Looking for a new bank account? Then take a look at our updated list of Dedham Savings Bank promotions, bonuses and offers here!
Update 9/22/24: There is now a $300 business checking account bonus.
The bonus offer has been increased to $750 valid through 12/31/24.
About Dedham Savings Bank Promotions
Established in 1831, Dedham Savings Bank has a wide variety of account services and features to better your financial future. With fantastic Savings Rates as well as CD rates, you are able to receive industry leading rates that are 10x the national average! Additionally, the bank has an A health rating!
Continue reading for more Dedham Savings Bank Promotions below.
Dedham Savings Bank $750 Checking Bonus
- What you’ll get: $750 bonus
- Account Type: Checking Account
- Availability: MA (Bank Locator)
- Direct Deposit Requirement: Yes (see what works)
- Credit Inquiry: Soft Pull
- ChexSystems: Yes
- Credit Card Funding: None
- Monthly Fees: None
- Early Account Termination Fee: Unknown
- Household Limit: None listed
(Expires 12/31/2024)
| BMO Smart Money Checking ($300 cash bonus) | BMO Smart Advantage Checking ($300 cash bonus) |
| Bank of America ($300 bonus offer) | Chase Total Checking® ($300 bonus) |
| Fifth Third Bank Momentum® Checking ($300 bonus) | SoFi Checking and Savings ($325 bonus) |
| KeyBank Key Smart Checking ($300 bonus) | Truist Checking ($400 bonus) |
How To Earn Bonus
- Open a Free & Easy Checking account online using code “Select” once you have selected your account, where you see the words “Enter/Add Promo Code.”
- $250 bonus: with $2,500+ direct deposit in 90 days and 5+ debit transactions OR 5+ Bill Pay transactions totaling $100+ in 90 days
- $500 bonus: with $10,000+ in 90 days and 5+ debit transactions OR 5+ Bill Pay transactions totaling $100+ in 90 days
- $750 bonus: with $20,000+ in 90 days and 5+ debit transactions OR 5+ Bill Pay transactions totaling $100+ in 90 days
- Bonus will be deposited to Checking account within 90 days after qualifications are met and will be reported to the IRS for tax reporting purposes.
- The Bonus Select offer is available with Free & Easy Checking. Offer valid for clients who do not have an existing or prior personal Checking account at Dedham Savings.
- A direct deposit is a recurring deposit of a paycheck, pension, Social Security or other regular monthly income, electronically deposited by an employer or outside agency into your account. Bonus will be deposited to Checking account within 90 days after qualifications are met and will be reported to the IRS for tax reporting purposes. One offer per client. Offer expires December 31, 2024. No minimum balance required to earn bonus. To receive stated bonus, account must be opened in person at any Dedham Savings location or opened online using code “SELECT.”
- Free & Easy Checking Requirements: Minimum deposit of $25 required to open account. ATM rebates are applied at end of monthly statement cycle. To qualify for ATM rebates, you must have online statements and monthly direct deposit. A direct deposit is a recurring deposit of a paycheck, pension, Social Security, or other regular monthly income, electronically deposited by an employer or outside agency into your account. $50 opening deposit to receive Debit Card.
Dedham Savings Bank $300 Business Checking Bonus
- What you’ll get: $300 bonus
- Account Type: Business Checking Account
- Availability: MA (Bank Locator)
- Direct Deposit Requirement: No (see what works)
- Credit Inquiry: Soft Pull
- ChexSystems: Yes
- Credit Card Funding: None
- Monthly Fees: None
- Early Account Termination Fee: None
- Household Limit: None
(Expires 12/31/2024)
| Chase Business Checking ($300 Bonus) | Bank of America Business Checking ($200 bonus offer) |
| U.S. Bank Business Checking ( $400 or $900 Bonus) | Axos Bank Basic Business Checking ($400 Bonus) |
| Axos Bank Business Interest Checking ($400 Bonus) | Huntington Unlimited Plus Business Checking ($1,000 Bonus) |
| Huntington Unlimited Business Checking ($400 Bonus) | Live Oak Bank Business Savings ($200 Bonus) |
| Axos Business Premium Savings ($375 Bonus) | Bluevine Business Checking ($300 Bonus) |
How To Earn Bonus
- Open a new qualified Business Checking account, either at one of our branch locations, or get started online here
- Deposit a minimum of $2,000 in new money within 30 days of account opening and maintain that balance for at least 60 days.
- Complete at least 5 qualifying transactions within 60 days of account opening. Qualifying transactions include:
Dedham Savings Debit Card purchases, Bill Pay payments, ACH credits or debits, wires (credits or debits), and mobile or remote deposits.
- Bonus offer available for qualified business accounts: Basic Business Checking (Minimum deposit of $10 required to open account), Business Interest Checking (Minimum deposit of $10 required to open account), Community Checking, Cash Management Checking, or Municipal Checking accounts.
- $50 minimum deposit required to receive Debit Card.
- New accounts only; one offer per business relationship.
- To receive $300 bonus offer, open a qualified business checking account with funds not currently on deposit at Dedham Savings.
- Within 30 days of account opening, deposit a minimum of $2,000 in new money to the account and maintain that balance for 60 days.
- Within 60 days of account opening, complete 5 qualifying Dedham Savings transactions.
- Qualifying transactions include: debit card purchases, Bill Pay payments, ACH credits or debits, wires (credits or debits), mobile or remote deposits. $300 bonus will be deposited to qualified business checking account within 90 days after qualifications are met and will be reported to the IRS for tax reporting purposes.
- Offer expires December 31, 2024.
- Deposits are insured up to current FDIC (Federal Deposit Insurance Corporation) limits and by the DIF (Depositors Insurance Fund) for all additional balances, up to any amount.
How To Waive The Monthly Fees
- Student Checking: None
- Free & Easy Checking: None
- Interest Rewards Checking: None
- Check Rewards Checking: $20
- Start Up Checking: $3
- Community Checking: $3
- Basic Business Checking: None listed
- Business Interest Checking: $10
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Bottom Line
Definitely check out the current promotion from Dedham Savings Bank to earn a generous bonus. The requirements are simple and straightforward. Additionally, it’s great to know that the account will trigger a soft pull! With that said, I would definitely recommend this promotion to those who are interested!
*Compare Dedham Savings Bank Promotions with other bank bonuses from banks like Citi, Huntington, HSBC, Chase, TD, Discover Bank, Aspiration, Axos Bank, PNC Bank, BMO Harris, SoFi, Fifth Third Bank, Bank of America, Wells Fargo, US Bank, and more!*
We value your feedback and will continue to keep you posted on the latest bank offers nationwide.
Check back often for the latest Dedham Savings Bank promotions, bonuses, and offers!
According to the terms you have to go in-branch for this one though :/ Hard pass for me. Wonder if they’re going to change that or not
I got a responding email, notifying me that it is a soft pull to open the account. So I signed up right away!