Get a $500 bonus for a new personal or business account with this offer from Katahdin Trust Company.
See the Posts History below for all offers from this institution.
Katahdin Trust Company Offer Details
- What you’ll get: $500 bonus
- Where it’s available: 136 Route One, Scarborough Maine branch
- How to earn it: Open a qualifying personal or business checking account.
- Personal Checking:
- Get $500 when you open a new Summit Relationship Checking, or $250 when you open a new Adventure Checking Cash or Adventure Checking Points account, by February 1, 2023, and complete the following requirements within 45 days of account opening:
- Bring in your unused checks and/or old debit card from your current account at another financial institution; AND
- Setup at least one electronic direct deposit of $500.00 or more; AND
- Use your debit card to make at least five Point-of-Sale (POS) PIN or signature based purchases.
- Business Checking:
- Open any new business checking account by February 1, 2023, and simply bring us your unused checks and/or old debit card from your current account at another financial institution. We will buy them from you for $500.
- When it expires: 2/1/2023
Waive The Monthly Fee
- Summit Relationship Checking: This account has a $15 fee that is waived if maintain $10,000.00 in combined average deposit balances during the statement period.
- Adventure Checking: This has a $5 monthly fee that is waived with maintain a $500.00 average balance or $5,000.00 in combined average deposit balances during the statement period
- Totally Free Business Checking: No monthly fee
Fine Print
- $50.00 minimum to open.
- Valid only at the Scarborough branch at 136 US Route One for new checking account customers.
- Offer not available to individuals or businesses who have had a Katahdin Trust Company checking account in the last 12 months.
- Katahdin Trust Company employees are not eligible.
- The cash reward will be deposited into your account within 30 days of meeting all requirements; or for business checking, on the day we receive your unused checks and/or debit card.
- Account must be in good standing and not be closed, overdrawn, or restricted at the time the reward is credited.
- The cash reward will be reported on IRS Form 1099-INT.
- Limit one cash reward offer per qualifying account per customer every 12 months.
- This offer may be withdrawn at any time.
- Refer to our Fees for General Services for charges on unusual activities such as overdrafts, stop payment orders, etc. that may be assessed.
- If you close your new account within 180 days of opening, you will be assessed a $15.00 fee.
Bottom Line
The business checking offer definitely looks like an easy bonus for those near the qualifying branch.
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