51 Best New Bank Account Promotions & Bonuses (January 2021)

Banks used to offer t-shirts and toasters to get new customers to open an account.

Today, they offer bonus money for you to open an account and, in many cases, set up a direct deposit from your employer or government benefits. Some don’t even ask for that.

On this page, I’m going to share the best bank promotions I know about, both checking account offers and savings account offers and bonus sign up offers worth considering.

The minimum promotional bonus is $100 to get on this list and most banks will do a soft pull of your credit report for identity confirmation purposes. Some may do a hard pull but it’s rarer, so check that first if it’s a concern for you.

The list only contains bonuses for personal bank accounts. If you need an account for your business, see our list of business bank account bonuses and promotions.

We share our favorite bonuses and you can scroll down for more details on each bonus:

#BOAoffer

Bank of America $100 New Checking Account Bonus

Bank of America will give you a $100 cash bonus if you open a new account by June 30th, 2021 and receive at least 2 qualifying direct deposits of $250 or more within the first 90 days. The monthly fee is easy to get waived.

BankBonus*Minimum Deposit
for Bonus
Direct Deposit
Required?
Chase$200N/AYes
Citibank$200, $400, $700$5,000 – $50,000No
HSBC$240N/AYes
PNC Bank$200N/AYes
TD Bank$150 – $300N/AYes
SunTrust / Truist$1,000N/AYes
Commerce Bank$200 – $500N/ANo
SoFi Money$50N/ANo
Alliant Credit Union$100N/ANo

*Terms and conditions of each offer will apply

An N/A for “Minimum Deposit for Bonus” indicates the bonus offer does not have a required minimum for the account. The account itself may have minimums to avoid monthly maintenance fees but it doesn’t have one to get the bonus.

Table of Contents
  1. Chase Total Checking — $200
  2. Citibank — $300 to $700
    1. Citi Account Package — $300
    2. Citi Priority Account Package — $700
  3. HSBC Advance Checking – $240
  4. HSBC Premier Checking – $600
  5. SoFi Money — $50
  6. Marcus by Goldman Sachs — $100
  7. Alliant Credit Union — up to $100
  8. PNC Bank — $50, $200, or $300
  9. Commerce Bank CommerceRelationship Checking — $500
  10. Commerce Bank Free Checking — $200
  11. TD Beyond Checking — $300
  12. TD Convenience Checking — $150
  13. Huntington 5 Checking – $200
  14. Huntington Asterisk-Free Checking — $150
  15. KeyBank Checking Account — $200
  16. Comerica Bank Checking — $200
  17. Associated Bank Checking — up to $500
  18. SunTrust Advantage Checking — $1,000
  19. Santander Simply Right Checking — $225
  20. Regions Bank — $400
  21. BMO Harris Checking — up to $350
    1. BMO Harris Smart Premier™ Account — $350
    2. BMO Harris Smart Advantage Account — $200
  22. M&T Bank Checking — up to $250
  23. Citizens Bank — up to $600
  24. Fulton Bank Simply Checking — $200 [EXPIRED]
  25. Bank of the West — $250 [EXPIRED]
  26. Fidelity Bank — $500 [EXPIRED]
  27. Fifth Third Bank — $250
  28. FirstBank Bloom — $300
  29. Armed Forces Bank — $100 [EXPIRED]
  30. Penfed Credit Union — $200 [EXPIRED]
  31. Sunflower Bank — $200
  32. Iberia Bank — up to $400
  33. Unify Financial Credit Union — $150
  34. First Horizon Checking — up to $400 [EXPIRED]
  35. U.S. Bank — $400
  36. CapitalOne 360 Checking Account — $400
  37. CapitalOne 360 Performance Savings — up to $500 [EXPIRED]
  38. Columbia Bank Advantage Plus Checking — $200
  39. Expired Offers
  40. Conclusion

Chase Total Checking — $200

Chase has long been tops in promotional offers and their richest offer accessible to most consumers is the Chase Total Checking account. You haven’t seen high dollar bonuses until you’ve seen a Chase bank promotion! I’ve previously covered it on our Chase promotions page.

