Banco Popular’s Free Checking Account: $125 bonus + gift!
After covering Capital One’s checking account bonus last week, BankVibe reader Zach mentioned another substantial checking account bonus available to residents in New York, New Jersey, Illinois, Florida and California. Banco Popular has a “Free Checking Account” which comes with a $125 bonus for signing up as well as a free “gift.” You must check with a physcial branch for various gift options and details regarding the sign-up bonus.
A couple years back they were offering this same account with a free set of binoculars as the gift. However, when this promotion was running before the sign-up bonus was incentive-based so that your bonus earnings were packaged with certain favorable actions for the bank. The previous bonus structure was as follows… (check with a physical branch to see if it’s currently set up the same way)
- Earn $25 for turning in your old checks and debit card,
- Earn $50 for adding direct deposit,
- and another $50 for signing up for online bill pay.
About Banco Popular (the noteworthy facts):
- Banco Popular North America’s parent company, Popular Inc., ranks among the top 30 bank holding companies in the country and celebrated its 116th anniversary in October.
- Their branch network in the U.S. consists of more than 100 branches across five states: New York, New Jersey, Illinois, California, and Florida.
- Banco Popular is one of the top 5 small business lenders in the country. A Preferred SBA lender, who offers financing and supports capital needs nationwide.
- The Banco Popular Foundation awarded more than $500,000 in grants to more than 40 non-for profit organizations in 2007.
