Service Fee and Rates: The following checking accounts are eligible for the cash bonus:

Personal Checking Accounts: Value Checking Accounts have a minimum balance of $100 to open an account with an $8 monthly maintenance charge. Value Checking Accounts have no monthly maintenance charge when you maintain a minimum average daily balance of $1,500 per month or a combined average monthly balance of $5,000 in a combination of Metropolitan Bank checking or savings accounts. Value Checking Accounts are non-interest-bearing accounts. Premier Interest Checking Accounts have a minimum balance of $100 to open an account with an $8 monthly maintenance charge. Premier Interest Checking Accounts have no monthly maintenance charge when you maintain a minimum average daily balance of $2,500 per month or a combined average monthly balance of $10,000 in a combination of Metropolitan Bank checking or savings accounts. Premier Interest Checking Accounts have a 0.05% Adjustable Annual Percentage Yield (APY), which is compounded daily and paid out monthly. Senior Citizen Checking Accounts have a minimum balance of $100 to open an account with no monthly fees or monthly minimums to avoid fees. Must be 62 years of age to qualify for a Senior Citizen Checking Account. Senior Citizen Checking Accounts are non-interest-bearing accounts.

¹ Bonus/Account Information: Bonus cash offer is available to existing and new Metropolitan Bank checking customers who open a new account online with new funds and have not closed their accounts with Metropolitan Bank within 90 days or closed accounts with a negative balance within the last 3 years. You can receive only one new bonus checking account per customer. To receive the bonus: 1) Open a new qualifying Metropolitan Bank checking account, which is subject to approval; To receive additional $50 bonuses: 2) Create one to two recurring direct deposits totaling $500 or more each per month for 6 months made to this account within 30 days of opening your account. Your direct deposit needs to be an electronic deposit of your paycheck, pension or government benefits (such as Social Security) from your employer or the government. Person-to-Person payments (such as Zelle®) are not considered a direct deposit. Micro-deposits do not qualify as a direct deposit for the bonus. Micro-deposits are small deposits, typically less than $1, that are sent to your account to verify it is the correct account. Each recurring deposit of $500 or more is entitled to receive a $50 bonus; To receive additional $50 bonuses: 3) Set up one to two recurring monthly bill pays from your account. Each recurring bill pay is entitled to receive a $50 bonus. To receive additional $50 bonus: 4) Get and use a debit card linked to this account. This offer is only valid for checking accounts opened online. After you have completed all the above requirements, we will deposit the bonus in your new account within 30 days. To receive this bonus, the enrolled account must not be closed or restricted at the time of payout. Eligibility may be limited based on account ownership. Bonus is considered interest and will be reported on IRS Form 1099-INT (or Form 1042-S, if applicable).

Bonus amounts: Each account that meets the above requirements is eligible for up to $300 cash bonus per the above terms to be credited to the account holder’s account 30 days after the required 6-month holding period.

Offer availability subject to change without prior notice. Other Metropolitan Bank checking bonus offers may exist concurrently.

Effective date: