January 30, 2021

Bank Promotions in Virginia: May 2021

Read more about Bank Promotions

View list of best Virginia bank promotions. See current active promos and new bonus offers from local Virginia banks, credit unions, and national banks.

Looking to open a new bank account in Virginia? Check out these promotions first. Many banks are offering bonuses up to hundreds of dollars when you open a new account.

Take note of the qualification requirements. Many offers require you to meet a certain opening deposit, minimum balance, and/or direct deposit requirements.

TD Bank
Member FDIC

TD Beyond Checking - $300 Cash Bonus

  • New customers who apply online for a TD Beyond Checking account can earn a $300 cash bonus after receiving direct deposits of $2,500 or more within 60 days. To qualify for this offer, you must be a U.S. resident and apply for the offer online. Offer is available in these states: CT, DC, DE, FL, MD, ME, MA, NC, NH, NJ, NY, PA, RI, SC, VT, VA
  • Earn $300 when you receive direct deposits totaling $2,500 or more within 60 days
  • Get more from your checking account. With TD Beyond Checking with Payback Plus, you'll earn interest and get reimbursed for non-TD ATM transactions, Rush Bill Payments and more.
  • Monthly maintenance fee waived when you receive monthly direct deposits of $5,000 or more, or maintain a minimum daily balance of $2,500, or a combined balance of $25,000 across eligible TD accounts.
  • TD fees waived at any ATM and non-TD fees reimbursed when you keep at least a $2,500 daily balance
  • Overdraft Payback - Get overdraft fees automatically reversed up to two times a year.
  • Get your money where it needs to go —fast— with Rush Bill Payments, Send Money with Zelle®, incoming wires and a reimbursement for one outgoing wire (domestic or international) per statement cycle.
  • TD checking accounts come with an instant-issue debit card. And, you can pay with confidence with Zero Liability protection and 24/7 fraud monitoring.
  • Monthly maintenance fee waived on one TD Simple CheckingSM account and any Savings and Money Market accounts. Plus, get free standard check orders, money orders, official bank checks and stop payments.
TD Bank
Member FDIC

TD Convenience Checking℠ - $150 Cash Bonus

  • New customers who apply online for a TD Convenience Checking℠ account can earn a $150 cash bonus after receiving direct deposits of $500 or more within 60 days. To qualify for this offer, you must be a U.S. resident and apply for the offer online. Offer is available in these states: CT, DC, DE, FL, MD, ME, MA, NC, NH, NJ, NY, PA, RI, SC, VT, VA
  • Earn $150 when you receive direct deposits totaling $500 or more within 60 days
  • Low minimimum daily balance of $100 waives the $15 monthly fee.
  • Students and young adults ages 17 through 23 get additional perks like no minimum balance requirements and no monthly maintenance fee.
  • Instantly replace a lost or worn debit card by visiting a TD Bank location near you
  • Access accounts via Online Banking with Bill Pay, Online Statements and TD Bank Mobile Deposit, with 24/7 cash access at TD ATMs in the U.S. and Canada – plus 24/7 Live Customer Service
  • Get a 0.25% discount on TD Bank Home Equity and Personal Loans

PNC Bank: Virtual Wallet with Performance Select Checking - $300 Cash Bonus

Earn $300 when you open a new Virtual Wallet with Performance Select checking account and make qualified direct deposits totaling $5,000 or more within 60 days of account opening. Bonus will be awarded within 60-90 days of meeting the requirements.

Expires 6/30/2021

SunTrust Bank: Personal Checking and Savings Account - $500 Bonus

Open a new qualifying SunTrust checking account, and savings or money market account on the same day. Use promo code CHKSAVQ221 at accounts opening. Have qualifying direct deposits totaling $500 or more post to your new checking account within 90 days of account opening. Deposit at least $15,000 into the new savings or MMA within 30 days of account opening. Maintain at least $15,000 balance in the savings or MMA for 90 days or more.

Expires 6/30/2021

HomeTrust Bank: Personal Checking Account - $400 Bonus

Open a new qualifying checking account. Use promo code UPTO400VA. Earn $150 when you set up and receive qualifying direct deposits totaling $2,500 or more within 90 days of account opening. Earn $150 when you have an opening balance of $10,000 or more and when you maintain that balance for the first 90 days. Earn $100 when you make at least 15 debit card purchases totaling $500 or more in one statement cycle in the first 90 days.

