Find an updated list of Solvay Bank promotions, bonuses, and offers here.
Currently, they are offering a $100 bonus when you refer a friend or family member.
About Solvay Bank Promotions
Solvay Bank is headquartered in Solvay and is the 56th largest bank in the state of New York. It is also the 891st largest bank in the nation. If you are not located near a branch, you can see all nationwide bank bonuses for more suitable offers.
- Availability: NY (Bank Locator)
- Credit Inquiry: Soft Pull
- ChexSystems: Unknown
- Credit Card Funding: None
While they have a generous $100 bonus, Solvay Bank doesn’t have great rates for CDs and Savings. You may want to check out our full list of Bank Rates and CD Rates.
*Compare Solvay Bank Promotions with other bank bonuses from banks like Huntington, HSBC, Chase, TD, Bank of America, Citibank, and more!*
I’ll review the Solvay Bank Promotions below.
Solvay Bank $100 Referral Bonus
You can earn a $100 referral bonus when you refer a friend, family member, or coworker and meet all requirements.
- What you’ll get: $100 bonus
- Account Type: Direct Rewards Checking, High Interest Checking
- Availability: NY
(No expiration date listed)
BMO Smart Money Checking ($300 cash bonus) | BMO Smart Advantage Checking ($300 cash bonus) |
Bank of America ($300 bonus offer) | Chase Total Checking® ($300 bonus) |
Fifth Third Bank Momentum® Checking ($300 bonus) | SoFi Checking and Savings ($325 bonus) |
KeyBank Key Smart Checking ($300 bonus) | Truist Checking ($400 bonus) |
How To Earn Bonus
- To qualify get this bonus in the Refer a Friend checking account program:
- You must be an existing Solvay Bank checking account customer that refers a new customer who opens a Direct Rewards or High Interest Checking account at Solvay Bank.
- Account must be opened with new money not currently on deposit at Solvay Bank and receive a direct deposit within 90 days of account opening.
- A qualifying direct deposit is an electronic deposit of salary, pensions or government benefits such as Social Security from an employer or the government.
- Minimum deposit to open the account is $15.
- Current Solvay Bank checking account customers or those who have closed an account within the last 90 days do not qualify as a referee.
- New accounts are subject to bank account opening requirements.
- Referees must present this card at the time of account opening to qualify or enter the referrer’s name into the promo code field if opened online.
- A $100 cash credit will be awarded to the referrer’s checking account, and a $100 cash credit will be awarded to the referee’s checking account within 120 days of account opening if program requirements are met.
- Both the referee’s account and the referrer’s account must be in good standing with a positive balance to receive $100 cash credit.
- If the new account is closed within 6 months of the open date, the $100 cash bonus will be deducted from the closing balance.
- Cash credit is subject to 1099 reporting.
- Limit one new checking account per tax ID.
- Bank rules and regulations apply.
- Promotion may end without notice.
How To Waive Monthly Fees
- DIRECT REWARDS CHECKING: $5
- HIGH INTEREST CHECKING: Avoid the $5 monthly maintenance fee with one electronic direct deposit
- SIMPLY CHECKING: None
- BUSINESS TRADITIONAL CHECKING: $15
- BUSINESS ADVANTAGE CHECKING: $25 — waived if you maintain a $25,000 balance
- BUSINESS BASIC CHECKING: $5 — waived if you maintain a $2,500 balance
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Bottom Line
Solvay Bank offers great promotions for you to earn money over time. Additionally, the referral program is great because you can earn up to $100!
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*Check back at this page for updated Solvay Bank promotions, bonuses and offers.
Only available for residents inCayuga, Cortland, Madison, Oneida, Onondaga and Oswego counties in the state of New York