Madison National Bank gives $135 Bonus for their Best Checking Account, Local offer in New York

Madison National Bank is gives up to $135 bonus for their checking accounts. This can be availed of through one of their checking accounts like the Totally Free Checking. Below is the breakdown of how you can earn the checking account bonus:

  • Activate Direct deposit and you will get $100
  • $25 when you use Bill Pay
  • Get $10 when you transact with your debit card
  • Pocket $15 on your first check order
  • The total rewards for this checking account is $150. It seems though that you will just get a reimbursement when you order your first set of checks since some banks give the first booklet for free.

    To retain the bonuses that you will gain, account holders must keep the account active for at least six months.

    Madison National Bank also has several attractive checking account offers. Some of these give an interest rate of 1.05% which is very competitive in the current state of the market especially when they are not reward checking accounts. Here are some of them:

  • Interest Earning MVP Checking – this requires a direct deposit to enjoy the interest rate
  • Easy Checing – minimum opening balance set at $50
  • Value Checking – this also accumulates interest but you have to pay $0.20% for every check that you issue
  • Advantage Checking – This one requires $500 minimum balance to qualify for the checking account interest rates
  • The checking accounts above do not charge any monthly fees. They also offer reimbursements for ATM fees.

    Interested consumers need to visit one of their branches located in Merrick or Melville in New York.

    Madison National Bank gets 3.5 stars from BauerFinancial while Bankrate.com issues 3 stars when they reviewed the bank’s performance using their March 2009 data.

    Madison National Bank is covered by the FDIC through certificate number 58419.

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    Posted on 7th October 2009 by admin in Reward Checking Accounts

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