Homestreet Bank Extends Their Local $215 Checking Bonus, With A Few Changes

Back in May we reported on a great promotion from Homestreet Bank for consumers located in the Washington State, Oregon and Hawaii regions. To receive the whole bonus a few actions must be taken. Since May, the value of each task has changed a bit, but in the end it is really strong promotion for those who are looking to open a new checking account. Note, that the deal has a new expiratory date of 9/30/2009.

The following activities are required to receive the full $215:

• Get $80 for setting up FREE direct deposit of payroll, pension, Social Security or other income into your HomeStreet checking account.

• Get $60 for using your Visa® Check Card ($2 per purchase up to $60)
• Get $40 for using FREE Online Bill Payment, ($10 per payment up to $40)
• Get $25 for giving us your old checks and debit card from your old bank ($15 for your check card and $2 per pad of checks up to $10)
• Get $10 for signing up to receive FREE e-statements

Here is the link to the promotional page.

Key points in the terms:

• Business Checking accounts are not eligible for this offer.
• Current HomeStreet Bank personal checking account holders and HomeStreet Retail Banking employees and family members living in their household are not eligible for this offer.
• Minimum opening deposit for the checking account is $100 (Totally Free Checking, Minimum Balance Checking, e-Checking, VIP Checking, and Plus Checking) and $2,500 for Maximum Checking.
• All transactions eligible for a bonus payment must be made within the first 3 statement cycles after account opening.
• The portion of the $215 earned during this time will be directly credited to your account within 15 days following your third statement cycle. (For example, if your third statement cycle date is October 5, 2009, your account will be credited by October 20, 2009).
• For purposes of this promotion, ATM withdrawals, deposits, transfers, balance inquiries using your check card do not qualify as transactions.
• Accounts closed by the customer within 90 days of opening are subject to a $15 Account early closing fee.

Additionally, for those participating in the promotion are also eligible for the refer-a-friend program that pays out a nice $25 bonus. For more information visit here.

About the banks

 

Homestreet Bank

Family and employee-owned HomeStreet Bank is one of the largest private banks in the Northwest and Hawaii. Since our beginning in 1921, we've stayed focused on what we believe is most important: building long-term relationships with our customers and providing ongoing support to our communities.

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