[Expired] Webster Bank, $350 Business Checking Account Bonus (MA)

September 27, 2017

Webster Bank has brought back a great bonus for business checking account. You can get $350 but accounts must be opened in branch in MA.

Offer Requirements

To get $350 bonus, business customer must qualify for the account and complete either of the following by 12/22/2017:

1) make cumulative deposits of $5,000 or more OR
2) complete a total of 6 deposits.

Account must be in good standing at the time of payment. All funds will be transferred into the newly established checking account by 02/05/2018.

Amounts will be reported to the IRS, and customer is responsible for any applicable taxes.

Eligibility

Offer is available to residents of NY, MA, RI and CT only.

Promotion valid for new Webster Complete Business Checking and Webster Business Value Checking accounts opened between 09/05/2017 and 11/10/2017 at Webster Banking Centers located in Boston, Cambridge, Newton, Lexington, Needham, Burlington, Brookline, Wellesley and Quincy.

To be eligible, the primary business customer must not have had an open checking account since 02/01/2017 at Webster Bank.

Fees

Make your Webster Business Value Checking account free by maintaining a $2,500 monthly average balance or be the primary owner of a Personal Premier Checking account. Otherwise pay a monthly service charge of $11.95.

Guru’s Wrap-Up

This is a great bonus if you live in MA close to Webster Bank branches. The requirements are very easy for such a large bonus and you can keep the account fee free with $2,500 monthly average balance.

You can actually earn up to $850 through this offer, but to get the rest of the bonus, you’ll need to sign up for business services that are not worth it, unless you need them for your business.

If this bonus is not for you, then you can check our full list of available bank bonuses.