As a perk to our subscribers, BankBonus.com has partnered with Valley Direct, an online division of Valley Bank, to bring you an exclusive, easy-to-earn offer: $100 when you sign up for a Valley Direct High Yield Savings Account and fund it with at least $1,000.
To take advantage of this offer, you'll need to request a personalized offer link and then use that when opening your account.
Then, fund your new account within 10 days and we'll send you a $100 reward, which you can redeem instantly for a virtual VISA or gift card to your choice of more than 200 retailers.
Remember, this reward is in addition to Valley Direct's competitive 5.05% APY...
So, what are you waiting for? Request your code now!
Note that this time around the offer is available in all U.S. states EXCEPT New York and New Jersey.
How To Earn The Bonus
The Valley Direct High Yield Savings promotion requires you to deposit and maintain a minimum balance in order to earn the $100 bonus (step-by-step breakdown is listed above!).
As with any offer, don't forget to read the fine print before opening your new account. It's where the bank will clearly state who is eligible for the deal along with any nuances you'll want to be aware of.
The fine print
- Exclusive offer is distributed by BankBonus.com, not by Valley Direct. All questions regarding reward redemption should be directed to help@bankbonus.com.
- Closing the account within 45 days will forfeit the bonus.
- Must enroll in the offer by opening a Valley Direct High Yield Savings account directly through the personalized offer link delivered to your email. If you open your account by any other means, you will not be eligible to earn this exclusive offer.
- Offer only valid to new Valley Direct customers.
- Offer not valid to residents of New York or New Jersey.
- New customer must be approved by Valley Direct and the account must be funded with at least $1,000 to qualify. Accounts rejected by Valley Direct or not funded will not be eligible for the offer.
- Within 10 days of funding your account, you will receive an email from BankBonus.com confirming that you have qualified for the bonus. If you DO NOT receive this confirmation, it means our system did not receive confirmation from Valley Direct. You MUST notify help@bankbonus.com within 30 days of account funding to initiate a manual review. Failure to do so within this window will forfeit the bonus.
- Offer may only be redeemed once (1) per user.
- BankBonus.com reserves the right to end the offer at any time and to, in its sole discretion, determine eligibility for this offer.
- Annual percentage yield (APY) is accurate as of January 16, 2024. Rate may change at any time. Offer may be withdrawn or modified without prior notice.
- $1 minimum deposit required to open the account and a $0.01 minimum average daily balance is required to obtain the advertised APY. The national average comparison is based on the FDIC U.S. National Average of 0.45% APY verified as of 9/29/2023. Rate may change after the account is opened.
Frequently Asked Questions
When I click to open an account from my email, I don't see the offer mentioned on the Valley Direct website. Am I in the right place?
Since the $100 bonus offer is from BankBonus.com, it's not reflected on the Valley Direct website.
As long as you open your new account directly from your personalized link, then yes, you're in the right place!
Is my personal information safe?
Any personal information you share during account opening will be directly with Valley Direct, a division of Valley Bank, which has been in business since 1927. They use industry-leading encryption and security practices to guard your personal information.
Valley Direct will verify to us that you've completed the steps to qualify for the bonus, but nothing more.
How will I know I've earned the reward?
Once Valley Direct verifies your new account and its funding, you'll receive an email from BankBonus.com confirming that you're all set and when to expect your reward.
Keep in mind that external transfers to fund your new account can take 3-5 business days to settle, so you may not receive confirmation from us the same day you initiate funding.
What retailers can I choose from for my reward?
The list is too long to include here! But safe to say all of your favorite players are there: Amazon, Target, Starbucks, Apple, Best Buy, Chipotle, Delta, DoorDash, GameStop, Hulu, Lowes, REI, Southwest, Spotify, Home Depot, Topgolf, Uber, Ulta, Walmart... and many more.
If you don't find a retailer you like, you can always opt instead for a virtual or physical VISA. The only caveat is that the VISA cards expire in 6 months, whereas the gift cards have no expiration date.
If I'm a Valley Bank customer but new to Valley Direct, do I still qualify?
Yep! Although Valley Direct is a division of Valley Bank, opening a brand new Valley Direct High Yield Savings account will still qualify you for this bonus.
As a current Valley Bank customer, their website may direct you to the Valley login to streamline your process. But assuming your new Valley Direct account is approved, funded, and remains open for at least 45 days, you'll receive this $100 bonus offer.
Why Valley Bank?
Valley is a regional bank that has been in business since 1927 and has a solid financial history. They operate with transparency and respect and always put their customers first.
While they have physical locations across Alabama, Florida, New Jersey and New York, Valley serves customers across the United States by combining digital banking with their relatively small physical footprint.
Valley offers consumer deposit products, mortgages and auto loans, investment products, and a variety of business accounts.
Valley Direct High Yield Savings
Valley Direct is an online-only arm of Valley Bank and specializes in high yield savings accounts and CDs.
The Valley Direct High Yield Savings account is FDIC-insured, has no maintenance fees, and can be managed entirely online.
Learn more in our Valley Direct High Yield Savings review
Fees
Valley Direct High Yield Savings does not charge a monthly maintenance fee.
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