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Get $300 cash+ ON US!
+The $300 reward is not valid for Beacon Bank clients with an existing Beacon Bank checking account 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 by June 30, 2026. 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 by June 30, 2026 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 must be received within 45 days of Direct Deposit submission (or form download). 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 1H2025 Credit.” Direct Deposit credits may be reportable to the IRS on Form 1099-MISC.
This Direct Deposit promotion is scheduled to end on June 30, 2026. Any direct deposit that is set up after June 30, 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.
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.