[Expired] [MA, NH, ME, RI] Eastern Bank $750 Checking/Savings Bonus

Deal has ended, view more bank account bonuses by clicking here. 

Update 8/5/26: Deal is back until September 14, 2026. Hat tip to reader Tytu

Update 6/9/26: Deal is back until July 10th. 

Update 3/28/26: Deal is back until May 8, 2026. To qualify you cannot have had an Eastern bank or HarborOne account after March 7, 2025. Hat tip to reader Other James

Update 10/19/25: Deal is back until November 17th, 2025. Hat tip to reader Midori

Offer at a glance

• Maximum bonus amount: Up to $750
• Availability: MA, NH, ME, RI
• Direct deposit required: Yes, $3,000+
• Additional requirements: See below
• Additional requirements: None
• Hard/soft pull: Soft
• ChexSystems: Yes, sensitive
• Credit card funding: No longer available
• Monthly fees: None
• Early account termination fee: None, bonus will post by January 28, 2020
• Household limit: One
• Expiration date: 9/15/2025

The Offer

Direct link to offer

• Eastern Bank is offering a bonus of up to $750. 
  • Get $350 when you open a new Checking Account and complete the following requirements: Two or more qualifying direct deposits totaling $3,000 within 90 calendar days of account opening
  • Get $250 when you open a new Statement Savings Account and qualify
    • Deposit $15,000 within first 30 calendar days of account opening
    • Maintain a $15,000 average daily balance over a 90-calendar-day period
  • Get $750 total when you do both (An additional $150)

The Fine Print

• Checking Offer: To qualify for the incentive, you must open an Eastern personal checking account between 8/1/2025 and 9/15/2025 and have two or more recurring electronic payroll pension or government benefits direct deposits totaling $4,000 within the first 90 calendar days of the account opening date. Electronic credits (other than payroll, pension, or government benefits) such as person-to-person payments, self-initiated transfers between your accounts at Eastern Bank and other institutions or brokerages (including pension accounts), and payments through third parties such as PayPal or eBay do not qualify as a direct deposit. You must be a new personal checking account customer. New checking customers have not had an Eastern Bank personal checking account or have had a personal checking account relationship with Eastern Bank, or any Bank merged into Eastern Bank since 8/1/2024. 90 calendar days after the account open date, Eastern Bank will determine if an incentive will be paid out based on whether the stated qualifications and the Additional Important Information were met for the Checking Offer. Incentives for qualified accounts will be deposited into customer’s checking account on or before 1/15/2026.
• Savings Offer: To qualify for the incentive, you must open an Eastern Statement Savings Account between 8/1/2025 and 9/15/2025 and deposit $15,000 within the first 30 calendar days of account opening. You must maintain a $15,000 average daily balance over a 90-calendar-day period. This period will begin on the 31st day following account opening. You must be a new Statement Savings customer. New Statement Savings customers have not had an Eastern Bank personal savings or money market account or have had a personal savings or money market account relationship with Eastern Bank, or any Bank merged into Eastern Bank since 8/1/2024. 120 calendar days after the account open date, Eastern Bank will determine if an incentive will be paid out based on whether the stated qualifications and the Additional Important Information were met for the Savings Offer. Incentives for qualified accounts will be deposited into your savings account on or before 2/16/2026.
• Extra Offer: Earn an extra $150 if you open and qualify for both the Checking Offer and the Savings Offer. The checking and savings accounts must be opened within 3 business days of each other. The Primary signer must meet both the Checking Offer and Savings Offer requirements and all other qualifying criteria. The extra $150 for qualified accounts will be deposited into the customer’s checking account on or before 2/16/2026.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Eastern free checking has no monthly fees to worry about.

Early Account Termination Fee

There is no early account termination fee

Our Verdict

There is a $300/$450 checking offer that $450 bonus is obviously better if you want to just do the checking bonus. Statement savings account earns 0.01%. That means the savings bonus works out to be 6.6666% APY. Extra $150 for doing both is comparable to just the $450 checking bonus that is also offered so I don’t think this combined bonus is actually worth doing. 

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