Five Star Bank Promotions: $100, $300 Checking Promotions [NY]

Find all the latest Five Star Bank promotions, bonuses, offers here.

At the moment you can earn a $300 checking bonus for a new checking account.

Five Star Bank Promotions Review

I’ll go over Five Star Bank offers below.

Five Star Bank $300 Checking Bonus

• What you’ll get: $300
• Availability: NY (Bank Locator)
• Credit Inquiry: Soft Pull
• Credit Card Funding: None, at least in branch
• Early Termination Fee: None
• How to earn it:
  • To receive the $300.00 Premier Checking account (NOW account) bonus
    • You must open a Premier Checking by 12/31/2022.
    • In addition, to receive the $300.00 bonus, you must establish a direct deposit into your account within 60 days from the last day of month the account was opened.
    • The bonus will be deposited into this checking or NOW account within 90 days from the last day of the month the account was opened.
    • A $25.00 minimum deposit is required to open a Premier Checking account.
• When it expires: 12/31/2022

(Offer expires December 31, 2022)

[Expired] Five Star Bank $250/$150 Checking Bonus

Five Star Bank is offering a $250 or $150 bonus when you open a new qualifying checking account.

• What you’ll get: $250/$150 bonus
• Availability: NY (Bank Locator)
• Credit Inquiry: Soft Pull
• Credit Card Funding: None, at least in branch
• Early Termination Fee: None
• How to earn it:
  • For the $250.00 Premier Checking account (NOW account) bonus, you must open a Premier Checking account in-branch.
  • For the $150.00 checking account bonus, you must open a Plus Checking, Traditional Checking, or Progress Checking account in-branch.
  • In addition, to receive either the $250.00 or $150.00 bonus, you must establish a direct deposit into your account within 60 days from the last day of month the account was opened
• When it expires: 12/31/2020

(Expired)

How to Avoid Monthly Fees

• Progress Checking: None
• Club Savings: None
• TotalValue Business Checking: None
• Premier Checking: $25 monthly fee. Maintain any of the following to avoid the monthly account fee:
  • A combined total consumer deposit accounts and/or loan balances of $25,000 or more at the end of the activity period
  • Direct deposits totaling at least $5,000 into the account during the activity period
• Plus Checking: $12 monthly fee. Maintain any of the following to avoid the monthly account fee:
  • At least a $2,000 average ledger balance for the activity period
  • Direct deposits totaling at least $1,000 into the account during the activity period
• Traditional Checking: $3 per periodic cycle fee. Waiver for customers 62 years of age and older
• Premier Money Market: $12 monthly fee. Maintain a $10,000 minimum average daily balance to avoid the monthly account fee
• Money Market: $10 monthly fee. Maintain a $2,500 minimum average daily balance to avoid the monthly account fee
• Statement Savings: $5 monthly fee. Maintain a $300 minimum average daily balance to avoid the monthly account fee
  • Account has no Monthly Maintenance Fee or minimum balance if primary person on the account is less than 18 years old.
• TotalValue Business Checking: $12 monthly fee. Maintain a $5,000 minimum average daily balance to avoid the monthly account fee
• Commercial Analyzed: $15 monthly fee.
• Now Business: $12 monthly fee.
• Non-Profit Checking: $6 monthly fee. Maintain a $600 minimum average daily balance to avoid the monthly account fee
• IOLA: $15 monthly fee.

Author’s Verdict

The Five Star Bank promotion is decent, but there are definitely better offers out there. Additionally, you can check out the other accounts this bank offers. Compare their offerings with your current accounts and also to some of the best banks nationwide.

For more current offers, check out our bank bonuses page. Compare Five Star Bank rates for CDs and Savings with our best rates for Savings and CD accounts.

Be sure to check more popular bank promotions include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.