For residents of Massachusetts, Blue Hills Bank is offering you a $300 bonus when you open a new Checking Account with a $25 deposit using the promo code: SEA300 at the Seaport location by December 31, 2018.
To qualify for the bonus, you’ll need to have direct deposits totaling at least $500 per month within 60 days of account opening. Once you have completed the requirements above, you will receive the bonus within 30 days after the promotional period has ended. If you are interested and qualify, make sure to take advantage of this offer and sign up today!
Once all the requirements are met, you will have access to a range of features to better your banking experience. If you are interested, be sure to check out this promotion as well as other banks such as HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Compass Bank or CIT Bank.
Editor’s Note: This post requires you keep the account open for 12 months, meaning you have to deposit at least $500 a month for an entire year to receive the bonus.
Credit goes to Ryan for letting us know about this bank bonus through our Rewards Program. Let us know if you find a new bank bonus and get paid!
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Blue Hills Bank $300 Bonus Info
- Direct Link to Offer
- Blue Hills Bank Promotion PDF Printout
- Account Type: Fee, Debit Rewards, Relationship Checking
- Availability: MA (Bank Locator)
- Expiration Date: 12/31/2018
- Credit Inquiry: Soft Pull
- ChexSystems: Yes
- Opening Deposit: $25
- Credit Card Funding: Fund up to $1,000
- Direct Deposit Requirement: Yes
- Monthly Fee: $0-25, see below
- Additional Requirements: See below
- Household Limit: One per household
- Closing Account Fee: $25 if closed within 90 days
What Triggers Direct Deposit? Alternative Methods
Many bank bonuses require you to make real direct deposit from your job to receive the sign up bonus. However, switching to your real paycheck can be frustrating and time consuming. You can find alternative methods below which many readers have reported to trigger direct deposit to receive the sign up bonus. Simply set up ACH transfers from these institutions to trigger direct deposit. Again, Your Mileage May Vary(YMMV). Please help us with your experience if you find a different method or to confirm a current method for direct deposit in the comments section below.
- Discover
Earn Blue Hills Bank $300 Bonus
- Open a Checking Account using the promo code: SEA300 at the Seaport location from Blue Hills Bank with a $25 deposit by December 31, 2018.
- Set up and receive a Direct Deposit(s) of $500+ within 60 days of account opening.
- Once you have completed the requirements above, you will receive the bonus within 30 days after the promotional period has ended.
How to Avoid Monthly Fees
- Free Checking: There are no monthly fees.
- Debit Rewards Checking: To waive the $10 fee you must:
- Must enroll in and maintain eStatements
- Have Direct deposits totaling $500 or more per statement cycle
- Relationship Checking: To waive the $25 fee you must:
- Have $25,000 in combined average monthly balance (previous month) in Blue Hills Bank consumer deposit and/or loan accounts
Bottom Line
Make sure you check out Blue Hills Bank to learn more about the $300 bonus promotion. Don’t forget, the $300 bonus will be reported on IRS Form 1099-INT.
Feel free comment below and let us know about how it went and if you could fund your account with credit card or not. We value your feedback and will continue to keep you posted on the latest bank offers nationwide. If you would like to see more, check out our full list of Bank Promotions for all your banking needs.
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Thank you for catching that, we will update our post for clarification!
The fine print on the .PDF seems to indicate they would claw back the promo amount if requirements are not met for 12 consecutive months, meaning $500 DD / month.