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Tag: ct bank bonuses

  • [CT & Select Counties In NY only] Newtown Savings Bank (NSB) $350 Checking Bonus + $150 Savings Bonus – Doctor Of Credit

    Update 8/23/25: Back until September 30 2025, this time for $350. Hat tip to reader Rodger

    Update 5/3/25: Deal is back until June 30, 2025. Hat tip to reader Avi

    Update 3/8/25: Deal is back until 3/31.

    Update 5/21/24: Deal is back with a new promo code.

    Update 11/12/22: Looks like the direct deposit needs to be recurring.

    Update 10/22/22: Deal is back, now $250 + $150.

    Update 7/10/22: Extended until September 30, 2022.

    Update 10/29/19: Deal is back and valid until November 30th, 2019. Hat tip to reader Kyle.

    Update 8/28/19: Bonus is back and has been increased to $200 (from $150). Expires August 31st, 2019. Hat tip to reader Joe F

    Offer at a glance

    • Maximum bonus amount: $150
    • Availability: Accounts are available to residents of the State of Connecticut and residents of Putnam and Westchester county New York only
    • Direct deposit required: Yes, $150-$1,500
    • Additional requirements: Use promo code choice
    • Hard/soft pull: Soft pull
    • ChexSystems: Yes, inquiry sensitive
    • Credit card funding: Up to $1,000 $25
    • Monthly fees: None
    • Early account termination fee: 90 days, bonus forfeit
    • Household limit: One
    • Expiration date: September 29th, 2018 November 30th, 2018 August 31st, 2019 November 30th, 2019

    The Offer

    Direct link to offer

    • Newtown Savings Bank is offering a bonus of $150 when you open a free checking account and complete the following requirements:
      • Use the promo code SUMMER25
      • Receive a direct deposit within 60 days of account opening , $150 minimum
    • Or you can get a $350 offer when you open a Flagship Checking
      • Use the promo code SUMMER25
      • Receive a direct deposit within 60 days of account opening ,$1,500 minimum 
    • You can also get a $50 bonus when you open a statement savings account with a $300 balance or get a $150 bonus when you open a Basic Money Market Savings Account(opens in a new window) with a balance of $20,000

     

    The Fine Print

    • Offer is available for Free Checking Accounts opened by September 29, 2018.
    • Offer amount will be deposited into the respective checking account 60 days after account opening as long as the direct deposit has been made.
    • Maximum $150 per household.
    • Personal checking accounts have a minimum deposit of $25 to open.
    • Other fees may apply such as paper statement and inactivity fees.
    • To be eligible for this offer, all account holders must be new checking account customers.
    • If your checking account is closed within 90 days of opening, the bonus amount will be deducted at closing.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    The free checking account has no monthly fees to worry about. The flagship checking account has a monthly fee that is waived with minimum balance of $2,500.

    Early Account Termination Fee

    Account needs to be kept open for 90 days, otherwise the bonus will be deducted at time of closing

    Our Verdict

    Previous bonuses have been for $100 with $150 available in branch only. Looks like this one can be opened online. The $1,000 in credit card funding makes this offer attractive as well (update: unfortunately limit is now only $25). Definitely worth considering if not doing if you’re eligible. I will be adding this to the list of the best checking account bonuses.

    Big thanks to reader, Brenden F who let us know. Learn how to find bonuses and contribute to the site here.

    Useful posts regarding bank bonuses:

    William Charles

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  • [MA, NH, ME, RI, CT, VT] Country Bank $400 Checking Bonus – Doctor Of Credit

    [MA, NH, ME, RI, CT, VT] Country Bank $400 Checking Bonus – Doctor Of Credit

    Update 10/5/24: Deal is back and now $400 instead of $200. Hat tip to James

    Update 5/2/24: Deal is back again.

    Offer at a glance

    • Maximum bonus amount: $400
    • Availability: MA, NH, ME, RI, CT, VT
    • Direct deposit required: Yes, $500+ for three consecutive statement cycles
    • Additional requirements:
    • Hard/soft pull: Unknown
    • ChexSystems: Unknown
    • Credit card funding: Unknown
    • Monthly fees: None
    • Early account termination fee: Unknown
    • Household limit: None listed
    • Expiration date: None listed

    The Offer

    Direct link to offer

    • Country Bank is offering a $400 bonus when you open a new checking account and complete the following requirements for three months:
      • At least 12 debit card purchases, post and settle;
      • At least 1 (one) of the following types of transactions: direct deposit, ACH payment, or bill pay transaction(s), post and settle;
      • Be enrolled in and have agreed to receive e-statements rather than paper statements.

