If you’re looking to open a new bank account then why not get paid to open one up. I’m going to go over the top 10 banks that actually provide you with a bonus just to open a new checking account.
- Sofi Banking
Now Sofi has a bunch of different services including banking. They are like the Amazon of personal finance. So it’s a no brainer that they would land in at number 1 on my list of banks that provide a bonus to switch over or open a new account. They are offering a $300 bonus to open a checking account and set up direct deposit. Word of advice make sure that the very first deposit that hits your account is over $200. Thats the only way you will get paid the bonus.
2. Chase Total Checking
Chase is one of those banks that’s been around for years. I think my Mom used to work for them so you know they’ve been around for a minute.
They are offering $200 to open an account if you set up direct deposit within 90 days of opening the account. The account does have a service fee charge. You will be paying $12 a month if you don’t have at least a $500 deposit monthly through a ACH.
3. Axos Bank
This is another great bank that will give you $300 just to sign up with them. They have some awesome rewards like get unlimited reimbursements from any domestic ATM. No monthly maintenance fees and no need to keep a minimum balance to avoid fees. No overdraft or non sufficient fund fees and only $50 to open an account.
4. Varo Bank Account
Varo is also one of my favorite banks on this list. They offer a bonus to sign up but only through my link I believe right now its $35 but this amount varies depending on the time of year you sign up.
5. Fifth Third Bank account
Now this bank is offering $375 per new account that signs up before Sept 30th. So you might want to make sure you sign up soon. Don’t delay.
6. BMO Harris
A $300 bonus applies to the Smart Advantage Account and requires a minimum $4,000 in direct deposits within the first 90 days. Qualifying direct deposits include payroll, pension, Social Security or other government payments.
One checking account bonus is permitted per customer.Accounts must be opened June 4-Sept. 30 2023. A form on the BMO Harris website must be completed to receive a promotional code, which is required to receive either bonus.
7. TD Bank
Headquarters located in Cherry Hill. New customers can earn $300 by opening a TD Bank Beyond Checking account or $200 by opening a TD Convenience Checking account from June 14 to Oct. 31.
Offer is valid for new checking customers who haven’t had a checking account with TD Bank in the past 12 months. Customers who previously received a checking bonus are ineligible for the offer.
For the $200 Convenience Checking bonus, a qualifying direct deposit of at least $500 during the first 60 days is required.For the Beyond Checking account bonus a qualifying direct deposit of at least $2,500 during the first 60 days is required.
8. Huntington National Bank
Huntington Bank has two checking account bonuses available for both consumers and business owners. Through Oct. 7 you can earn$200 for opening a Perks checking account and making a cumulative deposit of at least $1,000 within 60 days of the account opening. $300 for opening a Platinum Perks Checking account and making at least $25,000 in cumulative deposits within 60 days of the account opening.
These offers are valid only for residents of Colorado, Illinois, Indiana, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, South Dakota, West Virginia and Wisconsin.
9. PNC Bank
They have a bonus for business accounts between $200 – $500. Opening a new PNC business checking account, business checking plus account, analysis business checking account or treasury enterprise plan can help your business earn a bonus.Maintain an average ledger balance of at least $5,000 during all of the first three statement cycles.
Complete 20 or more qualifying debit card purchases during the first three statement periods. Getting a new analysis business checking account or treasury enterprise plan can earn you a $500 bonus if you maintain an average ledger balance of $30,000 during your first three statement periods.New business checking accounts must be opened July 1-Sept. 30 to qualify for a bonus.
10. HSBC
HSBC has a great limited-time offer for new Premier Checking customers. Get a $500 Welcome Deposit for eligible new customers who open a new HSBC Premier checking account and complete the following qualifying activities.
Open your new HSBC Premier checking account online by Feb. 15, 2023, using the link below, and: Make recurring monthly Qualifying Direct Deposits totaling at least $10,000 from a third party to your HSBC Premier checking account(s) for three consecutive calendar months from the second full calendar month after account opening. You will automatically receive the $500 welcome Deposit in your new
HSBC Premier checking account approximately eight weeks after completing all qualifying activities. It’s that simple.