Wallet Hacks

30 Best Bank New Account Promotions: Minimum $100 Bonus (December 2018)

Banks used to offer t-shirts and toasters to get folks to deposit their money.

These days, they skip the promotional items and go straight for what matters – bonus money. A nice hello and a wad of welcomed cash.

On this page, I'm going to list the best bank promotions and bonus sign up offers worth looking at.

The minimum promotional bonus is $100 to get on this list and remember that 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.

Chase Total Checking – $200

Chase has long been the leader 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 and deposit $25. 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 need to request a coupon and bring it to a physical location to open your account.

Available in AL, AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, NC, NE, NH, NJ, NV, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, VT, WA, WI, WV.

Learn more about Chase Total Checking
(Offer expires 1/14/2019)

Chase Savings – $150

A nice combination package with the Total Checking, the Chase Savings will give you $150 if you open a new account and deposit $10,000 in new money within 20 business days. You need to maintain a $10,000 balance for 90 days and you can't close the account within 6 months or they take the bonus back.

The Chase Savings has a $5 monthly service fee that is waived if you keep a minimum daily balance of $300 or more (light work considering you need to keep $10,000 to get the bonus) or have an automatic transfer of $25+ from your Chase personal checking account.

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

Available in AL, AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, NC, NE, NH, NJ, NV, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, VT, WA, WI, WV.

Learn more about Chase Savings
(Offer expires 1/14/2019)

Chase Premier Plus Checking – $300

The juiciest of the offers, you can get $300 if you open a Chase Premier Plus Checking account and deposit at least $25 at account opening and receive a direct deposit within 60 days of opening. You need to keep this account open for six months or they take back the bonus.

This account has a $25 monthly service fee that is waived if you maintain a minimum daily balance of $15,000+ across your Chase accounts or have automatic payments to your qualifying linked Chase mortgage from your Chase account.

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

Available in AL, AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, NC, NE, NH, NJ, NV, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, VT, WA, WI, WV.

Learn more about Chase Premier Plus Checking
(Offer expires 1/14/2019)

Chase Sapphire Checking – 60,000 Ultimate Rewards

Chase is offering 60,000 Chase Ultimate Rewards, worth at least $600, when you open an account and transfer a total of $75,000+ in new money or securities within 45 days. This can be transferred to eligible checking, savings and/or investment accounts. You will need to maintain that balance for at least 90 days.

The minimum balance to open is $25 and there is a $25 monthly service fee that is waived when you have an average beginning day balance of $75,000 or more. It's a nice bonus but it has a significant opening balance requirement.

Available in AZ, CA, CO, CT, FL, GA, ID, IL, IN, KY, LA, MI, NJ, NV, NY, OH, OK, OR, TX, UT, WA, WI, WV.

Learn more about Chase Sapphire Checking
(Offer expires 1/17/2019)

Chase Total Business Checking – $200

Chase Total Business Checking will give you $200 if you open an account and:

Once you complete these, they will deposit the bonus within 10 business days.

Learn more about Chase Total Business Checking
(Offer expires 1/10/2019)

HSBC Advance Checking – $350

Get a $350 Welcome Deposit for eligible new customers who open an HSBC Advance checking account with qualifying activities.

Open your new HSBC Advance checking account online by December 28, 2018; and

Deposit a minimum Qualifying Balance of $10,000 or more in New Money in combined checking and savings accounts within 30 calendar days of account opening; and

Maintain at least the minimum Qualifying Balance for 90 calendar days from the date you deposited the minimum Qualifying Balance.

You will automatically receive the $350 Welcome Deposit in your new HSBC Advance checking account approximately eight weeks after completing all qualifying activities. It's that simple.

Learn more about this promotion
(Offer expires 12/28/2018)

HSBC Premier Checking – $750

Get a $750 Welcome Deposit for eligible new customers who open an HSBC Premier checking account with qualifying activities.

Open your new HSBC Premier checking account online by December 28, 2018; and

Deposit a minimum Qualifying Balance of $100,000 or more in New Money in combined checking, savings, and/or eligible investment accounts within 30 calendar days of account opening; and

Maintain at least the minimum Qualifying Balance for 90 calendar days from the date you deposited the minimum Qualifying Balance.

You will automatically receive the $750 Welcome Deposit in your new HSBC Premier checking account approximately eight weeks after completing all qualifying activities. It's that simple.

Learn more about this promotion
(Offer expires 12/28/2018)

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.
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Chase College Checking – $100 Bonus!

If you're between the ages of 17 and 24, have proof of student status, Chase Bank will give you $100 to open a Chase College Checking Account. You can also apply if you're in high school, students ages 13 through 17 will not be assessed a fee if they link a parents' account or have a direct deposit or maintain a $5,000 balance.

To get the $100, you'll need to deposit of $25+ at opening, enroll in paperless statements and make 10+ qualifying transactions within 60 days.

Available in AZ, CA, CO, CT, FL, GA, ID, IL, IN, KY, LA, MI, NJ, NV, NY, OH, OK, OR, TX, UT, WA, WI, WV.

