Unity Bank $300-$400 – NJ, PA

Offer at a glance

• Maximum bonus amount: $400
• Availability: NJ & PA
• Direct deposit required: Yes, $1,500-$2,500
• Additional requirements: None
• Hard/soft pull: Soft
• ChexSystems: Unknown
• Credit card funding: None
• Monthly fees: $3-$20
• Early account termination fee: 90 days, bonus forfeit + $30 fee
• Household limit: None listed
• Expiration date: None listed

The Offer

Direct link to offer

• Unity Bank has two checking bonuses:
  • $300 when you open a Everyday Checking with promo code 1144. Conduct at least four (4) Direct Deposits of at least $1,500 to your new account within 180 days of opening
  • $400 when you open a rewards Checking with promo code 1145. Conduct at least four (4) Direct Deposits of at least $2,500 to your new account within 180 days of opening

The Fine Print

• Offer valid beginning April 7th, 2025.
• Offer can be withdrawn at any time.
• Applicable for consumer accounts only.
• This offer is only available to customers who currently do not maintain a checking account relationship with Unity Bank.
• To qualify for a $300.00 cash bonus, you are required to conduct at least four (4) Direct Deposits of at least $1,500 to your new account within 180 days of opening.
• To qualify for a $400.00 cash bonus, you are required to conduct at least four (4) Direct Deposits of at least $2,500 to your new account within 180 days of opening
• Direct Deposit must be an electronic deposit of your paycheck, pension, or government benefits (such as Social Security) from your employer or the government.
• The bonus will be deposited within fourteen days (14) of meeting the promotion requirements.
• Your checking account must remain in an open status in order to receive the bonus.
• May be IRS reportable.
• Unity Bank reserves the right to limit an individual to one account-related gift incentive per rolling 12-month period across all deposit account relationships.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

• Everyday checking has a $3 monthly fee. This can be waived if any of the following are completed: irect deposit of $1,000 or more in a statement cycle; 12 POS transactions with Unity Bank debit card; $50 or more transfer to Unity Bank savings account in a statement cycle; Students (age <=24), seniors 65+, & first responders receive no monthly service fee
• Rewards checking has a $20 monthly fee: This can be waived if any of the following can be done: 12 point of sale (POS) transactions with Unity Bank debit card and one additional qualifier is required to waive monthly service fee. Qualifiers include: Direct deposit of $1,000 or more in a statement cycle; Online banking automatic transfer (any amount) to a Unity Bank Savings Account (per statemet cycle); Combined daily balance of $25,000.00 or more in a Unity Bank savings/MMDA/CD

Early Account Termination Fee

Unsure, account must be kept open.

Our Verdict

Think only the $300 bonus is worth doing as it’s difficult to keep the Rewards checking account fee free. We will add this to our best bank account bonuses. 

Hat tip to reader snailrock

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