Take a look at the latest Watertown Savings Bank bonuses, promotions, and offers here.
Update 6/26/24: The bonus offer is back with an increased offer of $250 (from $100) valid through 8/31/24.
Watertown Savings Bank Bonuses Review
Founded in 1870, Watertown Savings Bank has a long history of being a trusted, independent, mutual bank that is FDIC and DIF insured. Their mission is to be a safe and secure, independent mutual bank committed to being a leader in delivering superior personal service, quality products, and banking convenience to customers and local communities.
I’ll go over the Watertown Savings Bank offers below.
Watertown Savings Bank $250 Checking Bonus

- What you’ll get: $250 Bonus
- Eligible account: Checking Account
- Where it’s available: MA (Bank Locator)
- Credit Inquiry: Soft Pull or Hard Pull? Let us know.
- Direct Deposit Required: Yes
- Monthly Fee: None
- How to earn it:
- Open any new WSB checking account with a minimum deposit at account opening is $10 using promo code at the time of account opening.
- Receive at least two direct deposits totaling at least $1,000 or more within 45 days of account opening.
- Maintain an active account. A checking account is “Active” if not dormant. A dormant account is a checking account showing no activity other than posting interest for a period of greater than 90 days. Maintain an active account by using the WSB debit card and enrolling in WSB Online and/or the WSB Mobile Banking app.
- The $250 reward will be deposited to your new WSB Checking account within 6 weeks of satisfying the foregoing requirements.
(Expires 08/31/2024)
Fine Print
- Offer available to new Watertown Savings Bank (“WSB”) Customers or current WSB customers who do not have a checking account on or before June 1, 2024. Requirements:
- (1) Open any new WSB checking account, subject to Bank approval. Minimum deposit at account opening is $10. To open an account, visit a WSB branch location or submit an online application and mention/put in promo code Checking at the time of account opening.
- (2) Receive at least two direct deposits totaling at least $1,000 or more within 45 days of account opening.
- (3) Maintain an active account. A checking account is “Active” if not dormant. A dormant account is a checking account showing no activity other than posting interest for a period of greater than 90 days. Maintain an active account by using the WSB debit card and enrolling in WSB Online and/or the WSB Mobile Banking app.
- The $250 reward will be deposited to your new WSB Checking account within 6 weeks of satisfying the foregoing requirements. Any taxes due related to this Offer are the responsibility of the recipient. Offer valid until August 31, 2024. Not valid if combined with other offers. Offer subject to change without notice.
Watertown Savings Bank $200 Referral Bonus *Expired*
You and a friend can each get up to $200 when you refer them to Watertown Savings Bank.
- What you’ll get: $200 Bonus
- Eligible account: Checking Account
- Where it’s available: MA
- Credit Inquiry: Soft Pull or Hard Pull? Let us know.
- Direct Deposit Required: Yes
- Monthly Fee: None
- How to earn it:
- Refer friends and family members to open a qualifying checking account by using promo code: FRIEND online or mentioning the code when they open the account in branch.
- Next they will have to make a minimum deposit of $10 to open the checking account.
- To earn a $100 bonus they will have to set up a direct deposit of at least $1,000 to the account.
- Then to earn another $100 bonus they will have to use their debit card at least 6 times within 60 days of account opening and make one payment using Online Bill Pay within 60 days.
(Expires 03/31/2020)
Fine Print
- Checking offer is available to new Watertown Savings Bank (WSB) customers.
- Any taxes due on this bonus/these bonuses is/are the responsibility of the recipient.
- Not valid if combined with other offers.
- Offer subject to change without notice.
- The Refer a Friend program discloses that each party has an account at Watertown Savings Bank.
- To participate both parties agree to waive their rights to privacy in that regard.
- By submitting this sign up form, you give permission to the bank, in the context of the Refer a Friend program, to make it known to each other that you have an account at Watertown Savings Bank and completed the requirements to receive the bonus described above.
How To Waive Monthly Fees
- Free Checking: None
- Plus Checking: $5 monthly fee, waivable with minimum balance $100 or Direct Deposit
- Pinnacle Checking: $15 monthly fee, waivable with $10,000 combined balance
- Access Savings: $2 monthly fee, waivable with $100 balance
- Money Market: $10 monthly fee, waivable with $5,000 balance
- Pinnacle Savings: None
- Free Business Checking: None
- General: None
- Non-Profit: None
- IOLTA: None
- Business Money Market: $10 monthly fee, waivable with $5,000 balance
- Presidential Business Savings: $10 monthly fee, waivable with $25,000 balance
- Security Deposit Trust Account: None
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Conclusion
If you are interested, make sure to check out Watertown Savings Bank to learn more about the current bonus. Simply meet the requirements above and you will be able to start a new banking experience! Additionally, you will have access to great account features such as Mobile Banking , Online Banking, exceptional customer service, and more!
I recommend you check out a list of our Savings, Money Market, and CD Rates to find other generous promotions you can take advantage of.
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.
Feel free to comment on this post with any questions you may have about Watertown Savings Bank, their accounts they offer, or coupon codes.
Check back often for more Watertown Savings Bank Bonuses, Promotions, or Offers!