Cambridge Savings Bank $400 Checking Account Bonus (MA)

Contents

1 [Expired] Cambridge Savings Bank $400 Checking Bonus
- 1.1 How To Earn The Bonus
- 1.2 Bottom Line
2 [Expired] Cambridge Savings Bank $200 Business Checking Bonus
- 2.1 How To Earn The Bonus
- 2.2 Bottom Line

Get the latest promotions and bonuses from Cambridge Savings Bank here for their Checking and Savings accounts. Typical offers in the past have been for $100 to $400 cash.

Established in 1834 and headquartered in Cambridge, Massachusetts, Cambridge Savings Bank has 17 locations in the state. Offers are available to New England residents – Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont.

For more current offers, see our bank bonuses page. Popular offers can be had from banks like Chase Bank, Bank of America, BMO Harris, TD Bank and many more.

While not market leading, Cambridge Savings Bank has some decent rates for being a Traditional brick-and-mortar bank. Compare their rates with the best Savings rates here and the best CD rates here.

I’ll review the current offers below.

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[Expired] Cambridge Savings Bank $400 Checking Bonus

What you’ll get: $400 bonus
Where it’s available: MA, CT, ME, NH, RI, VT
How to earn it:
- Earn a $400 bonus when you open a new Performance or Performance Plus Checking Account with a $10 minimum opening deposit and complete the following requirements within each of the first full three calendar months following the date the new account is funded:
  - (1) Receive cumulative direct deposits totaling $1,000 or more. Qualifying direct deposits are electronic deposits of your paycheck, pension or government benefits from your employer or the government. Person- to-person and bank transfers between your Cambridge Savings Bank accounts or accounts you have at other financial institutions do not qualify.
  - (2) Complete 5 posted and cleared debit transactions, including checks paid, debit card transactions, wire transfers, or ACH debits.
When it expires: 3/31/2020

Learn More at Cambridge Savings Bank

How To Earn The Bonus

EARNING THE BONUSACCOUNT FEATURESWAIVE THE MONTHLY FEEFINE PRINT

Earn a $400 bonus when you open a new Performance or Performance Plus Checking Account with a $10 minimum opening deposit and complete the following requirements within each of the first full three calendar months following the date the new account is funded:
- (1) Receive cumulative direct deposits totaling $1,000 or more. Qualifying direct deposits are electronic deposits of your paycheck, pension or government benefits from your employer or the government. Person- to-person and bank transfers between your Cambridge Savings Bank accounts or accounts you have at other financial institutions do not qualify.
- (2) Complete 5 posted and cleared debit transactions, including checks paid, debit card transactions, wire transfers, or ACH debits.

Performance
- $10 minimum account opening deposit
- No monthly maintenance fee (when you meet balance requirements)
- Up to $12 in monthly ATM surcharge refunds
- First order of basic checks free
- Discounts on Overdraft Line of Credit Annual Fee
Performance Plus
- $10 minimum account opening deposit
- No monthly maintenance fee (when you meet balance requirements)
- Unlimited ATM surcharge refunds
- Unlimited basic style checks
- Free money orders/treasurer’s checks
- Discounts on loan products
- Bonus tier on Performance Money Market account
- $10 minimum daily balance to earn APY
- 0.05% Interest Rate and Annual Percentage Yield

Performance
- Monthly fee of $10 waived if the average monthly balance in your checking account is $1,000 or greater, or if your average monthly combined deposit balances in checking, savings, money market, CD and IRA balances are $2,500 or greater.
Performance Plus
- Monthly fee of $20 waived if average monthly combined deposit balances, and consumer loan balances, excluding mortgage balances, are $10,000 or greater.

For example, a qualifying account type opened and funded during the month of January must complete the requirements in the months of February, March and April in order to qualify for the bonus.
New account funding must be completed by 3/31/20.
You must not currently have a Cambridge Savings Bank personal checking account or have had one in the last 12 months.
A $400 credit will be made to your checking account within 30 days of completing requirements as long as qualification conditions are met and the account remains open in good standing.
Minimum balance to obtain the APY is $10.
No minimum balance is required to receive the bonus.
The value of the bonus will be reported to the IRS as interest.
Limit one bonus per household.
Offer cannot be combined with any other offers and may be withdrawn at any time.
All other rules and regulations for checking accounts apply.

Bottom Line

More difficult to obtain than other popular Checking offers, but may be worth it for the bonus amount. Compare this offer with the best bank bonuses here.

[Expired] Cambridge Savings Bank $200 Business Checking Bonus

What you’ll get: $200
Where it’s available: MA
How to earn it:
- Earn a $200 bonus when you open a new Small Business Checking or Analyzed Business Checking account with a $10 minimum account opening deposit and complete the following requirements within each of the first three full calendar months following the date the new account is funded:
  - Complete posted and cleared credit transactions including cash, check, wire or ACH credits totaling $500 or more.
  - Complete 10 posted and cleared debit transactions including checks paid, debit transactions, wire transfers, or ACH debits.
When it expires: 12/2/2019

Learn More at Cambridge Savings Bank

How To Earn The Bonus

EARNING THE BONUSACCOUNT FEATURESWAIVE THE MONTHLY FEEFINE PRINT

Earn a $200 bonus when you open a new Small Business Checking or Analyzed Business Checking account with a $10 minimum account opening deposit and complete the following requirements within each of the first three full calendar months following the date the new account is funded:
- Complete posted and cleared credit transactions including cash, check, wire or ACH credits totaling $500 or more.
- Complete 10 posted and cleared debit transactions including checks paid, debit transactions, wire transfers, or ACH debits.

Small Business Checking
- No monthly fee
- Up to 125 basic transactions a month at no charge
- $0.50 fee for each basic transaction over 125
- Receive a Debit Mastercard^® and access to Business Online Banking and Mobile Banking services
Analyzed Business Checking
- Waive the monthly fee of $25 with an average collected monthly balance of $30,000
- Earns an Earnings Credit Rate on the average collected balance exceeding $30,000, which may be used to offset certain charges.
- Up to 300 basic transactions a month at no charge
- $0.50 fee for each basic transaction over 300
- Receive a Debit Mastercard^® and access to Business Online Banking and Mobile Banking services

Small Business Checking
- No monthly fee
Analyzed Business Checking
- Waive the monthly fee of $25 with an average collected monthly balance of $30,000

Business entity must be located in Massachusetts.
You must not currently have a Cambridge Savings Bank business checking account or have had one in the last 12 months.
A $200 credit will be made to your checking account within 30 days of completing requirements as long as qualifications are met and account remains open in good standing.
No minimum balance is required to receive the bonus.
The value of the bonus will be reported to the IRS as interest.
Limit one bonus per business entity.
Offer may be withdrawn at any time.
All other rules and regulations for checking accounts apply.