10 Best Savings Account Promotions Available Now

Find a savings account bonus offer you can't refuse.

Savings accounts enable you to manage your money more efficiently than you can with just a checking account — keeping separate accounts is easy and might make you less inclined to dip into your savings. When you take advantage of the best savings account bank promotions, that “free money” can really help build up your 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.

Here’s a look at the 10 best savings account promotions currently available:

Best Savings Account Promotions Available Now
BankSavings AccountPromotion DetailsMin. Opening DepositMin. to Avoid FeeHow to Apply
ChaseChase 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$300 or at least one repeating automatic transfer of $25 or more from your personal Chase checking each monthLearn More
Regions logo 2017Regions Bank LifeGreen Savings Account1% annual savings bonus up to $100 by setting up automatic transfer of funds for entire year of at least $10 from Regions checking account to LifeGreen Savings$50 online; $5 in branch$0Learn More
Citizens Bank logo 2017Citizens Bank College Saver$1,000 bonus plus interest when child turns 18, when you 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 12Minimum total savings accumulated each monthLearn More
Amboy Direct logo 2017Amboy Direct eSavings$50 bonus for new eSavings clients for maintaining $3,000 minimum balance for 3 months$100$0.01 to avoid account closing; $1 to keep any interest earnedLearn More
US Bank logo 2017US Bank Start Smart SavingsSet savings goal and automatically transfer money from Silver Checking each month; earn $50 goal reward when you reach savings goal within one year of enrolling$25$0Learn More
BBVA CompassBBVA Compass Build My Savings Account1% match of your total transfer amount up to $50 for 12-month savings plan and up to $25 for 6-month savings plan$25$0Learn More
SunTrustSunTrust Bank Select Savings Account1% annual bonus up to $25 on anniversary of account opening when linked to certain SunTrust checking accounts$100$1,000 or $25 auto transfer from a SunTrust checking accountLearn More
EverBankEverBank Yield Pledge Money Market1.41% APY for first year for first-time money market clients on balances up to $250,000$5,000$0Learn More
Citizens Bank logo 2017Citizens Bank HomeBuyer Savings$1,000 credit toward closing costs on your Citizens Bank mortgage when you open an account and save a minimum of $100 a month for 36 months$100$15 for each transaction over 6 per calendar monthLearn More
Discover Online Savings AccountApply for first Discover Online Savings Account by Feb. 28 and deposit at least $15,000 by March 14 to earn $150 bonus or $25,000 by March 14 to earn $200 bonus$0$0Learn More

Top Savings Account Promotions

Banks offer promotions to earn your business, so savings account promotion deals are almost 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 top savings account promotions and best bank account bonuses that you can take advantage of right now:

Chase Bank Chase Savings: $150 Bonus

Earn a $150 Chase Bank bonus when you open a savings account as a new customer, deposit at least $10,000 within 10 business days and maintain the balance for at least 90 days. If the offer appeals to you, act quickly: The promotion expires April 16, 2018.

Chase will waive the $5 service monthly fee if you choose one of these options:

  • Have a minimum daily balance of $300 or more.
  • Set up at least one $25 repeating automatic transfer from your Chase personal checking account monthly.
  • Have a linked Chase Premier Plus Checking, Chase Premier Platinum Checking or Chase Private Client Checking account.
  • Meet the 18-and-under age requirement.

Learn: How to Open a Savings Account

Regions Bank LifeGreen Savings: $100 Bonus

In order to score this savings account bonus 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 for the entire year of at least $10 from your Regions checking account to your LifeGreen savings.

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 one of the best savings account bonuses on this account designed for future college students. Get $1,000 plus interest when your child turns 18 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. You’ll receive deposit reminders help you stay on track with your deposit accounts — or you can enroll in Steady Save to ensure deposits happen when they should.

Find Out: Why Online Savings Accounts Have Higher Interest Rates

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. Although financial emergencies might force you to withdraw the bulk of your savings, 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 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 your goal and receive a 1 percent bonus of 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% Match

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

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 of up to $25 when you link your SunTrust Bank Select Savings account to a SunTrust Select Checking or Signature Advantage Checking account. Linking your checking account will also enable 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: 1.41% Intro APY

Thanks to Everbank’s IRA-eligible Yield Pledge money market account you are on your way to saving every day. This high-interest account’s introductory offer of 1.41% APY on balances up to $250,000 — one of the highest interest rates offered — lasts for an entire year after you open the money market account.

Add money to your account at any time with the convenience of mobile check deposit, and enjoy no monthly account fees. If you need motivation to get started, use the tool on the bank’s website to calculate your potential earnings.

Citizens Bank HomeBuyer Savings: $1,000 Credit

Citizens Bank can help you achieve your goal of buying a home when you open an account and save a minimum of $100 a month for 36 months. Not only will you have increased your balance in your savings account at the end of three years, you’ll receive a $1,000 credit toward the closing costs on your Citizens Bank mortgage. Contact Citizens Bank to help you find the right mortgage and find out about ways to check your credit as you save.

Discover Online Savings Account: Up to a $200 Bonus

Enjoy one of the best savings rates and pay no monthly maintenance or minimum balance fees when you open a Discover online savings account by Feb. 28, 2018. Deposit at least $15,000 total into your account by March 14 to earn a $150 bonus or deposit at least $25,000 total into your account by March 14 to earn a $200 bonus. The online savings account bonus will be credited to your account by March 28.

Up Next: Questions to Ask Before Opening a Savings Account

Methodology: GOBankingRates.com identified the best savings account promotions by analyzing promotion details, minimum opening deposits and minimums to avoid fees. All fees and rates are subject to change at the issuers’ discretion. And, some bonus offers might no longer be available on the issuers’ websites, depending on how you access the web page.

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’s alone and have not been reviewed, approved, or otherwise endorsed by the companies included in the article.