16 Best Checking and Savings Account Signup Bonuses

Happy woman reading bank account statement after receiving a signup bonus

Many banks offer limited-time signup bonuses for checking and/or savings accounts. These offers allow you to earn a cash bonus after signing up for an account.

Since these bonuses are short-term, if you miss out on a bonus, it’s worthwhile to check back occasionally; banks announce new offers regularly.

We contacted major banks across the U.S. to compare the available checking and savings account bonuses.

Best Checking Account Signup Bonuses

What We Recommend

For the largest possible cash bonus, Citibank’s offers range from $500 to $2,500, depending on the amount of your opening deposit and the balance you maintain.

Bonuses at other banks offer up to $800 but may require a lesser balance and/or deposit to qualify than Citibank. Consider these offers if you don’t plan to maintain a high balance on the account or can’t make a large deposit right away.

Comparison Table

Use the following table to compare the best signup bonuses available for checking accounts.

Note that you can sort the table by any column using the arrow buttons at the top of each column.

We gathered this information by speaking with customer service representatives at each bank.

Bank/Account Offer Online or In Person? Qualifications Expiration How to Get the Offer Get the Offer
Axos Bank Rewards Checking Up to $300 Online New account with qualifying deposits and a minimum daily balance January 30, 2024 Use the code AXOS300 when you apply, then set up at least $7,000 per month in direct deposits and maintain an average daily balance of at least $15,000 through March 2024. Open an account
BMO Smart Advantage Checking, Smart Money Checking, or Relationship Checking $250 to $400 Both New account with qualifying deposits May 3, 2024 Apply online or at a branch, then receive direct deposits totaling $4,000 (Smart Advantage or Smart Money Checking accounts) or $7,500 (Relationship Checking) within 90 days. Open an account
Citi Everyday Benefits, Citi Priority, Citigold, or Citigold Private Client $500 to $2,500 Online New account with qualifying deposits and minimum balance July 8, 2024 If you apply online from the bank offers page, you are automatically enrolled; your bonus will be credited to your eligible checking account once you've met the bonus criteria. You must fund the account within 30 days and keep the required deposit ($30,000 to $300,000) in the account for at least 60 days. Open an account
Huntington Perks Checking or Platinum Perks Checking $400 to $600 Both New account with qualifying deposits February 7, 2024 Use the online link or take the coupon into a branch, then make a qualifying deposit within 60 to 90 days of opening (depending on the account type); your cash bonus will be in your new account within about 14 days of meeting the requirements. Open an account
Chase Total Checking $200 Both New account with direct deposits January 24, 2024 Apply using the link online or print a coupon to use at a branch; once you've meet the requirement of setting up direct deposits within 90 days, you will receive the bonus deposit within several weeks. Open an account
Chase College Checking $100 Both New account with qualifying transactions January 24, 2024 Apply using the link online or print a coupon to use at a branch, then complete at least 10 qualifying transactions (debit card purchases, online bill payments, etc.) within 60 days. Once you meet the requirements, you will receive the bonus deposit within 15 business days. Open an account
Bank of America Advantage SafeBalance, Advantage Plus, or Advantage Relationship Banking $200 Online New account with direct deposits January 31, 2024 Use code TWA200CIS, then set up direct deposits of at least $2,000 within the first 90 days. The bonus will be deposited into your account once you've met the qualifications. Open an account
M&T Bank EZChoice, MyChoice Plus, or MyChoice Premium Up to $200 Both New account with qualifying deposits January 31, 2024 Apply online or at a branch and set up direct deposits totaling at least $500 within 90 days of account opening. Open an account
Santander Bank Santander Select account $400 In person New account with qualifying deposits January 31, 2024 Fill in your information on Santander Bank's website to receive a promo code, then open your new account at a branch. You'll receive the bonus after receiving $5,000 or more in direct deposits within 90 days of account opening. Open an account
U.S. Bank Smartly Checking Up to $800 (maximum $500 check bonus and $300 savings bonus) Online New account with minimum opening deposit and qualifying direct deposits March 12, 2024 Earn $100 to $500 when you open a Smartly Checking account and an additonal $300 when you also open a Standard Savings account. You'll need to make a minimum opening deposit of $25 for each account, then deposit at least $3,000 to the checking account and $25,000 to the savings account to get the bonus. Enter the code 2024JAN on both applications. Open an account
Wells Fargo Everyday Checking $300 Both Must be a new account holder with no additional Wells Fargo accounts and no Wells Fargo bonuses received within the past 12 months; must also make qualifying deposits April 1, 2024 Must make a minimum opening deposit of $25 and receive $1,000 or more in electronic deposits within the first 90 days Open an account
Citizens Checking Account Up to $400 Online Must be a first-time primary Citizens account holder who has not been a signer on any Citizens account within the past six months April 11, 2024 Earn $300 by making a direct deposit of $500 or more within the first 60 days; you'll earn up to an additional $100 by making purchases with your debit card (at a rate of $2 per debit card purchase). Open an account
PNC Virtual Wallet $100 to $400 Both Must live in a participating zip code and make qualifying direct deposits February 29, 2024 Open a new Virtual Wallet account and make a qualifying deposit of $500 to $5,000 (depending on the account type) Open an account
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Banks Without Checking Account Bonuses

