Newtown Savings Bank Bonuses: $400 Checking & Savings Promotions (CT)

Take advantage of the latest Newtown Savings Bank bonuses, promotions and offers here.

Update 5/6/25: The checking bonus offer is back but has increased to $400 (from $250)! Valid through 6/30/25.

Newtown Savings Bank Bonuses Review

Newtown Savings Bank is an independent community bank that has been providing quality financial products and services for over 160 years.

I’ll review the current Newtown Savings Bank bonuses below.

Newtown Savings Bank Up to $400 Checking Bonus

• What you’ll get: Up to $400 Bonus
• Eligible account: Checking
• Availability: CT (Branch Locator)
• Credit Inquiry: Soft Pull
• Direct Deposit Required: Yes
• Monthly Fee: $0-$25; waivable
• How to earn it:
  • $250 Bonus:
    • $250 for opening a Flagship Checking Account with direct deposit
  • $100 Bonus:
    • $100 for opening a Free Checking Account with direct deposit
  • $50 Bonus:
    • $50 for opening a Student Checking Account and completing 5 debit card point-of-sale purchases
  • $50 or $150 Bonus:
    • $50 with Statement Savings or $150 with Basic Money Market with any checking account shown above.
      • To earn a $50 bonus in your Statement Savings Account, you must open your account, deposit $300 or more, and maintain the balance daily for a period of 60 days, OR in conjunction with the checking offers described above,
      • To earn a $150 bonus in your Basic Money Market Account, you must open your account, deposit $20,000 or more, and maintain the balance daily for a period of 60 days.
  • Promo code SPRING25

(Expires 06/30/2025)

Fine Print

• Offers are available for the above personal accounts opened from April 28, 2025, through June 30, 2025.
• To be eligible for these offer(s), all account holders must be new checking account customers (must not have had an open personal Newtown Savings Bank checking account within a 12-month time period).
• A qualifying direct deposit of $500 or more for Flagship Checking, or $100 or more for Free Checking, must be received into the respective checking account within 60 days after account opening and bonus amount will be deposited into the respective checking account by 8/31/2025.
• If your account balance is negative on or prior to 8/31/2025, the bonus will not be paid.
• A qualifying direct deposit is salary, pension, Social Security, or other regular monthly income, electronically deposited through the Automated Clearing House (ACH) network by your employer or an outside agency.
• Non-qualifying direct deposits for purposes of this offer include transfers from one account to another (for example, transfers between your own accounts, or person-to-person transfers using a transfer service such as Venmo or Zelle®), or deposits made at a branch or ATM, or through mobile deposit.
• To earn a $50 bonus in your Student Checking Account, you must make 5 point-of-sale purchases with your debit card within 60 days after account opening (ATM transactions do not count as purchases) and bonus amount(s) will be deposited into the respective checking account by 8/31/2025.
• In conjunction with the checking offers described above, to earn a $50 bonus in your Statement Savings Account, you must open your account, deposit $300 or more, and maintain the balance daily for a period of 60 days, OR in conjunction with the checking offers described above, to earn a $150 bonus in your Basic Money Market Account, you must open your account, deposit $20,000 or more, and maintain the balance daily for a period of 60 days.
• Your savings or money market bonus will be credited to your account by 8/31/2025 if you meet both the checking requirements and the savings or money market balance requirements.
• Maximum $400 bonus per household and may not be combined with other offers.
• Personal checking, savings and money market accounts have a minimum deposit of $25 to open.
• The required minimum balances to waive monthly maintenance fees are as follows: $250 for Statement Savings; $1,000 for Basic Money Market account.
• Flagship Checking requires a $2,500 minimum daily account balance, or primary account owner maintains a $20,000 combined daily balance in all deposit accounts, including Certificates of Deposit, owned by the Primary Account Holder at Newtown Savings Bank to waive the monthly maintenance fee.
• The Annual Percentage Yields (APYs) for Flagship Checking, Statement Savings and Basic Money Market account subject to change after the account is opened.
• The minimum to earn the APY is $0.01 for Flagship Checking, $10 for Statement Savings, and $20 for Basic Money Market. Fees may reduce earnings.
• If your checking, money market or statement savings account(s) are closed within 90 days after opening, the bonus amount(s) will be deducted at closing.
• You are responsible for any federal, state, or local taxes due on the bonus and we will report as income to the tax authorities if required by applicable law.
• Consult your tax advisor.
• Newtown Savings Bank employees are not eligible for these offers.
• Offer is subject to change and may be withdrawn at any time.
• We do not charge for mobile banking.
• Your mobile device provider may charge you fees.
• Please check with your carrier.
• Member FDIC
• Promo Code: SPRING25

Newtown Savings Bank $300 Business Checking Bonus

When you open a new qualifying business checking account and meet the requirements, you can earn a $300 bonus.

