Earn up to $20 per month with free checking that pays you for every signature debit card purchase.
Key Features
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Up to $20 Monthly Cash Back on Debit Card Purchases
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Free Account
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No Monthly Service Fees
- Get $300 - - (Lowell & Dracut residents only) receive qualifying direct deposits of $1000 or more within 30 days*
- Free checking that pays you for using your debit card
- Earn up to 20¢ for every signature debit card purchase to a maximum of $20 per month
- Free payroll cash checking (up to $750 per payroll check)
- Free basic check order per year
- No monthly service fees
- Unlimited check writing
- Automatically receive Loyalty Rewards with higher combined deposit and loan balances
- Free digital banking services, including:
- Free online banking & bill pay
- Free mobile banking with mobile deposit
- Free eStatements
- Free Cash Rewards Mastercard® EMV debit card with ID Theft Monitoring
- Nationwide surcharge-free ATMs via the Allpoint® network
- $10 minimum deposit to open
How to Earn Your Cash Rewards
Every time you use your debit card as a signature purchase, you earn a cash reward. The amount of each cash reward increases with additional accounts you have with the bank.
- Cash Rewards Checking: 7¢
- Savings Account with Direct Deposit: 3¢
- Loan of at least $5,000: 10¢
- Total possible with every debit purchase: 20¢
*Offer is intended for new qualifying direct deposits on a new or existing Cash Rewards Checking or Interest Rewards Checking account for customers having their primary residence in Lowell MA or Dracut MA. A qualifying direct deposit is a recurring direct deposit of a paycheck, pension, Social Security, or other eligible regular monthly income electronically deposited by an employer or outside agency. Direct deposits via ATM, online, teller deposits, P2P services like Paypal or a transfer from a bank or brokerage account do not qualify. Customer will receive a $300 deposit into their account within 30 days from redeeming a "$300 Claim Form" and verification of eligibility. Offer expires March 31, 2023. Washington Savings Bank may change or discontinue this offer at any time before this date without notice. One $300 offer per customer, per household, per account. Offers cannot be combined. Services must be activated after 01/01/2023. Member FDIC. Member DIF.
Yeah, it's a "free account," but you may do some other stuff that could cause a fee.
Description |
Fee |
Stop Payment Fee |
$30 |
Overdraft/NSF Fee |
$30 |
Surcharge ATM Fee |
Varies |
Foreign ATM Fee |
3 free per month then $1.25 |
Returned Deposit Item |
$7.00 |