Vermont has many banks that have both in person and online banking options. The state has banks of all sizes that provide great bank solutions to all sections of its society. Many national and local banks in Vermont offer bonuses to its customers for promotional purposes. Some of these bonuses are straightforward and can be earned easily while some of them can be scams. Following is a list of the best banks in Vermont that provide financial services. Make sure you make your research and then opt for one.
TD Bank
This bank offers an attractive bonus on its TD Premier Checking Account. The requirements are as follows:
- Open a TD Premier Checking Account.
- Set up a direct deposit of around $2,500 within 60 days of opening the account.
- Further, this account gives its customer free money orders, official bank checks, and incoming wire transfers.
- The account needs no monthly maintenance fee if a minimum daily balance of $2,500 is maintained.
- No ATM fees and live customer service.
Discover Bank
This bank offers a 1.50% APY on its Discover Savings Account. The details are as follows:
- There is no minimum balance requirement and no monthly fees.
- No hidden fees and no opening balance.
Chase Bank
This financial institution offers a bonus of around $350 on opening a new Chase Total Checking account.
- Open a Chase Total Checking Account.
- Set up a direct deposit of around $10,000 or maintain a minimum of $10,000 for 90 days in Chase Savings account.
- The customer can earn $200 bonus on opening a new account and setting a direct deposit and $150 bonus on a new Chase Savings Account with a balance of $10,000.
- Further, the customer gets free access to the bank’s ATMs.
CIT Bank
This bank offers a bonus of 1.75 % APY on its Money Market Account. The following are the services that are offered.
- Open a Money Market Account and get 1.75% APY on the funds
- Customers can get up to 6 digital transfers and withdrawals per cycle
- Higher rates than national banks
- The bank is FDIC insured and the opening amount is $100
Capital One
This bank offers a bonus of $100 on its Money Market Account. The following are the details.
- Open a 360 Money Market Account
- The opening amount should be around $10,000 or more
- The customer gets an APY of 1.50%.
- Additionally, the bank offers free access to ATMs.
- They also offer mobile and online banking
This bank is FDIC insured
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Cambridge Savings Bank
Cambridge Bank offers $175 bonus to its customer. The details are mentioned below:
- Open a new Performance Checking account with Cambridge Bank.
- This will not affect the credit score of the customer.
Most banks give out bonuses in order to lure in customers. So, if you find an interesting offer, check it thoroughly to understand what you are getting into before opening an account with the bank. Be careful about the scams and long-term investment plans that start with a small bonus.
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