22 Best Bank Promotions for February 2021 ($100 Minimum Bonus)

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As online banks continue to gain popularity, traditional banks have been forced to find creative ways to bring in new customers. This is generally a win for banking consumers, especially when bonus money is involved!

The biggest and best bank promotions can be found on both consumer and business accounts. These days, you can earn both savings and checking account bonuses, as well as cashing in on some sweet promotions for business accounts, money market accounts, and more.

Before we get started, here’s a list of some other banking content that might interest you:

• Best High-Yield Savings Accounts This Year
• CIT Bank: Our Top Pick for Online Banking
• 6 Reasons to Use a High-Yield Savings Account

Best Current Bank Promotions ($100 Minimum)

We’ve scoured the internet to find the best bank promotions available! Below, you’ll find a list of checking account bonuses, savings account bonuses, and more. To help you even more, we’ve also included any expiration dates that we could find.

Like anything else, it’s important to read through all of the official terms, conditions, and qualifications before signing up for any new accounts. Also, keep in mind that some offers are only available in certain states.

Enjoy!

Chase Total Checking Account: $200 Bonus

Chase offers some of the best bank promotions on the market. One of the best is their Chase Total Checking account bonus. Open an account and set up direct deposit within 60 days and you can earn $200.

Accounts can be opened with as little as a $25 deposit. It’s one of the easiest bank bonuses around but isn’t available to existing Chase checking customers.

You can open an account online here.

Expires: 04/14/2021

Chase College Checking: $100 Bonus

If you are a college student between the ages of 17 and 24, you can earn a $100 bonus through this Chase Bank promotion. All you have to do is:

• Open a checking account
• Enroll in paperless statements
• Complete 10 qualifying transactions within 60 days of opening your account

There’s no monthly service fee for college students from the time of account opening until after their expected graduation date (up to five years).

You can open an account online or print a coupon and take it to a Chase branch.

Expires: For a limited time

Axos Bank $100 Business Checking Bonus

New business owners can earn a $100 bank bonus from Axos. Just open a business bank account and Enter Promo Code NEWBIZ100 on the application to claim your bonus. The bonus is only available for businesses incorporated after June 1, 2020. 

Opening an Axos Basic Business Checking account requires a $1,000 minimum deposit and gives you access to fee-free ATMs worldwide, your first 50 checks free with no monthly fees. 

You’ll also need to keep an average daily balance of at least $2,500 for the first two months from account opening to earn the bonus.

You can open an account online here.

Expires: 3/31/2021

Citi $300 Checking Bonus

Citibank is known for offering great bank bonuses to new customers. You can earn a $300 bonus for a Citibank Account Package. Here’s what you need to do: 

• Open a new checking and savings account in the Citibank Account Package
• Deposit $15,000 of new funds between the two accounts within 30 days
• Maintain a minimum balance of $15,000 between the two accounts for 60 consecutive calendar days

Expires: 4/1/2021

Citi $700 Checking Bonus

For even more bonus money from Citibank, check out this $700 bank bonus offer. To earn the bonus: 

• Open a new checking and savings account in the Citi Priority Account Package
• Deposit $50,000 of new funds between the two accounts within 30 days
• Maintain a minimum balance of $50,000 between the two accounts for 60 consecutive calendar days

Expires: 4/1/2021

Huntington Bank $150 Checking Bonus

Huntington Bank is offering a $150 bank bonus for opening an Asterisk-Free Checking account. To qualify: 

• Open a Huntington Asterisk-Free Checking account
• Deposit at least $1,000 in new funds with 60 days 
• Keep your account open for 90 days

Expires: 4/7/2021

Huntington Bank $200 Checking Bonus

You can also earn a $200 bank bonus when you open a Huntington 5 Checking account. To qualify for this Huntington Bank bonus: 

• Open a Huntington 5 Checking account
• Deposit at least $1,000 in new funds with 60 days 
• Keep your account open for 90 days

Expires: 4/7/2021

Huntington Bank $500 Checking Bonus

Huntington Bank offers an even larger checking account bonus if you open a Huntington 25 Checking account. Here’s how to qualify for the $500 Huntington Bank bonus: 

• Open a Huntington 25 Checking account
• Deposit at least $15,000 in new funds with 60 days 
• Keep your account open for 90 days

Expires: 4/7/2021

PNC $200 Business Checking Bonus

PNC Bank is another popular bank that frequently offers bank bonuses. Right now, you can earn a $200 cash bonus when you open a qualifying PNC business checking account. All you had to do to earn the bonus is:

• Open a qualifying Business Checking or Business Checking Plus account
• Maintain a balance of $5,000 for the first three statement cycles
• Make 20 total qualifying debit card transactions within the first three statement cycles

Expires: 3/31/2021

PNC $500 Business Checking Bonus

PNC Bank is also offering a $500 bonus when you open a qualifying business checking account. Here’s how to qualify for the $500 bonus: 

• Open a qualifying Treasury Enterprise Plan or Analysis Business Checking account 
• Maintain a balance of $30,000 for each of the first three statement cycles

