Maspeth Federal Savings

Maspeth Federal Savings Checking & Savings — $300/$400

$400
verified today

Open your first MFS fee-free checking account with code NEW300PROMO for $300, or checking plus savings with code NEW400PROMO for $400. Set up direct deposit and receive 3 qualifying direct deposits of more than $300 each within 120 days of coupon enrollment. For $400 also deposit and maintain $100 in savings. Bonus posts in the statement cycle after the 120-day period.

Open this offer at Maspeth Federal Savings →

Affiliate link where available — see disclosure below. Always confirm terms on the bank's page.

How to earn it

  1. 1.
    Open your first MFS checking account (and savings for $400) using promo code NEW300PROMO or NEW400PROMO
  2. 2.
    Receive 3 qualifying direct deposits of more than $300 each, at least one per month(within 120 days of offer enrollment)
  3. 3.
    For the $400 option deposit and keep $100 in the new savings account(within 120 days of offer enrollment)

Bonus tiers

Open first MFS checking with code NEW300PROMO and receive 3 qualifying direct deposits over $300$300
Open first MFS checking and savings with code NEW400PROMO, meet the direct deposit requirement and keep $100 in savings$400

The details

Minimum deposit to open$100
Monthly feeNone
Time to complete120 days from offer enrollment
Direct depositRequired — $300+
ACH counts as DD?Unknown
AvailabilityNY
Promo codeNEW400PROMO (Bank page lists NEW300PROMO for checking only ($300) and NEW400PROMO for checking plus savings ($400))
Eligibility: New MFS customers opening their first checking account. Not available to customers with an existing MFS checking account or one closed within 180 days. Existing savings customers not eligible for $400 option. One bonus per household. Aimed at Queens, Brooklyn, Nassau and Suffolk residents.

Notes: Bank page shows the offer as live with no end date, but the footnote terms were not readable (bonus-offer page fetch failed). The 120-day window, payout timing and exclusions come from a January 2026 dannydealguru post, which also said the offer was in-branch only through 1/31/26. Recheck in branch before promoting.

Read the bank's official terms and fine print →