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.
Credit goes to Dorianne for letting us know about this bank bonus through our Rewards Program.
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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