Eastern Bank, $350 Checking Account Bonus (MA, NH, ME, RI)

May 24, 2024

Eastern Bank Checking Account Bonus

Eastern Bank is offering a bonus of $350 for new checking accounts. Direct deposit is required for this bonus. The offer is available in MA, NH, ME and RI only. Check out the details of this bonus below.

Offer Details

To o qualify for the incentive, you must open an Eastern Bank personal checking account and have two or more payroll, pension or government benefits direct deposits totaling the amounts noted in the table below post to your new checking account within the first 90 calendar days of the account opening date.

The amount of the incentive paid will be based on two or more qualifying direct deposits, totaling the amounts listed below, posted to your account within the first 90 calendar days of the account opening date:

$200 bonus: Cumulative direct deposits of $1,000-3,999.99
$350 bonus: Cumulative direct deposits of $4,000 or more

Incentives for qualified accounts will be deposited into customer’s account no later than 30 calendar days after confirmation that the account has met all the requirements. No incentive will be paid if the account is closed on the date, we attempt the deposit.

Customer will receive a 1099 form for this incentive. Please consult your tax advisor regarding the tax implications of this offer. Other qualifications and restrictions may apply.

Eligibility

This offer is valid for new consumer checking account customers only. New customers are primary signers who have not had a consumer checking account with Eastern Bank or any bank merged into Eastern Bank since April 29, 2022.
Only one incentive per customer and one incentive per household as defined by a common address.
Primary signer must reside in MA, NH, ME or RI.
Customer must be age 18 or older.

Account Fees

Eastern Free Checking Account has no monthly fees and no monthly balance requirement.

Guru’s Wrap-Up

We have seen better bonuses in the past from Eastern Bank, but is a decent offer that can earn you up to $350 if you’re in one of the eligible states. I don’t have much information about this bank personally, so if anyone has any experience with them, please let me know.

Bank bonuses can be quite lucrative, and many of these offers can be done from the comfort of your home. You can take a look at my bank bonus results for 2022 where I made over $6,000. 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.