Do you live in Georgia, North Carolina, South Carolina, Tennessee or Virginia?
If so, you’re eligible for a massive $400 bonus from HomeTrust Bank if you open a new personal checking account and meet some minimum qualifications.
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Who is HomeTrust Bank?
HomeTrust Bank is a regional bank with a headquarter in Asheville, North Carolina. FDIC insured under certificate #27677 since 1926, they have fewer than 40 locations across five states.
They had assets of $3.6 billion near the end of 2022 and they are a community-focused bank that has a juicy bonus on new checking accounts that’s relatively easy to obtain.
How to get up to $400 from HomeTrust Bank
To get up to $400, you need to open a new checking account and then satisfy these requirements to earn a tiered bonus:
- Get $150 for qualified direct deposits totaling $2,500 or more in the first 90 days.
- Get $150 for an opening balance of $10,000 or greater and maintaining that balance for the first 90 days.
- Get $100 when you make at least 15 debit card purchases totaling $500 or more in one statement cycle in the first 90 days.
You don’t have to do all three, you earn the bonus specified when you satisfy the condition. If you only meet the first conditions, you get $300. You don’t need to satisfy the debit card conditions to get the first parts. It’s nice that they separate them so you aren’t compelled to do all three.
They have three checking accounts that apply:
- Simple Checking – A basic checking account with a $50 minimum opening balance and no monthly service fee.
- Everywhere Connect – A checking account with mobile access with a $50 minimum opening balance and a $10 monthly service fee.
- Premier Checking – A checking account with interest and $50 minimum opening balance and $15 service fee.
The fees can be waived if you satisfy some conditions, which differ based on the account.
Must be a resident of Georgia, North Carolina, South Carolina, Tennessee or Virginia.
(Offer expires 4/30/2025)
How does this bonus compare?
The tiered nature is nice because if you don’t have a direct deposit to move, you can still get $250. The only limitation is the regional nature of this offer, you have to live in Georgia, North Carolina, South Carolina, Tennessee or Virginia.
If you have $10,000 to move around, I suggest the Citi bonus instead because it’s slightly higher (and nationwide).
U.S. Bank – up to $450
Earn up to $450 when you open a new U.S. Bank Smartly® Checking account and complete qualifying activities. Subject to certain terms and limitations. Offer valid through 1/28/2026. Member FDIC.
Get started with an initial deposit of $25 within 30 days. Offer may not be available if you are an existing U.S. Bank customer or live outside of the U.S. Bank footprint.Barclays – $200
Barclays Bank will give you a $200 if you open a new savings account and deposit $30,000 within 30 days of opening the account. The savings account also pays a competitive interest rate of 3.60% APY while you wait.
BMO Checking – $400
BMO is offering a $400 bonus* when you open a BMO Checking account and you have a cumulative total of $4,000 in qualifying direct deposits within 90 days of account opening between 9/9/25 - 1/28/26. It is a very straightforward offer that is available nationwide.
*Conditions apply
Capital One 360 Checking – $250
Capital One 360 has a $250 cash bonus when you open a new account and then receive two direct deposits each of $500 or more within 75 days of account opening. Valid for new 360 Checking account customers. If you had a If you had a 360 Checking, Simply Checking, or Total Control Checking account with Capital One on or after January 1, 2022, you are ineligible.
Bank of America – up to $500 cash offer
Bank of America offers a up to $500 cash offer cash bonus if you open a new account and To qualify, open a new eligible Bank of America Advantage Banking account through the promotional page and set up and receive Qualifying Direct Deposits* into that new eligible account within 90 days of account opening. Your cash bonus amount will be based on the total amount of your Qualifying Direct Deposits received in the first 90 days. . It has a monthly fee that is easy to get waived.
