Available for residents of Massachusetts, Watertown Savings Bank is offering up to a $200 bonus for you and a friend or family member when you refer them to become a member by June 29, 2019.
To get started, all you have to do is open a new checking account with a $10 minimum opening deposit using promo code: FRIEND by June 29, 2019. Additionally, they will have to enroll for eStatements, set-up a payroll direct deposit of at least $1,000, use your debit card at least 6 times within 60 days, and set-up bill pay. Finally, Watertown Savings Bank will deposit the bonus to your account within 4-6 weeks.
Once all the requirements are met, you will have access to a range of features to better your banking experience. If you are interested, be sure to check out this referral as well as other banks such as HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Compass Bank or CIT Bank.
Credit goes to Irene for letting us know about this bank bonus through our Rewards Program. Let us know if you find a new bank bonus and get paid!
U.S. Bank Smartly® Checking: Earn up to $700 when you open a new U.S. Bank Smartly® Checking account and a Standard Savings account and complete qualifying activities. Subject to certain terms and limitations. Offer valid through June 27, 2024. Member FDIC. Apply Now---U.S. Bank Checking Review | |
BMO Relationship Checking: Earn $400 cash bonus when you have a total of at least $7,500 in qualifying direct deposits within the first 90 days. Learn More---BMO Relationship Checking Review |
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Truist Checking: Earn $400 cash bonus when you receive at least one qualifying Direct Deposit of $500 or more AND complete at least 15 qualifying debit card purchases within 90 days of account opening. Learn More---Truist Checking Review | |
Barclays Savings Account: New Barclays Savings customers can earn a $200 bonus after depositing $25,000 plus 4.35% APY for all balances. Offer ends May 3, 2024. Learn More---Barclays Savings Review |
Watertown Savings Bank $200 Referral Info
- Refer Now
- Referrer Bonus: $200
- Referee Bonus: $200
- Account Type: Checking Account
- Availability: Massachusetts (Bank Locator)
- Expiration Date: 06/29/2019
- Credit Inquiry: Soft Pull or Hard Pull? Let us know.
- Chexsystems: Unknown. Let us know.
- Opening Deposit: $10
- Credit Card Funding: Unknown. Let us know.
- Direct Deposit Requirement: Yes
- Monthly Fee: None
- Additional Requirements: See below
- Household Limit: None listed
- Closing Account Fee: None listed, check with CSR for more information
What Triggers Direct Deposit? Alternative Methods
Many bank bonuses require you to make real direct deposit from your job to receive the sign up bonus. However, switching to your real paycheck can be frustrating and time consuming. You can find alternative methods below which many readers have reported to trigger direct deposit to receive the sign up bonus.
Simply set up ACH transfers from these institutions to trigger direct deposit. Again, Your Mileage May Vary(YMMV). Please help us with your experience if you find a different method or to confirm a current method for direct deposit in the comments section below.
How to Earn Watertown Savings Bank Bonus
- Refer a friend to come in or sign up online for a checking account using promo code: FRIEND by June 29, 2019.
- Have them enroll for eStatements.
- Set-up a direct deposit of $1,000 or more.
- Receive $100 for completing these tasks.
- To receive the other $100, you must use your debit card at least 6 times and set-up a bill pay to the checking account.
- The Bonuses will be deposited to your account within 4-6 weeks.
How to Avoid Monthly Fees
Checking Account: There are no monthly service fees when you open a Free Checking Account with Watertown Savings Bank.
Bottom Line
Make sure you check out Watertown Savings Bank to learn more about the $200 referral bonus. Don’t forget this bonus will be reported on form 1099-INT. Be sure to take advantage of this opportunity before it expires!
Feel free comment below and let us know about how it went and if you could fund your account with credit card or not. We value your feedback and will continue to keep you posted on the latest bank offers nationwide. If you would like to see more, check out our full list of Bank Referrals for all your banking needs.
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