Here you can find the latest Guilford Savings Bank bonuses, promotions, and offers here.
Right now, you can receive a $300 bonus when you open a new checking account and complete the required activities.
Guilford Savings Bank Bonuses Review
Founded in 1875 by 17 local business owners, GSB have proudly stood as a trusted institution in the communities we serve. Starting with a $17,000 investment and one branch on the picturesque Guilford Town Green, GSB has grown to a six-office, $900 million bank.
I’ll go over all Guilford Savings Bank bonuses & offers below.
Guilford Savings Bank $300 Checking Bonus
Guilford Savings Bank is offering a $300 bonus when you open a new qualifying checking account.
- What you’ll get: $300 Bonus
- Eligible account: Checking
- Where it’s available: CT, MA, ME, NH, NY, RI, VT (Locator)
- Credit Inquiry: Hard Pull or Soft Pull? Let us know.
- Direct Deposit Required:
- Monthly Fee: $5-$25; waivable
- How to earn it:
- Open any qualifying checking account using promotion code GSBACCESS
(Expires 11/30/2022)
Furthermore, I would compare this offer to some of the best offers available. Current bonuses such as (Citigold® Checking Account), U.S. Bank SmartlyTM Checking (Up to $600 Cash Bonus), Fifth Third Preferred Checking ($275 Bonus), and TD Bank Beyond Checking ($300 Bonus). |
Fine Print
- Eligible checking account products include Prime Access, Preferred Access, and Access Checking.
- To be eligible for the $300 Amazon eGift Card, you must enter promotion code “GSBACCESS” if opening on-line or mention the promotional code to a banker when opening in-branch.
- Valid for consumers who reside or work in Connecticut. All account holders on qualifying account must be new GSB checking account customers.
- Existing GSB consumer checking customers ineligible. Accounts subject to approval.
- Minimum Requirements to Avoid Monthly Service Fee must be continually met for the account, and the account must remain open for 180 days to receive the Gift Card.
- After 180 days, a bank representative will contact the primary account holder for Amazon eGift Card delivery.
- GSB reserves the right to substitute a gift card of equal value.
- May be subject to 1099 reporting.
- Account holder is responsible for all applicable taxes.
- Consumer accounts only.
- Limit 1 offer per household and/or account.
- $50 minimum to open any checking account.
- For Prime Access Checking, an average daily minimum balance of $2,500 must be maintained in the checking account and a $50,000 average daily minimum aggregate balance (inclusive of the amount maintained in the checking account) must be maintained in consumer deposits, loans (lines of credit are measured as the amount outstanding and not the full line of credit) and/or wealth management accounts.
- If the minimum requirements are not met, a $25 monthly service fee will apply and rebates of Non-GSB ATM Activity Charges and $300 offer will be forfeited. Accounts must be open during the full account statement period to receive the rebates.
- Accounts closed prior to a full statement period will not be eligible for the ATM fee rebates.
- Rates subject to change at any time.
- Fees may reduce earnings.
- Promo offer valid through November 30, 2022, and subject to account terms and conditions.
- Offer is subject to change without notice and may be withdrawn at any time.
Guilford Savings Bank $600 Business Checking Bonus (Expired)
Guilford Savings Bank is offering a $600 bonus when you open a new qualifying checking account.
- What you’ll get: $600 Bonus
- Eligible account: Business Checking, Business Select Checking, or Business Select Plus Checking, and a Business Preferred Savings Account
- Where it’s available: CT, MA, ME, NH, NY, RI, VT
- Credit Inquiry: Hard Pull or Soft Pull? Let us know.
- Direct Deposit Required:
- Monthly Fee: $5-$25; waivable
- How to earn it:
- $350 when you open and use any new business checking account.
- $100 for activating Merchant Card Processing Services.
- Get up to $150 off up to any two Cash Management Services.
- If opening the Business Checking account, must also complete 10 Business Debit Card Transactions before 12/31/2021 to qualify.
- You must enter promotion code “BusinessBundle” if opening online or mention the promotion to a banker when opening in-branch (valid at our Northford and North Haven branch locations only).
(Expires 12/31/2022)
Compare this savings account to alternatives like SoFi Checking & Savings (Up to $275 Bonus + 3.25% APY), Discover Online Savings (Up to $200 Bonus + 3.60% APY), UFB Preferred Savings (5.02% APY), Patriot Bank Money Market (4.00% APY) and CIT Bank Savings Connect (4.20% APY). |
Fine Print
- Valid for businesses in the following Connecticut towns only: North Haven, Northford, North Branford and Wallingford. Must be new GSB business checking account customer.
- GSB business checking customers ineligible for $350 Amazon eGift Card offer.
- Accounts subject to approval.
- Minimum requirements to avoid monthly service fee must be continually met for the account and the account must remain open for 180 days in order to receive the eGift Card.
- Within 30 days after eligibility is met, a bank representative will contact the primary account holder to confirm an accurate email address for Amazon eGift Card delivery.
- GSB reserves the right to substitute a gift card of equal value.
- May be subject to 1099 reporting.
- Account holder is responsible for all applicable taxes.
- Offer is subject to change without notice and may be withdrawn at any time.
- Limit 1 per business owner.
- Fees, terms and conditions apply.
- Offer does not apply to existing customers of East Commerce Solutions, Inc. or one-time events.
- Cash management services must be active for six (6) months in order for incentive to be issued as a statement credit.
How to Avoid Monthly Fees
- Prime Access Checking: $25 monthly fee waived with:
- $2,500 minimum balance
- $50,000 aggregate balance
- Preferred Access Checking: $20 monthly fee waived with:
- $1,500 minimum balance
- $25,000 aggregate balance
- Access Checking: $15 monthly fee waived with:
- Qualifying Direct Deposit & Active use of Debit Card
- Simple Checking: $5 monthly fee waived monthly enrollment in Online Statements
- Business Checking: No monthly service fee
- Business Select Checking: Not listed
- Business Select Plus Checking: Not listed
Conclusion
There is not much information about this bonus so be sure to contact a CSR to learn more about the requirements and details. However, if the requirements are simple, I recommend taking advantage of this promotion to earn a generous bonus and APY rate.
We value your feedback and will continue to keep you posted on the latest bank offers nationwide.
CD accounts or Savings Accounts are also another great way to earn and save money. If you are interested, check out our nationwide list of Savings, Money Market, and CD accounts.
If you aren’t interested in the offers from Guilford Savings Bank, you can look at other great bank bonuses from banks such as HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, or CIT Bank.
*Check back for updated Guilford Savings Bank promotions, bonuses and offers.