Find an updated list of Eastern Bank bonuses, promotions, and offers here.
Update 9/30/24: You can currently earn a $200 or $350 bonus when opening a new checking account valid through 10/28/24.
Eastern Bank Bonuses Review
Eastern Bank is headquartered in Boston, Massachusetts, and was founded in 1989. Since then they have grown to 92 locations and have an A health rating. They serve and helping our customers, communities, and employees thrive and grow.
I’ll go over all Eastern Bank bonuses & offers below.
Eastern Bank Up to $350 Checking Bonus
Eastern Bank is offering up to a $350 bonus when you open a qualifying checking account and meet the requirements.
- What you’ll get: Up to $350 Bonus
- Eligible account: Checking Account
- Where it’s available: MA, NH, ME, RI (Bank Locator)
- Credit Inquiry: Soft Pull
- Direct Deposit Required:
- Monthly Fee:
- How to earn it:
- Open an Eastern Bank personal checking account
- Have two or more direct deposits totaling the following amounts to get the corresponding bonus:
- $1,000-$3,999.99 to earn $200
- $4,000 or more to earn $350
(Expires 10/28/2024)
Editor’s Note: Here’s an alternative link to the offer.
| Chase Private Client ($3,000 Bonus) | Fifth Third Preferred Checking ($375 Bonus) |
| KeyBank Checking ($300 bonus) | HSBC Premier Checking (Up to $2,500 Cash Bonus), |
Fine Print
- A minimum opening deposit of $25 is required for Eastern Free Checking, $50 for Eastern eZ Checking or $500 for an Eastern Premier Checking account. To qualify for the incentive, you must open an Eastern Bank personal checking account between 09/21/2024 and 10/28/2024, and have two or more recurring electronic payroll, pension or government benefit direct deposits totaling the amounts noted in the table below post to your new checking account within the first 90 calendar days of the account opening date. Electronic credits (other than payroll, pension, or government benefits) such as person-to-person payments, self-initiated transfers between your accounts at Eastern Bank and other institutions or brokerages (including pension accounts), and payments through third parties such as PayPal or eBay do not qualify as a direct deposit. Incentive amount will vary.
- This offer is valid for new consumer checking account customers only. New customers are primary signers on the new account who have not had a consumer checking account with Eastern Bank, or any bank merged into Eastern Bank, since September 21, 2023. The account must also meet the following requirements 90 calendar days after the account open date to receive an incentive (if the 90th calendar day falls on a non-business day, the requirements must be met on the following business day) : (a) Primary signer must reside in MA, NH, ME or RI; (b) Primary signer must be age 18 or older; (c) Account must be open and have a positive available balance. Incentives for qualified accounts will be deposited into customer’s account within 30 calendar days after confirmation that the account has met all the requirements. No incentive will be paid if the account is closed or does not have a positive available balance. The Bank may, at its discretion, pay the incentive earlier if all the qualifying requirements have been met. Only one incentive per customer and one incentive per household as defined by a common address. Customer will receive a 1099 form for this incentive. Please consult your tax advisor regarding the tax implications of this offer. Other qualifications and restrictions may apply.
How to Waive Monthly Fees
- Free Checking: No monthly fee or minimum balance requirement*.
- eZ Checking: To Waive the $10 Monthly Fee, get e-statements and make 15 debit card purchases OR get e-statements and maintain a $1,500 average monthly balance.super script
- Premier Checking: Have combined balances of $25,000 or more and want to take advantage of our benefits including no monthly fees, no account fees and discounts on other products and services.
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Conclusion
You can earn a generous bonus for opening a Free Checking Account at Eastern Bank. Just make sure to follow the requirements listed above. In my opinion, the bonus amount is pretty nice as long as you have the funds to set up the direct deposit. There are also different kinds of checking accounts you can select from so you can find an account that fits your needs! If you are interested, be sure to act soon before the promotion ends.
Eastern Bank has decent rates for CDs and Savings, but always check out our best rates for Savings, Money Market, and CD accounts from the links below.
If you’re not local to any of the states above, use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, and many more.
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