Come celebrate with Beverly Bank at their Danvers Branch Opening Special and receive a $300 bonus! Simply open a new personal NOW or Cooperative checking account with direct deposit and other services and Beverly Bank will deposit $150 into your account! And when you open a qualifying Money Market account, you will receive another $150 bonus, that’s a total of $300! The checking accounts come with features like unlimited check writing, free first order of checks, online banking with BillPay, free eStatements, mobile banking, plus many more. With the Money Market account, you will earn a competitive 1.30% APY for the first 6 months! This is a very attractive offer, so if you would like to earn the $300 bonus on top of getting all the great banking features, join Beverly Bank for this limited time grand opening offer!
Editor’s Note: This offer is available only at the 29 Elm Street, Danvers Branch!
Credit goes to Irene for letting us know about this bank bonus through our Rewards Program. Let us know if you find a new bank bonus and get paid!
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Table of Contents
Beverly Bank Account Info:
- Sign up Offer
- Beverly Bank Checking Promotion PDF Printout
- Account Type: Checking and Money Market
- Availability: MA, Danvers Branch only (Bank Locator)
- Expiration Date: None listed
- Credit Inquiry: Hard Pull or Soft Pull? Let us know.
- ChexSystems: Unknown, let us know
- Opening Deposit: $10 for checkig and $25K for MM account
- Credit Card Funding: Unknown. Let us know.
- Direct Deposit Requirement: Yes
- Monthly Fee: None
- Additional Requirements: Not eligible for online account opening, only valid at the Beverly Bank Danvers Branch Location.
- Household Limit: 1
- Closing Account Fee: None
How to Receive Beverly Bank Bonus:
- Open a NOW or Cooperative checking account from Beverly Bank‘s Danvers branch with a $10 opening deposit.
- Initiate and maintain a direct deposit with a minimum of $500 in direct deposits per month.
- Enroll in E-statements, apply for a debit card and complete a minimum of 15 debit transactions per month over a 3 month period
- Enroll in online banking and use Billpay with a minimum of 3 bill payments per month.
- The $150 will be deposited into your new account on the 120th day after account opening provided the terms are met. If the 120th day is on a weekend or holiday, the $150 deposit will be deposited on the next business day.
- If combined with opening a qualifying Money Market (MM) account, then you will receive an additional $150 deposit in the checking account.
How To Avoid Monthly Fees:
*Please check with the bank directly regarding the fees amount as it is not listed on their website
- Cooperative Checking: maintain an average monthly balance of just $100 to avoid any monthly service charges or fees.
- NOW Checking: maintain a daily balance of $500 to avoid maintenance and activity charges
- Money Market (MM): minimum daily balance of $25K is required to open account and obtain 1.30% APY. Must be opened with a checking account with specified services to receive 1.30% APY. (The APY is effective for at least 6 months after account opening and then the rate and tiers may change thereafter)
If you live in the surrounding areas of Danvers, MA, make sure you check out this offer from Beverly Bank. You could earn $300 bonus just for opening a new checking and money market account. When you maintain an average monthly balance of just $100, you are free from any monthly service charges or fees on the Cooperative Checking. Also make sure to keep $25K balance to earn the attractive 1.30% APY rate. If you don’t think this offer is for you, you can browse the complete list of Bank Promotions for more banking options!
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