Bank Promotions: Hot Deals
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Many banks offer sign-up bonuses when you open a new account. Find out which banks are offering the heftiest cash bonuses here.
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Right now, new customers can get up to $300 bucks for opening a new savings or checking account.
To snag the bonus, you may need to keep the account open for a number of weeks or set up direct deposit. Some bank promotions are easier to qualify for than others (more on that below).
Read this review to compare the best deals for checking/savings and money market accounts, certificates of deposits and even business checking accounts.
Compare Checking Accounts
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Online-only banks don't have the expensive overhead that brick-and-mortar banks do. That's why they're able to pass along their savings to customers with higher interest rates and less fees. Plus, they're safe and FDIC-insured just like "big banks."
But the major downside is that they have no physical locations, so you need to do all of your banking on the web or mobile apps.
If you prefer in-person transactions, stick with physical branches. Otherwise, online banks are your best bet for maximizing earnings.
Citi Priority Account - Up to $1,500 Cash Bonus
- Earn up to $1,500 cash bonus when you open a new account with required activities
- Open a new eligible checking account in the Citi Priority Account during the offer period 1/5/22-7/17/22
- Within 20 days of opening, deposit $50,000 in New-To Citibank funds between the new checking and savings accounts
- Maintain a minimum balance of $50,000 in the checking account for an additional 60 consecutive calendar days from the 21st day
- After all required activities are met, the cash bonus will be deposited to your account within 90 calendar days
- Minimum Deposit to Open: $50,000
Chase Total Checking® - $200 Bonus
- New Chase checking customers enjoy a $200 bonus when you open a Chase Total Checking® account and set up direct deposit
- Access to 16,000 Chase ATMs and more than 4,700 branches
- Chase Mobile® app - Manage your accounts, deposit checks, transfer money and more -- all from your device.
- Open your account online now
- Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com.
- Chase Overdraft Assist℠: $0 overdraft fee when you overdraw your account $50 or less*
*We won't charge an overdraft fee if you are overdrawn $50 or less at the end of the business day. Chase may pay, for a $34 fee, overdraft transactions at our discretion based on your account history, deposits and transaction amount. If you've enrolled in Debit Card Coverage, everyday debit card purchases like groceries, may be approved at our discretion when you don't have enough money in your account.
- Minimum Deposit to Open: $0
- Direct Deposit Required: Yes
- Minimum Deposit Required: None
HSBC Premier Checking - $500 Welcome Deposit
- Receive a $500 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, using this offer page, by June 30, 2022.
- Make recurring Qualifying Direct Deposits totaling at least $10,000 per month 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 $500 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.
- Direct Deposit Required: Yes
- Minimum Deposit Required: $10,000/Month for 3 Months
Rewards Checking - Up to 1.25% APY
- Use Promo Code "MAY150" for a $150 bonus
- Up to 1.25% APY
- Zero monthly maintenance fees
- Zero overdraft or NSF fees
- Zero minimum monthly balance reqs
- Unlimited domestic ATM fee reimbursements
- Zero Minimum Balance Requirement
- Only $50 to open an account
- Minimum Deposit Required: $50
TD Beyond Checking - $300 Cash Bonus
- 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 Checking℠ account and any Savings and Money Market accounts. Plus, get free standard check orders, money orders, official bank checks and stop payments.
- Direct Deposit Required: Yes
- Minimum Deposit Required: $2,500 within 60 days
TD Convenience Checking℠ - $150 Cash Bonus
- Earn $150 when you receive direct deposits totaling $500 or more within 60 days
- Low minimum 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
- Direct Deposit Required: Yes
- Minimum Deposit Required: $500 within 60 days
Chase Secure Banking℠ - $100 Bonus
- New Chase checking customers enjoy $100 when you open a Chase Secure Banking℠ account with qualifying activities.
- No minimum deposit to open.
- No paper checks to track and no Chase fees on money orders or cashier's checks.
- Pay bills, cash checks and send money with Zelle® all for a $4.95 monthly service fee.
- Use the Chase debit card to help you spend only the money you have available, without worrying about overdraft fees.
- Bank from virtually anywhere with access to 16,000 Chase ATMs, more than 4,700 Chase branches, the Chase Mobile® app and Chase Online℠.
- Secure Banking customers told us they save an average of $50 a month on fees after opening their account.
- No need to worry about unauthorized card transactions when reported promptly with Zero Liability Protection.
