$300 Checking Account Bonus for February 2026
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A checking account bonus can be a tempting boost to your finances. Check if you can earn free money from these banks.
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Looking for a new checking account?
The opportunity to get a cash reward for opening a checking account couldn't come at a better time. Check out these current $300+ bonuses for new applicants.
Wells Fargo Everyday Checking Account - $325 Bonus
- Get a $325 new checking customer bonus when you open an Everyday Checking account and receive $1,000 or more in qualifying direct deposits.
- Wells Fargo Bank, N.A.
Member FDIC
Key Smart Checking® - $300 Bonus
- Open a Key Smart Checking® account online by May 22, 2026.
- Make the minimum opening deposit of $10 and a total of $2,000 or more in eligible direct deposits within the first 90 days of account opening.
- Your $300 cash bonus will be deposited into your account within 60 days of meeting requirements. Account must not be closed at the time of gift payment.
- Minimum Deposit to Open: $10
- Direct Deposit Required: Make the minimum opening deposit of $10, plus a total of $2,000 or more in eligible direct deposits within the first 90 days of account opening.
Here are some checking accounts to check out:
- KeyBank:
Key Smart Checking® - $300 Bonus - Capital One:
Personal Checking Account - $300 Bonus - Fifth Third Bank:
Personal Checking Account - $300 Bonus - Regions Bank:
Personal Checking Account - $300 Bonus - Citizens Bank:
Personal Checking Account - $300 Bonus - Associated Bank:
Personal Checking Account - $300 Bonus - E*TRADE:
Personal Checking Account - $300 Bonus - Bank @ Work Program:
$300 Bonus - Texans Credit Union:
Personal Checking Account - $300 Bonus - Star Financial Bank:
Personal Checking Account - $300 Bonus - Grow Financial Federal Credit Union:
Personal Checking Account - $300 Bonus - Florida Credit Union:
Personal Checking Account - $300 Bonus - Stoneham Bank:
Personal Checking Account - $300 Bonus - Oregon State Credit Union:
Personal Checking Account - $300 Bonus - Blue Foundry Bank:
Personal Checking Account - $300 Bonus - The Bank of Elk River:
Personal Checking Account - $300 Bonus - Unity Bank:
Personal Checking Account - $300 Bonus - Arizona Financial Credit Union:
Personal Checking Account - $300 Bonus - Neighborhood Credit Union:
Personal Checking Account - $300 Bonus - Easthampton Savings Bank:
Personal Checking Account - Up to $300 Bonus - Peoples Bank:
Personal Checking Account - Up to $300 Bonus - Abington Bank:
Personal Checking Account - Up to $300 Bonus - Hometown Bank:
Personal Checking Account - Up to $300 Bonus - St. Mary's Bank:
Personal Checking and Savings Account - $300 Bonus - Seacoast Bank:
Personal Checking Account - $300 Bonus - Central Bank:
Personal Checking Account - $300 Bonus - Walden Savings Bank:
Personal Checking Account - $300 Bonus - US Senate Federal Credit Union:
Personal Checking and Savings Account - $300 Bonus - Pennsylvania State Employees Credit Union:
Personal Savings and Checking Account - $300 Bonus - Hyde Park Bank:
Personal Checking Account - $300 Bonus - Town Bank:
Personal Checking Account - $300 Bonus - Wintrust Bank:
Personal Checking Account - $300 Bonus - Elgin State Bank:
Personal Checking Account - $300 Bonus - Wheaton Bank & Trust Company:
Personal Checking Account - $300 Bonus - Beverly Bank & Trust:
Personal Checking Account - $300 Bonus - Service 1st Federal Credit Union:
Personal Checking Account - $300 Bonus - Bank of Texas:
Personal Checking Account - $300 Bonus - Old National Bank:
Personal Checking Account - $300 Bonus - Berkshire Bank:
Personal Checking Account - $300 Bonus - Citadel Credit Union:
Personal Checking Account - $300 Bonus - Hawthorn Bank:
Personal Checking Account - $300 Bonus - KeyPoint Credit Union:
Personal Checking Account - $300 Bonus - Abbott Laboratories Employees Credit Union (ALEC):
Personal Checking Account - $300 Bonus - Old Second Bank:
Personal Checking and Savings Account - $300 Bonus - Dollar Bank:
Personal Checking Account - $300 Bonus - Flagstar Bank:
Personal Checking Account - $300 Bonus - Trustco Bank:
Personal Checking and Savings Account - $300 Bonus
How to Get More Than $300 from Banks
Discover even more rewarding checking bonuses exceeding $300.
