Eastern Bank Free Checking $350 Bonus

1. 1

   Open a checking account

   Open a new Eastern Bank personal checking account between August 1 and September 14, 2026. Eastern Free Checking opens with $25, eZ Checking with $50, and Premier Checking with $500. Private Bank Checking does not qualify.

2. 2

   $3,000 in recurring direct deposits

   Receive two or more recurring electronic payroll, pension, or government benefit direct deposits totaling at least $3,000 within the first 90 days after account opening. Person-to-person payments, transfers between your own accounts, and payments through third parties such as PayPal do not count.

Eastern checks whether you qualified within 90 days of opening and deposits all earned bonuses by February 11, 2027.

Account Details

Eligibility

Tips & Gotchas

• →You need two or more recurring direct deposits, not one lump sum. A single $3,000 ACH push will not qualify, so this one needs a real paycheck landing at least twice.
• →Open Eastern Free Checking if you want the cheapest path. It takes $25, has no monthly fee and no minimum balance, and qualifies for the full $350.
• →There is no debit card spending requirement and no balance to hold on the checking bonus.
• →The payout is slow. Eastern only commits to paying by February 11, 2027, and the account has to still be open with money in it when the bonus lands.
• →You have to live in Massachusetts, New Hampshire, Maine, or Rhode Island, and you cannot have owned an Eastern personal checking account on or after August 1, 2025.
• →One bonus of each type per household, counted by common address.

Direct Deposit Data Points 5

5 community reports across 4 transfer sources, showing what triggers a qualifying direct deposit at Eastern Bank.

View all Eastern Bank direct deposit data points →

Can You Earn This Bonus Again?

Fine Print

New checking customers who open a personal checking account (other than a Private Bank Checking Account) at Eastern Bank between 8/1/2026 and 9/14/2026 earn a $350 bonus if the account receives two or more recurring electronic payroll, pension, or government benefit direct deposits totaling at least $3,000 within the first 90 days after account opening. To be a new customer you must be the primary signer and must not have been an owner of an Eastern Bank personal checking account on or after August 1, 2025. You must be at least 18, reside in MA, NH, ME, or RI, and have a valid tax ID. The account must be open with a balance greater than zero when the bonus is paid. All earned bonuses are deposited by 2/11/2027. One bonus of each offer type per household.

Taxable income · Reported on 1099-INT

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