Centreville Bank
Centreville Bank Personal Checking $200 Bonus
Centreville Bank pays $200 when you open a new personal checking account with promo code PUTNAM26, set up a recurring direct deposit within 60 days, and keep the opening minimum in the account for 90 days. Personal Checking opens with $25 and has no monthly fee. Branches are in Rhode Island and eastern Connecticut.
- Bonus amount
- $200
- Expires
- Not listed
- Time to complete
- ~90 days
- Paid after opening
- ~150 days
- Difficulty
- Easy
We may earn a commission if you open an account through the link above. This doesn't affect our recommendations. See how we make money
Requirements
Last verified: Nov 6, 2026
Open a checking account with PUTNAM26
Open a new Centreville Bank personal checking account online or in a branch using promo code PUTNAM26. Personal Checking opens with $25 and has no monthly fee. Centreville has branches only in Rhode Island and eastern Connecticut, and its online application starts with a zip code check.
Recurring direct deposit within 60 days
Establish a recurring direct deposit (ACH or Real-Time Payment credit from an employer or outside payer, such as payroll, a pension or Social Security) into the new account within 60 days of opening. No minimum amount is stated. One-time deposits, person-to-person, PayPal or Venmo deposits, wires and transfers from another account do not count.
Keep the opening minimum for 90 days
Keep a daily balance at or above the account's minimum opening deposit ($25 for Personal Checking) for 90 days after opening.
Centreville credits the bonus 90 days after you complete the qualifying activities. It shows on your statement as "Bonus Payment".
Get new bonuses in your inbox
One email a week: new bank bonuses, deadlines about to pass, and fresh community datapoints. Free. No spam, unsubscribe anytime. If nothing changed, we skip the week.
Account Details
Keep at least the opening deposit in the account every day for 90 days after opening, and keep the account open with direct deposit still arriving until the bonus posts about 90 days after you qualify.
Eligibility
New customers only: you cannot have had funds on deposit with Centreville Bank within the last 60 days.
- Centreville Bank has branches only in Rhode Island and eastern Connecticut. Its online application asks for a zip code first and does not say out-of-area applicants are accepted, so we list this offer for those two states only.
Tips & Gotchas
- Any recurring direct deposit size works. The terms name no minimum, but it must be a real recurring payment from an employer or outside payer.
- Keep at least $25 in Personal Checking every day for the first 90 days. One dip below the opening minimum can cost you the bonus.
- The bonus is forfeited if you close the account or your direct deposit stops before it posts, which is 90 days after you qualify.
- You must not have had money at Centreville Bank in the last 60 days, and it is one bonus per household.
- Branches are only in Rhode Island and eastern Connecticut. The online application asks for your zip code first.
Can You Earn This Bonus Again?
Fine Print
Offer valid only with promotional code PUTNAM26. One Offer per household; cannot be combined with any other offer. New customers only: no funds on deposit with Centreville Bank within the last 60 days. To earn the $200 bonus you must establish a recurring direct deposit into a new personal checking account within 60 days of account opening and maintain a daily balance greater than or equal to the minimum deposit required to open the account for 90 days after opening. The bonus is credited 90 days after the qualifying activities are met, is forfeited if the account is terminated or direct deposit ceases before payout, and is reported on Form 1099-INT.
Taxable income · Reported on 1099-INT
Related Articles
What is a direct deposit?
An electronic payment sent directly into your bank account, usually from an employer or government.
Does Zelle Count as Direct Deposit for Bank Bonuses?
Usually no. At most banks a Zelle payment arrives coded as peer-to-peer and will not trigger the bonus. Citi is the clear exception. Its Enhanced Direct Deposit terms name Zelle as a qualifying deposit, and every Zelle report we have from Citi got paid.
What is a hold period?
The minimum time you must keep your balance in an account before the bonus is paid out.
Also see: this month's best bank bonuses and community DD data points.
We may earn a commission if you open an account through the link above. This doesn't affect our recommendations. See how we make money