You can only enroll by visiting a Webster banking center. Enrollment does not occur until you have made the new money minimum deposit for the tier you select. You may choose only one bonus tier and are eligible for only one bonus payment.
Qualifications to earn up to $300 bonus: Deposit between $50,000 and $249,999 from a source outside of Webster Bank (“new money minimum”) into a new or existing Private Banking Checking account and have qualifying direct deposits totaling $1,000 or more made to this account during the statement cycle and maintain ≥ $50,000 in average daily balances during the statement cycle. Each statement cycle that you satisfy these conditions, you will receive a payout amount of $150 with a maximum payout of $300.
Qualifications to earn up to $500 bonus: Deposit between $250,000 and $499,999 from a source outside of Webster Bank (“new money minimum”) into a new or existing Private Banking Checking account and have qualifying direct deposits totaling $1,000 or more made to this account during the statement cycle and maintain ≥ $250,000 in average daily balances during the statement cycle. Each statement cycle that you satisfy these conditions, you will receive a payout amount of $250 with a maximum payout of $500.
Qualifications to earn up to $1,000 bonus: Deposit between $500,000 and $999,999 from a source outside of Webster Bank (“new money minimum”) into a new or existing Private Banking Checking account and have qualifying direct deposits totaling $1,000 or more made to this account during the statement cycle and maintain ≥ $500,000 in average daily balances during the statement cycle. Each statement cycle that you satisfy these conditions, you will receive a payout amount of $500 with a maximum of $1,000.
Qualifications to earn up to $2,000 bonus: Deposit between $1,000,000 and $1,999,999 from a source outside of Webster Bank (“new money minimum”) into a new or existing Private Banking Checking account and have qualifying direct deposits totaling 4 $1,000 or more made to this account during the statement cycle and maintain ≥ $1,000,000 in average daily balances during the statement cycle. Each statement cycle that you satisfy these conditions, you will receive a payout amount of $1,000 with a maximum of $2,000.
Qualifications to earn up to $4,000 bonus: Deposit greater than $2,000,000 from a source outside of Webster Bank (“new money minimum”) into a new or existing Private Banking Checking account and have qualifying direct deposits totaling $1,000 or more made to this account during the statement cycle and maintain ≥ $2,000,000 in average daily balances during the statement cycle. Each statement cycle that you satisfy these conditions, you will receive a payout amount of $2,000 with a maximum of $4,000.
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Bonus Amount:
$4,000
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Apply Online:
No
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Date Added:
2023-01-01