Best New Bank Promotions in California: September 2021 Offers, Coupons and Bonuses

13-Smile / Getty Images/iStockphoto

Banks regularly run promotions to attract new customers. They want your business and will pay you money when you choose to do your banking with them. You can make hundreds just by signing up for a new account and meeting a few additional requirements. And with the current state of the economy, the extra cash can be helpful.

These California bank promotions highlight some of the best offers available right now in the Golden State. They made the list because they are lucrative and have requirements within reach for many customers.

Checking Account Promotions

To take full advantage of these best checking account promotions in California, you have to meet certain deposit requirements. In most cases, you’ll need to receive direct deposits to qualify.

OneWest Bank Checking Account: Up To $300 Bonus

OneWest Bank, a division of CIT Bank, is offering a tiered checking promotion for three of its products: Personal Checking, Premium Checking and OneAccount Checking. Premium Checking and OneAccount Checking are interest-earning accounts, while Personal Checking is a more basic option that does not earn interest. All feature 24/7 access to online banking, a debit card with a tap-to-pay feature and unlimited check writing.

More From Your Money

More From Your Money

PNC Virtual Wallet: Up To $300 Bonus

The checking account portion of PNC’s Virtual Wallet is called Spend. Its features include a suite of digital tools so you can track your spending and how it aligns with your budgeting goals. All Virtual Wallet Spend accounts now feature Low Cash Mode, which is a set of account tools meant to prevent overdrawing your account and letting you activate an enhanced set of alerts for certain activities.

More From Your Money

Wescom Credit Union Checking Account: Up To $500 Bonus

This credit union is open to membership for anyone who lives, works, attends school or worships in Southern California. Its accounts feature access to the CO-OP network of ATMs, which is over 30,000 strong across the U.S. and Canada. Members may access their direct deposits up to two days sooner than they would at many large banks, since Wescom posts deposits when they are received, regardless of the settlement date.

More From Your Money

Savings Account Promotions

One of the best savings account promotions in California requires a checking and savings account. However, you’ll be rewarded with a lucrative bonus for your efforts.

FirstBank Bloom Package: $300 Bonus

The Bloom Package includes a checking and savings account, plus online banking, eStatements and a FirstBank Visa debit card. You can build your savings balance as you spend money by electing to transfer a set amount or rounded to the next dollar difference with each transaction you make with your debit card, bill pay or electronic transfer. There’s no minimum balance requirement and no monthly service charges as long as you sign up for online banking with eStatements.

More From Your Money

Citi Savings Account: Up To $2,000 Bonus

California residents with significant assets are eligible to receive a whopping $2,000 in free cash from Citi for moving their money to the bank. Citi currently offers a tiered bonus based on your savings account balance, and the more you save, the more you’ll earn. Read on to find out more.

More From Your Money

Business Account Promotions

If you’re looking for the best business account promotions in California, look no further. This month, you can cash in on a bonus for opening a new account.

Chase Business Complete Banking: Up To $750 Bonus

With Chase Business Complete Banking, you get low-fee checking along with Chase QuickAccept for accepting card payments from customers. This package includes options for accepting and sending wire transfers, access to online bill pay and more. New customers have the chance to earn up to $750 when they open an account and meet requirements. Here’s how:

PNC Business Checking Account: Up To $500 Bonus

Smaller businesses or those looking for a more basic business checking account can open a PNC Business Checking or Business Checking Plus account for a $200 reward. Those with larger or more complex business banking needs can opt for the PNC Treasury Enterprise Plan or Analysis Business Checking account and receive a $500 bonus. Read on for the details.

Bank of America Business Checking Account: Up To $750 Bonus

New business customers can cash in on a $500 or $750 bonus when opening a Business Advantage Fundamentals Banking or Business Advantage Relationship Banking account. You’ll also get a free one-year trial of Preferred Rewards for Business with this offer. Here’s more:

Choosing the Best Bank Promotions

A special promotion shouldn’t be the only reason you choose a bank, but that also doesn’t mean you shouldn’t cash in when you can. Plenty of bank promotions in California that are available right now allow you to pocket some extra money. Just make sure the California bank is convenient to use and offers products and services that meet your financial needs.

Other Banks in California

Julia Gordon contributed to the reporting for this article.

Information on promotions is accurate as of Aug. 31, 2021. Additional requirements may apply. Offers and terms are subject to change.

GOBankingRates is a personal finance and consumer interest rate website owned by ConsumerTrack Inc., an online marketing company serving top-tier banks, credit unions and other financial services organizations. Some companies mentioned in this article might be clients of ConsumerTrack Inc., which serves more than 100 national, local and online financial institutions. Rankings and roundups are completely objective, and no institution, client or otherwise, paid for inclusion or specific placement. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by the companies included in the article. All fees and rates are subject to change at the issuers’ discretion. Some interest rates might be short-term or promotional offers only, and it is possible additional terms and conditions must be met to obtain the interest rates listed. Rates and availability might vary by region. Verify terms and conditions before opening an account.

GOBankingRates bases its assessment of “best” and “top” products on the above-stated parameters to create a baseline for comparison. This assessment is an approximation of “best” and “top” designed to help consumers find products that might be appropriate for them. There could be other options available as well. Consumers should consider various options appropriate for their circumstances.

This article has been updated with additional reporting since its original publication.

Editorial Note: This content is not provided or commissioned by the bank advertiser. Opinions expressed here are author’s alone, not those of the bank advertiser, and have not been reviewed, approved or otherwise endorsed by the bank advertiser. This site may be compensated through the bank advertiser Affiliate Program.