Bank account bonuses offer a valuable opportunity to receive extra rewards simply by opening a new account and meeting straightforward requirements. Many financial institutions are currently running promotions to attract new customers, making it an excellent time to consider your options. Exploring these limited-time offers can help you maximize the benefits available when choosing where to manage your money.
Overview of Current Bank Account Bonuses
If you’re looking to boost your finances, several banks are offering lucrative sign-up bonuses for new checking and savings accounts. These promotions typically require you to open a new account, make a qualifying direct deposit, and sometimes maintain a minimum balance for a short period. The best part? The money you earn is often yours to keep, regardless of whether you keep the account open long-term.
Top Checking Account Bonuses
Here’s a look at some of the most attractive checking account bonuses available right now.
Chase Bank
Chase Private Client Checking: Up to $3,000 bonus for qualifying activities and balances.
Chase Total Checking: $300 bonus for opening a new account and making direct deposits totaling $500 or more within 90 days (offer expires July 16, 2025).
Chase College/Secure Checking: $100 bonus for eligible new customers.
Bank of America
Advantage SafeBalance, Relationship, or Plus Checking: $300 bonus for new customers who open an eligible account online and complete qualifying activities (offer expires May 31, 2025).
Wells Fargo
Everyday Checking Account: $325 bonus for new customers who open an account and receive $1,000 in direct deposits within 90 days (offer expires July 8, 2025).
Capital One
360 Checking: $250 bonus for opening a new account and receiving two direct deposits of at least $500 each within 75 days (using code CHECKING250).
TD Bank
Beyond Checking: $300 bonus for $2,500 in qualifying direct deposits within 60 days (offer expires May 31, 2025).
Complete Checking: $200 bonus for $500 in qualifying direct deposits within 60 days (offer expires May 31, 2025).
KeyBank
Smart Checking: $300 bonus for making at least $1,000 in qualifying direct deposits within 90 days (account must be opened by June 27, 2025).
SoFi
Checking and Savings: Up to $300 bonus with qualifying direct deposit for eligible customers (offer expires January 31, 2026).
How to Qualify for Bank Account Bonuses
To earn these bonuses, you’ll generally need to:
- Open a new account: Most offers are only available to new customers or those who haven’t had an account with the bank in a certain period.
- Make a qualifying direct deposit or deposit: The amount and timing vary by bank and offer.
- Meet minimum balance requirements: Some offers require you to maintain a certain balance for a short period.
- Use a promo code or enroll through a special link: Always check the bank’s website for the correct way to enroll in the promotion.
Things to Watch Out For
Fees: Some accounts have monthly maintenance fees, but these can often be waived by meeting certain requirements.
Eligibility: Read the fine print to ensure you qualify for the bonus.
Taxes: Bank account bonuses are considered taxable income by the IRS.
Timing: Most offers are available for a limited time, so act quickly if you’re interested.
It’s Bonus Time!
Taking advantage of bank account bonuses is a smart way to earn extra money with minimal effort. With great offers on the table, now is an ideal time to explore your options. Just be sure to read the terms and conditions carefully, and you could be well on your way to boosting your bank balance.