To get the $200, open a new account, set up, and get a direct deposit within 60 days and you’ll be awarded the bonus within 10 business days. You must keep the account open for at least six months or they take back the bonus.

There is a $12 monthly service fee that is waived if you have a monthly direct deposit of $500+ or keep a minimum daily balance of $1,500 or have $5,000+ in any combination of qualifying Chase checking, savings, and other balances.

For this and other Chase bank promo offers, you can open your account online or request a coupon and bring it to a physical location to open your account.

Available online nationwide except in Alaska, Hawaii, and Puerto Rico. For branch locations, visit locator.chase.com.

Get $200 from Chase Total Checking


Citibank — $300 to $700

Citibank has always been known for their promotions and their lineup is what you’d expect from a major bank.

Citi has a promotional offer that pays a bonus based on the amount you deposit New-to-Citibank. There is no direct deposit requirement.

Citi Account Package — $300

  • Open a new checking account in the Citibank Account Package .
  • Within 30 days of opening your account deposit $15,000 New-to-Citibank funds into the new checking account.
  • Maintain a minimum balance of $15,000 for 60 days.
  • Get $300 deposited to your account!

Learn more about this offer
(Offer expires 4/1/2021)

Citi Priority Account Package — $700

  • Open a new checking account in the Citibank Priority Account Package by 4/1/2021.
  • Within 30 days of opening your account deposit $50,000 New-to-Citibank funds into the new checking account.
  • Maintain a minimum balance of $50,000 for 60 days.
  • Get $700 deposited to your account!

Learn more about this offer
(Offer expires 4/1/2021)


HSBC Advance Checking – $240

Get up to $240 with a 3% Cash Bonus Checking Offer when you open a new HSBC Advance checking account and complete the following qualifying activities.

Open your new HSBC Advance checking account online by March 31, 2021; and

Set up Qualifying Direct Deposits into your new HSBC Advance checking account; and then

Enjoy 3% Cash Bonus, up to $240, on Qualifying Direct Deposits up to $40 per month, during the first 6 calendar months after account opening

You will automatically receive the 3% Cash Bonus in your new HSBC Advance checking account approximately eight weeks after completing that month’s qualifying activities.

Get $350 from HSBC Advance Checking


HSBC Premier Checking – $600

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 March 31, 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.

Get $700 from HSBC Premier Checking

Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC.
The information, including rates and fees, presented in the review is accurate as of the date of the review. Please refer to issuer website and application for the most current information.
We may be paid for the content on this site.


SoFi Money — $50

SoFi Money is an online savings account that currently yields 0.25% APY and gives you free ATM access anywhere. They’re best known for student loan refinancing but their banking offer looks pretty good. Their bonus is only $50 but you only need to deposit at least $500 - there is no direct deposit required. There are no account fees too so you never have to be concerned you’ll be dinged a fee.

Then, you can refer your friends to do the same. You get $50, they get $50, and everyone wins!

For a full review, click here to see our deep dive into the SoFi Money account. We also compiled a list of other SoFi promotions too.

Learn more about SoFi Money


Marcus by Goldman Sachs — $100

Marcus by Goldman Sachs is a savings account that will give you $100 when you deposit $10,000 or more in new funds into a new or existing Online Savings Account within 10 days of enrollment. This can be a new or existing account but the funds have to new to Marcus and then stay there for at least 90 days. If you have an existing account, you must add an additional $10,000 to the current balance at the time of enrollment.

Bonus is deposited 14 days after you satisfy the requirements.

A nice perk is that this account pays interest – 0.50% APY – not fantastic but better than zero!

