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8 Best Savings Account Promotions Available Now

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Savings accounts can give you a way to manage your money more efficiently than you could with just a checking account. And when you take advantage of the best savings account bank promotions, such as those with a signing incentive, the free money can help build up your savings balance. Whether you’re opening your first savings account, adding a second account or trying out a new bank, it pays to reward yourself with the best savings account offers.

Best Savings Account Promotions Available Now
Savings Account Promotion Details Min. Opening Deposit How to Apply
Chase Bank Chase Savings $150 bonus when you open a Chase Savings account, deposit $10,000 or more within 10 business days and maintain a $10,000 balance for 90 days $25 Learn More
Regions Bank LifeGreen Savings Account 1% annual savings bonus up to $100 by setting up automatic transfer of funds of at least $10 from Regions checking account to LifeGreen Savings for the entire year $50 Learn More
Citizens Bank College Saver To get $1,000 bonus plus interest when child turns 18, open savings account before child’s 12th birthday and make $25 minimum deposit each month $25 if child is under 6; $500 if child is 6 to 12 Learn More
Amboy Direct eSavings Earn $50 bonus for new eSavings clients by maintaining a $3,000 minimum balance for 3 months $100 Learn More
U.S. Bank START Smart Savings Set savings goal and automatically transfer money from Silver Checking each month; earn $50 goal reward when savings goal reached within one year of enrolling $25 Learn More
BBVA Compass Build My Savings Account BBVA will match 1% of your total transfer amount up to $50 for a 12-month savings plan and up to $25 for a 6-month savings plan $25 Learn More
SunTrust Bank Select Savings Account 1% annual bonus up to $25 on anniversary of account opening when linked to certain SunTrust checking accounts 100 Learn More
EverBank Yield Pledge Money Market Earn 1.31% APY on balances up to $250,000 the first year for first-time money market clients $5,000 Learn More

Top Savings Account Promotions

Banks offer promotions to earn your business, so savings account promotion deals are always available. Depending on whether you’re looking for the best interest rates or cash incentives, some offers might be more attractive than others. Here are the best savings account promotions and bank signup bonus offers that you can take advantage of right now:

Chase Bank Chase Savings: $150 Bonus

Earn a $150 Chase Bank bonus when you open a new savings account as a new customer, deposit at least $10,000 within 10 business days, and maintain the balance for at least 90 days. To have the monthly $5 service fee waived, keep a minimum daily balance of $300 or more, or set up at least one $25 repeating automatic transfer from your Chase personal checking account each month. The service fee is also waived for account holders 18 and under. This promotion expires Jan. 1, 2018.

Learn: How to Open a Savings Account

Regions Bank LifeGreen Savings: $100 Bonus

To score this savings account offer, you must have or open a Regions Checking account.  Earn a 1 percent annual savings bonus of up to $100 when you set up monthly automatic transfers of at least $10 from your Regions checking account to your LifeGreen savings for the entire year. With an opening minimum deposit of $50 — $5 if you open the account in-branch with a monthly transfer from your Regions checking account — no service fee, and a 30 percent discount on one safe deposit box account, this account can really pay off.

Citizens Bank College Saver: $1,000 Bonus

Earn big on this account designed for future college students. Get a $1,000 bonus plus interest on your child’s 18 birthday when you open the account before his 12th birthday and make at least a $25 deposit each month, every year. With no savings limits on this account, the more you save, the more interest you can earn. To help you stay on track with your deposit accounts, you’ll receive deposit reminders, or you can enroll in Steady Save to ensure deposits happen when they should.

Amboy Direct eSavings: $50 Bonus

New eSavings clients can earn a $50 bonus for maintaining a $3,000 minimum balance for at least three months. Sometimes financial emergencies force you to withdraw the bulk of your savings, but be sure to keep at least $1 in the account to avoid forfeiting accrued interest. To transfer funds to your eSavings account, you can use an Amboy or non-Amboy personal checking account and still enjoy the same benefits. Plus, you don’t have to hassle with monthly fees or minimum balance requirements.

U.S. Bank START Smart Savings: $50 Bonus

Initiate U.S. Bank’s START Smart Savings Program when you open a Silver Checking Package and link it to a Package Money Market Savings Account. Set a savings goal and automatically transfer money from your Silver Checking account to your Package Money Market Savings each month. Get a $50 reward when you reach the goal you set and receive a 1 percent bonus, up to $50, on gas and grocery purchases you make with your Silver Checking Visa debit card.

See: Money Market Account Tips to Improve Your Savings Strategy

BBVA Compass Build My Savings: 1 Percent Match

Get a reward when you reach your savings goals. Open a Build My Savings account with at least $25, and then link it to your BBVA Compass consumer checking account to start saving. BBVA Compass will match 1 percent of your total transfer amount, up to $50, for a 12-month savings plan, or up to $25 for a six-month savings plan. Use the calculator on Compass Bank’s website to calculate your Match Bonus and get motivated to start saving. In addition to the bonus, you’ll earn interest on the entire balance in your account.

SunTrust Bank Select Savings: $25 Bonus

SunTrust makes it easy to earn a reward when you set up a savings plan and contribute to it. Earn a 1 percent anniversary bonus — up to $25 — when you link your SunTrust Bank Select Savings account to a  SunTrust Select Checking or Signature Advantage Checking account. Having the linked checking account will also allow you to avoid the monthly maintenance fee if you set up a monthly minimum $25 automatic transfer or maintain a $1,000 daily balance.

EverBank Yield Pledge Money Market: 1.31% Intro APY

Begin saving and earning with Everbank’s IRA-eligible Yield Pledge money market account. This high-interest account’s introductory 1.31% APY — one of the highest interest rates offered — lasts for an entire year after you open the money market account, which gives you the opportunity to make the most of your savings. Add money to your account any time with the convenience of mobile check deposit, and enjoy no monthly account fee. Plus, the bank’s website has a feature that allows you to calculate your potential earnings to help motivate you to get started.

Up Next: Save $1,000 for Emergencies With These Tips

When looking for the best bank account offers, it pays to research what’s out there. The best bank promotions available can offer you ways to make the most of your money instead of just storing your funds in a basic savings account.