Best bank bonuses in Rhode Island

Only offers whose official page says they are for U.S. residents, or names Rhode Island. A blank page means we have not verified a footprint that includes Rhode Island. Offers with an unstated footprint are on the home board.

Charles Schwab

Brokerage or IRA

Up to $1,000

A referred new Schwab client can earn up to $1,000 after a qualifying net deposit within 45 days. The top tier takes $500,000.

brokerageNo direct depositNationwideReferral

Deposit: Qualifying net deposit within 45 days: $25,000–$49,999 pays $100, $50,000–$99,999 pays $300, $100,000–$499,999 pays $500, and $500,000 or more pays $1,000.
Direct deposit: Direct deposit is not required.
Keep open: At least one year for taxable accounts, or Schwab may charge back the award. The one-year rule is stated for taxable accounts. An IRA holding period is not stated the same way.
Bonus posts: About one week after day 45, and Schwab's examples put payment roughly 1–2 weeks after the 45-day mark.
Expires: Not stated as a calendar end date. Schwab can change or end the offer without notice.
Monthly fee: Not stated on the referral page. Not stated on the referral page.

Effective value

$1,000

This is the $500,000 tier. Smaller deposits pay $100, $300, or $500. A monthly fee is not stated, so it is not subtracted. You need someone else's referral code.

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Santander

Simply Right, Essential, Select, or Private Client Checking

$500

Keep a $5,000 average daily balance for 90 days, add one qualifying direct deposit, and Santander pays $500.

checkingDirect deposit9 states

Deposit: Maintain a $5,000 average daily balance for the first 90 days.
Direct deposit: At least one qualifying direct deposit within 90 days, plus a $5,000 average daily balance.
Keep open: At least 90 days, and open at payout.
Bonus posts: Within 30 days after the 90-day period.
Expires: Open by December 18, 2026. See the $300 card for the footnote conflict on activity deadlines.
Monthly fee: Simply Right is $10 or $0. One posted transaction in the calendar month waives Simply Right's $10 fee.

Effective value

$500

No monthly fee if you use Simply Right and post one transaction a month. The $500 is not reduced.

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Eastern Bank

Personal checking

$350

Eastern Bank pays $350 on a new personal checking account in MA, NH, ME, or RI after $3,000 in qualifying direct deposits within 90 days.

checkingDirect depositMaine, Massachusetts, New Hampshire, Rhode Island

Deposit: Minimum opening deposit is $25 for Eastern Free Checking, $50 for eZ Checking, or $500 for Premier Checking.
Direct deposit: Two or more recurring electronic payroll, pension, or government-benefit direct deposits totaling at least $3,000 within 90 days.
Keep open: Not stated as a day count beyond staying open with a balance above zero until payout, which Eastern says is by April 19, 2027.
Bonus posts: By April 19, 2027.
Expires: Open by November 20, 2026.
Monthly fee: Not stated on the offer page. Not stated on the offer page.

Effective value

$350

The monthly fee is not stated on the offer page, so it is not subtracted. Check the account you actually open before counting on the full $350.

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Santander

Simply Right, Essential, Select, or Private Client Checking

$300

Santander pays $300 if you keep a $2,000 average daily balance for 90 days and receive at least one qualifying direct deposit. Branch opening with a promo code.

checkingDirect deposit9 states

Deposit: Maintain a $2,000 average daily balance for 90 days. Applicable minimum opening deposits apply; the dollar amount is not stated on the offer page.
Direct deposit: At least one qualifying direct deposit within the first 90 days, plus a $2,000 average daily balance over those 90 days.
Keep open: At least 90 days, and the account must still be an eligible type and in good standing when the bonus is paid.
Bonus posts: Within 30 days after the 90-day period.
Expires: Open in a branch by December 18, 2026. The footnote also says qualifying activities must be completed by December 18, 2026, and that the account must stay open at least 90 days. Read both before you rely on a late opening.
Monthly fee: Simply Right Checking is $10 or $0. Select is $25 or $0. Simply Right: one posted deposit, withdrawal, transfer, or payment during the calendar month, or any owner under 26. Select: $25,000 combined balances.

Effective value

$300

Assumes Simply Right Checking and one transaction a month, which waives the $10 fee. The $300 is not reduced.

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Eastern Bank

Statement Savings

$250

Eastern Statement Savings pays $250 if you deposit $15,000 within 30 days and keep that average for the following 90 days. No direct deposit.

savingsNo direct depositMaine, Massachusetts, New Hampshire, Rhode Island

Deposit: Deposit $15,000 within 30 days, then keep a $15,000 average daily balance for 90 days beginning on day 31.
Direct deposit: Direct deposit is not required for the savings bonus.
Keep open: Eastern determines qualification 120 days after opening. The account must still be open with a balance above zero at payout.
Bonus posts: By April 19, 2027.
Expires: Open by November 20, 2026.
Monthly fee: Not stated on the offer page. Not stated on the offer page.

Effective value

$250

Monthly fee is not stated, so it is not subtracted. You do have to leave $15,000 on deposit through the 90-day average window.

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Eastern Bank

Checking and Statement Savings together

$150 extra

Open Eastern checking and savings within 3 business days and finish both bonuses. The bank adds $150, for $750 in all.

checkingDirect depositMaine, Massachusetts, New Hampshire, Rhode Island

Deposit: Open both accounts within 3 business days of each other and meet both offers.
Direct deposit: You must complete the checking direct-deposit rule and the savings balance rule. This $150 does not replace those bonuses.
Keep open: Both accounts must be open with a balance above zero at payout.
Bonus posts: By April 19, 2027.
Expires: Open by November 20, 2026.
Monthly fee: Not stated on the offer page. Not stated on the offer page.

Effective value

$150

This is only the extra $150. The $350 and $250 are separate cards. Fees are not stated, so they are not subtracted here.

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Robinhood

Individual taxable brokerage

Typically $5

Robinhood gives new brokerage customers a stock reward. About 99% of people get $5 of stock. A few get $10 or $200.

brokerageNo direct depositNationwide

Deposit: No funding minimum is stated. Link a bank account or debit card after you are approved.
Direct deposit: Direct deposit is not required.
Keep open: 60 days if you want to withdraw the sale proceeds. Selling can happen after 3 trading days.
Bonus posts: The stock is credited within about one week after you claim the reward.
Expires: Ongoing until Robinhood changes or ends it. No calendar end date is stated.
Monthly fee: Not stated on the offer page. Not stated on the offer page.

Effective value

Uses the $5 that Robinhood says about 99% of customers receive. It is stock. Nothing is subtracted for a monthly fee because the page does not state one. Do not plan on the $200.

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Public

Account transfer match

1% match

Public matches 1% of an account transfer, paid monthly over 5 years, and may reimburse up to $100 of transfer fees above $5,000.

brokerageNo direct depositNationwide

Deposit: Transfer a brokerage account, IRA, or 401(k) rollover. Public matches 1% with no cap stated, paid monthly over 60 months. Transfers over $5,000 can also get up to $100 of fees reimbursed.
Direct deposit: Direct deposit is not required.
Keep open: Not a closure fee. The match is paid over 60 months, and taking money out reduces what is left.
Bonus posts: Monthly for 60 months, beginning about one month after the transfer settles.
Expires: Not stated. Public can end or change the offer.
Monthly fee: Not stated on the FAQ page. Not stated on the FAQ page.

Effective value

Varies

1% of whatever you transfer, paid slowly over 5 years. There is no single dollar amount to put in the headline total, so it is left out. A $10,000 transfer is $100 of match, $100 a month at a time across 60 payments only if you do not withdraw.

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