- Minimum Deposit to Open: $0
- Direct Deposit Required: No
- Minimum Deposit Required: None
Aspiration Plus - Earn $200 Bonus
- Spend $1,000 Within First 60 Days and Receive $200
Aspiration Spend & Save - Earn $150 Bonus
- Spend $1,000 Within First 60 Days and Receive $150.
BMO Harris Premier™ Account - $350 Cash Bonus
Open a new BMO Harris Premier™ Account and get a $350 cash bonus when you have a total of at least $7,500 in qualifying direct deposits within the first 90 days of account opening. Offer is limited to one per customer and is not available for existing BMO Harris personal checking customers (including signers on joint accounts) or those who have closed a BMO Harris personal checking account within the past 12 months. Conditions apply.
- Direct Deposit Required: Yes
BMO Harris Smart Advantage™ Account - $200 Cash Bonus
Open a new BMO Harris Smart Advantage™ Account online and get a $200 cash bonus when you have a total of at least $4,000 in qualifying direct deposits within the first 90 days of account opening. Offer is limited to one per customer and is not available for existing BMO Harris personal checking customers (including signers on joint accounts) or those who have closed a BMO Harris personal checking account within the past 12 months. Conditions apply.
- Direct Deposit Required: Yes
BMO Harris Smart Money™ Account - $200 Cash Bonus
Open a new BMO Harris Smart Money™ Account online and get a $200 cash bonus when you have a total of at least $4,000 in qualifying direct deposits within the first 90 days of account opening. Offer is limited to one per customer and is not available for existing BMO Harris personal checking customers (including signers on joint accounts) or those who have closed a BMO Harris personal checking account within the past 12 months. Conditions apply.
- Direct Deposit Required: Yes
Easy Checking - $200 or $400 Bonus
- Enroll in online banking or the U.S. Bank Mobile App.
- Complete two or more direct deposits totaling $2,500 to $4,999.99 to earn $200
- Complete two or more direct deposits totaling $5,000 or more to earn $400
- Minimum Deposit to Open: $25
Gold Checking - $200 or $400 Bonus
- Enroll in online banking or the U.S. Bank Mobile App.
- Complete two or more direct deposits totaling $2,500 to $4,999.99 to earn $200
- Complete two or more direct deposits totaling $5,000 or more to earn $400
- Minimum Deposit to Open: $25
Platinum Checking - $200 or $400 Bonus
- Enroll in online banking or the U.S. Bank Mobile App.
- Complete two or more direct deposits totaling $2,500 to $4,999.99 to earn $200
- Complete two or more direct deposits totaling $5,000 or more to earn $400
- Minimum Deposit to Open: $25
Huntington 25 Checking® - $300 Bonus
To qualify for the $300 cash bonus, you are required to open a new, qualifying Huntington 25 Checking® during the promotional period between February 1, 2022 and June 7, 2022 and make cumulative new money deposits into the checking account of at least $25,000 or more within 60 days of account opening. "New money" is defined as money that is not currently on deposit in any Huntington account (except maturing CDs). Account must maintain an open status for at least 90 days before it is eligible for the bonus payment.
- Minimum Deposit Required: Make cumulative new money deposits of at least $25,000 within 60 days of account opening and keep your account open for a minimum of 90 days
Huntington 5 Checking® - $200 Bonus
To qualify for the $200 cash bonus, you are required to open a new, qualifying Huntington 5 Checking® or Huntington 25 Checking® account during the promotional period between February 1, 2022 and June 7, 2022 and make cumulative new money deposits into the checking account of at least $1,000 or more within 60 days of account opening. "New money" is defined as money that is not currently on deposit in any Huntington account (except maturing CDs). Account must maintain an open status for at least 90 days before it is eligible for the bonus payment.
- Minimum Deposit to Open: None
- Direct Deposit Required: No
- Minimum Deposit Required: Make cumulative new money deposits of at least $1,000 within 60 days of account opening and keep your account open for a minimum of 90 days
Asterisk-Free Checking® - $150 Bonus
To qualify for the $150 cash bonus, you are required to open a new, qualifying Asterisk Free Checking®, Huntington 5 Checking®, or Huntington 25 Checking® account during the promotional period between February 1, 2022 and June 7, 2022 and make cumulative new money deposits into the checking account of at least $1,000 or more within 60 days of account opening. "New money" is defined as money that is not currently on deposit in any Huntington account (except maturing CDs). Account must maintain an open status for at least 90 days before it is eligible for the bonus payment.
