Take advantage of our updates on BankWell bonuses, promotions, and offers here!
Currently, they have a $50 bonus when you refer someone to open a new checking account.
BankWell Review
Bankwell is your financial partner, today and into the future. They deliver an array of quality banking services and financial expertise with the care and attention you get only from local CT bankers who know you and the communities they serve.
- Availability: CT (Bank Locator)
- Credit Inquiry: Unknown
CD accounts or Savings Accounts are also another great way to earn and save money. If you are interested, check out our nationwide lists here:
If you are not eligible for these promotions, use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
I’ll go over the BankWell offers below.
BankWell $50 Referral Bonus
BankWell now has a referral program where customers can earn a $50 bonus when they refer their friends to open a new account with them.
- What you’ll get: $50 Bonus
- Eligible account: Checking
- Where it’s available: CT
(No expiration date listed)
| Chase Total Checking ($300 Bonus) | KeyBank Checking ($300 bonus) |
| Bank of America Checking ($300 Bonus Offer) | SoFi Checking & Savings Account ($325 bonus) |
How to Earn Bonus
- For each $50 you receive, a friend or family member (not a current customer of Bankwell) must open a new myBankwell Checking, myBankwell Choice Checking or Choice Preferred Checking account AND complete the following within 90 days of account opening:
- Set up electronic direct deposit of a paycheck, pension or government benefit (like social security), AND
- Make at least five (5) debit card transactions that post to the new checking account within a monthly statement cycle
- Receive another $25 when your referral opens a Checking Account with a Debit Card and makes at least one debit card transaction within 45 days of becoming a member.
- Bonuses are considered interest and will be reported on IRS Form 1099-INT.
- A referrer may only receive bonuses for up to four referrals per calendar year. The referrer may not refer themselves.
- A minimum of $25 is required to open a myBankwell Checking account.
- A minimum of $100 is required to open a myBankwell Choice or Choice Preferred Checking account. Offer effective 9/19/16.
- Offer not available to Bankwell employees or their families. This offer may be withdrawn at any time.
- A “referral” does not include a business entity, an organization of any sort, a trust or a person acting in a fiduciary capacity for someone else.
How To Waive Monthly Fees
- Smart Checking: None
- Smart Savings: None
- Business Checking: None
- Analyzed Checking: None listed
- Business Checking with Interest: Avoid the monthly maintenance fee and item processing fees of $0.15 for each check written and $0.12 for each check deposited on this account in one of two ways: Maintain an average checking account balance of $5,000 for the current statement period, OR Maintain an average balance for the previous month statement period of $15,000 in combined
- IOLTA Accounts: None
- Escrow Management Account: None listed
- Municipal Checking: No monthly fees for municipal accounts with a $10,000 average current balance
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Conclusion
All in all, if you live in Connecticut and want a new banking experience, then this is a great offer for you. When you open a new spending account you’ll receive this amazing bonus offer. There are lots of account features that you’ll also receive when you open a new account with them as well.
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*Check back at this page for updated BankWell promotions, bonuses and offers.
