Based on the list above, many banks offer a sign-up bonus with direct deposit. Banks ranging from large national banks to online banks and even local credit unions may provide a sign-up bonus with a minimum deposit requirement, but no direct deposit. Receive 300 for qualifying direct deposits of 5,000 or more. Although the idea of getting paid to open a new bank account is attractive, qualifying for a bank bonus isn’t always a sufficient reason—on its own—to switch banks. To find out if it’s worth it for you, review any fine print attached to the bonus offer. Also, consider that you’ll have to maintain the account long enough to collect the bonus.

  • The bonus will be deposited into your account within 15 days after the 10 qualifying transactions have posted.
  • We don’t recommend this strategy either because the penalties charged will take away from the bonus earned.
  • The bonus has three tiers, with each tier has a different required direct deposit but the offer page will have all the details you need.
  • At Bankrate, we take the accuracy of our content seriously.

No maintenance fees if you opt for eStatements, so you’ll definitely want to do that. If you had a 360 Checking account with Capital One on or after January 1, 2022, you are ineligible. This is only available to new customers and you can only get one new account-related gift incentive each calendar year. Valid for customers in their service area, which includes Ohio, Indiana, Kentucky, Michigan, North Carolina, Florida, Georgia, Tennessee, South Carolina, West Virginia, and Illinois. Also, the accounts have different fee structures so double-check what you need to do to avoid those.

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Earn up to a 3,000 bonus when you open a new Chase Private Client Checking account and complete qualifying activities read this article within 45 days of enrollment. The cash will appear in your account within 15 days after you complete the qualifying transactions, Chase says. The cash will appear in your account within 15 days after you complete the qualifying transactions.

Alliant Credit Union: 100 Bonus After A Year

You can open an account online with a coupon code or by visiting a Chase branch and bringing the coupon code with you. Expires July 24, 2024, and is only available to new Chase customers. First, use the offer code TWA200CIS when applying for the new account online.

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If you’re looking for a new checking account, here’s how Axos stacks up to other banks. The editorial content on this page is based solely on objective, independent assessments by our writers and is not influenced by advertising or partnerships. It has not been provided or commissioned by any third party. However, we may receive compensation when you click on links to products or services offered by our partners. Generally, it’s better to go with a bank offering a higher APY than a higher bonus. A bonus is a one-time event, while banks offering competitive APYs are more likely to continue offering above-average interest for your savings .

Depending on the financial institution, opening a bank account can take anywhere from a few minutes to several days. Our ratings are calculated based on fees, rates, rewards and other category-specific attributes. Our editors are committed to bringing you unbiased ratings and information.

Best Bank Account Bonuses

Axos Bank Rewards Checking review External link Arrow An arrow icon, indicating this redirects the user.” Maintain an average ledger balance of at least 5,000 during all of the first three statement cycles. Open a Chase Total Checking, Chase College Checking account or another eligible account. Wells Fargo earned 3.6 out of 5 stars in Bankate’s review.

This makes them an easy way to earn enough travel points for a vacation or cash rewards to add to your savings. This offer is only available to residents of Arizona, Colorado and Riverside County, California. Whether you’re a newly minted LLC or a well-established local business, Huntington Bank’s lineup of business checking accounts has you in mind. Its range of business accounts likely means there’s a good fit for most business owners, big and small.

Southwest Credit Card Offers: Earn 120,000 Bonus Points

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Before Chase hands over the bonus, you’ll need to receive 500 in direct deposits within the first 90 days of opening your new checking account and enrolling with the coupon code. Qualifying direct deposits include electronic transfers of paychecks, pensions and government benefits such as Social Security payments. As strings go, Chase’s requirements are pretty reasonable. One of the best Chase bonuses available now is worth up to 900 if you open both a Chase Total Checking account and a Chase Savings account and meet certain terms.

BMO previously offered a generous bonus of up to 3,500 when you opened BMO Relationship Plus Money Market account and met certain activities. We’ll update this page when we learn about active money market account bonuses. If you’re already opening a new account, it doesn’t take long to find offers and compare a few sign-up bonuses to see which ones you can qualify for. A good rule of thumb is to have at least one savings account and one checking account. This will give you the opportunity to save money while also having access to funds for everyday expenses.