Offer at a glance
- Maximum bonus amount:Â $400
- Availability:Â PA bank only, will deny out of state
- Direct deposit required:Â Yes
- Additional requirements:Â See below
- Hard/soft pull:Â Unknown
- ChexSystems: Unknown
- Credit card funding: None
- Monthly fees:Â None
- Early account termination fee:Â Unknown
- Household limit:Â None
- Expiration date:Â 1/15/25
Contents
The Offer
- Traditions Bank is offering a $400 bonus when you open a new checking account and complete the following requirements (looks like you need to do for two statement cycles):
- At least 15 posted debit or credit point of sale (POS) purchases using your Traditions Bank debit card
- At least one ACH credit or debit (direct deposit or automatic payment) from your account
- Use of a monthly E-Statement
- A valid email address
The Fine Print
- Offer valid from 12/1/24-1/15/25 and is subject to change without notice.
- Offer does not apply to existing Traditions Bank personal checking account customers, owners, or those with signing authority on any other Traditions Bank personal checking account, or those who closed a Traditions Bank checking account within the last 12 months.
- The $400 bonus is deposited within 60 days of the end of the second statement cycle after opening a new PowerUp Checking account if all Account Qualifications** are met.
- Bonus is considered interest for tax purposes; please consult a tax advisor for details. For personal accounts only.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
This account has no monthly fees to worry about
Early Account Termination Fee
I wasn’t able to find a fee schedule so unsure if there is any EATF.
Our Verdict
They are merging with ACNB and they currently have a $400 bonus as well. Unsure if it’s possible to do both.
Hat tip to Stan F
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- Introduction To ChexSystems
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- 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?
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- Complete List Of Ways To Close Bank Accounts At Each Bank
- Banks That Allow/Don’t Allow Out Of State Checking Applications
- Bank Bonus Posting Times
Denied for geography. I’m 70 miles away in PA. This probably won’t work for anyone outside Lancaster or York counties.
Logged back into my application and it shows denied without a reason. I am in their footprint. They are probably Chex sensitive.
There is an early termination fee of $30 if closed within 6 months.
denied for “outside of our market area” (western PA, about 200miles from York)
Denied “as your current address is outside of our market area.” I live in northeast PA, but the bank is centered in southeast PA. So clearly region specific.
Same experience. Denied despite being in PA.
Has anyone tried OOS and been rejected?
Would like to know this too
We are sorry but we are unable to accommodate your request to open an account with us at this time as your current address is outside of our market area.
Besides Amazon filler items, is there anywhere else you can use debit card for small amount transactions from comfort of your home? Reloads are minimum now $5.
CashApp from what I know, but I don’t if it is going to work with this bank
Pepper?
$1 for a Verizon Fios Payment
$1.01 for the next one
$1.02 for the next one
I do gas bill or internet bill for $1 transactions
Applied. Had to upload driver’s license as part of the application process. After entering funding information (minimum funding of $100), application went pending.
How did you apply? I can’t find any way on their website other than a form asking them to contact me?
When you click on the link from DoC, at the top of the page, it says Online Banking in red and below that it says Open An Account in grey.
Applied yesterday. Did not receive any email rigt now. Living in southeast PA. The nearest branch is 74 miles away.
Submitted on application on January 5th. Currently pending. No CC funding: the only two funding options are ACH or deposit a check via mail or in branch.
Keep in mind that the monthly statement cycle for this bank runs from 16th thru 15th. I did not get clear answer when i opened last month if the first cycle counts especially if the debit card doesn’t come on time for those applying close to the 15th.
If you do get the debit card, i would advice to meet the requirements for 3 cycles including the current month of opening.
Are you located in footprint?
Yes I was told the same things.
I did mine before Dec 31st just in case to get first cycle