Middlesex Savings Bank is offering a sweet $200 bonus for opening a new Freedom Checking account! Here's the catch: you need to live in a town with a Middlesex Savings Bank branch, or a town right next to one (all branches are in Massachusetts). If you meet that requirement, it's pretty straightforward.

To snag the bonus, use the promo code CHK250 when you open the account and make at least eight debit card purchases within 60 days. No direct deposit is needed, and there aren't any monthly fees to worry about. A check will be mailed within 90 days of opening your account.

Why should you care? Bank bonuses are essentially free money! If you're eligible and can easily meet the requirements, it's an easy way to pad your travel fund or cover some everyday expenses. Just remember that bank bonuses are considered income, so you'll need to report it on your taxes.