[Expired] Camden National Bank Bonus, Get $150 with New Checking Account (ME, NH)

April 18, 2020

Camden National Bank Bonus, Get $150 with New Checking Account (ME)

Camden Nation Bank is offering a $150 bonus for new checking accounts in Maine and New Hampshire. This Camden National Bank bonus requires direct deposits and it takes 12 months to get the full $150. But there’s no monthly fees to worry about.

Offer

To get this $150 bonus you must open a new Promise Rewards Checking account ($25 minimum opening deposit) between January 27, 2020 – April 30, 2020. Then the bonus comes in three parts:

Make 10 debit card point-of-sale transactions that post and clear your account in the 2nd statement cycle, get a $50 bonus within 60 days of meeting requirements.
If you have direct deposits totaling $500 or more of your payroll, pension or government benefits, such as Social Security, during the 6th statement cycle, a $50 bonus will be paid within 60 days following your 6th statement cycle.
If you have direct deposits totaling $500 or more during the 12th statement cycle, a final $50 bonus will be paid within 60 days following your 12th statement cycle.

To be eligible for cash-back rewards, you must sign up for eStatements and have direct deposits totaling $500 or more, of your payroll, pension or government benefits, such as Social Security. If you’re enrolled in eStatements, at the end of each statement cycle you will be paid a $0.20 cash-back reward for every qualifying debit card purchase and direct deposit that posts to and clears your account until 4/30/2020, after which you will earn $0.10 cash-back rewards. Account bonuses and rewards are reported to the IRS as interest income. Account must be open and active to earn bonus and rewards. Cash-back rewards limited to $30 per statement cycle.

Eligibility

You must be a Maine resident at account opening.
No signer on the account may be, or have been a signer on a Camden National Bank consumer checking account within the past 12 months.

Fees

Promise Rewards checking has no monthly fees if you enroll in eStatements.

Guru’s Wrap-Up

The bonus is limited to Maine only and now has more requirements than in the past. You need to complete 10 debit transactions and then a $500 direct deposit in the 6th statement cycle and then the 12th statement cycle. There’s no fees for the Promise Rewards checking account though, as long as you sign up for eStatements.

If this bonus is not for you, then you can check our full list of available bank bonuses. And, if you’re new to bank account bonuses, you can learn more about churning bank accounts here.