Newtown Savings Bank Promotions: $300 Checking & Savings Account Bonuses [CT]

Find updated Newtown Savings Bank (nsbonline.com) promotions and bonuses at this page. Typical bonuses have been for $100, $150, $200 and $300.

Established in 1855 and headquartered in Newtown, Connecticut, Newtown Savings Bank has 14 locations throughout the state.

Read more: See bank offers from Chase Bank, U.S. Bank, TD Bank, BMO Harris, and Bank of America.

We’ll review the current offers below.

Newtown Savings Bank Up To $300 Checking and Savings Account Bonuses

• What you’ll get: Up To $300
• Where it’s available: CT
• How to earn it:
  • Use promo code “FALL22” to open a checking and/or savings account.
  • Up To $250 for a Checking Account:
    • Earn $250 for a Flagship Checking Account with direct deposit OR
    • Earn $150 for a Free Checking Account with direct deposit OR
    • Earn $50 for a Student Checking Account and complete 5 debit card point-of-sale purchases
  • PLUS $50 For a Savings Account:
    • Statement Savings Account with a balance of $300
• When it expires: 12/31/2022

Waive The Monthly Fee

• Free Checking Account has no monthly account fee.
• Flagship Checking Account has a $25 monthly account fee; waivable with $2,500 minimum daily account balance or primary account owner maintains a $20,000 combined daily balance.
• Student Checking Account has a $10 monthly account fee; waivable if age 23 or younger.

Fine Print

• For Flagship and Free checking, offer amount will be deposited into the respective checking account within 60 days after promotion end date if the qualifying direct deposit payment has been made.
• A qualifying direct deposit is salary, pension, Social Security, or other regular monthly income, electronically deposited through the Automated Clearing House (ACH) network by your employer or an outside agency.
• Non-qualifying direct deposits for purposes of this offer include transfers from one account to another (for example, transfers between your own accounts, or person-to-person transfers using a transfer service such as Venmo or Zelle®), or deposits made at a branch or ATM, or through mobile deposit.
• To earn a $50 bonus in your Student Checking Account, you must make 5 point-of-sale purchases with your debit card (ATM transactions do not count as purchases) and the bonus will be deposited into the respective checking account within 60 days after promotion end date.
• In conjunction with the checking offers described above, to earn a $50 bonus in your Statement Savings Account, you must open your account, deposit $300, and maintain the balance through 3/1/2023.
• Maximum $300 per household and may not be combined with other offers. Personal checking and savings accounts have a minimum deposit of $25 to open.
• Flagship Checking requires a $2,500 minimum daily account balance, or primary account owner maintains a $20,000 combined daily balance in all deposit accounts, including Certificates of Deposit, owned by the Primary Account Holder at Newtown Savings Bank to avoid the monthly maintenance fee.
• Fees may reduce earnings. To be eligible these offer(s), all account holders must be new checking account customers.
• If your checking account or statement savings are closed within 90 days after promotion end date, the bonus amount (s) will be deducted at closing.
• You are responsible for any federal, state, or local taxes due on the bonus and we will report as income to the tax authorities if required by applicable law.
• Consult your tax advisor.
• Offer is subject to change and may be withdrawn at any time.
• They do not charge for mobile banking. Your mobile device provider may charge you fees. Please check with your carrier.

Bottom Line

The maximum $300 offer is a good offer with minimum requirements (opening account with direct deposit). Compare with the best bank promos here, including ones from Bank of America, Chase, TD Bank, Aspiration, Huntington and more.

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[Expired] Newtown Savings Bank $200 Checking Bonus

Earn a $200 bonus for a new Free Checking account with this offer from Newtown Savings Bank.

• $200 bonus offer expires 3/31/2020
• Offer available in Connecticut
• Direct Deposit is required for the bonus
• Application will trigger a Soft Pull, which does not affect your credit
• You can fund up to $1,000 towards the opening deposit with a credit card
• You will forfeit the bonus if your account is closed within 90 days
• No Monthly Fees with the Free Checking account option

How To Get The $200 Bonus

• Open an account online or at any of their 14 branch offices. Mention special promotion code “WINTER20” to take advantage of the offer.
• Open a new Free Checking Account.
• Offer amount will be deposited into the respective checking account 60 days after account opening as long as a direct deposit has been made.

Fine Print

• Maximum $200 per household.
• Personal checking accounts have a minimum deposit of $25 to open.
• Other fees may apply such as paper statement and inactivity fees.
• To be eligible for this offer, all account holders must be new checking account customers.
• If your checking account is closed within 90 days of opening, the bonus amount will be deducted at closing.

Bottom Line

This is a pretty standard offer from a small bank. There’s no specified minimum direct deposit amount, so that’s a plus.

Read more: See the best bank promotions here and the best investing promotions here.