[Targeted, DE, DC, MD, NJ, PA, & VA Only] Fulton Bank $250 Checking Bonus – Direct Deposit Not Required

Update 6/23/24: Bonus is back, $250 again. Still has targeted language but shows in google search result. Hat tip to kas141

Update 4/8/23: Bonus now up to $300

Update 2/19/22: Available again.

Update 9/24/21: Available again, still has targeted language. Should show up if you do the following search ‘https://www.google.com/search?q=fulton+%24200‘. Hat tip to reader Gadget

Update 7/15/21: New link now available. Does have targeted language ‘To be eligible for this offer, you must have accessed this page via a direct communication (email or digital ad) from Fulton Bank.’

Update 2/1/21: Deal is back for 2021. Hat tip to kas141

Offer at a glance

• Maximum bonus amount: $250
• Availability: DE, MD, NJ, PA, DC & VA only. May need to live in one of the counties
• Direct deposit required: Optional
• Additional requirements: None
• Hard/soft pull: Soft. Make sure to opt out of overdraft protection
• ChexSystems: Yes.
• Credit card funding: Up to $500 $50
• Monthly fees: None
• Early account termination fee: None
• Household limit: One (is enforced/isn’t enforced (2)) None
• Expiration date: None Listed December 31, 2021 December 31, 2022

The Offer

Direct link to offer

• Fulton Bank is offering a bonus of up to $250:
  • Earn $300 when you open a Relationship Banking checking account online and within 60 days of account opening:
    • Set up a recurring direct deposit totaling at least $500.
  • Earn $200 when you open a Simply Checking account online and within 60 days of account opening do one of the following:
    • Set up a recurring direct deposit totaling at least $500. OR
    • Use your contactless debit card to make a purchase at least 15 times, spending $300 or more in total purchases. This includes in-store and online purchases.
    • Earn an extra $50 when you open a Simply Checking account and when you also open a Statement Savings5 account online and deposit at least $1,000 in new money within 60 days. Just select Statement Savings within the “Your Offers” page during the online account opening process.

The Fine Print

• This offer is valid for new consumer checking account customers only that have not had a checking account with any affiliate of Fulton Financial Corporation within the last 24 months.
• Promotion is limited to one cash bonus per person.
• If multiple accounts are opened for the same owner, only the first account will be eligible for the bonus.
• Fulton Financial Corporation employees and immediate family members sharing a household are not eligible.
• May not be combined with any other offer.
• Offer may be withdrawn without notice.
• Customers are responsible for possible tax implications.
• 25 minimum deposit to open a checking account online.
• This offer is valid when you open a new Simply Checking account and complete a minimum of 15 debit card purchases within 60 days after account opening (transactions must be posted to the account within the 60 day timeframe); or, set up recurring direct deposit in the cumulative amount of $250 or more within 60 days after account opening.
• The direct deposit must post to your account within this timeframe and is limited to Social Security, pension, payroll, or unemployment. $200 cash bonus will be credited to your checking account four to six weeks after the conditions above have been met.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

• Simply checking has no monthly fees to worry about
• Relationship Banking has a $20 monthly fee
  • $5,000 minimum daily balance and one customer-initiated transaction posted each statement cycle OR
  • $25,000 combined deposit and investment balance for the primary or secondary account owner on the last day of the statement cycle and one customer-initiated transaction6 posted each statement cycle

Early Account Termination Fee

I can find no references to an early account termination fee on their website.

Our Verdict

Previous best bonus was $150. This is an extra $50 for the same requirements. Definitely think this is worth doing if you live in a targeted area, I’ll be adding this to our list of the best checking account bonuses.

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