Update 3/28/26: Offer valid until May 8, 2026. To qualify, you cannot have had an Eastern or HarborOne bank account after March 7, 2025. Reader Tip The other James
Update 10/19/25: Offer back until November 17, 2025. Hat tip to the reader Midori
Offer at a glance
- Maximum bonus amount: Up to $750
- Availability: MA, NH, ME, RI
- Direct deposit required: Yes, $4,000+
- Additional requirements: See below
- Additional requirements: ANY
- Hard/soft pull: Soft
- ChexSystems: yes, sensitive
- Credit card financing: No longer available
- Monthly fees: ANY
- Early account closure fee: None, the bonus will be posted by January 28, 2020
- Family boundary: A
- Expiration date: 15.9.2025
Offers
- Eastern Bank offers a bonus of up to $750.
- Get $350 when you open a new checking account and meet the following requirements: Two or more qualifying direct deposits totaling $4,000 within 90 calendar days of account opening
- Get $250 when you open a new checking account and qualify
- Deposit $15,000 within the first 30 calendar days of account opening
- Maintain an average daily balance of $15,000 over a 90-day calendar period
- Get $750 total when you do both ($150 extra)
Fine Press
- Checking Offer: To qualify for the incentive, you must open an Eastern Personal Checking Account between 08/01/2025 and 09/15/2025 and have two or more direct deposits of salary pensions or government benefits totaling $4,000 within the first 90 calendar days of the account opening date. Electronic loans (other than payroll, pension or government benefits) such as person-to-person payments, self-initiated transfers between your accounts at Eastern Bank and other institutions or brokerages (including pension accounts) and payments through third parties such as PayPal or eBay do not qualify as direct deposit. You must be a new Personal Current Account customer. New checking customers have not had an Eastern Bank personal checking account or had a personal checking account relationship with Eastern Bank, or any bank merged into Eastern Bank as of 8/1/2024. 90 calendar days after the account opening date, Eastern Bank will determine whether an incentive will be paid based on whether the stated qualifications and Additional Important Information for the Offer of Control have been met. Incentives for eligible accounts will be deposited into the customer’s checking account on or before 1/15/2026.
- Savings Offer: To qualify for the incentive, you must open an Eastern Mirrors Savings Account between 08/01/2025 and 09/15/2025 and deposit $15,000 within the first 30 calendar days of account opening. You must maintain an average daily balance of $15,000 over a 90-day calendar period. This period will begin on the 31st day after account opening. You must be a new Savings Statements customer. New Statement Savings Customers have not had a personal savings or money market account with Eastern Bank or had a personal savings account or money market relationship with Eastern Bank, or any bank merged with Eastern Bank since 8/1/2024. 120 calendar days after the account opening date, Eastern Bank will determine whether an incentive will be paid based on whether the stated qualifications and Important Additional Information are met for the Savings Offer. Incentives for eligible accounts will be deposited into your savings account on or before 2/16/2026.
- Additional Offer: Earn an additional $150 if you open and qualify for both the Checker Offer and the Savings Offer. Checking and savings accounts must be opened within 3 business days of each other. The lead signatory must meet both the Check Offer and Savings Offer requirements and all other qualifying criteria. An additional $150 for eligible accounts will be deposited into the customer’s checking account on or before 2/16/2026.
- All bank account bonuses are treated as income/interest and as such you must pay tax on them
Avoidance of fees
Monthly fees
Free Eastern Check has no monthly fees to worry about.
Early account termination fee
There is no fee for early account closure
Our verdict
There is one $300/$450 checking offer that $450 bonus is definitely better if you only want to do the check bonus. Savings account statement earns 0.01%. That means the savings bonus works out to be 6.6666% APY. The extra $150 to do both is only comparable to the $450 check bonus that is also offered, so I don’t think this combo bonus is worth doing.
Useful posts about bank bonuses:
