Parke Bank $500 Checking Account Bonus
Parke Bank is offering a bonus of up to $500 for new checking account customers. The offer is available in NJ and select PA counties only. Let’s see how this bonus works, and who is eligible.
How to Earn This Bonus
Open a Parke Select Checking Account and receive up to $500. Here’s how it works:
- Receive $250 after having two qualifying direct deposits totaling $500 or more post to your account within 90 days. New money only (funds not on deposit with Parke Bank within the last 30 days.)
- On the one-year anniversary of the account (with at least two additional qualifying direct deposits), you will be eligible for an additional $250.
Minimum deposit to open account is $1,000. Bonus will be credited within 30 days after all conditions have been met.
Are You Eligible?
Here are the eligibility details for this bonus:
- Offer available for NJ and select Eastern PA counties only. You will see if you are eligible when you enter zip code.
- This product is only for personal accounts. Business Accounts are not eligible for this promotion.
- Parke Bank employees and families of employees are not eligible for this offer.
Account Fees
- $7 monthly fee if you balance falls under $1,000.
- No early closing fee, but you need to keep account open for 12 months in order to receive full bonus.
Guru’s Wrap-Up
This seems to be an easy bonus for those who are in NJ or in eligible PA counties. You do need to complete two direct deposits to receive the initial $250 bonus, and then two more direct deposits so you can receive another $250 on the one-year anniversary of the account. There’s no promo code for this offer, but I would suggest to take a screenshot of the offer during the application process.
Bank bonuses are a great way to earn some extra income, often from the comfort of your home. You can take a look at my bank bonus results for 2022 where I made over $6,000. If this bonus is not for you, then you can check our full list of available bank bonuses. You can also access bonuses available in your state by visiting dannydealguru.com/tag/NJ-bank-bonus/. Just replace NJ with your state or with “nationwide”.
And, if you’re new to bank account bonuses, you can learn more about churning bank accounts here.
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Link & Full Details
- OFFER PAGE
- Max Bonus: $500
- Account Type: Checking Account
- Availability: NJ, PA
- Type of Inquiry: Soft pull
- Direct Deposit Requirement: $1000+
- Other Requirements: See above
- Credit Card Funding: No
- Monthly Fee: $7 )waived with $1K+ balance)
- Early Account Closing Fee: No
- Expiration Date: None
HT: Doctor of Credit
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