• What you’ll get: $300 Bonus
• Eligible account: Business Checking
• Availability: CT
• Credit Inquiry: Soft Pull
• Direct Deposit Required: No
• Monthly Fee: $10-$15; waivable
• How to earn it:
  • Offer is available for a new Cornerstone Business Checking account opened from November 6, 2023 through January 31, 2024.
  • To earn the $300 bonus, you must deposit $1,000 or more and maintain the balance for period of 30 days prior to 3/31/2024.
  • The bonus will be credited to your Cornerstone Business Checking account by 4/30/2024.
  • Mention Promo Code “CORNERBUS” when you open your account.

(Expires 01/31/2024)

Fine Print

• Offer is available for a new Cornerstone Business Checking account opened from November 6, 2023 through January 31, 2024.
• To be eligible for this offer, the business must not have had an opened Newtown Savings Bank checking account within a 12-month period.
• To earn the $300 bonus, you must deposit $1,000 or more and maintain the balance for period of 30 days prior to 3/31/2024.
• The bonus will be credited to your Cornerstone Business Checking account by 4/30/2024.
• The required minimum balance to waive $10 monthly maintenance fee for Cornerstone Business Checking is $1,000 minimum daily balance.
• The minimum balance required to open your account is $25.
• All account applications are subject to approval.
• Your account will not qualify for the bonus unless you provide all required account documentation within 30 days of account opening.
• Maximum $300 bonus per business (per Tax ID Number) and may not be combined with other offers.
• If your business checking account is closed within 90 days, the bonus amount will be deducted at closing.
• You are responsible for any federal, state, or local taxes due on the bonus and we will report as income to the tax authorities if required by applicable law.
• Consult your tax advisor.
• Offer is subject to change and may be withdrawn at any time.
• Member FDIC
• Promo Code: CORNERBUS

Newtown Savings Bank $200 Checking & Savings Bonus – PEP Program (Expired)

Earn a $200 bonus from Newtown Savings Bank when you open a new qualifying checking account as a part of the PEP Program.

• What you’ll get: $200 Bonus
• Eligible account: Free Checking and Savings Checking
• Availability: CT
• Credit Inquiry: Soft Pull
• Direct Deposit Required: Yes
• Monthly Fee: $0-$25; waivable
• How to earn it:
  • Get $150 when you open a Free Checking account with direct deposit.
  • Open a Statement Savings account along with the checking offer described above and deposit and maintain $300 for 60 days after being opened to earn a $50 bonus in your Statement Savings Account.

(Expires 12/31/2022)

Fine Print

• Offers available for the above personal checking and statement savings accounts opened in 2022.
• A qualifying direct deposit is salary, pension, Social Security, or other regular monthly income, electronically deposited through the Automated Clearing House (ACH) network by your employer or an outside agency.
• Maximum $200 per household and may not be combined with other offers.
• The minimum to earn the advertised APY is $10 for Statement Savings. Fees may reduce earnings.
• Personal checking and savings accounts have a minimum deposit of $25 to open.
• To be eligible these offer(s), all account holders must be new checking account customers.
• If your checking account or statement savings are closed within 90 days after being opened, the bonus amount (s) will be deducted at closing.
• You are responsible for any federal, state, or local taxes due on the bonus and we will report as income to the tax authorities if required by applicable law.
• Consult your tax advisor.
• Offers are subject to change and may be withdrawn at any time.
• Offer(s) may not be combined with any other offer.

How To Waive Monthly Fees

• Free Checking: None
• Performance Money Market: None
• Everywhere Checking: $8 monthly fee.
• Interest Checking: $12 monthly fee. Maintain a $750 minimum daily account balance or primary account owner maintains $5,000 combined daily balance, or automatic payment to a Newtown Savings mortgage. to avoid the monthly account fee
• Flagship Checking: $25 monthly fee. Maintain a $2,500 minimum daily account balance or primary account owner maintains a $20,000 combined daily balance to avoid the monthly account fee
• Student Checking: $10 monthly fee. Age 23 or Younger to waive
• New Start: $5 monthly fee
• Flagship Business: $35 monthly fee. Maintain a $35,000 average monthly balance to avoid the monthly account fee
• Cornerstone Plus Business: $15 monthly fee. Maintain a $5,000 average monthly balance to avoid the monthly account fee
• Cornerstone Business: $10 monthly fee. Maintain a $1,000 minimum daily balance to avoid the monthly account fee
• Business NOW: $12.50 monthly fee. Maintain a $1,500 minimum daily balance or $35,000 combined deposit balance to avoid the monthly account fee

Conclusion

If you live near an Newtown Savings Bank location, you have the chance to earn checking bonuses. There are a vast array of promotions from Newtown Savings Bank, that’s why we aim to provide the best and most up to date bank bonuses currently available!

Feel free to comment on this post with any questions you may have about Newtown Savings Bank, their accounts they offer, or any experiences you have had!

While these bank promotions are rather attractive, you can also take advantage of our list of Savings, Money Market, and CD rates.

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

However, if you do not live in Illinois, Minnesota or Wisconsin, definitely take a look at 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.

Check back often for more Newtown Savings Bank Bonuses, Promotions, or Offers!