It’s possible to make $100s by opening a new bank account, but sorting through the best offers can be tricky. There’s no shortage of enticing opportunities for banking clients right now.
We’re happy to do the work for you. The Money Crashers team combs through hundreds of bank account deals every month to find you the most lucrative sign-up bonuses – some worth up to $1,000 or more.
Don’t want to miss out? Read on for our roundup of the best bank promotions for this month and the requirements you must meet to qualify for each. Most are available to new customers in all 50 states, but a few have geographical restrictions to bear in mind.
Best Personal Checking Bonuses
Chase Total Checking® – $400 Bonus
Open a new Chase Total Checking® account to earn one of the easiest bank account opening bonuses available.
All you have to do is open your account by April 15, 2026 and set up direct deposits totaling $1,000 or more within 90 days of coupon enrollment. You’ll receive your $400 bonus within 15 business days.
$15 monthly fee can be waived if you meet at least one of the following criteria in each monthly statement period:
Execute electronic deposits made into this account totaling $500 or more, such as payments from payroll providers or government benefit providers, by using (i) the ACH network, (ii) the Real Time Payment or FedNowSM network, (iii) third party services that facilitate payments to your debit card using the Visa® or Mastercard® network
Maintain a balance at the beginning of each day of $1,500 or more in this account.
Maintain an average beginning day balance of $5,000 or more in any combination of this account and linked qualifying Chase checking, savings, and other balances.
Pay at least $25 or more in qualifying checking-related services or fees.
Disclaimer: This offer is available online nationwide, except for residents of AK, HI, and PR. The above information was collected independently and not reviewed by the issuer.
KeyBank
Earn a cash bonus with qualifying activities on an eligible KeyBank checking account:
Earn $300 with Key Smart Checking®:
Open a new no-monthly-maintenance-fee account by May 22, 2026
Make the minimum opening deposit of $10 and make a total of $2,000 or more in eligible direct deposits within the first 90 days of account opening
Earn $500 with Key Select Checking®:
Open a new Key Select Checking® account by May 22, 2026
Make the minimum opening deposit of $50 and make a total of $5,000 or more in eligible direct deposits within the first 90 days of account opening
The cash bonus for either offer will be deposited into your account within 60 days of meeting requirements. Account must not be closed at the time of gift payment.
These offers are only available if you live in the following states: AK, CO, CT, ID, IN, ME, MA, MI, NY, OH, OR, PA, UT, VT, WA
KeyBank, Member FDIC.
Bank of America Cash Offer
Earn up to $500 cash offer when you complete required activities. Click Learn More for more details.
Cash Offer Tiers:
$100 for $2,000 Total Qualifying Direct Deposits
$200 for $5,000 Total Qualifying Direct Deposits
$500 for $10,000+ Total Qualifying Direct Deposits
To qualify, open a new eligible Bank of America Advantage Banking account through the promotional page and set up and receive Qualifying Direct Deposits* totaling the required amount 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. Bank of America Advantage SafeBalance Banking® for Family Banking accounts are not eligible for this offer.
If all requirements are met 90 days after account opening, Bank of America will attempt to deposit your bonus into your new eligible account within 60 days.
The cash offer is an online-only offer and must be opened through the Bank of America promotional page, linked below. The offer expires May 31, 2026 and is for new checking customers only.
*A Qualifying Direct Deposit is a direct deposit of regular monthly income – such as your salary, pension or Social Security benefits, which are made by your employer or other payer – using account and routing numbers that you provide to them.
Additional terms and conditions apply. Bank of America, N.A. Member FDIC. You are not eligible for this offer if you were an owner or co-owner of a Bank of America personal checking account within the last twelve (12) months.
SoFi Checking and Savings – up to $300 Bonus
Open a new SoFi Checking and Savings account and complete qualifying activities to earn a cash bonus worth up to $300.
To get started, set up direct deposit from a qualifying payer. You must receive at least one qualifying direct deposit — and a minimum of $1,000 in total deposits — within the 25-day qualification period.
