Offer at a glance
- Maximum bonus amount:Â $250
- Availability: You must also be a resident of Essex County, Massachusetts or Rockingham County, New Hampshire
- Direct deposit required:Â Yes, $1,500+ within 3 months
- Additional requirements:Â See below
- Hard/soft pull: Soft pull
- ChexSystems: Unknown
- Credit card funding: Up to $2,500
- Monthly fees:Â None
- Early account termination fee:Â Unknown
- Household limit:Â One
- Expiration date:Â None
Contents
The Offer
- Pentucket Bank is offering a $250 checking bonus when you open a new Free Checking Account online and complete the following requirements:
- Use promo code OPENNOW250
- Have a total of $1,500 in direct deposits post and clear to the promotional Free Checking Account in the first three statement cycles from the date of account opening
- Sign up for and maintain an active Online Banking or Mobile App account for the first three statement cycles from the date of account opening
The Fine Print
- Open a Pentucket Bank Free Checking Account online and receive $250 by meeting the following criteria: have a total of $1,500 in direct deposits post and clear to the promotional Free Checking Account in the first three statement cycles from the date of account opening. Must also sign up for and maintain an active Online Banking or Mobile App account for the first three statement cycles from the date of account opening. Active Online Banking and/or Mobile App account is defined as a minimum of one valid log in during a thirty day period.
- Checking account must be opened online at www.PentucketBank.com.
- Account must be opened with new money, which is defined as funds not currently on deposit with Pentucket Bank and a minimum deposit of $10.00 is required.
- $250 will be deposited into the promotional checking account by the last day of the month following the first three statement cycles if all of the aforementioned criteria is completed.
- Limit one (1) promotional Free Checking account per household.
- Promotional offer may be discontinued at any time at the discretion of Pentucket Bank.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
There is no fee for the free checking account.
Early Account Termination Fee
I wasn’t able to find a fee schedule.
Our Verdict
Seems very location restrictive unfortunately. Otherwise the deal is good if it’s a soft pull. If anybody goes for this let us know your experiences in the comments below.
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