     

    The Fine Print

    • To be eligible for the Kasasa Cash Back Checking promotional offer you must be at least 18 years of age, and not have owned a Country Bank checking account within the last 180 days. Limited to one offer per person as identified by Social Security Number (SSN).
    • Requirements to receive the Bonus offer:
      • Open a Kasasa Cash Back Checking account in-person or online starting April 1st, 2023.
      • At account opening, you must set up and maintain a direct deposit to your new Kasasa Cash Back Checking account totaling at least $500 per statement cycle, for three (3) consecutive months. Qualifying direct deposits are regular, periodic automated clearing house (ACH) credits, which may include payroll, salary, pension or government payments (such as Social Security). Payments through the Real-Time Payments (RTP) network, and payments through peer-to-peer networks such as PayPal, Zelle, Venmo or others do not qualify as direct deposits. Transfers from another Country Bank deposit account do not qualify.
    • Bonus Offer Payout:
      • Your account will be credited within 120 days of bonus requirements being met.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    This account has no monthly fees to worry about

    Early Account Termination Fee

    I wasn’t able to find a fee schedule so unsure if there is an EATF.

    Our Verdict

    Better than the previous $150 checking bonus we’ve seen. We need to know if it’s a hard or soft pull.

    Hat tip to Bockrr

    Useful posts regarding bank bonuses:

    William Charles

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  • [NY & CT only] Ridgewood Savings Bank $300 Checking Bonus – Doctor Of Credit

    [NY & CT only] Ridgewood Savings Bank $300 Checking Bonus – Doctor Of Credit

    Offer at a glance

    The Offer

    Direct link to offer

    • Ridgewood Savings Bank is offering a bonus of $300 when you open a new checking account and complete the following requirements:
      • Receive $300+ in qualifying and recurring direct deposits

    The Fine Print

    • Bonus Offer is available from September 9, 2024, through December 16, 2024 (“Promotion Period”) for consumers who (a) do not currently hold a Ridgewood checking account either personally or as joint owner, (b) did not have a Ridgewood checking account either personally or as joint owner in the three-month period prior to opening the required account under this offer, and (c) open a new personal checking account during the Promotion Period that satisfies the applicable offer criteria set forth below (an “eligible customer”).
    • Customer(s) must be an eligible customer and meet all existing checking account qualification requirements to qualify for this offer and must maintain a checking account in accordance with the Bank’s account terms, conditions and Disclosure of Service Charges.
    • Minimum of $300 or more in qualifying and recurring direct deposits to be eligible for the bonus.
    • The $300 bonus earned in accordance with the requirements of this offer will be credited to the new checking account within 180 days from account opening.
    • The first direct deposit must be made within 90 days and the last qualifying direct deposit must be received within 150 days of new checking account opening date.
    • Each eligible customer may only receive one bonus award.
    • This offer cannot be combined with any other offer.
    • Qualifying direct deposits are recurring electronic deposits of your paycheck, pension or government benefits (such as Social Security). Person-to-person and bank transfers between your Ridgewood Savings Bank accounts or accounts you have at other financial institutions or brokerages do not qualify.
    • Payments received for goods sold do not qualify. The value of the bonuses paid under this promotion is considered interest, and Ridgewood Savings Bank will issue an IRS Form 1099-INT or other appropriate form.
    • Offer may be withdrawn or modified at any time without notice.
    • Ridgewood Savings Bank employees and immediate family members are not eligible to participate in this offer.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    Free green checking has no monthly fees to worry about.

    Early Account Termination Fee

    I couldn’t find any mention of an early account termination fee in their fee schedule, so I’m going to assume there isn’t one.

    Our Verdict

    Been awhile since we have seen a bonus from Ridgewood, last time it was $250-$350 but the requirements were more difficult and harder to keep fee free. This bonus seems relatively easy especially considering it’s for $300. Added to the best bank bonus page.

    Useful posts regarding bank bonuses:

    William Charles

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  • [CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, VT, VA, D.C., MD, FL, In Branch] Citizens Bank $700 Checking & Savings Bonus – Doctor Of Credit

    [CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, VT, VA, D.C., MD, FL, In Branch] Citizens Bank $700 Checking & Savings Bonus – Doctor Of Credit

    Offer at a glance

    • Maximum bonus amount: $700
    • Availability: CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, VT, VA, D.C., MD, FL
    • Direct deposit required: Yes, $500+
    • Additional requirements: See below
    • Hard/soft pull: Soft pull as long as you opt out of over draft protecton.
    • ChexSystems: Mixed data points
    • Credit card funding: None
    • Monthly fees: $9.99, avoidable
    • Early account termination fee: None
    • Household limit: None
    • Expiration date: 9/7/24

    The Offer

    Direct link to offer

    • Citizens Bank is offering a $700 bonus when you open a new checking & savings account. Bonus broken down as follows:
      • Open your first new personal checking account and set up and make at least one single direct deposit of $500 or more within 60 days of account opening
      • Open a savings account on the same day and earn a bonus of up to $600 (funds must be maintained until December 31, 2024):
        • $200 bonus: make a single or multiple deposits totaling $5,000
        • $400 bonus: make a single or multiple deposits totaling $10,000
        • $600 bonus: make a single or multiple deposits totaling $15,000

