[NY & NJ only] Flushing Bank $300 Checking Bonus

Offer at a glance

• Maximum bonus amount: $300
• Availability: NY  & NJ
• Direct deposit required: Yes, $500+
• Additional requirements: See below
• Hard/soft pull: Soft
• ChexSystems: Unknown
• Credit card funding: Unknown
• Monthly fees: Unknown
• Early account termination fee: $20 if closed within 90 days
• Expiration date: None listed
• Household limit: One per household

The Offer

Direct link to offer

• Open a new Flushing Bank Complete Checking Premier account and receive a sign up bonus of $300. Bonus is broken down as follows
  • $200 for signing up for and receiving a recurring direct deposit of $500 or more (complete within 90 days)
  • $50 for the completion of 5 debit card purchases. Each debit card purchase must be $25 or more (complete within 60 days)
  • $50 for completing 5 online banking bill-payments via Flushing Bank’s Online Banking portal. Each online bill-pay must be $25 or more (complete within 60 days)

The Fine Print

• New Complete Checking Premier account with new money only. Existing checking account customers are not eligible. An existing checking customer is defined as anyone who currently has or has had a Flushing Bank checking account within the last 24 months.
• This offer is limited to one Complete Checking Premier account per household.
• Minimum deposit required to open a new Complete Checking Premier account is $500.
• No minimum balance required to be eligible for the Bonus.
• Direct Deposit – You will receive $200 for signing up for and receiving a recurring direct deposit of $500 or more. Tax refund checks do not qualify as direct deposit. Direct Deposits must be completed prior to 90 days after the account is opened.
• Debit Card Purchases – You will receive $50 for the completion of 5 debit card purchases. Each debit card purchase must be $25 or more.
• Online Banking Bill-payments – You will receive $50 for completing 5 online banking bill-payments via Flushing Bank’s Online Banking portal. Each online bill-pay must be $25 or more. Debit Card Purchases and Online Bill-payments must be completed prior to 60 days after the account is opened.
• THE MAXIMUM AMOUNT ANY COMPLETE CHECKING PREMIER CUSTOMER CAN RECEIVE IS $300.
• The compensation will be credited to the checking account on or about the end of the month following the completion of the above qualifying transactions within the required time after account opening.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

This bonus is for the Complete Checking Premier account. This account has a monthly fee but not entirely sure how much it is and is only waived with an average daily balance of $50,000+.

According to the fee schedule there is an early account termination fee of $20 if the acocunt is closed within 90 days of account opening.

Our Verdict

They also have a $200 bonus on the easy accounts to keep fee free. Personally I think the requirements to keep this account fee free are too high, but you should only need to pay that fee three or four times before receiving your bonus and being able to close the account out. It really depends on what the monthly fee is for this account if it’s worth it or not – I’d say it probably isn’t. I’d recommend reading our post on the $200 bonus as that contains a lot more information and data points.

You can view the bank account bonuses we recommend by going here.

Useful posts regarding bank bonuses:

• A Beginners Guide To Bank Account Bonuses
• PSA: Don’t Call The Bank
• Introduction To ChexSystems
• Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
• What Banks & Credit Unions Do/Don’t Pull ChexSystems?
• How To Use Our Direct Deposit Page For Bank Bonuses Page
• Common Bank Bonus Misconceptions + Why You Should Give Them A Go
• How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
• Affiliate Links & Bank Bonuses – We Won’t Be Using Them
• Complete List Of Ways To Close Bank Accounts At Each Bank