The bonus tiers depending on how much you direct deposit are as follows:
Earn a $50 Bonus with cumulative direct deposits between $1,000 and $4,999.99
Earn a $300 Bonus with cumulative direct deposits between $5,000 or more
Students and young adults ages 17 through 23 qualify for additional perks, such as no monthly maintenance fee and no minimum balance requirements.
Disclaimer: This offer is available to new and existing SoFi users who’ve never been enrolled in direct deposit with SoFi. See terms for additional details.
Barclays Tiered Savings Account – $200 Bonus
Earn a $200 bonus with qualifying activities when you open a new Barclays Tiered Savings Account by March 31, 2026. Terms Apply.
To qualify for the bonus, complete the following steps:
Open a new Barclays Tiered Savings Account
Deposit $30,000 or more within 30 days of account opening
Maintain a balance of at least $30,000 for 120 consecutive days
After maintaining the $30,000 balance for 120 consecutive days, the $200 bonus will be credited directly to your account within approximately 60 days.
Barclays Tiered Savings offers competitive rates with 3.85% APY on balances below $250,000 and 4.00% APY on balances of $250,000 or more. No minimum balance to open and no monthly maintenance fees.
This offer is available to new-to-bank customers only. Existing Barclays Savings and CD account holders are not eligible.
PNC Virtual Wallet – up to $400 Bonus
Earn a bonus worth up to $400 when you open a new PNC Virtual Wallet by November 17, 2025 and complete qualifying activities.
Within 60 days of opening your account, make a qualifying direct deposit(s) as follows to earn the respective bonus amount:
Earn a $100 Bonus with direct deposit(s) totaling $500+ if you open a Virtual Wallet account
Earn a $200 Bonus with direct deposit(s) totaling $2,000+ if you open a Virtual Wallet with Performance Spend
Earn a $400 Bonus with direct deposit(s) totaling $5,000+ if you open a Virtual Wallet with Performance Select
Your bonus will be credited to the eligible account within 60 to 90 days after you’ve met all conditions. Your Virtual Wallet product must remain open in order for you to receive the reward.
This offer is available in AL, AZ, CA, CO, DC, DE, FL, GA, IL, IN, KY, MD, MI, NC, NJ, NY, NM, OH, PA, SC, TX, VA, WI, and WV. Virtual Wallet is offered in the state of MO with the exception of the greater Kansas City area. Offer is contingent on product availability and may vary based on your address and where and how you open your account.
If you’re located in AK, AR, CT, HI, ID, IA, KS, LA, ME, MA, MN, MS, MT, NE, NV, NH, ND, OK, OR, RI, SD, TN, UT, VT, WA, WY you can receive a $200 bonus with the PNC Virtual Wallet Checking Pro account. Also offered in the state of MO only in the greater Kansas City area
Citi® Enhanced Deposits – $325 Bonus
You can earn a $325 cash bonus when you open a Citi checking account by October 6, 2025 and complete qualifying activities. It’s fairly simple, which is why it’s at the top of our list.
To earn the bonus, complete the following:
Open a new eligible Citi checking account with Enhanced Direct Deposits.
Make at least two Enhanced Direct Deposits of at least $3,000 combined into your Citi Checking account within 90 days of account opening.
Deposit your way from recurring paychecks, retirement payments, pensions, and more.
Your cash bonus will be deposited into your open checking account 30 days after completing the requirements.
Monthly service fee waived when you have $250+ in Enhanced Direct Deposits.
Best Business Checking Bonuses
Chase Business Complete Checking® – $500 Bonus
Small-business owners (including sole proprietors) can take advantage of an attractive offer on a popular business checking account.
New Chase Business Complete Checking® customers can earn $500 for opening an account online or in-person by May 14, 2026 and completing qualifying activities.
To qualify for this opportunity, do the following:
Obtain a coupon using the link below and open a new Chase Business Complete Checking® account
Deposit at least $2,000 in new money into the account within 30 days of offer enrollment.
Maintain that balance for at least 60 days from offer enrollment.