    The Fine Print

    • To Earn Bonus: To earn a $100 Checking bonus, open your first new personal checking account between 8/30/24 and 9/7/24 and have at least one single direct deposit of $500 or more post into your new checking account within 60 days of account opening. To earn a Savings bonus, open your first new personal savings account on the same date as the above new checking account (direct deposit not required) and have the required minimum total deposit (with money not currently on deposit with Citizens) post into your new savings account within 10 days of account opening and remains on deposit until date stated in the table below. Deposits between $5,000.00-$9,999.99 will receive a $200 bonus, or deposits between $10,000.00-$14,999.99 will receive a $400 bonus, or deposits equaling $15,000 or more will receive a $600 bonus.
    • To earn the total bonus up to $700, you must qualify for both the Checking and one of the Savings bonuses noted above. Qualifications: Primary signer on the new checking and savings accounts may not be or have been a signer on any Citizens personal checking or savings account within the previous six months.
    • Your new account(s) must have a balance greater than zero and remain open and active through the payout date stated in the table below to qualify for this offer.
    • Direct deposit is recurring income electronically deposited into your Citizens checking account and may include salary, pension, and other regular income. Certain forms of electronically deposited funds may not be considered eligible direct deposits, including those originating from peer-to-peer money transfer applications such as Zelle®, CashApp®, Venmo® or PayPal®. Eligibility: Customer will only be paid a one-time bonus for this program. Only one checking account and one savings account are eligible for a bonus.
    • Offers may be withdrawn without notice and cannot be combined with any other checking offer.
    • Offer eligibility is determined at Citizens’ sole discretion.
    • Payout: Bonus will be deposited to the new checking account by the date stated in the table below and will be labeled as “Balance Builder Bonus”. If your new checking account is closed prior to payout date stated in the table below, then your new savings account will also no longer be eligible for this offer.
    • Bonus will be reported to the IRS for income tax purposes.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    Need to sign up for online statements otherwise there is a $3 fee.

    Citizens Bank One Deposit Checking Account $9.99 Monthly Fee

    The One Deposit checking account comes with a $9.99 monthly fee. Fee is waived by making one deposit each statement period. (According to this comment they really do count any deposit – even a transfer from another Citizens Bank account will trigger this.)

    Early Account Termination Fee

    As far as we know there is no early account termination fee.

    Our Verdict

    Normally there is a $400 checking bonus, so this is an extra $300 if you max out the bonus. Basically need to tie the funds up for 3 months, if you put $15,000 into an account for 3 months that earned 5% you’d earn $187.5 so this bonus is worth doing if you can spare the $15,000 for that long. The smaller bonuses aren’t worth doing as you are better off sticking to the standard $400 checking bonus that is frequently available. We will add this to our list of the best bank account bonuses.

    Hat tip to reader Alex

    Useful posts regarding bank bonuses:

    William Charles

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  • [CT only] Savings Bank of Danbury $100-$300 Checking Bonus – Doctor Of Credit

    [CT only] Savings Bank of Danbury $100-$300 Checking Bonus – Doctor Of Credit

    Offer at a glance

    • Maximum bonus amount:$300
    • Availability: CT only
    • Direct deposit required: Depends on the bonus
    • Additional requirements: See below
    • Hard/soft pull: Soft pull
    • ChexSystems: Unknown
    • Credit card funding: Unknown
    • Monthly fees:
    • Early account termination fee: None found
    • Household limit: None listed
    • Expiration date:None listed

    The Offer

    Direct link to offer

    • Savings Bank of Danbury is offering a bonus of up to $300 when you open a new checking account with promo code Get123. Bonuses are as follows:
      • To qualify for the $100 cash bonus, you are required to open a new Priority Checking account and make 10 debit card transactions per month for two (2) consecutive months
      • To qualify for the $200 cash bonus you are required to open a new Priority Plus Checking account and have qualifying direct deposit(s) totaling $500 per month for two (2) consecutive months
      • To qualify for the $300 cash bonus you are required to open a new Priority Platinum Checking account and have qualifying direct deposit(s) totaling $500 per month for two (2) consecutive months

