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[Expired] Bryn Mawr Trust (BMT) Bank $520 Checking Account Bonus

Tony Jay by Tony Jay
December 29, 2022 8:55 pm CST
in Other
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Find updated promotions and sign-up bonuses from Bryn Mawr Trust (BMT) Bank updated here. Typical promotions in the past have been for $100, $150 and $200 cash bonuses.

Update 12/30/22: Bryn Mawr Trust merged with WSFS Bank on March 21, 2022.

Established in 1889 and headquartered in Bryn Mawr, Pennsylvania, BMT Bank is still a relatively small bank with around 35 locations across Delaware, New Jersey and Pennsylvania. If you’re not a resident to one of these regions, see our Bank Bonuses page for more suitable offers.

All traditional deposit accounts are offered by BMT Bank (i.e. Checking, Savings, Money Market, CD and IRA). Rates are sub-par, and in-line with other traditional banking institutions. See our guides for the best national rates: Savings/Money Market rates | CD rates.

We’ll review the current offers below.

[Expired] Bryn Mawr Trust $520 Checking Bonus

Bryn Mawr Trust $200 Checking Bonus

Earn up to $520 in bonuses for a new Checking account with Bryn Mawr Trust with this offer.

  • $520 bonus offer expires 4/30/19 (*reports are saying the offer has extended until 5/16/2019 in-branch)
  • Any consumer checking account at BMT, excluding Fresh Start Checking will be eligible for the offer
  • Must be a resident of Pennsylvania, New Jersey or Delaware
  • Direct Deposit is required for the bonus
  • Application will trigger a Soft Pull, which does not affect your credit
  • Monthly fees can be waived
Learn More

How To Earn The $520 Bonus

  • Open any BMT consumer checking account excluding Fresh Start Checking and receive $130 account bonus with an initial opening account deposit of $130 or more.
  • Accounts opened online must fund the account with $130 within 10 calendar days to be eligible for the $130 activity bonus.
  • Customers must make a minimum of thirteen (13) debit card purchases over $25.00 each within 90 days of account opening to qualify for a $130 activity bonus deposit into the account.
  • Customers must receive two (2) qualifying direct deposits of $500 or more within 90 days of account opening to qualify for a $130 activity bonus deposit into the account.
  • Customers must open any personal BMT Money Market account with a minimum opening deposit of $2,500 to qualify for a $130 activity bonus.
  • The qualified activity bonus deposit will be deposited into the checking account and received after 90 days and before 120 days of account opening date.

How To Waive The Monthly Fee

BMT CHECKINGBMT CHOICE CHECKINGBMT PREFERRED CHECKINGBMT PREFERRED PLUS CHECKING

No monthly fee with this account.

Minimum Balance Required to Avoid Service Charge Fee: $2,500.

Service Charge Fee if Minimum Balance is Not Met: $16 per statement cycle

Minimum Balance Required to Avoid Service Charge Fee: $5,000 daily or $50,000 combined.

Service Charge Fee if Minimum Balance is Not Met: $25 per statement cycle

Minimum Balance Required to Avoid Service Charge Fee: $10,000 daily or $100,000 combined.

Service Charge Fee if Minimum Balance is Not Met: $35 per statement cycle

Fine Print

  • Offer applies to new customers only.
  • Additional balance requirements and associated fees may apply based on the type of checking account selected.
  • A qualifying debit card purchase is defined as any BMT Debit Card purchase made at point-of-sale using your signature or PIN, or a purchase made electronically or online using your BMT Debit Card number, including recurring payments.
  • Transfers between BMT or other accounts, person to person transfers, or electronic deposits for goods sold are not eligible.
  • Additional balance requirements and associated fees may apply based on the type of Money Market account selected.
  • Fees may reduce earnings.
  • Limit one maximum activity bonus up to $520 per household.
  • Prior promotional participants are not eligible.
  • A new customer is defined as not having a BMT deposit account in the past 24 months.
  • Current checking account clients or employees of BMT and their family, household members, its parents, subsidiaries, and affiliated companies are not eligible for activity bonuses.
  • Must be a resident of Pennsylvania, New Jersey or Delaware.
  • The value of activity bonuses may be reported to the IRS on form 1099-INT.
  • The recipient is responsible for any federal, state, or local taxes on this offer.
  • Offer can be withdrawn at any time.

Bottom Line

Very high value offer if you complete all the steps for the $520 total amount. Even if you don’t do the direct deposit step you can still obtain a big portion of the bonus.

READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.

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Tony Jay

Tony Jay

Hey there! I'm Tony, a personal finance enthusiast.

If you're looking to maximize your savings, I've got you covered. From exclusive banking promotions and investing bonuses, to exciting credit card offers, I'll keep you in the loop on the hottest deals in town.

Join me here at MoneysMyLife and let's embark on this adventure together. Contact me here.

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Editorial Disclaimer: Opinions expressed here are author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
Disclaimer: These responses are not provided or commissioned by the bank advertiser, credit card issuer, hotel, airline or other entity. Responses have not been reviewed, approved or otherwise endorsed by any of the entities included within the post. It is not the bank advertiser's or any other entity's responsibility to ensure all posts and/or questions are answered.

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