Learn more about about this offer

(Offer expires 2/12/2021)


Alliant Credit Union — up to $100

Alliant Credit Union has partnered with Suze Orman for “The Ultimate Opportunity Savings Account” where you can get up to $100 by opening a new Alliant Credit Union account. Just open it by March 31st, 2021 and make deposits $100 a month for 12 months. These aren’t direct deposits, you just need to transfer at least $100 per month for a full year. The first transfer must be made within 30 days of opening the account, then you must make a deposit each calendar month after that. After the 12 months, they deposit the $100 bonus.

No monthly maintenance fees if you opt for eStatements.

Learn more about about this offer
(Offer expires 3/31/2021)


PNC Bank — $50, $200, or $300

PNC Bank will give you a $50 reward if you open up a new PNC Virtual Wallet account and establish total qualifying direct deposits of $500 or more.

They will make it $200 if you open a Virtual Wallet with Performance Spend and establish total qualifying direct deposits of $2,000 or more.

It increases to $300 if you open a new Virtual Wallet with Performance Select and establish a total qualifying direct deposit(s) of $5,000 or more to your new Spend account

The three accounts have different fee structures so double-check what you need to do to avoid those.

Learn more
(Offer expires 12/31/2020)


Commerce Bank CommerceRelationship Checking — $500

Cmomerce Bank will give you a $500 bonus if you open a CommerceRelationship Checking account with $100 by 1/29/2021.

Then, make 10 debit card purchases within 60 days and have at least $2,500 in your account at the end of daily processing 60 days after you open the account. Open to residents of Missouri, Kansas, Illinois, Oklahoma and Colorado.

That’s it!

Learn more
(Offer expires 1/29/2021)


Commerce Bank Free Checking — $200

Cmomerce Bank will give you a $200 bonus if you open a Free Checking account with $25 by 1/29/2021.

Then, make 10 debit card purchases within 60 days and have at least $25 in your account at the end of daily processing 60 days after you open the account.

As you can see, this account bonus is slightly easier (but also had a solid bonus) to accomplish. Open to residents of Missouri, Kansas, Illinois, Oklahoma and Colorado.

Learn more
(Offer expires 1/29/2021)


TD Beyond Checking — $300

TD Bank is a big bank that offers some great new account bonuses when you open a TD Bank account.

Open a TD Bank Beyond Checking account, set up and receive direct deposits of $2,500 or more within 60 days of opening your account, and get a $300 cash bonus. Offer is available to new personal checking Customers who do not have an existing or prior personal checking account at TD Bank.

There is a $25 per month maintenance fee that is waived if you can satisfy one of these conditions:

  • Receive monthly direct deposits of $5,000 or more, or,
  • Maintain a minimum daily balance of at least $2,500, or,
  • Maintain a combined balance of $25,000 across eligible TD accounts.

Available to residents of CT, DE, DC, FL, ME, MD, MA, NH, NJ, NY, NC, PA, RI, SC, VT, and VA..

Learn more


TD Convenience Checking — $150

Open a TD Bank Convenience Checking account, set up and receive direct deposits of more than $500 within 60 days of opening the account, and get a $150 cash bonus.

There is a $15 per month maintenance fee that is waived if you maintain a daily balance of at least $100. Also, students and young adults aged 17 through 23 will get additional perks like no minimum balance requirements and no monthly maintenance fee.

Offer is available to new personal checking Customers who do not have an existing or prior personal checking account at TD Bank.

Available to residents of CT, DE, DC, FL, ME, MD, MA, NH, NJ, NY, NC, PA, RI, SC, VT, and VA..

Learn more


Huntington 5 Checking – $200

Huntington Bank has a slew of offers starting with $200 if you open a Huntington 5 Checking account (either online or in a branch) and make cumulative deposits of at least $1,000 within sixty days of opening your account. Then, just keep your account open for at least 90 days and you’ll get $200. This is only open to residents of Illinois, Indiana, Kentucky, Michigan, Ohio, Pennsylvania, or West Virginia.

One key point – the Huntington 5 Checking account has a $5 monthly maintenance fee. You can get it waived if you keep $5,000 in Total Relationship Balance ($5k total in all of your accounts).

