The Best Bank Account Bonuses and Promotions (June 2021)

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Best Bank Account Bonuses and Promotions

Banks want your business, and many of them are willing to pay you a bonus just for signing up for an account and depositing some money. If you need a new bank account, or if you just want to make some easy money, bank account bonuses are a great opportunity.

All bank account bonuses will have some terms and conditions that determine who is eligible for the bonus and what you need to do in order to earn the bonus. In many cases, the bonuses are offered only to new customers, but some bank account bonuses are available for existing customers as well. There will almost always be some sort of minimum deposit required, and you may need to leave that money in the account for a specified period of time in order to earn the bonus.

Checking account bonuses often require you to set up a direct deposit into the account in order to qualify for the bonus. If your employer offers direct deposit for your compensation, this is probably an easy requirement to meet.

Related: Best Credit Card Signup Bonuses

On this page, you’ll find a list of the best bank account bonuses currently available (as of June 2021).

We’ll aim to keep this page as up-to-date as possible, but offers come and go quickly, so we cannot make any claim about the availability of these offers. Be sure to visit the website of the banks and read through all of the terms and conditions to verify the details for yourself before signing up.

For even more free money offers, please see our Free Money page.

The Best Bank Sign Up Bonuses and Offers:

Chase: $225 Checking Account Bonus

Chase

Chase is offering a $225 signup bonus for opening a Chase Total Checking account. In order to qualify, you’ll need to open a new account and set up a direct deposit within 90 days. It’s important to note that the Total Checking account has a $12 monthly service fee, although that can be reduced to $0. You will not be charged the service fee if you meet any of these criteria:

  • You receive at least $500 in electronic deposits into the account during the month
  • You have a balance of at least $1,500 at the beginning of each day
  • You have an average beginning day balance of at least $5,000 (which can also include linked qualifying Chase checking and savings accounts).

The checking account bonus is not available to current Chase checking account holders or those whose Chase checking accounts have been closed within 90 days or closed with a negative balance within the last 3 years.

Offer Details:

  • Type of account: Checking
  • Bonus offer: $225
  • Requirements: Receive a direct deposit into the account within 90 days
  • Offer expires: July 14, 2021
  • Promo page link

Citibank: $300 – $700 Checking Account Bonus

Citibank

Citibank is offering a bonus for new customers who signup for a Citibank Account Package or a Citibank Priority Account Package (checking accounts).

Citibank Account Package – $300 Bonus

To qualify for this bonus, you’ll need to open a new eligible checking account in the Citibank Account Package before June 30, 2021. Deposit at least $15,000 in new-to-Citibank funds into the account within 30 days, and maintain a minimum balance of $15,000 for 60 consecutive days. There is no requirement for direct deposit to earn this bonus.

The Citibank Account Package comes with a $25 monthly service fee, but you can avoid the fee by maintaining a combined average monthly balance of $10,000 in this account and other eligible linked accounts.

Offer Details:

  • Type of account: Checking
  • Bonus offer: $300
  • Requirements: Deposit at least $15,000 and maintain a $15,000 minimum balance for 60 consecutive days
  • Offer expires: June 30, 2021
  • Promo page link

Citibank Priority Account Package – $700 Bonus

To qualify for this bonus, you’ll need to open a new eligible checking account in the Citibank Priority Account Package before June 30, 2021. Deposit at least $50,000 in new-to-Citibank funds into the account within 30 days, and maintain a minimum balance of $50,000 for 60 consecutive days. There is no requirement for direct deposit to earn this bonus.

The Citibank Priority Account Package comes with a $30 monthly service fee, but you can avoid the fee by maintaining a combined average monthly balance of $50,000 in this account and other eligible linked accounts.

Offer Details:

  • Type of account: Checking
  • Bonus offer: $700
  • Requirements: Deposit at least $50,000 and maintain a $50,000 minimum balance for 60 consecutive days
  • Offer expires: June 30, 2021
  • Promo page link

Both of these offers are applicable for new Citibank checking customers or those who have not had a Citibank checking account within the past 180 days.

TD Bank: $150 – $300 Checking Account Bonus

TD Bank

TD Bank is offering a $150 bonus for new customers who open a TD Convenience Checking account. In order to earn the bonus, you’ll need to receive direct deposits of $500 or more within 60 days of opening the account. This account has a monthly maintenance fee of $15, which is waived in any of these circumstances:

TD Bank is offering a $150-$300 bonus for new customers who open a new TD Convenience Checking or TD Beyond Checking account. To qualify for the bonus, you’ll need to receive direct deposits with 60 days of opening the account, and you also need to keep the account open for at least 6 months.

  • $150 bonus – Receive direct deposits totaling at least $500 within 60 days
  • $300 bonus – Receive direct deposits totaling at least $2,500 within 60 days

To be eligible for the bonus, you must be a new TD Bank customer or not had a TD Bank personal checking account within the past 12 months. The offer is for residents of Connecticut, Delaware, Florida, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, South Carolina, Vermont, Virginia and Washington, DC.

Offer Details:

  • Type of account: Checking
  • Bonus offer: $150 – $300
  • Required direct deposit: $500 within 60 days, $2,500 within 60 days
  • Accounts must be opened by: August 3, 2021
  • Promo page link

Wells Fargo: $200 Checking Account Bonus

Wells Fargo

Wells Fargo is offering a $200 bonus for their Everyday Checking account. You must open the account with a minimum deposit of $25. You’ll also need to receive at least $2,000 in direct deposits within 90 days of opening the account, and you must also keep the balance above $0. After that 90 day period, the bonus will be deposited into the account within another 30 days.