Expires 12/31/2021
HSBC
Member FDIC

HSBC Premier Checking - $450 Welcome Deposit

Expires 6/30/2021
  • Get a $450 Welcome Deposit for eligible new customers who open a new HSBC Premier checking account and complete the following qualifying activities.
  • Open your new HSBC Premier checking account online by June 30, 2021; and
  • Make recurring monthly Qualifying Direct Deposits totaling at least $5,000 from a third party to your HSBC Premier checking account(s) for 3 consecutive calendar months from the second full calendar month after account opening.
  • You will automatically receive the $450 Welcome Deposit in your new HSBC Premier checking account approximately eight weeks after completing all qualifying activities. It's that simple.
  • Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC.
Chase
Member FDIC

Introducing Chase Business Complete Banking℠ - $300 Bonus

Expires 7/23/2021
  • Earn $300 when you open a new Chase Business Complete Checking account. For new Chase business checking customers with qualifying activities.
  • More ways to waive fees. Multiple options to waive the Monthly Service Fee, including maintaining a minimum daily balance or purchases on your Chase Ink® Business credit card
  • Convenient access to payment processing. Accept card payments anytime, anywhere in the U.S., and get transparent pricing with Chase QuickAccept℠.
  • Same-day deposits with QuickAccept℠. Free up the cash you need to keep your business moving forward with same-day deposits at no additional cost.
  • Alerts to help you stay on top of your account activity.
  • Easy account management through Chase Business online and the Chase Mobile® app.
  • Unlimited electronic deposits, ACH and Chase Quick Deposit℠.
  • Convenient access to 16,000 ATMs and more than 4,700 branches.

Virginia Bank Promotions

These promotions are from smaller regional banks and credit unions. Regional banks often offer more competitive interest rates and fewer fees. If you're considering an offer, make sure you have access to branches and ATMs.

PNC Bank: Performance Select Checking - $300 Cash Bonus

Earn $300 when you open a new Virtual Wallet with Performance Select checking account and make qualified direct deposits totaling $5,000 or more within 60 days of account opening. Bonus will be awarded within 60-90 days of meeting the requirements.

Expires 6/30/2021

PNC Bank: Virtual Wallet with Performance Spend Checking - $200 Cash Bonus

Earn $200 when you open a new Virtual Wallet with Performance Spend Checking account and make qualified direct deposits totaling $2,000 or more within 60 days of account opening. Bonus will be awarded within 60 days of meeting the requirements.

Expires 6/30/2021

PNC Bank: Performance Spend Checking - $200 Cash Bonus

Earn $200 when you open a new Virtual Wallet with Performance Spend Checking account and make qualified direct deposits totaling $2,000 or more within 60 days of account opening. Bonus will be awarded within 60 days of meeting the requirements.

Expires 6/30/2021

PNC Bank: Virtual Wallet Checking - $50 Cash Bonus

Earn $50 when you open a new Virtual Wallet checking account and make qualified direct deposits totaling $500 or more within 60 days of account opening. Bonus will be awarded within 60-90 days of meeting the requirements.

Expires 6/30/2021

Dollar Bank: Personal Checking Account - Up to $400 Bonus

Open a new Everyday Great Checking account and do qualifying activities to receive the following bonus:

$100 debit card rebate: account must receive cumulative payroll direct deposits of $1,000 or more within 90 days of account opening

$200: account must receive a cumulative payroll direct deposits of $5,000 or more within 90 days of account opening

$100: account must remain in open and in good standing for on account opening anniversary

Expires 12/31/2021

M&T Bank: Personal Checking Account - Up to $250 Bonus

Get up to $250 cash bonus by opening any M&T personal checking account online or at your local M&T Bank. Make a total of at least $500 in qualifying direct deposits within 90 days of account opening. Cash bonus will be rewarded within 90 days after direct deposit.

Expires 7/12/2021

PNC Bank: Business Checking Account - $200 Bonus

Open a new PNC Business Checking or PNC Business Checking Plus account. Maintain an average cycle balance of $5,000 in your new checking account for each of the first three statement cycles. Make at least 20 qualifying PNC Bank Visa Debit card transactions within the first three statement cycles.

This offer is only available to businesses with an annual revenue of less than $5 million. All existing business checking customers, including those who have closed an account in the past 90 days or has received a promotional premium in the past 12 months are not eligible for this offer. $200 bonus will be credited to your new business checking account within 90 days after all conditions have been met.

Expires 6/30/2021

PNC Bank: Business Checking Account - $500 Bonus

Open a new PNC Treasury Enterprise Plan or Analysis Business Checking account. Maintain an average cycle balance of $30,000 in your new checking account for each of the first three statement cycles.

This offer is only available to businesses with an annual revenue of less than $5 million. All existing business checking customers, including those who have closed an account in the past 90 days or has received a promotional premium in the past 12 months are not eligible for this offer. $500 bonus will be credited to your new business checking account within 90 days after all conditions have been met.

Expires 6/30/2021

M&T Bank: M&T Tailored Business Checking Account - $300 Bonus

Open a new M&T Tailored Business checking account using offer code. Receive $300 if the Average Ledger Balance in the account is at least $5,000 for the third full calendar month after the account was opened. Bonus will be credited to your account within 45 days after the end of the third full calendar month after the account was opened.

Expires 6/30/2021

M&T Bank: M&T Tailored Business Checking Account - Up to $600 Bonus

Open a new M&T Tailored Business checking account using offer code. Receive $300 if the Average Ledger Balance in the account is at least $5,000 for the third full calendar month after the account was opened. Bonus will be credited to your account within 45 days after the end of the third full calendar month after the account was opened. Receive an additional $300 when you open a new M&T Merchant Services account, link your M&T Business Checking account, and process $20 in merchant transactions within a calendar month no later than 06/30/21.

