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Get updated promotions and bonuses from Washington Savings Bank here. Typical offers are for $100 to $300 in cash.
Established in 1892, Washington Savings Bank has 2 branches in the Massachusetts area.
For more current offers, see our bank bonuses page. Popular offers can be had from banks like Chase Bank, HSBC Bank, Aspiration, Bank of America, and many more.
Rates aren’t great with Washington Savings Bank. You’ll find better Savings rates here and better CD rates here.
I’ll review the current promotions below.
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[Expired] Washington Savings Bank $300 Checking Bonus
The Cash Rewards Checking and Interest Rewards Checking accounts will qualify for this $300 promotion. Accounts can be new or existing for the offer. Direct deposit will be required for the bonus.
- $300 bonus offer expires June 30, 2020
- Available in MA only
- Cash Rewards Checking and Interest Rewards Checking qualify for the offer
- Direct Deposit is required for the bonus
- Application will not affect your credit (Soft Pull)
- No monthly fees with accounts
The offer page seems to show an old expiration date. But, when you click on the “Claim your $300” link on the offer page, the .pdf form shows an updated expiration date.
$300 Bonus Details
Features for every new Checking account
- Free online banking
- Free 24/7 debit card customer support
- Free estatements
- Free mobile banking
- Free yearly order of checks
- Free mobile deposit
- $10 Overdraft Pass™
- Free mobile card controls
Cash Rewards Checking features
- Free checking
- Free from monthly service charges
- Surcharge-free Nationwide ATMs on the Allpoint® Network
- Free debit card cash rewards – earn up to $20/month
Interest Rewards Checking features
- Free checking
- Free from monthly service charges
- Plus earn rewards when qualified:
- High interest on balances up to $10,000
- $15 month nationwide ATM refunds
- Monthly qualifications to earn rewards
- At least one ACH (Direct Deposit on payment)
- Estatements
- At least 12 debit card transactions
How to earn the $300 bonus
- Open a new Cash Rewards Checking or Interest Rewards Checking account. Terms state existing accounts can also qualify for the bonus.
- Receive new qualifying direct deposits totaling $4,000 or more within 90 days of checking account opening.
- Receive a $300 deposit into your account within 30 days from redeeming a “$300 Claim Form”and verification of eligibility. The form is on the offer page.
- A qualifying direct deposit is a new recurring direct deposit of a paycheck, pension, Social Security, or other eligible regular monthly income electronically deposited by an employer or outside agency.
- Direct deposits via ATM, online, teller deposits, P2P services like Paypal® or a transfer from a bank or brokerage account do not qualify.
- Washington Savings Bank may change or discontinue this offer at any time before this date without notice.
- One $300 offer per customer, per household, per account.
- Offers can not be combined.
Bottom Line
This offer is quite limited. It’s only available in Massachusetts and there are only 2 branch locations. Still, $300 is a pretty nice value if you can meet the direct deposit requirements.
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Editorial Disclaimer: Opinions expressed here are author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
Disclaimer: These responses are not provided or commissioned by the bank advertiser, credit card issuer, hotel, airline or other entity. Responses have not been reviewed, approved or otherwise endorsed by any of the entities included within the post. It is not the bank advertiser's or any other entity's responsibility to ensure all posts and/or questions are answered.