Earn up to $660 in Cash and Credits with a new Beacon One Checking account

Banking products are provided by Beacon Bank: Member FDIC. Equal Housing Lender. Beacon Bank is a Massachusetts chartered bank. Rates are subject to change at any time.

⁺The $300 reward is not valid for Beacon Bank clients with an existing Beacon Bank Checking account (This includes former BankRI, Brookline Bank, Berkshire Bank, and PCSB accounts) and is limited to new Beacon One Checking clients that set up direct deposit through the Beacon Bank online banking platform.
 
New Beacon One Checking clients who set up recurring direct deposits totaling $1,000 or more per month for 3 consecutive months into their Beacon One Checking account will receive $300. To qualify for the $300, the Beacon One Checking client must successfully complete their Direct Deposit switch through Beacon Bank’s online banking platform or Mobile app Direct Deposit tool. The first direct deposit is required to post to the account within 60 days of account opening. Direct deposits set up in branch or directly with the payroll provider outside of the Beacon Bank online banking platform or mobile app will not qualify for this offer.

Eligibility and Exclusions-The Direct Deposit credit is only valid by using Beacon’s online banking platform to set up your direct deposit. Must be at least 18 years of age to use Direct Deposit and to be eligible for credit. Client can only receive one $300 credit for this promotion. Direct Deposit setup must be submitted through pinwheel to be eligible for this promotion. Direct deposits must total $1,000 or more into a single Beacon One Checking account per month for 3 consecutive months to qualify. All account specific qualifications must be met to qualify for credit. The program may be discontinued or changed at any time without notice.

Credit Information-The client’s Beacon One Checking account must remain open, active, and in good standing. The Beacon One Checking account must receive a combined direct deposit of $1,000 or more per month for three (3) consecutive months. The first direct deposit is required to post to the account within 60 days of account opening. The calendar month following the third qualifying direct deposit, Beacon Bank will credit $300 into the customer’s Beacon One Checking account set up using Direct Deposit. The client will see the credit reflected in their statement with the description “Direct Deposit 2026 Credit.” Direct Deposit credits may be reportable to the IRS on Form 1099-MISC.

This Direct Deposit promotion is scheduled to end on December 31, 2026. Any Beacon One Checking accounts opened after December 31, 2026 will not be eligible for the direct deposit credit under the above terms.

In addition, Beacon Bank may refuse payment to a customer under the program if it has a good faith belief that the individual has provided false, misleading, or deceptive information while participating in the Direct Deposit program or establishing corresponding accounts.

Direct deposit is offered through Pinwheel. Beacon Bank has a relationship with Pinwheel to offer services to its clients.

Limited Time Offer and may be withdrawn at any time.

⁺⁺You will receive a refund of all External Outgoing Transfer fees assessed, which will be credited by the fifth (5th) business day of the following month. Your credits may be reportable to the IRS on Form 1099-MISC. Does not include wire transfer fees.

^†Beacon One Checking: The minimum balance to open a Beacon One Checking account is $10. Minimum balance to earn variable interest rate and Annual Percentage Yield (APY) is $0.01. In order to receive the stated variable 0.10% Annual Percentage Yield (APY), this account must be enrolled in Paperless Statements and Notices. This is a variable rate account, and the interest rate and APY are subject to change without notice. Product not available for business accounts. Courtesy Pay℠, our discretionary service, is not available for this account. Generally, we will not authorize or pay transactions when you do not have enough money in your account. Fees may be charged by the merchant if your transactions are returned unpaid. For transactions that are pre-authorized by us, we must pay those transactions when they are presented for payment even if your account balance at the time of settlement is not sufficient to cover them. When this happens, you are not charged overdraft fees or continuous overdraft fees. Identity theft protection services are available for this account. Information about Identity Theft services will be sent in a separate email. Fees may reduce earnings on the account.

