MoneysMyLife

Enjoy $300 as a new Chase checking customer, when you open a Chase Premier Plus CheckingSM account and set up direct deposit. This is our recommended Checking account for the added benefits. Full Review
Learn More
HSBC $750 Checking BonusGet a $750 Welcome Deposit for eligible new customers who open an HSBC Premier checking account with qualifying activities.
Get a $350 Welcome Deposit for eligible new customers who open an HSBC Advance checking account with qualifying activities.
Get 2.01% APY with the HSBC Direct Savings account, which is available online, nationwide. Member FDIC.
Chase Total Checking And Savings $350 CouponGet up to $350 when you open a new Chase Total Checking® account with Direct Deposit and/or open a new Chase SavingsSM account, deposit $10,000 or more in new money and maintain a $10,000 balance for 90 days. Full Review
Learn More
Chase Business Checking $200 Bonus 1Earn $200 when you open a new Chase Total Business Checking® account, deposit $1,000 in new money within 20 business days of account opening, maintain that balance for 60 days and complete five qualifying transactions within 60 days. Full Review
Learn More
Chase College Checking BonusGet $100 as a new Chase checking customer when you open a Chase College CheckingSM account, enroll in paperless statements and complete 10 qualifying transactions within 60 days of account opening. Full Review
Learn More
TD Bank $300 Checking Account BonusOpen a new TD Bank Premier CheckingSM account online to earn a $300 bonus. Or, open a new TD Bank Convenience CheckingSM account online to earn a $150 bonus. Both offers have a direct deposit requirement. Full Review
Learn More
Barclaycard Arrival Plus $600 BonusWith the Barclaycard Arrival® Plus World Elite Mastercard® you can earn 60,000 bonus miles after spending $5,000 on purchases in the first 90 days and paying the annual fee. Redeem toward qualified travel purchases and these 60K points will be worth $600. See Terms. Full Review
Learn More
Barclays Arrival $250 BonusEarn 75,000 miles worth $750 each and every year with the Barclays Arrival® Premier World Elite Mastercard® when you spend at least $25,000 during the year. This card earns unlimited miles at the rate of 2 miles per $1 spent on all purchases. See Terms. Full Review
Learn More
CIT Bank Money Market PromotionOpen an online Money Market Account from CIT Bank (available nationwide) and earn a 1.85% APY rate on all balances. There’s no monthly service charge and the minimum opening deposit is just $100. Full Review
Learn More
Best Credit Card Sign Up Bonuses
Learn More
You are here: Home / Bank Promotions / Salem Five Bank Checking, Savings, CD Promotions

Salem Five Bank Checking, Savings, CD Promotions

By: | Last Updated: | This content is not provided or commissioned by the issuer. Opinions expressed here are author’s alone, not those of the issuer, and have not been reviewed, approved or otherwise endorsed by the issuer. This site may be compensated through the issuer’s Affiliate Program. Please visit our Advertiser Disclosure for additional details.

Salem Five Bank Promotions
  • Editor Rating
  • Rated 4 stars
  • 80%
  • Salem Five Bank Promotions
  • Reviewed by:
  • Published on:
  • Last modified: August 30, 2018
  • Popularity
    Editor: 80%
  • Value
    Editor: 85%

Get the latest Salem Five Bank promotions, bonuses, and offers for their Checking, Savings, CD accounts here. Salem Bank consistently has one of the best rates for their Savings accounts, with their CD accounts also being very competitive.

Salem Five has their traditional brick-and-mortar banking network referred to as Salem Five Bank, and they also have their online-only division called Salem Five Direct.

Salem Five Bank was established in 1855 and is headquartered in Salem, Massachusetts. They have grown to around 30 locations in the state.

Salem Five Direct, the online division, was created to provide the most competitive interest rates in the market. Their online products include Checking, Savings and CD accounts that you won’t find through the traditional brick-and-mortar Salem Five Savings Bank network. Rates are competitive and I compare them with the best national offers here: Savings rates | CD rates.

Both their traditional and online divisions tend to have sign-up bonuses, so I’ll review those below.

*You can find the best bank account promotions updated here.

Salem Five Direct eOne Savings Account Earns 2.05% APY

Update History:
07/06/2018: Salem Five Direct raises eOne Savings account rate up to 2.05% APY.
03/19/2018: Savings rate jumps up to 1.85% APY
10/31/2017: Savings rate increases from 1.35% APY to 1.50% APY
08/19/2017: Savings rate increases to 1.35% APY from 1.25% APY
More History
Hide History

Salem Five Direct currently offers one of the best Savings Account rates with their online eOne Savings account.

  • Current rate: 2.05% APY (on daily balances of $0.01-$1,000,000)
  • Minimum opening balance is $100
  • No minimum balance to maintain
  • No monthly fees to worry about
  • FDIC and DIF insurance to protect your entire balance
  • External transfers to move money in and out of the account easily

Learn More

Compare To These Savings Accounts

Use our Savings Account Rates guide to find the best rates. Popular Savings accounts include the HSBC Direct Savings (great rate from a big bank) and CIT Bank Savings accounts. Be sure to check out these Savings Account bonuses also, including a popular offer from Chase Bank. See more options below.