    The Fine Print

    • Minimum $50 to open a checking account.
    • This offer applies to new checking account customers.
    • New money is defined as money not currently on deposit with Savings Bank of Danbury.
    • New checking account customer is defined as anyone not having owned a checking account with Savings Bank of Danbury in the 180 days prior to taking advantage of this offer.
    • This offer is limited to one checking account per tax ID#.
    • Account must be opened and maintained in good standing for a period of 90 days from the opening date, (the introductory period) to qualify for each bonus.
    • An account is considered to be in “Good Standing” if the balance remains positive and no overdrafts are incurred.
    • To qualify for the $100 cash bonus, you are required to open a new Priority Checking account and make 10 debit card transactions per month for two (2) consecutive months.
    • To qualify for the $200 cash bonus you are required to open a new Priority Plus Checking account and have qualifying direct deposit(s) totaling $500 per month for two (2) consecutive months.
    • To qualify for the $300 cash bonus you are required to open a new Priority Platinum Checking account and have qualifying direct deposit(s) totaling $500 per month for two (2) consecutive months.
    • Qualifying direct deposits are regular, periodic automated clearing house (ACH) credits, which may include payroll, salary, pension or government payments (such as Social Security).
    • Transfers from another Savings Bank of Danbury deposit account do not qualify.
    • The maximum amount any customer can receive is $300.
    • Bonuses will be paid in the statement cycle following the first 90 days after qualifications have been met.
    • Promotion compensation is considered taxable income and an IRS-1099 form will be issued.
    • This offer is subject to change and to early termination without prior notice at any time.
    • Other fees and restrictions may apply. Savings Bank of Danbury employees and their immediate families are not eligible for this offer.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    • Priority Checking ($100 bonus). This account has no monthly fees
    • Priority Plus Checking ($200 bonus). This account has a $12 monthly fee that is waived with a $1,000 balance.
    • Priority Platinum Checking ($300 bonus). This account has a $20 monthly fee that is waived with a $2,000 balance.

    Early Account Termination Fee

    I wasn’t able to find any mention of any early account termination fee in the fee schedule.

    Our Verdict

    I think you either do the $100 bonus (to avoid the direct deposit requirement) or the $300 bonus as the $200 bonus seems a bit pointless (only advantage is it’s slightly easier to keep fee free). Last time we saw a bonus it was only for $150 so if you live in an eligible area I do think this one is worth doing and will add it to the best bank bonuses.

    Hat tip to reader Bockrr

    Useful posts regarding bank bonuses:

    William Charles

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  • [CT only] Union Savings Bank $250/$500 Business Checking Bonus – Doctor Of Credit

    [CT only] Union Savings Bank $250/$500 Business Checking Bonus – Doctor Of Credit

    Update 5/26/24: Deal is back until September 27, 2024 and significantly better as you only need to open a basic checking account for the $500 bonus.

    Offer at a glance

    • Maximum bonus amount: $250/$500
    • Availability: You must be a CT resident, or current USB customer, to apply online. If not CT resident, must apply in-branch.
    • Direct deposit required: No
    • Additional requirements: See below
    • Hard/soft pull: Soft pull
    • ChexSystems:  Unknown, Sensitive when applying online, not sensitive in branch
    • Credit card funding: None
    • Monthly fees: Avoidable
    • Early account termination fee: None listed
    • Household limit: None listed
    • Expiration date: November 20, 2021

    The Offer

    Direct link to offer

    • Union Savings Bank is offering a business checking bonus of up to $500. Bonuses are as follows:
      • $500 when you open a Basic Business checking account and complete the following requirements:
        • Have a minimum opening deposit of $100
        • Complete 15 or more qualifying electronic transactions
        • Minimum daily balance of $2,500 must be maintained for a 90-day period beginning on the 31st day after account opening

     

    The Fine Print

    • Receive a $250.00 bonus by opening a new Basic Business Checking account, with a minimum opening deposit of $100, and completing 10 or more qualifying electronic transactions. Minimum daily balance of $2,500 must be maintained for a 90-day period beginning on the 31st day after account opening. Qualifying electronic transactions must also occur during this same period.
    • Receive a $500.00 bonus by opening a new Business Relationship Checking account or a USB Advantage Business Checking account, with a minimum opening deposit of $100, and completing 10 or more qualifying electronic transactions. Minimum daily balance of $25,000 must be maintained for a 90-day period beginning on the 31st day after account opening. Qualifying electronic transactions must also occur during this same period.
    • Qualifying electronic transactions include debit card purchases, mobile deposits, ACH (credits or debits), wire transfers (debit or credits) and online bill payments.
    • Offer is valid from September 29, 2021 through November 20, 2021.
    • In order to be eligible, neither the business nor any of the authorized signers on the account may have an existing USB business checking account.
    • Limit one bonus per business and authorized signer.
    • Promotion may be canceled without notice
    • . Bonus amounts will be credited to checking account between March 1, 2022 and May 1, 2022, depending on the account opening date. Account must be open and in good standing to receive bonus.
    • The checking bonus is subject to 1099 IRS reporting requirements.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    Basic business checking ($500 bonus)

    This account has no monthly fee, if a $500 minimum daily balance is maintained.

    Business relationship checking ($500 bonus)

    This account has no monthly fee, if a $25,000 minimum daily balance is maintained.

    Early Account Termination Fee

    I wasn’t able to find any mention of an early account termination fee.

    Our Verdict

    Will add this to our list of the best business checking bonuses. Bonus is significantly better than before as you only need to open the basic savings account.

