Beacon Bank Beacon One Checking $300 Bonus

1. 1

   Open the account

   Open a new Beacon One Checking account online or in a branch with at least $10. You have to be 18 or older and cannot hold, or have held, a checking account at Beacon Bank, BankRI, Brookline Bank, Berkshire Bank, or PCSB.

2. 2

   Switch your direct deposit inside Beacon's app

   Set up your direct deposit using the Direct Deposit tool in Beacon Bank's online banking platform or mobile app, which runs on Pinwheel. A direct deposit set up in a branch, or arranged directly with your payroll provider outside the app, is explicitly disqualified. Your first direct deposit has to post within 60 days of opening.

3. 3

   Receive $1,000 a month for three months

   Receive recurring combined direct deposits totaling $1,000 or more per month for three consecutive months into the Beacon One Checking account.

Beacon credits the $300 the calendar month following your third qualifying direct deposit month. It shows up on the statement as Direct Deposit 2026 Credit.

Account Details

Eligibility

Tips & Gotchas

• →This is the one that decides it: your direct deposit has to be switched over inside Beacon's own online banking or mobile app. The tool runs on Pinwheel and needs to find your employer. If you set the deposit up in a branch, or send the form to your payroll department yourself, Beacon's terms say it does not qualify.
• →Because of that, the usual workarounds do not apply here. You need a real employer payroll that Pinwheel supports, not a push from another bank.
• →The $1,000 has to land in three consecutive calendar months, so the money is about four months out from the day you open.
• →Your first direct deposit has to post within 60 days of opening. Start the switch the week you open the account.
• →Former Berkshire Bank, Brookline Bank, BankRI, and PCSB customers are excluded. All four merged into Beacon, and the terms name them.
• →Enroll in paperless statements if you want the 0.10% APY. It is a requirement for the rate, not for the bonus.
• →Beacon advertises up to $660. The extra $360 is a separate streaming credit paid $15 a month for 24 months, and it needs $2,000 a month in direct deposits plus a qualifying subscription billed to the account. It is not part of the $300 signup bonus.

Can You Earn This Bonus Again?

Fine Print

To qualify for the $300, the eligible Beacon One Checking client must successfully complete their direct deposit switch through Beacon Bank's online banking platform or mobile app Direct Deposit tool. The first direct deposit is required to post to the account within 60 days of account opening. Direct deposits set up in branch or directly with the payroll provider outside of the Beacon Bank online banking platform or mobile app will not qualify for this offer. Direct Deposit setup must be submitted through Pinwheel to be eligible for this promotion. The $300 reward is not valid for Beacon Bank clients with an existing Beacon Bank checking account, including former BankRI, Brookline Bank, Berkshire Bank, and PCSB accounts, and is limited to new Beacon One Checking clients who set up a recurring combined direct deposit total of $1,000 or more per month for 3 consecutive months. The calendar month following the third qualifying direct deposit, Beacon Bank will credit $300 into the client's Beacon One Checking account, shown on the statement as Direct Deposit 2026 Credit. Client can only receive one $300 credit for this promotion. Must be at least 18 years of age. The minimum balance to open a Beacon One Checking account is $10. The APY as of 6/26/2026 is 0.10% and the account must be enrolled in Paperless Statements and Notices to earn it. This Direct Deposit promotion is scheduled to end on December 31, 2026; accounts opened after that date are not eligible. The program may be discontinued or changed at any time without notice.

Taxable income · Reported on 1099-MISC

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