Webster Bank is offering you a $50 referral bonus for each person or business you refer! Once the individual or business opens a new checking account and complete the requirements, you will earn the $50 referral bonus! Below is all the information and details you need to earn your Webster Bank $50 Referral Bonus!
Webster Bank $50 Referral Bonus Account Summary
To earn your Webster Bank $50 Referral Bonus, simply refer friends, family, or business to Webster Bank.
- Referrer Bonus Offer: $50
- Referree Bonus Offer: $0
- Availability: CT, MA, NY, RI (Bank Locator)
- Expiration: None
- Credit Inquiry: Soft Pull
- Credit Funding: Unknown
- Opening Deposit Requirement: $50 – $500
- Direct Deposit Requirement: Optional
- Monthly Service Fee: See below
- Early Termination Fees: $15 if you close the account within 90 days
- Promo Code(s): None
Application Link
Webster Bank $50 Referral Bonus: If you are eligible for this bonus offer, visit your nearest branch or go online to apply!
If you are interested in more Webster Bank Deals, Bonuses, and Promotions, see our compiled list of Webster Bank Deals here.
Referral Bonus Requirements
- Follow the link to refer a friend OR refer a business to Webster. Make sure the friend or business you referred:
- Opens a qualified personal or business checking account, AND
- Makes 5 online bill payments, OR
- Makes 10 debit transactions, OR
- Sets up direct deposit (personal accounts only)
- After these transactions are completed, you’ll receive a $50 Visa Reward Card!
Avoid Monthly Fees
- Premier Checking Account: $21.95 monthly fee waived if:
- $10,000 in combined average checking, money market and savings balances during your monthly statement period or $50,000 adding CD, home equity and installment loan balances as of the end of your statement period
- WebsterOne Checking Account: $16.95 (or $14.95 with direct deposit) monthly fee waived if:
- $4,000 in combined average checking, money market and savings balances during your monthly statement period or $20,000 adding CD, home equity and installment loan balances as of the end of your statement period
- Webster Value Checking Account: $11.95 monthly fee waived if:
- Monthly average balance of $1,000 or use your Webster debit card to make 10 purchases per monthly statement period or customers who are at least 65 years of age and have direct deposit.
- Webster eChecking Account: $5 monthly fee waived if:
- One Direct Deposit of at least $500 and 5 or fewer paper checks during your monthly statement period, or if account holder is age 22 and under.
- Webster Student Checking Account: no monthly fees
Author’s Verdict
If you’re looking for ways to earn extra bucks and you bank with Webster Bank, you can earn a Webster Bank $50 Referral Bonus for each person you refer up to ten (10) referrals (max of $500) within a calendar year. Let us know about your thoughts and experiences with this bonus in the comment section below! Be sure to check back on BankDealGuy for more bank deals!