[Expired] St. Mary’s Bank $100 Checking Bonus

Deal has ended, view more bank account bonuses by clicking here.

Offer at a glance

  • Maximum bonus amount: $100
  • Availability: Nationwide with $5 nonrefundable fee. Seems difficult to get approved out of New Hampshire
  • Direct deposit required: Yes, no minimum mentioned
  • Additional requirements: Use promo code
  • Hard/soft pull: Soft pull
  • ChexSystems: Unknown
  • Credit card funding: None
  • Monthly fees: None
  • Early account termination fee: $20 if closed within six months
  • Household limit: None
  • Expiration date: November 30, 2020 February 15, 2021

The Offer

Direct link to offer

  • St. Mary’s Bank is offering a bonus of $100 when you open a new checking account and complete the following requirements:
    • Use promo code GO100
    • Receive a direct deposit by January 29, 2021

The Fine Print

  • Apply with offer code GO100.
  • Valid for new checking accounts opened by November 30, 2020, and have a qualifying recurring direct deposit posted by January 29, 2021.
  • $100 bonus will be credited to new checking account by February 15, 2021.
  • New account must be in good standing at time of bonus payout. Limit one gift per account.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Beyond checking has no monthly fee to worry about.

Early Account Termination Fee

According to the fee schedule there is a $20 fee if closed within six months.

Our Verdict

Obviously not a huge bonus and the $5 non refundable fee makes it even smaller, but there aren’t a lot of nationwide bank bonuses so I expect this will still be popular and will add it to the best bank bonuses. They also offer a mega high yield savings account that earns 5% APY on your first $500 and 3% on the next $500 when you set up a $25 monthly deposit.

Hat tip to Econ0mist

Useful posts regarding bank bonuses:
    William Charles
  • On October 15, 2020, 12:00
Tags: direct deposit requirednationwide bank bonusesno credit card fundingsoft pull

View Comments (54)

  • FYI - OOS applicants shouldn't apply for St. Mary's accounts. Mine was just closed after several weeks and all transactions are being undone. Representatives would only say that the account "shouldn't have been opened in the first place."

    • Same here...now I have to wait more than 2 weeks for them to mail a full balance via a check. They should have denied it without letting it slip through their online system. Be warned for any OOS users that this could easily happen to you. Don't waste the time or credit check on such a small amount.

  • It looks like they code quite a few things as TRANSFER ACH ECC PPD ACH so we'll see if any of it works.

  • I was just approved, I live in Maine. They did ask me why I was opening an out of state account and I told them for the 5% savings, which is also true.

  • Outside of footprint. Sent the bank photos of DL and Utility Bill. Then received the following:

    "Thank you for your application. Unfortunately we will not be able to proceed with your request to open an account electronically. Please visit one of our branches with proper identification if you wish to proceed. Thank you."

      • No they just don't want a slew of far out of area folks taking advantage of the bonus, but they will consider close out of state

  • Applied 10/15. Got the "Thank you for your online account application. A member of our eCare team will contact you by the next business day to complete the process. If you have questions, please call our Member Contact Center at 1-888-786-2791." message followed by the following back and forth...

    [10/15/2020 12:50:10 PM]St. Mary's Bank: Thank you for your application! In order to proceed we need a recent utility bill in your name for your current address. You can load these to the application under documents.

    We also noticed that you are not located in our area. We are a New Hampshire based credit union. Why did you decide to do an application with us? Please advise. Thank you.
    [10/15/2020 3:09:42 PM] FREAKYFLYGUY: I saw you had a savings account with 5% APY to $500 and 3% APY on $500-$1000. I'd be glad to upload a utility bill if being out side of NH doesn't prohibit me from opening the chosen accounts. Thank you, FreakyFlyGuy
    [10/19/2020 1:55:05 PM]St. Mary's Bank: Thank you for your application. Unfortunately we will not be able to proceed with your request to open an account electronically. Please visit one of our branches with proper identification if you wish to proceed. Thank you.
    [10/19/2020 2:04:35 PM]FREAKYFLYGUY: I understand. However, since I am outside of NH, a branch visit is not possible (as well as not being recommended during the current pandemic situation). May I suggest some indication during the online application that potential customers outside of your footprint need not apply? It may save a great deal of trouble for potential applicants that may be wasting their time by applying. Thanks. FreakyFlyGuy

    Out of state, out of region. Worth a shot but it's a no go...

    • Pretty much my identical experience & also received the same chex message TJ got in post below...I even told them we travel there a few times per year & thinking about buying a vaca home there (Which is pretty much true ironically) but they wouldn't budge...oh well....move on to next candidate bank that is willing to give me free money...

    • I received that final message, after sending the utility bill and ID that they requested in previous message, but I also received a Docusign to sign where it says they used ChexSystems

  • "Thank you for your application. Unfortunately we will not be able to proceed with your request to open an account electronically. Please visit one of our branches with proper identification if you wish to proceed. Thank you."

    - Looks like a no go unfortunately. I'm in CT, for reference

  • Applied and not instantly approved.
    Thank you for your online account application. A member of our eCare team will contact you by the next business day to complete the process. If you have questions, please call our Member Contact Center at 1-888-786-2791.

    Click here to check the status of your application.

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