24 Best New Bank Account Promotions & Offers


It’s possible to make $100s just by opening up a new bank account. But sorting through the best offers can be tricky. There’s no shortage of enticing opportunities for banking clients right now.

We’re happy to do the work for you. The Money Crashers team combs through hundreds of bank account deals every month to find you the most lucrative sign-up bonuses – some worth up to $1,000 or more.

Don’t want to miss out? Read on for our roundup of the best bank promotions for this month and the requirements you must meet to qualify for each. Most are available to new customers in all 50 states, but a few have geographical restrictions to bear in mind.

Top Bank Account Promotions for April 2021

These are the top bank promotions active right now. They include a mix of high-yield checking accounts and high-yield savings accounts.

Many are available through popular brick-and-mortar and online banks that also offer competitive yields on other types of deposit accounts, such as money market accounts and certificates of deposit (CDs).

And if you’re in the market for a new home loan or personal loan, opening a deposit account with one of these banks could entitle you to special privileges, like reduced closing costs and lower interest rates.


1. TD Bank Beyond Checking℠ – $300 Cash Bonus

td bankApply online for a new TD Bank Beyond Checking account, and you’ll get a $300 cash bonus once you receive direct deposits of more than $2,500 within 60 days. To qualify for this offer, you must be a U.S. resident and apply for the offer online.

The Beyond checking account typically includes a $25 monthly maintenance fee, but it’s waived with monthly direct deposits of $5,000 or more, a minimum daily balance of $2,500, or a combined balance of $25,000 across your eligible TD accounts.

This offer is available to residents of the following states: CT, DE, DC, FL, ME, MD, MA, NH, NJ, NY, NC, PA, RI, SC, VT, VA.

Apply Now


2. TD Bank Convenience Checking℠ – $150 Cash Bonus

td bankAs an alternative to the TD Bank Beyond Checking offer above, you can apply online for a new TD Bank Convenience CheckingSM account, which has a much lower minimum balance requirement. You’ll get a $150 cash bonus once you receive direct deposits of more than $500 within 60 days.

To qualify for this offer, you must be a U.S. resident and apply for the offer online. The Convenience Checking account typically includes a $15 monthly maintenance fee, but it’s waived if you keep a low minimum daily balance of at least $100.

Students and young adults ages 17 through 23 qualify for additional perks, such as no monthly maintenance fee and no minimum balance requirements.

This offer is available to residents of the following states: CT, DE, DC, FL, ME, MD, MA, NH, NJ, NY, NC, PA, RI, SC, VT, VA.

Apply Now


3. Chase Total Checking® – $200 Bonus

chase bank logoOpen a new Chase Total Checking® account and make a qualifying direct deposit within 60 days. You’ll then receive a $200 bonus within 10 business days.

There is a $12 monthly fee, but it’s waived if you meet at least one of the following criteria in each monthly statement period:

  • Execute direct deposits totaling $500 or more made to the account.
  • Maintain a $1,500 minimum daily balance.
  • Maintain an average daily balance of $5,000 or more in qualifying linked deposits or investments.
  • Pay at least $25 or more in qualifying checking-related services or fees.

To receive this bonus, you can either apply online using the link above or enter your email here and take the coupon to a local Chase branch. You must apply by April 14, 2021.

Chase has ATMs and branches in the following states: AZ, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, KY, LA, MA, MI, NV, NJ, NY, OH, OK, OR, TX, UT, WA, WV, WI. This offer is available online nationwide, except for residents of AK, HI, and PR.

Apply Now


4. HSBC Premier Checking – Up to $600 Cash Back

hsbcOpen a new HSBC Premier Checking account and set up qualifying direct deposits to earn 3% cash back on qualifying direct deposits during the first six months your account is open, up to $600 total cash back ($100 maximum per month).

To earn the bonus, open your new Premier Checking account by June 30, 2021, and set up qualifying third-party direct deposits (at least one per calendar month) to your HSBC Premier checking account(s) per calendar month. You’ll earn 3% cash back on each qualifying direct deposit, up to $100 total per month and $600 total during the first six months your account is open. After completing the qualifying activities each month, you’ll receive your cash back for the month in your Premier Checking account within eight weeks.

