Earn a $250 bonus for a new online money market account with this offer from Amalgamated Bank.
Established in 1923 in New York, Amalgamated Bank has a small footprint with just a little over 10 physical branches but they do offer nationwide availability with their online Checking and Savings accounts. Rates can often be much better than other traditional banks.
See the Posts History below for all offers from this institution.
Amalgamated Bank Money Market Offer Details
- What you’ll get: Up To $250 bonus
- Where it’s available: Nationwide
- How to earn it:
- Open a new Money Market account between March 28, 2023 and May 26, 2023 ; and
- Fund the new Money Market account with new money only; and
- Maintain opening deposit requirements for 90 consecutive calendar days in the respective Bonus tiers illustrated in the table below
- Minimum opening deposits vary to be eligible for the cash bonus. For minimum balance requirements to obtain APY and cash bonus, see the table below.
Amount | Bonus | APY |
---|---|---|
$10,000 – $24,999.99 | $100 | 3.50% |
$25,000 – $49,999.99 | $150 | 3.50% |
$50,000 – $99,999.99 | $200 | 3.50% |
$100,000+ | $250 | 3.50% |
- When it expires: 5/26/2023
READ MORE: GET TOP BONUSES FROM CHASE, AXOS, BANK OF AMERICA AND BMO.
Waive The Monthly Fee
This account has no monthly fees to worry about.
Fine Print
- The value of the bonus may have to be reported to the IRS. Consult with your tax advisor for tax advice.
- APY means Annual Percentage Yield.
- Money market account is considered open and eligible for promotion upon bank approval and receipt of account funding by May 26, 2023.
- The Federal Deposit Insurance Corporation (FDIC) grants deposit insurance of $250,000 per account title. You may also qualify for more than $250,000 in FDIC coverage at Amalgamated Bank if you have single accounts, joint accounts, Individual Retirement Accounts and trust accounts.
- Fees may apply for non-Amalgamated, non-Allpoint® and international ATM transactions.
- Allpoint+® ATMs may not be available in all states.
- Your mobile carrier’s message and data rates may apply.
- To qualify for the Money Market promotion, you must meet the minimum balance requirements to obtain the APY and cash bonus illustrated in the table above.
- To open a non-promotional Money Market account online, $100 minimum deposit is required.
- No minimum deposit is required to open a Money Market Account in branch.
- There is a maximum account opening funding capability of $100,000 if opened online, if opened in branch there are no deposit funding restrictions.
- Additional deposit may be made by visiting an Amalgamated Bank branch or by making an Electronic Funds Transfer (“EFT”). An EFT includes, ACH, Wire, External Transfers, and Internal Transfer
Bottom Line
Nice bonus value. They had a $250 bonus for an online checking account but that offer expired.
Posts History:
- Best Socially Responsible & Ethical Banks January 2024
- Amalgamated Bank $150 – $300 Business Checking Bonus Offer – Ends 7/31/23
- Amalgamated Bank Bonus: Up To $2,000 Checking Account Deposit Offer [Nationwide] – Ends 7/28/23
- Amalgamated Bank $250 Checking Account Bonus [Nationwide] – Ended
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.