Ridgewood Savings Bank Bonuses: $300 Checking Promotion (NY)

Find the latest Ridgewood Savings Bank bonuses, promotions, and offers here.

Update 10/2/24: We’ve added a $200 Social Security Direct Deposit Bonus Offer available for a limited time. You can earn a $300 checking bonus valid through 12/16/24.

Ridgewood Savings Bank $300 Checking Bonus

• What you’ll get: $300 Bonus
• Eligible account: Checking
• Availability: NY (Bank Locator)
• Credit Inquiry: Hard Pull or Soft Pull? Let us know.
• Direct Deposit Required: Yes
• Monthly Fees: None
• How to earn it:
  • Earn a $300 bonus when you open a new checking account and complete the following requirements:
  • Receive $300+ in qualifying and recurring direct deposits

(Expires 12/16/2024)

Fine Print

• Bonus Offer is available from September 9, 2024, through December 16, 2024 (“Promotion Period”) for consumers who (a) do not currently hold a Ridgewood checking account either personally or as joint owner, (b) did not have a Ridgewood checking account either personally or as joint owner in the three-month period prior to opening the required account under this offer, and (c) open a new personal checking account during the Promotion Period that satisfies the applicable offer criteria set forth below (an “eligible customer”).
• Customer(s) must be an eligible customer and meet all existing checking account qualification requirements to qualify for this offer and must maintain a checking account in accordance with the Bank’s account terms, conditions and Disclosure of Service Charges.
• Minimum of $300 or more in qualifying and recurring direct deposits to be eligible for the bonus.
• The $300 bonus earned in accordance with the requirements of this offer will be credited to the new checking account within 180 days from account opening.
• The first direct deposit must be made within 90 days and the last qualifying direct deposit must be received within 150 days of new checking account opening date.
• Each eligible customer may only receive one bonus award. This offer cannot be combined with any other offer. Qualifying direct deposits are recurring electronic deposits of your paycheck, pension or government benefits (such as Social Security). Person-to-person and bank transfers between your Ridgewood Savings Bank accounts or accounts you have at other financial institutions or brokerages do not qualify.
• Payments received for goods sold do not qualify.
• The value of the bonuses paid under this promotion is considered interest, and Ridgewood Savings Bank will issue an IRS Form 1099-INT or other appropriate form.
• Offer may be withdrawn or modified at any time without notice.
• Ridgewood Savings Bank employees and immediate family members are not eligible to participate in this offer

Ridgewood Savings Bank $200 Social Security Direct Deposit Checking Bonus

• What you’ll get: $200 Bonus
• Eligible account: Checking
• Availability: NY (Bank Locator)
• Credit Inquiry: Hard Pull or Soft Pull? Let us know.
• Direct Deposit Required: Yes
• Monthly Fees: None
• How to earn it:
  • Here’s how to take advantage of this special $200 offer:
  • If you’re already collecting your social security benefits, you’ve taken the first step. If not, it’s easy. Simply sign up to begin receiving your social security benefits at ssa.gov/myaccount.
  • Next… set up or change your social security benefits to be deposited into your Ridgewood Savings Bank checking account by visiting ssa.gov/myaccount.
  • And finally, once we receive your second social security direct deposit, we’ll automatically credit $200 to your Ridgewood checking account. It’s that simple.

(Limited time offer)

Fine Print

• The bonus offer is available for consumers who do not currently have a direct deposit into a Ridgewood account.
• A $200 bonus is available to eligible customers who establish a qualifying direct deposit of funds made to their Ridgewood checking account.
• Qualifying direct deposits are recurring electronic deposits of your Social Security government benefits only.
• Direct deposit of paycheck, pension, Person-to-Person and bank transfers between your Ridgewood Savings Bank accounts or accounts you have at other financial institutions or brokerages do not qualify.
• Payments received for goods sold do not qualify.
• The value of the bonus paid under this promotion is considered interest and Ridgewood Savings Bank will issue an IRS Form 1099-INT, or other appropriate form.
• Offer may be withdrawn or modified at any time without notice.
• The applicable bonus amount earned in accordance with the requirements described will be credited to the Ridgewood checking account upon receipt of the second Social Security benefits direct deposit installment.
• You should determine whether it is advisable to apply for social security benefits at this time.
• The timing of when these transactions will be credited is based on when the payer submits the information to us.
• The transaction must include “SSA” or “Social Security” in their ACH memo.
• The Early Pay feature is subject to terms and conditions and may be discontinued at any time.
• This offer cannot be combined with any other offer.
• Ridgewood Savings Bank employees and immediate family members are not eligible to participate in this offer.?
• This promotion is only available to those customers that have received the promotional offer materials from Ridgewood Savings Bank.

How To Waive Monthly Fees

• Ridgewood Good
  • $3 Monthly Fee
  • Can Waive If You Either:
    • You have at least $300 in monthly direct deposit transactions
    • You enroll in and maintain eStatements
    • Your combined Ridgewood deposits total at least $2,500 at the end of your statement cycle
    • You are 65 or over
• Checking With Interest
  • $10 Monthly Fee
  • Can Waive If:
    • Your combined Ridgewood deposits total at least $5,000 at the end of your statement cycle
• Premier Checking
  • $15 Monthly Fee
  • Can Waive If:
    • You have an average daily balance of at least $5,000
    • Your combined Ridgewood deposits total at least $25,000 at the end of your statement cycle
• Student Advantage Checking
  • No Monthly Fee (For Qualifying Students)

Conclusion

Although these bank promotions are rather generous, you can also utilize our list of Savings, Money Market, and CD rates.

• Best Savings/Money Market rates
• Best CD Account rates

If you are not eligible for these promotions, use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, and many more.

Check back often for more Ridgewood Savings Bank Bonuses, Promotions, or Offers!