WaterStone Bank Promotions: $300 Checking, Money Market Bonuses (WI)

Here you can find the latest listing of WaterStone Bank promotions, bonuses, and offers.

Update 10/28/24: There’s currently a $300 checking savings/money market bonus available though 11/30/24.

WaterStone Bank Promotions Review

Established in 1921, WaterStone Bank has been dedicated to being a top financial resource to their communities. Using their expertise, they aspire to strengthen customer loyalty and maximize shareholder value. They’re driven to enrich the lives of their customers and communities through intentional relationships, consistent integrity and financial expertise.

I’ll go over WaterStone Bank offers below.

WaterStone Bank $300 Checking Bonus

• What you’ll get: $300 bonus
• Availability: WI (Bank Locator)
• Credit Inquiry: Soft Pull
• Credit Card Funding: None
• Early Termination Fee: None
• How to earn it:
  • Open a new checking account with direct deposit to earn $200. Add on a new savings or money market account and get an extra $100!
  • $200.00 Automatic Deposit bonus offer requires a $500.00 minimum recurring automatic deposit of payroll or government benefits to be received within 60 calendar days of account opening and will be credited to the checking account on the first statement cycle after the direct deposit is received.
  • $100.00 Money Market Account Bonus requires $5,000.00 or more opening deposit and a Universal checking account to receive bonus. Bonus will be credited to the money market account within 60 calendar days of account opening.

(Expires 11/30/2024)

WaterStone Bank $350 Checking Money Market Bonus (Expired)

• What you’ll get: $250 bonus + 1,000 bonus points + $100 Money Market Bonus
• Availability: WI (Bank Locator)
• Credit Inquiry: Soft Pull
• Credit Card Funding: None
• Early Termination Fee: None
• How to earn it:
  • $200 cash bonus with a direct deposit of payroll or government benefits totaling $300.00 or more within 90 calendar days of account opening.
  • 1,000 ScoreCard® Rewards bonus points (a $50 value!) when logging into ScoreCard® Rewards website for the first time.
  • $25 e-statement credit when e-statements are set up within 90 calendar days of account opening.
  • $25 CheckCard usage bonus if used five times within one statement cycle within 90 calendar days of account opening.
  • Open a Money Market account and earn a $100 cash bonus when the account balance reaches $10,000 or more within 90 calendar days of account opening.

(Limited time offer)

WaterStone Bank $300 Checking Money Market Bonus (Military Valor Program) (Expired)

• What you’ll get: $300 Bonus
• Availability: WI (Bank Locator)
• Credit Inquiry: Soft Pull
• Credit Card Funding: None
• Early Termination Fee: None
• How to earn it:
  • To earn the $300 Bonus, simply open a MVP checking & money market account, and get 1,000 ScoreCard Rewards bonus points!
  • To enroll in the Military Valor Program you must show a government issued military identification card as proof you are an active duty, retired, National Guard or Reserve member or a veteran of the military and have a WaterStone Bank (WSB) Universal checking account.

(Limited time offer)

WaterStone Bank $250 Business Checking Bonus (Expired)

• What you’ll get: $250 bonus
• Availability: WI (Bank Locator)
• Credit Inquiry: Soft Pull
• Credit Card Funding: None
• Early Termination Fee: None
• How to earn it: 
  • Open a Business Checking bonus with the promo code SMBIZ at any branch location.
  • In order to qualify for the bonus, the Business Checking account requires a $100 minimum balance to open AND remain open and active for the entire statement cycle of 180 calendar days.

(Limited time offer)

WaterStone Bank $100 Checking Bonus (Expired)

• What you’ll get: $100
• Availability: WI (Bank Locator)
• Credit Inquiry: Soft Pull
• Credit Card Funding: None
• Early Termination Fee: None
• How to earn it:
  • The WaterStone Bank Military Valor Program* is exclusively for Active Duty Service Members, Military Veterans and Reserve and National Guard Service Members who have or open a new WaterStone Bank Checking account
  • $100 direct deposit credit requires a $200 minimum automatic deposit of military payroll, government benefit or employer payroll to be received within 90 days of enrollment
  • $100 will be credited to your WSB checking account on the first statement cycle after the direct deposit is received

(Limited time offer)

WaterStone Bank $100 Checking Bonus (Expired)

• What you’ll get: $100 bonus
• Availability: WI (Bank Locator)
• Credit Inquiry: Soft Pull
• Credit Card Funding: None
• Early Termination Fee: None
• How to earn it:
  • Open a Essential Checking account with the minimum opening deposit of $100 and complete the following:
  • Set up to receive at least $200 in direct deposits within 90 days.

(Limited time offer)

How to Avoid Monthly Fees

• Essential Checking: $10 monthly fee. Complete one of the following to avoid the monthly account fee:
  • With 5 Debit Card purchases or more that have posted and settled to the checking account each statement cycle(ATM transactions do not qualify)
  • Direct deposits of payroll or government benefits totaling $300.00 or more each statement cycle
• Universal Checking: $25 monthly fee. Complete one of the following to avoid the monthly account fee:
  • With $1,000.00 average daily balance, qualify to participate in the MVP, Student, or BRAVO Program,
  • Have $10,000.00 or more in average daily balances for the statement cycle of related accounts
• Business Essential Checking: $15 monthly fee. Maintain daily balance of $200.00 or average daily balance of $500.00
• Business Advantage Checking: $20 monthly fee. Maintain daily balance of $2,500.00 or average daily balance of $5,000.00 or if you have a business loan of at least $250,000.00
• Business Analysis Checking: $25 monthly fee. Maintain average daily balance of $10,000.00 or consolidated balance of $25,000.00
• Business Interest Checking: $15 monthly fee. Maintain daily balance of $200.00 or average daily balance of $500.00

Author’s Verdict

Be sure to check out these promotions at WaterStone Bank. Furthermore, they offer a variety of accounts, from personal to business, which all include many great features and perks.

For more current offers, check out our bank bonuses page. Compare WaterStone 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.