    Useful posts regarding bank bonuses:

    William Charles

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  • [NH, FL, MA, RI, CT, DE, NY, NJ, or PA, In Branch] Santander $500 Business Checking Bonus – Doctor Of Credit

    [NH, FL, MA, RI, CT, DE, NY, NJ, or PA, In Branch] Santander $500 Business Checking Bonus – Doctor Of Credit

    Offer at a glance

    • Maximum bonus amount: $500
    • Availability: NH, FL, MA, RI, CT, DE, NY, NJ, or PA, In Branch
    • Direct deposit required: No
    • Additional requirements: See below
    • Hard/soft pull: Soft pull
    • ChexSystems: Yes
    • Credit card funding: Up to $500 (not sure if possible in branch and if it is, likely to be a cash advance)
    • Monthly fees: $15, avoidable
    • Early account termination fee: $25, 90 days
    • Household limit: None
    • Expiration date: 7/30/24.

    The Offer

    Direct link to offer

    • Santander Bank is offering a bonus of $500 when you open a new checking account and complete the following requirements:
      • Use promo code BUS500Q124SEA
      • Maintain an average daily balance of $2,500

    The Fine Print

    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    Business checking has a $15 monthly fee.

    • Maintain $5,000 average daily balance in the checking account OR
    • Maintain $10,000 in combined business deposit account balances with same ownership5 OR
    • Have 3 or more purchases using a Santander® Business Debit Mastercard® post into your account OR
    • Receive one or more Santander Merchant Services payments in your account3 OR
    • Incur $50 or more in cash management service fees4.

    Early Account Termination Fee

    $25 if closed within 90 days

    Our Verdict

    Better than the previous $550 bonus as it’s easier to trigger the bonus. Downside to this is that it needs to be opened in branch. Still very much worth doing if you have a business and live in an eligible state so we will add this to our list of the best checking bonuses.

    Useful posts regarding bank bonuses:

    William Charles

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  • [MA & CT only] PeoplesBank (Bankatpeoples) $300 Checking Bonus – Doctor Of Credit

    [MA & CT only] PeoplesBank (Bankatpeoples) $300 Checking Bonus – Doctor Of Credit

    Update 3/30/24: Deal is back and valid until 5/5/24. Requires a direct deposit now so not worth considering. Hat tip to reader ShawntheShawn

    Update 11/4/23: Good through 11/8/23.

    Update 8/7/23: Deal is back and valid until 9/13/2023.

    Update 10/8/22: Deal is back and valid until 10/21/2022. Has also been increased to $350 from $250.

    Offer at a glance

    • Maximum bonus amount: $250
    • Availability: Offer available only to residents of Hampden/Hampshire/Franklin counties in Massachusetts and Hartford county in Connecticut
    • Direct deposit required: No
    • Additional requirements: See below
    • Hard/soft pull: Soft pull
    • ChexSystems: Unknown
    • Credit card funding: $500 per application
    • Monthly fees: None
    • Early account termination fee: 90 days, $15
    • Household limit: One
    • Expiration date: September 30th, 2020 10/21/2022

    The Offer

    Direct link to offer

    • PeoplesBank is offering a checking bonus of $300 when you open a new PeoplesBank checking account using promo code Simple300 and complete the following requirements:
      • Have a minimum of $1,500 in direct deposits within 60 days of the account open dat
    • Get an additional $150 with a $10,000 minimum daily balance or $300 with a $25,000 minimum daily balance (must remain for 90 days).

     

     

    The Fine Print

    • Customers who have received promotional payouts previously are not eligible. Cannot be combined with any other offer. Offer available in Hampden/Hampshire/Franklin counties of Massachusetts and Hartford/Tolland counties in Connecticut.
    • Minimum opening deposit of $10 required. The Free Checking account must be opened online at bankatpeoples.com/checking250 with the promotion code of Get250 by 9/30/2020.
    • To qualify for the offer you must perform 30 point of sale (POS) debit card transactions and have a minimum of $2,000 in aggregate of mobile deposits and/or direct deposits to the new account within 60 days from the account open date.
    • Although not all debit card POS transactions appear in your account immediately or may appear as ‘pending’ due to merchant processing times, these transactions will count toward the total POS debit card transactions.
    • Qualifying direct deposits are electronic deposits (such as salary, pension, Government Benefits or other monthly ACH deposits) made into your PeoplesBank Free checking account from third parties.
    • If you meet the criteria you will receive $250 in your account within four (4) weeks from meeting the criteria.
    • Customers who have had an open PeoplesBank checking account within 12 months of new account opening are not eligible for the offer.
    • PeoplesBank associates are not eligible.
    • Personal accounts only.
    • Limit of one promotional account per household.
    • Cannot be combined with any other offer.
    • Offer available only to residents of Hampden/Hampshire/Franklin counties in Massachusetts and Hartford county in Connecticut. Offer subject to change without notice.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    The free checking account has no monthly fees to worry about

    Early Account Termination Fee

    According to comments on previous bonuses there is an  early account termination fee of $15 if the account is closed within 90 days.

