[OH] Westfield Bank $100 Checking Bonus – No Direct Deposit Required

Update 5/1/21: Deal is back and valid until December 31, 2021. Hat tip to -Ying Liang

Update 10/18/20: Deal is back and valid until December 31, 2020.

Offer at a glance

  • Maximum bonus amount: $100
  • Availability: Offer available to Ohio residents only
  • Direct deposit required: Yes, or recurring ACH deposit
  • Additional requirements: None
  • Hard/soft pull: Soft pull
  • ChexSystems: Unknown
  • Credit card funding: Up to $500
  • Monthly fees: None
  • Early account termination fee: Unknown
  • Household limit: One
  • Expiration date: September 6th, 2019 December 31, 2020

The Offer

Direct link to offer

  • Westfield Bank is offering a bonus of $100 when you open a new checking account and complete the following requirements:
    • Open new account with at least $250
    • Receive a monthly direct deposit or recurring ACH debit/credit

The Fine Print

  • To obtain the $100 bonus, a new Dream Big, Dream Big with Savings, Reserve, Simply, or 50+ Checking account must be opened with an initial deposit of at least $250 on or before September 6, 2019.
  • The new account must be opened with money not currently on deposit at Westfield Bank, FSB, and a monthly direct deposit or recurring ACH debit/credit must be established.
  • We will pay the bonus by crediting $100 to your new Westfield Bank checking account as interest within 10 days of account opening and after the required minimum opening deposit is made.
  • There is a limit of one bonus per household (same address). The bonus will be reported to the IRS as interest income.
  • Your account must remain open for 180 calendar days, or the amount of the bonus will be deducted from the account at closing.
  • Offer available to Ohio residents only. Individual account terms and conditions apply.
  • This offer is not available to individuals who have received a bonus from Westfield Bank in the last 12 months.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

They offer a dream big account with no monthly fees to worry about.

Early Account Termination Fee

There is a $50 fee if you close your account within 12 months of account opening.

Our Verdict

Probably worth doing as it’s a soft pull and can easily meet the requirements.

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Broken_Peepers
Broken_Peepers

As of 03/07/2022, it appears offer is still good but bank products have changed. From offer page from link in the post, “*To obtain the $100 reward, a new Prosper Checking with Savings account must be opened with an initial deposit of at least $250 on or before December 31, 2022. The new account must be opened with money not currently on deposit at Westfield Bank, FSB, and a monthly direct deposit or recurring ACH debit/credit must be established. We will pay the reward by crediting $100 to your new Westfield Bank checking account as interest within 10 days of account opening and after the required minimum opening deposit is made. There is a limit of one reward per household (same address). The amount of the reward will be reported to the IRS as interest income. Your account must remain open for 180 calendar days, or the amount of the bonus will be deducted from the account at closing. Offer available to Ohio residents only. Individual account terms and conditions apply. This offer is not available to individuals who have received a bonus from Westfield Bank in the last 12 months. This invitation applies to accounts opened online and is subject to change or cancellation at any time without notice.
“.

Megan McBankyFace
Megan McBankyFace

Applied 12/5/21 Sunday night, 80 miles from closest branch. Deal fine print still says valid to Dec 31, 2021 as Ying said.
Auto accepted the application (no auto deny for zip). Allowed CC funding up to 250k total it said, with options for $100, $1250, and some other amounts up. Default selected is $100 each. I selected $1250 for the checking and savings for cc for CFF for a total of $2500 shows as Pending.
Fingers crossed! 80 mi away from closest branch.

Megan McBankyFace
Megan McBankyFace

Denied by email, no mail followup. The CFF $2500 pending dropped and never registered. Was worth a try!

-Ying Liang
-Ying Liang

Deal is back on their website until December 31, 2021.

CK9
CK9

Chex sensitive. Chance is very slim unless you live near a branch.

CK9
CK9

@DOC @Chuck Another $300 bonus is going on for Westfield bank…..not sure if it is the same bank though….
https://www.westfieldbank.com/300-bonus?
https://www.westfield-bank.com/promo-switch-bonus (posted here)

URLs are slightly different:
one is http://www.westfieldbank.com
another is http://www.westfield-bank.com

Please check and update us! thank you

Sat
Sat

Denied after pulling chex report. (reason being X does not meet credit or other application criteria)

Chex sensitive bank.

raekwon
raekwon

Might not be statewide. Last time I tried a bonus with them, I was able to open the account but it was closed a few days later due to being over a certain distance away from a branch. (25 miles? 50?)

Kyle
Kyle

Chuck Requires a Dream Big checking with a savings account now. Previously was only a checking account. Also schedule of fees says $50 ETF if closed within 12 months.

CK9
CK9

looks like both Dream big checking and savings have no min balance requirement and no monthly fee…however, account must be kept open for 12 months to avoid ETF. Checking currently has 0.75% APR (with savings open) up to $15K with relatively easy requirements.

Kyle
Kyle

Applied for P2 but was declined after processing for a few days. No reason given yet. We live in OH.

Kyle
Kyle

If I recall from doing this previously they really want to see a deposit/ACH transfer into the account. I think so they can feel confident you are actually using the account. I just transferred from Chase.

Meepster17
Meepster17

No hard pull, Kyle?

Kyle
Kyle

Nope!