Here you will find the latest Reading Cooperative Bank bonuses, offers, and promotions.
They currently have a $100 and $50 checking bonus when you open a new checking account and complete requirements or refer someone.
Reading Cooperative Bank Review
Reading Cooperative Bank was established in 1886, shortly after cooperative banking in Massachusetts began. Their mission is to make it possible for the average “workingman” to purchase a home. They are proud to continue their tradition of helping all kinds of people and businesses realize their plans and dreams.
- Availability: MA (Branch Locator)
- Credit Inquiry: Soft Pull
This bonus from Reading Cooperative Bank is super simple to earn and I recommend taking advantage of this offer before it expires. Reading Cooperative Bank rates aren’t that great, so check our best rates Savings, Money Market, and CD accounts.
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.
I’ll go over all Reading Cooperative Bank offers below.
Reading Cooperative Bank $100 Checking Bonus
Earn a $50 bonus when you open a new Personal Checking Account with Reading Cooperative Bank and an additional $50 more when you set up online bill pay.
- What you’ll get: $100 Bonus
- Eligible account: Personal Checking Account
- Where it’s available: MA
(Offer expires 12/31/2022)
U.S. Bank Smartly® Checking ($400 Cash Bonus) | Truist Checking ($400 bonus) |
Chase Total Checking ($300 Bonus) | KeyBank Checking ($200 bonus) |
Bank of America Checking ($200 Bonus Offer) | Fifth Third Bank Checking ($325 Bonus) |
Axos Bank Rewards Checking ($300 Bonus) |
How To Earn Bonus
- Open a new Personal Checking Account with Reading Cooperative Bank by December 31, 2022
- For a $50 direct deposit bonus, you must establish a recurring electronic deposit of no less than $300.00 to the account and have received at least one instance of the electronic deposit within 60 calendar days of account opening.
- For a $50 online bill payment bonus, you must enroll in online banking with bill pay feature and initiate a successful online bill payment through Reading Cooperative Bank’s online banking system or mobile banking system within 60 calendar days of account opening.
- Each incentive bonus will be deposited to the associated checking account within 60 days of completing the required activity associated with each incentive. Each incentive is independent of the other. You may complete one or both of the required activities. The maximum incentive bonus is $100.
- To receive one or both of the incentive bonuses the account must remain open for 60 calendar days.
- Account must be in good standing at the time of payment; an account is considered to be in good standing if it has a positive balance and is not in the process of being closed.
- This offer may not be combined with any other offers.
- Incentive bonus is limited to one per primary account holder.
- This offer may be withdrawn at any time without notice.
Reading Cooperative Bank $50 Referral Bonus
Earn a $50 bonus when you refer someone to open a new Personal Checking Account.
- What you’ll get: $50 Bonus
- Eligible account: Personal Checking Account
- Where it’s available: MA
(Offer expires 12/31/2022)
U.S. Bank Smartly® Checking ($400 Cash Bonus) | Truist Checking ($400 bonus) |
Chase Total Checking ($300 Bonus) | KeyBank Checking ($200 bonus) |
Bank of America Checking ($200 Bonus Offer) | Fifth Third Bank Checking ($325 Bonus) |
Axos Bank Rewards Checking ($300 Bonus) |
How To Earn Bonus
- To earn a referral reward, the referring customer (You) must be a current Reading Cooperative Bank (RCB) customer with a personal checking account that is open, active and in good standing.
- An account is considered to be in good standing if it has a positive balance and is not in the process of being closed for any reason.
- The referral reward will be deposited to your RCB account within 45 days after your friend opens a new account that remains in good standing for a minimum of 30 days.
- If you receive referral rewards totaling $600 or more, the value of your rewards will be reported on IRS Form 1099-MISC.
- Accounts opened by RCB employees, student interns, and their immediate family members and members of their household are not eligible for this promotion and will not qualify for a referral reward.
- Referred customer must be the primary owner of a new RCB personal checking account and must not have any existing or previously closed personal checking account at RCB within the last 24 months prior to opening the new account.
- Student Checking and Savings Accounts are excluded from this offer.
- The primary owner is the owner whose Social Security Number is used for tax reporting purposes.
- By participating in this program, each party may be aware that the other is a customer of RCB.
- Referred customer must identify You as the individual making the referral at the time of account opening.
- Referred customer’s account must be open, active, and in good standing in order for you to receive the referral reward.
- This offer may be withdrawn or cancelled at any time and is subject to change without notice.
- This offer cannot be combined with any other offer.
- Void where prohibited.
- Offer valid 02/01/2021 through 12/31/2022.
How To Waive Monthly Fees
- On the Go Checking: $3.99, waived with minimum balance
- Value Checking: None
- Green Online Checking: None
- Value Now Checking: $10, waived with minimum balance
- Honest Checking: $5
- Easy Business Checking: $5, minimum daily balance of $1,000 to avoid
- Business Checking Plus: $20, minimum daily balance of $5,000 to avoid
- Enterprise Business Checking: $10
- Free Business Savings Account: None
Conclusion
All in all, the current promotion from Reading Cooperative Bank is a great promotion from those looking for an easy bonus. You will receive a bonus for features you would need with your banking experience. However, I would only recommend this promotion only if it triggers a soft pull.
For those who have had an experience with Reading Cooperative Bank, definitely comment below and let us know about how it went! We value your feedback and will keep you posted on the most up to date promotions from this bank!
Check back soon to find more Reading Cooperative Bank bonuses, offers, and promotions