Find all the latest Watertown Savings Bank promotions, bonuses, and offers here.
About Watertown Savings Bank Promotions
Watertown Savings Bank first opened their doors in 1870 and since then has expanded across Massachusetts to better cater to the needs of their customer base. However, if you are not located near a branch, you can see all nationwide bank bonuses for more suitable offers.
- Availability: MA (Bank Locator)
- Credit Inquiry: Unknown, let us know
- ChexSystems: Unknown, let us know
- Credit Card Funding: Unknown, let us know
At the moment, Watertown Savings Bank is offering an 8-month CD Special that earns 2.50% APY. Furthermore, WSB also has savings rates and other CD terms that we recommend you compare to our full list of Bank Rates and CD Rates.
Next, I will review Watertown Savings Bank offers.
Watertown Savings Bank $100 Checking Bonus
You can earn a $100 bonus from Watertown Savings Bank when you open a qualifying checking account and meet all the requirements.
- What you’ll get: $100 bonus
- Account Type: Checking Account
- Availability: MA
(Offer Expires June 30, 2022)
You can compare this to several great entry level Checking accounts with offers include the BMO Harris Smart Money™ Account ($200 bonus), U.S. Bank SmartlyTM Checking (Up to $600 bonus), Chase Total Checking® ($200 bonus), Fifth Third Bank Momentum® Checking ($275 bonus), SoFi Checking and Savings ($275 bonus), and Citi Priority Account (Up to $2000 Cash Bonus). |
How To Earn Bonus
- Open any new WSB checking account, subject to Bank approval. Minimum deposit at account opening is $10. To open an account, visit any WSB branch.
- Receive at least two direct deposits totaling at least $500 or more within 45 days of account opening.
- Maintain an active account.
- A dormant account is a checking account showing no activity other than posting interest for a period of greater than 90 days.
- The $100 bonus will be deposited to your new WSB Checking account within 6 weeks of satisfying the foregoing requirements.
- Any taxes due related to this Offer are the responsibility of the recipient.
- Offer valid until June 30, 2022.
- Not valid if combined with other offers.
- Offer subject to change without notice.
Watertown Savings Bank $200 Referral Bonus (Expired)

Refer new members and you can earn a $200 bonus.
If you know anyone interested in joining Watertown Savings Bank, you both can earn a $200 bonus. Simply have them open a checking account and complete the requirements to earn your bonus.
- What you’ll get: $200 bonus
- Account Type: Checking Account
- Availability: MA
(Offer expires March 31, 2020)
You can compare this to several great entry level Checking accounts with offers include the BMO Harris Smart Money™ Account ($200 bonus), U.S. Bank SmartlyTM Checking (Up to $600 bonus), Chase Total Checking® ($200 bonus), Fifth Third Bank Momentum® Checking ($275 bonus), SoFi Checking and Savings ($275 bonus), and Citi Priority Account (Up to $2000 Cash Bonus). |
How To Earn Bonus
- Refer friends and family members to open a qualifying checking account online or opening the account in branch.
- Next, they will have to make a minimum deposit of $10 to open the checking account.
- Lastly, to earn a $100 bonus they will have to set up a direct deposit of at least $1,000 to the account.
- Then to earn another $100 bonus they will have to use their debit card at least 6 times within 60 days of account opening and make one payment using Online Bill Pay within 60 days.
- Checking offer is available to new Watertown Savings Bank (WSB) customers.
- Any taxes due on this bonus/these bonuses is/are the responsibility of the recipient.
- Not valid if combined with other offers.
- Additionally, offer subject to change without notice.
- The Refer a Friend program discloses that each party has an account at Watertown Savings Bank.
- To participate both parties agree to waive their rights to privacy in that regard.
How To Waive Monthly Fee
- Free Checking: None
- Plus Checking: $5 monthly fee, waivable with minimum balance $100 or Direct Deposit
- Pinnacle Checking: $15 monthly fee, waivable with $10,000 combined balance
- Access Savings: $2 monthly fee, waivable with $100 balance
- Money Market: $10 monthly fee, waivable with $5,000 balance
- Pinnacle Savings: None
- Free Business Checking: None
- General: None
- Non-Profit: None
- IOLTA: None
- Business Money Market: $10 monthly fee, waivable with $5,000 balance
- Presidential Business Savings: $10 monthly fee, waivable with $25,000 balance
- Security Deposit Trust Account: None
Bottom Line
All in all, I would definitely check out the current bonuses only if they incur a soft pull. Although the bonuses are pretty attractive, definitely contact your local CSR for more information.
Additionally, if you have experience banking with Watertown Savings Bank, we ask that you leave a comment below letting us know how it went. Furthermore, a lot of information is missing about this bank that you may have, and your feedback helps make our site better for other readers.
*Lastly, check back at this page for updated Watertown Savings Bank promotions, bonuses and offers.
I used to live in MA and knew quite a few people who used this bank! Nice offers.