- Minimum Deposit to Open: None
- Direct Deposit Required: No
- Minimum Deposit Required: Make cumulative new money deposits of at least $1,000 within 60 days of account opening and keep your account open for a minimum of 90 days
Fifth Third Checking Account - $350 Bonus
Open an eligible Fifth Third Checking Account with qualifying activities. Have direct deposits totaling $500 or more within 90 days of account opening to qualify for bonus. The cash bonus will be deposited into your new checking account within 10 business days of completing qualifying activity requirements.
- Minimum Deposit Required: Make direct deposits totaling $500 or more within 90 days of account opening
Compare Savings Accounts
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What's the average savings interest rate? Not much if your money's sitting in a traditional bank. Compared to regular banks, online savings accounts yield much higher interest rates.
The average savings account interest rate is 0.09% but online banks can provide much more.
Take a peek at the top savings account promotions for both online and physical banks below.
Discover Online Savings - $200 Cash Bonus
To get your $150 or $200 Bonus: What to do: Apply for your first Discover Online Savings Account (online, by phone or Discover App). Enter Offer Code CY222 when applying. Deposit into your account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Deposit must be posted to account within 30 days of account open date. Maximum bonus eligibility is $200.
What to know: Offer not valid for existing or prior Discover savings customers or existing or prior customers with savings accounts that are co-branded, or affinity accounts provided by Discover. Eligibility is based on primary account owner. Account must be open when bonus is credited. Bonus will be credited to the account within 30 days of the account qualifying for the bonus. Bonus is interest and subject to reporting on Form 1099-INT. Offer ends 06/15/2022, 11:59 PM ET. Offer may be modified or withdrawn without notice. See advertiser website for full details.
Discover Online Savings - $150 Cash Bonus
To get your $150 or $200 Bonus: What to do: Apply for your first Discover Online Savings Account (online, by phone or Discover App). Enter Offer Code CY222 when applying. Deposit into your account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Deposit must be posted to account within 30 days of account open date. Maximum bonus eligibility is $200.
What to know: Offer not valid for existing or prior Discover savings customers or existing or prior customers with savings accounts that are co-branded, or affinity accounts provided by Discover. Eligibility is based on primary account owner. Account must be open when bonus is credited. Bonus will be credited to the account within 30 days of the account qualifying for the bonus. Bonus is interest and subject to reporting on Form 1099-INT. Offer ends 06/15/2022, 11:59 PM ET. Offer may be modified or withdrawn without notice. See advertiser website for full details.
CIT Savings Builder - 0.55% APY
Earn up to 0.55% APY. Here's how it works: Maintain a minimum balance of $25k OR make at least a $100 minimum deposit every month. Member FDIC
- Minimum Deposit Required: $100
CIT Bank Savings Connect - 0.90% APY
- Earn a competitive high yield savings rate with access and convenience features of an eChecking account.
- Earn 0.90% APY on Savings Connect and up to 0.25% APY on eChecking.
- Minimum of $100 for both the Savings Connect and eChecking to open ($200 total)
- Direct Deposit Required: Yes
- Minimum Deposit Required: $200
Online Savings Account - Earn 0.70% APY
- No fees
- No minimum opening deposit
- No minimum balance required
- Minimum Deposit to Open: $0
High Yield Savings - 1.01% APY
- 1.01% APY
- $100 minimum opening deposit
- No monthly service fees
- Minimum Deposit to Open: $100
High Yield Savings - Up to 0.61% APY
- 0.61% APY on balance < $25,000
- 0.25% APY on balance $25K-$100K
- 0.15% APY on balance > $100K
- No monthly maintenance fees
- No minimum balance requirements
- $250 minimum opening deposit
- Free incoming wires
- Zero minimum balance requirement
- Minimum Deposit Required: $250
Personal Capital Cash
- 0.65% APY (0.75% for Personal Capital advisory clients)
- $0 monthly fee
- Withdraw up to $100k per day
- $1.25 million in FDIC insurance
- Minimum Deposit to Open: $0
Business Savings
- Earn 0.20% APY
- $1,000 minimum opening deposit
- No monthly maintenance fees with $2,500 minimum average daily balance
- Minimum Deposit Required: $1,000
My Savings
- Relationship pricing 0.20% / 0.30% (direct deposit of $1K)
- $100 minimum opening deposit
- No monthly service fee
- No minimum balance requirement
- Minimum Deposit Required: $100
UFB Savings - Earn up to 0.81% APY
- Earn up to 0.81% APY*
- No monthly maintenance fees
- No minimum deposit required to open an account
Compare Money Market Accounts
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Money market accounts offer some of the highest APYs available. And as a cross between a checking and high-yield savings account, they're a risk-free way to boost your savings. In exchange for a better interest rate, you must maintain a higher balance.
