Take advantage of the latest Salem Five bonuses, promotions and offers here.
Currently, you can find bank bonuses with $250 in promotional offers.
Salem Five Bonuses Review
- Availability: NH, MA (Branch Locator)
- Hard/Soft Credit Inquiry: Hard Pull
- Direct Deposit Options: Alliant, Capital One
While these bank promotions are rather attractive, you can also take advantage of our list of Savings, Money Market, and CD rates.
However, if you are not interested, definitely take a look at 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 review the current Salem Five bonuses below.
Salem Five $250 Checking Bonus
Earn a $250 bonus from Salem Five when you open a new Free Account.
- What you’ll get: $250 Bonus
- Eligible account: Open Checking
- Where it’s available: MA, NH
(Expires 05/23/2022)
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
- Customer must meet the following criteria to be eligible for the offer:
- Must be a new checking customer and could not have a Salem Five personal checking account within the prior twenty-four months.
- Must reside in Massachusetts counties of: Barnstable, Bristol, Essex, Middlesex, Norfolk, Plymouth, Suffolk, Worcester.
- Must be at least 18 years of age.
- Must provide reference code 2022MAR250 to branch employee if opening the account in branch. Promotional offer for an account opened online will only be available through this web page and link or by using the reference code 2022MAR250 in promo field.
- Must not be employed by Salem Five.
- Direct deposit is reoccurring income electronically deposited into your checking account for purposes such as payroll, pension, or government benefits.
- Person-to-Person payments, payments through third parties such as PayPal, and bank transfers between accounts, do not qualify as a direct deposit.
- You must deposit at least $10 to open this account.
- The one-time bonus offer will be deposited into the new account within 60 days of meeting the offer criteria.
- The account must be open with a positive balance to receive the bonus offer.
- Only one offer per customer and one per household.
- Household is defined by address.
- Bonus qualifiers are subject to change and bonus payout is reviewed by, and at the discretion of, the Bank.
- Member DIF.
- Member FDIC.
(Expired) Salem Five $300 Checking Bonus
Earn a $300 bonus from Salem Five when you open a new Free Account.
- What you’ll get: $300 Bonus
- Eligible account: Open Checking
- Where it’s available: MA, NH
(Expired)
Chase Private Client ($3,000 Bonus) | Fifth Third Preferred Checking ($300 Bonus) |
KeyBank Checking ($300 bonus) |
How To Earn Bonus
- To qualify for the $300 offer, the Open Account must be opened online between 10/1/2021 and 11/26/2021.
- Have a cumulative direct deposit of $2,000 or more made within 90 days of account opening.
- Must deposit at least $10 to open this account. If the new account is opened in branch, the bonus is $100.
- Customer must meet the following criteria to be eligible for the offer:
- Open a new checking customer and could not have a Salem Five personal checking account within the prior twelve months.
- Must reside in Massachusetts or New Hampshire.
- Must be at least 18 years of age.
- Provide reference code 2021OCT100 to branch employee if opening the account in branch.
- Must not be employed by Salem Five.
- Direct deposit is reoccurring income electronically deposited into your checking account for purposes such as payroll, pension, or government benefits.
- Person-to-Person payments, payments through third parties such as PayPal, and bank transfers between accounts, do not qualify as a direct deposit.
- The account must be open with a positive balance to receive the bonus offer.
- Only one offer per customer and one per household.
- Household is defined by address.
- Bonus qualifiers are subject to change and bonus payout is reviewed by, and at the discretion of, the Bank.
- Promotional offer for an account opened online will only be available through this web page and link.
- Member FDIC.
- Member DIF.
How to Waive Monthly Fees
- Checking: No monthly fees
- Open Savings: No monthly fees
- Gold Star Saver: No monthly fees
- Statement Savings: $3.00 monthly waived with $300 minimum balance
- Business Forward Checking: $5.00 monthly waived when you maintain a $500 average daily balance
- Business Interest Checking: $15.00 monthly waived when you maintain a $2,500 average daily balance
- Analysis Checking: $25.00 monthly waived depending on the earnings credit may reduce or offset fee
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Conclusion
Salem Five offers these great bonuses with no monthly service fees, so your money is yours to keep. In addition, they offer online banking services, so you can manage your funds anytime!
Feel free to comment on this post with any questions you may have about Salem Five, their accounts they offer, or any experiences you have had!
Check back often for more Salem Five Bonuses, Promotions, or Offers!