Washington Trust Company $200 Checking Account Bonus (2026) - Review & Requirements
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- Direct deposit: 2 qualifying direct deposits
- Deposit window: 90 days
- Minimum opening deposit: $25
- Enter promo code PLUS200 when you apply
- Availability: RI
- No stated lifetime limit
- ChexSystems sensitivity: Unknown
- No early-closure rule listed
- Bonus posts: ~30 days
What Counts as Direct Deposit
Employer payroll is always the safest method. "Maybe" means some people report it working and it is not guaranteed. Open a row to see the individual reports.
Then receive two direct deposits from payroll, Social Security, pension or other government benefits within 90 calendar days of the account opening date. Washington Trust deposits the $200 within 30 calendar days after the second direct deposit is credited. Source
The reports come from Doctor of Credit comment threads, public Reddit posts, and members who told us what happened to their own deposit. Each one is dated where the person gave a date. Read how we check offers.
Reports are attached to the offer, never to your name. Members can log one from their account instead.
Overview
Washington Trust Company is currently offering a $200 checking bonus. The core requirement is 2 qualifying direct deposits within 90 days. The eligible account has no monthly maintenance fee documented in the catalog.
Pros
Cons
Notes
Enter promo code FREE200 during application. Make 2 qualifying direct deposits within 90 days. Allow approximately 30 days for the bonus to post after qualification.
How This Compares to Other Bonuses
Washington Trust Company's $200 offer is closest in headline value to CIBC US's $200 checking bonus. Compare the direct-deposit requirement, geographic eligibility, fees, approval sensitivity, and payout timing, not only the advertised amount.
Frequently Asked Questions
What is the current Washington Trust Company checking bonus?
Washington Trust Company currently advertises $200. The principal requirement is 2 qualifying direct deposits within 90 days.
Does the Washington Trust Company bonus require direct deposit?
Yes. The catalog currently records 2 qualifying direct deposits within 90 days. Confirm the bank's exact definition before applying.
When should the Washington Trust Company bonus post?
The tracked estimate is about 30 days after you satisfy the requirements.
Full Requirements
Open a new personal checking account with at least $25 funded from somewhere other than Washington Trust, and use offer code Free200. Then receive two direct deposits from payroll, Social Security, pension or other government benefits within 90 calendar days of the account opening date. Washington Trust deposits the $200 within 30 calendar days after the second direct deposit is credited. The bank requires a direct deposit for this bonus but does not state a minimum amount in the terms we have, so we cannot tell you how much to send. Treat any qualifying direct deposit as the requirement and confirm the amount with the bank before relying on it. Apply online.
Fees
Simply Free Checking and Freedom Free Checking carry no monthly fee. Freedom Plus waives its $15 monthly service charge with $5,000 in combined balances or loans, and Freedom Ultra waives its $25 charge with a $15,000 daily minimum balance.
ChexSystems & Credit Pull
ChexSystems / credit-pull policy not officially stated.
Eligibility
Washington Trust Company (Rhode Island). The bonus is offered on Student, Simply Free, Freedom Free, Freedom Plus and Freedom Ultra Checking. No dollar minimum is stated for the two direct deposits, but person to person transfers such as Zelle, Venmo and PayPal do not count. Limited to one cash bonus per tax reported owner. You are not eligible if you received a cash bonus on a previous Washington Trust account within the two years before this account opening date. No published end date.
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Sources (3)
We last checked this against the bank's page on September 8, 2026.
Historical Promotions
The current $200 is the highest we've tracked since January 2023.
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What actually counts as a direct deposit at 53 banks. Fidelity, Schwab, ACH pushes, all in one printable table, verified.
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Fat Stacks Academy may earn a commission when you open an account through links on this page, at no additional cost to you. Commissions do not influence our reviews — we verify offer terms directly with each bank before publishing and do not accept paid placement in our rankings. Bonus offers, requirements, and fees are determined by each financial institution and may change at any time. Always verify the current terms directly with the bank before applying. This content is for informational purposes only and does not constitute financial advice.