Free checking that pays
$ 200
*
. visit washtrust . com
Member FDIC . Annual Percentage Yield ( APY ) effective as of March 23 , 2023 , and may vary after account opening . Freedom Free Checking : under $ 5,000 APY is 0.00 %, $ 5,000 and over is 0.01 %. Customer must open a new consumer checking account with funds from sources other than Washington Trust . Two direct deposits from payroll , social security , pension , or other government benefits are required within 90 calendar days of the account opening date . Deposits received from Person-to-Person ( P2P ) services do not qualify e . g ., Venmo ®, Pay Pal ®, etc . After the second direct deposit has been credited to your account , Washington Trust will make a $ 200.00 deposit within 30 calendar days . For additional information , please refer to the Consumer Terms and Conditions of your account . Minimum balance to open account is $ 25 . Limited to one cash deposit bonus per tax reported owner per account . Not available to customers who received a cash deposit bonus on a previous Washington Trust account within the last two years of this account opening date . Offer is for a limited time and may be withdrawn at any time . Subject to 1099 reporting . Fees may reduce earnings .
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