[Expired] [MA, RI only] BayCoast Bank $222 Checking Bonus

Deal has ended, view more bank account bonuses by clicking here.

Update 1/8/23: Extended until Jan 31st 2023.

Offer at a glance

• Maximum bonus amount: $222
• Availability: MA, RI
• Direct deposit required: Yes, $250+ per month for three months
• Additional requirements: See below
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: Unknown
• Monthly fees: $3, avoidable
• Early account termination fee: $25, six months
• Household limit: None listed
• Expiration date: December 31, 2022

The Offer

Direct link to offer

• BayCoast Bank is offering a bonus of $250 when you open a new checking account using the promo code BCB222 and complete the following requirements
  • Establish a direct deposit (one or more direct deposits totaling $250 or more for three consecutive months)

The Fine Print

• Use code BCB222. Receive $222.00 by opening any BayCoast Bank personal checking account and establishing direct deposit. To qualify for the $222.00 direct deposit incentive, customer must receive one or more direct deposits for 3 consecutive months that total $250.00 or more each month.
• Direct deposits are automatic electronic deposits made through the ACH network to your account by someone else, such as an employer issuing payroll or a government or retirement plan paying benefits.
• It may not include deposits to your account that are made by an individual using online banking, an Internet payment provider, or a merchant advancing payroll using a debit card.
• Offer valid for new accounts opened by 12/31/2022.
• Must be 18 years or older to open an account.
• Customer must not have had an open BayCoast Bank checking account within the last 6 months.
• Customer has up to 150 days after account opening to take the necessary action(s) to qualify for the incentive and account must be open and in good standing.
• A $222.00 credit will be applied within 30 days of completing these requirements.
• Starter checks will be provided at no cost following account opening upon request.
• Present this offer in person at account opening or enter the promotion code during the online account opening process to be eligible for this offer.
• Only one account is eligible for this offer. Offer is exclusive, nontransferable, cannot be combined with any other offer, and is subject to change at any time. Employees of BayCoast Bank and its subsidiaries are not eligible.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Direct checking account has a $3 monthly fee. This is waived with $1,500.00 deposit or one direct deposit per statement cycle.

Early Account Termination Fee

An early closeout fee of $25.00 will be charged if this account is closed within six (6) months of account opening

Our Verdict

Previous best bonus was $250, but there were a lot more requirements. This is a much better bonus and worth doing if it’s a soft pull.

Hat tip to reader snailrock

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