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[Expired] [MA only] Rockland Trust Bank $250 Business Checking Bonus

Rockland Trust Bank is offering a bonus of $250 when you open a new free business checking account at their Hyannis branch. You also need to complete the following requirements

Deal has now ended, view more checking bonuses by clicking here

Update 11/21/19: Deal is back and available online this time. Hat tip to jojool

Update now available at Boston branch as well.

Offer at a glance

  • Maximum bonus amount: $250
  • Availability: Hyannis branch only
  • Direct deposit required: No
  • Additional requirements: Deposit $1,000
  • Hard/soft pull: Soft pullk
  • ChexSystems: Unknown
  • Credit card funding: Can fund up to $2,000. Visa, Mastercard, American Express & Discover are accepted.
  • Monthly fees: None
  • Early account termination fee: Unknown
  • Household limit: None listed
  • Expiration date: January 31st, 2018 April 30th, 2018 September 30th, 2018 December 31st, 2018 March 31st, 2019 December 31st, 2019

The Offer

Direct link to offer

Direct link to offer for Westwood ($250 bonus) | Direct link to offer for Burlington ($200 bonus) |Direct link to Newton offer ($200 bonus) Direct link to Hyannis ($250 bonus) Direct link to Boston ($250 bonus)

  • Rockland Trust Bank is offering a bonus of $250 when you open a new free business checking account. You also need to complete the following requirements:
    • Deposit $1,000 in new money.

 

 

The Fine Print

  • Limit one promotional account per customer.
  • Offer is non transferrable. Don’t think this is enforced
  • Businesses which currently own or have had a Rockland Trust Business Checking account within the 90 days prior to the account open date are not eligible.
  • To be eligible for the $250 bonus you must open a new Business Checking account with $1,000 of new money to Rockland Trust between November 1, 2017 and January 31, 2018 at our Westwood branch office located at 670 High Street, Westwood, MA.
  • The bonus will be paid directly to your account by April 30, 2018.
  • Bonus payment will be reported to the IRS for the tax year in which it is paid. For new accounts funded by new money to Rockland Trust.
  • Account must be opened by January 31, 2017. Pretty sure this should be 2018.
  • Offer may be discontinued at any time without prior notice.
  • Transaction restrictions apply. See banker for details. Fees may reduce earnings.
  • Offer valid only at our Westwood office location.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

This account has no monthly fees.

Our Verdict

Seems like a great deal if you live near the branch as the only requirements are depositing $1,000. I’ll add this to the best business checking bonuses once we have some more datapoints of people successfully opening the account. They also have a $200 personal bonus that is targeted.

Useful posts regarding bank bonuses:

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