Expires: 3/31/2021

TD Bank $200 Savings Bonus

TD Bank has a great bonus offer to check out. They are offering new customers a $200 bonus for opening a TD Beyond Savings or TD Simple Savings account. To qualify:

• Open a TD Beyond Savings or TD Simple Savings account
• Deposit $20,000 or more in new funds within 20 days 
• Maintain a balance of at least $20,000 for 90 days

Expires: 3/31/2021

TD $150 Checking Bonus

TD Bank has another great bonus offer to check out, and it’s really simple to earn. You can earn a $150 bonus for opening a TD Convenience Checking account. To qualify for the bonus: 

• Open a TD Convenience Checking account
• Have at least $500 in direct deposits within 60 days

Expires: 3/31/2021

TD $300 Checking Bonus 

Not to be outdone, you can also earn a $300 bonus from TD Bank for opening a TD Beyond Checking Account. To qualify: 

• Open a TD Beyond Checking account
• Have at least $2,500 in direct deposits within 60 days

Expires: 3/31/2021

Marcus $100 Savings Bonus

Marcus by Goldman Sachs® is quickly establishing itself as one of the top online banks. Right now, you can earn a $100 bonus when you open an Online Savings account with Marcus. Here’s how to qualify for the bonus: 

• Open a Marcus Online Savings account or have an existing account
• Deposit $10,000 or more in new funds within ten days of enrollment
• Maintain those funds plus your current balance for 90 days

Expires: 2/12/2021

Alliant Credit Union $100 Savings Bonus

Credit unions also offer good bank bonuses from time to time. Alliant Credit Union is offering a $100 bank bonus when you open “The Ultimate Opportunity Savings Account.” The bonus is reserved for new Alliant customers only. Here’s how to earn the bonus: 

• Open The Ultimate Opportunity Savings Account
• Deposit at least $100 a month for 12 consecutive months 

Note that you must meet eligibility requirements to become a member of the Alliant Credit Union, but almost anyone can qualify. 

Expires: 3/31/2021

City National Bank $200 Checking Bonus

City National Bank is offering a $200 bank bonus for opening a new checking account. The bank was ranked # 1 in customer satisfaction two years in a row by J.D. Power and Associates. To qualify for the bank bonus you must: 

• Open a qualifying City National Bank checking account
• Set up a recurring direct deposit of at least $200
• The offer is only available in Virginia and Lexington, Kentucky markets 

Expires: Limited time offer

FirstBank $300 Checking Bonus

Right now, new customers to FirstBank can earn a $300 bank bonus when they open a FirstBank Anywhere Checking Account. FirstBank is one of the largest privately held banks in the US, with branches in Colorado, Arizona, and California. Qualifying for the bank bonus is relatively simple: 

• Open a new personal checking account
• Enroll in online banking
• Have at least one qualifying $500 direct deposit for three consecutive months 

Expires: 3/3/2021

M&T Bank $250 Checking Bonus

Earn up to a $250 bonus with M&T Bank by opening a new checking account. Here’s what you need to do: 

• Open an M&T Bank personal checking account 
• Have qualifying direct deposits totaling at least $500 in the first 90 days 

Expires: 4/5/2021

South State Bank $200 Checking Bonus

You can earn a $200 bank bonus when you open a checking account at South State Bank. You’ll need to meet the following requirements in the first 60 days to earn the bonus:

• Open a South State Bank personal checking account using promo code EARN200
• Make a minimum of 15 debit card purchases within 60 days
• Have a monthly total of $250 qualifying direct deposit OR preauthorized automatic draft(s) of $25

Expires: 3/31/2020

Santander Bank $400 Checking Bonus 

Santander Bank is offering a huge bank bonus right now. You can earn a $400 bonus when you open a checking account with Santander. Here’s how to qualify: 

• Open an eligible Santander checking account
• Have direct deposits totaling $4,000 in the first 90 days 

You must keep your account open for at least 90 days including at the time of bonus payment. 

Expires: 3/31/2021

Service Credit Union $100 Checking Bonus

Another credit union offering a bank bonus is Service Credit Union. Right now, Service Credit Union members who open a qualifying checking account can earn a $100 bonus. 

$50 is deposited when you open the account. You’ll earn the other $50 after you complete 10 debit card transactions in the first 30 days. The bonus is limited to new residents of New Hampshire or Falmouth, Massachusetts. 

You can open an account online here. 

Expires: Limited time offer

Sunflower Bank $200 Checking Bonus

Sunflower Bank is offering a $200 bonus when you open your first personal checking account at any Sunflower Bank or First National 1870 location. To qualify fo the bonus, you need to: 

• Open a new Sunflower Bank personal checking account 
• Complete 25 or more debit card transactions 
• Have combined ACH credits and debits totaling $500 or more before April 30, 2021 

Expires: 3/31/2021

Best Bank Bonuses: Final Thoughts

If you’re looking to make some quick cash, taking advantage of the best bank promotions are an easy way to do it! Bonuses can be lucrative if you have the cash to spare, but even smaller balances can still get you some dough.

Have you taken advantage of a bank promotion before? Let us know in the comments!