Metropolitan National Bank Review and $200 Sign Up Bonus

metropolitan-national-bankMetropolitan National Bank is currently offering a $200 sign up bonus when you sign up for their free personal checking account and fund your new checking account via direct deposit. Metropolitan National Bank is located in New York, but you can apply if you are located outside of NY if you send in a copy of your driver’s license and a copy of a recent utility bill to verify your address. In addition to sending in verification of your identity and your address, you will need to send in a copy of a recent pay stub to provide proof that you are participating in direct deposit. Why they can’t verify it on their own, I don’t know. But $200 is a lot of money, so it may be worth it to you.

Metropolitan national Bank Free Checking Account Review

  • No minimum balance requirement
  • Fast and easy online application process
  • No monthly fee
  • No direct deposit requirement
  • Free VISA* check card
  • Free online banking with free bill pay
  • Free e-Statements
  • Free ATM transactions worldwide
  • Member FDIC

Sign up for Metropolitan National Bank free checking account.

$200 Metropolitan National Bank New Account Bonus

The $200 bonus is a good reason to try out this bank.

Here is the fine print:

Free checking $200 bonus offer is subject to change without notice, limited to one account per customer. Free checking $200 bonus requires activating full, direct deposit ($500 minimum) of recurring payroll, government benefits or pension disbursements. $200 bonus will be credited to the account (approximately 30 days) after first full, qualifying direct deposit posts to your account. The initial qualifying direct deposit must be made within 60 days of account opening. We also require that qualifying, full direct deposits be made continually for no less than six months from the date of the initial qualifying direct deposit. Should these deposits be terminated or the account closed prior to six months, any paid bonus will be charged from your account or shall be otherwise due to us. The bonus is considered interest and will be reported to the IRS with form 1099-int.

It takes a little work to get your account set up – faxing all the paperwork is a drag – but the end result is nice. $200 for free and free worldwide ATM transactions make me a happy man.

Here is more information about how you can get free ATM transactions.