Opening a checking account is usually a pretty mundane experience. You walk into a financial institution or visit the website, open the account and deposit your funds.
But if you catch a bank on a good day, the experience can be pretty great. You may be able to snag a free prize, bonus cash offer or even earn a much higher interest rate on your deposits.
Just about every financial institution offers some promotional rate or prize at some point, but we’ve nailed down the best checking accounts available so far in 2013.
Top 10 Checking Account Offers in 2013
1. Chase Bank Offer— $200 Total Checking Promotion
One of the best checking accounts 2013 has to offer comes from Chase Bank.
Here’s how it works: First, open a Chase Total Checking account (available only to new Chase checking customers). After opening the account, set up direct deposit and you’re all done.
Within 10 days of your first direct deposit, you will receive $200 in your new Chase checking account.
Keep in mind that to qualify, you must deposit $100 or more into your account within 10 business days of account opening. Also, you must have your direct deposit made to the account within 60 days of account opening.
Offer expires August 15, 2013. Coupon must be used to take advantage of offer.
2. PNC Bank Offer — $150 Virtual Wallet Deal
PNC Bank is making it easy to earn some quick cash when obtaining a Virtual Wallet with Performance Spend.
Customers must open a Performance or Performance Select Checking Account then making a qualifying Direct Deposit along with one payment via PNC Online Bill Pay. All requirements must be completed within 60 days of account opening.
It’s also important to note that the total amount of all qualifying Direct Deposits credited to the checking account must be at least $2,000. Once requirements are met, the bank will credit $150 to the account.
Offer ends July 27, 2013.
3. Sovereign Bank — $125 Checking Bonus
Sovereign Bank customers with the Premier Checking Package can enjoy a $125 bonus. To qualify, Sovereign Bank requires customers:
- Open the checking package (which includes the Premier Checking Account and Premier Money Market Savings Account) online by July 31, 2013.
- Make five debit card purchases or have one direct deposit by September 30, 2013.
- Get $150 cash bonus by October 15, 2013.
The process appears to be pretty simple, though note the deal also requires the following: (1) make a minimum deposit of $25 for checking and a minimum deposit of $10 for savings, (2) enroll online in Online Banking at account opening, (3) request a Sovereign Debit MasterCard at account opening and (4) make five purchases with the Debit Card or have one direct deposit by September 30th.
4. Capital One 360 — $50 Checking Account Bonus
Capital One 360 (formerly ING DIRECT) is offering a $50 deal with its 360 Checking account.
Customers will need to open an account online, then three card purchases or Person2Person payments (or any combo of the two) within 45 days of opening.
The $50 bonus will automatically be deposited into the account on day 50. The bonus is only available for new accounts with a new customer as primary owner.
Another bonus of this checking account is that it offers a variable interest rate for all balances (rates increase with dollar amounts saved). It’s pretty uncommon to gain access to interest, variable or fixed, with a checking account that comes with no fees, no minimums and access to over 38,000 fee-free Allpoint ATMs.