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: 1/18/2021
Chase Premier Plus Checking: $300 Bonus
Here’s another checking account bonus worth $300 from Chase: Open a Chase Premier Plus Checking account and make your first direct deposit into this account within 90 days. There’s a $25 minimum to open an account and a $15,000 average daily minimum balance required to avoid the $25 monthly service fee.
You can open an account online here.
Expires: 1/20/2021
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
Chase Total Business Checking: $300 Bonus
If you are interested in opening a new business checking account, you can earn a $300 bonus by getting started with Chase Total Business Checking.
Just request an offer code by email, open an account, deposit a total of $1,000 in new money within 20 business days of account opening, maintain that balance for 60 days, and complete 5 qualifying transactions within 60 days. Qualifying transactions include debit card purchases, Chase QuickDeposit, ACH credits, and wires (credits and debits).
Expired: 10/09/2020
Citi Basic Banking Package: $200 Bonus
Citibank also offers some great bank account bonuses to new customers. You can earn a $200 bonus for a Citi Basic Banking Package checking account. All you have to do is:
- Open a new checking account in the Basic Banking Package
- Deposit $5,000 in new funds into the new checking account within 30 days
- Maintain a minimum balance of $5,000 for 60 consecutive calendar days
Expires: 1/5/2021
Citi Account Package: Up to $400 Bonus
When it comes to the best bank promotions, this one deserves some consideration. Citibank offers a $500 bonus for opening both a new checking and savings account.
To get the $400 bonus:
- Open a new checking and savings account in the Citibank Account Package
- Deposit $15,000 in new funds between the new checking and savings accounts within 30 days
- Maintain a minimum balance of $15,000 between the checking and savings accounts for 60 consecutive calendar days
Expires: 1/5/2021
Citi Priority Account Package: $700 Bonus
As one of the best bank bonuses offered by Citibank, this one requires a much larger initial deposit. To earn the $700 bonus:
- Open new checking and savings account in the Citi Priority Account Package
- Deposit $50,000 in new funds between the new checking and savings accounts within 30 days
- Maintain a minimum balance of $50,000 between the checking and savings accounts for 60 consecutive calendar days
Expires: 1/5/2021
HSBC Advance Checking: $240 Bonus
HSBC is offering a 3% bonus (up to $240) for opening an Advance Checking account online. This is for new HSBC customers only. To qualify:
- Set up recurring qualifying direct deposits from a third party at least once per calendar month for 6 consecutive calendar months
Expires: 1/7/2021
HSBC Premier Checking: $450 Bonus
HSBC offers an even larger checking account bonus if you open a Premier checking account online. The bonus is $450, but it requires a hefty 5K in recurring direct deposits each month. This is for new HSBC customers only. In order to qualify:
- Open a new HSBC Premier checking account online
- Make recurring deposits totaling at least $5,000 per month
- Receive these monthly direct deposits into your checking account for 3 consecutive calendar months
Expires: 1/7/2021
Bank of America Advantage Banking: $100 Bonus
Bank of America has nice promotions for new customers, too. You can earn a $100 bonus by opening a new Bank of America Advantage Banking account. This offer is only for customers who don’t have a Bank of America personal account yet. After opening an account, just set up and receive at least two qualifying direct deposits of $250 or more each. This must be done within the first 90 days of opening your new checking account.
Expires: 12/31/2020
TD Bank Beyond Checking Account: $300 Bonus
TD Bank has a great bonus offer to check out, and it’s really simple. They are offering new customers a $300 bonus for opening a TD Beyond Checking Account. In order to qualify:
- Open a TD Beyond Checking Account
- Receive direct deposits of $2,500 or more within 60 days of opening your account
Limited Time Offer
TD Bank Convenience Checking: $150 Bonus
If the above offer doesn’t work for you, you can still get a checking account bonus of $150 from TD Bank. This offer is for new TD Bank customers only. In order to qualify:
- Open a TD Convenience Checking account
- Receive direct deposits of $500 or more within 60 days of opening your account
Limited Time Offer
Suntrust Advantage Checking: $500 Bonus
Earn a huge $500 bonus with Suntrust’s Advantage Checking account as a new customer:
- Open a new account with the promo code: Q420ADVANTAGE
- Deposit $3,000 in direct deposits per statement cycle for two consecutive statement cycles within the first three months
Expires: 1/4/2021
BMO Harris Bank: $200 Bonus
BMO Harris Bank offers some nice promotions. Right now, they are offering $200 when you open a new BMO Harris Smart Money, BMO Harris Smart Advantage, or BMO Harris Premier account. You can open an account with as little as $25.
