Update 7/12/26: Extended until 7/31. Hat tip to reader snailrock
Update 5/10/26: There is also a $100 savings bonus. Just requires six consecutive monthly transfers from a qualified Ascend checking account. Hat tip to reader snailrock
Update 4/18/26: Bonus is back, but for $300 this time. Valid until June 28, 2026,
Terms say Connecticut residents only
Offer at a glance
- Maximum bonus amount: $400
- Availability: NY, CT, VT, RI, MA, ME, NH
- Direct deposit required: Yes, no minimum
- Additional requirements: See below
- Hard/soft pull: Unknown
- ChexSystems: Unknown
- Credit card funding: None
- Monthly fees: None
- Early account termination fee: $100, 180 days
- Household limit: None listed
- Expiration date: December 31, 2025
The Offer
Direct link to offer
- Ascend Bank (formerly Guilford Savings Bank) is offering a $400 bonus when you open a new checking account and complete the following requirements:
- $200 to open checking for 6 months, must meet requirements to keep account fee free ($250/mo direct deposit and a debit card purchase for the lowest tier)
- $100 to receive a direct deposit within 30 days
The Fine Print
- Up to $400 Consumer Checking Offer: Offer available when you open a new Access Checking, Preferred Access Checking or Prime Access Checking account.
- You must enter promotion code “Ascend400” if opening online or mention the promotion to a banker when opening at any Ascend Bank branch.
- Account must remain open for 180 days to receive the $200 statement credit.
- Get $100 for making a direct deposit within 30 days of opening your account.
- Eligible direct deposits are electronic automated clearing house (ACH) deposits. Examples of eligible direct deposits include, but are not limited to: payroll, Social Security, pension and government benefits.
- Deposits made through a teller, ATM, or the Ascend Bank mobile app are ineligible direct deposits. Get $100 when you open a Spring Savings account within 30 days of opening a qualifying checking account.
- May be subject to 1099 reporting.
- Account holder is responsible for all applicable taxes.
- Offer valid through December 31, 2025, and may be withdrawn at any time.
- Limit 1 offer per person.
- New & existing customers are eligible, but funding may not come from a current Ascend Bank account.
- Rates on all balances subject to change based on future market conditions.
- Accounts subject to approval.
- $50 minimum to open any personal checking account. View full account details at https://ascend.bank/personal/bank/checking.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Early Account Termination Fee
Account must remain open for 180 days to receive the $200 statement credit
Our Verdict
Not sure how accurate the state availability is after the name change. Share your experiences in the comments below.
Hat tip to reader Brockrr
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