If you’ve been thinking about opening a new checking account at Sandy Spring Bank, you’ll be happy to learn that you could get a $200 bonus.
Sandy Spring Bank is located in the mid-Atlantic region and has over 50 locations, most of which are located in the Washington D.C.-Maryland-Virginia area. Their official geographic footprint includes DE, MD, PA, WV, VA or Washington D.C. They are FDIC insured #4865 as a State Chartered Bank.
If you’re interested in finding out how to get $200 when you open a new checking account, here’s how:
💰 Get $300, $700, or $1,500 from a Citi Priority Account Today!
Citi Priority is offering $300, $700, or $1,500 when you open a Citi Priority Account by 7/17/2022.
Then, within 20 days of opening your account, deposit New-to-Citi funds and keep it there for 60 days after the 21st day. The bonus is based on the amount you transfer.
This is a limited time offer so don’t wait!
How to get $200 from Sandy Spring Bank
The terms for getting the $200 bonus are really simple:
- Open a new checking account at Sandy Spring bank,
- establish a direct deposit of at least $500 within 45 days of opening the account and continue for a minimum of 4 months (3 statement cycles after opening cycle)
- Get your bonus within 125 days of meeting the requirements.
This is available to residents of DE, MD, PA, WV, VA or Washington D.C. This offer is only available to new customers and you can't have had an account within the last 90 days..
The only downside to this offer is the longer time frame but the My Free Banking checking account has no monthly maintenance fees so you won’t be charged for waiting. (there also appears to be an early account termination fee of $25 if you close within 180 days)
(Offer expires 8/31/2022)
How Does This Offer Compare?
If you live in the geographic footprint, it’s a pretty strong offer from a basic checking account. There is a downside of having to wait so many statement cycles but without any fees, it’s just your time. Plus, for a basic checking account, it checks all the boxes and might be a good place to do your brick and mortar banking.
As for the bonus amount, $200 is pretty good. Here are the nationally available offers, many of which require a direct deposit but not for nearly as long a period of time:
⭐Citi Priority Account – $300, $700, or $1,500
Citi Priority is offering $300, $700, or $1,500 bonus when you open an account by 7/17/2022. Then, within 20 days of opening your account, deposit at least $15,000 in New-to-Citi funds and keep it there for 60 days after the 21st day. The bonus amount is based on how much you can transfer but the lowest tier starts at $15,000.
Discover Online Savings Account – $150 or $200
Discover Bank is offering a $150 or $200 bonus when you open your first Discover Online Savings Account with the promotion code WH222 and deposit at least $15,000 into the account within 30 days. You get $150 if you deposit $15,000 or more and $200 if you deposit $25,000.
Chase Total Checking® – $200
Chase Bank will give you $200 when you open a Total Checking account and set up direct deposit within 90 days. There is a $12 monthly fee that is waivable with a monthly direct deposit of just $500, so no gotchas on this deal!
SoFi Money – up to $300
SoFi Money will give you up to $300 if you open an account and make direct deposits of at least $1,000. The bonus will be based on the total amount of those direct deposits in a 30-day evaluation period.
HSBC Premier Checking – $450
HSBC has an offer where you can get $450 for eligible new customers who open an HSBC Premier checking account and make recurring monthly qualifying direct deposits of at least $5,000 for 3 consecutive months.
Huntington Bank – up to $300
If you are a resident of Colorado, Illinois, Indiana, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, South Dakota, West Virginia, or Wisconsin then you could get up to $300 from Huntington Bank for opening a new checking account. There are several checking accounts that qualify but they’re great offers if you live in their geographic region.
TD Bank – $300 or $150
TD bank has two bank offers for checking accounts and both are fairly easy to attain. For example, get $300 when you open a TD Beyond Checking account and receive direct deposits of $2,500 or more within 60 days of opening your account.