Cambridge Savings Bank
Cambridge Savings Bank Simple Checking
This bank doesn't currently have an active bonus. Here's its offer history.
What you can open instead
These banks are paying a bonus right now on the same kind of account.
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 →
How long until the bonus posts? The most recent community reports average about 114 days. See 3 reports on Cambridge Savings Bank Checking payout timelines →
Account Details
The qualification window runs the first 3 full calendar months after the account is open and funded, so plan on about four months including the partial opening month.
Eligibility
Not eligible if you currently have, or have had, a Cambridge Savings Bank personal checking account in the last 12 months.
- You must live or work in Massachusetts or New Hampshire. If you live or work in Maine you have to open in a branch or by phone.
- Simple Checking for Students does not qualify for this bonus.
Can You Earn This Bonus Again?
Related Articles
What is a hold period?
The minimum time you must keep your balance in an account before the bonus is paid out.
Do Bank Bonuses Show Up on a 1099-INT?
Yes. Bank bonuses are taxable income. Once you earn $10 or more from a single bank in a calendar year, the bank sends a 1099-INT and you report it as ordinary income on your tax return.
Also see: this month's best bank bonuses and the full offer history archive.