Keep in mind that some of these offers have stricter criteria to qualify. See if you meet their requirements.
Bank of America Advantage Banking - Up to $500 Cash Offer
- The cash offer up to $500 is an online only offer and must be opened through the Bank of America promotional page.
- The offer is for new checking customers only.
- Offer expires 05/31/2026.
- To qualify, open a new eligible Bank of America Advantage Banking account through the promotional page and set up and receive Qualifying Direct Deposits* into that new eligible account within 90 days of account opening. Your cash bonus amount will be based on the total amount of your Qualifying Direct Deposits received in the first 90 days.
Cash Bonus Total Qualifying Direct Deposits $100 $2,000 $300 $5,000 $500 $10,000+ - If all requirements are met 90 days after account opening, Bank of America will attempt to deposit your bonus into your new eligible account within 60 days.
- Bank of America Advantage SafeBalance Banking® for Family Banking accounts are not eligible for this offer.
- Additional terms and conditions apply. See offer page for more details.
- *A Qualifying Direct Deposit is a direct deposit of regular monthly income – such as your salary, pension or Social Security benefits, which are made by your employer or other payer – using account and routing numbers that you provide to them.
- Bank of America, N.A. Member FDIC.
HSBC Premier - Earn Up to $7,000
- Send and receive money with Zelle® right from our mobile app
- Manage your money safely, easily and fee-free around the world - from Global Money Transfers to multi-currency needs
- Enjoy peace of mind with unique travel benefits available through our credit cards
Here's how the offer works: Open a new HSBC Premier checking account by March 31, 2026. Add New Assets to your Premier checking account, Premier Savings account, Premier Relationship Savings account, Managed Portfolio Account and/or Spectrum account (Eligible Accounts) by March 31, 2026, and maintain the New Assets through June 30, 2026.
- Get a $1,500 Cash Bonus: Add and maintain New Assets of $150,000 to $249,999
- Get a $2,500 Cash Bonus: Add and maintain New Assets of $250,000 to $499,999
- Get a $3,500 Cash Bonus: Add and maintain New Assets of $500,000 to $999,999
- Get a $7,000 Cash Bonus: Add and maintain New Assets of $1,000,000+
If all offer requirements are met, the bonus will be paid by August 31, 2026.
Chase Total Checking® - $400 Bonus
- New Chase checking customers can receive $400 when you open a Chase Total Checking® account and make direct deposits totaling $1,000 or more within 90 days of coupon enrollment.
- Unlock more offers with Chase. Get up to $500 per calendar year by referring friends and family. Plus, get cash back from top brands with Chase Offers when you use your debit card.
- Chase Total Checking® has a $15 monthly service fee, you can easily avoid the fee with direct deposits totaling $500 or more, or a minimum average daily balance each statement period.
- Chase Overdraft Assist℠ – no overdraft fees if you're overdrawn by $50 or less at the end of the business day or if you're overdrawn by more than $50 and bring your account balance to overdrawn by $50 or less at the end of the next business day*
- Chase Mobile® app makes banking simple. Manage accounts, pay bills, send money to friends with Zelle® and deposit checks on the go with Chase Quick Deposit℠.
- Chase has the largest branch network in the U.S. with thousands of ATMs and branches. Use the Chase locator tool to find a branch or ATM near you.