Complete at least five qualifying transactions, including electronic deposits and debit card purchases, within 90 days of offer enrollment.
After you complete all qualifying activities, you should receive the bonus in your account within 15 business days.
Disclaimer: This offer is available online nationwide, except for residents of AK, HI, and PR. The above information was collected independently and not reviewed by the issuer.
U.S. Bank Business Checking – up to $1,200
Earn a $400 bonus when you open a U.S. Bank Business Essentials Account or $1,200 when you open a Platinum Business Checking Account online with promo code Q1AFL26 and complete qualifying activities, subject to certain terms and limitations. Offer valid through March 31, 2026. Member FDIC.
The offer is now available online nationwide and eligible accounts include: Business Essentials, Silver Business Checking, and Platinum Business Checking.
Complete these steps to earn a $400 bonus offer:
Earn your $400 Business Checking bonus by opening a new U.S. Bank Business Essentials or Silver Business Checking account between 1/15/2026 and 3/31/2026. You must make deposit(s) of at least $5,000 in new money within 30 days of account opening and thereafter maintain a daily balance of at least $5,000 until the 60th day after account opening. You must also complete 6 qualifying transactions within 60 days of account opening.
Complete these steps to earn a $1,200 bonus offer:
Earn your $1,200 Business Checking bonus by opening a new U.S. Bank Platinum Business Checking account between 1/15/2026 and 3/31/2026. You must make deposit(s) of at least $25,000 in new money within 30 days of account opening and thereafter maintain a daily balance of at least $25,000 until the 60th day after account opening. You must also complete 6 qualifying transactions within 60 days of account opening.
Deposit products offered by U.S. Bank National Association. Member FDIC
Bank of America Business Bonus Offer
Earn a $200 bonus when you complete required activities. See offer page for more details.
To qualify, deposit $5,000 or more in New Money* directly into a new eligible Bank of America Business Advantage Banking account within thirty (30) days of account opening. Maintain an average balance of $5,000 in that new Business Advantage Banking account during the Maintenance Period**. (The Maintenance Period begins thirty-one (31) days after account opening and ends 90 calendar days after account opening). Once all requirements are met, Bank of America will attempt to pay the bonus within 60 days.
The $200 bonus offer is an online only offer and must be opened through the Bank of America promotional page.
*New Money is new funds deposited into your business checking account that are not transfers from other Bank of America deposit accounts or Merrill investment accounts.
The offer expires 12/31/2025 and is for new eligible business checking customers only.
Additional terms and conditions apply. Bank of America, N.A. Member FDIC. You are not eligible for this offer if you were an owner or signer on a Bank of America Business Advantage checking account within the last twelve (12) months. Bank of America, N.A. Member FDIC.
Axos Bank Business Interest Checking – up to $400 Bonus
Through September 30, 2025, Axos Bank is offering the opportunity to earn up to a solid $400 bonus when you open an eligible new business checking account online with promo code NEW400 and complete qualifying activities.
To earn the bonus, complete the following steps:
During the first 5 statement cycles, earn $75 for each statement cycle the average daily balance is $25,000 – $49,999.99, up to $300 total OR earn $100 for each statement cycle the average daily balance is at least $50,000, up to $400 total.
complete 10 purchases of at least $3 with your Small Business Checking Visa® Debit Card and have BillPay setup on your account.
Bonus will be deposited into your new account within 10 business days of your statement cycle date.
Disclaimer: Your account must remain open for at least 180 days to avoid the $50 early closing fee. Additional terms may apply; see offer page.
Best High Net Worth Bonuses
Chase Private Client Checking℠ – up to $3,000 Bonus
For a limited time, you can earn a bonus worth up to $3,000 when you open a new Chase Private Client Checking account and complete qualifying activities.
To earn the bonus, you must complete the following:
Meet with a Chase Private Banker at a Chase branch to open your account by April 15, 2026.
Within 45 days of coupon enrollment, deposit an eligible amount of new money to a combination of eligible checking, savings and/or investment accounts. Your bonus will be determined on day 45.
Maintain the balance for at least 90 days from coupon enrollment.