Major perks of money market accounts include:
- Higher interest rates
- No maturity dates or early withdrawal penalties
- FDIC-insured up to $250,000
Money market accounts are awesome for building an emergency fund and short-term money goals.
Money Market Account - Get a Year of Amazon Prime
- Open a new Money Market account using promo code AMZN22.
- Fund your account with $15,000 within 15 days.
- Keep a minimum balance of $15,000 for 60 days.
Money Market Account - Up to 0.85% APY
- Earn 0.85% Annual Percentage Yield
- No monthly maintenance or overdraft fees
- $100 minimum deposit required to open an account
- Minimum Deposit to Open: $100
Money Market Account
- Earn 0.60% APY for balances under $100,000
- Earn 0.65% APY for balances $100,000 and over
- Minimum Deposit Required: $2,500
High Yield Money Market - 0.25% APY
- 0.25% APY on all balance tiers
- No minimum balance requirements
- No fees to open or maintain account
- Free Visa debit card
- Free online bill pay, free limited checks, and free limited online check images
- FDIC Insured
- Minimum Deposit Required: $1,000
Money Market Account - 0.75% APY
- 0.75% APY
- No monthly service fee
- No limits on withdrawals
- Minimum Deposit to Open: $1
UFB Money Market Account - Earn up to 0.81% APY
- Earn up to 0.81% APY*
- No monthly maintenance fees with a $5,000.00 balance, otherwise fee is $10.00 per month
- No minimum deposit required to open an account
- UFB Money Market offers the security of a savings account with check-writing privileges.
Compare CD Rates
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CD accounts are best for short-term savings goals. You can save up for a vacation or new car without being tempted to dip into your funds early.
They pay higher interest rates than traditional savings accounts. But your money's tied up for a period of time. You can choose a term as short as three months or as long as five years. The longer the term, the bigger the returns. And the best CD rates are usually at online banks.
Note, if you decide to withdraw money sooner, you'll be penalized a few months' worth of interest.
CD Rates - Up to 2.85% APY
- $500 minimum opening deposit
- FDIC insured
| Term | CD Rates |
|---|---|
| 6 Months | 1.10% APY |
| 1 Year | 1.85% APY |
| 2 Years | 2.45% APY |
| 3 Years | 2.75% APY |
| 5 Years | 2.85% APY |
- Minimum Deposit to Open: $500
CIT Bank Term CDs
- Up to 0.50% APY
- $1,000 minimum opening deposit
- No monthly maintenance fee
| Term | CD Rates |
|---|---|
| 6 Month | 0.30% APY |
| 1 Year | 0.30% APY |
| 13 Month | 0.30% APY |
| 18 Month | 0.30% APY |
| 2 Year | 0.40% APY |
| 3 Year | 0.40% APY |
| 4 Year | 0.50% APY |
| 5 Year | 0.50% APY |
- Minimum Deposit Required: $1,000
Certificate of Deposit
- 1.50% APY for 12-month term
- 2.20% APY for 36-month term
- 2.75% APY for 5-year term
- Minimum Deposit Required: $2,500
Next up, take a look at business checking promotions. They don't come around nearly as often as personal checking bonuses. If you run a small business, take advantage of these limited time offers.
Compare Business Checking Accounts
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It's crucial to separate your personal and business finances for legal, tax and organizational purposes. But finding the right business bank account isn't easy.
Small business owners should look for low fees/minimum balance and a personal, customer relationship. Some banks are also offering generous welcome bonuses for dedicated business bank accounts.
If you need more details on how to choose a business bank account, check out this in-depth guide.
Chase Business Complete Banking℠ - $300 Bonus
- Earn $300 when you open a new Chase Business Complete Checking account. For new Chase business checking customers with qualifying activities.
- Multiple ways to waive the Monthly Service Fee, including maintaining a minimum daily balance or purchases on your Chase Ink® Business credit card.
- Built-in card acceptance. 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 QuickDeposit℠.
- Convenient access to 16,000 ATMs and more than 4,700 branches.
- Minimum Deposit to Open: None
- Direct Deposit Required: No
- Minimum Deposit Required: $2,000 within 30 business days
Business Checking - Up to 1.5% APY
- 1.5% APY on your balance up to $100,000 for customers that meet monthly eligibility requirements
- $0 minimum opening deposit
- $0 monthly service fee
- Minimum Deposit to Open: $0
Powerfully Simple Business Banking
- $0 monthly service fee
- $50 deposit to unlock all features
- Unlimited ATM fee rebates
- Minimum Deposit to Open: $50
Basic Business Checking
- New business owners get a $200 welcome bonus!
