Looking for a new bank account? Then take a look at our updated list of Dedham Savings Bank promotions, bonuses and offers here!
Update 7/9/24: The bonus offer has been increased to $750 valid through 12/31/24.
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!
Continue reading for more Dedham Savings Bank Promotions below.
Dedham Savings Bank $750 Checking Bonus
- What you’ll get: $750 bonus
- Account Type: Checking Account
- Availability: MA (Bank Locator)
- Direct Deposit Requirement: Yes (see what works)
- Credit Inquiry: Soft Pull
- ChexSystems: Yes
- Credit Card Funding: None
- Monthly Fees: None
- Early Account Termination Fee: Unknown
- Household Limit: None listed
(Expires 12/31/2024)
| BMO Relationship Checking ($500 Bonus + $100 digital gift card) | KeyBank Checking ($300 bonus) |
| Chase Private Client ($3,000 Bonus) | Fifth Third Bank Preferred Checking ($325 bonus) |
| HSBC Premier Checking (Up to $2,500 Cash Bonus), | |
How To Earn Bonus
- Open a Free & Easy Checking account online using code “Select” once you have selected your account, where you see the words “Enter/Add Promo Code.”
- $250 bonus: with $2,500+ direct deposit in 90 days and 5+ debit transactions OR 5+ Bill Pay transactions totaling $100+ in 90 days
- $500 bonus: with $10,000+ in 90 days and 5+ debit transactions OR 5+ Bill Pay transactions totaling $100+ in 90 days
- $750 bonus: with $20,000+ in 90 days and 5+ debit transactions OR 5+ Bill Pay transactions totaling $100+ in 90 days
- 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.
- The Bonus Select offer is available with Free & Easy Checking. Offer valid for clients who do not have an existing or prior personal Checking account at Dedham Savings.
- 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. 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 client. Offer expires December 31, 2024. No minimum balance required to earn bonus. To receive stated bonus, account must be opened in person at any Dedham Savings location or opened online using code “SELECT.”
- Free & Easy Checking Requirements: Minimum deposit of $25 required to open account. ATM rebates are applied at end of monthly statement cycle. To qualify for ATM rebates, you must have online statements and monthly direct deposit. 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. $50 opening deposit to receive Debit Card.
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.
- What you’ll get: $250 bonus
- Account Type: Checking Account
- Availability: MA (Bank Locator)
- Direct Deposit Requirement: Yes (see what works)
- Credit Inquiry: Soft Pull
- ChexSystems: Yes
- Credit Card Funding: None
- Monthly Fees: None
- Early Account Termination Fee: Unknown
- Household Limit: None listed
(Expires 12/31/2024)
| BMO Smart Money Checking ($250 cash bonus + $100 digital gift card) | BMO Smart Advantage Checking ($250 bonus + $100 digital gift card) |
| Bank of America ($200 bonus offer) | Chase Total Checking® ($300 bonus) |
| Fifth Third Bank Momentum® Checking ($325 bonus) | SoFi Checking and Savings ($325 bonus) |
| KeyBank Key Smart Checking ($300 bonus) | Truist Checking ($400 bonus) |
How To Earn Bonus
- Open a Free & Easy Checking Account with funds not currently on deposit using promo code SWITCH
- 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.
- Minimum deposit of $25 required to open Free & Easy Checking Account. ATM rebates are applied at end of monthly statement cycle.
- To qualify for ATM rebates, online statements and monthly direct deposit required.
- 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.
- Minimum deposit of $50 required to receive Debit Card.
- Bonus valid for customers who do not have an existing or prior personal Checking account at Dedham Savings.
- To receive $250 bonus, open a Free & Easy 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.
- One offer per customer.
- Offer expires December 31, 2024.
- No minimum balance required to earn bonus.
- To receive stated bonus, account must be opened in person at any Dedham Savings location or opened online using code “SWITCH.”
How To Waive The Monthly Fees
- Student Checking: None
- Free & Easy Checking: None
- Interest Rewards Checking: None
- Check Rewards Checking: $20
- Start Up Checking: $3
- Community Checking: $3
- Basic Business Checking: None listed
- Business Interest Checking: $10
- Cash Management Checking: $10 – Earnings Credit may offset fees
- IOLTA Checking: None listed
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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!
*Compare Dedham Savings Bank Promotions with other bank bonuses from banks like Citi, Huntington, HSBC, Chase, TD, Discover Bank, Aspiration, Axos Bank, PNC Bank, BMO Harris, SoFi, Fifth Third Bank, Bank of America, Wells Fargo, US Bank, and more!*
We value your feedback and will continue to keep you posted on the latest bank offers nationwide.
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!