Salem Five Direct CD Account Rate Promotions

Salem Five Direct also offers some of the best online CD rates nationwide, with promotional rates available often.

  • CD rate promotional rates occasionally change
  • Minimum balance to open and earn the APY is $10,000
  • Maximum deposit amount is $500,000
  • FDIC and DIF insurance provides customers of Salem Five with full deposit insurance on all of your deposit accounts.

Learn More

Current CD Special Promotional Rates

Update History:
07/06/2018: Salem Five Direct discontinues the 48 Month CD special and increases the 36 Month CD special rate to 3.00% APY.
03/20/2018: Salem adds a 48 Month CD special
01/24/2018: 18 Month CD special rate increases to 2.00% APY
10/31/2017: 18 Month CD rate increases to 1.75% APY
08/10/2017: 48 Month CD rate increases to 2.00% APY
07/21/2017: 18 Month CD rates increases to 1.50% APY
04/05/2017: 48 Month CD rate rises to 1.75% APY
01/26/2017: 18 Month CD rate rises to 1.25% APY
More History
Hide History

Term Special APY Rate
18-Month CD Special 2.00%
36-Month CD Special 3.00%

Compare CD Rates

Salem Five Direct’s CD Account rates are fairly competitive. Use our CD Rates guide to find all the best rates, as you may prefer a different term length, deposit requirement, etc. BBVA Compass and CIT Bank have several popular CD offers.

Salem Five Direct $100 Checking Bonus

*Looks like these Referlive.com bonus offers are no longer available. I’ll update this if things change. You may want to check the link below just in case.

SalemFive Checking $100 Bonus

$100 bonus from Salem Five

This $100 offer from Salem Five includes account options from their online division, so this one is available to everyone nationwide.

  • $100 Checking bonus offer has no set expiration date.
  • Offer is available nationwide depending on the account type. Eligible accounts include Star Checking (local), Gold Star Checking (local), and eOne Checking (online) with eOne Savings (online).
  • Direct deposit is an optional requirement for the offer.
  • Application will trigger a Hard Pull, which DOES affect your credit.

Learn More

How To Get The $100 Bonus

  • Go to the offer page and register your information prior to opening a new account. Enter the promo code “SUM” on the registration page (*thanks to reader Keith J for this info).
  • If you’re opening the online accounts (eOne Checking/Savings), then go to salemfivedirect.com to do so. For the local accounts for Massachusetts residents, go to salemfive.com.
  • Open a new Checking account with Salem Five bank.
  • You must complete ONE of the following within 60 days of accounts opening:
    • Complete two (2) direct deposits OVER $250 each, OR
    • Make six (6) online bill pays OVER $25 each**, OR
    • Complete twenty (20) debit card transactions OVER $5 each
  • Allow up to 4-6 weeks after completing all requirements of the offer for delivery of your Reward Card.
  • Tips:
    • *All fields of the registration form must be completed prior to opening your new Salem Five checking account in order to receive your Reward Card.
    • This offer is not available if you already have a Salem Five checking account.
    • Eligible accounts include: Star Checking, Gold Star Checking, eOne Checking with eOne Savings.
    • *A direct deposit is an electronic credit such as payroll, annuities, government benefit deposits, bonuses, travel reimbursements, or other types of deposit payments from a company into a checking or savings account of an employee, retiree, taxpayer or shareholder.
    • Multiple bill pays to the same payee or to an individual are ineligible.
    • The minimum balance to open a personal Star or Gold Star Checking account is $10 in person, $100 by mail or online. eOne account can only be opened online with a minimum balance of $100.
    • **Salem Five does not charge you for non-Salem Five ATM use. In addition, Salem Five reimburses ATM surcharges up to $15 per statement cycle. Gold Star Checking has unlimited ATM reimbursement; Star and eOne Checking are reimbursed up to $15 per statement cycle. Cash back rewards and ATM reimbursements will post as credits at the end of same statement cycle.


Check back here for the latest promotions and bonuses from Salem Five Direct.

FEATURED PROMOTIONS

$350 Chase Checking/Savings Bonus$300 Chase Checking Bonus$200 Chase Business Bonus$100 Chase Student Bonus$350 & $750 HSBC Checking Bonuses2.01% APY HSBC Direct Savings$150/$300 TD Bank Checking Bonus60k Bonus Miles Barclays Arrival® Plus25k Bonus Miles Barclays Arrival Premier1.85% APY CIT Bank Money MarketUnlimited $20 Simple Bank Bonuses$3,500 Ally Invest Bonus
Chase Total Checking And Savings $350 Coupon

Get up to $350 when you open a new Chase Total Checking® account with Direct Deposit and/or open a new Chase SavingsSMaccount, deposit $10,000 or more in new money within 20 days of opening the Savings account, and maintain at least a $10,000 balance for 90 days.

Full Review

*Available Nationwide (Branch Locator)

Apply Now

Enjoy $300 as a new Chase checking customer, when you open a Chase Premier Plus CheckingSM account and set up direct deposit.