Moving forward, avoid the $50 monthly maintenance fee by making recurring direct deposits totaling at least $5,000 per month or maintaining a combined minimum balance of $75,000 across all eligible personal and investment accounts.

Deposit products are offered in the U.S. by HSBC Bank USA, N.A., member FDIC.

Apply Now


5. HSBC Premier Checking – $450 Welcome Offer

hsbcHSBC has another great offer for new Premier Checking customers.

Here’s how it works. 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 three 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.

Apply Now


6. Aspiration – $100 Bonus

Aspiration LogoOpen a new Aspiration Spend & Save account and make at least $1,000 in cumulative purchases with your debit card during the first 60 days to earn a $100 cash bonus. Allow up to 120 calendar days from your account opening date for the credit to post to your Aspiration Spend & Save Account. Your account must be open and in good standing through the credit date.

Apply Now


7. Chase Business Complete Checking – $300 Bonus

Chase Bank LogoSmall-business owners (including sole proprietors) can take advantage of an attractive offer: $300 for new Chase Business Complete Checking customers who open an account and complete qualifying activities.

To qualify for this opportunity, simply open a new Chase Business Complete Checking account with qualifying activities. No minimum opening deposit is required. Moving forward, enjoy multiple ways to waive the $15 monthly service fee.

Chase has ATMs and branches in the following states: AZ, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, KY, LA, MA, MI, NV, NJ, NY, OH, OK, OR, TX, UT, WA, WV, WI. This offer is available online nationwide, except for residents of AK, HI, and PR.

Apply Now


8. SoFi Money – Up to $100 Cash Bonus

SoFi ReviewOpen a new SoFi Money account and complete qualifying activities to earn a cash bonus worth up to $100. Here’s how it works:

  • Open your new account and deposit $100 to earn $25
  • Set up a direct deposit worth at least $500 to earn an additional $75

That’s all you have to do to claim $100 in total bonus money. Moving forward, you’ll enjoy FDIC insurance on balances up to $1.5 million and an enviable lineup of perks exclusive to SoFi account holders.

Learn More


9. Bank of America Advantage Banking – $100 Bonus Offer

Bank of America Advantage BankingBofa New Logo 7 22 20 is an innovative checking account with a great bonus offer for new account holders.

See offer page for more details.

Bank of America Advantage Banking is a checking account with three settings: Advantage SafeBalance, Advantage Plus, and Advantage Relationship. Pick the one that works for you right now, and if your life changes, switch to another setting that fits the new you. It’s that simple.

  • Easy, Anytime Access: Visit Bank of America at thousands of financial centers and ATMs.
  • 24/7 Security: Total Security Protection® and fraud monitoring.  Safer sign-in, card locking features, and more.
  • Convenient Ways to Pay: Use your debit card or a digital wallet.
  • Smart Money Management Tools: Set custom alerts and savings goals.  Get cash-back deals and rewards customized for you.
  • Unauthorized Transactions: Bank of America’s $0 Liability Guarantee means that you’re not liable for unauthorized transactions made using your consumer debit card, as long as you report them promptly.
  • Debit Card Controls: Lock a missing card quickly and easily to prevent unauthorized use.
  • Custom Alerts: Know now and react fast to important account changes.  You can set custom alerts via email or text for things like a low balance, a pending deposit, an upcoming bill, and more.

Apply Now

Bank of America, N.A. Member FDIC.


10. Axos Bank Basic Business Checking – $100 Welcome Offer

Axos Bank LogoIf you incorporated your business after June 1, 2020, you may qualify for a $100 welcome bonus when you apply for and open a new Axos Bank Basic Business Checking account.

Here’s how to qualify:

  • Apply for your new Axos Bank Basic Business Checking account by March 31, 2021, using the promo code “NEWBIZ100”.
  • Deposit at least $2,500 in new money into your account.
  • Maintain an average daily balance of at least $2,500 during the first two months.

