[FL, MA, NJ, NY, VT] Trustco Bank $250 + Stanley Cup Checking Bonus

Offer at a glance

  • Maximum bonus amount: $250
  • Availability: FL, MA, NJ, NY, VT
  • Direct deposit required: Yes, $500+
  • Additional requirements: None
  • Hard/soft pull: Soft
  • Chexsystems: Yes
  • Credit card funding: Yes, unknown maximum
  • Monthly fees: None
  • Early account termination fee: $26 if closed within three months + you forfeit bonus
  • Household limit: One
  • Expiration date: April 30, 2025

The Offer

Direct link to offer

  • Trustco Bank is offering $250 + a stanley cup checking bonus when you open a Home Town Free Checking account and complete the following requirements:
    • Receive $500+ in direct deposits (must be the entire amount from a recurring Payroll, Social Security, and/or Pension)

The Fine Print

  • Promotional offer is valid from 4/4/2025 – 4/30/2025.
  • Only one offer of each per eligible customer and household per 12-month period.
  • Account opening and other transactional requirements must be met.
  • All bonuses will be paid within 60 calendar days of verification that the requirements have been satisfied for each offer.
  • 1. To receive the Stanley™ Mug (approximate retail value of $50) and $250 bonus, you must open a new Home Town Free Checking with Direct Deposit. Direct Deposit must be the entire amount from a recurring Payroll, Social Security, and/or Pension (minimum of $500 monthly Direct Deposit).
  • Direct Deposit must be completed within 60 calendar days from the date that the account was opened.
  • Minimum of $50 to open a Checking Account. Home Town Free Checking: Does not earn interest. 2 – Initial debit card supplied at no cost. A fee may apply for replacement cards. 3 – Standard messaging and data rates may apply and vary by carrier. Offer subject to change without notice. Employees are not eligible to participate in this promotion.
  • All bonuses will be reported to the internal revenue service.
  • Please Note: We reserve the right to alter or withdraw these products or certain features thereof without prior notification. Stanley™ is a registered trademark and not affiliated with this promotion.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

They offer a free checking account with no monthly fees to worry about. The savings account has no monthly fees to worry about as long as you have a balance of $200+

Early Account Termination Fee

If the account is closed within three months you have to pay a $26 fee, you also forfeit the bonus.

Our Verdict

Previous bonus was only $250 and had to be opened in branch. This is a better bonus but no savings bonus component. It’s a shame that the stanley mug looks branded so can’t sell that off.

Hat tip to reader Bockrr

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    William Charles
  • On April 20, 2025, 12:00
Tags: direct deposit requiredfl bank bonusesma bank bonusesnj bank bonusesny bank bonusessoft pullvt bank bonuses

View Comments (73)

  • I think you need to remove the freeze, not just temporarily lift it. I lifted and tried a few times, and when I removed it got this message. Rep said they can only override this in branch:

    You have reached maximum number of allowed application submissions within a 30 day period.

  • I thought the offer was pretty good, so I hopped on it and was approved. Some small things that is annoying about this bank:

    • I was initially locked out of my account bc when I entered the SMS confirmation code, it has issues if I copy and paste it (from my mac, from phone it seems to be fine).
    • You cannot initiate a transfer online from Trustco (it surprisingly doesn't have this basic feature). You can still go in branch, initiate from an external account, or use Zelle.

    Still gonna do it because it is a good offer, but thought others should know.

    • That is a good question. My understanding is that it is every month. Could anyone confirm?

      • I called them and was told at least one initial DD and one more DD after that. So at least two - but potentially more, depending on how long it takes to recognize.

  • I did the last bonus and used TrD for the DDs and the bonus posted automatically. I recently picked up the Ring Doorbell Camera from the branch that I opened the account at. 😀

    • Eric, can you share the details of TrD and DP for Trustco
      Did You made 500 bills for each month ?
      How did you receive the door bell. Is it been delivered?

        • Thanks @guest_2047224. How long it took for bonus posted after first DD. 60 calendar days in their terms counted after our second DD?

          • I just checked for you. The bonus posted exactly 1 day after the 3rd DD hit my account. That may or may not have been a coincidence.

    • @guest_2047224 Any idea as to why I unfroze Transunion and keep getting an error saying I need to unfreeze it when I apply for this bonus?

      • Yes, I do. I remember reading a DP in some other post that unfreezing a credit report doesn't always happen instantly. I would wait a few days and then try again to apply.

        BTW, I'm surprised that you freeze your credit reports as I recall you telling me that you never freeze your Chex report. I am the opposite. 😉

        • @guest_2047224 I appreciate your time and help. Thank you for the information. I started freezing my credit after P2 passed away. I didn't think Chex was an issue.

      • Receiving that was part of the offer that I signed up for last year. That offer is no longer available.

    • I funded $50 but as @guest_2047046 mentioned it coded as a cash advance - $5 Fee :| . This was Spark Business Card. @guest_2047209

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