Webster Bank Review: $250, $350, $500, $800 Checking Account Bonuses

Get new Webster Bank bonuses, promotions and offers for Checking, Savings and Business accounts here. Typically promotions have been for $250 to $500 in bonus cash.

Established in 1870, Webster Bank is headquartered in Waterbury, Connecticut and is the states second largest bank. They have around 180 branches across the following states:

• Connecticut
• Massachusetts
• New York
• Rhode Island

See our Bank Bonuses Guide here if you’re not local to one of these states.

While they do offer Savings/Money Market and CD accounts, rates won’t be as competitive as the ones you can find with online-only banks. See our Savings/Money Market and CD account guides for better rates.

We’ll review the current Webster Bank promotions below.

Webster Bank Personal Checking $250 Bonus & $500 In Referrals

Webster Bank has an ongoing promotion with ReferLive.com where you can earn a $250 sign-up bonus for a new personal Checking account. You can also start making referrals to Webster Bank and earn $50 per qualified referral, up to $500 per calendar year.

First, Sign Up With A Personal Checking Account For The $250 Bonus

Up to $250 in bonus money

Depending on how many of the requirements you meet, you can earn anywhere from a $25 bonus, up to a $250 maximum bonus.

• $250 bonus has no set expiration date.
• Offer available to residents of Connecticut, Massachusetts, New York, Rhode Island.
• Application will trigger a Soft Pull, which does not affect your credit.
• Eligible checking accounts include Webster eChecking, Webster Value Checking, WebsterOne Relationship Checking or Premier Checking Account.
• Minimum opening deposit required for these accounts is $50 except for Premier Checking, which is $500.
• You must not have had an active Webster Bank Checking account within the past 60 days.
• To earn the $250 bonus:
  • Use the offer link below and register your information for the bonus
  • Open an eligible new personal Checking account.
  • For the $25 total bonus: Complete ONE of the following by the end of the second full month that your account is open:
    • Set up a direct deposit, OR
    • Make 10 debit transactions (using PIN or signature), OR
    • Make 5 online bill payments
  • For a $75 total bonus: Complete the requirements for $25, PLUS:
    • Have an average monthly balance of $2,500 during the second full month that your account is open
  • For the $250 total bonus: Complete the requirements for $25, PLUS:
    • Have an average monthly balance of $10,000 during the second full month that your account is open
  • Once all requirements have been met, you will receive a VISA Reward Card. Please allow 4-6 weeks for delivery.

Waive The Monthly Fee

• eChecking: Waive the $5 Monthly Fee by receiving qualifying direct deposits of over $500 and use less than 5 paper checks
• Value Checking: Waive the $11.95 Monthly Fee by having an average monthly balance of $1,000 or more
• Relationship Checking: Waive the $16.95 Monthly Fee by having an average monthly balance of $4,000 or more
• Premier Checking: Waive the $21.95 Monthly Fee by having an average monthly balance of $10,000 or more

Then, Make Up To $500 In Yearly Referral Bonuses

$50 sign-up bonus

Make up to 10 qualified referrals per calendar year for a maximum bonus of $500. Your referrals will be able to earn up to the $250 maximum bonus as described above as well. The referred account is qualified if it meets the deposit and activity requirements for the minimum reward (the $25 bonus), and is considered in good standing at the time of reward card issuance.

• $500 yearly referral bonus has no set expiration date.
• Each qualified referral earns a $50 bonus for you. You can earn up to 10 referral bonuses per calendar year.
• Your referrals can earn up to the $250 bonus as described in the offer above.
• If your referrals meet the requirements for at least the $25 bonus, then they are considered qualified referrals for you to receive your $50 bonus.
• The referrer and referee will each receive their reward cards, pending qualifications, approximately 14-16 weeks after account opening.
• Use the link below to register and start making referrals.

Webster Bank Business Checking $250 Bonus & $500 In Referrals

This offer for Webster Bank Business Checking accounts is similar to the personal Checking offer above via ReferLive.com. Earn a $250 bonus when you open a new Business Checking account and meet the requirements. Then, refer up to 10 qualified referrals per calendar year for up to $500 in bonuses.

First, Sign Up With A Business Checking Account For The $250 Bonus

$250 bonus for Business Checking as well

You can earn anywhere from a $25 bonus, up to a $250 maximum bonus.

• $250 bonus has no set expiration date.
• Offer available to residents of Connecticut, Massachusetts, New York, Rhode Island.
• Application will trigger a Soft Pull, which does not affect your credit.
• Eligible checking accounts include Webster Business Value Checking, Webster Complete Business Checking, or Webster Commercial Checking for Small Business.
• Minimum opening deposit required for these accounts is $500.
• You must not have had an active Webster Bank Checking account within the past 60 days.
• To earn the $250 bonus:
  • Use the link below to register for the bonus
  • Open a new Webster Business Checking account
  • For a total $25 bonus: Complete the following by the end of the second full month that your account is open:
    • Make 10 debit transactions (using PIN or signature), OR
    • Make 5 online bill payments
  • For a total $75 bonus: Complete the requirements for $25, PLUS:
    • Have an average monthly balance of $2,500 during the second full month that your account is open
  • For a total $250 bonus: Complete the requirements for $25, PLUS:
    • Have an average monthly balance of $10,000 during the second full month that your account is open
  • Once all requirements have been met, you will receive a VISA Reward Card. Please allow 4-6 weeks for delivery.

