Newest Checking Account Bonuses and Promotions: October 2021


Banks attract new customers through promotional offers like cash bonuses for new accounts. A GOBankingRates survey suggests that many Americans are missing out on this free money because they don’t research banks before opening a new account.

If you’re looking for a new bank or need another checking account, take a look at this list of checking account bonuses. These promotions were selected based on two criteria — the amount of the bonus and the requirements to earn it.

Checking Account Promotions at a Glance

The best checking account promotions for September 2021 include offers from national and regional banks. Here’s a quick look.

Account Cash Value of Bonus Expiration Date
Chase Total Checking $225 Oct. 18
TD Bank Beyond Checking $300 N/A
PNC Virtual Wallet Up to $300 Sept. 30
Citi Checking Up to $1,500 July 17, 2022

Current Checking Account Promotions

Right now, you can earn up to $1,500 in free money when you open select checking accounts. The largest checking account offers do have higher minimum balance and deposit requirements. But you’ll also find modest bonuses with less restrictive criteria.

Earn Perks With A New Checking Account

Chase Total Checking: $225 Bonus

Chase Total Checking is the bank’s most popular checking account, with access to over 4,700 branches and 16,000 ATMs. The monthly fee of $12 can be avoided in multiple ways, including by receiving direct deposits of $500 or more each month or maintaining an average beginning daily balance of $1,500 or more.

Earn Perks With A New Checking Account

TD Bank Beyond Checking: $300 Bonus

TD Bank provides online checking and high-yield savings accounts. New customers can earn a $300 checking account bonus when they meet the direct deposit requirement. Here’s how:

PNC Virtual Wallet: Up To $300 Bonus

PNC’s Virtual Wallet comes with a checking account called Spend. Its suite of tools offers a way to keep close tabs on your money with a host of digital features, including calendar alerts and Low Cash Mode, which can help you avoid overdraft fees. Plus, you can set savings rules and goals if you choose to add a savings account, called Growth, when opening a Virtual Wallet.

Earn Perks With A New Checking Account

Citi Checking Account: Up To $1,500 Bonus

New checking customers can earn a lucrative bonus when they meet minimum balance requirements. Here’s more:

Earn Perks With A New Checking Account

Cynthia Bowman, Cynthia Measom and Barb Nefer contributed to the reporting for this article.

Information on promotions is accurate as of Oct. 4, 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.

Earn Perks With A New Checking 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.