Unless you are eyeing one of the best bank account bonuses that could help pad your new account, you will never want to switch to another bank.
You are missing out on some very attractive checking and savings account offers if you stay with one bank your whole life. It is possible to find the best account for your needs by doing a little research on other banks. You could get generous cash bonuses if you opened a checking or savings account. You don’t have to make long-term commitments to take advantage of these offers, it’s a great way to start building your savings.
Whether you’re interested in what the best checking account offers are, or what rewards you could get for opening a new savings account – read on, because, in this post, I’m sharing the ultimate best bank account bonus offers right now.
Best Bank Promotions & Bonus Offers of March 2023
Here are the best bank bonuses available right now:
- U.S. Bank: $300 bonus
- Chase Total Checking: Up to $200 bonus
- Citi Priority: $2,000 bonus
- Fifth Third Bank: $275 bonus
- TD Bank: $300 bonus
- Wells Fargo Bank: $200 bonus
- Discover: $200 bonus
- HSBC Bank: $500 bonus
- Bank of America: $100 bonus
- Capital One Referral Offers: Up to $100 bonus
1. U.S. Bank Smartly™ Checking – $600 Bonus
Up to a $300 sign-up bonus can be earned with the U.S. You can earn 5% cash back on the first $2,000 you spend on the Bank Cash+ Visa Signature® Card. Bank Smartly™ Checking account and a Standard Savings account.
$200 when you open a new account and make 2 or more direct deposits of $5,000 or more in the first 90 days from account opening is the bonus. You have to maintain a minimum daily balance of $5,000 in order to get this bonus. You have to enroll in the online banking app. You can begin to take advantage of online banking features once you enroll. Bank mobile app.
You can earn an additional $100 when you open a new Standard Savings account, complete a deposit of $15,000 or more, and maintain a total account balance of $15,000 until June 30, 2023.
U.S. This one is comparable to previous ones, so take advantage of it while you can.
You need to live in a state with a branch to qualify. Before applying for a position, you should research the company and its offerings. This offer is only available to residents in the following states: AZ, AR, CA, CO, ID, IL, IN, IA, KS, KY, MN, MO, MT, NE, NV, NM, NC, ND, OH, OR, SD, TN, UT, WA, WI, WY
2. Chase Total Checking – $200 Bonus
New customers who open a You can get a $200 sign-up bonus when you set up direct deposit within 90 days. It’s easy to manage your finances when you access your account online.
If you know how to play by the rules, you can avoid paying the monthly service fee. The monthly service fee can be avoided if you maintain a certain balance in your account or complete a number of transactions each month. With Chase Total Checking account, either receive direct deposits totaling $500 per monthly statement period, maintain a balance of $1,500 or more at the beginning of each day or an average beginning day balance of $5,000 in any combination of this account as well as linked Chase checking, savings, or other balances, You can avoid the monthly fee by using your Chase debit card for purchases or payments with a minimum of 10 transactions per statement period.
How To Qualify:
Open a Chase will give you a $200 bonus if you set up a direct deposit. You will receive your bonus once you have opened your Chase Total Checking account and set up the direct deposit. Sounds great, right? I can’t wait to start!
3. Citi Priority – $500 Bonus (up to $2,000)
New customers who open a You can get a $2,000 sign-up bonus if you deposit new money within 20 days.
You will need to maintain that balance for 60 days after the account was opened.
A tiered bonus is based on how much you can deposit and maintain in your new account. $10,000 in new funds will earn you $200, $30,000 in new funds will earn you $500, $75,000 in new funds will earn you $1,000, $200,000 in new funds will earn you $1,500, and $300,000+ will earn you $2,000. You can maximize your earnings by investing $300,000 or more.
How To Qualify:
Open a You can get a bonus of up to $2,000 if you deposit new money into the priority account. This bonus is only available for a short time, so act quickly to take advantage of it. Sounds great, right? I can’t wait to start!
