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Premium Checking and Savings

Webster Bank

Bonus

$900

APY

0.01%

Monthly Fee

$15/mo (waivable)

To Qualify

$500 Direct Deposit + $15,000 Balance for 90 days

Availability

NY, MA, RI, CT

Expires

12/31/2026

View Offer

Bonus Details

Earn up to $900. Get $300 for meeting the Premium Checking requirements, $300 for meeting the Premium Savings requirements, and an extra $300 for opening and qualifying on both accounts.

How To Qualify

Open Premium Checking and Premium Savings together. Checking requires $25 to open. Receive $500 in qualifying payroll, pension or government-benefit direct deposits within 90 days, starting the business day after opening. Deposit $15,000 in new-to-bank savings funds within 21 calendar days. Keep a $15,000 daily collected savings balance for 90 days starting the business day after full funding. You cannot currently have, or have held, Webster personal checking or savings within the past 12 months. Keep both accounts open and in good standing until payment, within 30 days after the initial 90-day requirements are met.

The Fine Print

Monthly Fees
$15
Credit Inquiry
Soft Pull
Household Limit
Not eligible if any account owner currently has or had a personal Webster checking or savings account within the previous 12 months.
Account Type
Premium Checking and Savings
Expiration Date
12/31/2026
Availability
New York, Massachusetts, Rhode Island, Connecticut

Monthly Fee Details

Premium Checking has a $15 monthly maintenance fee, waived by keeping $2,500 in checking or $10,000 in combined deposit balances (including CDs).

Official offer terms

Source wording for the promotion. View official source Recorded Invalid Date.

1 CASH BONUS DETAILS: Webster Bank New Checking & Savings Cash Back Bonus Offer: Up to $900 Offer Period: October 1, 2026 – December 31, 2026 Bonus Eligibility: You must be a new Webster Bank personal checking and savings client. Individuals who currently have or had a personal checking and/or savings in the past 12 months are not eligible. Offer is limited to one bonus per client. Offers may be changed, extended, or withdrawn at any time without notice. Offers available online or in-person only. Eligible Personal Accounts: Personal Checking: Webster Connect Checking, Choice Checking, Premium Checking. Personal Savings: Savings, Premium Savings. To receive the checking bonus: Open a new eligible Webster Bank personal checking, which is subject to approval; AND have qualifying direct deposits totaling $500 or more post to your new eligible checking account within 90 days of account opening. The 90-day period begins the business day after account opening. Your direct deposit needs to be an electronic deposit of your paycheck, pension or government benefits (such as Social Security) from your employer or the government. Teller deposits, wire transfers, debit card transfers, ATM, Online and Mobile Banking transfers or deposits, person-to-person transfers, or digital payments (such as Zelle® or Venmo®) are not considered a direct deposit. After you have completed all the above checking requirements, we’ll deposit a $300 bonus into your new account within 30 days after the initial 90-day requirements are met. To receive the savings bonus: Open a new eligible Webster Bank personal savings account, which is subject to approval; AND deposit a total of $15,000 or more in new-to-bank money into your new eligible savings account within 21 calendar days of account opening. The new-to-bank money deposit cannot be funds held by you at Webster Bank; AND maintain at least a $15,000 or more daily collected balance in the new eligible savings account for 90 days. The 90-day period begins the business day after the account is fully funded. After you have completed all the above savings requirements, we’ll deposit a $300 bonus into your new account within 30 days after the initial 90-day requirements are met. To receive the extra bonus: Open the personal checking and personal savings account at the same time and complete all requirements for BOTH the checking bonus and savings bonus. After you have completed all requirements, we will deposit an additional $300 bonus (total bonus amount of $900) in your new eligible savings account within 30 days after the initial 90-day requirements are met. To receive any of the above bonuses, the enrolled account needs to be open in good standing in an eligible account type until payment of the bonus, which will occur within 30 days thereafter. Eligibility may be limited based on account ownership. Bonus may be reversed for fraud or abuse. The Annual Percentage Yield (APY) for Premium Checking effective as of 10/1/2026, is 0.01% for all balances in all states. The Annual Percentage Yield (APY) for Savings and Premium Savings effective as of 10/1/2026, is 0.01% for all balances in all states. Interest rates are variable and subject to change. Fees may reduce earnings on the account. Bonuses are considered interest and will be reported on IRS Form 1099-INT. 3 Premium Checking: Minimum opening deposit of $25 is required. You can avoid the $15 monthly maintenance fee by keeping $2,500 in checking or $10,000 combined deposit balances, including CDs.

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