WaterStone Bank is now offering a $200 bonus promotion to residents of Wisconsin, valid by March 31, 2016, when you open a WaterStone Free Checking account with a minimum direct deposit of $200 to get the first bonus of $60. Then a $3 (max $72) recurring monthly bonus with eStatements , another $3 (3x)  recurring bonus for  purchases with your debit card of at least $10 each (max $72). On top of an easy-to-obtain $200 checking bonus, Your WSB Free Checking account also includes many features such as; Mobile & Text Banking, over 850 no-fee ATMs, a free CheckCard, Mobile Check Deposit, free Online Bill Pay, no monthly fee, exceptional customer service, and much more! If you are interested in making an easy $200, I recommend that you read on! In addition, you can earn a $250 Bonus with Chase Total Checking + Savings!

How To Earn WaterStone Bank $200 Bonus:

1. Open a WaterStone Bank Free Checking Account
2. Requires Initial opening deposit of $100
3. Set up a direct deposit with a minmium $200
4. Set up an eStatement
5. Make 3 debit card transactions of at least $10 each
6. Retrieve obligated $200 Checking Bonus

WaterStone Bank Promotion Summary:

• Direct Bonus Link
  
• Account Type: Free Checking Account
• Maximum Bonus: $200
• Availability:  Wisconsin
• Expiration Date: 3/31/2016
• Hard/Soft Pull: Unknown
• Direct Deposit Requirement: Direct Deposit Required
• Additional Requirements: Make at least three debit card transactions of at least $10 per month, and sign up for eStatement
• Monthly Fee: None
• Early Termination Fee: Account must be open for at least 90 days to waive the $25 termination fee.

Fine Print & Bonus Terms:

• Offer(s) applies to new checking account customers only and does not apply to individuals that closed a WSB checking account within the past 180 days.
• Offer cannot be combined with other offers
• limited to one per customer and is not valid to individuals that received an incentive under another offer since 2010.
• For tax reporting purposes, a 1099 form will be issued for bonuses.
• $60 Automatic Deposit bonus offer requires a $200 minimum automatic deposit of payroll or government benefits to be received within 90 days of account opening.
• E-Statements bonus offer requires enrollment in WaterStone Bank SSB’s Consumer Internet Banking and consent to receive e-statements to qualify to receive $3 recurring bonus.
• The new account will be monitored for a period of 24 months from account opening for continued enrollment in e-statements.

Final Analysis:

WaterStone Bank is offering a perfect bonus deal for new customers, with a bonus of $200, and minimal requirements necessary to achieve this bonus!  Hurry and visit a local WaterStone Bank to get started today! I recommend not closing the account after 90 days, to avoid any claw-backs, but then again the Early termination fee is only $25. Check out our complete list of Banking Promotions for all your banking needs!