Refer-A-Friend or Business Checking Offer: Referrer will earn a $50 Visa Reward Card for each qualified referral. The referrer must submit a valid e-mail address for each referee. The referred account is qualified if it meets minimum deposit, activity requirements and is considered in good standing at the time of reward card issuance. An account is considered to be in good standing if it has a positive balance and is not in the process of being closed. The referrer may be paid for up to ten (10) referrals (max of $500) within a calendar year.
Referee must open a qualified checking account and complete one of the following by the end of the second full month that the account is open: Make 5 Bill Payments, OR make 10 debit cards transactions (ATM withdrawals are not eligible), OR for personal accounts, receive a Direct Deposit (Direct Deposit transactions are limited to payroll, social security, pension and government pensions, PayPal transactions are excluded). Referee will earn a $25 Visa Reward Card for completing these transactions, but can earn more for meeting additional requirements. Referee can earn $75 if their checking account balance averages $2,500 during the second full month of that account is open, OR referee can earn $250 if their checking account balance averages $10,000.00, during the second full month that the account is open.
To be eligible, referred customer must not have had an active Webster Bank Checking account opening that matched the address provided by the referrer. Qualified referee must reside in CT, MA, RI or NY and qualify for and open one of the following accounts: Webster Value Checking, WebsterOne® Relationship Checking, Webster Premier Checking, Webster Business Value Checking, Webster Complete Business Checking, or Webster Commercial Checking for Small Business. The referrer and referee will each receive their reward card, pending qualifications, approximately 14-16 weeks after their account opening. Each reward card amount will be reported by the IRS, state and local authorities if required by applicable law. Recipient is responsible for any federal, state and/or local taxes on reward items.
This offer may not be combined with other offers and may be withdrawn at any time without notice. Accounts opened by Webster Bank employees and their immediate family members and members of their household are not eligible for the reward. Visa is a registered trademark of Visa, Inc. Visa is not a participant or sponsor of this promotion.
Webster Value Checking: $11.95 monthly service charge ($2 paper statement fee for accounts not enrolled in statement eDelivery ). Minimum opening deposit of $50 is required. Miscellaneous fees may apply.
WebsterOne Relationship Checking: $16.95 monthly service charge (or $14.95 with direct deposit). Minimum opening deposit of $50 is required. Miscellaneous fees may apply. Rates and fees may vary by state and region; fees may reduce earnings. The APY (Annual Percentage Yield) for WebsterOne Relationship Checking as of 07/24/18 is 0.01% and is subject to change at any time Click here for current rates.
Premier Checking: $21.95 monthly service charge. Minimum opening deposit of $500 is required. Miscellaneous fees may vary by state and region; fees may reduce earnings. Premier checking is a tiered rate product. The APY (Annual Percentage Year) for Premier Checking as of 07/24/18: 0.01% for balances of $0 to $2,499.99, $2,500.00 to $9,999.99, $10,000.00 to $24,999.99, $25,000.00 - $49,999.00, and 0.02% for balances of $50,000.00 or more is subject to change at any time.Click here for current rates.
Webster Business Value Checking: Minimum opening deposit of $500 is required. $11.95 monthly service charge. 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. Fees for cash deposits are: $1.00 per deposit ticket processed, $.16 per check deposited, $.20 per check paid. Other miscellaneous fees may apply.
Webster Complete Business Checking: Minimum opening deposit of $500 is required. $21.95 monthly service charge. Other miscellaneous fees may apply.
Webster Commercial Checking for Small Business: Minimum opening deposit of $500 is required. $20.00 monthly service charge. Fees for cash deposits are: $1.00 for each $1,000 cash deposited, plus $.20 for every additional $100 deposited, per business day. Per item charges are: $1.00 per deposit ticket processed, $.16 per check deposited, $.20 per check paid. Fee may be offset through earnings credit. Other miscellaneous fees may apply.