[MA, NY, CT, RI, or VT] Berkshire Bank $300 Checking Bonus

Offer at a glance

• Maximum bonus amount: $300
• Availability: MA, NY, CT, RI, or VT
• Direct deposit required: Yes, $1,000+
• Additional requirements: See below
• Hard/soft pull: Soft pull
• ChexSystems: Unknown
• Credit card funding: Up to $10,000None
• Monthly fees: None
• Early account termination fee: Unknown
• Household limit: None listed
• Expiration date: July 31, 2025

The Offer

Direct link to offer

• Berkshire Bank is offering a $300 bonus when you open a new checking account and complete the following requirements:
  • Set up a recurring direct deposits totaling $1,000 or more per month for 3 consecutive months into their Berkshire One Checking account (. Direct deposits set up in branch or directly with the payroll provider outside of the Berkshire Bank online banking platform or mobile app will not qualify for this offer.)

The Fine Print

• The $300 reward is not valid for Berkshire Bank clients with an existing Berkshire Bank checking account and is limited to new Berkshire One checking clients that set up Direct Deposit through the Berkshire Bank online banking platform. 
• New Berkshire One Checking Clients who set up recurring direct deposits totaling $1,000 or more per month for 3 consecutive months into their Berkshire One Checking account will receive $300. To qualify for the $300, the Berkshire One Checking Client must successfully complete their Direct Deposit switch through Berkshire Bank’s online banking platform or Mobile app Direct Deposit tool by July 31, 2025. Direct deposits set up in branch or directly with the payroll provider outside of the Berkshire Bank online banking platform or mobile app will not qualify for this offer. 
• Eligibility and Exclusions-The Direct Deposit credit is only valid by using Berkshire’s online banking platform to set up your direct deposit. Must be at least 18 years of age to use Direct Deposit and to be eligible for credit. Client can only receive one $300 credit for this promotion. Direct Deposit setup must be submitted through pinwheel by July 31, 2025 to be eligible for this promotion. Direct deposits must total $1,000 or more into a single Berkshire One Checking account per month for 3 consecutive months to qualify. All account specific qualifications must be met to qualify for credit. The program may be discontinued or changed at any time without notice. 
• Credit Information-The client’s Berkshire One Checking account must remain open, active, and in good standing. The Berkshire One Checking account must receive a combined direct deposit of $1,000 or more per month for three (3) consecutive months. The first direct deposit must be received within 45 days of Direct Deposit submission (or form download). The calendar month following the third qualifying direct deposit, Berkshire Bank will credit $300 into the customer’s Berkshire One Checking account set up using Direct Deposit. The client will see the credit reflected in their statement with the description “Direct Deposit 1H2025 Credit.” Direct Deposit credits may be reportable to the IRS on Form 1099-MISC. 
• This Direct Deposit promotion is scheduled to end on July 31, 2025. Any direct deposit that is set up after July 31, 2025, will not be eligible for the Direct Deposit credit under the above terms. 
• In addition, Berkshire Bank may refuse payment to a customer under the program if it has a good faith belief that the individual has provided false, misleading, or deceptive information while participating in the Direct Deposit program or establishing corresponding accounts. 
• Direct Deposit is offered through Pinwheel. Berkshire Bank has a relationship with Pinwheel to offer services to its clients.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

This account has no monthly fees to worry about. There is a $3 fee per ACH transaction.

Early Account Termination Fee

$35 Early Account Closure fee for closing checking, savings or money market within 12 months of opening

Our Verdict

Direct deposit requirement is a bit confusing as it says you need to use through pinwheel.

Hat tip to Jenya

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