Stoneham Bank Offering $300 Bonus for Checking Account (MA, NH)

Stoneham Bank Offering $300 Bonus for Checking Account

Stoneham Bank is offering a bonus of $300 for new checking accounts. The offer is availably in MA and NH only and you have the option to open the account online, or visit a branch. Direct deposit is required for this bonus. Check out the details of this Stoneham Bank bonus below.

How to Earn This Bonus

To qualify for the $300 Bonus:

• You need to open a StonehamBank Optimum One or Optimum Plus checking account online at stonehambank.com, connect through video banking, or visit our Billerica Branch and mention this offer within 90 days of the account opening date.
• Must complete a qualifying monthly direct deposit of at least $500 into the new checking account.

Once the offer requirements are met, the $300 bonus will be credited into the new personal checking account within 120 days from the new account opening date. The account must remain open, active, and in good standing to receive the bonus. StonehamBank may issue an IRS Form 1099-INT or other appropriate forms reporting the value of the bonus.

Are You Eligible?

Here are the eligibility details for this bonus:

• Offer available in MA and NH.
• The customer must not have had any existing or prior personal checking accounts with StonehamBank within the previous 12 months.

Account Fees

• Optimum One Checking has a $10 monthly fee that is waived with one of the following:
  • Monthly direct deposit of $500 or;
  • Average daily balance of $1500 or;
  • 5 debit card point of sale transactions.
• There’s no early closure fee. However, in the event of the checking account’s closure by the customer or StonehamBank within 6 months of the account opening, StonehamBank reserves the right to deduct the bonus amount from any of the involved accounts upon closure.

Guru’s Wrap-Up

This is a good promotion that will get you $300 in cash for a new checking account. To get this bonus, you need to receive monthly direct deposits of $500 of more. which will also waive the $10 monthly fee on the account.

You might need to get on a video call during the account opening process, or you can visit a branch if you have one near you. Branches are in MA and NH only.

Bank bonuses are a great way to earn some extra income, often from the comfort of your home. You can take a look at my bank bonus results for 2022 where I made over $6,000. If this bonus is not for you, then you can check our full list of available bank bonuses. You can also access bonuses available in your state by visiting dannydealguru.com/tag/MA-bank-bonus/. Just replace MA with your state or with “nationwide”.

And, if you’re new to bank account bonuses, you can learn more about churning bank accounts here.

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Link & Full Details

• OFFER PAGE
• Max Bonus: $300
• Account Type: Optimum One Checking
• Availability: MA, NH
• Type of Inquiry: Soft pull
• Direct Deposit Requirement: $500 monthly (see what works)
• Other Requirements: None
• Credit Card Funding: Up to $2,500
• Monthly Fee: $1- (waivable)
• Early Account Closing Fee: Must keep open for 6 months
• Expiration Date: None

HT: Doctor of Credit

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