    Our Verdict

    Previous bonus was $400. Might be better to wait for that offer to return, but before that bonus the best bonus was $300 with a direct deposit. We will add this to our best bank bonus page even though we’ve seen that bigger bonus in the past.

    Useful posts regarding bank bonuses:

    William Charles

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  • [CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, VT, VA, D.C., MD, FL] Citizens Bank $300 Savings Bonus – Doctor Of Credit

    [CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, VT, VA, D.C., MD, FL] Citizens Bank $300 Savings Bonus – Doctor Of Credit

    Offer at a glance

    • Maximum bonus amount: $300
    • Availability: CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, VT, VA, D.C., MD, FL
    • Deposit required: $15,000
    • APY: 0.07% APY
    • Hard/soft pull: Soft pull as long as you opt out of over draft protecton.
    • ChexSystems: Mixed data points
    • Credit card funding: None
    • Monthly fees: Avoidable
    • Early account termination fee: None
    • Household limit: None
    • Expiration date: 4/16/24

    The Offer

    Direct link to offer

    • Citizens Bank is offering a $300 bonus when you open a new savings account and complete the following requirements:
      • Deposit a minimum of $15,000 not already on deposit with Citizens within 10 days of account opening and maintain balance until:
        • June 30, 2024 for accounts opened in March
        • July 31, 2024 for accounts open in April
      • You must also have an existing Citizens Quest Checking account or open a new Citizens Quest Checking account between 3/26/24 and 4/16/24

    The Fine Print

    • To earn a $300 bonus, open your first new savings account between 3/26/24 and 4/16/24 and have a minimum of $15,000 not already on deposit with Citizens post within 10 days of account opening and remains on deposit until date stated in the table below.
    • You must also have an existing Citizens Quest Checking account or open a new Citizens Quest Checking account between 3/26/24 and 4/16/24.
    • Qualifications: Primary signer on the new savings account may not be or have been a signer on any Citizens personal savings account within the previous six months.
    • Your new savings account and your new or existing checking account must have a balance greater than zero and remain open and active through the payout date stated in the table below to qualify for this offer.
    • Eligibility: Customer must open their first new savings account via Citizens’ online account opening system accessed by clicking on one of the links on this page.
    • Customer should print this screen for their records. Customer will only be paid a one-time bonus for this program. Only one savings account is eligible for a bonus. Offers may be withdrawn without notice and cannot be combined with any other savings offer. Offer eligibility is determined at Citizens’ sole discretion. Payout: Bonus will be deposited to the checking account by the date stated in the table below and will be labeled as “Balance Builder Bonus”. If your checking account is closed prior to payout date stated in the table below, then your new savings account will also no longer be eligible for this offer. Bonus will be reported to the IRS for income tax purposes.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    This account has no monthly fee as long as you have a Quest checking account.

    Early Account Termination Fee

    As far as we know there is no early account termination fee.

    Our Verdict

    You can get a $400 checking bonus if you don’t already have a checking account with Citizens Bank. Just keep in mind you need a Quest checking account and that’s more difficult to keep fee free. At minimum you’d need the funds in the account for 3 months, this works out to be an annualized return of 8%. Slightly better than high yield savings accounts but probably not worth it for most people due to the harder to keep fee free account.

    Hat ti to Phil P

    Useful posts regarding bank bonuses:

    William Charles

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  • [CT only] Union Savings Bank $600 Checking + Savings Bonus – Doctor Of Credit

    [CT only] Union Savings Bank $600 Checking + Savings Bonus – Doctor Of Credit

    Offer at a glance

    The Offer

    Direct link to offer

    • Union Savings Bank is offering a bonus of up to $600 when you open a new checking account. There are two options:
      • Open an essential checking account and receive a bonus of up to $100. Bonus is broken down as follows:
        • Get $50 if you make one qualifying direct deposit within 90 days of account opening
        • Get $50 when you open a USB debit card and make 10 debit card purchases within 90 days of account opening
        • Get $50 when you open an Essential Savings Account at the same time as the checking account, and maintain a $500 average balance or more for 90 days from the date of account opening
      • Open an access checking account and get a bonus of up to $250. Bonus is broken down as follows:
        • Get $300 if you make one qualifying direct deposit within 90 days of account opening
        • Get $300.00 when you open a companion Access Savings account at the same time as the checking account and maintain an average balance of $15,000 or more for 90 days from the date of account openin

