Looking for a new bank account? Then take a look at our updated list of Dedham Savings Bank promotions, bonuses and offers here!
Currently, they are offering a $250 bonus when you met all the requirements associated with your new checking account.
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About Dedham Savings Bank Promotions
Established in 1831, Dedham Savings Bank has a wide variety of account services and features to better your financial future. With fantastic Savings Rates as well as CD rates, you are able to receive industry leading rates that are 10x the national average! Additionally, the bank has an A health rating!
*Compare Dedham Savings Bank Promotions with other bank bonuses from banks like Huntington, HSBC, Chase, TD, Bank of America, Citibank, and more!*
Continue reading for more Dedham Savings Bank Promotions below.
Dedham Savings Bank $250 Checking Bonus
Current residents can take advantage of an attractive $250 bonus from Dedham Savings Bank when you have met all the requirements associated with your new account.
- Account Type: Checking Account
- Availability: MA, RI (Bank Locator)
- Credit Inquiry: Soft Pull
- ChexSystems: Yes
- Opening Deposit: $10- $50
- Credit Card Funding: None
- Direct Deposit Requirement: Yes, two direct deposits totaling $1,000 or more
- Monthly Fee: $0-$10, see below on how to avoid
- Household Limit: 1 per customer
- Closing Account Fee: None
Here is an alternative link to the offer.
(Expires December 31, 2022)
Editor’s Note: There’s also an alternative for the $250 bonus with the same expiration date and requirements. Click here to see offer.
| You can compare this to several great entry level Checking accounts with bonus offers include the Chase Total Checking® ($225 bonus), Discover Cash Back Debit (up to $360 Bonus), TD Bank Convenience CheckingSM ($150 bonus), PNC Bank Virtual Wallet ($400 bonus), Chase Secure Banking ($100 Bonus), and Aspiration Spend & Save Account ($150 bonus). |
How To Earn The $250 Checking Bonus
- Open any personal Checking account with funds not currently on deposit
- Within 60 days of account opening, receive at least two direct deposits to Checking account, totaling $1,000 or more (a direct deposit is a recurring deposit of a paycheck, pension, Social Security or other regular monthly income, electronically deposited by an employer or outside agency into your account).
- Within 60 days of account opening, pay at least two bills with Dedham Savings Online Bill Pay or make five purchases with Dedham Savings Debit Card.
- $250 bonus will be deposited to Checking account within 90 days after qualifications are met and will be reported to the IRS for tax reporting purposes.
- Switch Assistance: They will help you switch your account over to Dedham Savings.
- Direct Deposit Set Up: if you’re receiving payroll, Social Security, or other direct deposit, they’ll help move it over to your new account.
- Free Online & Mobile Services: use these tools to bank anytime that suits your schedule, and still get help from a person if you need it.
- Fully Insured: your deposits are insured up to FDIC limits, and by Depositors Insurance Fund for all additional balances, meaning full deposit coverage up to any amount.
- There are no monthly fee associated with this account.
- Bonus valid for customers who do not have an existing or prior personal Checking account at Dedham Savings.
- $250 bonus will be deposited to Checking account within 90 days after qualifications are met and will be reported to the IRS for tax reporting purposes.
- One offer per customer.
- No minimum balance required to earn bonus.
- Account must be opened in person at any Dedham Savings location to earn stated bonus.
Bottom Line
Definitely check out the current promotion from Dedham Savings Bank to earn a generous bonus. The requirements are simple and straightforward. Additionally, it’s great to know that the account will trigger a soft pull! With that said, I would definitely recommend this promotion to those who are interested!
We value your feedback and will continue to keep you posted on the latest bank offers nationwide. If you would like to see more, check out our full list of Bank Promotions for all your banking needs.
Check back often for the latest Dedham Savings Bank promotions, bonuses, and offers!
According to the terms you have to go in-branch for this one though :/ Hard pass for me. Wonder if they’re going to change that or not
I got a responding email, notifying me that it is a soft pull to open the account. So I signed up right away!