7 Banking Freebies You Can Still Get Today
Written by
Elizabeth Constantineau, AI Editor
Edited by
Elizabeth Constantineau
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services - our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology.
20 Years
Helping You Live Richer
Reviewed
by Experts
Trusted by
Millions of Readers
In today’s banking landscape, amidst a sea of fees, the existence of various banking freebies comes as a welcome surprise. These perks and bonuses, often overlooked, can add significant value to your banking experience. From cost-saving advantages to convenient services, there’s a range of benefits still up for grabs for savvy customers. Read on to discover some of the top banking freebies available today.
7 Banking Freebies You Can Still Get Today
Do banks give freebies? Despite the common perception that banking is all about fees, many institutions still offer a variety of freebies. These perks, ranging from tangible goods to valuable services, are part of banks’ strategies to attract and retain customers. Here are some notable freebies you might come across.
1. Free Checks With Checking Accounts
Many banks provide a set of free checks when you open a new checking account. This traditional perk is still valued by those who rely on paper checks for personal or business transactions.
2. Complimentary Bill Pay Services
Most banks offer free online bill pay services with their bank accounts. This convenient feature enables automatic bill payments, streamlining your monthly financial tasks.
3. Sign-Up Bonuses
Some banks provide free money as a sign-up bonus, serving as an incentive to attract new customers to open an account. These bonuses can be a substantial monetary gift, often requiring specific criteria like a minimum deposit or setting up direct deposits.
4. No-Fee Savings Accounts
In an effort to encourage saving, some banks offer savings accounts with no monthly fees. This is especially common among online banks, where overhead costs are lower.
5. Free Financial Planning and Advice
Certain banks provide complimentary financial planning services to their customers. These services can cover various aspects of personal finance, including investment advice, retirement planning and strategies for managing CD account investments, depending on your account level or assets with the bank.
6. Free ATM Access
Many banks offer free access to a network of ATMs. Some even go a step further, reimbursing fees incurred at non-network ATMs, adding flexibility to cash withdrawals.
7. Complimentary Safe Deposit Box
For customers with premium accounts, banks often offer a free safe deposit box — a secure place to store valuable items or documents.
Final Take
Banking freebies, from free money in the form of sign-up bonuses to practical services like bill pay and ATM access, are still widely available. These perks can enhance your banking experience and add value to your financial management. Always ask about available freebies when opening an account or reviewing your current banking setup, to make the most out of your banking relationship.
FAQ
Here are the answers to some of the most frequently asked questions about banking freebies.- What do banks give out for free?
- Banks offer a variety of freebies to attract and retain customers. Common offerings include:
- Free checks
- Complimentary bill pay services
- No-fee savings accounts
- Free financial planning advice
- Free ATM access
- Complimentary safe deposit boxes
- The availability of these freebies can vary from one bank to another.
- Banks offer a variety of freebies to attract and retain customers. Common offerings include:
- Can banks give you free money?
- Yes, some banks offer free money, often as sign-up bonuses for opening a new account. These bonuses typically require meeting certain criteria, such as making a minimum deposit, setting up direct deposits or maintaining a specific balance over a certain period.
- Can I get free money?
- Yes, you can potentially get free money in various ways, such as sign-up bonuses for opening new bank accounts, cash-back rewards on credit cards or participating in customer loyalty programs. Additionally, some employers offer matching contributions to retirement plans, which is another form of free money.
Editor's note: This article was produced via automated technology and then fine-tuned and verified for accuracy by a member of GOBankingRates' editorial team.
