Stoneham Bank Optimum Checking — $300
$300
verified today
Open a new Optimum One or Optimum Plus Checking account ($10 minimum opening deposit) online, by video banking or at the Billerica branch with promo code 300OFFER. Within 90 days of opening receive a qualifying monthly direct deposit of at least $500 (paycheck, pension or government benefits, transfers from other institutions or brokerages do not count). Bonus is credited within 120 days of opening.
Affiliate link where available — see disclosure below. Always confirm terms on the bank's page.
How to earn it
- 1.Open a new Optimum One or Optimum Plus Checking account online, by video banking or at the Billerica branch
- 2.Use promo code 300OFFER at account opening
- 3.Receive a qualifying monthly direct deposit of at least $500 within 90 days of opening(within 90 days of account opening)
- 4.Keep the account open and in good standing for 6 months or the bonus may be deducted(within 180 days of account opening)
The details
Minimum deposit to open$10
Monthly fee$10 (waivable)
Time to complete90 days from account opening
Bonus payout~120 days
Direct depositRequired — $500+
ACH counts as DD?Unknown
AvailabilityMA, NH
Promo code300OFFER (Bank offer page)
Eligibility: New personal checking customers only. Not available if you had a StonehamBank personal checking account in the previous 12 months. Bank footprint is MA and NH. Bonus may be deducted if the account closes within 6 months of opening. Bonus may be reported on IRS Form 1099-INT.
Notes: Optimum One has a $10 monthly fee waived with $500 monthly direct deposit, $1,500 average daily balance or 5 POS debit transactions. Optimum Plus earns 0.01% APY. The bonus page shows no end date.