Posted by William Charles on February 23, 2019
Bank Account Bonuses no image

Published on February 23rd, 2019 | by William Charles


[Expired] [ME] Camden National Bank $100 Checking Promotion – Direct Deposit Not Required

Deal has expired, view more bank account bonuses by clicking here.

Update 2/23/19: Deal is back and valid until May 3rd, 2019. Hat tip to reader EW

Update 11/4/2018: Deal is back and valid until November 9th, 2018. Hat tip to reader EW

Offer at a glance

  • Maximum bonus amount: $100
  • Availability: Must be a Maine resident
  • Direct deposit required: None
  • Additional requirements: 10 debit card transactions
  • Hard/soft pull: Soft
  • ChexSystems: Unknown
  • Credit card funding: Up to $500, Visa or Mastercard only
  • Monthly fees: None
  • Early account termination fee: $25, six months
  • Household limit: None
  • Expiration date: April 30th, 2018 November 9th, 2018

The Offer

Direct link to offer

  • Camden National Bank is offering a $100 bonus when you open a new promise rewards checking account and complete the following requirements:
    • Make 10 debit card point of sale transactions in the second statement cycle
  • You’ll also get double cash back rewards on all debit card purchases and direct deposits until March 2019 ($0.2 per transaction instead of $0.1). To be eligible for cash back rewards you must:
    • Be enrolled in eStatements
    • Have direct deposits of $500 or more


The Fine Print

  • You must open the account with $25 and be a Maine resident at account opening.
  • To be eligible for $100 account bonus, open a Promise Rewards checking account between February 5 and April 30, 2018.
  • If you make 10 debit card point-of-sale transactions in the second statement cycle, a $100 bonus will be paid within 60 days of meeting requirements. To be eligible for cash-back rewards you must sign up for eStatements and have direct deposits of $500 or more, of your payroll, pension or government benefits, such as Social Security.
  • If you’re enrolled in eStatements, at the end of each statement cycle you will be paid a $0.20 cash-back reward for every qualifying debit card purchase and direct deposit that posts to and clears your account until 3/31/2019, after which you will earn$0.10 cash-back rewards.
  • Cash-back rewards limited to $30 per statement cycle.
  • When using a non-Camden National Bank ATM in the U.S., accept the disclosed fee and we will refund the surcharge the next business day. No signer on the account may be, or have been, a signer on a Camden National Bank consumer checking account within the past 6 months. Account must be maintained in good standing to earn bonus and rewards. Account bonuses and rewards are reported to the IRS as interest income. Other terms and conditions may apply; please contact the bank for further details. Limited-time offer, subject to change.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

The promise rewards checking account has no monthly fee to worry about.

Early Account Termination Fee

There is an early account termination fee of $25 if you close the account within 6 months of account opening.

Our Verdict

They offered a bonus of up to $300 at the end of last year, so I don’t think this $100 bonus is worth doing even if the requirements are incredibly easy to meet. Because of that much higher recent bonus, we won’t be adding this to our best checking bonus page.

Hat tip to Danny Deal Guru

Useful posts regarding bank bonuses:

Leave a Reply


newest oldest most voted
Notify of

Offer has been extended to November 9. Here is the new link:


I actually ended up sticking with this checking account after getting the $300 bonus a year ago. Great customer service, they pick up the phone in 2 rings and answer SMs within a day, easy to use website, reimbursed ATM fees including foreign, and they give you 15 cents every time you use the debit card, so it can be a very high % cashback for small purchases.

Matt K
Back to Top ↑