If you're located in Connecticut (and select NY counties), Newton Savings Bank is offering an easy $350 welcome bonus for opening a new Flagship Checking account.
The bonus requires you to set up direct deposit, but this time around there is a minimum requirement on the amount of that deposit. Don't worry, it's only $1,500!
Keep in mind that this account has a monthly fee, and you'll need to maintain a $2,500 balance to get that waived. If you can't or don't want to do that, Newton Savings is also offering $150 for opening their Free Checking account.
How To Earn The Bonus
The Newtown Savings Bank Flagship Checking promotion requires you to set up eligible direct deposits in order to earn the $350 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
- All account holders must be new checking account customers (must not have had an open personal Newtown Savings Bank checking account within a 12-month period).
- If your checking account or statement savings are closed within 90 days after promotion end date, the bonus amount (s) will be deducted at closing.
- A qualifying direct deposit is salary, pension, Social Security, or other regular monthly income, electronically deposited through the Automated Clearing House (ACH) network by your employer or an outside agency.
- Non-qualifying direct deposits for purposes of this offer include transfers from one account to another (for example, transfers between your own accounts, or person-to-person transfers using a transfer service such as Venmo or Zelle®), or deposits made at a branch or ATM, or through mobile deposit.
Open a Flagship Checking account before the bonus expires
How does this personal checking offer from Newtown 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:
Why Newtown Savings Bank?
Flagship Checking
Fees
Flagship Checking does charge a monthly maintenance fee of $25, but there are ways to get this waived:
- Maintain a minimum balance of $2,500.
- OR, maintain a $20,000 combined daily balance in all deposit accounts, including CDs.
Apply now for a Flagship Checking account to earn the $350 bonus offer
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