4. Fifth Third Bank Momentum Checking – $275 Bonus
You can earn a sign-up bonus of up to $275 if you open a Fifth Third account and make at least $500 in direct deposits within 90 days. You can take advantage of other perks such as free online banking and mobile banking.
There is a link to get your personalized promo code. You will be ready to take advantage of the special offer once you have your code.
Fifth Third isn’t known for giving a lot of bonuses, so take advantage of it while you can. This offer may not be available for a long time.
You need to live in a state with a branch to qualify. It is advisable to research the eligibility requirements of the bank you are applying to as they may vary from state to state. This is limited to: FL, GA, IL, IN, KY, MI, NC, OH, SC, TN, and WV
How To Qualify:
If you deposit at least $25 into your new account, you will receive at least $500 worth of deposits within 90 days. Your account will be eligible for the promotional offer once you have met these criteria.
5. TD Bank Beyond Checking – $300 Bonus
You can earn a $300 sign-up bonus with the TD Beyond Checking account when you open a new account and make $2,500 in direct deposits in the 60 days from account opening.
There are approximately 1,300 free ATMs in the U.S. with TD Bank. You can use any ATM in the U.S. and the bank will reimburse you for the fee. If you maintain a minimum daily balance of $2,500, you will be reimbursed fees from other ATMs.
If you set up a monthly direct deposit of $5,000 or more, or maintain a daily balance of $2,500 or more, you can go fee-free. If you are under 25 years old, you can waive the fee.
With TD Bank, you’ll also earn interest on your checking account. It may be small, but it still means your money is growing. If the amount you deposit into your account is large, it could add up. You could see an increase in your savings balance over time.
TD Bank often offers very attractive combined bonuses, too – for example, previously you could get up to $500 for opening a TD Beyond Checking account and a There is a preferred savings account. You should keep an eye out for new combo deals because the offer ended in August. If you keep an eye out for the next great offer, you could save even more money.
How To Qualify:
If you deposit $25 into your new account, you will receive at least $2,500 worth of deposits within 60 days.
6. Wells Fargo Everyday Checking – $200 Bonus
If you open a new consumer checking account at Wells Fargo, you’ll get a $200 bonus. Don’t wait to take advantage of this offer, it’s only available for a short time.
If you prefer an online experience over visiting a bank branch, the account can be opened online in a few easy steps. The online process is secure and your details will be kept safe.
The account does come with a $10 monthly service fee, which can be avoided if you meet any of the following requirements:
- Qualifying direct deposits totaling $500
- Have a $500 minimum daily balance
- Have a linked Wells Fargo Campus Debit Card or Campus ATM
- Must be 17 to 24 years old
How To Qualify:
To qualify for the Wells Fargo Bonus Offer, you will need to open an account with at least $25. You will need to receive a total of $1,000 or more in direct deposits within 90 days of opening your account. You will be able to enjoy the benefits of your new account once you have met the requirements.
7. Discover Online Savings Account – $200 Bonus
One of the best online banks is Discover. It has a wide range of services that are user-friendly. The Discover Online Savings account is a great place to put your money since it is a national bank. You will have access to 60,000 ATMs. You can use your card to make purchases all over the world. This account has an interest rate of 3.50%. Right away, you can earn interest on your deposits.
Signing up and completing the offer requirements will get you a $200 bonus.
How To Qualify:
You have 30 days to transfer a minimum of $15,000 in new money to earn $150 or $25,000.
8. HSBC Premier Checking – $500 Bonus
You can get up to a $500 welcome bonus if you become a customer of HSBC. Don’t miss out on this great opportunity because it’s only available for a limited time. HSBC is offering excellent cash bonuses for opening an HSBC Premier Checking account before February 15, 2023.
You can earn $500 if you open an HSBC Premier Checking account and complete recurring Direct Deposits of at least $10,000 from a third party for 3 consecutive months from the second month of account opening. You can get some extra cash by managing your finances well.
