Keep reading to learn more about Newtown Savings Bank promotions, bonuses, and offers.
Currently, they have a $50, $100, $150, $250, or $400 bonus when you open a Checking Account and Savings.
Table of Contents
About Newtown Savings Bank Promotions
For over 160 years, Newtown Savings Bank has been operating as an independent community bank to provide financial products to help people. They have consistently lived up to their mission of serving the community.
I’ll review the Newtown Savings Bank Promotions below.
Newtown Savings Bank Up to $400 Checking & Savings Bonus
Newtown Savings Bank is offering a chance to earn up to a $400 bonus when you open a checking and savings account and meet all the requirements.
- What you’ll get: $400 bonus
- Account Type: Student, Free, or Flagship Account, Statement Savings, Basic Money Market Account
- Availability: CT (Bank Locator)
- Direct Deposit Requirement: Yes
- Credit Inquiry: Soft Pull
- ChexSystems: Yes, sensitive
- Credit Card Funding: Fund up to $25
- Monthly Fees: None with Free Checking
- Early Termination Fee: 90 days, bonus forfeit
- Household Limit: One
(Expires September 30, 2022)
Editor’s Note: Many combination here between checking and savings account to earn up to $400 bonus. It’s possible to get up to $200 bonus without direct deposit with the Student Checking and Basic Money Account.
You can compare this to several great entry level Checking accounts with bonus offers include the Citi Priority Account (Up to $2000 Cash Bonus), BMO Harris Smart Money™ Account ($300 bonus), U.S. Bank Easy Checking ($400 bonus), Fifth Third Momentum® Checking ($375 bonus), Chase Total Checking® ($200 bonus), and SoFi Checking and Savings ($300 bonus). |
How To Earn Bonus
- $250 Bonus:
- $250 for opening a Flagship Checking Account with direct deposit
- Apply Code SUMMER22
- $150 Bonus:
- Open a Free Checking Account with direct deposit
- Apply Code SUMMER22
- $50 Bonus:
- To earn a $50 bonus in your Student Checking Account, you must make 5 point-of-sale purchases with your debit card by 10/30/2022 (ATM transactions do not count as purchases) and bonus amount(s) will be deposited into the respective checking account within 60 days after promotion end date (by 11/29/2022).
- $50 Bonus:
- To earn a $50 bonus in your Statement Savings Account, you must open your account by 9/30/2022, deposit $300 or more, and maintain the balance through 11/29/2022.
- $150 Bonus:
- $150 for opening a Basic Money Market Savings Account with a balance of $20,000 and maintain the balance through 11/29/2022.
- Offer is available for the above personal checking and statement savings accounts opened by September 30, 2022.
- For Flagship and Free checking, offer amount will be deposited into the respective checking account within 60 days after promotion end date (by 11/29/2022) if the qualifying direct deposit payment has been made.
- A qualifying direct deposit is salary, pension, Social Security, or other regular monthly income, electronically deposited through the Automated Clearing House (ACH) network by your employer or an outside agency.
- Non-qualifying direct deposits for purposes of this offer include transfers from one account to another (for example, transfers between your own accounts, or person-to-person transfers using a transfer service such as Venmo or Zelle®), or deposits made at a branch or ATM, or through mobile deposit.
- To earn a $50 bonus in your Student Checking Account, you must make 5 point-of-sale purchases with your debit card by 10/30/2022 (ATM transactions do not count as purchases) and bonus amount(s) will be deposited into the respective checking account within 60 days after promotion end date (by 11/29/2022).
- In conjunction with the checking offers described above, to earn a $50 bonus in your Statement Savings Account, you must open your account by 9/30/2022, deposit $300 or more, and maintain the balance through 11/29/2022, OR in conjunction with the checking offers described above, to earn a $150 bonus in your Basic Money Market Account, you must open your account by 9/30/2022, deposit $20,000 or more, and maintain the balance through 11/29/2022.
