First Niagara Bank Bank Account Or Service Complaint

Checking account Account opening, closing, or management

First Niagara Bank Bank account or service department,

Checking account Account opening, closing, or management Massachusetts

I opened a " Pinnacle Checking '' account on - -, -, after reading an advertisement for a $200.00 promotion. The terms of the offer are as follows : " To qualify for the $200.00 cash bonus, within 60 days of opening your new Pinnacle checking account, you must receive direct deposits totaling $250.00 or more. Your direct deposits need to be an electronic deposit of your paycheck, pension or government benefits ( such as Social Security ) from your employer or the government. The cash bonus will be deposited into your new checking account within 30 days from end of month in which direct deposits totaling $250.00 or more are made to your account. Account must be open and maintain a positive balance in order to obtain the bonus. Can not be combined with any other promotional rate or reward/bonus programs. Valid only for individuals who have not had any consumer checking relationship with First Niagara in the previous 365 days. Customers may only receive a bonus on - account. Customers must be residents of -, -, - or


bonus is paid to you. Promotion runs through -/-/- and can be withdrawn at any time. Account must remain open for 180 days to avoid a $25.00 Early Account Closing fee. All accounts subject to approval and applicable fees. '' I received a direct deposit of $250.00 from my employer on - -, -. I have not had any consumer checking relationship with First Niagara in the previous 365 days. I am a resident of -. I believe all requirements of the promotion have been met, but I have not received the bonus yet. Per the terms of the offer, it should have posted by - -, -.

First Niagara Bank customer in Massachusetts
Mar 12, 2016

* Source: CFPB Complaint Database

First Niagara Bank response to complaint:
Closed with explanation

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