WaterStone Bank Checking Account Promotion

WaterStone Bank is offering a checking account promotion that can earn new account holders as much $200.00 on new relationship checking accounts. The checking account bonus is based on opening a new relationship account and the performance of specific functions over time with the new checking account.

The conditions to earn the checking account promotional bonus include the following: old checks can be redeemed at the bank for 25 cents per check up to maximum amount of $25.00, setting up an automatic deposit of $200.00 or more earns $5.00, pay bills online to a minimum of three different payees of at least $10.00 each earns $5.00 and using the checking account check card for at least three purchases of $10.00 earns $5.00. The amount of the bonus is determined by the amount of checks redeemed at account opening and the number of other actions performed each statement cycle.

The monthly statement promotional bonuses are credited the new checking account on the last day of the statement provided the account holder meets the requirement outlined above for a period of up to 12 months.

The WaterStone Bank Relationship Checking Account has a minimum opening balance requirement of $100.00. There is an $8.00 monthly fee with this account; the fee is waived with a balance of $1,000.00 or more or $5,000.00 in total deposits. With an account balance of $2500.00 or higher, the checking account is an interest earning account. The current checking account interest rate is 0.10 percent.

The checking account must be opened for at least 90 days to receive the initial bonus or there will be a $25.00 closing fee assessed. The checking account promotion is available to new checking account customers. The new checking account must be opened by January 31, 2011. Additional conditions may apply. The current checking account promotion or bank deal and the terms and conditions associated with it are subject to bank approval and may change at any time.

WaterStone Bank a Wisconsin based bank. WaterStone Bank operates eight bank branches with locations in Wauwatosa, Franklin, Germantown, Oak Creek, Oconomowoc, Pewaukee, Waukesha and West Allis.

To find information on other bank deals and promotions please see Bank Deals. To review the best high interest checking accounts go to Interest Checking Accounts. To find additional information on online bank checking accounts see Online Checking Accounts. For specific promotions from Chase Bank, Citibank or Bank of America refer to Chase Bank Promotions, CitiBank Promotion or Bank of America Promotions.

Tags: bank deal, checking account, checking account interest rate, checking account promotion, new checking account, WaterStone Bank

This entry was posted on Monday, January 10th, 2011 at 12:08 am and is filed under Checking Account Promotions. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.