Full Review

*Available Nationwide (Branch Locator)

Apply Now
Chase Business Checking $200 Bonus 2

Earn a $200 sign-up bonus for a new Business Checking account with this offer from Chase Bank.

Full Review

*Available Nationwide (Branch Locator)

Learn More
Chase College Checking Bonus

Earn a $100 sign-up bonus for a new Chase College CheckingSM account with this offer from Chase Bank.

Full Review

*Available Nationwide (Branch Locator)

Learn More
HSBC BANK Banner 2

Get a $750 Welcome Deposit for eligible new customers who open an HSBC Premier checking account with qualifying activities.

Get a $350 Welcome Deposit for eligible new customers who open an HSBC Advance checking account with qualifying activities.

Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC. The information, including rates and fees, presented in the review is accurate as of the date of the review. Please refer to issuer website and application for the most current information. We may be paid for the content on this site.

HSBC BANK Banner 2

HSBC is offering 2.01% APY with their HSBC Direct Savings . The minimum balance to earn this APY is just $1. There is no monthly maintenance fee, and you’ll have 24/7 online account access.

Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC. The information, including rates and fees, presented in the review is accurate as of the date of the review. Please refer to issuer website and application for the most current information. We may be paid for the content on this site.

*Available Nationwide

Learn More
TD Bank $300 Checking Bonus

Apply online for a new TD Bank Checking account to earn either a $150 bonus or a $300 bonus.

Full Review

*Available in: CT, DC, DE, FL, MA, MD, ME, NC, NH, NJ, NY, PA, RI, SC, VA, VT

Learn More
Barclays Arrival Plus Bonus

Earn 60,000 bonus miles worth $630 with the Barclaycard Arrival® Plus World Elite Mastercard®. See Terms

Full Review

Learn More
Barclays Arrival Bonus

Earn 25,000 bonus miles worth $250 every year with the Barclays Arrival® Premier World Elite Mastercard®. See Terms

Full Review

Learn More
CIT Bank Money Market Promotion 2

Open a new CIT Bank Money Market Account (available online nationwide) and get a 1.85% APY rate on all balances.

Full Review

*Available Nationwide

Learn More
Simple Bank Bonus

Open a free Simple Bank account (available online nationwide) and earn a $20 sign-up bonus. Then, start making unlimited $20 referral bonuses.

Full Review

*Available Nationwide

Learn More
Ally Invest Offer

Ally Invest has a promotion where you can earn up to a $3,500 cash bonus, as well as $500 in commission-free trades for 90 days.

Full Review

*Available Nationwide

Learn More

*These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

Comments

  1. On the Salem Five promo, you can’t open the eOne accounts from Salemfive.com. You must go to Salemfivedirect.com and the promo code is SUM.

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Email Updates!

Enjoy $300 as a new Chase checking customer, when you open a Chase Premier Plus CheckingSM account and set up direct deposit. This is our recommended Checking account for the added benefits. Full Review
Learn More
HSBC $750 Checking BonusGet a $750 Welcome Deposit for eligible new customers who open an HSBC Premier checking account with qualifying activities.
Get a $350 Welcome Deposit for eligible new customers who open an HSBC Advance checking account with qualifying activities.
Get 2.01% APY with the HSBC Direct Savings account, which is available online, nationwide. Member FDIC.
Chase Total Checking And Savings $350 CouponGet up to $350 when you open a new Chase Total Checking® account with Direct Deposit and/or open a new Chase SavingsSM account, deposit $10,000 or more in new money and maintain a $10,000 balance for 90 days. Full Review
Learn More
Chase Business Checking $200 Bonus 1Earn $200 when you open a new Chase Total Business Checking® account, deposit $1,000 in new money within 20 business days of account opening, maintain that balance for 60 days and complete five qualifying transactions within 60 days. Full Review
Learn More
Chase College Checking BonusGet $100 as a new Chase checking customer when you open a Chase College CheckingSM account, enroll in paperless statements and complete 10 qualifying transactions within 60 days of account opening. Full Review
Learn More
TD Bank $300 Checking Account BonusOpen a new TD Bank Premier CheckingSM account online to earn a $300 bonus. Or, open a new TD Bank Convenience CheckingSM account online to earn a $150 bonus. Both offers have a direct deposit requirement. Full Review
Learn More
Barclaycard Arrival Plus $600 BonusWith the Barclaycard Arrival® Plus World Elite Mastercard® you can earn 60,000 bonus miles after spending $5,000 on purchases in the first 90 days and paying the annual fee. Redeem toward qualified travel purchases and these 60K points will be worth $600. See Terms. Full Review
Learn More
Barclays Arrival $250 BonusEarn 75,000 miles worth $750 each and every year with the Barclays Arrival® Premier World Elite Mastercard® when you spend at least $25,000 during the year. This card earns unlimited miles at the rate of 2 miles per $1 spent on all purchases. See Terms. Full Review
Learn More
CIT Bank Money Market PromotionOpen an online Money Market Account from CIT Bank (available nationwide) and earn a 1.85% APY rate on all balances. There’s no monthly service charge and the minimum opening deposit is just $100. Full Review
Learn More
Best Credit Card Sign Up Bonuses
Learn More
Chase Total Checking And Savings $350 Coupon