Take a look at the most up-to-date Reading Cooperative Bank promotions, bonuses, and offers here.
For residents of Massachusetts, you can receive a $100 bonus when you open a Personal Checking Account with direct deposit and online bill pay.
About Reading Cooperative Bank Promotions
Reading Cooperative Bank was established in 1866 with a mission to make it possible for the average “workingman” to purchase a home. From there, they have become the 67th largest bank in the state of Massachusetts with 8 locations across the state.
We will review the current Reading Cooperative Bank promotions below.
Reading Cooperative Bank $100 Checking Bonus
- What you’ll get: $100 bonus
- Account Type: Checking
- Availability: MA (Bank Locator)
- Direct Deposit Requirement: Yes, $300+
- Credit Inquiry: Unknown
- ChexSystem: Unknown
- Credit Card Funding: Unknown
- Monthly Fee: None listed
- Early Account Termination Fee: $25, six months
- Household Limit: None listed
(Offer expired December 31, 2022)
U.S. Bank Smartly® Checking ($400 bonus) | Truist Checking ($400 bonus) |
BMO Smart Money Checking ($250 bonus) | BMO Smart Advantage Checking ($250 bonus) |
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 Select Checking ($200 bonus + $100 Bonus) | KeyBank Key Smart Checking ($200 bonus) |
How To Earn Bonus
- Open a Personal Checking Account with Reading Cooperative Bank by December 31, 2022
- To receive a $50 incentive bonus for establishing Direct Deposit, you must establish a recurring electronic deposit of no less than $300 to the account and have received at least one instance of the electronic deposit within 60 calendar days of account opening.
- To receive a $50 incentive bonus for online bill payment, you must enroll in online banking with the bill-pay feature and initiate a successful online bill payment through Reading Cooperative Bank’s online banking system or mobile banking system within 60 calendar days of account opening. Each incentive bonus will be deposited to the associated checking account within 60 days of completing the required activity associated with each incentive.
- Each incentive bonus will be deposited to the associated checking account within 60 days of completing the required activity associated with each incentive. Each incentive is independent of the other. You may complete one or both of the required activities. The maximum incentive bonus is $100.
- Account must be in good standing at the time of payment
- This offer may not be combined with any other offers.
- The incentive bonus is limited to one per primary account holder.
- This offer may be withdrawn at any time without notice.
Reading Cooperative Bank $50 Referral Bonus
- What you’ll get: $50 bonus
- Account Type: Checking
- Availability: MA
(Offer expired December 31, 2022)
U.S. Bank Smartly® Checking ($400 bonus) | Truist Checking ($400 bonus) |
BMO Smart Money Checking ($250 bonus) | BMO Smart Advantage Checking ($250 bonus) |
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 Select Checking ($200 bonus + $100 Bonus) | KeyBank Key Smart Checking ($200 bonus) |
How To Earn Bonus
- Tell your friends & family about RCB and how great it is to be a customer and owner!
- They open a new RCB Checking Account and tell us you referred them, either with a referral coupon at a branch or by adding your name to the “Promo Code” field when opening an account online.
- Check Have your friend or family member contact marketing@readingcoop.com to let us know that you referred them. And that’s it! RCB will deposit a $50 referral reward to your account.
- To earn a referral reward, the referring customer (You) must be a current Reading Cooperative Bank (RCB) customer with a personal checking account that is open, active, and in good standing.
- An account is considered to be in good standing if it has a positive balance and is not in the process of being closed for any reason.
- The referral reward will be deposited to your RCB account within 45 days after your friend opens a new account that remains in good standing for a minimum of 30 days.
- You will earn $50 for each qualified referral.
- If you receive referral rewards totaling $600 or more, the value of your rewards will be reported on IRS Form 1099-MISC.
- Accounts opened by RCB employees, student interns, and their immediate family members and members of their household are not eligible for this promotion and will not qualify for a referral reward.
- Referred customer must be the primary owner of a new RCB personal checking account (Student Checking and Savings Accounts are excluded from this offer) and must not have any existing or previously closed personal checking account at RCB within the last 24 months prior to opening the new account.
- The primary owner is the owner whose Social Security Number is used for tax reporting purposes.
- By participating in this program, each party may be aware that the other is a customer of RCB.
- Referred customer must identify you as the individual making the referral at the time of account opening.
- Referred customer’s account must be open, active, and in good standing in order for you to receive the referral reward.
- This offer may be withdrawn or cancelled at any time and is subject to change without notice.
- This offer cannot be combined with any other offer.
- Void where prohibited.
- Offer valid 01/01/2021 through 12/31/2022.
How To Waive Monthly Fees
- On the Go Checking: $3.99, waived with minimum balance
- Value Checking: None
- Green Online Checking: None
- Value Now Checking: $10, waived with minimum balance
- Honest Checking: $5
- Easy Business Checking: $5, minimum daily balance of $1,000 to avoid
- Business Checking Plus: $20, minimum daily balance of $5,000 to avoid
- Enterprise Business Checking: $10
- Free Business Savings Account: None
Bottom Line
If you live in Massachusetts, I would check this offer out to get some extra cash in your pocket. They offer multiple accounts you can choose from so pick the one that fits your needs.
Feel free to comment below and let us know about your experience with this bank and whether it’s a hard pull or soft pull.
*Compare Reading Cooperative Bank Promotions with other bank bonuses from banks like Huntington, HSBC, Chase, TD, Bank of America, Citi, and more!*
*Check back on this page for updated Reading Cooperative Bank promotions, bonuses, and offers.
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