Snag Up to $1,000 with HarborOne Bank's Latest Bonuses – But Act Fast

If you live in Massachusetts, New Hampshire, or Rhode Island and you're on the hunt for a solid bank bonus, HarborOne Bank has a couple of offers worth a closer look. They're currently running a $600 personal checking bonus and a $1,000 business checking bonus. The personal offer has been extended through September 10, 2025, and the business one runs until September 30, 2025. Let's break down what you need to know to grab that cash.

The $600 Personal Checking Bonus – How It Works

This bonus is actually split into two parts: $300 for opening a checking account and an extra $300 if you also open a savings, money market, or CD account. To get the first $300, you need to register for the bonus within 30 days of opening your account at harborone.com/bonus. Then, you'll need to set up direct deposits totaling at least $2,500 per month for three consecutive months. Those deposits must start within 30 days of opening the account.

For the extra $300, you have to open the checking and the savings (or money market or CD) on the same day. On top of meeting all the checking requirements, you'll need to keep a combined average monthly balance of at least $10,000 in those new accounts for three months. You get the first 30 days to bring the balance up to that level.

A quick note on what counts as a direct deposit: HarborOne wants recurring electronic deposits from your employer or the government – things like paychecks, pensions, or Social Security. Transfers from other accounts you own or payments from services like PayPal don't qualify. So make sure your payroll or benefits are set to go in.

• Register for bonus at harborone.com/bonus within 30 days of opening
• Open any personal checking account (minimum $10 to open)
• Receive $2,500+ in qualifying direct deposits each month for 3 months
• For full $600: also open savings, MM, or CD on same day and maintain $10,000 average balance for 3 months
• Bonus credited within 20 days after 5-month anniversary of account opening

The $1,000 Business Checking Bonus – For Small Business Owners

If you run a business in MA, NH, or RI, this one's for you. The $1,000 bonus requires opening a new business checking account and maintaining a $15,000 average daily balance from 30 days after opening through December 31, 2025. You also need to register for the bonus at harborone.com/businessbonus within 30 days of opening the account.

One nice perk: if you keep that $15,000 balance, you'll get complimentary cash management services (like Positive Pay, Remote Deposit Capture, and Bill Pay) through the end of 2025. But if the balance dips below $15,000 at any point, those fee waivers disappear. The bonus itself is paid out in Q1 2026, so you'll need to be patient.

Just like the personal offer, the money used to fund the account must be 'new money' to HarborOne – not transfers from existing accounts or loan proceeds. And if you've had a business checking account with them in the past 12 months, you won't qualify.

• Register at harborone.com/businessbonus within 30 days
• Open a new business checking account with new money
• Maintain $15,000 average daily balance through 12/31/25
• Free cash management services if balance is maintained
• Bonus paid in Q1 2026

What to Watch Out For

These are solid bonuses, but they're not for everyone. First, you need to live near a branch – HarborOne has 28 locations across MA, NH, and RI. There's no online-only option for these offers. Also, the APYs on the accounts are pretty low (0.02% on checking and savings), so don't open these for the interest. The bonus is the real draw.

For the personal bonus, the direct deposit requirement is strict. If you can't reroute your paycheck or benefits, you won't qualify. And for the business bonus, parking $15,000 for months to get $1,000 is a decent return, but you tie up that cash for a while. Make sure you can afford to leave it there.

Also, remember that the bonus is considered interest and will be reported on a 1099-INT. So you'll owe taxes on it. Factor that into your math.

Bottom Line

• HarborOne's $600 personal bonus requires $2,500/month in direct deposits for 3 months; the full $600 also needs a $10,000 average balance in a linked savings or CD.
• The $1,000 business bonus requires a $15,000 average daily balance through 12/31/25 – bonus pays in Q1 2026.
• Both offers are only available in MA, NH, and RI, and you must open accounts in a branch.
• No early termination fees, but bonuses are taxable as interest.

Common Questions