[Expired] [Seaport, Boston MA only] Blue Hills Bank $300 In Branch Checking Bonus

Deal has expired, view the best current checking bonuses by clicking here.

Bonus is back for 2018 but has been reduced to $300 (from $350). Hat tip to reader Mike W

Offer at a glance

• Maximum bonus amount: $350
• Availability: MA only. Only available in branch at their seaport branch.
• Direct deposit required: $500+ per month
• Additional requirements: Use promo code or apply in branch
• Hard/soft pull: Soft
• ChexSystems: Yes, sensitive as well
• Credit card funding: Up to $1,000
• Monthly fees: None
• Early account termination fee: $25, 90 days
• Household limit: One
• Expiration date: December 31st, 2017 December 31st, 2018

The Offer

Direct link to offer

• Blue Hills Bank is offering a sign up bonus of $300 when you open a new checking account at their  Seaport branch
  • Use promo code SEA300
  • Receive a direct deposit of $500 or more per month within 60 days of account opening

 

The Fine Print

• Account must be opened by December 31, 2018 through the Seaport branch.
• $25 minimum opening deposit.
• Offer or promo code “SEA300” must be presented at time of account opening.
• Earn $300 by opening a checking account and establishing direct deposit within 60 days of account opening.
• Direct deposit must be recurring at least monthly and equal at least $500 per month to earn $300 incentive.
• Qualifying direct deposit transactions are limited to deposits made by an employer, government agency, or pension payments administrator.
• Direct deposits exclude transactions made by individuals via online banking or an internet payment provider. Incentives will be credited to the qualifying account within 30 days after the 60 day qualifying period ends and may be reported on Form 1099 in the year received.
• Cannot be combined with any other promotional offers.
• Bank reserves the right to withdraw the promotional incentive from customers’ accounts if requirements are not maintained for 12 consecutive months.
• Offer may be extended, modified, or discontinued at any time.
• One per household.
• New customers only.
• Other terms and conditions may apply.

Avoiding Fees

Blue Hill Bank offers a free checking account, the only requirement is that you must open it with at least $10. Their fee schedule says that there is an early account termination fee of $25 if the account is closed within 90 days.

Our Verdict

This is the best deal they have ever offered by far, previous deals were for $300 in Uber credit or $200 in cash. Really nice that there is no monthly fee to worry about and the requirements are fairly easy to meet. This is easily one of the best checking bonuses currently available. Shame it’s only available in branch at Seaport and it’s not $350 like last year.

Useful posts regarding bank bonuses:

• A Beginners Guide To Bank Account Bonuses
• PSA: Don’t Call The Bank
• Introduction To ChexSystems
• Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
• What Banks & Credit Unions Do/Don’t Pull ChexSystems?
• How To Use Our Direct Deposit Page For Bank Bonuses Page
• Common Bank Bonus Misconceptions + Why You Should Give Them A Go
• How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
• Affiliate Links & Bank Bonuses – We Won’t Be Using Them
• Complete List Of Ways To Close Bank Accounts At Each Bank
• Banks That Allow/Don’t Allow Out Of State Checking Applications