- Chase helps keep your money protected with features like Zero Liability Protection, fraud monitoring and card lock.
- Chase Total Checking includes FDIC insurance up to the maximum amount allowed by law.
- Minimum Deposit to Open: $0
- Direct Deposit Required: Yes
- Minimum Deposit Required: None
Chase Private Client Checking℠ - Up to $3,000 Bonus
- Elevate your banking relationship and enjoy a bonus up to $3,000 when you open a new Chase Private Client Checking℠ account with qualifying activities.
- Personalized banking made easier with premium benefits, 24/7 support and access to your banking and investment accounts in one place in the Chase Mobile® app.
Earn $1,000 when you deposit $150,000 or earn $2,000 when you deposit $250,000 or earn $3,000 when you deposit $500,000+. - Get up to a $3,000 bonus when you open or upgrade to a Chase Private Client account, a premium checking account which provides you with a dedicated banker and receive investing guidance from J.P. Morgan Wealth Management to help you reach your financial goals.
- Receive personalized wealth strategies from a J.P. Morgan advisor. Your J.P. Morgan advisor gets to know you, your family and your goals to build a custom financial strategy and investment portfolio that reflects your evolving priorities.
- Bank deposit accounts, such as checking and savings, may be subject to approval. Deposit products provided by JPMorgan Chase Bank, N.A. Member FDIC.
J.P. Morgan Wealth Management is a business of JPMorgan Chase & Co., which offers investment products and services through J.P. Morgan Securities LLC (JPMS), a registered broker-dealer and investment adviser, member FINRA and SIPC. Insurance products are made available through Chase Insurance Agency, Inc. (CIA), a licensed insurance agency, doing business as Chase Insurance Agency Services, Inc. in Florida. Certain custody and other services are provided by JPMorgan Chase Bank, N.A. (JPMCB). JPMS, CIA and JPMCB are affiliated companies under the common control of JPMorgan Chase & Co. Products not available in all states.
INVESTMENT AND INSURANCE PRODUCTS: •
Key Select Checking® - $500 Bonus
- Open a Key Select Checking® account online by May 22, 2026.
- Make the minimum opening deposit of $50 and make a total of $5,000 or more in eligible direct deposits within the first 90 days of account opening.
- Your $500 cash bonus will be deposited into your account within 60 days of meeting requirements. Account must not be closed at the time of gift payment.
- Minimum Deposit to Open: $50
- Direct Deposit Required: Make the minimum opening deposit of $50, plus a total of $5,000 or more in eligible direct deposits within the first 90 days of account opening.
For bigger rewards, check out these banks that offer $500 checking account bonus.
How to Get a $300 Checking Bonus
- Review the terms and conditions of the $300 offer carefully.
- Follow the instructions to open a new checking account, either online or in-person at a branch.
- Fulfill all qualifying activities for the bonus (deposit the required amount, etc.).
- Receive your $300 bonus, typically in a few days or weeks after completing the requirements.
- Keep your account open for the specified period to avoid forfeiting the bonus.
Generally, you must open a checking account with a qualifying bank and fulfill their bonus requirements. Once you have accomplished this, you can expect your bonus to be deposited into your account according to the promotion's terms.
What Is a Checking Account Bonus?
A checking account bonus is a promotional offer by banks and financial institutions to incentivize individuals to open a new checking account.
It typically involves a cash reward if you meet certain requirements outlined by the bank, such as:
- Maintain a minimum account balance
- Set up direct deposits
- Fulfill specific transaction criteria
The bonus amount varies by bank and offer terms, ranging from a hundred to a few thousand dollars. Typically, the larger the bonus, the higher the requirements to get it.
Why Do Banks Offer Account Bonuses?
Here are some reasons banks offer checking account bonuses:
- Gain new customers
By offering a cash bonus, banks aim to entice you to open an account with them rather than with a competitor. - Build lasting relationships
Once you're a customer with the bank, you may also use their other services, such as credit cards and loans. - Increase deposits and transactions
When you fulfill bank bonus requirements like maintaining a balance or completing a specific number of transactions, these actions contribute to the bank's performance.