Learn More about Chase College Checking

Citibank – $200 to $600

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 Basic Banking Package – $200

Learn more about this promotion
(Offer expires 12/31/2018)

Citi Account Package – $400

Learn more about this promotion
(Offer expires 12/31/2018)

Citi Priority Account Package – $600

Learn more about this promotion
(Offer expires 12/31/2018)

Capital One 360 Money Market – $200

Capital One 360 will give you a $200 bonus if you open a 360 Money Market account with the promotional code OFFER200 and deposit $10,000 or more of new money by December 14th, 2018. The deposits can be cumulative, they don't need to be all at once.

You will earn a pretty competitive APY if you do get your balance above $10,000. Bonus is deposited within 60 days and available immediately.

Learn more about this promotion
(Offer expires 12/14/2018)

Bank of America (Existing Customers, Targeted) – $300

Bank of America runs a lot of promotions and one of their richest offers is for existing Bank of America customers (like credit card holders) who do not yet have a personal checking account. Open a Bank of America Core Checking or Interest Checking account and set up a qualifying direct deposit totaling $4,000 or more within the first 90 days of opening your account to get the $400 bonus. Both have monthly maintenance fees but can be waived if you meet other qualifications.

This is a targeted offer – “*This exclusive offer is only for select Bank of America® customers who don't already have a personal checking account with us and who received an email or direct communication from Bank of America.”

To see if you are targeted, you'll need to log into your account and look for the Activity Center. Click the center most panel, Special Offers & Deals, and if it's available you will see a $300 bonus – Exclusive checking offer.

You will only be eligible for this bonus if you are targeted, having the link is not enough.

PNC Bank – $200 to $300

PNC Bank will give you a $200 reward if you open up a new Virtula Wallet with Performance Spend or Performance Checking. It increases to $300 if you open a new Virtual Wallet with Performance Select or Performance Select Checking. You need to open an account and do the following within 60 days:

Learn more
(Offer expires 12/31/2018)

TD Bank Premier 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 Premier Checking account, set up and receive direct deposits of $2,500+ within 60 days, and get a $300 cash bonus. This is an offer for U.S. residents only and you have to apply for it online.

There is a $25 per month maintenance fee that is waived if you maintain a daily balance of at least $2,500.

Learn more

TD Bank Convenience Checking – $150

Open a TD Bank Convenience Checking account, set up and receive direct deposits of $500+ within 60 days, and get a $150 cash bonus. This is an offer for U.S. residents only and you have to apply for it online.

There is a $15 per month maintenance fee that is waived if you maintain a daily balance of at least $100.

Learn more

KeyBank Premium Checking Account – $300

KeyBank will give you $400 when you open a KeyBank premium checking account with offer code MSAT1018, make one direct deposit of $500 or more within 60 days plus 5 KeyBank debit card purchases and/or KeyBank Online Banking bill payments.

Keep an eye on the monthly fees and what you need to do to get them waived. Full details on the promotion page.

Offer code MSAT1018 and enter your reservation number if prompted.

Learn more
(Offer expired 11/30/2018)

Associated Bank Checking – $275

Associated Bank will give you a $175 bonus for a new Packers Checking account when you deposit at least $100, pay at least 3 bills with online bill pay within 45 days or set up a direct deposit of at least $300. The bonus is deposited within 75 days and you'll need to keep the account for at least a year. There is a $11 monthly service fee unless you maintain a $1,000 daily balance or set up a direct deposit of $500+ (or you are under the age of 24 and go paperless).

You also get $100 if you open a money market account with a minimum deposit of $10,000 and keep it open for 90 days. Again, check the schedule of fees for updated information.

Learn more
(Offer expires 3/31/2019)

SunTrust Checking – up to $500

SunTrust will give you up to $500 when you open a new SunTrust checking account and complete these qualifications:

If you open a Select Checking account, your qualifying Direct Deposit must be at least $1,000. For Signature Advantage accounts, it must be at least $2,000.

The bonus will depend on which account you open and each one has a different monthly fee (and what you need to do to get it waived). Use promo code Q318CHECKINGBR.

For the $500, you need to request a coupon on the offer page. If you don't, the highest listed offer is only $300.

Learn more
(Offer expires 10/15/2018)

Regions Bank – $200

Earn $200 when you open any new Lifegreen Checking account online with the promo code 200PD18Q3T (or in person with the voucher, which you can request on the promo page) and do the following:

Learn more
(Offer expires 12/31/2018)

Columbia Bank 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 $500+ within 90 days. The bonus will be credited 4-6 weeks after you satisfy the conditions.

You will need to fill out a form to get your code, bring that code to a local branch (find one), and open an account.

Learn more
(Offer expires 12/31/2018)

Wells Fargo – $250

Get a $200 welcome bonus for new Wells Fargo Everyday Checking customers (there are some geographic restrictions but you can check by entering your ZIP code) when you satisfy a few conditions:

The Everyday Checking account has a $10 monthly fee that gets waived if you satisfy a few easy conditions.