Learn more about Huntington 5 Checking
(Offer expires 4/7/2021)


Huntington Asterisk-Free Checking — $150

Alternatively, there is a $150 bonus when you open a Huntington Asterisk-Free Checking account (can be online or in a branch) and make cumulative deposits of at least $1,000 within sixty days of opening your account. Then, keep the account open for 90+ days and you will see $150 deposited into your account. Again, offer open to residents of .

The Asterisk-Free Checking account has no monthly maintenance fees and no minimum deposit.

Learn more about Asterisk-Free Checking
(Offer expires 4/7/2021)


KeyBank Checking Account — $200

KeyBank runs several promotions but the public one available to all gives you $200 when you open a Key Advantage Checking, Key Privilege Checking, or Key Privilege Select Checking® account with offer code ONAS1120 and make one direct deposit of at least $500 within 60 days.

Keep an eye on the monthly fees and what you need to do to get them waived. They differ based on the type of account and the minimum deposit amount is $50. Full details on the promotion page. Also, if you close your account within 180 days of opening it, they will charge a $25 account early closure fee.

Offer code ONAS1120 and enter your reservation number if prompted.

(Only available in Albany NY, Colorado, Columbus OH, Central IN, Connecticut, Maine, Oregon, Seattle WA, and Utah.)

Learn more about the KeyBank promotion
(Offer expires 1/22/2021)


Comerica Bank Checking — $200

Comerica Bank will give you $200 when you open a Comerica Access Checking account and set up and receive three consecutive direct deposits of at least $500 each within 90 days of account opening. Once you do that, $200 cash will be deposited within 30 days once your eligibility and bonus requirements have been met. The deposit has to be of your paycheck, pension, or government benefits like Social Security.

The account has no monthly maintenance fee if you have a qualifying direct deposit. Comerica has branches in Arizona, California, Florida, Michigan, and Texas and you need to be in their geographic footprint to open an account.

Learn more
(No expiration shown)


Associated Bank Checking — up to $500

Associated Bank has a promotion associated with their three tiers of checking and savings account – the Associated Access Checking, Associated Balanced Checking, and Associated Choice Checking. Just open an account with the required minimum balance (shown below) and get a bonus based on how much you have in your account after 60 days for a period of 30 days.

For the Associated Access Checking, you need to open it with at least $25.
For the Associated Balanced Checking, you need to open it with at least $100.
For the Associated Choice Checking, you need to open it with at least $100.

Then, after 60 days, get a bonus based on your average daily balance over days 61-90:

  • For amounts $1,000 to $4,999.99 – you earn $200;
  • For amounts $5,000 to $9,999.99 – you earn $300;
  • For amounts over $10,000 – you earn $500;

Check the fees on each of those accounts because they will vary.

Learn more
(Offer expires 5/31/2021)

SunTrust Advantage Checking — $1,000

SunTrust will give you $1,000 when you open up a New Advantage Checking Account. SunTrust and BB&T merged to form Truist Bank so any future promotions will likely be tied to that bank name!

To get the $1,000, you must open a New Advantage Checking Account. Then, within the first three months, make sure you’re receiving $500 or more in total qualifying monthly Direct Deposits per statement cycle within 90 days.

You also need to open a new savings or MMA account and deposit new cash (the bonus is based on how much you deposit):

  • Less than $10,000 = $300
  • $10,000 – $24,999.99 = $400
  • $25,000 – $49,999.99 = $600
  • $50,000 -$99,999.99 = $800
  • $100,000 or more = $1,000

Open to residents of Alabama, Arkansas, Georgia, Florida, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, or the District of Columbia..

The promotional code for this offer is CHKSAVQ121 and you can open it online or in a branch by requesting a coupon.

There is a $20 monthly fee but it’s relatively easy to satisfy (the bonus condition would satisfy it if you kept it up).

