HarborOne Bank Bonus: $300 or $600 Checking Offer [MA, NH, RI] – No End Date

HarborOne Bank (harborone.com) often has Checking and Savings account sign-up bonuses that you can find updated here.

They’re currently offering an enticing opportunity for residents of Massachusetts, New Hampshire, and Rhode Island to earn up to a $600 bonus. This offer is designed for new customers who open checking and savings accounts, fulfilling specific criteria to qualify for the bonus.

• Update 2/4/2024: The offer is back, you can earn up to $600 when you open both a checking and savings account. Here’s an alternative offer to consider, get up to $400 for just a checking account with this one from BMO Bank.

Established in 2013 and headquartered in Brockton, Massachusetts, HarborOne Bank has grown to nearly 20 locations in the state. The bonus offer below will be available to a number of other states.

We’ll review the latest offers below.

READ MORE: GET TOP BONUSES FROM CHASE, AXOS, BANK OF AMERICA AND BMO.

HarborOne Bank $600 Checking Bonus

• What you’ll get: Up to $600 bonus
• Where it’s available: MA, NH, and RI
• How to earn it:
  • Register for the bonus within 30 days of opening your new checking account.
  • Use the same email address used when opening your new checking account.
  • Earn $300 by opening a new checking account with HarborOne.
  • Make direct deposits totaling at least $2,500 per month to qualify for the bonus.
  • Earn an additional $300 by opening a new savings, MM (Money Market) or CD (Certificate of Deposit) account.
  • Maintain a combined average monthly balance of at least $10,000 across your savings, MM, or CD account to be eligible for the bonus.
• When it expires: None listed

READ MORE: GET THIS BIG PROMOTION FROM BMO BEFORE IT’S GONE

Waive The Monthly Fee

• Advantage Gold Checking: Minimum average daily balance to waive monthly maintenance service charge is $15,000 Combined Balance
• Checkit Checking: No monthly service charge.
• FreePlus Checking: No monthly service charge.

Fine Print

Criteria for New Customers:

• New customer to the Bank.
• Existing customer that did not have a checking account.
• Existing customer that is not the tax owner on any existing checking account.
• Considered new if the customer has not had a checking account in the prior 12 months.
• If multiple accounts are opened with the same signer, only one account will be eligible for the incentive.

To receive the $300 Checking bonus:

1. Primary tax owner must register for the bonus within 30 days of account opening at harborone.com/register.
2. Open and fund any new HarborOne personal Checking Account.
3. Receive direct deposits totaling at least $2,500 per month, starting within 30 days of account opening, for 3 consecutive months.

• Qualifying direct deposits are recurring electronic deposits of your paycheck, pension, or government benefits such as social security from your Employer or the Government.
• Direct Deposits that do NOT qualify include: Deposits made by an individual using online banking or internet payment providers, Person to Person and bank transfers between your existing HarborOne Bank accounts or accounts you have at other financial institutions or brokerages.

To receive the additional $300 Savings bonus:

1. Must meet all checking bonus requirements above.
2. Open any new HarborOne Personal Savings, Money Market, or CD account (with the same tax ID # used when opening checking) with new money to HarborOne, in accordance with the minimum opening balance requirement.
3. Maintain at least a $10,000 combined average monthly balance in your new Savings/MM/CD account each month for 3 months, starting within 30 days of account opening.

Bonus Conditions:

• Account must remain open, active, in good standing, and in the same product type through the 3-month period from account opening to receive the bonus for noted offers above.
• The bonus will be credited into the new personal checking or savings or MM account no later than 20 days from the 4-month anniversary of account opening.
• Bonuses are considered interest and will be reported on IRS Form 1099-INT.
• Bonus offers do not apply to customers who have been paid a promotional premium in the past 24 months.
• HarborOne Bank employees are not eligible.
• Offer is subject to change or cancellation without notice.

READ MORE: GET CASH, POINTS AND MORE WITH THESE REFERRAL DEALS

Bottom Line

They used to give out a bonus of up to $500, but it was kinda tough to fulfill all the requirements to get the full amount. Still, many folks managed to pull it off.

They also had another deal where you could score $300, but you had to set up $5,000 in direct deposits. That offer was last available back in 2018, so I’m not too optimistic about seeing a similar bonus making a comeback.

This offer appears to be a good one overall.

See more:

READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.