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Checking and Savings

Eastern Bank

Bonus

$750

APY

0.01%

Monthly Fee

None

To Qualify

$15,000 Balance + $3,000 Direct Deposit for 90 days

Availability

MA, NH, ME, RI

Expires

11/20/2026

View Offer

Bonus Details

  • $350 for fulfilling direct deposit requirement on the checking account
  • $250 for fulfilling balance requirement on the savings account
  • $150 for doing both ($750 total)

How To Qualify

Open Eastern Free Checking ($25 opening deposit) and Statement Savings ($10 opening deposit) within three business days of each other. Receive at least two recurring payroll, pension or government-benefit direct deposits totaling $3,000 in checking within 90 days. Deposit $15,000 into savings within 30 days and maintain a $15,000 average daily balance for the 90-day period beginning on day 31. Keep both accounts open with positive balances until bonuses are paid.

APY Details

Statement Savings earns 0.01% APY as of October 17, 2026. Rates may change after opening; fees may reduce earnings.

APY Requirements

A $10 minimum deposit is required to earn the stated APY.

The Fine Print

Monthly Fees
None
Account Type
Checking and Savings
Promotion Start Date
10/17/2026
Expiration Date
11/20/2026
Additional Requirements
Must be the primary signer and have owned no Eastern personal checking account (checking bonus), or personal savings or money market account (savings bonus), on or after October 17, 2025. Must be at least 18 when qualification is determined, reside in MA, NH, ME or RI, and have a valid tax ID. Limit one bonus of each type per household; cannot combine with other deposit offers.
Availability
Massachusetts, New Hampshire, Maine, Rhode Island

Monthly Fee Details

No monthly fee on Eastern Free Checking nor Statement Savings

Official offer terms

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

Minimum Deposit Requirements for opening account: $25 for Eastern Free Checking; $50 for Eastern eZ Checking; $500 for Eastern Premier Checking; and $10 for Eastern Statement Savings. Annual Percentage Yield (APY) as of 10/17/2026: Eastern Premier Checking: 0.01%; Eastern Statement Savings: 0.01%. Rates may change after account opening. Fees could reduce earnings on account. Minimum Deposit Requirement to earn interest at stated APY for account: $10. To be considered a “new” customer you (1) must be the primary signer on the new account and (2) must not have been an owner of a personal checking account (for the Checking Account Offer) or of a personal savings or money market account (for the Savings Account Offer) on or after October 17, 2025 with Eastern Bank. To receive any bonus, the qualifying account must be open and have a balance greater than zero at the time the bonus is to be paid and you must meet the following eligibility requirements: (1) be at least 18 years of age as of the date qualification for the bonus is determined; (2) reside in MA, NH, ME, or RI; and (3) have a valid tax ID. You and the members of your household (defined by a common address) are only eligible for one bonus of each offer type. All earned bonuses will be deposited to the qualifying account by 4/19/2027. Checking Account Offer: New checking customers who open a personal checking account (other than a Private Bank Checking Account) at Eastern Bank between 10/17/2026 and 11/20/2026 will earn a $350 Bonus if the account receives two or more recurring electronic payroll, pension, or government benefits direct deposits totaling at least $3,000 within the first 90 days after account opening. Other forms of electronic payments and transfers (including person-to-person payments, transfers between your accounts at Eastern Bank or other institutions, and payments through 3rd parties such as PayPal and eBay) do not qualify as direct deposits for purposes of this bonus offer. Savings Account Offer: New savings customers who open a Statement Savings Account (other than a Private Bank Savings Account) at Eastern Bank between 10/17/2026 and 11/20/2026 will earn a $250 Bonus if at least $15,000 is deposited in the account within 30 days of account opening and the account has an average daily balance of at least $15,000 over the 90-day period beginning on the 31st day after account opening. Extra Offer: Eastern Bank will pay an additional $150 Bonus to customers who satisfy the requirements for both the Checking Account Offer and the Savings Account Offer if the qualifying checking and savings accounts were opened within 3 business days of each other. If the requirements for this bonus are met, Eastern Bank will deposit the total bonus to the qualifying personal checking account. These offers cannot be combined with any other deposit offers.

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