    The Fine Print

    • To receive up to $150 bonus, open a new Essential Checking account (subject to approval) and deposit $25 or more at account opening; or open a new Core Checking account (subject to approval) and deposit $10 or more at account opening. Get $50.00 if you make one qualifying direct deposit within 60 days of opening the account; and/or get $50.00 when you open a USB Debit Card and make 10 debit card purchases (signature or PIN) within 60 days of opening the account. ATM transactions do not qualify. Qualifying direct deposits include recurring electronic deposits of payroll, pension or Social Security. Person-to-person, bank transfers or other electronic money transfers, such as those made through internet payment services, do not qualify. Additionally, get $50 when you open an Essential Savings Account at the same time as the checking account, and maintain a $500 average balance or more for 90 days from the date of account opening. New USB savings customers only. 
    • To receive up to $600 bonus, open a new Access Checking account (subject to approval) and deposit $50 or more at account opening. Get $300.00 if you make one qualifying direct deposit within 60 days of opening the account. Qualifying direct deposits include recurring electronic deposits of payroll, pension or Social Security. Person-to-person, bank transfers or other electronic money transfers, such as those made through internet payment services, do not qualify. Additionally, get $300.00 when you open a companion Access Savings account at the same time as the checking account and maintain an average balance of $15,000 or more for 90 days from the date of account opening. New USB savings customers only. 
    • Offer is valid from February 15, 2024 through April 30, 2024. New USB personal checking customers only. Limit one per household. Promotion may be canceled without notice. Bonus amounts will be credited to checking and/or savings account between April 15, 2024, and August 15, 2024, depending on the date you open the account. Account must be open and in good standing to receive bonus. Bonuses are subject to 1099 IRS reporting requirements. Employees of Union Savings Bank are not eligible.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    Essential Checking $100 Bonus

    This account has no monthly service fee to worry about.

    Access Checking $150 Bonus

    This account has a monthly service fee ($20), this is waived if you do any of the following:

    • maintain a minimum balance of $5,000
    • combined deposit balances of $25,000, or
    • combined deposit and loan balances of $50,000. Loan balances include consumer and mortgage loans.

    Early Account Termination Fee

    I wasn’t able to find any mention of an early account termination fee.

    Our Verdict

    The $300 savings bonus works out to be an APY of 8%+ so worth doing compared to other savings accounts. Checking bonus is good as well and better than what is normally offered. We will add this to our list of the best bank account bonuses.

    Hat tip to Quinn

    Useful posts regarding bank bonuses:

    William Charles

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  • TD Bank $300 Checking & $200 Savings [CT, DC, DE, FL, MD, ME, MA, NC, NH, NJ, NY, PA, RI, SC, VT, & VA] – Doctor Of Credit

    TD Bank $300 Checking & $200 Savings [CT, DC, DE, FL, MD, ME, MA, NC, NH, NJ, NY, PA, RI, SC, VT, & VA] – Doctor Of Credit

    Update 2/21/24: You can now also get a $60-$75 Swagbucks or MyPoints bonus on top of the $200/$300 TD bonus. (ht t0 reader Dylan)

    Offer at a glance

    • Maximum bonus amount: $500
    • Availability:CT, DC, DE, FL, MD, ME, MA, NC, NH, NJ, NY, PA, RI, SC, VT, & VA
    • Direct deposit required: Yes, $500+ for $150 bonus or $2,500 for $300 bonus
    • Additional requirements: See below
    • Hard/soft pull: Soft
    • ChexSystems: Unknown
    • Credit card funding: Up to $1,000 (a lot of cards process as cash advance)
    • Monthly fees: Up to $25, waive-able
    • Early account termination fee: Six months, bonus forfeit
    • Household Limit: None mentioned
    • Expiration date: March 13th, 2019 May 8th, 2019 September 18th, 2020 March 31, 2021

    The Offer

    Direct link to offer

    • TD Bank is offering a bonuses of up to $500, bonuses are broken down as follows:
      • $300 Premier Checking Bonus
        • Open Premier checking account and make $2,500 in direct deposits within the first 60 days
      • $150 Convenience Checking:
        • Open Convenience checking account and make $500 in direct deposits within the first 90 days
      • $200 Simple/Beyond Savings Bonus:
        • Deposit $10,000 or more in new money within 20 days and maintain that balance for 90 days

     

    The Fine Print

    • Customers who received a bonus on a prior checking and/or savings account do not qualify.
    • One checking and/or savings bonus per Customer and cannot be combined with any other offer. Customers who received a bonus on a prior checking and/or savings account do not qualify
    • $300 bonus offer available to eligible new personal checking Customers when opening a TD Beyond Checking account with cumulative direct deposit funds of $2,500 or more into the new checking account within 60 days of account opening.
    • $150 bonus available to eligible new personal checking Customers when opening a TD Convenience CheckingSM account with cumulative direct deposit funds of $500 or more into the new checking account within 60 days of account opening.
    • Qualifying direct deposits include your paycheck, pension, government benefits (such as Social Security), or other eligible regular monthly income from your employer or the government electronically deposited into your checking account.
    • Person-to-person and bank transfers between your TD Bank accounts or accounts you have at other financial institutions or brokerages do not qualify.
    • Savings offer is available to new personal savings Customers who do not have an existing or prior personal savings or money market account at TD Bank within the preceding 12 months and complete the required qualifying criteria.
    • $200 bonus offer available to eligible new personal savings Customers who open a TD Preferred Savings or TD Simple Savings account (CDs, IRAs and Money Market accounts excluded) and deposit $20,000 or more in new money within 20 calendar days of account opening and maintain a minimum daily balance of $20,000 for at least 90 days from the date the deposit requirement is met. New money is funds that are not currently held in a TD Bank retail deposit account. Broker, municipal, commercial and small business deposits are not included.
    • Once the offer criterion is met, the bonus will be credited to the new personal checking and/or personal savings account no later than 140 days from account opening. Account(s) must remain open, active, in good standing and in the same product type through the qualifying period to receive the bonus.
    • If either checking or savings account is closed by the Customer or TD Bank within 6 months after account opening, TD Bank does reserve the right to deduct the bonus amount from that account at closing.
    • TD Bank may issue you an IRS Form 1099-MISC, or other appropriate forms reporting the value of the bonus.
    • Offer may be withdrawn at any time and is subject to change.
    • One bonus per account per Customer and cannot be combined with any other offer.
    • In the event any of the above-mentioned checking or savings accounts are no longer for sale, offer is transferable to an equal tier account. TD Bank employees and Canadian cross-border banking Customers are not eligible.