After completing the qualifying activities, you should receive your bonus within five business days. Your account must remain open for at least 180 days to avoid the $50 early closing fee.

Apply Now


11. Brex Cash — 50,000 Bonus Points

Brex LogoBrex Cash has a fantastic account opening offer for new customers, one that’s super easy to achieve.

To earn 50,000 bonus points, all you need to do is open a new Brex Cash account and spend $1,000 on purchases. That’s it.

Moving forward, you’ll pay no account fees and won’t be held to any minimum daily balance requirements. Plus, enjoy value-added perks worth as much as $150,000 and a generous ongoing rewards program.

Learn More


12. Acorns – $10 Bonus

Acorns LogoNew Acorns users qualify for an easy $10 with an eligible new account. Here’s how the promotion works:

  • Sign up with Acorns and open a new investment account.
  • Make your first investment in the new account (minimum $5).

That’s all you need to do to receive your $10 bonus. Upgrade to Acorns Personal ($3 per month) to take advantage of a slew of additional features, including a tax-advantaged retirement account and a checking account that promises up to 10% bonus investments on select purchases.

Apply Now


13. Bask Bank – 1,000 Bonus AAdvantage® Miles

Bask Bank LogoBask Bank offers a great opportunity for new account holders to earn American Airlines AAdvantage® miles during the first year after opening a Bask Savings Account.

Here’s how it works:

  • Deposit $5,000 in new money (funds not previously deposited with Bask Bank or its affiliates) into your new Bask Savings Account within 30 days of opening.
  • Maintain a $5,000 minimum balance in the account for at least 90 consecutive days within the first 120 days of account opening and you’ll receive 1,000 AAdvantage® miles.

Bask Bank awards bonus miles within 10 business days of confirming you’ve met the bonus requirements. Allow up to eight weeks for miles to post to your AAdvantage® account.

The value of this offer will be reported to the IRS and the recipient is responsible for any federal, state, or local taxes on this offer.

Apply Now

Bask Bank and BankDirect are divisions of Texas Capital Bank, N.A. Member FDIC. The sum of your total deposits with (i) Bask Bank; (ii) BankDirect; and (iii) Texas Capital Bank, N.A. are insured up to $250,000.  Additional coverage may be available depending on how your assets are held.


14. Wise — $100 Credit After Sign-up

Wise5e961d64942a2f00f64d30dc Primary P 800 is a user-friendly business banking and payments solution with an impressive offer — a $100 credit — for new account holders. All you need to do to claim it is open your account during the offer period and spend $1,000 on your Wise card within the first 30 days.

Moving forward, all Wise balances earn a 0.5% base incentive, credited monthly. Card purchases earn an additional cash-back incentive of 0.1% per $1,000 spent, up to 0.5% maximum on a $5,000 monthly spend. For most business users, that’s more than enough to offset the $10 monthly fee.

Apply Now


15. SunTrust Bank Checking & Savings Combo – Up to $500 Cash Bonus

For a limited time, open new eligible SunTrust Bank checking and savings accounts simultaneously (on the same day) using the promo code “CHKSAVQ221” and complete qualifying activities to earn a cash bonus worth up to $500.

Here’s how it works:

  • Open a new eligible SunTrust personal checking account (Advantage Checking or Essential Checking).
  • Complete at least 2 qualifying direct deposits totaling at least $500 within 90 days of account opening.
  • Open any new eligible SunTrust savings or money market account and deposit a qualifying balance ($15,000 or more) within 30 days.
  • Maintain the qualifying balance in the savings or money market account for at least 90 days from account opening.

You should receive your $500 cash bonus within four weeks of completing the qualifying activities, contingent upon SunTrust’s verification.

Additionally, depending on your total relationship balance with SunTrust and your account type, you could qualify for a loyalty cash bonus of up to 50% when you use your SunTrust Rewards Credit Card to earn cash rewards on purchases. Card approval is required to earn the loyalty cash bonus and is not guaranteed.