The bonus amount depends on the amount of new money you deposit into a combination of eligible Chase checking, savings and/or investment accounts. You must deposit at least $150,000 in new money to earn the minimum bonus ($1,000).
Earn $1,000 Bonus for at least $150,000 in new money
Earn $2,000 Bonus for at least $250,000 in new money
Earn $3,000 Bonus for at least $500,000 in new money
Your bonus will be deposited in your account within 40 days of completing these qualifying activities.
Chase Private Client has no monthly service fee when you keep an average beginning day balance of $150,000 or more in any combination of this account and linked qualifying Chase checking, savings and other balances, OR have a linked Chase Platinum Business Checking account. Otherwise, a $35 monthly service fee will apply. Eligible accounts exclude Chase business checking and savings accounts, any J.P. Morgan Self-Directed Investing & Automated Investing accounts, J.P. Morgan Wealth Management retirement accounts, and CDs.
Why Banks Offer Sign-Up Bonuses
You probably wonder why banks offer sign-up bonuses. Why would they give away ‘free money’?
The answer is simple – marketing.
Think about which bank account you’d be more willing to open: one with no sign-up bonus or one that pays you a couple hundred dollars to open and maintain.
Banks use sign-up bonuses as a marketing tool to get more customers. They figure that by offering the bonuses, they’ll get your business for the new account, plus you might use their other banking services, making the bank even more money.
How to Qualify for a Bank Bonus
Each bank has different requirements to qualify for a bank bonus. The key is to read the fine print to understand how to qualify. Most banks require more than simply opening an account.
For example, they may require a certain number of transactions or a minimum direct deposit. Be sure you can meet the requirements before choosing a bank bonus, paying close attention to the dates that coincide with the bonus.
For example, if a bank requires a minimum balance to earn the bonus, they usually specify how long you must keep the balance in the account either by the number of days or a specific date.
How Bank Bonuses Are Taxed
Bank bonuses, unlike credit card bonuses, are taxed. Just like you’d pay tax on interest earned on your bank account, you’ll pay interest on any bank bonuses, as the IRS considers it interest earned.
Don’t worry about remembering to claim the bank bonus. If you earn a bank bonus, the bank will send you a 1099-INT with the bonus included on the statement so you don’t forget to claim it on your taxes.
How Many Bank Accounts Should You Have?
You can have as many bank accounts as you want, but ideally, you should at least have a checking and savings account.
The savings account should hold the funds meant for an emergency fund or other financial goals. If you can manage the accounts and find accounts that won’t cost you a monthly maintenance fee, you can have even more accounts.
Keeping a separate emergency fund, for example, is usually suggested because it eliminates the risk of spending the money on another goal, leaving nothing for those unprecedented emergencies.
However, don’t open more bank accounts than you can manage or have bank accounts that cost you monthly maintenance fees because you have your money spread out amongst the accounts and can’t meet the minimum balance requirements to waive the monthly maintenance fees.
Are Bank Bonuses Worth It?
Bank bonuses are always worth it as long as you don’t open accounts that will cost you a monthly maintenance fee. Just ensure you can meet the requirements to meet the bank promotion and waive the monthly fee.
Final Word
Take your pick of these bank promotions. You’ve earned them. But don’t let bank account bonuses have the last word on where you choose to bank.
When choosing a bank, it’s important to find one that suits your needs – whether that’s favorable interest-bearing accounts, low or no fees, overdraft protection, access to potentially lucrative cash-back credit cards, or mobile-friendly online banking features.
Bank account promotions for new customers are wonderful, but taking advantage of permanent perks is a long-lasting bonus in its own right. You deserve a bank that’s willing to work every day to earn your business.
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Editorial & Advertiser Disclosure: The editorial content on this website is not provided, commissioned, reviewed, approved, or otherwise endorsed by any advertiser. Opinions expressed are ours alone, not those of any advertiser. The offers that appear are from companies from which we may receive compensation. However, this compensation does not impact where and how these companies are mentioned on the site. We do not include all companies or all available offers in the marketplace.