Learn more
(Offer expires 3/31/2021)


Santander Simply Right Checking — $225

Open a Simply Right Checking account with the promotion code that is shown after you enter your email address. Then, just satisfy a few conditions to get $225 from Santandar Bank. This offer has been available for several months and just keeps getting refreshed each month.

The conditions are easy:

  • receive direct deposits totaling $1,000 or more in your account within the first 90 days,
  • keep the account open for at least 90 days,
  • get paid!

You can’t be a current checking customer of Santander or had a checking account in the last 12 months. Available to residents of .

Learn more about this offer
(Offer expires 12/31/2020)

Regions Bank — $400

Regions Bank has a promotion for customers with an existing Regions mortgage loan. You can can get $400 when you open a new REgions LifeGreen checking account and make $500 or more of qualifying ACH direct deposits such as payroll or government payment, within 30 days of checking account opening date or loan close date (whichever is later). The requirement of a mortgage loan makes this a more limited offer.

Available to residents of . Make sure to read the terms very carefully to ensure you qualify.

Learn more
(Offer expires 12/31/2020)


BMO Harris Checking — up to $350

BMO Harris was running a promotion where you can get $200 or $350 when you open one of their checking accounts. You must be a resident of AZ, FL, IL, IN, KS, MO, MN and WI (you can open online but the residency requirement still applies).

BMO Harris Smart Premier™ Account — $350

Open a BMO Harris Smart Premier Account and receive a total of $7,500 or more qualifying direct deposits within the first 90 days. This account offers a tiered interest rate that is based on your balance. There is a $25 monthly fee but you can get it waived if you have a $10,000 minimum daily balance or $25,000 combined balance with Relationship Waiver (that’s where they link up your accounts but you have to set this up). Bonus is paid out in approximately 100 days.

BMO Harris Smart Advantage Account — $200

If the Smart Premier Account requirements were too high, BMO Harris will give you $200 when you open a Smart Advantage Account and receive a total of $4,000 or more qualifying direct deposits within the first 90 days. There is no minimum balance and there no monthly fees if you go with paperless statements.

You can apply online or request a coupon and bring it to a local branch. Check the requirements to avoid the monthly fees with each of those accounts, most of which are easy to achieve.

Learn more about this offer
(Offer expired 1/29/2021)


M&T Bank Checking — up to $250

M&T Bank is offering a new account promotion that’s easy to get. Open a new checking account and receive at least $500 in qualifying direct deposits within 90 days of account opening. You’ll get the bonus deposited within 90 days of the direct deposit.

This offer isn’t nationwide, go to the promotional webpage and enter your ZIP code to see if you qualify and for what amounts.

M&T Bank has branches in Connecticut, Delaware, Maryland, New Jersey, New York, Pennsylvania, Virginia, and Washington D.C., West Virginia.

Learn more
(Offer expires 4/5/2021)


Citizens Bank — up to $600

Citizens Bank will give you up to $600 to open a checking account and satisfy a few conditions. This offer is available in Connecticut, Delaware, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, and Vermont.

The deal is a few steps – first, open a new Citizens Bank checking account and receive a direct deposit of $500 or more within 60 days, get an additional $200 when you open a savings account with a minimum of $15,000 (new money), and $100 when you do both.

Learn more
(This offer expires 1/21/2021)


Fulton Bank Simply Checking — $200 [EXPIRED]

Open a Simply Checking account and satisfy a few conditions to get $200 from Fulton Bank. The Simply Checking account has no monthly maintenance fees, no minimum balance, no minimum transaction requirements, and the Relationship Rewards Visa® Debit Card has no annual fee. You can open an account with just $25.

The conditions are super easy:

  • Set up a recurring direct deposit totaling $250 or more, OR,
  • Make 15 debit card purchases within 60 days

Available to residents of Delaware, Washington D.C., Maryland, New Jersey, Pennsylvania, and Virginia.

