A bank bonus is one of the rare times a bank pays you first. If you are hunting for a Valley Bank checking account bonus, there is a live offer to know about, plus a few smaller ones, and some fine print that decides whether you actually get paid.
Here is where Valley National Bank's offers stand as of July 2026, based on the bank's published terms.
The Valley Bank Checking Account Bonus as of July 2026
Valley National Bank, which operates as Valley Bank, is offering a $100 bonus on its All Access Checking account as of July 2026.
The deal is simple on the surface. Open a new All Access Checking account, receive at least $500 in qualifying direct deposits within 60 days, and the $100 lands in your account later.
Offers like this can be withdrawn or changed without notice, so confirm the current terms on Valley's site before you open anything.
How to Qualify for the $100 Offer
There are three main requirements as of July 2026:
- Be a new checking customer. The offer excludes anyone who has had a personal checking account with Valley in the past 12 months.
- Open a new All Access Checking account, which is subject to the bank's approval.
- Receive $500 or more in qualifying direct deposits within the first 60 days after opening.
Miss the 60-day window and the bonus is typically gone, so set up direct deposit right away.
What Counts as a Qualifying Direct Deposit
Valley defines qualifying direct deposits as recurring payroll deposits, or electronic deposits of pension or government benefits such as Social Security, sent by an employer or the government to your account and routing numbers.
These do not count:
- Transfers from your other bank accounts
- Person-to-person payments such as Zelle
- Online or mobile banking deposits
- Deposits made at a branch or ATM
This is where most people lose bank bonuses. Moving $500 over from your old bank looks like a deposit, but it will not qualify.
When the Valley Bank Checking Account Bonus Pays Out
The $100 is credited within 30 days after two things happen: the direct deposit requirement is satisfied, and the account has been open for at least 120 days.
In practice, that means the money may arrive roughly four to five months after you open the account. Keep the account open and in good standing the whole time, or you may forfeit the bonus.
Other Valley Bank Bonuses Worth Knowing
Valley has run smaller offers for specific groups as of mid-2026:
- My Teen Checking: $25. Open the account in person at a branch with your teen, then complete at least one debit card purchase within 90 days.
- My Choice Checking: up to $150. This account for young adults has offered staged rewards, including a $75 bonus for enrolling in mobile banking at opening.
Deal-tracking sites have also listed a larger bonus of up to $400 tied to Valley's All Access Checking+ account. We could not verify that offer on Valley's own pages as of July 2026, so treat it as unconfirmed and check valley.com directly before counting on it.
Fine Print to Read Before You Open
A few things can trip you up:
- Geography. Valley's branch footprint centers on New Jersey, New York, Florida, and Alabama, and some offers are limited by state or to in-branch opening.
- Taxes. Bank bonuses are treated as interest income, so expect a 1099-INT at tax time.
- Account fees. Check the account's monthly fee and how to waive it, or fees may eat part of your bonus.
- One bonus per customer. Reopening accounts to earn the bonus again typically will not work within 12 months.
Is a $100 Bonus Worth Switching Banks?
That depends on what you give up. Moving your direct deposit takes effort, and $100 is a one-time payment.
Compare it with ongoing value. An account paying 4% APY on a $5,000 balance earns about $200 a year, every year. If Valley's everyday rates and features fit your life, the bonus is a nice extra. If not, a stronger everyday account may beat a one-time $100.
Online Accounts With Ongoing Perks Instead
Current has no monthly fee and pays up to 4.00% APY on savings with a qualifying direct deposit, plus paychecks up to two days early and up to $200 in fee-free overdraft, which can outweigh a one-time bonus over a full year of use.
Current Banking
Current Banking
Current is a mobile-first banking app with no monthly fee and no minimum balance. Members can earn up to 4.00% APY with a qualifying direct deposit of $200, receive direct-deposit paychecks up to 2 days early, and overdraft up to $200 fee-free.
Standout feature
4.00% APY on Savings Pods (with a $200+ qualifying direct deposit) plus paycheck up to 2 days early — both included on the standard account for free
Fees
Free
Pros
$0 monthly fee; up to 4.00% APY on Savings Pods with qualifying direct deposit; paycheck up to 2 days early;
Cons
No physical branches
Chime offers fee-free banking with early direct deposit and a savings rate of about 3.75% APY, which suits people who want simple ongoing value instead of chasing promotions.
Chime
Chime
- Fee-free banking plus early pay access - Overdraft up to $200 without fees - 5% cash back and build credit everyday. - 3.75% APY on your savings.
Standout feature
No credit check, no interest, no annual fee, and no minimum deposit required.
Fees
$0
Pros
Fee-Free Banking and Get paid up to 2 days early
Cons
App/online-only support, no branches
Rates and features change, so verify current terms with each provider before opening an account.
Frequently Asked Questions
Does Valley Bank have a checking account bonus right now?
Yes. As of July 2026, Valley advertises a $100 bonus on its All Access Checking account for new customers who receive $500 in qualifying direct deposits within 60 days. Offers can change without notice, so confirm on Valley's site before opening.
How long does it take to get the Valley Bank bonus?
The $100 is credited within 30 days after you meet the direct deposit requirement and the account has been open at least 120 days. Plan on roughly four to five months from opening.
Do transfers from my other bank count as direct deposits?
No. Valley only counts recurring payroll, pension, or government benefit deposits made through an employer or agency. Transfers, Zelle payments, and ATM or branch deposits do not qualify.
Is a bank bonus taxable?
Yes, checking and savings bonuses are generally reported as interest income. Expect the bank to send a 1099-INT if your combined interest and bonus reach the reporting threshold.
