Promotions and bonus offers from Eastern Bank (easternbank.com) can be found updated here. Typical offers range from $100 to $600.
Eastern Bank was established in 1989 and is headquartered in Boston, MA. They have 93 locations throughout Massachusetts and New Hamsphire.
- Update 12/17/2024: Looks like the offer has ended. Consider this $300 offer from BMO Bank or get a more comprehensive list of the best bank bonuses here.
- Update 5/24/2024: The offer is back through 6/24/24.
- Update 12/24/2023: The offer just ended. We’ll let you know if it comes back.
- Update 9/24/2023: The offer is back, valid through 10/23/23.
- Update 5/5/2023: The offer is back, now with a $600 bonus tier. The new expiration date is 6/5/23.
READ MORE: WELCOME OFFERS FROM AXOS AND BMO.
Eastern Bank Up To $350 Checking Bonus

- What you’ll get: $200 or $350
- Where it’s available: MA, ME, NH, RI
- How to earn it:
- 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
- Post the direct deposit amounts within the first 90 calendar days of account opening.
- When it expires: 10/28/2024
TRENDING DEAL:
Disclaimers:
The Annual Percentage Yield (APY) is accurate as of 10/3/2025. The base and promotional interest rate and corresponding APY for Axos ONE® Checking is variable and is set at our discretion. The base and promotional interest rate and corresponding APY for Axos ONE® Savings is variable and is set at our discretion. Axos ONE® Savings is a tiered variable rate account. Axos ONE® Checking is a non-tiered variable rate account. Interest rates may change as often as daily without prior notice. Fees may reduce earnings.Promotional terms and conditions are subject to change or removal without notice. Incentive may be taxable and reported on IRS Form 1099-MISC. Consult your tax advisor. After the accounts are opened, the amount of incentive earned will depend on meeting the additional requirements outlined below.The Axos ONE® Checking account will earn a base rate of 0.00% APY. The Axos ONE® Savings account will earn a base rate of up to 1.00% APY.Axos ONE® accounts are eligible to receive a promotional APY for each statement cycle where the promotional criteria are met during the Qualification Period. To receive the promotional APY on both Axos ONE® Checking and Axos ONE® Savings, the Axos ONE® Checking account must meet both of the requirements in either Option 1 or Option 2 below during the Qualification Period:Option 1Your Axos ONE® Checking account has received monthly qualifying direct deposits of at least $1,500 in total.The average daily balance of your Axos ONE® Checking account is at least $1,500.Option 2Your Axos ONE® Checking account has received monthly qualifying deposits of at least $5,000 in total.The average daily balance of your Axos ONE® Checking account is at least $5,000.If both of the requirements in either Option 1 or Option 2 above are met during the Qualification Period:The Axos ONE® Checking account will earn a promotional rate of 0.51% APY for the statement cycle in which the requirements are met.The Axos ONE® Savings account will earn a promotional rate of up to 4.51% APY for the statement cycle in which the requirements are met.The Qualification Period begins on the first business day of the month and runs through the 25th of the month. If the 25th of the month is followed by a non-business day, the average daily balance will be calculated including the following non-business day(s). Any qualifying deposits or qualifying direct deposits received after the 25th of the month will count toward the next Qualification Period. The Qualification Period for new accounts will begin on the day the account is approved. New accounts opened on or after the 25th of the month will be eligible to earn the promotional APY starting in the following month.A direct deposit is an electronic deposit of your paycheck or government benefits, such as Social Security, Disability, etc. International paychecks, international government benefits, other deposits (i.e., online banking transfers, ATM and mobile check deposits, etc.), or person-to-person payments are not considered a direct deposit.Qualifying deposits only include deposits from the following eligible sources: (i) ACH transfers from external accounts, (ii) inbound wire transfers from external accounts, (iii) check deposits. Qualifying deposits do not include: (i) transfers internal to the bank (i.e., transfers between an account holder’s Checking and/or Savings account), (ii) interest payments, (iii) promotional bonuses, (iv) credits, reversals, and refunds.Both accounts must be in an open and active status on the 25th of the month and on the date the interest is paid to receive the promotional APY for that statement cycle. If either account closes during the Qualification Period, neither account will be eligible to earn the promotional APY for that statement cycle. Account transactions may take one or more business days from the transaction date to post to the account. Show Less
Waive The Monthly Fee
The Eastern Free Checking account has no monthly fees.
Fine Print
- This offer is valid for new consumer checking account customers, only.
- New customers are primary signers who have not had a consumer checking account.
- 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 balance.
- Incentives for qualified accounts will be deposited into customer’s account no later than 30 calendar days after confirmation that the account has met all the requirements.
- No incentive will be paid if the account is closed on the date we attempt the deposit.
- 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.
READ MORE: SEE THESE CASH BACK SHOPPING DEALS AND PROMOS FOR BONUS CASH AND REWARDS
Bottom Line
This is still a nice offer to consider if you live in their service areas.
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.
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