¹To qualify for the Stream On credit, each Calendar Month you must: Have a combined direct deposit total of $2,000 or more each month into your Beacon One Checking account AND Set up a monthly subscription with one of the following fifteen streaming services to be debited out of your Beacon One Checking account: Disney+, Netflix, Hulu, YouTube Premium, Paramount+, Spotify Premium, Apple Music, YouTube Music, Amazon Music, SiriusXM, Xbox, PlayStation, Nintendo, Steam, or EA Play. Annual subscriptions do not qualify. Both required transactions must post and settle to the account during the Calendar Month. Your monthly streaming service debit must post and settle to your account by the end of business (5 PM EST) on the last business day of a Calendar Month to be counted. Transactions may take one or more business days to post and settle to an account after the date a transaction is made. “Calendar Month” begins on the first of the month and ends the last day of the monthly period.

The Stream On credit is not valid for Beacon Bank clients with an existing Beacon Bank Checking account (This includes former BankRI, Brookline Bank, Berkshire Bank, and PCSB accounts) and is limited to new Beacon One checking account clients only. The following additional terms apply to this account: If you qualify each calendar month, for the 24 months following account opening, we will credit up to $15 per month into your Beacon One checking account. Monthly credits will cease the 25th calendar month after account opening. Beacon Bank will provide a credit in the amount of the highest streaming, music or gaming service paid up to $15. For example: If you pay $6.99 a month for Netflix and $7.99 a month for Disney+, you will receive a streaming service credit of $7.99 the following calendar month. If you pay over $15 a month for one of the above streaming services, you will receive a credit of $15 the following calendar month. This credit will show on your statement with the description “Credit for streaming service”. Stream On credits are capped at 24 per tax reported owner. When the Stream On qualifications are met, the credit will be posted to your account within the following calendar month. If you do not qualify at any point during the 24 calendar months following account opening, you will NOT receive the streaming, music or gaming service credit for that calendar month. Stream On credit Scenarios:

1. You open your Beacon One Checking account August 1, 2026, and qualify for the Stream On credits consistently for 24 months. At the end of the promotional period, July 31, 2028, you will have received 24 Stream On credits.

2. You open your Beacon One Checking account August 1, 2026, but do not qualify for the Stream On credits until September 1, 2026. At the end of the promotional period, July 31, 2028, you will have received 23 Stream On credits.

3. You open your Beacon One Checking account August 1, 2026, and qualify for the Stream On credit for the remainder of 2026. In January 2027, your monthly combined direct deposit falls short of the $2,000 requirement, you will not receive the credit in February. If you then subsequently qualify in February and continue to qualify each calendar month, you will receive the Stream On credit until July 31, 2028. At the end of the promotional period, you will have received 23 Stream On credits. If the account is closed before any credits are posted to your account, the credits will be forfeited. Your credits may be reportable to the IRS on Form 1099-MISC.

^‡Beacon One Money Market: This account will receive a variable premium interest rate and Annual Percentage Yield (APY). The variable premium interest rate and APY subject to change without notice. Fees may reduce earnings. A $1,000 minimum deposit AND a Beacon Bank checking account with an ownership relationship required. The minimum balance requirement to earn the APY is $10 after initial deposit. No maintenance service charge fees will be charged on Beacon One Money Market accounts regardless of the balance maintained. The balance of the Beacon One Money Market account cannot exceed $5,000,000. If your daily balance is equal to or more than $10.00, but less than or equal to $24,999.99, the interest rate paid on the entire balance in your account will be 3.01% with an Annual Percentage Yield of 3.05%. If your daily balance is $25,000.00 or more, the interest rate paid on the entire balance in your account will be 3.15% with an Annual Percentage Yield of 3.20%.
 
^**Beacon One Savings: This account will receive a variable premium interest rate and Annual Percentage Yield (APY). The variable premium interest rate and APY are subject to change without notice. Current APY: 3.20% APY. Fees may reduce earnings. Minimum balance to open the Beacon One Savings account is $250. The minimum balance to obtain the disclosed APY is $10. In order to qualify for this account, you need to have a Beacon Bank checking account with an OWNERSHIP relationship. 
 