Ultimately, checking account bonuses can be a great way for the bank to get new customers and remain competitive. And you get a nice little reward for opening a new account. It's a win-win.
Usually, promotions require you to be a new customer of the bank. If you already have an account with the bank, you may not be eligible for a bonus. But you may qualify for a bonus if you open a different account type (for example, a personal checking customer may be able to get a business checking account bonus).
Does the $300 Bonus Make Sense for You?
An extra $300 is attractive, but not all offers may work for you. Here's some things to consider to choose the best bonus deal:
- Compare offers
There may be banks offering the same bonus amount. Look closely at the overall value of the checking account.Maybe Bank A offers better features and services than Bank B. Examine potential fees and other account requirements.
- Qualifications
What does it take to earn the $300? Review the eligibility criteria and see if you can meet them comfortably. It shouldn't be super inconvenient or cost you money to earn the bonus. - Account monthly fees
Does the bank account have a monthly fee? If so, can you meet the criteria to waive it? Otherwise, it doesn't make sense to get a bonus, but pay fees that eat into it. - Potential for a long-term relationship
Assess whether the bank's overall offerings align with your long-term banking needs. After all, building a positive relationship with a reliable bank is sometimes more important than a one-time bonus. - Weigh opportunity cost
Consider what else you can do with the funds that would be required to fulfill the bonus criteria.If you need to put in a high amount, consider alternative investments or financial options that could provide a better return on your money.
How Are Checking Account Bonuses Paid Out?
Checking account bonuses are typically deposited straight into your new account after you've completed the qualifying requirements. This may take a few days to several weeks.
Generally, your account must be open and in good standing when the bonus is paid out.
Is There a Catch?
Bank promotions usually have no catch as long as you fulfill the requirements. It's a legit cash reward for you to keep.
However, check if the eligibility criteria are doable. If the promo requires you to receive a certain amount in direct deposit, would you be willing to switch over your direct deposit to the new bank?
You also have to keep in mind the time commitment that may be involved in claiming the checking account bonus.
You may be required to keep the account open for a certain amount of time. Sometimes, if you close the account sooner, your bonus will be taken back. This is to prevent people from opening and closing accounts just for bonuses.
You may open a checking account for its bonus offer. However, check the terms before deciding based on this reason. And make sure the checking account makes sense for you and fits your needs.
What Is Bank Account Churning?
Bank account churning is when you open multiple bank accounts to take advantage of the different bonus offers.
It usually involves repeatedly opening and closing accounts to meet the requirements for earning bonuses.
However, many banks have specific rules and limitations on account churning. These may include:
- Restricting the number of times to open and close accounts
- Imposing fees for early account closures
- Disqualifying individuals from joining future promotions
In addition, repeated account openings and closures can impact your ChexSystems report. Banks may hesitate to approve your application if you have this behavior pattern.
Checking Account Bonus FAQs
Are checking bonuses taxable?
Yes, checking bonuses are taxable. When you receive your bonus, the bank usually issues a Form 1099-INT to report to the Internal Revenue Service. Whether you receive one or not, you are required to include it in your tax return.[1]
Are checking account promotions a good deal?
Yes, checking account promotions could be worth it if you can easily meet the requirements and the bank fits your needs. If maintaining the account will be a hassle, it probably doesn't make sense to open just for the bonus.
Can I sign up for multiple checking accounts to earn their bonuses?
Yes, you can sign up with more than one checking account to collect bonuses. But, if you often engage in this practice, it may negatively impact your ChexSystems report.
Can I close the account after receiving the bonus?
Many banks don't allow you to close your account for a certain period after receiving the bonus. If you do, you will be required to return the amount to the bank. Other penalties may also be charged.
References
- ^ IRS. About Form 1099-INT, Interest Income, Retrieved 06/15/24
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