when these transactions will be credited is based on when the payer submits the information to us.
- The transaction must include “SSA” or “Social Security” in their ACH memo.
- The Early Pay feature is subject to terms and conditions and may be discontinued at any time.
- This offer cannot be combined with any other offer.
- Ridgewood Savings Bank employees and immediate family members are not eligible to participate in this offer.?
- This promotion is only available to those customers that have received the promotional offer materials from Ridgewood Savings Bank.
How To Avoid Monthly Fees
- Ridgewood Good
- $3 Monthly Fee
- Can Waive If You Either:
- You have at least $300 in monthly direct deposit transactions
- You enroll in and maintain eStatements
- Your combined Ridgewood deposits total at least $2,500 at the end of your statement cycle
- You are 65 or over
- Checking With Interest
- $10 Monthly Fee
- Can Waive If:
- Your combined Ridgewood deposits total at least $5,000 at the end of your statement cycle
- Premier Checking
- $15 Monthly Fee
- Can Waive If:
- You have an average daily balance of at least $5,000
- Your combined Ridgewood deposits total at least $25,000 at the end of your statement cycle
- Student Advantage Checking
- No Monthly Fee (For Qualifying Students)
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Bottom Line
Ridewood Savings Bank current $300 bonus is an amazing promotion!
Though this $300 bonus is fantastic and the Savings/CD rates from Ridgewood Savings Bank aren’t too bad considering they’re a traditional banking institution. You should still compare to our full list of Bank Rates and CD Rates to guarantee the best rates for you!
If you are not a resident with a Ridgewood Savings Bank, but still want to earn bonuses, take advantage of our bank bonuses page!
We value your feedback and hope you will comment below! We will continue to update and keep you guys posted on all the latest bank deals nationwide, to help you guys save big!
*Check back at this page for updated Ridgewood Savings Bank promotions, bonuses and offers.
Same here. When I called they said I should be approved if I apply in-branch.
This bank will reject you if you have too many bank inquries on your account. My application was accepted and than turned down later on.
No credit card funding, afaik.
Soft pull, if any.
Is this churnable? I got a bonus from them in 2015.