- Zero monthly maintenance fees
- Unlimited Transactions
- Unlimited domestic ATM fee reimbursements
- $0 Minimum Opening Deposit requirement
- 2 Free Domestic Wires, monthly
- Cash Deposit capability via MoneyPass and AllPoint networks
- Direct Deposit Required: No
- Minimum Deposit Required: 0
Business Interest Checking - 1.01% APY
- New business owners get a $200 welcome bonus!
- Earn up to 1.01% APY*
- $100 minimum opening deposit
- Pay no monthly maintenance fee with an average daily balance of at least $5,000
- Unlimited domestic ATM fee reimbursements
- Up to 100 free items per month, $0.50 per item thereafter (includes debits, credit, and deposited items)
- Up to 60 items per month for Remote Deposit Anywhere (includes monthly per item processing limitation)
- Minimum Deposit to Open: $100
Business Checking
- $0 monthly service fee
- $0 minimum opening deposit
- Open up to 20 individual business checking accounts
- Issue up to 50 Mastercard® debit cards to your team
- Minimum Deposit to Open: $0
NorthOne Business Banking
- Unlimited envelopes for all your business budgets
- Integrations with popular accounting and payment processing apps
- Free invoice maker
- $50 minimum opening deposit
- $10 monthly fee
- Minimum Deposit to Open: $50
Business Checking 100 - $100 Bonus
To be eligible for the $100 cash bonus, business customer must open a new Huntington Business Checking 100, Unlimited Business, Unlimited Plus Business, Business Analyzed, Business Non Profit Analyzed, or Business Non Profit Interest Checking account by July 7, 2022 then make a minimum cumulative new money deposit into the new checking account of at least $2,000 within 60 days of account opening.
"New money" is defined as money that is not currently on deposit in any Huntington account (except maturing business CDs). Account must maintain an open status for at least 90 days before it is eligible for the bonus payment. All new accounts subject to account opening approval and account conversions are not eligible. An Early Account Closing Fee will apply to accounts closed within 180 days of opening.
- Minimum Deposit to Open: None
- Direct Deposit Required: No
- Minimum Deposit Required: Make cumulative new money deposits of at least $2,000 within 60 days of account opening and keep your account open for a minimum of 90 days
Unlimited Business Checking - $400 Bonus
To be eligible for the $400 cash bonus, business customer must open a new Huntington Unlimited Business, Unlimited Plus Business, Business Analyzed, Business Non Profit Analyzed, or Business Non Profit Interest Checking account by July 7, 2022, then make a minimum cumulative new money deposit into the new checking account of at least $5,000 within 60 days of account opening.
"New money" is defined as money that is not currently on deposit in any Huntington account (except maturing business CDs). Account must maintain an open status for at least 90 days before it is eligible for the bonus payment. All new accounts subject to account opening approval and account conversions are not eligible. An Early Account Closing Fee will apply to accounts closed within 180 days of opening.
- Minimum Deposit to Open: None
- Direct Deposit Required: No
- Minimum Deposit Required: Make cumulative new money deposits of at least $5,000 within 60 days of account opening and keep your account open for a minimum of 90 days
Unlimited Plus Business Checking - $750 Bonus
To be eligible for the $750 cash bonus, business customer must open a new Huntington Unlimited Plus Business, Business Analyzed or Business Non Profit Analyzed Checking by July 7, 2022, then make a minimum cumulative new money deposit into the new checking account of at least $20,000 within 60 days of account opening.
"New money" is defined as money that is not currently on deposit in any Huntington account (except maturing business CDs). Account must maintain an open status for at least 90 days before it is eligible for the bonus payment. All new accounts subject to account opening approval and account conversions are not eligible. An Early Account Closing Fee will apply to accounts closed within 180 days of opening.
- Minimum Deposit to Open: None
- Direct Deposit Required: No
- Minimum Deposit Required: Make cumulative new money deposits of at least $20,000 within 60 days of account opening and keep your account open for a minimum of 90 days
Bottom Line
Seriously, everyone could use some extra cash. And that bonus money is a great way to kickstart your shiny new bank account.
Bank promotions are constantly updated throughout the year - so be sure to bookmark this page. You can compare these offers with other popular bank bonuses.
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.
This content is not provided by Citi. Any opinions expressed are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by Citi.
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