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Beacon Bank — Beacon One Checking logo

Personal Bank Account

Beacon Bank — Beacon One Checking

Bonus

$300

APY

0.10%

Monthly Fee

None

To Qualify

$3,000 Direct Deposit for 3 consecutive months

Availability

MA, NY, CT, RI, VT

Expires

12/31/2026

View Offer

Bonus Details

Earn $300, paid the month following the third qualifying direct deposit. Optional Stream On credits offer up to $15 monthly for 24 months (up to $360). Each qualifying calendar month requires $2,000 in direct deposits and an eligible monthly subscription debit; both must post and settle that month, with the subscription settled by 5 PM EST on its last business day. Annual subscriptions do not qualify. Missed months do not extend eligibility; closure before posting forfeits credits.

How To Qualify

Open Beacon One Checking with $10. Switch recurring direct deposits through Pinwheel in Beacon’s online banking or app; deposits arranged in branch or directly with payroll do not qualify. Receive at least $1,000 monthly for three consecutive months, with the first deposit posting within 60 days of opening. Keep the account open, active and in good standing through payout.

APY Details

Earn a variable 0.10% APY with Paperless Statements and Notices and a daily balance of at least $0.01. Without paperless enrollment, the APY is 0.00%.

APY Requirements

Enroll in Paperless Statements and Notices and maintain at least $0.01 daily.

The Fine Print

Monthly Fees
None
Account Type
Personal Bank Account
Expiration Date
12/31/2026
Additional Requirements
Must be 18 or older and a new Beacon One Checking client. Existing Beacon checking customers, including former BankRI, Brookline Bank, Berkshire Bank and PCSB account holders, are excluded. One $300 bonus per client.
Availability
Massachusetts, New York, Connecticut, Rhode Island, Vermont

Monthly Fee Details

No monthly maintenance or overdraft fees. External outgoing transfer fees are refunded by the fifth business day of the following month; wire transfer fees are excluded.

Official offer terms

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

New Beacon One Checking clients who set up recurring direct deposits totaling $1,000 or more per month for 3 consecutive months into their Beacon One Checking account will receive $300. To qualify for the $300, the Beacon One Checking client must successfully complete their Direct Deposit switch through Beacon Bank’s online banking platform or Mobile app Direct Deposit tool. The first direct deposit is required to post to the account within 60 days of account opening. Direct deposits set up in branch or directly with the payroll provider outside of the Beacon Bank online banking platform or mobile app will not qualify for this offer. Direct Deposit setup must be submitted through pinwheel to be eligible for this promotion. The $300 reward is not valid for Beacon Bank clients with an existing Beacon Bank Checking account (This includes former BankRI, Brookline Bank, Berkshire Bank, and PCSB accounts) and is limited to new Beacon One Checking clients that set up recurring combined direct deposit total of $1,000 or more per month for 3 consecutive months into their Beacon One Checking account utilizing the online banking platform. Must be at least 18 years of age to use Direct Deposit and to be eligible for credit. Client can only receive one $300 credit for this promotion. Credit Information-The client’s Beacon One Checking account must remain open, active, and in good standing. The calendar month following the third qualifying direct deposit, Beacon Bank will credit $300 into the customer’s Beacon One Checking account set up using Direct Deposit. This Direct Deposit promotion is scheduled to end on December 31, 2026. Any Beacon One Checking accounts opened after December 31, 2026 will not be eligible for the direct deposit credit under the above terms. The minimum balance to open a Beacon One Checking account is $10. The APY as of 9/4/2026 is 0.10% and is subject to change without notice. In order to receive the stated variable 0.10% Annual Percentage Yield (APY), this account must be enrolled in Paperless Statements and Notices. ++You will receive a refund of all External Outgoing Transfer fees assessed, which will be credited by the fifth (5th) business day of the following month. Does not include wire transfer fees. 1To qualify for the Stream On credit, each Calendar Month you must: Have a combined direct deposit total of $2,000 or more each month into your Beacon One Checking account AND Set up a monthly subscription with one of the following fifteen streaming services to be debited out of your Beacon One Checking account: Disney+, Netflix, Hulu, YouTube Premium, Paramount+, Spotify Premium, Apple Music, YouTube Music, Amazon Music, SiriusXM, Xbox, PlayStation, Nintendo, Steam, or EA Play. Annual subscriptions do not qualify. Both required transactions must post and settle to the account during the Calendar Month. Your monthly streaming service debit must post and settle to your account by the end of business (5 PM EST) on the last business day of a Calendar Month to be counted. The Stream On credit is not valid for Beacon Bank clients with an existing Beacon Bank Checking account (This includes former BankRI, Brookline Bank, Berkshire Bank, and PCSB accounts) and is limited to new Beacon One checking account clients only. If the account is closed before any credits are posted to your account, the credits will be forfeited.

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