In order to qualify, you’ll need to do the following within 120 days of opening the account:
- You must have a total of at least $6,000 in qualifying direct deposits
- Enroll in BMO Digital Banking and set up paperless statements
- Make at least 20 debit card purchases
Expired
BMO Harris Bank Business Checking: $200-$500 Bonus
BMO Harris Bank currently offers up to $500 when you open a new BMO business checking account. In order to qualify for the $200 bonus, you’ll need to do the following:
- Open a BMO Harris Bank business checking account with the printed coupon from their page in a branch office
- Deposit at least $1,500 within 30 days of account opening
- Maintain a minimum of $1,500 in the account for 90 days
- Have at least 10 electronic transactions post to the account within 90 days of account opening
For the $500 bonus, you must deposit at least $5,000 within 30 days of account opening and maintain that as your minimum balance for at least 90 days and meet the other requirements listed above.
1/31/2021
PNC Checking: $200 Bonus
Enjoy a $200 checking account bonus with this PNC Bank promotion for new accounts. To qualify for a $200 bonus:
- Open a new Virtual Wallet with Performance Spend
- Have direct deposits totaling $2,000 total or more to your new account within 60 days
Expires: 11/30/2020
Huntington Asterisk-Free Checking: $150 Bonus
A promotion from Huntington Bank can earn you a $150 bonus. This account is free to open and free to maintain. There’s no minimum balance requirement and no monthly fees.
In order to earn this bonus, you’ll need to:
- Open a new Asterisk-Free Checking account
- Deposit at least $1,000 in new money within the first 60 days
Huntington Bank will deposit $150 into your account after it’s been open for 90 days.
Expires: 1/7/2021
Huntington 5 Checking: $200 Bonus
A different Huntington Bank promotion offers a $200 bonus for new checking account customers. This account earns interest and includes 5 non-Huntington Bank ATM withdrawals each month. To earn the bonus, you’ll need to:
- Open a new Huntington 5 Checking account
- Deposit at least $1,000 in new money within the first 60 days
Huntington Bank will deposit $200 into your account after it’s been open for 90 days.
Expires: 1/7/2021
Fifth Third Bank Checking: $250 Bonus
Fifth Third Bank has a sweet deal to earn a $250 bonus, and it’s one of the easiest ones to get on this list. To qualify for the bonus:
- Head to the site below and get an offer code by email
- Open a Fifth Third Bank Checking Account
- Make direct deposits totaling $2,000 or more within 60 days
- Account must be funded within 45 days of account opening
- The money will be deposited into your account within 10 business days of meeting the requirement
Expires: 12/31/2020
Wells Fargo Checking: $400 Bonus
Wells Fargo is offering a $400 bonus for opening an Everyday Checking account. In order to take advantage of this deal you need to:
- Open a new Everyday Checking account online through the below link only or in a qualifying branch. The minimum deposit is $25. There is an approval process for all accounts.
- Receive $4,000 or more in qualifying direct deposits to the checking account within 90 days.
This deal is exclusive to Everyday Checking accounts and is for new checking customers only.
You can’t earn the bonus if you already have a Wells Fargo checking account or have already received a bonus in the last 12 months. Open a new account here.
Expired
Wells Fargo Business Checking: $1,000 Bonus
If you live near a Wells Fargo Branch and want to open a business checking account, this is the biggest bank promotion on our list. Wells Fargo has been known to offer a $1,000 business checking account bonus! It’s not available online, only in person at a Wells Fargo branch.
To qualify:
- Open a new Wells Fargo Platinum Business Checking or Analyzed Checking Account. The minimum opening deposit is $25
- Deposit $25,000 or more into the new business checking account within 10 days of opening
- Have a $25,000 minimum balance in your account on Day 180
- Make 10 or more qualifying transactions by Day 180
This deal is for new business checking customers only. You can’t earn the bonus if you already have a Wells Fargo checking account or have already received a bonus in the last 12 months. Check with your local Wells Fargo branch for current details and availability.
Expires: Limited Time Offer
BBVA Online Checking and Savings: Up to $250 Bonus
Here’s a great bonus to help grab some extra cash! BBVA Bank is offering up to $250 in bonus money when you open new Online Checking account and meet minimum requirements.
To grab your bonus, simply open a BBVA Online Checking account for up to a $200 bonus. You’ll need to receive a qualifying direct deposit of $500 or more by October 31, 2020. Add an Online Savings account and get another $50 bonus when you have a savings balance of at least $1,000 on October 31, 2020. That will net you a cool $250!
Get up to $250 in bonus money here.
Expires: Limited Time Offer
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!