[MA or RI] St. Anne’s Credit Union $300 Checking Bonus

Offer at a glance

  • Maximum bonus amount: $300
  • Availability: MA or RI
  • Direct deposit required: Yes, $2,000+
  • Additional requirements: See below
  • Hard/soft pull: Unknown
  • ChexSystems: Unknown
  • Credit card funding: Unknown
  • Monthly fees: None
  • Early account termination fee: None
  • Household limit: None
  • Expiration date: None

The Offer

Direct link to offer

  • St. Anne’s Credit Union is offering a bonus of $300 when you open a new digital free checking account and complete the following requirements within 90 days:
    • Two direct deposits of $2,000+

The Fine Print

  • To qualify, open a St. Anne’s Digital Free Checking account with two or more payroll, pension, or government direct deposits totaling $2,000 monthly to your new account within the first 90 calendar days of the account opening date.
  • Electronic credits other than payroll, pension or government benefits do not qualify as direct deposits.
  • This offer is valid for new consumer checking account members who open a Digital Free Checking Account online. New members are primary account owners who have not had a consumer checking account with St. Anne’s since 06/01/2020.
  • Electronic statements and online banking are required.
  • The new account must also meet the following requirements within 90 calendar days: (A) primary owner must reside in MA or RI and be 18 or older, and (B) no overdrafts during the entire 90 calendar days.
  • Incentive for qualified accounts will be deposited into member’s share account no later than 1 month following the successful qualifying 90 days.
  • One incentive per member and per household as defined by a common address.
  • Incentive is taxable.
  • New membership fee $5..
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

This account has no monthly fees to worry about.

Early Account Termination Fee

I wasn’t able to find a fee schedule so unsure if there is an early account termination fee or not.

Our Verdict

Looks to be a good deal, just need to know if you can fund with a credit card or if it’s a hard/soft pull.

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    William Charles
  • On June 26, 2021, 13:00
Tags: direct deposit requiredma bank bonusesri bank bonuses

View Comments (20)

  • Note for these accounts btw: according to their fee schedule, there's a $2 fee for incoming transfer via Online Banking, $3 for outgoing!! (No fee for pulls from the other bank.) Also a $5 fee for 6+ transactions/mo for Money Market account

  • Mine posted exactly three weeks after the 90 days. I used Astra for direct deposit, which coded as "Astra Inc. Astra Inc. PPD"

    Also, the "monthly" requirement goes by statement month, not calendar month!

  • Not super Chex-sensitive -- approved with a handful of inquiries the past couple months, but about 24 the past two years.

  • Emailed me for proof of living or working in their region.

    Expecting to be denied, but will ignore the email and see what happens.

  • Strict about membership qualifications :-/

    Got "approved," but then received email asking for the name of the member I'm related to, even though putting in the name was "optional" in the application. I expect that they will be equally strict following-up on location
    / employer. Good luck!

    • Made an attempt on Saturday, and application was sent for review.
      Got an email today asking for the name of the relative I know... not gonna go for it.

  • Applied and approved. No email nothing. It did not ask me to create the online account either. May be online login details will be sent manually when bank will open on Monday.

    EDIT: Just received an email saying that we are reviewing your application though I was shown approved at the end of application process.

  • Pretty region specific, you have to be living or working in south east ma, Cape Area or RI. I do wonder if it will be enforced though.

      • @guest_1212654 Second step in the application after you put in your email address. There's a dropdown list of acceptable locations where you need to reside. If you say Other you can see the list:

        We service the following Massachusetts and Rhode Island counties:

        Barnstable County, MA
        Bristol County, MA
        Plymouth County, MA
        Bristol County, RI
        Newport County, RI
        Providence County, RI

        We service the following Rhode Island towns:

        Coventry
        East Greenwich
        Warwick
        West Warwick
        North Kingstown

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