Snag a $350 Bonus from Torrington Savings Bank – Here's the Scoop

If you live in Connecticut and have been looking for a solid checking account bonus, Torrington Savings Bank just rolled out a tempting offer. You can earn up to $350 just by opening a new Journey Checking account and completing a few straightforward steps. Let's break down exactly what you need to do to pocket that cash.

How the Bonus Breaks Down

This isn't a single lump sum – you get paid in two parts. First, you'll earn $250 after you set up at least two direct deposits that add up to $500 or more and sign up for eStatements. Then, you can grab an extra $100 by making ten debit card transactions. Both tasks need to be completed within your first four statement cycles after opening the account.

The $250 bonus should hit your account within four statement cycles after you finish the requirements, while the $100 bonus takes about five cycles. Just keep the account open until then – they can close accounts with a zero balance without warning.

Who Can Apply?

You're eligible if you don't already have a Torrington Savings Bank consumer checking account (as a tax reporting owner). You need to be at least 13 years old, but if you're under 18 you'll have to open the account in person with a parent or guardian. For online applications, you must be 18 or older and a U.S. citizen or resident alien. You'll also need a physical Connecticut address, your Social Security Number or ITIN, and a valid ID.

One more thing: employees, directors, and their immediate family members are not eligible for this bonus.

A Few Things to Watch Out For

First, remember that the bonus is considered taxable income – you'll get a 1099-INT for it. Second, don't try to game the system with multiple accounts; the bonus is limited to one per person. Also, while there's no early termination fee listed, they can close your account if it hits zero, so keep a small balance until the bonus posts.

If you're opening online, make sure to enter promo code EARN350 during the application. If you prefer to do it in person, just mention the code at a branch. And since this is a limited-time offer, don't wait too long – it could disappear without notice.

Bottom Line

• Earn $250 with 2 direct deposits of $500+ and eStatements, plus $100 with 10 debit card purchases.
• Must be a new Journey Checking customer in CT with promo code EARN350.
• Bonus is taxable (1099-INT) and offer may end anytime.

Common Questions