Get $225 from Fulton Bank
(No expiration date shown but landing page doesn’t go to the offer anymore)


Bank of the West — $250 [EXPIRED]

Bank of the West will give you $250 cash when you open an Any Deposit Checking account and set up a direct deposit with your employer or benefits provider. If you make direct deposits totaling $1,000 or more per month for three months in a row, they give the cash. The account has no monthly fee with any deposit per statement cycle (otherwise $10) and it takes just ten minutes to open the account.

You can open an account online or go into a branch but you must be a resident of Arizona, California, Colorado, Idaho, Iowa, Kansas, Minnesota, Missouri, Nebraska, Nevada, New Mexico, North Dakota, Oklahoma, Oregon, South Dakota, Utah, Washington, Wisconsin or Wyoming.

Learn more about the Bank of the West promotion
(Offer expired 12/4/2020)


Fidelity Bank — $500 [EXPIRED]

Fidelity Bank is a community bank headquartered in Dunmore, PA and founded in 1903. They’re publicly traded under the ticker FDBC and they offer a $500 welcome bonus if you open a new checking account and satisfy a few conditions.

The minimum to open a checking account is $25 and you just have to:

  • Set up direct deposits or recurring credits of $3,000 per month for three consecutive months,
  • Sign up for EZ statements (electronic)
  • Use your debit card 5 times per month for three consecutive months

The most basic account, their Reliance Checking, has a $7 monthly fee that can be waived if you maintain a $1500 average daily balance or a $400 aggregated monthly direct deposit or 10 points of sale uses of your Fidelity Visa Check Card each month.

Get $500 from Fulton Bank
(No expiration date shown)


Fifth Third Bank — $250

Fifth Third Bank will give you a $250 bonus if you open a Fifth Third checking account and make direct deposits totaling $1,000 or more within 60 days of account opening. The Fifth Third Essential, Enhanced, Preferred, Free Checking or Free Checking plus Extra Time are all qualifying accounts.

You can do open an account at a branch or apply online, which is great for times like now. Your cash bonus is deposited within 10 days of meeting the requirements.

This is only available to new customers and you can only get one new account-related gift incentive each calendar year. Valid for customers in their service area, which includes FL, GA, IL, IN, KY, MI, NC, OH, TN, and WV.

Learn more
(Offer expires 3/31/2021)


FirstBank Bloom — $300

FirstBank, with branches in Colorado, Arizona, and California; is offering a $300 bonus if you open a FirstBank Bloom Package with very simple requirements.

  • Just open a Bloom package between now and March 3, 2021,
  • Enroll in online banking,
  • Have at least one qualifying direct deposit of $500 or more for 3 consecutive months.

You can enroll online or bring it to a branch to open. The direct deposit must be payroll, pension, Social Security or other recurring government benefits and must be a single direct deposit. You must keep the account open for at least 12 months or the bonus “can be revoked.”

Learn more
(Offer expires 3/31/2021)


Armed Forces Bank — $100 [EXPIRED]

Armed Forces Bank will give you $100 when you open a new online checking account ($25 minimum opening balance) and:

  • Set up a direct deposit with at least one deposit prior to December 31st,
  • Use your debit card at least 12 times before December 31st.

Bonus is deposited into your account in January 2021. There is a $10 fee that is waived if you use your debit card 12 times per statement OR have a direct deposit.

Learn more
(Offer expires 11/30/2020)


Penfed Credit Union — $200 [EXPIRED]

Open a Pentagon Federal Credit Union Access America Checking account, deposit at least $1,200, and make 5 debit card purchases within 90 days and you will get $200. There is no direct deposit requirement and you don’t have to deposit the $1,200 all at once, it just needs to accrue in the account within the first 90 days. There is no direct deposit requirement but you will need at least $25 to open the account.

