Cambridge Savings Bank Simple Checking $500 Bonus

1. 1

   Open a Simple Checking account

   Open a new Cambridge Savings Bank personal checking account with a $10 minimum opening deposit between May 1, 2026 and September 30, 2026. Simple Checking, Performance Checking, and Performance Plus Checking all qualify. Simple Checking for Students does not.

2. 2

   Enroll in eStatements

   Enroll in eStatements within 30 calendar days of the account being opened and funded.

3. 3

   $2,500 in direct deposits each month for 3 months

   Receive at least $2,500 in direct deposits in each of the first 3 full calendar months after the account is open and funded. The month you open does not count, so the clock starts the following month.

4. 4

   Keep a $5,000 average monthly balance

   Maintain a minimum average monthly balance of $5,000 for the first 3 full calendar months following the date the account is open and funded.

The bonus is credited automatically within 2 months after the qualification period ends.

Account Details

Eligibility

Tips & Gotchas

• →You need both the direct deposits and the average balance in all three months. Missing either one in any single month costs you the whole $500.
• →The three months are full calendar months after the account is open and funded, so opening mid-month adds a partial month that does not count toward the requirement.
• →The same account pays a separate debit card bonus of $25 for every month you make 10 debit purchases of $10 or more, for up to 12 months. That is up to $300 more and it needs no balance at all.
• →Cambridge Savings also pays $400 on a new Relationship High-Yield Money Market. Stacking all three is how the bank gets to the $1,200 it advertises.
• →You have to live or work in Massachusetts or New Hampshire. Maine residents have to open in a branch or by phone.
• →Cambridge Savings has publicly announced a pending merger with First Seacoast Bank. It does not affect this offer today, but it is worth knowing before you open.

Direct Deposit Data Points 7

7 community reports across 4 transfer sources, showing what triggers a qualifying direct deposit at Cambridge Savings Bank.

View all Cambridge Savings Bank direct deposit data points →

Can You Earn This Bonus Again?

Fine Print

Open a new Cambridge Savings Bank personal checking account with a $10 minimum opening deposit between 5/1/2026 and 9/30/2026. You must not currently have, or have had, a CSB personal checking account in the last 12 months. Enroll in eStatements within 30 calendar days of the account being open and funded. Have at least $2,500 in monthly direct deposits within each of the first 3 full calendar months after the account is open and funded, and maintain a minimum average monthly balance of $5,000 for those same 3 full calendar months. The bonus is credited within 2 months after the qualification period ends. Simple Checking for Students does not qualify. You must live or work in Massachusetts or New Hampshire; if you live or work in Maine, visit a branch or call. Offer may be withdrawn or modified at any time without notice.

Taxable income · Reported on 1099-INT

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