Eastern Bank is offering up to $750 in cash bonuses to eligible new checking and savings customers. You can earn $350 from a new personal checking account, $250 from a new Statement Savings account, and an extra $150 when both accounts are opened within three business days and all requirements are completed.
The offer is available to eligible residents of Massachusetts, Maine, New Hampshire, and Rhode Island. Qualifying accounts must be opened between October 17 and November 20, 2026.
Eastern Bank Up to $750 Bonus
- Checking bonus: $350
- Savings bonus: $250
- Extra bonus: $150 for completing both offers
- Total: Up to $750
- Availability: MA, ME, NH, and RI
- Open by: November 20, 2026
- Bonus payment deadline: April 19, 2027
- Household limit: One bonus of each offer type per household address
How to Earn the Bonus
- Open a new eligible Eastern Bank personal checking account by November 20, 2026.
- Receive two or more qualifying direct deposits totaling at least $3,000 within 90 days after opening to earn $350.
- Open a new Eastern Statement Savings account by November 20, 2026.
- Deposit at least $15,000 into savings within the first 30 days.
- Maintain an average daily savings balance of at least $15,000 during the 90-day period beginning on day 31 to earn $250.
- To earn the additional $150, open the checking and savings accounts within three business days of each other and complete both offers.
Trending Checking Account Deal:
Checking Bonus Requirements
The $350 checking reward requires at least two recurring electronic payroll, pension, or government-benefit direct deposits totaling $3,000 during the first 90 days. Person-to-person payments, self-transfers, brokerage transfers, and third-party payments such as PayPal or eBay do not qualify.
Minimum opening deposits are $25 for Eastern Free Checking, $50 for Eastern eZ Checking, and $500 for Eastern Premier Checking. Private Bank Checking is excluded.
Savings Bonus Requirements
The $250 savings reward requires a new Eastern Statement Savings account with a $10 minimum opening deposit. You must bring the account balance to at least $15,000 within 30 days, then maintain an average daily balance of at least $15,000 during days 31 through 120. Private Bank Savings is excluded.
Who Qualifies?
- You must be the primary signer and at least 18 when eligibility is determined.
- You must live in MA, ME, NH, or RI and have a valid tax identification number.
- For checking, you must not have owned an Eastern personal checking account on or after October 17, 2025.
- For savings, you must not have owned an Eastern personal savings or money-market account on or after October 17, 2025.
- The qualifying account must remain open with a balance above zero when the bonus is paid.
- The offers cannot be combined with another Eastern deposit promotion.
Fees and Payment Timing
Eastern Free Checking has no monthly maintenance fee or minimum-balance requirement. Eastern eZ and Premier Checking have separate terms and possible fees, so review their disclosures before choosing an account. Statement Savings may also be subject to account fees.
Eastern Bank will deposit all earned bonuses by April 19, 2027. The rewards may be reported on an applicable IRS Form 1099.
Bottom Line
The full $750 package is strongest for someone who can route $3,000 in qualifying direct deposits and keep $15,000 in savings for the required period. This new version lowers the checking direct-deposit threshold from the prior $4,000 requirement and extends the application deadline to November 20, 2026.
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