Learn more about the Penfed offer
(Offer has expired)


Sunflower Bank — $200

Sunflower Bank is offering a $200 welcome offer if you open a checking account (Convenience, Spend & Sign & Save, Elite, Superb, Premier, SunNet®) with at least $100 minimum balance and:

  • Complete 25 or more debit card purchases, and,
  • have ACH credits, ACH debits, or a combination of both (e.g., Direct Deposit/Electronic Payments) totaling $500 or more that all post to the new account on or before 4/30/21

Keep the account open until 5/6/2021 with a positive balance to get the bonus cash. Bonus to be paid out by end of the business day on 5/7/2021.

Learn more
(Offer expires 3/31/2021)


Iberia Bank — up to $400

Iberia Bank is running four different promotions for residents of states they have a branch, which includes Alabama, Arkansas, Florida, Georgia, Louisiana, and Tennessee, who are first responders.

The highest bonus is $400 if you open a High-Interest Checking account with qualifying direct deposits and maintain a balance of $5,000.

Or get $250 for opening a Freedom Checking account with a qualifying direct deposit.

You need to get a promo code by visiting the bank’s promotion page to request one.

Learn more
(No expiration shown)


Unify Financial Credit Union — $150

Unify Financial Credit Union will give you up to $150 if you open up a qualifying UNIFY Checking Account. It’s a free checking account with no minimum balance fees or a direct deposit requirement. When you join, you also get a complimentary membership to the Surfrider Foundation or Friends of Hobbs. You can apply online.

The bonus has several tiers:

  • Get $50 just for opening a new checking account (excluding Right Start Checking and Right Start Debit)
  • Get another $50 when you set up a recurring ACH Direct Deposit of at least $500 each month within 60 days
  • Then, get an additional bonus up to $50 by earning $1 bonus for each debit card transaction that exceeds $5 with your new UNIFY Visa Debit Card within the first 60 days of account opening (maximum bonus of $50).

Learn more
(Offer expires 12/31/21)


First Horizon Checking — up to $400 [EXPIRED]

First Horizon is offering a $400 cash bonus if you open a FirstView checking account and set up a direct deposit with $400 in deposits within the first 60 days of account opening. It takes just $50 to open an account. Then, you will get the bonus within 8 weeks of the first deposit and keep the account in good standing for six months.

Available for residents of TN, AR, MS, AL, GA, KY, FL, NC, and parts of VA.

Learn more
(Offer expired 11/15/2020)


U.S. Bank — $400

U.S. Bank will give you up to a $400 bonus if you open a new U.S. Bank consumer checking account using the promotion code 2020Q4B and make two or more recurring direct deposits within 60 days of account opening. You also need to be enrolled in online banking or use their U.S. Bank Mobile App by 12/14/2020.

You can open a Platinum Checking Package, Gold Checking Package, or Easy Checking Package. All things being equal, Easy Checking has the lowest fee ($6.95 per month) and easiest fee waiver requirements. Just have combined monthly direct deposits of $1,000+ OR an average account balance of $1,500+ OR be aged 65 or greater. Then make sure you’re enrolled in eStatements to avoid the $2 fee on paper statements.

Learn more
(Offer expires 12/14/2020)


CapitalOne 360 Checking Account — $400

Capital One has a $400 bonus for a new Capital One 360 Checking Account that is super easy to get. Just open an account by 1/26/2021 with the promotion code BONUS400.

Then, 2 direct deposits totaling $1,000 or more within 60 days of account opening and you’ll get $400 in your account. That’s it.

Learn more about the offer
(Offer expires 1/26/2021)

If you can’t meet the direct deposit requirement, they also have two offers that are based on spending on the debit card.

Open a checking account by January 26, 2021 and spend at least the amount below to earn the bonus:

  • $300 within 90 days – get $100 when open with the promo code BANK100
  • $500 within 90 days – get $150 when open with the promo code UPTO250
  • $1,500 within 90 days – get $250 when open with the promo code UPTO250

The bonus is deposited 60 days after the 90 day spend period ends.
(Offer expires 1/26/2021)


CapitalOne 360 Performance Savings — up to $500 [EXPIRED]

Capital One will give you up to $500 if you open a 360 Performance Savings using the promo code BONUS400. The amount of the bonus is based on how much you deposit within ten days of opening your account. The lowest amount is $100 for a $10,000 deposit and the highest is $500 for a $50,000 deposit. This must be new money to Capital One. You just need to maintain the required daily balance for 90 days and the bonus is yours.