In the course of our research, we found that the following banks do not offer any signup bonuses for checking accounts at the time of writing.

Note that promotions change regularly, and these banks may offer bonuses in the future.

  • Fifth Third Bank
  • First Republic
  • Flagstar Bank

Best Savings Account Signup Bonuses

What We Recommend

Savings account signup bonuses can be found in the form of cash bonuses or a percentage annual payout based on your balance.

Of the bonuses available at the time of writing, U.S. Bank offers the highest earning potential, with a maximum bonus of $800 total if you open a checking account along with your savings account and make the required qualifying deposits.

However, if you don’t have a large sum to fund a savings account with, Alliant and Regions offer bonus opportunities based on your transaction activity (regular deposits into the savings account) rather than your account balance.

Comparison Table

We contacted customer service representatives from major U.S. banks to find out more about each bank’s signup bonuses for savings accounts — we detail our findings in the table below.

Note that you can sort the table using the arrow buttons at the top of any column.

Bank/Account Offer Online or In Person? Qualifications Expiration How to Get the Offer Get the Offer
Alliant Ultimate Opportunity Savings Account $100 Online Must be a new Alliant Credit Union member and make consistent deposits to your new savings account December 31, 2024 Open a new savings account and deposit at least $100 per month for 12 consecutive months; you'll receive your bonus after 12 consecutive monthly deposits Open an account
Regions LifeGreen Savings Up to $100 annually Both Must set up monthly automated transfers from a Regions checking account N/A Open a LifeGreen savings account online or at a branch and set up automated transfers from a Regions checking account; you'll receive a 1% annual bonus up to $100. Open an account
U.S. Bank Standard Savings Account $300 (plus up to $500 in checking account bonuses) Online Must make qualifying deposits and maintain a minimum total account balance of $25,000 to earn the maximum bonus March 12, 2024 You must open a Smartly Checking account and Standard Savings account, entering the code 2024JAN on each application. Each account requires a $25 minimum deposit, and you must make qualifying deposits of at least $3,000 to the checking account and $25,000 to the savings account during the qualification period. Open an account
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Banks Without Savings Account Bonuses

Signup bonuses aren’t as common for savings accounts as they are for checking accounts.

During our research, we discovered that the following banks don’t have savings account bonuses at the time of writing:

  • Ally Bank
  • Axos Bank
  • Bank of America
  • Capital One
  • Chase
  • Citizens Bank
  • Fifth Third Bank
  • First Republic
  • Flagstar Bank
  • Huntington
  • KeyBank
  • M&T Bank
  • Santander Bank
  • TFC Bank
  • Truist Bank
  • Wells Fargo

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