Have you been thinking about switching banks but haven’t found the right incentive? WSFS Bank’s current $350 checking account bonus might be exactly the motivation you need. After researching dozens of bank promotions this month, this offer caught my attention for its substantial bonus amount and surprisingly simple requirements. If you’re looking for a quick financial win while potentially finding a better banking home, this promotion deserves your attention.
The offer is available in the following states: PA, NJ, DE or MD.
Looking for easy cash bonuses available nationwide? Our guide to the best bank bonuses has huge offers from BMO & Chase—grab them before they’re gone!
Key Takeaways
- Earn a $350 cash bonus when opening any new WSFS checking account with direct deposit
- Qualify with just one direct deposit of $500 or more within 90 days of account opening
- Choose from three eligible accounts: Everyday Banking, Campus Banking, or Relationship Checking
- Offer valid until July 31, 2025 for new WSFS customers only
- Bonus will be deposited within 60 days after the 90-day qualification period
- WSFS offers nearly 90 banking offices and one of the largest ATM networks in the region
WSFS Bank $350 Bonus: The Complete Breakdown
WSFS Bank (pronounced “wiss-fiss”) is currently offering new customers a generous $350 cash bonus when opening a checking account and setting up direct deposit. What makes this offer particularly appealing is the straightforward qualification process—no complicated hoops to jump through or multiple requirements to track.
How to Earn the $350 Bonus
Earning the bonus is refreshingly simple and requires just three steps:
- Open a new personal checking account by July 31, 2025
- Make one qualifying direct deposit totaling $500 or more within 90 days of account opening
- Receive your $350 bonus within 60 days after the initial 90-day qualification period
That’s it—no debit card transaction requirements, no minimum balance to maintain beyond what the account normally requires, and no complicated multi-part bonus structure. Just open an account, set up a single direct deposit of at least $500, and collect your $350.
Trending Savings Account Deal:
Eligible Accounts
You can choose from three different WSFS checking accounts, each designed for different banking needs:
- Everyday Banking Checking: Their most popular account, designed for everyday banking needs with no monthly fee when you have direct deposit or maintain a $500+ monthly average balance.
- Campus Banking Checking: Specifically for students and young adults ages 16-24, with no minimum balance requirements and up to $10 per month refunded in non-WSFS ATM fees.
- Relationship Checking: An interest-bearing account with premium benefits and tiered interest rates. No monthly fee when you maintain a $5,000 monthly average balance or $25,000 combined minimum balance in qualified deposits or loans.
All three accounts qualify for the same $350 bonus, so you can select the one that best fits your banking style and needs.
Eligibility Requirements
To qualify for the WSFS Bank bonus, you need to be:
- A new WSFS customer who doesn’t have signing authority on an existing WSFS Bank account
- Able to make a qualifying direct deposit of at least $500 within 90 days
- Opening an eligible checking account by July 31, 2025
WSFS defines qualifying direct deposits as “Automated Clearing House (ACH) transactions that WSFS Bank has determined to be compensation for employment or government benefit payments based on the transaction entry description.” This typically includes payroll deposits and government benefits like Social Security, but may not include transfers from other banks, Venmo/PayPal transfers, or tax refunds.
The offer is limited to one bonus per household, and if multiple accounts are opened with the same signers, only one account will be eligible for the bonus.
Trending Checking Account Deal:
Beyond the Bonus: What WSFS Bank Offers
While the $350 bonus is certainly enticing, it’s worth considering what WSFS Bank offers beyond this promotion. After all, switching banks is only worthwhile if you’ll be happy with the long-term relationship.
Regional Presence and Accessibility
WSFS Bank (Wilmington Savings Fund Society) has been around since 1832 and primarily serves the Delaware Valley region, including parts of Delaware, Pennsylvania, New Jersey, and Maryland. They offer:
- Nearly 90 banking offices across the region
- One of the largest ATM networks in the area
- Comprehensive online and mobile banking platforms
If you live in their service area, the combination of physical branches and digital tools provides excellent accessibility for managing your money.
