Posted by William Charles on July 8, 2018
Bank Account Bonuses

Published on July 8th, 2018 | by William Charles

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[Expired] [MA only] Century Bank $100 Checking Bonus – Direct Deposit Not Required

This deal has expired and is no longer being offered. Click here for the best current bank account bonuses.

Offer at a glance

  • Maximum bonus amount: $100 checking bonus
  • Availability: MA only
  • Direct deposit required: No
  • Additional requirements: 9 debit card transactions
  • Hard/soft pull: Soft pull
  • ChexSystems: Yes, sensitive (reader who sent it in was denied with 7 accounts in last 9 months). Not sensitive in branch?
  • Credit card funding: None
  • Monthly fees: None
  • Early account termination fee: None
  • Household limit: One
  • Expiration date: None listed

The Offer

Direct link to offer

  • Century Bank is offering a bonus of $100 when you open a new checking account:
    • Make at least 9 debit card purchases within 60 days of account opening

The Fine Print

  • To qualify for this offer, you must open a new Century Bank checking account. Offer is not available if any account owner is a deposit customer of Century Bank within the previous 24 months.
  • All accounts are subject to our approval process.
  • One $100 reward per household for making a total of nine Debit Card purchases within sixty days of account opening (ATM transactions do not qualify).
  • Incentive coupon will be mailed to the address on file for the Century Bank checking account forty-five days following the completion of the qualified transactions.
  • Offer requires the customer to have an established Century Bank checking account in good standing.
  • Reward paid may be reported as income. Any taxes are the responsibility of the account holder.
  • This promotion cannot be combined with any other offer. Century Bank reserves the right to modify or withdraw this offer at any time without notice.

Avoiding Fees

Monthly Fees

Silver checking has no monthly fee to worry about. You do need to opt out of paper statements otherwise a $4 fee will be charged.

Early Account Termination Fee

I wasn’t able to find a fee schedule so I’m unsure if there is any early account termination fee or not.

Our Verdict

Still need to know if it’s a hard or soft pull, it’s a shame they are ChexSystems sensitive though (although they aren’t sensitive in branch). I suspect most people that would want to do this bonus wouldn’t be eligible because of this. If anybody does go for it then please share your experiences in the comments below. I won’t add it to the best bank bonuses until we know more.

 

Big thanks to reader, Steve L who let us know. Learn how to find bonuses and contribute to the site here.

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I live within the designated area and applied on 7/9/18. I was denied the next day with a “Notice of Adverse Action”. I have opened 12 accounts within the last seven months and four in the last week prior to being denied for this bank.

Did you open this online or in branch?

Plus 1 chex sensitive probably close to Jesse’s numbers

Online or in branch?

Hey Will, I opened this in branch. I’m happy to report the opening process was very quick and easy and they are NOT Chex sensitive in branch (I always have about one Chex inquiry per month on average). Soft pull.

Some things to note: a) while the silver checking account has no monthly fee, be careful to enable estatements, otherwise there is a $4 a month fee. They could not enable this in branch, I had to log in and do so. b) After you fulfill the requirements, they do something very unusual. They send you a coupon which you must take into branch, and then from there, they use that to deposit the $100 bonus into your account. This is what I was told in branch. So you might want to slightly edit your description of what to do. That incentive coupon needs to be taken into branch.

How do we know it’s for MA residents only? I don’t see any restrictions for non-MA residents in the application.

I think this bonus has expired. There’s no mention of it on the linked page, and nothing showed up in Google.

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