Available in the NorthEast, Cambridge Savings Bank is offering a $300 welcome bonus when you open a new personal checking account and set up direct deposit. That's it. As long as you can maintain a $1,000+ direct deposit for 3 consecutive months you're golden.
How To Earn The Bonus
The Cambridge Savings Bank Personal Checking promotion requires you to set up eligible direct deposits in order to earn the $300 bonus (step-by-step breakdown is listed above!).
As with any offer, don't forget to read the fine print before opening your new account. It's where the bank will clearly state who is eligible for the deal along with any nuances you'll want to be aware of.
The fine print
- For example, a qualifying account type opened and funded during the month of March must complete the requirements in the months of April, May, and June to qualify for the credit.
- Qualifying direct deposits are electronic deposits of your paycheck, pension, or government benefits from your employer or the government.
- You must not currently have a Cambridge Savings Bank Personal Checking Account or have had one in the last 12 months.
Open a Personal Checking account before the bonus expires on June 30, 2025
How does this personal checking offer from Cambridge Savings Bank compare?
To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:
Truist
Truist One Checking
- Bonus
- $400
- Account Type
- Personal Checking
- Expires In
- 33 days
- Requires
- Direct Deposit
BMO
Personal Checking
- Bonus
- $350*
- Account Type
- Personal Checking
- Expires In
- 35 days
- Requires
- Direct Deposit
TD Bank
Beyond Checking
- Bonus
- $300
- Account Type
- Personal Checking
- Expires In
- 94 days
- Requires
- Direct Deposit
Why Cambridge Savings Bank?
Performance Plus
Performance Plus is Cambridge Savings' top account for those that maintain higher balances. You'll get free money orders/treasurer's checks, unlimited ATM surcharge refunds, discounts on loan products, bonus tiers on High-Yield Money Market accounts and more.Fees
Performance Plus does charge a monthly maintenance fee of $20, but there are ways to get this waived:
- Maintain average monthly combined deposit balances, and consumer loan balances, excluding mortgage balances, are $10,000 or greater.
Performance
With Cambridge's Performance Checking account, receive up to $12 in monthly ATM surcharge refunds and your first batch of checks free.Fees
Performance does charge a monthly maintenance fee of $10, but there are ways to get this waived:
- Maintain an average monthly balance in your checking account of $1,000 or more
- OR, Maintain average monthly combined deposit balances in checking, savings, money market, CD and IRA balances of $2,500 or more
Simple
As the name suggests, Simple Checking is a no frills checking account.Fees
Simple does not charge a monthly maintenance fee.
Apply now for a Personal Checking account to earn the $300 bonus offer
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