Putnam Bank Reward Checking Account

For residents of Connecticut, Putnam Bank is offering up to 3.01% APY with a maximum balance of $10,000 with their free Rewards Checking Account. Putnam Bank reward checking account comes with additional benefits to help you maximize your financial potential and reach your financial goals. If you live in the state of Connecticut, then this bank might just be the right fit for you! Sign up for a Rewards Checking Account with Putnam Bank today!

BMO Bank Checking: Open a new BMO Smart Money Checking Account and get a $350 cash bonus* when you have a total of at least $4,000 in qualifying direct deposits within the first 90 days. Learn More---BMO Checking Review
*Conditions Apply. Accounts are subject to approval and available in the U.S. by BMO Bank N.A. Member FDIC. $4,000 in qualifying direct deposits within 90 days of account opening.

Chase Ink Business Unlimited® Credit Card: New cardholders can enjoy a welcome offer of $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening. Click here to learn how to apply--- Review

Table of Contents

Putnam Bank Rewards Checking:

Sign up Offer
Account Type: Rewards Checking Account
Interest Rate: 3.01% APY
Maximum Balance: $10,000
Availability: Connecticut (Bank Locator)
Expiration Date: None
Credit Inquiry: Hard pull or soft pull? Let us know
Opening Deposit: $1,000
Credit Card Funding: Unknown
Direct Deposit Requirement: Optional
Monthly Fee: $15.00 (if below minimum balance)
Additional Requirements: Use direct deposit or automatic debit (ACH), access online banking, receive eStatements, at least 12 debit card transactions
Closing Account Fee: Cancellation fees may apply. Be sure to speak with your representative.

Putnam Bank Rewards Checking Features:

FREE checking account
No minimum balance requirements
Earns extremely high dividends
Qualifying accounts get reimbursed up to $5 per month on ATM fees
To qualify you must have per month: Use direct deposit or automatic debit (ACH), access online banking, receive eStatements, at least 12 debit card transactions

How To Earn Up to 3.01% APY Rate:

Sign up to Putnam Bank Rewards Checking Account to earn 3.01% APY for up to $10,000.
Use Direct Deposit or Automatic Debit (ACH)- Intra-bank transfers do not count as qualifying Direct Deposit or Automatic Payments
Use Online Banking
Receive eStatements
Conduct at least 12 Point of Sale (POS) Debit Card transactions (posted/cleared) within the statement (Qualification) cycle.

Note: APYs are subject to change if the requirements are not met.

Bottom Line:

Putnam Bank is offering a great rewards checking account program for those that are residents of Connecticut. The rewards checking account has a great interest rate! Remember that if your balance is over $10,000, then you will not receive the full benefit of the rewards checking account. If you have had any experiences with this bank, please let us know in the comment section below. For more deals, you can check out our entire list of Best Rewards Checking Accounts.

Sign Up

See our favorite Bank Rates to earn high interest!

The Chase Sapphire Preferred® Card offers 100,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.

You'll earn:
• 5x on travel purchased through Chase Travel^SM
• 3x on dining, select streaming services and online groceries
• 2x on all other travel purchases
• 1x on all other purchases
• $50 Annual Chase Travel Hotel Credit
• Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027.

Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Travel^SM

This card carries a $95 annual fee.

Click here to learn how to apply