Account Features
All WSFS checking accounts come with several valuable features:
- Early Pay: Get paid up to two days early with direct deposit
- Online & Mobile Banking: Manage your account from anywhere
- WSFS Bank Visa Debit Card: Comes with Visa’s Zero Liability Guarantee
- Mobile Check Deposit: Deposit checks through the WSFS Mobile App
- Mobile Payment Solutions: Compatible with PayPal, Apple Pay, and Samsung Pay
The Relationship Checking account also offers bonus interest rates on related accounts and discounts on banking services, which could provide additional value beyond the initial bonus.
Community Focus
WSFS emphasizes their community banking approach, with associates who “live and work right here in our region.” This local focus often translates to more personalized service compared to national banks, which might be appealing if you value relationship banking.
My Take on the WSFS Bank Bonus
After analyzing dozens of bank promotions each month, I can confidently say that the WSFS Bank $350 bonus offer stands out for several reasons:
- The bonus amount is substantial: $350 is on the higher end of what banks typically offer for checking accounts with minimal requirements.
- The qualification process is refreshingly simple: Just one direct deposit of $500 is significantly easier than many competing offers that require multiple direct deposits, debit card transactions, or higher deposit amounts.
- The account options are flexible: With three different checking accounts to choose from, you can select the one that best fits your banking needs without sacrificing bonus eligibility.
- The bank itself has a solid reputation: Founded in 1832, WSFS has a long history and strong regional presence, suggesting stability and reliability.
The main limitation is geographical—WSFS Bank primarily serves the Delaware Valley region, so this offer is most relevant to residents of Delaware, Pennsylvania, New Jersey, and Maryland. If you live outside their service area, you might find the lack of local branches inconvenient despite their digital banking options.
How to Apply for the WSFS Bank $350 Bonus
If you’re interested in taking advantage of this offer, here’s how to apply:
- Online: Visit the WSFS Bank website and select “Open Online” under your preferred checking account option. The application process takes about 10 minutes.
- In-Branch: Visit any WSFS banking office to open your account in person. This might be preferable if you have questions or want assistance setting up direct deposit.
When applying, be prepared to provide:
- Valid government-issued ID
- Social Security number
- Contact information
- Employment information
- Initial deposit (minimum $100 for Everyday Banking)
After opening your account, make sure to set up direct deposit with your employer as soon as possible to ensure you meet the $500 requirement within the 90-day window.
Is the WSFS Bank $350 Bonus Right for You?
Based on my analysis, this bonus is particularly well-suited for:
- Residents of the Delaware Valley region (Delaware, Pennsylvania, New Jersey, Maryland) who can take advantage of WSFS’s physical branch network
- Those with regular direct deposits who can easily meet the $500 requirement
- Students and young adults who might benefit from the Campus Banking account’s features
- Relationship bankers looking for interest-bearing accounts with premium benefits
- Anyone seeking a straightforward bank bonus without complicated requirements
It might be less ideal for:
- Those outside WSFS Bank’s service area who prefer access to physical branches
- People who can’t set up direct deposit within the 90-day window
- Existing WSFS Bank customers who aren’t eligible for the bonus
- Those seeking the absolute highest interest rates (though the bonus effectively boosts your return in the first year)
The Bottom Line: A Generous Bonus from a Respected Regional Bank
The WSFS Bank $350 checking bonus represents an excellent opportunity for eligible individuals to earn substantial cash while potentially discovering a better banking relationship. The combination of a generous bonus amount, straightforward requirements, and solid banking features makes this promotion worth serious consideration.
What’s particularly appealing is the simplicity—one direct deposit of $500 is all it takes to qualify, making this one of the most accessible bank bonuses currently available. The fact that you can choose from three different checking accounts ensures you can find an option that fits your specific banking needs.
If you live in the Delaware Valley region and are in the market for a new checking account, I’d recommend taking advantage of this offer before it expires on July 31, 2025. Bank bonuses of this magnitude with such simple requirements don’t come around often, and the potential benefits extend well beyond the initial $350.
Have you taken advantage of bank bonuses before? I’d love to hear about your experiences in the comments below!
READ MORE: SEE THE BEST BANK BONUSES HERE
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Interested in opening at WSFS Bank a $350 bonus a/c for checking. While using your link, it took me to their website asking for OFFER CODE. No code on your website. Called WSFS Bank. Customer service said the bonus is not for everyone and must have the offer code. Please verify.