Score Big with Bank Promotions: The Best Offers This Month
Looking to make some extra cash by opening a new bank account? You’re in luck! Banks are rolling out enticing sign-up bonuses, with some offering up to $1,000 or more. To save you time, we’ve sifted through hundreds of deals to bring you the most lucrative offers available this month. Here’s our roundup of the best bank promotions and the requirements you need to meet to cash in on these bonuses.
1. SoFi Checking and Savings – Up to $300 Bonus
How to Qualify:
- Open a New Account: By December 31, 2024.
- Set Up Direct Deposit: Receive at least $1,000 in total deposits within 25 days.
Bonus Tiers:
- $50 Bonus: For cumulative direct deposits between $1,000 and $4,999.99.
- $300 Bonus: For cumulative direct deposits of $5,000 or more.
Additional Perks: No monthly maintenance fee and no minimum balance for students and young adults (ages 17-23).
Note: This offer is available to new and existing SoFi users who have never enrolled in direct deposit with SoFi.
2. BMO Smart Advantage Account – $350 Bonus
How to Qualify:
- Open a New Account: By September 9, 2024.
- Receive Direct Deposits: Totaling at least $4,000 within the first 90 days.
Perks:
- No monthly maintenance fees with paperless statements.
- Unlimited transactions at 40,000+ in-network ATMs.
3. PNC Virtual Wallet – Up to $400 Bonus
How to Qualify:
- Open a New Account: By July 1, 2024.
- Make Direct Deposits: Within 60 days to qualify for different bonus amounts.
Bonus Tiers:
- $100 Bonus: For direct deposits totaling $500+.
- $200 Bonus: For direct deposits totaling $2,000+.
- $400 Bonus: For direct deposits totaling $5,000+.
Availability: Varies by state with different bonuses for residents outside main service areas.
4. Truist One Checking – $400 Bonus
How to Qualify:
- Open a New Account: By June 26, 2024, using coupon code TRUIST400AFL24.
- Receive Direct Deposits: At least $500 and complete 15 debit card purchases within 90 days.
Availability: Limited to specific states (AL, AR, GA, FL, IN, KY, MD, MS, NC, NJ, OH, PA, SC, TN, TX, VA, WV, DC).
5. TD Bank Beyond Checking℠ – $300 Bonus
How to Qualify:
- Apply Online: By January 1, 2025.
- Receive Direct Deposits: Totaling $2,500 or more within 60 days.
Fee Waivers: Achieve at least one of the following:
- Direct deposits of $5,000+.
- Maintain a $2,500 minimum daily balance.
- Maintain a combined balance of $25,000 across eligible TD accounts.
Availability: In specific states (CT, DC, DE, FL, MD, ME, MA, NC, NH, NJ, NY, PA, RI, SC, VT, VA).
6. Chase Total Checking® – $300 Bonus
How to Qualify:
- Open a New Account: By July 24, 2024.
- Set Up Direct Deposit: Within 90 days.
Fee Waivers: Meet one of the following criteria each month:
- Direct deposits of $500+.
- Maintain a $1,500 minimum daily balance.
- Maintain an average daily balance of $5,000+.
- Pay $25+ in qualifying checking-related services or fees.
Availability: Nationwide, except for residents of AK, HI, and PR.
7. U.S. Bank Smartly® Checking – Up to $700 Bonus
How to Qualify:
- Open a New Account: By June 27, 2024.
- Complete Qualifying Activities: For both checking and savings accounts.
Bonus Tiers for Checking:
- $100: For direct deposits of $3,000 to $4,999.99.
- $300: For direct deposits of $5,000 to $9,999.99.
- $500: For direct deposits of $10,000+.
Bonus for Savings:
- $200: For new money deposits of $15,000+ maintained until October 31, 2024.
8. BMO Relationship Checking – $500 Bonus
How to Qualify:
- Open a New Account: By September 9, 2024.
- Receive Direct Deposits: Totaling at least $7,500 within 90 days.
Perks: ATM surcharge rebates up to $25 per month, interest on checking balance, and relationship benefits with qualifying balance.
9. Bank of America – $200 Bonus
How to Qualify:
- Open an Eligible Account: Through the promotional page.
- Set Up Direct Deposits: Totaling $2,000 or more within 90 days.
Availability: This is an online-only offer that expires on September 30, 2024.
10. Fifth Third Momentum® Checking – $200 Bonus
How to Qualify:
- Open a New Account: Make $500 in direct deposits within the first 90 days.
Perks: No hidden fees, no minimum balance, and access to direct deposits up to two days early.
11. TD Complete Checking – $200 Bonus
How to Qualify:
- Apply Online: Receive direct deposits of $500 or more within 60 days.
Fee Waivers:
- Direct deposits of $500+.
- Maintain a $500 minimum daily balance.
- Maintain a $5,000 combined balance across eligible TD accounts.
Availability: In specific states (CT, DC, DE, FL, MD, ME, MA, NC, NH, NJ, NY, PA, RI, SC, VT, VA).
12. Citi® Enhanced Deposits – $300 Bonus
How to Qualify:
- Open a New Account: By July 8, 2024.
- Make Enhanced Direct Deposits: At least $1,500 combined within 90 days.
Perks: Monthly service fee waived with $250+ in Enhanced Direct Deposits.
13. KeyBank – $200 Bonus
How to Qualify:
- Open a New Account: Before July 19, 2024.
- Make an Opening Deposit: $10 for Key Smart Checking® or $50 for Key Select Checking®.
- Receive a Direct Deposit: Of at least $500 within 60 days.
Availability: Limited to specific states (AK, CO, CT, ID, IN, ME, MA, MI, NY, OH, OR, PA, UT, VT, WA).
By taking advantage of these promotions, you can earn hundreds of dollars just for opening a new bank account and meeting the simple requirements. Whether you’re looking for high rewards or minimal hassle, there’s an offer that can help you make the most of your money. Happy banking!
Score Big with Bank Promotions: The Best Offers This Month
