Eastern Bank Promotions: $250, $350, $750 Checking, Savings Bonus (MA, NH, ME, RI)

Find the latest listing of Eastern Bank promotions, bonuses, and offers here.

Update 4/14/26: The up to $750 checking & savings bonus has been extended through 5/8/26.

Eastern Bank Promotions Review

Eastern Bank is the oldest and largest mutual bank in the United States and the largest community bank in Massachusetts. With 95 branches. It was founded in 1818 in Salem and then moved to Lynn, Massachusetts.

I’ll go over Eastern Bank offers below.

Eastern Bank $750 Checking & Savings Bonus 

• What you’ll get: Up to $750 bonus
• Availability: MA, NH, ME, RI (Bank Locator)
• Direct deposit requirement: Yes
• Credit inquiry: Soft Pull
• Monthly fees: None
• Early termination fee: None
• How to earn it:
  • Get $350 bonus when you open a new Checking Account and qualify
    • Two or more qualifying direct deposits totaling $4,000 within 90 calendar days of account opening
    • A minimum opening deposit of $25 is required for Eastern Free Checking, $50 for Eastern eZ Checking or $500 for Eastern Premier Checking
    • Incentive will be paid on or before January 15, 2026
  • Get $250 bonus when you open a new Statement Savings Account and qualify
    • Deposit $15,000 within first 30 calendar days of account opening
    • Maintain a $15,000 average daily balance over a 90-calendar-day period
    • Incentive will be paid on or before February 16, 2026
  • Get $750 bonus when you open both and complete all qualifying activities
    • Receive an extra $150 when both accounts are opened within 3 business days of each other and all qualifications are met.
    • Incentive will be paid on or before February 16, 2026

(Expires 05/08/2026)

Fine Print

• Minimum Deposit Requirements for opening account: $25 for Eastern Free Checking; $50 for Eastern eZ Checking; $500 for Eastern Premier Checking; and $10 for Eastern Statement Savings. Annual Percentage Yield (APY) as of 3/1/26: Eastern Premier Checking: 0.01%; Eastern Statement Savings: 0.01%. Rates may change after account opening. Fees could reduce earnings on account. Minimum Deposit Requirement to earn interest at stated APY for account: $10.
• This advertisement covers three bonus offers: a Checking Account Offer, a Savings Account Offer, and an Extra Offer for personal accounts opened at Eastern Bank by “new” customers. To be considered a “new” customer you (1) must be the primary signer on the new account and (2) must not have been an owner of a personal checking account (for the Checking Account Offer) or of a personal savings or money market account (for the Savings Account Offer) on or after March 7, 2025 with Eastern Bank or with HarborOne Bank. To receive any bonus, the qualifying account must be open and have a balance greater than zero at the time the bonus is to be paid and you must meet the following eligibility requirements: (1) be at least 18 years of age as of the date qualification for the bonus is determined; (2) reside in MA, NH, ME, or RI; and (3) have a valid tax ID. You and the members of your household (defined by a common address) are only eligible for one bonus of each offer type. All earned bonuses will be deposited to the qualifying account by 10/5/2026.
• Checking Account Offer: New checking customers who open a personal checking account (other than a Private Bank Checking Account) at Eastern Bank between 3/7/2026 and 5/8/2026 will earn a $350 Bonus if the account receives two or more recurring electronic payroll, pension, or government benefits direct deposits totaling at least $3,000 within the first 90 days after account opening. Other forms of electronic payments and transfers (including person-to-person payments, transfers between your accounts at Eastern Bank or other institutions, and payments through 3rd parties such as PayPal and eBay) do not qualify as direct deposits for purposes of this bonus offer. Eastern Bank will determine whether an account has met the requirements for this bonus within 90 calendar days after the account open date (or by the following business day, if the 90th day is not a business day).
• Savings Account Offer: New savings customers who open a Statement Savings Account (other than a Private Bank Savings Account) at Eastern Bank between 3/7/2026 and 5/8/2026 will earn a $250 Bonus if at least $15,000 is deposited in the account within 30 days of account opening and the account has an average daily balance of at least $15,000 over the 90-day period beginning on the 31st day after account opening. Eastern Bank will determine whether an account has met the requirements for this bonus 120 calendar days after the account open date (or on the following business day, if the 120th day is not a business day).
• Extra Offer: Eastern Bank will pay an additional $150 Bonus to customers who satisfy the requirements for both the Checking Account Offer and the Savings Account Offer if the qualifying checking and savings accounts were opened within 3 business days of each other. If the requirements for this bonus are met, Eastern Bank will deposit the total bonus to the qualifying personal checking account.
• You will receive applicable 1099 tax form(s) for any bonus paid to you. Please consult your tax advisor regarding the tax implications of these offers. These offers cannot be combined with any other deposit offers. Offers may be withdrawn at any time. Other qualifications and restrictions may apply.

How to Avoid Monthly Fees

• Free Checking: No monthly fee or minimum balance requirement*.
• eZ Checking: To Waive the $10 Monthly Fee, get e-statements and make 15 debit card purchases OR get e-statements and maintain a $1,500 average monthly balance.
• Premier Checking: Have combined balances of $25,000 or more and want to take advantage of our benefits including no monthly fees, no account fees and discounts on other products and services.

Author’s Verdict

To summarize, Eastern Bank has some of the best promotions, bonuses, and offers. Be sure to apply while you still can today!

For more current offers, check out our bank bonuses page. Compare Eastern Bank rates for CDs and Savings with our best rates for Savings and CD accounts.

Be sure to check more popular bank promotions include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, and many more.