Newest Valley National Bank Promotions: Best Offers, Coupons and Bonuses June 2020
Valley National Bank has more than 200 locations throughout Alabama, Florida, New Jersey and New York. Potential customers can earn cash bonuses for opening new accounts, but many might not even be aware of them. A GOBankingRates survey found that most respondents don’t know about the promotions banks offer. Even those who do are unlikely to switch banks to earn a bonus, meaning they potentially miss out on hundreds of dollars of free cash.
If you’re interested in getting paid for your business, keep reading to learn about the latest Valley National Bank promotions.
Valley National Bank Promotions at a Glance
Valley National is offering bonuses on checking accounts and credit cards for June. Here’s a quick look:
Best Valley National Bank Promotions: June 2020 | ||
|---|---|---|
Account | Cash Value of Bonus | Expiration Date |
All Access Rewards Checking Account | $240 | None |
My Choice Checking Account | $150 | None |
My Choice Teen Checking Account | $25 | None |
Premier Rewards American Express Card | $100 | None |
Cash Rewards American Express Card | $25 | None |
Visa Signature Real Rewards Credit Card | $25 | None |
Visa Signature College Real Rewards Credit Card | $25 | None |
More on Checking: 10 Banks Offering Free Checking With No Minimum Balance
Current Valley National Bank Promotions
The latest Valley National Bank promotions include cash offers when you open a checking account for adults, young adults and teens, and when you open a credit card account. Here’s the lowdown.
Best Checking Account Promotions
Valley National Bank has some lucrative checking account bonuses on tap for June, none of which are hard to earn. Keep reading to learn more.
All Access Rewards Checking Account: $240 Bonus
Valley National Bank gives customers $240 in spending money over the course of a year after they open a new checking account. Here’s how to earn the bonus:
Cash value: $240
Minimum deposit to qualify: $100
Expiration date: None
How to get it: Open an Access Rewards Checking account and receive at least $750 per month in direct deposits. No Valley National Bank coupon code is necessary.
When you’ll get it: You’ll get $20 for every month you receive the minimum direct deposit, with the first bonus coming 35 days after the first direct deposit. In the event the deposits are discontinued, the $20-per-month bonus will stop.
Terms and conditions: Bank account transfers and branch or ATM deposits do not qualify as direct deposits.
Monthly fee: None
Promotion page: All Access Rewards checking account bonus offer
My Choice Checking Account: $150 Bonus
Young adults can learn the value of money and how to manage it by opening a My Choice Checking account, which is specially designed for customers between the ages of 17 and 25. This account has one of the more generous Valley National Bank bonuses, letting you earn up to $150 in cash.
Here’s more:
Cash value: $150
Minimum deposit to qualify: $25
Expiration date: None
How to get it: Open a My Choice Checking account and then activate online and mobile banking. Next, choose paperless statements and make at least 20 $5 debit card transactions or complete three online bill payments within 60 days of opening the account.
When you’ll get it: The bonus will be deposited into your account within 90 days of account opening as long as you meet the requirements.
Terms and conditions: Must be between the ages of 17 and 25; applicants 18 or older can apply online.
Monthly fee: None
Promotion page: My Choice checking account bonus offer
My Choice Teen Checking Account: $25 Bonus
You can open a checking account with your teen to give them valuable experience managing money. As a bonus, your teen receives $25 for signing up for a debit card.
Here are the details:
Cash value: $25
Minimum deposit to qualify: $25
Expiration date: None
How to get it: Visit a branch and open a My Choice Teen checking account and sign up for a debit card.
When you’ll get it: Within 90 days of signing up for a debit card
Terms and conditions: Parent or guardian must be present to sign up for an account.
Monthly fee: None if the account is linked to a parent/guardian checking account, receives a monthly recurring direct deposit, or has a monthly balance of $1,000 or more
Promotion page: My Choice Teen checking account bonus offer
Learn More: How To Find No-Fee ATMs Near You
Best Credit Card Promotions
While there’s no Valley National Bank savings account bonus this month, you can earn some extra money by signing up for one or more of these credit card promotions.
