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-   -   Astoria Bank $250 Checking Account Signup Bonus (https://www.flyertalk.com/forum/credit-card-programs/1593152-astoria-bank-250-checking-account-signup-bonus.html)

Tuppins Jul 10, 2014 8:35 am

Astoria Bank $250 Checking Account Signup Bonus
 
https://www.astoriabank.com/brand/in...ersonalbanking

$250 for opening a Simple+ account and:
-Avg balance of $2,500 for 3 months and
-DD $250 or more once a month for 3 months

Didn't see any obvious info on:
-Residency requirements for opening
-Whether you can open with a CC

(I checked Doctor of Credit's blog for the latter)

Could be an easy $500 for you and an SO, plus free CC miles...

enwhycee Jul 10, 2014 8:57 am

Sweet! I just moved to Astoria. Thanks!

birdhands Jul 10, 2014 9:03 am

what counts as DD?

aarif1 Jul 10, 2014 9:07 am

Tried to open an account from MA, didn't let me. Looks like they might only be in 10 states primarily on the east coast (but not MA).

Tuppins Jul 10, 2014 9:10 am


Originally Posted by birdhands (Post 23174689)
what counts as DD?

Good question.
USUALLY PP and AP does, but this is a new bank I can't find much out about.
Virgin territory!

ibleed0range Jul 10, 2014 9:18 am

[*] Limit to one offer per customer. Open to new Astoria Bank consumer checking customers only who open a Simple+ or Select account and maintain the required balance for three consecutive months within the first four months of account opening. The direct deposits must be credited and bill payments must be completed during three consecutive months within the first four months of account opening. Cash bonus of $250 will be credited to the account within 30 business days after receipt of the third month's required direct deposits or within 30 business days of the third month's required bill payments. Account must be open when bonus is credited. The bonus is limited to $250 per customer regardless of number of services acquired for account. Cash bonus will be reported as income on IRS Form 1099-INT. Offer expires September 1, 2014. Offer can be revoked by Astoria Bank at any time. Offer cannot be combined with any other offer. See branch for additional terms, conditions and restrictions.

[1] Average monthly balance of $2,500 or more in the account or a $10,000 minimum balance in any combination of related Astoria Bank deposit accounts is required.

[2] Minimum balance of $25,000 in any combination of related Astoria Bank deposit accounts is required.

[3] Total direct deposits of $250 or more per month for three consecutive months within the first four months of account opening.

[4] Three bill payments of at least $25 each per month for three consecutive months within the first four months of account opening using Astoria Bank Online Banking.

[5] You will need Internet access on your mobile device to use all the features of the Mobile Web and Mobile App services. Message and data rates may apply from your wireless carrier. Please check with your wireless service provider for details on its fees and charges.

[6] Receive $3 rebate per non-Astoria ATM withdrawal, up to $15 per monthly statement cycle

FTR 787 Jul 10, 2014 9:18 am

looks like it's in NY only? I dont see the 10 other states they're in.

the local branches only seem to be in NY.

Tuppins Jul 10, 2014 9:27 am


Originally Posted by aarif1 (Post 23174704)
Tried to open an account from MA, didn't let me. Looks like they might only be in 10 states primarily on the east coast (but not MA).

What are the 10 states you're seeing?

aarif1 Jul 10, 2014 9:31 am


Originally Posted by Tuppins (Post 23174811)
What are the 10 states you're seeing?

OK, I might be wrong. I saw the words "10 states" on an "About" page somewhere, but can't find it now. Googling shows the following:


Astoria Bank originates residential mortgage loans through its banking and loan production offices in New York, a broker network in four states, primarily along the East Coast, and correspondent relationships covering 10 states and the District of Columbia and multi-family and commercial real estate loans, primarily on rent-controlled and rent-stabilized apartment buildings, located in New York City and the surrounding metropolitan area.
(From here. I have no idea what "correspondent relationships" means).

JerMah Jul 10, 2014 9:38 am

So basically a 40% yield. Not too bad.

smoothmunkey Jul 10, 2014 12:25 pm


Originally Posted by JerMah (Post 23174865)
So basically a 40% yield. Not too bad.

How did you get to 40%?

Marlon12 Jul 10, 2014 2:06 pm


Originally Posted by smoothmunkey (Post 23175838)
How did you get to 40%?

It's 10% ($250/$2500) for 3 months, thus 40% for the year since yield refers to the annual return.

waygora Jul 10, 2014 3:37 pm

Cool. I live in Astoria, just opened a Chase Checking for the $200, might look at this as well.

animesh42001 Jul 10, 2014 4:32 pm


Originally Posted by enwhycee (Post 23174653)
Sweet! I just moved to Astoria. Thanks!

Will they do hard pull for new application? Can you please confirm? If it is HP then I think its not worth it..

waygora Jul 10, 2014 4:59 pm

Astoria Bank $250 Account Bonus
 
It's a checking account, only a soft pull.


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