23 Best Checking and Savings Account Signup Bonuses

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 $200 to $1,500, depending on the amount of your opening deposit and the balance you maintain. (Note that these offers expire in January of 2021).

Offers at other banks like KeyBank, Regions Bank, and Citizens Bank range from $200 to $400 but 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
Citibank Basic $200 Both New account; keep the minimum balance and deposit requirements of $5,000 for 60 days January 5, 2021 Automatic enrollment if you apply online from the bank offers page; the bonus will be credited to your eligible checking account once you've met the bonus criteria Open an account
Citibank Checking Account Package $400 Both New checking and savings accounts (both are required for this offer); keep the minimum balance and deposit requirements of $15,000 in one or both accounts within 30 days for 60 days January 5, 2021 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 Open an account
Citibank Citi Priority Package $700 Both New checking and savings accounts (both are required); the minimum balance and deposit requirements for your account is $50,000 into either account within 30 days for 60 days January 5, 2021 Automatic enrollment if you apply online from the bank offers page; your bonus will be credited to your eligible checking account once you've met the bonus criteria Open an account
Citibank Citigold Package $1,500 Both Enroll in the offer at the time you open both new accounts and keep the minimum balance and deposit requirements of $200,000 into either of your new accounts within 30 days for 60 days January 5, 2021 Apply from the bank offers page online for automatic enrollment; your bonus will be credited to your eligible checking account once you've met the requirements Open an account
Fifth Third Bank Essential, Enhanced, Preferred, Free Checking, or Free Checking plus Extra Time Up to $250 Both New checking account and deposits of $2,000 or more within first 60 days September 30, 2020 Offer code will arrive via email; use offer code online or at a branch; your bonus will be deposited into your account within several weeks of meeting the bonus criteria Open an account
HSBC Premier Checking $450 Online New account and recurring monthly direct deposits of at least $5,000 for 3 consecutive months September 30, 2020 You will automatically receive the bonus within 8 weeks of completing the qualifying activities Open an account
HSBC Advance Checking $200 Online New account and recurring monthly direct deposits of at least $500 for 3 consecutive months September 30, 2020 You will automatically receive the bonus within 8 weeks of completing the qualifying activities Open an account
Huntington Asterisk-Free Checking $150 Both A new Asterisk-Free Checking with at least $1,000 in deposits within 60 days; account must be open for 90 days October 7, 2020 Use the online application link or take the online coupon into a branch; your cash bonus will be in your new account about 14 days of meeting the requirements Open an account
Huntington 5 Checking $200 Both A new account with at least $1,000 in deposits within 60 days; account must be open for 90 days October 7, 2020 Use the online link or take the coupon into a branch; your cash bonus will be in your new account about 14 days of meeting the requirements Open an account
KeyBank Key Express, Key Advantage, Key Privilege, or Key Privilege Select $200 Online Open a qualifying checking account and direct deposit at least $500 within 90 days September 18, 2020 Use offer code ONAS0820 when you apply online; your bonus will be deposited within several weeks after meeting the bonus criteria Open an account
PNC Virtual Wallet Performance Select $300 Both Open and use a virtual wallet Performance Select or Spend checking account with at least $5,000 in direct deposits within the first 60 days September 30, 2020 Apply online or print the online coupon if you visit a branch; your bonus will be deposited once you've met the qualifications Open an account
PNC Virtual Wallet Spend $200 Both Open and use a virtual wallet Spend checking account with at least $2,000 in direct deposits within the first 60 days September 30, 2020 Use the online application or print the online coupon to take to a branch; your bonus will be deposited once you've met the qualifications Open an account
PNC Virtual Wallet $50 Both Open and use a virtual wallet checking account with at least $500 in direct deposits within the first 60 days September 30, 2020 Apply online or print the online coupon and take to a branch; your bonus will be deposited once you've met the qualifications Open an account
Regions Bank LifeGreen Checking $400 Bank Branch New mortgage loan and checking account opened up to 180 days before your closing or 60 days after; $500 in direct deposits within 30 days of your account opening or loan closing date (whichever comes last) December 31, 2020 Mention the $400 bonus when you open your account and set up your mortgage loan; once you meet the requirements, you will receive the bonus deposit within 90 days Open an account
Citizens Bank Checking Account $300 Online At least one direct deposit of $500 or more within the first 60 days October 1, 2020 Click on the "Open Accounts" button in the link below; you can qualify for an additional bonus by opening a savings account at the same time Open an account
Chase Total Checking $200 Both Set up direct deposit for your new checking account within 90 days October 14, 2020 Apply using the link online or print a coupon to use at a branch; once you meet the requirements, you will receive the bonus deposit within several weeks Open an account
Chase College Checking $100 Both Complete 10 qualifying transactions within 60 days (such as debit card purchases and online bill payments) October 8, 2020 Apply using the link online or print a coupon to use at a branch; once you meet the requirements, you will receive the bonus deposit within 10 business days Open an account
SunTrust Essential Checking $200 Both $500 in direct deposits within 90 days of your account opening September 30, 2020 Use offer code Q320ESSENTIAL when you apply for the account online or in person; once you meet the requirements, you will receive the bonus deposit within 4 weeks Open an account
TD Bank Convenience Checking $150 Online $500 in direct deposits within 60 days September 18, 2020 Open an account via the TD Bank website; the bonus will be deposited into your account once you've met the qualifications Open an account
TD Bank Beyond Checking $300 Online $2,500 direct deposits within 60 days September 18, 2020 Open an account via the TD Bank website; the bonus will be deposited into your account once you've met the qualifications Open an account
Bank of America Advantage Checking $100 Online 2 direct deposits of at least $250 within the first 90 days December 31, 2020 Use code PSR100CIS ; the bonus will be deposited into your account once you've met the qualifications Open an account

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:

  • Ally Bank
  • Axos Bank
  • BBVA
  • BMO Harris Bank
  • Capital One
  • First Republic
  • Flagstar Bank
  • M&T Bank
  • Santander Bank
  • TFC Bank
  • USAA Bank
  • U.S. Bank
  • Wells Fargo

Best Savings Account Signup Bonuses

What We Recommend

Citizens Bank and TD Bank are the only banks running savings account promotions at the time of writing. The Citizens Bank cash bonus offer earns our top recommendation; though TD Bank offers the same amount of cash bonus, you can qualify for Citizens Bank’s bonus with a balance of $5,000 less than TD Bank’s requirement.

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
TD Bank Simple Savings and Beyond Savings $200 Both Deposit at least $20,000 into your new savings account within 20 days of opening and for 90 days maintain at least a $20,000 balance September 18, 2020 Apply for a new savings account; once you've met the bonus criteria, your cash will be deposited within about 2 weeks. Open an account
Citizens Bank Savings Account $200 Online Open with $15,000 not currently at Citizens and maintain the balance for 3 months October 1, 2020 Click "Open Accounts;" if you open a checking account at the same time and meet the requirements for it you will earn its $300 cash bonus plus an additional $100 Open an account

Banks Without Savings Account Bonuses

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
  • BBVA
  • Capital One
  • Chase
  • Citibank
  • Fifth Third Bank
  • First Republic
  • Flagstar Bank
  • Huntington
  • KeyBank
  • M&T Bank
  • PNC
  • Regions Bank
  • Santander Bank
  • SunTrust
  • TFC Bank
  • USAA Bank
  • U.S. Bank
  • Wells Fargo