Here is the bonus schedule based on your deposit:

  • Deposit $10,000 and get a $100 cash bonus,
  • Deposit $20,000 and get a $200 cash bonus,
  • Deposit $30,000 and get a $300 cash bonus,
  • Deposit $40,000 and get a $400 cash bonus,
  • Deposit $50,000 and get a $500 cash bonus (this is the max)

Bonus is deposited 60 days after you’ve completed the requirements.

Learn more about the offer
(Offer expired 6/10/2020)


Columbia Bank Advantage Plus Checking — $200

Columbia Bank will give you a $050 bonus when you open a new checking account and set up a monthly direct deposit of $1,000+ within 60 days. The bonus will be credited within 60 days after you satisfy the conditions. You can open an account online or open in a branch.

You can avoid the $9 monthly service fee if you make at least 10 point of sale debit card transactions or maintain at least a $500 daily balance.

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(Offer does not show an expiration date)


Expired Offers

The promotions below have EXPIRED — I maintain this promotions list as an archive. Plus they can always come back (and often do)! 🙂

  • Marcus by Goldman Sachs – $100
  • Popular Community Bank – $500
  • Union Bank – $200
  • Old National – $200
  • TIAA Bank – $350

How do we pick what banks appear in the list? If the bonus is greater than $100 and it’s a reasonably large geographic footprint, we include it on the list. We want to show bonuses that most people can get either by visiting a branch or completing online. We don’t have an interest in a $20 bonus for a small regional bank only a handful of people will be interested in it. Sadly, no credit unions on this list because I haven’t seen any offer bonuses. I’ve also stuck with cash bonuses, rather than other giveaways like tickets because it’s easier to compare and has broader appeal.

The expired list of promotions is there to give you an idea of what was once available. Some banks run promotions all year, rolling over the expiration date every quarter or so. Some banks run them seasonally. I keep the expired list around so you have an idea of what that bank may have offered in the past.

Conclusion

Free money is great but there are some things to pay very close attention to when it comes to bank promotions. First, check out our guide on bank account bonuses. It’ll give you a sense of what you need to do to make sure you get your bonus money.

Also, make sure you find a bank that gives you all the services you need. Bonus money is a nice sweetener but you still need a bank that gives you exactly what you need.

OK go get that bonus money!

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Which place is best to sell your used furniture depends on what you want to sell and if you are willing to ship it. If you are selling large household furniture, such as your old couch, local marketplaces like Facebook or OfferUp are probably your best bet. However, if you have high-end specialty items you'll likely need a broader market and have to ship it to the buyer. In this case, you'll want to look into places like Sotheby’s or Chairish. 

Jim Wang

About Jim Wang

Jim Wang is a thirty-something father of three who is a frequent contributor to Forbes and Vanguard's Blog. He has also been fortunate to have appeared in the New York Times, Baltimore Sun, Entrepreneur, and Marketplace Money.

Jim has a B.S. in Computer Science and Economics from Carnegie Mellon University, an M.S. in Information Technology - Software Engineering from Carnegie Mellon University, as well as a Masters in Business Administration from Johns Hopkins University. His approach to personal finance is that of an engineer, breaking down complex subjects into bite-sized easily understood concepts that you can use in your daily life.

One of his favorite tools (here's my treasure chest of tools,, everything I use) is Personal Capital, which enables him to manage his finances in just 15-minutes each month. They also offer financial planning, such as a Retirement Planning Tool that can tell you if you're on track to retire when you want. It's free.

He is also diversifying his investment portfolio by adding a little bit of real estate. But not rental homes, because he doesn't want a second job, it's diversified small investments in a few commercial properties and a farm in Illinois via AcreTrader.

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