    Avoiding Fees

    TD Convenience Checking $15 Monthly Fee

    This is waived if you have a minimum daily balance of $100.

    TD Premier Checking $25 Monthly Fee

    This is waived if you have a minimum daily balance of $2,500.

    TD Beyond Savings $15 Monthly Fee

    This account has a $15 monthly fee, this is waived if you have a $20,000 minimum daily balance.

    TD Simple Savings $5 Monthly Fee

    This account has no monthly fee for the first year and after that period a $5 fee is charged if a monthly minimum of $300 or less.

    Early Account Termination Fee

    In their online fee schedule, there is no mention of an early account termination fee. The fine print does say the accounts need to be kept open for 6 months or the bonus is forfeit though.

    Our Verdict

    Previously this was targeted, now it’s available in selected states. In fact you can do this bonus even if you’ve done a TD Bank bonus before (new terms added mean this is no longer possible). Savings bonus should be worth doing as you only need $10,000 in the account for 90 days and no monthly fee to worry about in the first year. That works out to be an effective interest rate of 8%+. The checking bonus is also worth doing.

    I’d recommend doing this ASAP as it’s the best bonus we’ve seen from TD Bank and it also seems like they are letting people do it again. We’ve never seen that before either so I’d be worried they will pull this bonus early. We will add this to our list of the best bank account bonuses.

    Useful posts regarding bank bonuses:

    Post history:

    • Update 2/10/24: Extended until February 29, 2024
    • Update 1/2/24: Offer ends January 31, 2024
    • Update 11/30/23: Extended until 12/31/23.
    • Update 11/13/23: Extended until November 30, 2023.
    • Update 11/2/22: Deal is back and valid until October 31, 2023. Savings bonus only requires $10,000 instead of $20,000.
    • Update 3/27/22: Extended until October 31st, 2022.
    • Update 3/4/21: Extended until March 31st, 2022.
    • Update 8/2/21: Extended until Nov. 30 2021.
    • Update 4/10/21: Offer extended to August 3, 2021. Hat tip to reader AC
    • Update 3/21/21: Terms now state ‘Customers who received a bonus on a prior checking and/or savings account do not qualify.’ again.
    • Update 3/19/21: Terms have changed again and bonus is churnable:
    • New terms: Checking offer is available to new personal checking Customers who do not have an existing or prior personal checking account at TD Bank within the preceding 12 months
    • Old terms: Customers who received a bonus on a prior checking and/or savings account do not qualify. Hat tip to reader Dinu D
    • Update 1/21/21: Deal is back and with the savings bonus. Hat tip to redditgirl313
    • Update 1/12/21: Savings bonus no longer being offered.
    • Update 11/27/20: There is a link without any targeted language. It does say it’s an affiliate link, it’s not our affiliate link (not sure who it belongs to) but worth keeping in mind. Hat tip to Yun
    • Update 9/19/20: Deal is back, but contains the following targeted language again (emphasis mine) ‘Offer is valid through November 20, 2020, for those who received a promotional email or mailer.’
    • Update 7/26/20: Deal is back, doesn’t contain targeted language any longer. In addition it seems possible to get this bonus if you’ve had a TD Bank account before. Normally it states ‘who do not have an existing or prior personal checking account at TD Bank’, this bonus states ‘…offer is available to new personal checking Customers who do not have an existing or prior personal checking account at TD Bank within the preceding 12 months and complete the required qualifying criteria’. Hat tip to reader Michael L.
    • Update 2/5/20: Deal is back and valid until March 23rd, 2020. Still targeted.
    • Update 10/31/19: Deal is back and valid until December 31st, 2019. Hat tip to DDG
    • Update 7/11/19: Deal is back and valid until 8/21
    • Update 3/21/19: Offer is back and valid until May 8th, 2019. Still targeted unfortunately. Hat tip to readers Amish M &

    William Charles

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