You will get your bonus eight weeks after completing these activities. The bonus is contingent on successfully completing the required activities.
This account comes with no foreign transaction fees and no ATM fees, but a monthly fee may apply if you don’t meet the requirements above, so before you apply for one of these accounts, make sure you can meet them. You can waive the monthly fee if you maintain a certain balance or use direct deposit.
How To Qualify:
To qualify for the HSBC Premier Checking bonus, you must make recurring Direct Deposits of at least $10,000 from a third party to the account for 3 consecutive months from the second month of account opening. During the 3-month period, customers will receive a $700 bonus.
9. Bank of America – $100 Bonus
If you’re looking for a no-fuss way to qualify for a sign-up bonus, Bank of America offers just that.
Open a new checking account by December 31, 2022, and set up + receive at least two qualifying direct deposits of $1,000 within the first 90 days of account opening. The $100 bonus is yours. CONGRATULATIONS! You did it!
If you already have a checking account with the bank, you won’t be eligible for the offer. Existing customers may want to apply for a different type of account to take advantage of this offer.
How To Qualify:
To qualify, open a Bank of America Advantage Banking account by December 31, 2022, and set up and receive two or more qualifying direct deposits of $250 or more within the first 90 days of account opening
10. Capital One Bonus Offers – Up to $100 Bonus (expired)
Capital One offers sweet cash bonuses to new customers that open one of the accounts below:
- Earn up to a $100 bonus for opening a Capital One 360 Performance Savings Account – and depositing money into it. If you deposit less than $250 into your new savings account, you’ll get a $25 bonus, but if you deposit $10,000 or more, you’ll get a $100 bonus. Save for a brighter future by taking advantage of this offer.
- Get a $25 bonus for opening a Capital One 360 Checking Account with a minimum deposit of $250. You will need to make at least three debit card purchases within 45 days of opening your account. You can earn a higher reward rate with additional purchases. On day 50, your bonus will be transferred to your account.
Although you will need to move some money around to qualify for the bonuses, these accounts have no maintenance fees or minimums. It’s a great choice if you want to make the most of your money without having to jump through a lot of hoops.
It is not possible to open both accounts and get a $125 bonus according to the T&Cs, which is a shame. It’s worth taking note of this so you don’t waste time.
How to Qualify:
To receive this bonus, open a new 360 Performance Savings account and deposit $250 or more into your new account ($10,000 or more if you’re after the big bucks!) or open a 360 checking account and deposit $25 or more and make at least three debit card purchases
How to Choose the Best Bank Promotion For You
Checking and savings account offers aside, the bank you choose should tick more than just the new account bonus box.
There are so many options to choose from that finding the one bank that is the absolute best option for your financial needs is becoming more difficult.
It is not impossible. Anything is possible with determination and hard work. Do your research and look beyond the sign-up bonus. It’s important to read the terms and conditions carefully before committing to a credit card. Make sure you qualify for the bonus. To understand what’s required to earn the bonus, you should read through all of the terms and conditions. The direct deposit requirements can be high. It can be difficult for some people to use direct deposit services.
Excellent interest rates, no monthly maintenance fees, and quick and free access to thousands of ATMs are just some of the things you can get excited about when you switch banks. Cash bonuses are offered by many banks when you open a new account, making the switch even more rewarding.
Think about what’s important to you:
- Is it possible to bank on the go with a top-rated app?
- Is it possible to speak to a representative face-to-face? This feature gives customers a sense of security when they need help.
- You’d like to only use one financial institution for all your financial needs – such as a checking account, a savings account, and perhaps even investments?
- Are you looking for a bank with ATMs everywhere you go? Do you prefer a bank with online and mobile banking?
Thinking about the features that are important to you will help make sure you pick the bank provider that’s right for you. That way, you will be making sure that the work you put in earns you not just the bonus, but also a solid banking experience in the long run.
