Watertown Savings Bank Promotions: $250 Checking Bonus (MA)

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

Update 6/26/24: The offer is back and an increased offer of $250 bonus (from $100) valid through 8/31/24.

Watertown Savings Bank Promotions Review

I’ll go over Watertown Savings Bank offers below.

Watertown Savings Bank $250 Checking Bonus

• What you’ll get: $250 bonus
• Where it’s available: MA (Bank Locator)
• Credit Inquiry: Soft Pull or Hard Pull?
• Credit Card Funding: Unknown
• How to earn it:
  • Open any new WSB checking account with a minimum deposit at account opening is $10 using promo code  at the time of account opening.
  • Receive at least two direct deposits totaling at least $1,000 or more within 45 days of account opening.
  • Maintain an active account. A checking account is “Active” if not dormant. A dormant account is a checking account showing no activity other than posting interest for a period of greater than 90 days. Maintain an active account by using the WSB debit card and enrolling in WSB Online and/or the WSB Mobile Banking app.
  • The $250 reward will be deposited to your new WSB Checking account within 6 weeks of satisfying the foregoing requirements.

(Expires 08/31/2024)

Watertown Savings Bank $200 Referral Bonus *Expired*

• What you’ll get: $200 bonus
• Where it’s available: MA
• How to earn it:
  • Refer friends and family members to open a qualifying checking account using promo code: FRIEND online or mentioning the code when they open the account in branch.
  • Next they will have to make a minimum deposit of $10 to open the checking account.
  • To earn a $100 bonus they will have to set up a direct deposit of at least $1,000 to the account.
  • Then to earn another $100 bonus they will have to use their debit card at least 6 times within 60 days of account opening and make one payment using Online Bill Pay within 60 days.

(Expires March 31, 2020)

How To Avoid Monthly Fees

• Free Checking: None
• Plus Checking: $5 monthly fee, waivable with minimum balance $100 or Direct Deposit
• Pinnacle Checking: $15 monthly fee, waivable with $10,000 combined balance
• Access Savings: $2 monthly fee, waivable with $100 balance
• Money Market: $10 monthly fee, waivable with $5,000 balance
• Pinnacle Savings: None
• Free Business Checking: None
• General: None
• Non-Profit: None
• IOLTA: None
• Business Money Market: $10 monthly fee, waivable with $5,000 balance
• Presidential Business Savings: $10 monthly fee, waivable with $25,000 balance
• Security Deposit Trust Account: None

Bottom Line

To summarize, Watertown Savings Bank has some of the best promotions, bonuses, and offers in Massachusetts. With mobile and online banking, you’ll be able to manage your money anywhere!

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

Additionally, you can find a full list of the best bank promotions here. Finally, remember to bookmark this page because you will always find an updated list of Watertown Savings Bank promotions here.