Webster Bank
Webster Bank Premium Checking $300 Bonus
Webster Bank pays you $300 when you open a new personal checking account and receive $500 or more in qualifying direct deposits within 90 days. The bonus posts within 30 days after the 90-day period ends. Opening a Premium Savings account at the same time and holding $15,000 for 90 days adds $300, plus another $300 bundle bonus for doing both, for up to $900 total. The offer runs through September 30, 2026 for residents of eight Northeast states.
- Bonus amount
- $300
- Expires
- Sep 30, 2026
- Time to complete
- ~90 days
- Bonus deposited in
- ~120 days
- Difficulty
- Easy
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Requirements
Last verified: Jul 26, 2026
Open an account
Open a new Webster Bank personal checking account online or in a banking center between July 1 and September 30, 2026. Premium Checking takes a $25 minimum opening deposit.
Receive $500 in direct deposits
Have qualifying direct deposits totaling $500 or more post to the new checking account within 90 days of account opening. Qualifying deposits are electronic deposits of your paycheck, pension, or government benefits. Teller deposits, wires, ATM deposits, online and mobile transfers, and person-to-person payments do not count.
Webster deposits the $300 into your new checking account within 30 days after the initial 90-day requirement period ends. The 90 days start the business day after account opening.
Account Details
- The $15 monthly maintenance fee is waived with a $2,500 average monthly collected balance in the checking account.
- It is also waived with $10,000 in combined average monthly collected balances across Webster checking, savings, money market, and CD accounts.
- Webster Connect Checking, which has no monthly maintenance fee, also qualifies for the bonus if you would rather avoid the balance test.
The account has to stay open and in good standing through the 90-day qualifying period and until the bonus posts, which happens within 30 days after that. Webster charges a $15 fee if you close the account within 90 days.
Eligibility
You are not eligible if any account owner currently has, or has had in the previous 12 months, a personal Webster checking or savings account.
- One bonus per client.
- Accounts must be opened online or in person at a Webster banking center.
Tips & Gotchas
- →The 90-day clock starts the business day after your account opens, not the day you apply.
- →Webster looks back 12 months on both personal checking and personal savings. Having had either one inside that window disqualifies you.
- →Premium Checking carries a $15 monthly fee unless you keep $2,500 in checking or $10,000 across Webster deposits. Webster Connect Checking also qualifies for the bonus and has no monthly maintenance fee.
- →Closing the account within 90 days triggers a $15 early closure fee and forfeits the bonus.
- →Adding a Premium Savings account with $15,000 held for 90 days pays another $300, and doing both at the same time adds a third $300 for $900 total. The savings side needs new-to-Webster money.
Can You Earn This Bonus Again?
Fine Print
Webster Bank New Checking and Savings Cash Back Bonus Offer, offer period July 1, 2026 through September 30, 2026. You must be a new Webster Bank personal checking and savings client; individuals who currently have or have had a personal checking or savings account in the past 12 months are not eligible. One bonus per client. Eligible personal checking accounts are Webster Connect Checking, Choice Checking, Premium Checking, and Private Checking. To receive the checking bonus, open a new Webster Bank personal checking account, subject to approval, and have qualifying direct deposits totaling $500 or more post to the account within 90 days of account opening; the 90-day period begins the business day after account opening. Qualifying direct deposits are electronic deposits of your paycheck, pension, or government benefits from your employer or the government. Teller deposits, wire transfers, debit card transfers, ATM, online and mobile banking transfers or deposits, and person-to-person transfers are not direct deposits. The $300 bonus is deposited within 30 days after the initial 90-day requirements are met. The account must remain open and in good standing until the bonus is paid. Bonuses are considered interest and reported on IRS Form 1099-INT.
Taxable income · Reported on 1099-INT
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An electronic payment sent directly into your bank account, usually from an employer or government.
Does Zelle Count as Direct Deposit for Bank Bonuses?
No. Zelle payments don't count as direct deposit for bank bonuses. Here's why it fails and what to use instead so the bank pays you.
What is a fee waiver?
A condition you can meet to have the monthly maintenance fee on an account waived.
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