Newtown Savings Bank Flagship Checking $350 Bonus

1. 1

   Open with code CONSUMERBP

   Open a new Flagship Checking account with promo code CONSUMERBP and a $25 minimum deposit.

2. 2

   $1,500+ direct deposit in 60 days

   Receive a qualifying direct deposit of $1,500 or more within 60 days of opening. Salary, pension, Social Security, or other regular income by ACH counts. Transfers between accounts, Zelle, Venmo, and branch, ATM, or mobile deposits do not.

3. 3

   Stay positive for 90 days

   Keep the balance from going negative during the 90-day period, or the bonus is not paid.

Newtown deposits the $350 into the checking account by the end of the month after the qualifying direct deposit, generally within 90 days.

Account Details

Eligibility

Tips & Gotchas

• →Maximum $350 bonus per household, so pick one checking account per household.
• →Only a real direct deposit counts. Transfers from your own accounts and Zelle or Venmo payments do not.
• →Residency: the bank's page does not state a rule, but Doctor of Credit lists the offer for Connecticut and Putnam and Westchester County, NY only.
• →Flagship Checking charges $25 a month unless you keep a $2,500 minimum daily balance (or $20,000 combined across the bank). Budget for it or hold the balance.

Can You Earn This Bonus Again?

Fine Print

Offers are available for new personal checking accounts. All account holders must be new checking account customers (no open personal Newtown Savings Bank checking account within a 12-month period). Use promo code CONSUMERBP. A qualifying direct deposit of $1,500 or more for Flagship Checking, or $150 or more for Free Checking, must be received within 60 days after account opening; the bonus is deposited into the checking account by the month-end of the following month (generally within 90 days). If the account balance is negative during the 90-day period, the bonus will not be paid. A qualifying direct deposit is salary, pension, Social Security, or other regular monthly income deposited through ACH by an employer or outside agency; transfers between accounts, person-to-person transfers (Venmo, Zelle), and branch, ATM, or mobile deposits do not qualify. Maximum $350 bonus per household. $25 minimum deposit to open. Flagship Checking requires a $2,500 minimum daily balance or a $20,000 combined daily balance to avoid its monthly charge.

Taxable income · Reported on 1099-INT

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