Camden National Bank is offering $300 to customers who open a new personal checking account. The bonus is no longer tiered based on which account you open, as either the Rewards or Premier Checking account will net you the same bonus and the requirements stay the same: direct deposits totaling $500.
This is a pretty solid offer considering the easy requirement, and the fact that the account fees are pretty easily waived even for Premier Checking.
If you live in Maine or New Hampshire, definitely check it out!
How To Earn The Bonus
The Camden National 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
- You must be an individual of at least 18 years of age.
- The primary owner of the account must have a Maine or New Hampshire address.
- You may not be or have been an owner of a Camden National Bank consumer checking account during the last twelve (12) months prior to opening this account.
- Qualifying direct deposits are from your payroll, pension or government benefits, such as Social Security.
- Account bonuses are reported to the IRS as interest income.
- Account must be open, active and not overdrawn at the time the bonus is made.
- Overdrawn includes any utilization of any Progressive Pay amount that may be available to you.
- One bonus payment per account or individual.
- This cannot be combined with any other offer.
- Employees of Camden National Bank or its affiliates are excluded from this offer.
- Limited-time offer, subject to change.
Open a Personal Checking account before the bonus expires on May 23, 2025
How does this personal checking offer from Camden National Bank compare?
To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:
HSBC
HSBC Premier
- Bonus
- up to $3000
- Account Type
- Personal Checking
- Expires In
- 6 days
- Requires
- Min Balance
TD Bank
Beyond Checking
- Bonus
- $300
- Account Type
- Personal Checking
- Expires In
- 67 days
- Requires
- Direct Deposit
Truist
Truist One Checking
- Bonus
- $400
- Account Type
- Personal Checking
- Expires In
- 67 days
- Requires
- Direct Deposit
Why Camden National Bank?
Rewards Checking
With Rewards Checking, you earn a flat $0.10 cash back every time you use your debit card. Unless you make frequent, small debit card purchases regularly, that's not as compelling a reward as a percentage-based program, but it probably adds up to a cup of coffee each month.
The Rewards Checking account also gives you up to $10 in ATM rebates each month, and a break on closing costs if you open a mortgage with Camden National Bank.
Fees
Rewards Checking does charge a monthly maintenance fee of $5, but there are ways to get this waived:
- Maintain an average daily balance of $500.
Premier Checking
Premier Checking is the premium checking account from Camden National Bank. With it, you'll earn interest on balances over $2,500, along with preferred rates on CDs, loans, safe deposit boxes, and reduced closing costs for any mortgages.
Compared to Rewards Checking, which limits your ATM rebates to $10 each month, Premier Checking offers unlimited reimbursements.
Like all of the checking accounts at Camden National Bank, the account has a $25 opening deposit requirement.
Fees
Premier Checking does charge a monthly maintenance fee of $20, but there are ways to get this waived:
- Maintain an average daily balance of $2,500.
- OR, maintain a cumulative balance of $25,000 across all deposit accounts.
Apply now for a Personal Checking account to earn the $300 bonus offer
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