Residents of Massachusetts who lives near the Danvers branch location will be able to take advantage of the current $300 bonus from Beverly Bank when you sign up and open a new Consumer Checking Account along with a Consumer Money Market Account with direct deposit. To obtain the generous bonus, all you would need to do is to meet the necessary requirements that comes with each accounts and once that is completed, you will gain access to a host of features to better your banking experience as well as an attractive 1.30% APY for a 6-Month Money Market rate. If you are interested in this combined offer, be sure to head on over to the Danvers branch as soon as you can to start your new account experience!
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Beverly Bank Checking Account Summary:
- Apply Now
- Account Type: Consumer Checking Account + Consumer Money Market Account
- Maximum Bonus: $300
- Availability: 29 Elm Street, Danvers Branch, MA
- Expiration Date: Limited time offer
- Soft/Hard Pull: Soft Pull or Hard Pull? Please Let Us Know
- Credit Card Funding: Unknown
- Direct Deposit Requirement: Direct Deposit is Required
- Initiate and maintain a direct deposit with a minimum of $500 in direct deposits per month
- Additional Requirements: listed below
- Monthly Fee:
- Now Checking: To avoid maintenance and activity charges simply maintain a daily balance of $500.
- Cooperative Checking: When you maintain an average monthly balance of just $100, you are free from any monthly service charges or fees.
- Early Termination Fee: Checking account must remain open and active for a minimum of three months for bonus eligibility.
Beverly Bank Checking Bonus Requirements:
- Visit the Danvers Beverly Bank branch and open a new Consumer Checking Account.
- Must complete the following:
- Must initiate and maintain a monthly payroll OR benefit check direct deposit
- Enroll in E-statements
- Apply for a debit card and complete a minimum of 15 debit transactions per month over a 3 month period
- Register for online banking and use Billpay with a minimum of 3 bill payments per month.
- The $100 will be deposited into your new account on the 120th day after account opening unless the terms are not met on that day.
Beverly Bank Money Market Requirements:
- Minimum daily balance of $25,000 in Money Market (MM) required to open account and obtain 1.30% APY. Must be opened with a checking account with specified services to receive 1.30% APY. $250,000 maximum balance
- The minimum balance to obtain APY is $10
Beverly Bank Checking Account Features:
- Unlimited check writing
- First order of basic checks
- Online banking and bill pay
- eStatements
- Mobile banking
- No charges for ATM transactions
- MasterMoney debit card
- Overdraft protection with your linked Statement Savings account
- Other overdraft protection services include an overdraft line of credit; ask for details
- Offers one of the highest APY rate available
Conclusion:
At the end of the day, one of the most important thing for Beverly Bank is to find ways for you to save money while still getting the best service available. With the current combined promotion, you are able to get a checking account as well as a money market account in one opening! On top of all the features the checking account offers you, you will also be able to earn even more over time with the attractive 1.30% APY. With more to offer for less than you think, there should be no reason to not sign up! However, if you are not currently interested, be sure to check out our complete list of Bank Deals for all your banking needs!
 With the American Express® High Yield Savings Account: • Earn 1.90% APY as of 9/15/22 on your deposits. Your High Yield Savings account earns interest daily and is posted to your account monthly. • Links easily with your current bank accounts. No need to switch banks. • FDIC Insured. Your account is insured to at least $250,000 per depositor. • 24/7 Account Access |
