Ballston Spa National Bank (BSNB) In Branch $160 Checking Bonus

Offer at a glance

• Maximum bonus amount: $160
• Availability: NY only, must open in branch [Branch Locator]
• Direct deposit required: Yes, $300+ (+$100)
• Additional requirements: Mobile banking (+$15), deposit a check (+$15), bill pay (+$15), five purchases using debit card (+$15)
• Hard/soft pull: Unknown
• Credit card funding: Unknown
• Monthly fees: None
• Early account termination fee: Unknown
• Expiration date: None listed

The Offer

Direct link to offer

• Open a new Free Direct Checking Account and receive a sign up bonus of up to $160 with Ballston Spa National Bank (BSNB). Bonus is broken down as follows:
  • Open a new Free Direct Checking Account, online banking, enroll in eStatements and receive direct deposit of a paycheck, pension or government benefit check in an amount of $300 or more at least once per month
  • Enroll in Mobile Banking and receive $15
  • Deposit a check using Mobile Banking and receive $15
  • Enroll in Bill Pay and receive $15
  • Make five purchases using a BSNB debit card and receive $15

The Fine Print

• Account must be open and in good standing to receive the bonus rewards. Bonus rewards paid within 90 days of account opening
• Requirements must be met within 60 days of account opening
• This offer may not be combined with any other offer and does not apply to second or multiple checking accounts within the same household or for customers who have closed a checking account within the last 180 days.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

This account has no monthly fees, we weren’t able to find any early account termination fees but you might as well keep it open for six months since there isn’t any monthly fees to worry about.

Our Verdict

Seems like a pretty decent deal if it’s a soft pull to open and they aren’t too fussy on what counts as a direct deposit. Unfortunately we don’t know enough about this one to say either way, so we haven’t added it to the best bank bonus page. If you have any experiences in the comments, please share them below!

They also have a $240 business checking bonus as well.

Useful posts regarding bank bonuses:

• A Beginners Guide To Bank Account Bonuses
• PSA: Don’t Call The Bank
• Introduction To ChexSystems
• How To Use Our Direct Deposit Page For Bank Bonuses Page
• Common Bank Bonus Misconceptions + Why You Should Give Them A Go
• How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
• Affiliate Links & Bank Bonuses – We Won’t Be Using Them
• Complete List Of Ways To Close Bank Accounts At Each Bank