Did you get a mailer from Synovus Bank offering a eye-watering sum for opening an account? If so, we have all the details below in an easy to read explanation.
Synovus Bank has a great targeted offer right now – you can get up to $600. This is targeted, so you need to have received a mailer.
Before we get to the offer, some minor housekeeping. Synovus Bank is a regional bank that is FDIC insured with Certificate #873. They have locations in five states – Alabama, Florida, Georgia, South Carolina, and Tennessee – and a little more than 250 branches.
It has a decently sized geographic footprint but limited to just the south.
Now, onto the offer:
💵 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 6/18/2026. Member FDIC.
Get started with an initial deposit of $25 within 60 days. Offer may not be available if you are an existing U.S. Bank customer or live outside of the U.S. Bank footprint.
Synovus Plus Checking – up to $600 [Targeted]
This offer is a two part offer:
- You can get $150 when you have 15 qualifying Visa® debit card purchase/debit card transactions within the first 60 days of your new Plus Checking Account opening;
- To get $450, you must have qualifying direct deposits of $1,000 posted to your new Plus Checking Account within the first 60 days of account opening.
You will need a promo code to take advantage of this offer, which makes it targeted.
There is a $10 monthly fee that you can get waived if you:
- A member of the military community
- Minimum $10,000 relationship balance
- Minimum $5,000 monthly deposits
- Minimum $500,000 business relationship balance
(Offer expires 2/27/2026)
How Does This Offer Compare?
Pretty good!
Sadly, it’s targeted so unless you received this offer in the mail, you can’t get it.
The $600 bonus is much higher than some of the other new account promotions I’ve seen and you can get it by a high deposit or a high monthly direct deposit. You don’t need both to qualify for this offer and it’s an account with no monthly fees.
The only downside is that it’s limited to five states – Alabama, Florida, Georgia, South Carolina, and Tennessee.
Here are some nationwide and regional offers to give you a sense of how it stacks up:
SoFi Money – $50 or $400
SoFi Money will give you $50 or $400 if you open an account and make direct deposits of at least $1,000. The bonus will be based on the total amount of those direct deposits in a 30-day evaluation period.
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 6/18/2026. Member FDIC.
Get started with an initial deposit of $25 within 60 days. Offer may not be available if you are an existing U.S. Bank customer or live outside of the U.S. Bank footprint.
BMO Checking – $400 cash bonus
BMO is offering a $400 cash bonus bonus* when you open a BMO Checking account and have a cumulative total of $4,000 in qualifying direct deposits within 90 days of account opening. 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.
