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.
For Personal accounts: Make 10 Debit card transactions (ATM Withdrawals are not eligible) OR receive a Direct Deposit (A Direct Deposit is any electronic deposit from a third party, such as recurring payroll, Social Security, pension, or government benefits. Excludes external transfers and person-to-person transactions such as PayPal®, Venmo or Zelle).
For Business accounts: Make 5 Bill Payments OR make 10 debit card transactions (ATM withdrawals are not eligible).
Referees will now earn $50 for opening a Value Checking account (Webster Value or Webster Business Value) and completing the qualifying transactions and $100 for opening a Premium account (WebsterOne Relationship Checking, Premier Checking, Webster Complete Business Checking, Webster Commercial Checking for Small Business).
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 10-12 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This offer may not be combined with other offers and may be withdrawn at any time without notice.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 07/28/21 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 07/28/21: 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 and 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. Free for cash deposits of less than $1,000 per business day. If exceeded, the charge is $2.00 for the first $1,000 cash deposited, then $.20 for every additional $100 deposited per business day.
Webster Complete Business Checking: Minimum opening deposit of $500 is required. $25.00 monthly service charge. Other miscellaneous fees may apply.
Webster Commercial Checking for Small Business: Minimum opening deposit of $500 is required. $32.00 monthly service charge. Free for cash deposits of less than $1,000 per business day. If exceeded, the charge is $2.50 for the first $1,000 cash deposited, then $.25 for every additional $100 deposited per business day. Per item charges are: $1.50 per deposit ticket processed, $.20 per check deposited, $.25 per check paid. Fee may be offset through earnings credit. Other miscellaneous fees may apply.