Then, Make Up To $500 In Yearly Referral Bonuses

Make up to 10 qualified referrals a year for a maximum of $500 in bonus money.

• $50 referral bonus offer has no set expiration date.
• Make up to 10 qualified referrals a year, for up to $500 in bonuses.
• Use the link below to register your information to start making referrals.
• You can start referring via email or by sharing your personal referral link via social media.
• Your referrals will get an email with instructions how to earn their bonus, and you will earn yours as well.
• Your referrals must reside in CT, MA, RI or NY.
• Your referrals must register for the offer and open a new Webster Business Checking account (Webster Business Value Checking, Webster Complete Business Checking, or Webster Commercial Checking for Small Business). Minimum opening deposit required for these accounts is $500.
• Your referrals must complete ONE of the following within the specified time period:
  • Make 5 online bill payments, OR
  • Make 10 debit card transactions (PIN or signature)
• Once all requirements have been met, both you and the person you referred will receive a VISA Reward Card. Please allow 4-6 weeks for delivery.
• Your referrals can earn up to $250 in bonuses as described in the above Business Checking offer.

Compare To These Top Bank Promotions

Be sure to check out the top offers from Chase Bank, BBVA Compass Bank, TD Bank, and CIT Bank. See all current offers on our Bank Promotions Page.

• Simple Bank Review: Unlimited $20 Bonuses & Top Savings Rate Offer
• BBVA Compass Bank Promotions: $150 Checking Bonus, Money Market & CD Offers
• Chase Student Checking Promotions: $100 Chase College Checking℠ Bonus
• Chase Total Checking® Account Bonus: $200 Coupon Available Online
• Chase Premier Plus Checking℠ Bonus: $300 Coupon Offer
• HSBC Bank $200, $350, $750 Checking Account Bonuses
• HSBC Bank Premier Checking Account $750 Bonus Offer
• HSBC Bank Advance Checking Account $350 Bonus Offer
• Chase Coupon Promo Codes: $150, $200, $300, $350, $500 – January 2019
• CIT Bank Promotions: Online Savings Builder Account Offers 2.45% APY
• TD Bank Promotions: $300 & $150 Checking Account Bonuses

Webster Bank Up To $850 In Business Bonuses

Earn up to $850 in bonuses with this offer from Webster Bank for their business services (get a $350 bonus with Webster business checking + up to $250 with a new Merchant Services account + up to $250 with payroll processing as your first month is free). The $350 bonus for a new business checking account will be the most practical offer for most consumers.

• This offer is set to expire 11/10/2017
• Offer available to residents of Connecticut, Massachusetts, New York, Rhode Island. Promotion valid at Webster Banking Centers located in Boston, Cambridge, Newton, Lexington, Needham, Burlington, Brookline, Wellesley and Quincy
• Application will trigger a Soft Pull, which does not affect your credit.
• Eligible checking accounts include the Webster Complete Business Checking and Webster Business Value Checking accounts

How To Earn The Bonuses

First, earn a $350 bonus for a one new Business Checking Account.

• Business customer must qualify for the account and complete either of the following by 12/22/2017:
  • make cumulative deposits of $5,000 or more, OR
  • complete a total of 6 deposits.
• Receive $350 with Webster Complete Business Checking. Minimum opening deposit of $500 is required. The $21.95 monthly service charge can be waived by maintaining a monthly average balance of at least $7,500.
• Receive $350 with Webster Business Value Checking. Minimum opening deposit of $500 is required. The $11.95 monthly service charge can be waived by maintaining a monthly average balance of at least $2,500.
• Fine Print
  • To be eligible, the primary business customer must not have had an open checking account since 02/01/2017 at Webster Bank.
  • Account must be in good standing at the time of payment; an account is considered to be in good standing if it has a positive balance and is not in the process of being closed.
  • All funds will be transferred into the newly established checking account by 02/05/2018.
  • Amounts will be reported to the IRS, and customer is responsible for any applicable taxes.
  • Offer is available to residents of NY, MA, RI and CT only.

Then, earn up to a $250 statement credit for a new Webster Bank Merchant Services account.

• Merchant Services Offer. Open and use a new Webster Bank Merchant Services account and receive up to a $250 statement credit.
• This offer is valid for merchants that open a Webster Merchant Services account through First Data between 09/05/2017 and 11/10/2017.
• Qualified merchants receive a $250 statement credit when they have annual signed Visa/Mastercard volume of $300,000 or greater.
• Qualified merchants with annual signed Visa/Mastercard volume of $150,000 to $299,999 will receive a $150 statement credit.
• Offer is not valid for clients with annual signed Visa/Mastercard volume below $150,000, existing Webster Bank Merchant Services clients, or additional outlets.
• Expected annual signed volume is determined during the consultation between the merchant and First Data.
• Statement credit is posted 90 days post account activation.

Finally, earn $250 in value for Webster Bank’s Payroll Solutions.

• Payroll Solutions. First Month of Payroll Free—(max $250) and Free HR360 Online HR Services for one year (annual value—$420).
• First payroll must be run by 11/20/2017.
• Payroll Services are offered through an agreement between Webster Bank, N.A. and Complete Payroll Solutions, LLC (CPS).

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