[ME, NH] Camden National Bank $300 Checking Bonus
Update 2/16/25: Deal is back.
Offer at a glance
- Maximum bonus amount: $300
- Availability: ME, NH
- Direct deposit required: Yes, $500+
- Additional requirements: None
- Hard/soft pull: Soft
- ChexSystems: Unknown
- Credit card funding: Up to $500, Visa or Mastercard only
- Monthly fees: $5, avoidable
- Early account termination fee: $25, six months
- Household limit: None listed
- Expiration date: November 15, 2024
The Offer
- Camden National Bank is offering a $300 bonus when you open a new Rewards OR Premier checking account and complete the following requirements:
- Receive a direct deposit of $500+ within 60 days of account opening
The Fine Print
- To be eligible for account bonus you must open either a Rewards or Premier checking account between September 9 and November 15, 2024.
- You must be an individual of at least 18 years of age.
- The primary owner of the account must have a Maine or New Hampshire address.
- You may not be or have been an owner of a Camden National Bank consumer checking account during the last twelve (12) months prior to opening this account.
- The minimum opening account deposit is $25.
- If you set up $500 or more in direct deposits within 60 calendar days of opening your account, a $300 will be direct deposited to your account within 90 calendar days of the qualifying transaction.
- Account bonuses are reported to the IRS as interest income.
- Account must be open, active and not overdrawn at the time the bonus is made.
- Overdrawn includes any utilization of any Progressive Pay amount that may be available to you.
- One bonus payment per account or individual.
- This cannot be combined with any other offer.
- Employees of Camden National Bank or its affiliates are excluded from this offer.
- Contact the bank for further details. Limited-time offer, subject to change.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Rewards checking has a $5 monthly fee
- $0 if you maintain a $500 minimum average daily balance
Early Account Termination Fee
There is an early account termination fee of $25 if you close the account within 6 months of account opening.
Our Verdict
There was a $200 bonus with no direct deposit requirement and a $300 bonus with a direct deposit requirement but had an account that was harder to keep fee free. I do think this is worth doing and will add this to our list of the best bank account bonuses.
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