Guilford Savings Bank Bonuses: $300 Checking Promotion (Many States)

Here you can find the latest Guilford Savings Bank bonuses, promotions, and offers here.

Update 5/23/25: There’s currently a $300 checking bonus valid through 5/31/25.

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 a new Access Checking, Preferred Access Checking or Prime Access Checking account.
  • You must enter promotion code “GSB300” if opening online or mention the promotion to a banker when opening at any GSB branch.
  • Get $100 when minimum Requirements to avoid Monthly Service Fee must be continually met for the account; account must remain open for 180 days to receive the $100 statement credit.
  • Get $100 for making a direct deposit within 30 days of opening your account.
  • Get $100 when you make 5 debit card purchases in each of the first three months.

(Expires 05/31/2025)

Fine Print

• Up to $300 Consumer Checking Offer: Offer available when you open a new Access Checking, Preferred Access Checking or Prime Access Checking account.
• You must enter promotion code “GSB300” if opening online or mention the promotion to a banker when opening at any GSB branch.
• Get $100 when minimum Requirements to avoid Monthly Service Fee must be continually met for the account; account must remain open for 180 days to receive the $100 statement credit.
• Get $100 for making a direct deposit within 30 days of opening your account.
• Eligible direct deposits are electronic automated clearing house (ACH) deposits.
• Examples of eligible direct deposits include, but are not limited to: payroll, Social Security, pension and government benefits.
• Deposits made through a teller, ATM, or the GSB mobile app are ineligible direct deposits.
• Get $100 when you make 5 debit card purchases in each of the first three months.
• May be subject to 1099 reporting. Account holder is responsible for all applicable taxes.
• Offer valid through May 31, 2025, and may be withdrawn at any time.
• Limit 1 offer per person.
• New & existing customers are eligible, but funding may not come from a current GSB account.
• Rates on all balances subject to change based on future market conditions.
• Accounts subject to approval.
• $50 minimum to open any personal checking account.
• View full account details at https://mygsb.bank/personal/bank/checking.

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)

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.

• Best Savings/Money Market rates
• Best CD Account rates

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.