Investors Savings Bank is offering a free $100 bonus when you open a new online checking account and sign up for direct deposit. Your direct deposit payments must be for a minimum of $300 and the $100 bonus is paid out in $25 increments at the end of each quarter, which is sort of a pain.
They also take back your bonus and charge you a $25 fee if you close your account within the first year, so this promotion is purely for those who want a long-term account at Investors Savings Bank.
Their Free Checking qualifies for this promotion and only has a $50 initial deposit requirement. They also have a checking account with an interest rate between 1.50% and 2% for balances over $25,000.
You need to visit a Investors Savings Bank branch in order to participate in this promotion and branches are located in New Jersey. Investors Savings is FDIC insured.