This offer applies to new SunTrust checking customers. New customers are defined as those without existing accounts or accounts closed within the past 180 days living in states in which SunTrust Bank has branches: AL, AR, FL, GA, MD, MS, NC, SC, TN, VA, and DC. Check SunTrust Bank’s website for availability in your area.

Apply Now


16. U.S. Bank — Up to $400 Cash Bonus

U.S. Bank is offering a cash bonus worth up to $400 for new checking account customers who open a Platinum, Gold, or Easy Checking package and complete the required qualifying activities.

To earn any bonus, you must open a qualifying new checking account by March 31, 2021, and enroll in e-statements by April 14, 2021. You must also complete at least two recurring direct deposits within 60 days of account opening. Bonuses are calculated based on cumulative deposit value:

  • $100 Bonus: Direct deposit value between $1,000 and $1,999.99
  • $200 Bonus: Direct deposit value between $2,000 and $3,999.99
  • $400 Bonus: Direct deposit value greater than $4,000

You should receive your full bonus amount within 60 days of direct deposit and e-statement verification. Your account must be open with a positive balance to receive the bonus.

Apply Now


17. SkyOne Federal Credit Union – Up to $525 Gift Card Bonus

Open a SkyOne Federal Credit Union membership with a qualifying account for the opportunity to earn up to $525 in Amazon gift cards. Here’s how this two-part promotion works:

  • First, apply for SkyOne membership and open a new eligible account with a $5 opening deposit. You’ll earn a $25 Amazon gift card just for opening your account and keeping it open in good standing for 30 days. You can open in-branch or online, but you must use the promo code “Ernesto” to secure the bonus.
  • Next, refer friends to SkyOne. For each successful referral, you’ll earn another $25 Amazon gift card, up to $500 in total gift card bonuses each year. A “successful referral” counts as an account opened in-person or online that remains open and in good standing for at least 30 days.

The account opening bonus is a one-time offer only, but you can earn up to $500 in gift cards every year with successful referrals. Moving forward, you must maintain a balance of at least $500 to earn dividends.

Apply Now


18. Regions Bank – Up to $100 Cash Bonus Each Year
regions bank

Open a new checking account at Regions Bank, either online or at a branch. Then open a Regions LifeGreen Savings Account with an opening deposit of $50 or more. Then, set up a recurring monthly transfer of $10 or more from your Regions checking account to your LifeGreen Savings Account and complete at least 12 monthly transfers.

Every year, you’ll receive a 1% savings bonus on your account anniversary date, based on your account’s average monthly balance for the preceding 12 months, up to the max annual savings bonus of $100. Your bonus should be deposited into your account on the business day following your anniversary date.

Apply Now


19. Citizens Bank — Up to $400 Checking Bonus

New Citizens Bank customers can take advantage of an attractive checking account bonus offer with two parts. Here’s how it works:

  • First, open your first new personal checking account by May 13, 2021, and execute a direct deposit of $500 or more within 60 days. You’ll receive a $300 bonus for completing this step.
  • Second, complete up to 50 qualifying debit card purchases within the first 60 days your account is open. You’ll receive a $2 bonus for each purchase, up to $100 in total potential bonus cash.

To qualify, you must not be a signer on any Citizens Bank account within the past six months. You should receive the bonuses within four months of completing the relevant qualifying activities.

Apply Now


20. Citizens Bank — $1,000 Bonus for College Savings

citizens bank logoCitizens Bank is currently offering a $1,000 bonus (plus interest) for those who sign up for a CollegeSaver savings account, an easy, manageable savings plan that will help you meet your college savings needs.

It’s an interest-bearing account, and if you open it before your child’s 12th birthday and save the monthly minimum amount every year, you’ll receive a $1,000 bonus (plus interest) when your child turns 18. Opening an account before your child turns 12 will only increase the savings.

This offer is only available in states where Citizens Bank has a physical presence, mostly in the northeastern U.S. Check Citizens Bank’s website for availability and other restrictions.