Expires 6/30/2021

SunTrust Bank: SunTrust Business Checking Account - $200 Bonus

Open a new Simple Business Checking, Primary Business Checking, or Business Advantage Plus Checking account. Use offer code SB21Q2CHECKING. Make at least $1,500 in qualifying cumulative deposits into the account within 30 days of account opening.

Existing business checking customers are not eligible for this offer. Business client cannot have closed a business checking account within 90 days of the promotion start date (on or after January 1, 2021). The business must be registered within the U.S. with the business's physical street address located in AL, AR, GA, FL, MD, MS, NC, SC, TN, VA, and DC. and have a valid U.S. TIN or EIN. $200 bonus will be deposited to the account within 8 weeks after completing the requirements.

Expires 6/30/2021

City National Bank: Personal Checking Account - $100 Bonus

Open a qualifying checking account and set up a qualified recurring direct deposit of $200 or more into the account. Bonus will be deposited into the new account 91 days after account opening.

First Bank Virginia: Personal Checking Account - $100 Bonus

Open a new Anywhere Checking account online. Sign up and receive qualifying recurring direct deposits. Keep account open and in good standing for 90 days.

Eastman Credit Union: Personal Checking Account - $100 Bonus

Open a new Beyond Free Checking account and set up automatic debit or direct deposit to receive bonus.

Presidential Bank: Personal Checking Account - $50 Bonus

Open a new Checkless Checking account. Complete requirements within 90 days of account opening to receive bonus. Bonus will be deposited directly into the new Checkless Checking account between 90-120 days after account opening.

Lafayette Federal Credit Union: Personal Checking and Savings Account - $100 Bonus

Opening new qualifying savings and checking accounts. Set up and receive qualifying direct deposits of $500 or more within 45 days of account opening. Membership is required.

Lafayette Federal Credit Union: Personal Checking and Savings Account - $100 Bonus

Start your membership by opening qualifying savings and checking accounts using promo code DD2021. Set up and receive qualifying direct deposits of $500 or more within 45 days of account opening.

Nationwide Bank Promotions

These offers from national banks are available to Virginians. National banks offer more convenience with branches and ATMs throughout the country, but they usually have higher fees or more requirements.

HSBC
Member FDIC

HSBC Premier Checking - Up to $600 Cash Bonus

Expires 6/30/2021
  • Get up to $600 with a 3% Cash Bonus Checking Offer when you open a new HSBC Premier checking account and complete the following qualifying activities.
  • Open your new HSBC Premier checking account online by June 30, 2021; and
  • Set up Qualifying Direct Deposits into your new HSBC Premier checking account; and then
  • Enjoy 3% Cash Bonus, up to $600, on Qualifying Direct Deposits up to $100 per month, during the first 6 calendar months after account opening
  • You will automatically receive the 3% Cash Bonus in your new HSBC Premier checking account approximately eight weeks after completing that month's qualifying activities.
  • Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC.

Citibank: Citi Account Packages - Up to $1,500 Bonus

Open a new eligible checking account and savings account in the same account package for Citigold, Citi Priority, and Citi Account Package. Within 30 days of account opening, fund your new checking and/or savings account with the required minimum deposit. Maintain the required minimum balance in the account/s for 60 consecutive calendar days to earn corresponding cash bonus.

Account PackageMinimum Deposit and Minimum BalanceCash Bonus
Citigold Package$200,000$1,500
Citi Priority Account Package$50,000$700
Citibank Account Package$15,000
$300

Expires 6/30/2021

Citibank: Citigold Package - $1,500 Bonus

Open a new eligible checking and savings account in the Citigold Account Package.

Within 30 days of opening your account, deposit $200,000 New-to-Citibank funds into the checking and/or savings account.

Maintain a minimum balance of $200,000 between the checking and/or savings accounts for 60 consecutive calendar days.

Expires 6/30/2021

Citibank: Citi Priority Package - $700 Bonus

Open a new eligible checking and savings account in the Citi Priority Account Package.

Within 30 days of opening your account, deposit $50,000 New-to-Citibank funds into the checking and savings account.

Maintain a minimum balance of $50,000 between the checking and savings accounts for 60 consecutive calendar days.

Expires 6/30/2021

Citibank: Citi Account Package - $300 Bonus

Open a new eligible checking and savings account in the Citibank Account Package.

Within 30 days of opening your account, deposit $15,000 New-to-Citibank funds into the checking and savings account.

Maintain a minimum balance of $15,000 between the checking and savings account for 60 consecutive calendar days.

Expires 6/30/2021

TIAA Bank: Yield Pledge Checking Account - $150 Bonus

This offer is only available to current employees of an institution participating in TIAA Bank's Workplace Banking program who are opening their first TIAA Bank Yield Pledge checking account. Open a new Yield Pledge Checking account online from a participating institution's dedicated Workplace Banking webpage or by calling 833-880-8422. Use offer code 14627. Make one or more qualifying direct deposits totaling at least $1,000 that are credited to your new Yield Pledge Checking account within the first 90 days of the account opening. Bonus will be deposited to your account within 120 days of the account opening.

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