Premier Rewards American Express Card: $100 Value
This card lets you earn up to four points per purchase. There’s no limit to how much you can earn, and you have five years to redeem your points.
Here are the details on the introductory offer:
Cash value: $100
Minimum spend to qualify: $1,000
Expiration date: None
How to get it: Apply and get approved for a card and make $1,000 in purchases in the first three months.
When you’ll get it: Six to eight weeks after you meet the requirements
Terms and conditions: You must be at least 18 years old and have a U.S. address and Social Security number to qualify.
Annual fee: $99, waived for the first year
Promotion page: Premier Rewards American Express card bonus offer
Cash Rewards American Express Card: $25 Bonus
This card offers up to 3% cash back on purchases. You can earn a $25 bonus just for making one purchase.
Here’s the scoop:
Cash value: $25
Minimum spend to qualify: One purchase
Expiration date: None
How to get it: Apply and get approved for the card and make a purchase.
When you’ll get it: Within six to eight weeks of making your first purchase
Terms and conditions: You must be at least 18 years old and have a U.S. address and Social Security number.
Annual fee: None
Promotion page: Cash Rewards American Express card bonus offer
Visa Signature Real Rewards Credit Card: $25 Value
With this card you can earn 1.5 points for every dollar you spend, with no limit on what you can earn. You also get 2,500 bonus points, worth $25, for making your first purchase.
Here’s more:
Cash value: $25
Minimum spend to qualify: One purchase
Expiration date: None
How to get it: Apply and get approved for the card and then make a purchase.
When you’ll get it: Within six to eight weeks of making your first purchase
Terms and conditions: You must be at least 18 years old and have a U.S. address and Social Security number.
Annual fee: None
Promotion page: Visa Signature Real Rewards credit card bonus offer
Visa Signature College Real Rewards Credit Card: $25 Value
This cards gives you 1.5 points for every dollar you spend and offers a 0% introductory annual percentage rate for the first six billing cycles. You also get 2,500 bonus points, a $25 value, for making your first purchase.
Here are the details:
Cash value: $25
Minimum spend to qualify: One purchase
Expiration date: None
How to get it: Apply and get approved for the card and then make a purchase.
When you’ll get it: Within six to eight weeks of making your first purchase
Terms and conditions: You must be at least 18 years old and have a U.S. address and Social Security number.
Annual fee: None
Promotion page: Visa Signature College Real Rewards bonus offer
More on Banking: How Long Is a Check Good For?
How To Open a Valley National Bank Account
You can open a Valley National Bank account at a local branch or online, but the process is faster on the bank’s website. According to Valley National, the online application can be completed in just 10 minutes. You’ll need to register and set up your online banking login credentials by creating a user ID and password. Here are some other things you’ll need to provide:
Email address
Contact information
Social Security number
Government-issued photo ID such as a driver’s license, state or military ID, or passport
A debit or credit card number to fund the account or a current bank’s account number and routing number to transfer funds.
More on Banking: Here Are the Banks Providing Coronavirus Relief to Customers Suffering From the Financial Effects of the Pandemic
How Much Money Will Valley National Bank Give You for Opening an Account?
Valley National’s June promotions let you earn more than $200 for opening one type of checking account and $150 for opening another — and neither requires much in the way of minimum deposits or spending requirements. Teens can earn $25 for opening their first checking accounts.
If you have good enough credit to get approved for the credit card bonuses, one of them can put an extra $100 in your pocket, while the others will earn you $25 each. In the event that your credit history is limited or has some blemishes, take steps to improve your credit before seeking one of the current credit card bonuses.
More on Valley National Bank
More Bank Promotions
Information on promotions is accurate as of May 29, 2020. Additional requirements may apply. Offers and terms are subject to change.
This content is not provided by Valley National Bank. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by Valley National Bank.
This article has been updated with additional reporting since its original publication.
This article originally appeared on GOBankingRates.com: Newest Valley National Bank Promotions: Best Offers, Coupons and Bonuses June 2020
