[NY, Greenpoint Branch] Apple Bank $300 Checking Bonus

Extended to 12/31/2024

Offer at a glance

• Maximum bonus amount: $300
• Availability: NY, Greenpoint Branch
• Direct deposit required:  Yes, $500+ per month for two months
• Additional requirements: See below
• Hard/soft pull: Soft pull
• ChexSystems: Unknown
• Credit card funding: No 
• Monthly fees: None on Totally Free ExtraValue account
• Early account termination fee: Unknown 
• Expiration date: None listed
• Household limit: None, but one per person

The Offer

Direct link to offer

• Apple Bank is offering a $300 bonus when you open a new checking account at the Greenpoint Branch and complete the following requirements:
  • receive Qualifying Electronic Credit Transactions totaling at least $500 each month for two consecutive months

The Fine Print

• The Greenpoint Choice Checking $300 Promotional Offer is valid from August 1-October 31, 2024. This promotional offer is only available to customers that do not have a consumer checking account at Apple Bank as of August 1, 2024.
• Customer must open a Choice Checking account at the Apple Bank Greenpoint branch during the stated period, and the account must receive Qualifying Electronic Credit Transactions (“QECTs” such as pre-authorized ACH credit transactions, including direct deposit and electronically deposited funds originating from peer-to-peer money transfer applications, like Zelle, CashApp, Venmo or PayPal) totaling at least $500.00 each month for two consecutive months after account opening.
• The first QECT(s) totaling at least $500.00 must be completed within 31 calendar days of account opening.
• The second QECT(s) totaling at least $500.00 must be completed in the month following the completion of the first QECT(s) of at least $500.00.
• After completing two consecutive months of QECTs of $500.00 or more, $300.00 will be credited to your Choice Checking account within 31 calendar days of the subsequent month following the completion of the required credit transactions.
• To receive the $300.00, the qualifying Choice Checking account must not be closed or restricted at the time of payout.
• Offer is limited to one per account, regardless of the number of Choice Checking accounts opened and/or joint tenants per account.
• Employees of Apple Bank and their families are not eligible for this offer.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

The Totally Free ExtraValue Checking  has no monthly fee.

Early Account Termination Fee

Apple Bank does not make their fee schedule public, so we’re unable to check to see if they charge any early account termination fees.

Our Verdict

Might be an OK deal if you live near a branch. Better than the $100 bonus previously offered.

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• PSA: Don’t Call The Bank
• Introduction To ChexSystems
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• What Banks & Credit Unions Do/Don’t Pull ChexSystems?
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• Common Bank Bonus Misconceptions + Why You Should Give Them A Go
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