Learn more
(Offer expires 12/31/2018)

Fifth Third Bank – $250

Fifth Third Bank will give you a $200 bonus if you open a Fifth Third Essential Checking account with deposits of $500+ within the first 45 days AND then maintain a minimum balance for 60 days. Unlike many other promotions, there is no direct deposit requirement!

This is only available to new customers and you can only get one new account related gift incentive per calendar year.

Learn more
(Offer expires 12/31/2018)

Amboy Direct – $50

Amboy Direct is the online bank of Amboy Bank, headquartered in Old Bridge, NJ. They are offering an eSavings account with a $50 bonus.

The website looks sketchy like it was made in 1998, so buyer beware.

Learn more
(No expiration shown)

BMO Harris Checking – $200

BMO Harris has a $200 promotion on it's three checking accounts – BMO Harris Smart Money™ Account, BMO Harris Smart Advantage™ Account, and the BMO Harris Premier™ Account. Each account has different terms so you'll need to review those very closely to avoid fees.

You can apply online or request a coupon and bring it to a local branch.

Learn more
(Offer expires 10/31/2018)

Huntington Bank 5 Checking – $200

Huntington Bank is a bank that is headquartered in Columbia, Ohio and founded in 1866. They're a publicly traded company and part of the S&P 500 – and today you can get $200 for opening an 5 Checking account and make deposits of at least $500 within 60 days. The online account has free mobile banking, free online bill pay, and nearly a thousand branches and 2,000 ATMs. There is a $5 monthly maintenance fee that is lowered to $0 if you have $5,000 in Total Relationship Balances.

You must be a resident of Illinois, Indiana, Kentucky, Michigan, Ohio, Pennsylvania, West Virginia, or Wisconsin.

Learn more
(Offer expires 12/31/2018)

Santander Bank – $225

Santander Bank will give you $225 when you redeem their online promotion code DIGBONUS225ND to open an account online or in a branch, open an eligible Santander checking account and have direct deposits of $1,000+ in the first 90 days and keep your account open for 90+ days.

There is no minimum balance to avoid the monthly fee but the $10 fee is waived when you make any financial transaction that posts during the calendar month, including deposits, withdrawals, transfers, or payments.

Learn more
(Offer expires 12/31/2018)

TIAA Bank – up to $350

TIAA Bank will give you up to $350 in bonus cash when you open a Yield Pledge Checking account and a Yield Pledge Money Market account.

To get the $150 for the Yield Pledge Checking:

To get the $150 for the Yield Pledge Money Market:

Bonus will be deposited within 120 days.

Learn more
(Offer expires 11/30/2018)

M&T Bank Checking – $150

Open a new checking account and have one direct deposit of $500 or more within 90 days. 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.

M&T Bank primarily has branches in PA, NY, and the greater Washington D.C. area.

Learn more
(Offer expires 8/15/2018)

CIT Bank

CIT Bank (FDIC #58978) won GoBankingRates' Best Banks Award in 2017 as their Premier High Yield Savings account offers a very generous 1.75% APY with a $100 minimum.

If you're out bonus hunting, CIT Bank doesn't have one at the moment – but it does offer you a very high-interest rate so it's a bank you can stick with after you get the bonus. A competitive interest rate? Sign me up!

Learn more about CIT Bank
(full review of CIT Bank)

U.S. Bank START Smart Savings Program – $200

U.S. Bank has a START Smart program that rewards you for reaching savings goals. You need to open a Silver Checking Package and link it with a Package Money Market Savings account. (it's a money market account, rather than a savings account)

From there, you get a $50 goal reward when you reach your savings goal ($500 into your Package Money market Savings account) within 12 months of enrollment. You can also earn a 1% net bonus on debit purchases for gas and groceries during the 12 months.

Check the fees but the Silver checking package has an $8.95 monthly fee for paper statements, $6.95 monthly fee for estatements, and no fee if you open a Package Money Market Savings account and have combined monthly direct deposits of $1,000 or more OR have a combined average daily deposit balance of at least $1,500. Gold and Platinum have slightly higher fees but also the ability to waive them with other qualifications.

Get a promotion code sent to you
(No expiration shown)

Expired Offers

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

What You Must Know about Bonus Offers

Confirm the promotion with the bank. This list is manually updated and confirmed for accuracy, but promos expire prematurely. I'll try keep this list as up to date as possible but always confirm the details with the bank itself. They change these offers often so you might see an old offer I haven't updated yet (if so, please email me!)

Check the fees and terms. Most promotions are reasonable – deposit a reasonable amount, add a direct deposit, and wait. They want you to become a customer, they aren't looking to handcuff you and that reasonably (but usually small) amount. Check the fees and whether you can avoid them, so you aren't losing your bonus back to the bank because of a small oversight.

Print out a copy of the page or save it as a PDF, to confirm you were eligible for the offer when you signed up for it. As promotions expire, the pages will go down and often be deleted. Some promotional pages even suggest you print out the page.

Most account openings are soft pulls of credit, but some may be hard pulls. Confirm with the bank whether the credit pull is hard or soft. Hard pulls can temporarily lower your credit score. Most banks will do soft pulls but there are a few out there who will do a hard credit pull for a bank account opening.

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. 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.

OK go get that bonus money!