$200 Checking Account Bonus for September 2023
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Did you know you can earn $200 by simply opening a checking account? But first, you need to find out if you are qualified.
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Opening a checking account doesn't have to be a chore. In fact, it can even be a rewarding experience. How? You can sometimes get $200 when you open your account!
See which banks currently offer this bonus. But more importantly, learn all the information you need to help you land the right offer.
Here are some checking accounts to check out:
- TD Complete Checking:
$200 Cash Bonus - PNC Bank:
Virtual Wallet with Performance Spend Checking - $200 Bonus - Horizon Credit Union:
Personal Checking Account - $200 Bonus - Ent Credit Union:
Personal Checking Account - $200 Bonus - M&T Bank:
Personal Checking Account - $200 Bonus - The Union Bank Company:
Personal Checking Account - $200 Bonus - Credit Union ONE:
Personal Checking Account - $200 Bonus - Fulton Bank:
Personal Checking Account - $200 Bonus - Notre Dame Federal Credit Union:
Personal Checking Account - $200 Bonus - MIDFLORIDA Credit Union:
Personal Checking Account - $200 Bonus - Washington Trust Bank:
Personal Checking Account - $200 Bonus - Desert Financial Credit Union:
Personal Checking Account - $200 Bonus - Blaze Credit Union:
Personal Checking Account - $200 Bonus - Holyoke Credit Union:
Personal Checking Account - $200 Bonus - Community First Credit Union:
Personal Checking Account - $200 Bonus - Star Financial Bank:
Personal Checking Account - $200 Bonus - North State Bank:
Personal Checking Account - $200 Bonus - CIBC Bank:
Personal Checking Account - $200 Bonus - SouthState Bank:
Personal Checking Account - $200 Bonus - Spokane Teachers Credit Union:
Personal Checking Account - $200 Bonus - Hometown Bank:
Personal Checking Account - $200 Bonus - Vantage West Credit Union:
Personal Checking Account - $200 Bonus - APG Federal Credit Union:
Personal Checking and Savings Account - $200 Bonus - Cinfed Credit Union:
Personal Checking Account - $200 Bonus - Expedition Credit Union:
Personal Checking Account - $200 Bonus - Republic Bank:
Personal Checking Account - $200 Bonus - Seacoast Bank:
Personal Checking Account - $200 Bonus - Bravera Bank:
Personal Checking Account - $200 Bonus - Hanmi Bank:
Personal Checking Account - $200 Bonus - Banner Bank:
Personal Checking and Savings Account - $200 Bonus - Old Second Bank:
Personal Checking and Savings Account - $200 Bonus - Indiana Members Credit Union:
Personal Checking Account - $200 Bonus - Hancock Whitney Bank:
Personal Checking Account - $200 Bonus - Bar Harbor Bank & Trust:
Personal Checking Account - $200 Bonus - First Commonwealth Bank:
Personal Checking Account - $200 Bonus - Independent Bank:
Personal Checking Account - $200 Bonus - Atlantic Union Bank:
Personal Checking Account - $200 Bonus - Sunflower Bank:
Personal Checking Account - $200 Bonus - MidFirst Bank:
Personal Checking Account - $200 Bonus - First National 1870:
Personal Checking Account - $200 Bonus - OneAZ Credit Union:
Personal Checking Account - $200 Bonus - Citadel Credit Union:
Personal Checking Account - $200 Bonus - Star One Credit Union:
Personal Checking and Savings Account - $200 Bonus - Delta Community Credit Union:
Personal Checking and Savings Account - $200 Bonus
How to Get More Than $200 from Banks
Looking for higher bonuses? Check if you qualify for these bank promotions:
Bank of America Advantage Banking - $300 Bonus Offer
- The $300 bonus offer 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 05/31/2025.
- To qualify, open a new eligible Bank of America Advantage Banking account through the promotional page and set up and receive Qualifying Direct Deposits* totaling $2,000 or more into that new eligible account within 90 days of account opening. Bank of America Advantage SafeBalance Banking® for Family Banking accounts are not eligible for this offer.
- Once all requirements are met, Bank of America will attempt to pay bonus within 60 days.
- 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.
Chase Total Checking® - $300 Bonus
- New Chase checking customers enjoy a $300 bonus when you open a Chase Total Checking® account with qualifying activities
- Chase Mobile® app - Manage accounts, pay bills, send money to friends with Zelle® and deposit checks from almost anywhere.
- 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*
- Help 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.
- With over 4,700 branches, Chase has the largest branch network in the U.S. plus access to more than 15,000 ATMs.
- Open your account online now
- Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com.
- Minimum Deposit to Open: $0
- Direct Deposit Required: Yes
- Minimum Deposit Required: None
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
Chase Private Client Checking℠ - Up to $3,000 Bonus
- You're eligible for up to a $3,000 bonus when you open a new Chase Private Client Checking℠ account with qualifying activities.
- Speak with a Private Client Banker to open your Chase Private Client Checking℠ account today. Schedule your meeting at your nearest branch to get started.
- Priority service for everyday banking. Receive personalized attention from a dedicated Chase Private Client Banker and 24/7 access to a U.S. based banking service line.
