To qualify for for Valley National Bank $150 Checking Promotion, open a qualifying checking account with a minimum deposit of $100 and receive $75 cash reward when you sign up for Mobile Banking and $75 when you initiate a monthly direct deposit such as a payroll, pension, Social Security or other government benefits or by enrolling in online banking and completing three merchant bill payments.  The offer is only good for residents of NY, NJ, CT and PA and requires a branch visit.

The required mobile banking, first direct deposit and bill pay transactions must be completed within the first 60 days of account opening to qualify. Cash rewards will be credited within 90 days of account opening and may be reportable as taxable income. Cash rewards offered to new checking customers only. Products limited to one per consumer, two per household.