The Everyday Checking account comes with a $10 monthly service fee, which is waived if any of the following apply:

  • You maintain a $500 minimum daily balance
  • You receive $500 or more in qualifying direct deposits
  • The account is linked to a Wells Fargo Campus ATM or Campus Debit Card
  • The primary account holder is 17-24 years old

Current customers are not eligible for this account. You are also not eligible if you have received a bonus for opening another Wells Fargo consumer checking account within the past year.

Offer Details:

  • Type of account: Checking
  • Bonus offer: $200
  • Required deposit: $25
  • Required direct deposit: $2,000 within 90 days
  • Accounts must be opened by: June 30, 2021
  • Promo page link

Bank of America: $100 Checking Account Bonus

Bank of America

Bank of America is offering a $100 bonus for new checking account customers (if you’ve had a Bank of America personal checking account in the past 12 months, you are not eligible for this bonus). The account must be opened online (this offer is not available at Bank of America branch locations).

There are three different types of checking accounts that you can choose from, so be sure to see the details on the promo page to decide which one is best for you. The offer and the requirements are the same for each of the three types of checking accounts. To qualify, you must open a new qualifying Bank of America checking account by June 30, 2021 (use offer code “DOC100CIS”). Within 90 days of opening the account, you must also receive two qualifying direct deposits of at least $250 each.

The minimum deposit to open a checking account will be $25 – $100, depending on which type of account you choose. Monthly maintenance fees range from $4.95 – $25, but there are some options that allow you to have the fee waived. Please see the promo page for all of the details on the different types of accounts.

Offer Details:

  • Type of account: Checking
  • Bonus offer: $100
  • Required deposit: $25 – $100
  • Required direct deposit: Two deposits of at least $250 each within 90 days
  • Accounts must be opened by: June 30, 2021
  • Promo page link

PNC: $200 – $500 Business Checking Account Bonus

PNC Checking Account

PNC Bank is offering a bonus of $200 or $500 for opening a new business checking account.

To qualify for the $200 bonus, open a Business Checking or Business Checking Plus account before June 30, 2021. You’ll need to maintain a minimum average ledger balance of $5,000 for the first three statement cycles, and make at least 20 qualifying PNC Bank Visa® Debit Card transactions within the first three statement cycles.

To qualify for the $500 bonus, open a Treasury Enterprise Plan or an Analysis Business Checking account before June 30, 2021. You’ll need to maintain a minimum average ledger balance of at least $30,000 for the first three statement cycles.

All of these accounts do have monthly maintenance fees, but there are ways to get those fees waived or offset. Please see the promo page for details because they vary depending on the type of account.

Offer Details:

  • Type of account: Checking
  • Bonus offer: $200 – $500
  • Maintain balance:  $5,000 or $30,000 for three statement cycles
  • Accounts must be opened by: June 30, 2021
  • Promo page link

Investment Account Bonuses:

Ally: $100 – $3,000 Bonus for Ally Invest Account

Ally

Ally Invest is a great platform for traders and investors. They offer free trades on stocks and ETFs, with a wide selection of ETFs available. Right now they are offering a bonus for new account holders. Current Ally Invest customers are not eligible. You are also not eligible if you closed an account within the past 90 days. The account must be opened through the promo page in order to qualify.

Here are the bonus amounts based on the deposit:

  • Deposit $10,000 – $24,999 to get a $100 bonus
  • Deposit $25,000 – $99,999 to get a $250 bonus
  • Deposit $100,000 – $249,999 to get a $300 bonus
  • Deposit $250,00 – $499,999 to get a $600 bonus
  • Deposit $500,000 – $999,999 to get a $1,200 bonus
  • Deposit $1,000,000 – $1,999,999 to get a $2,000 bonus
  • Deposit $2,000,00+ to get a $3,000 bonus

There are a few details that are very important to note. All new accounts will be reviewed 60 days after opening. Bonuses will be paid into the account within 10 business days after the review. The bonus and qualifying deposit (minus any trading loss) will not be available for withdrawal for 300 days.

See all of the details at the promo page.

Offer Details:

  • Type of account: Investment
  • Bonus offer: $100 – $3,000
  • Required deposit: $10,000 – $2 million
  • Maintain balance for: 300 days
  • Accounts must be opened by: September, 2021
  • Promo page link

E*TRADE: $50 – $3,000 Bonus for Investment Accounts

E*TRADE

E*TRADE is offering a bonus for opening a new investment account. The amount of the bonus varies, depending on how much money you deposit into the account. Here are the bonus tiers:

  • Deposit $10,000 – $19,999 for a $50 bonus
  • Deposit $20,000 – $24,999 for a $100 bonus
  • Deposit $25,000 – $99,999 for a $200 bonus
  • Deposit $100,000 – $199,999 for a $300 bonus
  • Deposit $200,000 – $499,999 for a $600 bonus
  • Deposit $500,000 – $999,999 for a $1,200 bonus
  • Deposit $1,000,000 – $1,499,999 for a $2,500 bonus
  • Deposit $1,500,000+ for a $3,000 bonus

Please see the promotion page for all of the details on this offer. This offer is only for retirement or brokerage accounts opened by June 30, 2021, and you need to use the coupon code “BONUS21”. Eligible deposits must be made within 60 days of opening the account. Please note that the deposited money must remain with E*TRADE for 12 months, or else the bonus cash may be surrendered.

Offer Details:

  • Type of account: Investment
  • Bonus offer: $50 – $3,000
  • Required deposit: $10,000 – $1.5 million+
  • Maintain balance for: 12 months
  • Accounts must be opened by: June 30, 2021
  • Promo page link

Want to see more free money offers? Be sure to see our Free Money page.




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