- Maximum $400 bonus per household and may not be combined with other offers. Personal checking, savings and money market accounts have a minimum deposit of $25 to open. The required minimum balances to waive monthly maintenance fees are as follows: $250 for Statement Savings; $1,000 for Basic Money Market account. Flagship Checking requires a $2,500 minimum daily account balance, or primary account owner maintains a $20,000 combined daily balance in all deposit accounts, including Certificates of Deposit, owned by the Primary Account Holder at Newtown Savings Bank to waive the monthly maintenance fee. The Annual Percentage Yields (APYs) for Flagship Checking of .08%, Statement Savings of .10% and Basic Money Market account of .10% are accurate as of 7/1/2022 and subject to change after the account is opened. The minimum to earn the advertised APY during the promotional period is $.01 for Flagship Checking, $10 for Statement Savings, and $20 for Basic Money Market. Fees may reduce earnings. To be eligible for these offer(s), all account holders must be new checking account customers (must not have had an open personal Newtown Savings Bank checking account within a 12-month time period). If your checking account or statement savings are closed within 90 days after promotion end date (closed by 12/29/2022), the bonus amount(s) will be deducted at closing. You are responsible for any federal, state, or local taxes due on the bonus and we will report as income to the tax authorities if required by applicable law. Consult your tax advisor. Offer is subject to change and may be withdrawn at any time. We do not charge for mobile banking. Your mobile device provider may charge you fees. Please check with your carrier.
- Promo Code: SUMMER22
Newtown Savings Bank $200 Checking & Savings Bonus (PEP Program)

Earn a $200 Checking & Savings Bonus
Newtown Savings Bank is offering a $200 Checking & Savings Bonus when you open a new qualifying account.
- What you’ll get: $200 bonus
- Account Type: Any Account
- Availability: CT
- Direct Deposit Requirement: Yes
- Credit Inquiry: Soft Pull
- ChexSystems: Yes, sensitive
- Credit Card Funding: Fund up to $25
- Monthly Fees: None with Free Checking
- Early Termination Fee: 90 days, bonus forfeit
- Household Limit: One
(No Expiration Date)
For more advanced features in a checking account, compare this offer to Citigold® Checking Account (Up to $2000 Cash Bonus), U.S. Bank Platinum Checking ($400 Bonus), Huntington Platinum Perks CheckingSM ($300 Bonus), BMO Harris PremierTM Account ($500 Bonus), Fifth Third Preferred Checking ($375 Bonus), TD Bank Beyond Checking ($300 Bonus), and HSBC Bank Premier Checking ($500 Bonus). |
How To Earn Bonus
- Open a qualifying checking account.
- The offer amount will be deposited into the respective checking account within 60 days after if the qualifying direct deposit payment has been made
- Open a Statement Savings account along with the checking offer described above and deposit and maintain $300 for 60 days after being opened to earn a $50 bonus in your Statement Savings Account
- Offers available for the above personal checking and statement savings accounts opened in 2021. Free Checking: The offer amount will be deposited into the respective checking account within 60 days after if the qualifying direct deposit payment has been made. A qualifying direct deposit is salary, pension, Social Security, or other regular monthly income, electronically deposited through the Automated Clearing House (ACH) network by your employer or an outside agency. Non-qualifying direct deposits for purposes of this offer include transfers from one account to another (for example, transfers between your own accounts, or person-to-person transfers using a transfer service such as Venmo or Zelle®), or deposits made at a branch or ATM, or through mobile deposit. Savings: Open a Statement Savings account along with the checking offer described above and deposit and maintain $300 for 60 days after being opened to earn a $50 bonus in your Statement Savings Account. Maximum $200 per household and may not be combined with other offers.
How To Waive Monthly Fees
- Free Checking: None
- Performance Money Market: None
- Everywhere Checking: $8 monthly fee.
- Interest Checking: $12 monthly fee. Maintain a $750 minimum daily account balance or primary account owner maintains $5,000 combined daily balance, or automatic payment to a Newtown Savings mortgage. to avoid the monthly account fee
- Flagship Checking: $25 monthly fee. Maintain a $2,500 minimum daily account balance or primary account owner maintains a $20,000 combined daily balance to avoid the monthly account fee
- Student Checking: $10 monthly fee. Age 23 or Younger to waive
- New Start: $5 monthly fee
- Flagship Business: $35 monthly fee. Maintain a $35,000 average monthly balance to avoid the monthly account fee
- Cornerstone Plus Business: $15 monthly fee. Maintain a $5,000 average monthly balance to avoid the monthly account fee
- Cornerstone Business: $10 monthly fee. Maintain a $1,000 minimum daily balance to avoid the monthly account fee
- Business NOW: $12.50 monthly fee. Maintain a $1,500 minimum daily balance or $35,000 combined deposit balance to avoid the monthly account fee
Bottom Line
I recommend opening the Free Checking account from Newtown Savings Bank. This account has no monthly service fees while still receiving the same benefits as the Everywhere Checking account.
While they have a generous $100 bonus, Newtown Savings Bank doesn’t have great rates for CDs and Savings. You may want to check out our full list of Bank Rates and CD Rates.
*Compare Newtown 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!*
*Check back at this page for updated Newtown Savings Bank promotions, bonuses and offers.

Leave a Reply