Belmont Savings Bank is offering both you a $50 bonus and the Foundation for Belmont Education (FBE) a $50 bonus when you open one of their rewards checking accounts. For both you and the school to earn $50, you must sign up for direct deposit or apply for a debit card or enroll in online banking. Within 90 days, you and FBE will have a $50 bonus deposited into your account, then another $50 will go directly to the Foundation for Belmont Education (FBE). This bonus is ongoing and we don’t see an expiration date.
Availability: Belmont, Watertown, Waltham and Cambridge, Massachusetts.
Belmont Savings Bank $50 Checking Features:
- All ATM fees refunded
- FREE checks and check imaging
- FREE paper statements
- FREE online banking and bill pay
- Plus, a $50* deposit into your account
- Belmont schools get $50* contribution per account and .25% annual interest on the average monthly balance in your account for school programs
With a Belmont Savings Checking Account, you will need a $250 minimum deposit. There are 3 different types of checking accounts which include Belmont Education Rewards Checking, Watertown Education Rewards Checking, and Waltham Community Rewards Checking. To avoid the $25 monthly checking fee, your account must be active from any of the following:
- Direct deposit OR
- $2,500 average daily balance OR
- 5 debit card POS (pinned or signature) transactions that post and settle during the statement cycle OR
- 5 third party cleared checks per monthly statement cycle.
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