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Easy Money? Eastern Bank's $750 Bonus is Back (But There's a Catch!)
Published on October 20, 2025, 2:05 AM

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Heads up, deal seekers! Eastern Bank is once again offering a bonus of up to $750 for new customers in MA, NH, ME, and RI. This is great news if you're looking to pad your travel fund. This offer is available until November 17th, 2025.

Here's the breakdown: You can snag $350 for opening a new checking account and setting up direct deposits totaling $4,000 within 90 days. Then, you can grab another $250 by opening a new Statement Savings Account and depositing $15,000 within 30 days, maintaining that balance for 90 days. If you do both, you get an extra $150, bringing the total to $750!

Now, the catch: You need a significant chunk of change to take full advantage of this. Make sure you read the fine print! You have to be a new customer, and the direct deposit has to be a legit payroll, pension, or government benefit—no funny business with transfers. Also, remember that this bonus is considered interest income, so you'll owe taxes on it. But hey, $750 is still $750! This could easily cover a domestic flight or a nice hotel stay, making it well worth considering if you meet the requirements.

Why This Matters for Your Strategy

News in the points-and-miles world moves fast, and promotional changes often have a short window. If this announcement affects a card or program you hold, log into your awardtrail dashboard to check your current benefit usage, bonus progress, and whether a transfer or redemption makes sense right now — before terms change.

As a general rule: transfer points only when you have a specific redemption in mind — transfers are almost always one-way and non-reversible. If you're unsure of the value, check our redemption guides before acting.

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