Deal has ended, view more bank account bonuses by clicking here.
Update 3/12/22: Deal is back, terms state ‘Offer available at the following locations only: Bloomfield, Granby, Enfield, and West Hartford.’ but looks like you can open online.
Offer at a glance
- Maximum bonus amount:Â $300
- Availability:You will need to reside or work within Western or Central Massachusetts or Northern or Central Connecticut OR Be enrolled in a school of higher education within these areas.
- Direct deposit required:Â Yes, no minimum specified
- Additional requirements:Â See below
- Hard/soft pull:Â Soft
- ChexSystems: Yes, report of being sensitive
- Credit card funding:Â Up to $500. Can fund with American Express, Discover, Mastercard & Visa.
- Monthly fees:Â None
- Early account termination fee:Â Unknown, maybe 180 days bonus forfeit
- Household limit:Â None listed
- Expiration date:Â None listed
Contents
The Offer
- Westfield Bank is offering a bonus of $300 when you open a new checking account online or at any of our Connecticut offices. Must complete the following requirements:
- Use promo code $300CTConsumer
- Order a debit card enroll in online banking and receive $50
- Enroll in eStatements and receive $50
- Sign up for direct deposit and receive $200
The Fine Print
- One offer per person available to new WB Portfolio, WB Performance, WB CT Signature, WB CT Free, or WB CT 16-25 Checking account customers only.
- Order a debit card and enroll in online banking to receive $50. Enroll in eStatements and receive $50. Sign up for direct deposit and receive $200.
- The bonuses will be deposited into your account within 45 days after the criteria is met, which must happen within 60 days of account opening. Minimum balance to open a WB Portfolio, WB Performance, WB CT Signature, WB CT Free, or WB CT 16-25 Checking account is $10.
- As of 8/7/2020, the Annual Percentage Yield (APY) on the WB Portfolio Checking account is 0.10% and may change after the account is opened.
- Minimum balance to earn the APY is $10. Fees may reduce earnings.
- Offer available at the following branch locations: Bloomfield, Granby, Enfield, and West Hartford, or online.
- Offer may be rescinded at any time. Promotional code: $300CTConsumer
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Free checking account qualifies and that has no monthly fees to worry about.
Early Account Termination Fee
With other bonuses account has needed to be kept open for 180 days to avoid losing the bonus.
Our Verdict
Previous best bank bonus was $200, this is an extra $100 and the requirements are the same. Fingers crossed it works in MA as well, but seems to be CT only this time around.
Hat tip to reader CK9
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
- 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
- Bank Bonus Posting Times
William Charles expired
When trying to enter promo code “$300CTConsumer” says theres a spelling error, wont let me proceed. Weird.
same
rejected too many inquiries. Only 6 in the past year. There are two offers, one for personal and one for business
Has anyone gotten this to work? Like others below, I get a code error when signing up for this
Promo code error while applying for ‘WB CT Free Checking (Connecticut Residents Only)’ – “Please check the spelling of your entry or enter a valid promo code”. Tried all possibilities. Will be calling them on Monday
Also tried the promo and got the same error msg… Let me know what they say if you call!
San did you end up calling?
Sort of unrelated to this… Finding account with a credit card… Never done that before. If done with an Amex is that considered cash advance/does amex not like it and not count it toward minimum spend?
Called in to see if this was open to MA, the CSR says if the offer code contains CT that it’s for CT residents only. I suppose it still could work for MA but I’m passing. This bank turned me down due to Chex in 2018 when I was only like 8/24 or so.
Promo code does not seem to be valid and/or working. I selected various iterations of checking accounts without success.
Opened “WB CT Free” account on 12/31/2020:
– Received $50 on 1/4/2021for signing up for online banking
– Received $250 on 1/28/2021 for BOTH direct deposit and signing up for e-statements
Used ACTUAL DD from employer of $50. I confirmed with customer service that there is NO minimum DD amount required to get the bonus; therefore, as little as $1 could be used to meet DD requirements.
I plan to leave this account open for 6 months to avoid claw back of bonus.
This promotion is back for ONLY CT state now
Link?
this offer ended 12/31/20