Find the latest Eastern Bank promotions, bonuses, and offers here for Checking accounts.
Update 9/28/24: The checking offer is back with a $200 or $350 bonus valid through 10/28/24.
About Eastern Bank Promotions
Founded in 1818 and headquartered in Boston, they are the largest and oldest mutual bank in the country. Whether you’re a consumer, business executive, investor, government agency, or not-for-profit organization, Eastern Bank has the financial products to help you save, manage your money, build for the future or protect your assets.
We will review the current Eastern Bank promotions below.
Eastern Bank $350 Checking Bonus
- What you’ll get: $350 bonus
- Account Type: Free Checking
- Availability: NH, MA, ME, RI (Branch Locator)
- Direct Deposit Requirement: Yes (see what works)
- Credit Inquiry: Soft Pull
- ChexSystems: Yes, sensitive
- Credit Card Funding: None
- Monthly Fees: See below.
- Early Account Termination Fee: None
- Household Limit: One
(Expires 10/28/2024)
Editor’s Note: Here’s an alternative link to the offer.
BMO Smart Money Checking ($250 cash bonus + $100 digital gift card) | BMO Smart Advantage Checking ($250 bonus + $100 digital gift card) |
Bank of America ($300 bonus offer) | Chase Total Checking® ($300 bonus) |
Fifth Third Bank Momentum® Checking ($400 bonus) | SoFi Checking and Savings ($325 bonus) |
KeyBank Key Smart Checking ($300 bonus) | Truist Checking ($400 bonus) |
How To Earn Bonus
- Open an Eastern Bank personal checking account
- Have two or more direct deposits totaling the following amounts to get the corresponding bonus:
- $1,000-$3,999.99 to earn $200
- $4,000 or more to earn $350
- A minimum opening deposit of $25 is required for Eastern Free Checking, $50 for Eastern eZ Checking or $500 for an Eastern Premier Checking account. To qualify for the incentive, you must open an Eastern Bank personal checking account between 09/21/2024 and 10/28/2024, and have two or more payroll, pension or government benefits direct deposits totaling the amounts noted in the table below post to your new checking account within the first 90 calendar days of the account opening date. Electronic credits (other than payroll, pension, or government benefits) such as person-to-person payments transfers between your accounts at Eastern Bank and other institutions or brokerages, and payments through third parties such as PayPal or eBay do not qualify as a direct deposit. Incentive amount will vary.
- This offer is valid for new consumer checking account customers only. New customers are primary signers who have not had a consumer checking account with Eastern Bank since September 21, 2023. The account must also meet the following requirements 90 calendar days after the account open date to receive an incentive (if the 90th calendar day falls on a non-business day, the requirements must be met on the following business day) : (a) Primary signer must reside in MA, NH, ME or RI; (b) Primary signer must be age 18 or older; (c) Account must be open and have a positive available balance. Incentives for qualified accounts will be deposited into customer’s account within 30 calendar days after confirmation that the account has met all the requirements. No incentive will be paid if the account is closed or does not have a positive available balance. The Bank may, at its discretion, pay the incentive earlier if all the qualifying requirements have been met. Only one incentive per customer and one incentive per household as defined by a common address. Customer will receive a 1099 form for this incentive. Please consult your tax advisor regarding the tax implications of this offer. Other qualifications and restrictions may apply.
How To Avoid Monthly Fees
- Free Checking: No monthly fee or minimum balance requirement.
- eZ Checking: To Waive the $10 Monthly Fee, get e-statements and make 15 debit card purchases OR get e-statements and maintain a $1,500 average monthly balance.super script
- Premier Checking: Have combined balances of $25,000 or more and want to take advantage of our benefits including no monthly fees, no account fees and discounts on other products and services.
Bottom Line
Eastern Bank is a great bank option for new sign-up promotions when becomes available. This bonus is great because they have a soft pull, so your credit score is not affected. Additionally, you will gain access to all their fantastic account features!
Compare Eastern 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!
Feel free to comment below and let us know about how it went. We value your feedback and will continue to keep you posted on the latest bank offers from Eastern Bank.