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Frequently Asked QuestionsFor this offer, only the Premium Checking and Premium Savings accounts may be opened using the “Open Accounts” link above. If you open in a banking center, you may open any eligible personal checking/savings account. Opening your account online allows you to apply at a time and location convenient for you. Banking Center openings allow for face-to-face interactions that might be helpful if you prefer discussing financial matters in person or have questions about this promotional offer. We encourage you to make an appointment if you would like to open an account at a Banking Center. You can earn up to $900 when you open a new Premium Checking and Premium Savings account on the same day and meet all offer requirements. This includes:
No. Premium Savings requires a linked Premium Checking account, so clients cannot open Premium Savings by itself to earn only the savings bonus. Clients seeking to qualify for the promotional bonuses must open both a new Premium Checking and Premium Savings account and meet the applicable offer requirements. This offer is available to new personal checking / savings clients. You are not eligible if any account owner:
Your bonus will be deposited into your account(s) within 30 days after the initial 90-day requirements are met. Both accounts must remain open and in good standing through the qualification period and until the bonus is paid. |
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1 CASH BONUS DETAILS: Webster Bank New Checking & Savings Cash Back Bonus Offer: Up to $900 Offer Period: July 1, 2026 – September 30, 2026 Bonus Eligibility: You must be a new Webster Bank personal checking and savings client. Individuals who currently have or had a personal checking and/or savings in the past 12 months are not eligible. Offer is limited to one bonus per client. Offers may be changed, extended, or withdrawn at any time without notice. Offers available online or in-person only. Eligible Personal Accounts: Personal Checking: Webster Connect Checking, Choice Checking, Premium Checking, Private Checking. Personal Savings: Savings, Premium Savings, Private Savings. Please see a banker or visit websterbank.com for product information. To receive the checking bonus: Open a new Webster Bank personal checking, which is subject to approval; AND have qualifying direct deposits totaling $500 or more post to your new eligible checking account within 90 days of account opening. The 90-day period begins the business day after account opening. Your direct deposit needs to be an electronic deposit of your paycheck, pension or government benefits (such as Social Security) from your employer or the government. Teller deposits, wire transfers, debit card transfers, ATM, Online and Mobile Banking transfers or deposits, or person-to-person transfers (such as Zelle® or Venmo®) are not considered a direct deposit. After you have completed all the above checking requirements, we’ll deposit a $300 bonus into your new account within 30 days after the initial 90-day requirements are met. To receive the savings bonus: Open a new Webster Bank personal savings account, which is subject to approval; AND deposit a total of $15,000 or more in new-to-bank money into your new eligible savings account within 15 calendar days of account opening. The new-to-bank money deposit cannot be funds held by you at Webster Bank; AND maintain at least a $15,000 or more daily collected balance in the new eligible savings account for 90 days. The 90-day period begins the business day after the account is fully funded. After you have completed all the above savings requirements, we’ll deposit a $300 bonus into your new account within 30 days after the initial 90-day requirements are met. To receive the extra bonus: Open the personal checking and personal savings account at the same time and complete all requirements for BOTH the checking bonus and savings bonus. After you have completed all requirements, we will deposit an additional $300 bonus (total bonus amount of $900) in your new eligible savings account within 30 days after the initial 90-day requirements are met. To receive any of the above bonuses, the enrolled account needs to be open in good standing in an eligible account type until payment of the bonus, which will occur within 30 days thereafter. Eligibility may be limited based on account ownership. Bonus may be reversed for fraud or abuse. The Annual Percentage Yield (APY) for Premium Checking, and Private Checking effective as of 7/1/2026, is 0.01% for all balances in all states. The Annual Percentage Yield (APY) for Savings, Premium Savings, and Private Savings effective as of 7/1/2026, is 0.01% for all balances in all states. Interest rates are variable and subject to change. Fees may reduce earnings on the account. Bonuses are considered interest and will be reported on IRS Form 1099-INT. 2 No Webster fee at non-Webster ATMs and unlimited rebates for non-Webster ATM owner fees. Rebates credited on the last day of the statement cycle. This rebate has no cash value and cannot be carried forward. Excludes currency conversion and cross border Mastercard® fees. Excludes Visa® foreign transaction fees. 3 Premium Checking: Minimum opening deposit of $25 is required. You can avoid the $15 monthly maintenance fee by keeping $2,500 in checking or $10,000 combined deposit balances, including CDs. Premium Checking earns interest. The Annual Percentage Yield (APY) for Premium Checking as of 7/01/2026 on all balances is 0.01%. The APY is subject to change at any time. Fees may reduce earnings. 4To send or receive money with Zelle®, both parties must have an eligible checking or savings account. Transactions between enrolled users typically occur in minutes. Only send money to people and businesses you trust. Neither Webster Bank nor Zelle® offers a protection program for any payments made with Zelle® – for example, if you do not receive the item you paid for or the item is not as described or as you expected. Zelle® and the Zelle® related marks are wholly owned by Early Warning Services, LLC, and are used herein under license. |