^***Beacon One 6 Month CD: The minimum balance to open an account and attain the stated Annual Percentage Yield (APY) is $1,000. APY is subject to change at any time. Current APY: 3.30% APY. A penalty may be imposed for early withdrawal. Fees may reduce earnings. The balance of the Beacon One CD account cannot exceed $1,000,000. In order to qualify for the Beacon One 6 Month CD, you must be an OWNER on a Beacon Bank checking account. Transaction limitations are as follows: You may not make any additional deposits into your Beacon One CD account before maturity.

^****Beacon One 24 Month CD: The minimum balance to open an account and attain the stated Annual Percentage Yield (APY) is $1,000. APY is subject to change at any time. Current APY: 3.30% APY. A penalty may be imposed for early withdrawal. Fees may reduce earnings. The balance of the Beacon One CD account cannot exceed $1,000,000. In order to qualify for the Beacon One 24 Month CD, you must be an OWNER on a Beacon Bank checking account. Transaction limitations are as follows: You may not make any additional deposits into your Beacon One CD account before maturity.

Interest rates are variable and subject to change at any time. The Beacon One Checking, Savings, Money Market, and CD rates are current as of 6/26/2026.

²ACH Fast Credit is available only for consumer transactions that come through with the Nacha Standard Entry Class code of PPD which stands for Prearranged Payment and Deposit. This includes all of the types of credits mentioned above (direct deposit, federal tax return, social security, alimony, child support, etc.). Most business transactions are coded as CCD/CTX, which stands for Corporate Credit or Debit and are not eligible for ACH Fast Credit.

³Cell phone insurance is offered through Mastercard. Beacon Bank has a relationship with Mastercard to offer services to its customers. The maximum liability is $800 per claim, and $1,000 per covered card per 12 month period. Each claim is subject to a $50 deductible. Coverage is limited to two (2) claims per covered card per 12 month period. To learn more about how you qualify for this cell phone insurance, Click here.
 
⁴All non-Beacon Bank ATM Inquiry fees incurred nationwide waived. We will reimburse all non-Beacon Bank ATM Withdrawal and Surcharge fees incurred nationwide per statement cycle. Your surcharge (non-Beacon Bank ATM fee) credits may be reportable to the IRS on Form 1099-MISC. "Statement Cycle” begins the calendar day after the previous Statement Cycle ends and runs through the last business day of the statement period. Beacon Bank’s ATM policies are subject to change at our discretion at any time.

⁵ Identity theft protection services are available for the Beacon One Checking account. Information about Identity Theft services will be sent in a separate email Eligible customers for Identity Theft services would include the Consumer, his/her spouse or domestic partner, dependents in the household up to age 25, other IRS-qualified dependents in the household, and parents living at the same address as the consumer, or living in hospice, assisted living, or nursing home.

⁶Consult your mobile carrier for any fees they may charge for Internet usage or receiving texts.

⁸Refer a Friend: Existing Beacon Bank customers making a referral ("Referrer") will receive $100 for each eligible individual referred to Beacon Bank (“Referred Person”) who is a new customer without an existing Beacon Bank relationship, who utilizes the personalized link provided by the Referrer to open a Beacon One checking account or Beacon One University checking account, successfully submits the application using the referral code by December 31, 2026, and completes the other requirement specified in the Refer a Friend disclosure. Other Beacon Bank checking products do not qualify. The initial Referrer may receive up to a maximum of $400 within a calendar year for participating in the Refer a Friend program. “Calendar Year” is a one-year period that begins on January 1^st and ends on December 31^st. For more details on eligibility and how to make a referral, read our Refer a Friend Disclosure.

Please see the fee schedule for applicable fees and the Consumer Online Account Truth In Savings for additional information. Our account fee policy is subject to change at any time.