Deal has expired, view more bank account bonuses by clicking here.
Warning: They offered a bonus in 2017 and it was mostly a disaster due to out of state applications being allowed and then automatically declined. I’d recommend reading through that thread to know what you’re getting yourself into.
Offer at a glance
- Maximum bonus amount: $200
- Availability: You will need to reside or work within Hampden or Hampshire Counties of Massachusetts or the Granby area, Northern Hartford, or Northern Tolland Counties of Connecticut or be enrolled in a school of higher education within Hampshire or Hampden Counties of Massachusetts.
- Direct deposit required: Yes, no minimum specified
- Additional requirements: eStatements and order a debit card
- Hard/soft pull: Soft
- ChexSystems: Yes, report of being sensitive
- Credit card funding: Up to $500. Can fund with American Express, Discover, Mastercard & Visa.
- Monthly fees: None
- Early account termination fee: Unknown, maybe 180 days bonus forfeit
- Household limit: None listed
- Expiration date: None listed
Contents
The Offer
- Westfield Bank is offering a bonus of $200 when you open a new WB Free checking account and complete the following requirements:
- Use promo code ONLINE200
- Order a debit card and receive a $50 bonus
- Enroll in eStatements and receive a $50 bonus
- Sign up for direct deposit and receive $100 bonus
The Fine Print
- One offer per person available to new WB Free Checking account customers only.
- Order a debit card and enroll in online banking to receive $50. Enroll in e-statements and receive $50. Sign up for direct deposit and receive $100
- . The bonuses will be deposited into your account within 45 days after the criteria is met, which must happen within 60 days of account opening.
- Minimum balance to open a WB Free Checking account is $10
- Offer can be rescinded at any time. Promotional code: ONLINE200.
- 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.
Early Account Termination Fee
With other bonuses account has needed to be kept open for 180 days to avoid losing the bonus.
Our Verdict
Keep in mind the ChexSystems sensitivity and previous issues with other bonuses as well. I’ll be adding this to our best bonus page as you can get $100 of the bonus without a direct deposit and there are no monthly fees to worry about.
Hat tip to reader Mark A
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
- PSA: Don’t Call The Bank
- Introduction To ChexSystems
- Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
- What Banks & Credit Unions Do/Don’t Pull ChexSystems?
- How To Use Our Direct Deposit Page For Bank Bonuses Page
- Common Bank Bonus Misconceptions + Why You Should Give Them A Go
- How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
- Affiliate Links & Bank Bonuses – We Won’t Be Using Them
- Complete List Of Ways To Close Bank Accounts At Each Bank
- Banks That Allow/Don’t Allow Out Of State Checking Applications
- Bank Bonus Posting Times
$50 for debit card and enroll in online banking
$50 for eStatements
$200 for direct deposit
Promo code: $300CTConsumer
There’s also a $300 business checking offer that doesn’t seem to have any requirements. This one is also in branch only. The business offer mentions 9/30 expiration, but there’s no date for the personal offer so it’s worth checking before you go to the branch.
The flyer for each offer can be found here: https://www.westfieldbank.com/new-ct-offices/
Expired
Just got approved for a checking account with them.
Opened approximately 8-10 accounts in the past 12 months.
Nevermind, disregard my previous post. Just received an email stating that I was declined due to Chex.
I live in the target area. Applied online today and was approved instantly. Funded $500 (max) with CSR. After approval they request you to upload a pic of license and will be sending docs via email to e-sign. I’ll update if anything goes awry.
Update to round out the data: I received the initial $50 bonus quickly, listed as “Opening PROMO”. I filled all the requirements within the time frame with some $50 DD from work. You definitely have to dig around for how to sign up for e-statements. And then I sat and waited for the other $50 and $100 promos to be added to my account. I lost track for a bit, but I messaged customer service on 9/2 from inside the account and they credited me the rest within one day of replying that they were looking into it. So, otherwise very easy except that you may need to nudge them.
Looks like the link you reference is for the OH Westfield bank. I think this is the one that should be referenced: https://www.doctorofcredit.com/ware-ma-westfield-bank-200-checking-promo/ Two different banks the only difference in their domain name is a dash:
https://www.westfieldbank.com
https://www.westfield-bank.com
My bad, fixed!
The last time they offered a bonus I was approved during he weekend and then declined and sent and adverse action letter the following week. They seemed agitated in the email sent. I received a check for my opening deposit back later in that same week. I had opened a lot of accounts though, probably 15+.
Same here!
Thank you for choosing to open a Westfield Bank deposit account online.
Unfortunately, we are unable to automatically approve your application at this time. A member of our Online Account Opening Team will review your application and follow up with you shortly.
More residency details from the application instructions page:
“You will need to reside or work within Hampden or Hampshire Counties of Massachusetts or the Granby area, Northern Hartford, or Northern Tolland Counties of Connecticut
or be enrolled in a school of higher education within Hampshire or Hampden Counties of Massachusetts.”
I work within the target area and my application went pending (maybe due to ChexSystems).
Thanks, updated