Apply Now


21. SunTrust Business Checking — $200 Bonus Cash

Suntrust LogoSunTrust, a financial institution based in the southeastern United States, has a great account opening promotion worth $200 for small-business owners. Here’s how it works:

  • Open a new eligible SunTrust business checking account (Simple Business Checking, Primary Business Checking, or Business Advantage Plus) by June 30, 2020.
  • Within 30 days of your account opening date, make cumulative qualifying minimum deposits of $1,500 or more into the account.

You should receive your reward within eight weeks of completing these requirements. Once your account is open, you’ll pay no monthly maintenance fees for the first two statement cycles. The offer page has more information about avoiding monthly maintenance fees after this promotional period ends.

This offer is for new customers only and is only available in states where SunTrust has a physical branch presence: AL, AR, FL, GA, MD, MS, NC, SC, TN, VA, and DC. Check SunTrust Bank’s website for availability in your area.

Apply Now


22. PNC Bank Business Checking or Business Checking Plus — $200 Cash Bonus

Pnc Bank LogoNew PNC Bank business checking account holders may qualify for a $200 bonus offer available through the end of the first quarter of 2021. Here’s how it works:

  • Open an eligible account (Business Checking or Business Checking Plus) by June 30, 2021.
  • Maintain a $5,000 (or greater) average cycle balance (account balance) for each of the first three statement cycles.
  • Complete 20 or more total qualifying debit card transactions within the first three statement cycles.

You should receive a $200 cash bonus in your new account within 90 days after completing these qualifying activities. Moving forward, you may be able to waive monthly maintenance fees for Business Checking and Business Checking Plus.

This offer is available nationwide.

Apply Now


23. Bank of the West — Up to $600 Bonus

Apply for a new Bank of the West Premier Checking account and Choice Money Market Savings account by April 23, 2021, and you could earn up to $600 in bonus cash. You’ll need to bring at least $35,000 to the table, however.

To earn a $500 Bank of the West Premier Checking bonus, do the following:

  • Apply for a new Premier Checking account by April 23, 2021 and open the account by May 7, 2021
  • Deposit at least $25,000 in new money (not held with Bank of the West or its subsidiaries) by the last day of the month in which the account is opened
  • Maintain an average monthly account balance of $25,000 or more for three full calendar months following your account opening date
  • Keep your account open past Aug. 31, 2021

If you complete these qualifying activities, you should receive your $500 bonus in the account by Sept. 30, 2021. Moving forward, you can avoid the $25 monthly maintenance fee by maintaining a combined $25,000 balance (or greater) in eligible Bank of the West accounts.

To receive a $100 Bank of the West Choice Money Market bonus, do the following:

  • Apply for a new money market account with identical ownership when you apply for your new Premier Checking account
  • Deposit at least $10,000 in new money into the account by the last day of the opening month
  • Maintain an average monthly account balance of $10,000 or more for three full calendar months
  • Keep your account open past Aug. 31, 2021

You should receive your $100 bonus in the account by Sept. 30, 2021. As long as your Premier Checking account remains open and in good standing, Bank of the West waives the $15 monthly maintenance fee on this account.

This offer is available in states where Bank of the West does business, including Arizona, California, Colorado, Idaho, Iowa, Kansas, Minnesota, Missouri, Nebraska, Nevada, New Mexico, North Dakota, Oklahoma, Oregon, South Dakota, Utah, Washington, Wisconsin, and Wyoming.

Apply Now


Final Word

Take your pick of these bank promotions. You’ve earned them. But don’t let bank account bonuses have the last word on where you choose to bank.

When choosing a bank, it’s important to find one that suits your needs – whether that’s favorable interest-bearing accounts, low or no fees, overdraft protection, access to potentially lucrative cash-back credit cards, or mobile-friendly online banking features.

Bank account promotions for new customers are wonderful, but taking advantage of permanent perks is a long-lasting bonus in its own right. You deserve a bank that’s willing to work every day to earn your business.

Editorial Disclosure: This content is not provided or commissioned by the bank advertiser. Opinions expressed here are author’s alone, not those of the bank advertiser, and have not been reviewed, approved or otherwise endorsed by the bank advertiser. This site may be compensated through the bank advertiser Affiliate Program.



Source link

Share via
Copy link