Available for residents of Virginia, Burke & Herbert Bank is offering a generous $100 bonus when you sign up and open a new Savings Account with direct deposit by December 31, 2018 and minimum opening deposit of $50. To qualify for the bonus, all you would need to do is set up recurring direct deposits totaling $100 or more per month, for 6 consecutive months. You will receive 1% of your average quarterly savings account balance up to $100 on June 30, 2019.
Once you have met the requirements, you will be able to enjoy great account features such as online banking, wealth services, rewards merchants, and so much more! If you are currently interested, be sure to head on over to your local branch as soon as you can!
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Burke & Herbert Bank Checking Account Summary:
- Apply Now
- Account Type: Savings Account
- Maximum Bonus: $100 Bonus
- Availability: VA (Bank Locator)
- Expiration Date: 12/31/2018
- Soft/Hard Pull: Soft Pull or Hard Pull?
- Credit Card Funding: Unknown, let us know
- Direct Deposit Requirement: Yes, $100+ for 6 consecutive month
- Additional Requirements: See below
- Avoid Monthly Fee: $2, can be waived if you maintain an average minimum balance of $100
- Early Termination Fee: The account must be open until June 30, 2019.
Burke & Herbert Bank Checking Requirements:
- Open a Savings account from Burke & Herbert Bank by December 31, 2018 with a minimum opening deposit of $50.
- Establish a recurring direct deposit of $100 or more for 6 consecutive months.
- Keep the account open until June 30, 2019 and you will receive 1% of your average quarterly savings account balance up to $1,000.
Burke & Herbert Bank Bonus Fine Print:
- Recurring direct deposits or transfers are those set up to occur automatically at a pre-determined frequency.
- The offer applies to personal savings account customers who do not have a recurring direct deposit/transfer established as of September 10, 2018.
- The Auto-Save Bonus of 1% up to a maximum of $100 will be calculated using your average quarterly savings account balance as of June 30, 2019.
- The Bonus will be credited to your account by July 31, 2019.
- Accounts closed prior to the payment of the Bonus will forfeit the Bonus.
Conclusion:
If you are currently a resident of Virginia and are currently interested in a new banking experience, then the promotion from Burke & Herbert Bank is a great bet for you! For a limited time, all you would have to do is meet a few simple requirements and you could be well on you way to enjoying a generous bonus as well as great account features to better your banking experience. Additionally, you will be able to take advantage of the best service the bank has to offer. However, if this is not for you, be sure to check out our complete list of Bank Deals for all your banking needs!