Find up-to-date promotions and offers from Sterling Bank & Trust here. Typical offers range from $100 to $300.
Sterling Bank & Trust was established in 1984 and is headquartered in Southfield, Michigan. They have 29 locations throughout California, Michigan, New York and Washington.
Compare their rates with the nation’s top Savings rates here, top Checking rates here, and the top CD rates here.
See Posts History below for more offers from SBT.
Sterling Bank & Trust $250 Checking/Savings Bonus
- What you’ll get: Up to $250 bonus
- Where it’s available: New York
- How to earn it:
- Open a new savings, checking, or money market account with a minimum opening deposit of $25,000 at any SBT Advantage Bank branch
- Maintain the minimum monthly statement cycle account balance of $25,000 for 90 day
- Set up a monthly direct deposit of $500 and receive the deposit into your account for 3 consecutive monthly statement cycles within 120 days of account opening.
- When it expires: 11/30/2019
- Flushing or Brooklyn branch offer (NY) *Currently unavailable
- Koreatown branch offer (CA) *Currently unavailable
- Chino Hills branch offer (CA) *Currently unavailable
- Belluvue branch offer (WA) *Currently unavailable
How To Earn The Bonus
- To qualify for the $100 credit to your SBT Advantage Bank account, each customer must: (1) open a new savings, checking, or money market account with a minimum opening deposit of $25,000 at any SBT Advantage Bank branch; and (2) maintain the minimum monthly statement cycle account balance of $25,000 for 90 days.
- To qualify for the $150 credit to your SBT Advantage Bank account, each customer must: (1) open a new savings, checking, or money market account; and (2) set up a monthly direct deposit of $500 and receive the deposit into your account for 3 consecutive monthly statement cycles within 120 days of account opening.
- To qualify for the $250 credit to your SBT Advantage Bank Account, each customer must: (1) open a new savings, checking, or money market account with a minimum opening deposit of $25,000 at any SBT Advantage Bank branch; (2) maintain the minimum monthly statement cycle account balance of $25,000 for 90 days; and (3) set up a monthly direct deposit of $500 and receive the deposit into your account for 3 consecutive monthly statement cycles within 120 days of account opening.
Convenience checking account has no monthly fees.
- A qualifying direct deposit is the customer’s salary, Social Security, pension or other regular monthly income electronically deposited through the Automate Clearing House (ACH) network by an outside agency or your employer.
- Non-Qualifying direct deposits for purposes of this offer include transfers from one account to another or person-to-person transfers or deposits made through mobile deposit, an ATM or at a branch.
- Offer may not be combined with any other consumer deposit offer (limit one bonus per customer/account) reproduced, purchased, transferred, traded or sold.
- Transfers of funds from existing SBT Advantage Bank deposit accounts do not qualify for the opening gift.
- This offer is intended for new customers only. You are not eligible for this offer if:
- you are a current SBT Advantage Bank customer;
- you are a SBT Advantage Bank employee; or
- you have received a bonus for opening a SBT Advantage Bank account within the last 24 months.
- They will deposit $100, $150, or $250 into your checking, savings, or money market account within 45 days after meeting all the requirements.
- The value of this bonus will be reported to the IRS and the recipient is responsible for any federal, state, or local taxes on this offer.
Bottom Line
The maximum bonus amount will require a hefty deposit and might not be worth the trouble. Compare this offer to the Checking and Savings offer from Chase.
Posts History:
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.