$250 First Niagara Bank sign-up bonus

[rainmaker]

This is available to anyone living in the US from First Niagara Bank and is available until June 14. It's one of the easiest ways to earn $250 out there in my opinion.

According to the terms, the following 3 things must be completed within 60 days of opening the account to receive the $250 bonus:

1. You must make a $250 or more direct deposit.

2. You must do 10 debit card purchases.

3. You must use their Online/Mobile Banking to make five bill payments.

If you only do one of the three, you will get $50. If you do two of the three, you will get $100. If you complete all three your get $250. For the payout, it really isn't that difficult, and most people should be able to complete it with relative ease.

Direct link to offer: https://www.firstniagara.com/Landing...ecking250.aspx

Enjoy!!

[Gailete]

s this legal ?

Yes but only for NEW First Niagara customers. When they first came to our town, I got a $75 bonus for opening a checking account several years ago. Please not though the this money will need to be declared as interest earned on your income taxes.

[JoeP]

If you are very mindful of the rules, these offers can work to your advantage. Problem is, life happens, and breaking just one of the rules may result in loss of the incentive you're pursuing.

[lorraineb]

These offers seemed to work well with those who are really organized. It takes time and dedication to keep track of all the things that must be done in order to reap the benefits of the offer. people who are unorganized can get in a lot of trouble and end up not benefiting much from them. If you're organized and can stick to the rules, it can be a great way to earn some extra money.

[Gailete]

I wouldn't recommend doing it unless you actually have need of another bank account. When I took advantage of the First Niagara one years ago, I needed a checking account for my business. Opening a bank account can take some time in this day and age. It isn't a do this and get rich QUICK thing. All together I think it took close to an hour to get an account set up. Most of those accounts need set up for a certain length of time as well so you can't really access your money during that time. For the set up listed here you have to set up direct deposit and pay bills out of the account and if you are planning on canceling the account at the end of the benefit period, you will have to undo any direct deposit and any automatic bill paying--a hassle.

[MonkeyMama]

These offers seemed to work well with those who are really organized. It takes time and dedication to keep track of all the things that must be done in order to reap the benefits of the offer. people who are unorganized can get in a lot of trouble and end up not benefiting much from them. If you're organized and can stick to the rules, it can be a great way to earn some extra money.

I find these rewards pretty easy. The thing is, there are lots of bloggers out there who break it down for you, so I Don't even necessarily bother to read all the fine print in this day and age. A simple blog post (& ensuing comments) will generally point out all the rules and pitfalls.

That said, I rarely do bank account offers because they don't tend to be as easy or lucrative. I like the credit card rewards, and those are also tax-free. BUT, I am doing a bank account reward this weekend because it looks fairly simple. (I did a simple one last year too - they come up once in a blue moon). The ones posted on SA this week are way too complicated for me. Not worth the hassle. But I will take $200-$500 for opening an account and not having to do much else.

[lorraineb]

BUT, I am doing a bank account reward this weekend because it looks fairly simple.

Which one are you doing?

[MonkeyMama]

A direct offer from Chase for $200 for merely opening a checking account. No direct deposits or debit usage necessary. I've seen they sell these coupon codes on ebay, in the past, when other people mentioned this deal. But I actually got a personal invite from Chase. Woohoo!