Online Banks and Credit Unions
National banks may be the best option for a bank. More and more online banks have personal checking accounts which could give an online bank the muscle you need in an everyday bank.
High-yield savings accounts and money market accounts can be found at online banks. Those looking for a convenient and secure way to manage their finances can use online banking.
Finding an ATM will be harder with most online-only banks, but several banks reimburse ATM fees when you need to use another bank’s machine. You need to find out how many reimbursements you can get.
People who use online banks like to have their accounts at a local bank or credit union. In-person customer service may not be available at the online bank. It’s possible to connect your local and online banks. You could save time and money by taking advantage of this system.
You can make a cash deposit at your local bank or credit union and then transfer the money into your online savings account. You could also use a mobile app like Venmo to send money from your checking account into your online savings account.
It’s important that any bank has FDIC protections in place. Before making a decision, it is important to research the bank’s reputation and customer service.
Didn’t See a Bonus Offer For You? These Banks Run Frequent Bonuses
Not all of these banks run bank offers all the time, so they may not appear on my list above right now. You should always check back to see what offers are available.
But if you’d like to shop for bonuses before opening a deposit account, you may be able to find bonuses with these banks:
- CIT Bank Promotions – You can get the CD laddering at this online bank. The online bank offers competitive interest rates.
- Citibank Promotions – A huge financial institution with branches and ATMs is not connected to CIT Bank. A variety of innovative banking and financial services can be accessed online or through their mobile app. The account promotion is called the Citi Priority Account Package. The Citi Priority Account Package account promotion gives you exclusive access to benefits and rewards.
- Chase Bank Promotions – A full-service bank with branches and ATMs. Convenient access to banking services is provided by the bank.
- US Bank Promotions – The 5th largest bank in the US is US Bank. US Bank offers a wide range of financial services, from checking and savings accounts to credit cards and mortgages.
- Bank of America Promotions – DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch Customers can save money with these promotions and perks.
- TD Bank Promotions – A nice sign-up bonus can be found in checking and savings accounts. This bonus can be used to jumpstart your savings or pay for an unforeseen expense.
- PNC Bank – Virtual wallet was the pioneer of online banking. It was one of the first products to combine the convenience of online banking with budgeting tools. Look for bonuses when you open a Performance Spend or Performance Select is a checking account. Performance Select is an ideal choice if you are looking for a checking account with higher rewards.
- The Huntington 5 checking offers come up occasionally. Anyone can open an account, but the bank’s footprint is limited to states like Illinois, Michigan, Ohio, and Pennsylvania. Residents of these states and beyond can use accounts to manage their finances.
- (Truist) SunTrust – In Florida, Texas, and other Sun Belt states, another bank has a regional footprint. The Western states have a strong presence in this bank. There are bonus offers in the Essential Checking Account. Customers receive additional benefits and perks from these offers. They merged to become Truist. The merger of two of the largest banks in the U.S. creates a financial powerhouse that will provide even more services to customers.
- American Express – It is more than just a credit card. It can help make your life easier. American Express Bank can be used for online savings.
- Discover Bank – A solid online bank is another staple of the credit card industry. Many online banks offer other financial services such as loans and savings accounts.
- Fifth Third Bank is great for business checking accounts. Fifth Third Bank is an ideal choice for business checking accounts because of its competitive rates and convenient services.
- There are online and in-person options in Illinois, Indiana, Arizona, Missouri, Minnesota, Kansas, Florida, and Wisconsin.
- Chime is a simple option. Chime is the perfect choice for the modern consumer because it provides an easy and secure way to manage their money.
- Ally is full-service but online. At Ally, we offer an array of online services to make your banking experience easier and more convenient.
- Citizens Bank – Private student loans are also an East Coast option. Many East Coast universities are known for their strong financial aid packages and flexible repayment plans, making them an ideal option for those seeking private student loans.
