You can earn a $250 Checking Bonus when you open any personal Checking account from Salem Five.
To qualify for the bonus, simply
- Open a new checking account between 2/28/22 and 5/23/22 either in branch or online (via this web page) and use promo code 2022MAR250. Must reside in qualifying geographies.
- Enroll in direct deposit and have $2,000 or more deposited within 90 days.
- Once all criteria is met, your bonus will be deposited into your new Salem Five account within 60 days.
Salem Five $250 Checking Account Bonus
- Account Type: Open Checking Account
- Credit Inquiry: Hard Pull
- ChexSystems: Unknown
- Opening Deposit: Not listed
- Credit Card Funding: None
- Direct Deposit Requirement: Yes, $1,500 within 60 days
- Monthly Fee: None
- Household Limit: None
- Closing Account Fee: None listed
(Offer Expires May 23, 2022)
Fine Print
- To qualify for the $250 offer, the Open Account must be opened between 2/28/22 – 5/23/22 and have a cumulative direct deposit of $2,000 or more made within 90 days of account opening.
- Direct deposit is reoccurring income electronically deposited into your checking account for purposes such as payroll, pension, or government benefits.
- Person-to-Person payments, payments through third parties such as PayPal, and bank transfers between accounts, do not qualify as a direct deposit.
- You must deposit at least $10 to open this account.
- The one-time bonus offer will be deposited into the new account within 60 days of meeting the offer criteria.
- The account must be open with a positive balance to receive the bonus offer.
- Only one offer per customer and one per household.
- Household is defined by address.
- Bonus qualifiers are subject to change and bonus payout is reviewed by, and at the discretion of, the Bank.
- Customer must meet the following criteria to be eligible for the offer: 1.) Must be a new checking customer and could not have a Salem Five personal checking account within the prior twenty-four months. 2.) Must reside in Massachusetts counties of: Barnstable, Bristol, Essex, Middlesex, Norfolk, Plymouth, Suffolk, Worcester. 3.) Must be at least 18 years of age. 4.) Must provide reference code 2022MAR250 to branch employee if opening the account in branch. Promotional offer for an account opened online will only be available through this web page and link or by using the reference code 2022MAR250 in promo field. 5.) Must not be employed by Salem Five.
 |
 |
Bottom Line
At Salem Five, you’ll be able to find the checking account that fits your life.
Be sure to check out our latest Salem Five Promotions or check out our full list of bank promotions to keep updated on amazing offers!
Hi Troy,
This is an old post and is likely outdated. You can go to this post below to see the best available bank bonuses right now.
https://www.hustlermoneyblog.com/best-bank-bonuses-deals/
Thanks,
Duc
Called today said no longer available. just double checking if correct?
Checked my Equifax report and it was a hard pull.
The second chance they gave me was all a waste of time. I did the six online bill pays as it says in the fine print. Talked to a person at the bank about the status of my gift card. She said it had to be six DIFFERENT payees with respect to the online bill pays. This is not in the fine print. Closed the account. Not worth my time. Do your homework with this one or cross this bank off your list.
I opened up the wrong account the first time. They did give me a second chance,though. Make sure you open an eOne checking account. Not sure about doing it a second time. Some banks say wait a year.
I’m guessing there’s not a stipulation regarding past accounts with them? I opened an account last year for the bonus and closed it last year. I don’t see anything that would disqualify based on history when them.
There’s a bait and switch to this. Make sure you open the right checking account. Call first. A few hurdles to climb to get this.
Yes that’s a great deal but I would be careful about opening an account depending where you are in Massachusetts as there aren’t a ton of branches in Boston or the immediate burbs. You have to be north of town otherwise if you use atm’s you will get hit with tons of fees as there aren’t any Salem Five ones around. I believe they are expanding as I saw one in Fall River and I think there’s one opening in Waltham but this is the land of Citizen’s and B of A.
Most likely a hard pull.
does this bank do a credit check? i dont want another inquiry.