Do you know why banks are always offering incentives to new customers? Banks need your business! If you open a checking account, you are more likely to get your car loans, credit cards, savings accounts and other services from that bank.
Now there are even Online Banks that save on the costs of having physical banks, meaning they can give those savings back to YOU! Many banks are offering $300+ bonuses just to open an account, and there has never been a better time to take advantage of these offers.
Here are some of the best bonuses we can find out there today.
Chase offers a nice Savings sign-up bonus without a huge financial commitment. If you sign up (in person or online) and deposit $10,000 within the first 20 business days, you'll receive your $150 bonus right in your account. Chase also has other requirements for your account in order to avoid the $5 monthly maintenance fee, such as keeping your daily balance above $300 or keeping a regularly scheduled direct deposit tied to the account. Overall, Chase is one of the easiest banks to take advantage of sign-up bonuses with.
This is another one of the easiest sign-up bonuses you can come across. As you can see, banks are willing to dish out good money if you just spend a little time researching and signing up. For Chase's Total Checking offer, all you have to do is open a new account, deposit $25 and set up a direct deposit with 60 days. Then $200 will appear in your account within 10 business days and you're good to go!
This is one of the easiest bonuses to get that we have ever seen. All you have to do is open the account, deposit any amount, and start using your debit card to make daily purchases. You can get 1% cash back on up to $3,000 of purchases each month ($36,000 per year) and the amount goes right into your checking account. No strings attached, no gimmicks. Why wouldn't you want to take advantage of this one?!
Citibank offers one of the highest sign-up bonuses you can find without too much of a minimum deposit requirement. Citibank is offering $500 for anyone who signs up for their checking/savings account package and meets the financial requirements. In order to earn the first $400, you have open the checking/savings account package and deposit $15,000 within with the first 30 days. If you leave the money in there for 60 days AND complete a direct deposit on one of the accounts in two consecutive months, they will credit your account with an additional $100, for a total of $500 in sign-up bonuses.
HSBC offers the highest sign-up bonus we can find right now. They are offering $750 for anyone who opens a new Premier Checking account and deposits $100,000 into any checking, savings, other investment accounts within with the first 30 days. Just ask your friends if you can borrow $100k to get this bonus and then buy them something nice!
Online banking is convenient and easy. You can do it from any device, on the go or in the comfort of your own home. The fact that these banks operate ONLINE and not in brick and mortar stores means they have more cash to spend on acquiring new customers (like you)! Pro Tip: When searching for a bank offer to cash in on, start with online banks such as Ally, Capital One, and PNC Bank.
There are tons of bonuses out there if you do a little research. Start a search today.
https://www.nerdwallet.com/blog/banking/pros-cons-online-only-banking, https://www.accountnow.com/content/online-banking/4-advantages-of-online-banking-2, https://www.bankrate.com/banking/best-bank-account-bonuses, https://www.discover.com/online-banking/banking-topics/benefits-of-an-online-checking-account