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. - No fees at Chase and non-Chase ATMs worldwide.
- No Chase fee on incoming or outgoing wire transfers.
- Enjoy higher limits on Chase Private Client debit card purchases and ATM withdrawals, as well as higher Zelle® and Chase QuickDeposit℠ limits.
- Relationship rates which may make you eligible for a 0.25% auto loan rate discount, and invitation-only events.
- Enhance your relationship with access to a J.P. Morgan Private Client Advisor who can help create a personalized investment strategy.
- Deposit products provided by JPMorgan Chase Bank, N.A. Member FDIC. Deposit products are FDIC insured up to the maximum amount allowed by law.
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: •
BMO Smart Advantage Checking account - Earn $400 Cash Bonus*
$400 cash bonus* when you have a cumulative total of $4,000 in qualifying direct deposits within 90 days of account opening between 5/5/25 - 9/8/25. *Conditions Apply. Accounts are subject to approval and available in the U.S. by BMO Bank N.A. Member FDIC
BMO Smart Money Checking account - Earn $400 Cash Bonus*
$400 cash bonus* when you have a cumulative total of $4,000 in qualifying direct deposits within 90 days of account opening between 5/5/25 - 9/8/25. *Conditions Apply. Accounts are subject to approval and available in the U.S. by BMO Bank N.A. Member FDIC
Key Smart Checking® - $300 Bonus
- Open a Key Smart Checking® account online by October 17, 2025.
- Make the minimum opening deposit of $10, plus a total of $1,000 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 $1,000 or more in eligible direct deposits within the first 90 days of account opening.
What is a $200 Checking Account Bonus?
Banks offer a $200 checking account bonus as an incentive for customers to open a new checking account.
Such a bonus is fairly easy to get. To earn one, you'll need to fulfill certain criteria like:
- Receive X amount in qualifying direct deposits
- Deposit X amount within a specific timeframe
- Make an X number of debit card purchases
The whole idea is to make sure that customers actually use their services, which ends up being a win-win for everyone.
Direct deposits usually include recurring paychecks from an employer, pension, or Social Security/government benefits. Although they are considered ACH transfers, not all transfers, such as person-to-person are direct deposits.
More about $200 Checking Bonuses
Getting $200 is a great opportunity to earn extra money. But here are some things you should know first:
You have to be a new customer.
This usually means you don't have that specific checking account with the bank offering the bonus. Other banks even allow those who have closed their checking account for two years or more.
You'll have to work for it.
A $200 bonus will not be handed over to you without doing your part. It's either setting up a direct deposit, holding a minimum balance, or both.
You won't have to switch banks.
Although banks are courting you to do business with them, they don't typically require you to ditch your current bank. It shouldn't be a problem as long as you can manage accounts with multiple banks.
You can't close your account right away.
Note that banks often require you to keep your account active for up to 90 days or more from the opening date. Otherwise, your bonus may be forfeited.
Your bonus is taxable.
Just like earned interest, bonuses are considered income. As such, the bank may provide you with a corresponding tax form to complete and submit to the IRS during tax filing season.
You may still fall short of qualifications.
You may be able to meet the most demanding criteria, yet you can still be disqualified due to a technicality. If it's a credit union promo, keep in mind that you usually have to reside in the community or state they operate in.
You can get free money by opening a promotional bank account with a $200 sign-on bonus. However, you must meet its qualifications first and typically wait a few days to several weeks to claim the bonus amount.
How to Get a $200 Checking Bonus?
Generally, here are the steps in earning a $200 checking bonus from a bank:
- Review the offer terms and conditions carefully and check if you are qualified.
- Open the checking account either online or in person, whichever is applicable.
- Fulfill requirements, i.e. holding a minimum deposit for a given period, setting up a direct deposit, etc.
Note that your bank may credit your bonus several days or weeks after you have fulfilled all requirements. Thus, it is crucial to keep your account open not only while waiting for your bonus to be credited but also up to its specified minimum period at the very least.
Is it worth it?
Checking account bonuses are not the be-all and end-all of banking. Because once you've claimed your $200 bonus, your account should still be worthwhile to have since the buck doesn't stop there.
If your checking account has transaction fees at every turn, they can easily eat into your $200 bonus. You may be better off with another bank account with no promotions yet no fees for the most part.
In the long run, it's the account features that will hold up for you, not a one-time upfront money. Aside from bank fees, make sure the account can provide functionality for your financial needs and goals.
No, your credit is generally not affected by a bank account closure. However, if you have an unsettled negative balance in a closed account, that's when your credit will likely take a hit.
Bottom Line
A $200 bonus can be a fantastic boost for your checking account, especially with all the expenses you will likely make along the way.
Keep in mind that opening an account should extend beyond the monetary gain. It should also help you lay the groundwork for a potentially beneficial banking relationship, which is more important long-term.
Write to Penny Besana at feedback@creditdonkey.com. Follow us on Twitter and Facebook for our latest posts.
Note: This website is made possible through financial relationships with some of the products and services mentioned on this site. We may receive compensation if you shop through links in our content. You do not have to use our links, but you help support CreditDonkey if you do.
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