Webster Bank offers a $50 bonus to both customers through the Webster Bank referral program for personal and business checking accounts.
This Webster Bank promotion is only available for residents of NY, MA, RI, and CT.
Both customers earn a $50 bonus through the referral program, so please feel free to share Webster Bank referrals in the below comments.
How To Earn Webster Bank Referral Bonuses
Visit the Webster Bank Refer-a-Friend Program to participate and send your friends or business partners referrals.
The referrer must submit a valid email address for each referee, and the referee must provide a valid email address at account opening that matches the address provided by the referrer.
The referred customers must open a personal or business checking account and do any 1 of the following 3 options within 45 days:
1. Make 5 online bill payments.
2. Make 10 debit card transactions (ATM withdrawals are not eligible).
3. Set up a direct deposit (limited to payroll, social security, pension and government pensions, PayPal transactions are excluded).
Both customers will receive a $50 Visa Reward Card approximately 12 weeks after account opening when the new customer completes 1 of the qualifying actions.
Webster Bank Referral Program Details
The referrer may be paid for up to 10 referrals for a maximum of $500 within a calendar year.
The referred customer must not have had an active Webster Bank Checking account within the past 60 days.
Qualified personal checking accounts include Webster eChecking, Webster Student Checking, Webster Value Checking, WebsterOne Relationship Checking, and Premier Checking.
Qualified business checking accounts include Webster Business Value Checking, Webster Complete Business Checking, and Webster Commercial Checking for Small Business.
Accounts opened by Webster Bank employees and their immediate family members and members of their household are not eligible for the reward.
Webster Bank Checking Account Details
Webster eChecking. Minimum opening deposit of $50 is required. No monthly service charge during any monthly statement period when 1 direct deposit (electronic deposit of at least $500 from a third party, such as recurring payroll, social security or other income) is received, and 5 or fewer paper checks are written and posted to your account; otherwise, there will be a $5 monthly service charge. The monthly service charge is waived if any account holder is 22 years of age and under. Delivery of statements electronically is free; those accounts not enrolled in statement eDelivery will receive a $5 paper statement fee per monthly statement period.
Webster Student Checking. Minimum opening deposit of $50 is required. No monthly service charge. After 5 years account converts to eChecking and is subjected to fees associated with an eChecking account. A valid college student ID, enrollment in balance alerts and enrollment in statement eDelivery is required; those accounts not enrolled in these features within 60 days of account opening will be converted to eChecking.
Webster Value Checking. $11.95 monthly service charge (or $10.95 with Statement eDelivery enrollment). Minimum opening deposit of $50 is required.
WebsterOne Relationship Checking. $16.95 monthly service charge (or $14.95 with direct deposit). Minimum opening deposit of $50 is required. Rates and fees may vary by state and region; fees may reduce earnings .
Premier Checking. $21.95 monthly service charge. Minimum opening deposit of $500 required. Rates and fees may vary by state and region; fees may reduce earnings.
Webster Business Value Checking. Minimum opening deposit of $500 is required. $11.95 monthly service charge. Monthly service charge can be waived by maintaining a monthly average balance of at least $2,500. Receive 100 free transactions that include checks paid, checks deposited, deposit tickets, ACH debits and credits, bill or tax payments through Webster online, ATM deposits/withdrawals and debit card purchases – using signature or PIN (Personal Identification Number). There is a fee of $0.50 per transaction in excess of 100. Webster will waive the monthly maintenance fee on either a Webster Business Value Checking account or a personal Webster Value Checking account when you open and maintain a Webster Business Value Checking account. If you choose the additional Webster Business Value Checking account, all charges for excess transactions and excess daily cash deposits will apply. If the Webster Business Value Checking account associated with the account is closed for any reason, the normal monthly service charges will apply.
Webster Complete Business Checking. Minimum opening deposit of $500 is required. $21.95 monthly service charge. Monthly service charge can be waived by maintaining a monthly average balance of at least $7,500 in up to 3 linked Webster Complete Business Checking accounts. You may create a relationship package of up to 3 Webster Complete Business Checking accounts. The aggregated monthly average balance of these accounts will be calculated to determine if the account designated as the Primary is entitled to a service charge waiver based on maintaining the monthly average balance required to avoid the monthly service charge for that statement period. Secondary linked accounts will always be free of the monthly service charge, provided a primary account is present.
Webster Commercial Checking for Small Business. Minimum opening deposit of $500 is required. $14.00 monthly service charge.
Please feel free to provide your contact information in the comments section below this article in order to exchange Webster Bank referrals with other customers.
Review these additional Bank Promo Offers for more national checking account deals.
Take advantage of these Webster Bank promotional offers if you live in a qualifying state.