15 Checking Account Bonuses and Promotions Available TodayThe best checking account offers have no fees or few requirements.

NAN728 / Shutterstock.com

When competing for customers, many financial institutions offer valuable bank promotions to get you to open a new bank account. Bank deals offer enticing sign-up and other checking account bonus incentives, ranging from cold, hard cash to free music, retail reward cards and airline miles. Some even allow you to open a bank account online with no deposit or offer bank promotions without requiring direct deposit.

GOBankingRates investigated current checking account promotions and found 15 lucrative promotions available now. So if you’re fed up with your financial institution and want a new bank account — or just want to find the top deals — check out this list of the best checking account offers available right now, their requirements, benefits and drawbacks. If you like one of these new checking account offers, you can open a bank account online with ease.

BankChecking AccountMin. Opening DepositMin. Balance to Avoid FeeHow to Apply
SalemFiveSalem Five eOne Checking$100NoneLearn More
CapitalOneCapital One 360 CheckingNoneNoneLearn More
DiscoverDiscover Bank Cashback CheckingNoneNoneLearn More
CitiCitibank Account PackageNone$10,000Learn More
USBankU.S. Bank Silver Checking Package$25$1,500Learn More
M and TM&T Bank EZChoice Checking$25NoneLearn More
SunTrustSunTrust Bank Essential Checking$100$500Learn More
bank directBankDirect Mileage Checking With Interest$500N/ALearn More
ChaseChase Bank Total Checking$25$1,500Learn More
BMOBMO Harris Everyday Checking$100$1,000Learn More
TD BankTD Bank Convenience CheckingNone$100Learn More
SunTrustSunTrust Bank Select Checking$100$2,000Learn More
TD BankTD Bank Premier CheckingNone$2,500Learn More
ChaseChase Bank Premier Plus Checking$25$15,000Learn More
SunTrustSunTrust Bank Signature Advantage Checking$100$25,000 in total deposit balancesLearn More

Salem Five eOne Checking: $100 Visa Reward Card

Minimum opening deposit: $100
Monthly fee: None
Minimum balance to avoid fee: None
Offer expiration date: None listed

Salem Five offers one of the best promotions available for opening a new checking account. Customers who create a new eOne checking account will receive a $100 Visa Rewards card, provided they satisfy a couple qualifying requirements: Complete two direct deposits over $250 each and either six online bill pays over $25 each or 20 debit transactions over $5 each within 50 days of account opening.

New customers will receive a free first order of checks and a fee-free debit card. Salem Five reimburses out-of-network ATM fees, so customers can get cash wherever it’s convenient.

Don’t Miss: 10 Best Checking Accounts of 2017

Capital One 360 Checking: $25 Bonus

Minimum opening deposit: None
Monthly fee: None
Minimum balance to avoid fee: None
Offer expiration date: None listed

New customers will earn a $25 bonus when they deposit $250 and make a total of three debit card or Person2Person payments within 45 days. Capital One provides a free MasterCard debit card and access to over 40,000 ATMs nationwide without fees. With the 360 Checking account, the higher your account balance, the higher the interest rate the account pays you.

Discover Cashback Checking: Up to $120 Cash Back Every Year

Minimum opening deposit: None
Monthly fee: None
Minimum balance to avoid fee: None
Offer expiration date: None listed

Account holders earn 10 cents every time they make a debit card purchase, pay a bill online and write a check that clears — for up to 100 transactions per month — for an annual bonus of up to $120 per year. No minimum amount is required to create an account, and no minimum balance or monthly fees are required, either.

Helpful features of the Cashback Checking account include mobile check deposit, and online and mobile banking. The bank’s mobile ATM locator can help account holders find more than 60,000 free ATMs across the country.

Citibank Account Package: $300 Bonus

Minimum opening deposit: None (but you must deposit shortly thereafter to fund the account and avoid fees)
Monthly fee: $25
Minimum balance to avoid fee: $10,000
Offer expiration date: March 31, 2017

Customers can earn $300 when they open a checking account in the Citibank Account Package by March 31, 2017 and complete the following requirements:

  • Make a qualifying deposit of $15,000 or more into a new checking or new or existing savings account within 45 days
  • Maintain a minimum balance of $15,000 for 30 consecutive calendar days
  • Complete one qualifying direct deposit to their checking account or make at least one qualifying purchase transaction using their Citibank debit card totaling $250 or more within 45 days of opening the account

The bank will waive the $25 monthly fee for customers who maintain an average balance of at least $10,000. The bank also waives all ATM fees charged by non-Citibank ATMs.

U.S. Bank Silver Checking: $50 Goal Reward

Minimum opening deposit: $25
Monthly fee: $6.95; $8.95 with paper statements
Minimum balance to avoid fee: $1,500
Offer expiration date: None listed

New customers earn a $50 goal reward when they save $500 in a Package Money Market Savings Account within 12 months, which you must also open with a Silver Checking Package to earn the reward. Those who don’t maintain the minimum balance can avoid the monthly fee by electing online statements, signing up for a money market savings account, and either maintaining $1,500 across all accounts or receive monthly deposits of at least $1,000 combined.

The bank’s free digital services include online banking, mobile banking, account alerts and bill pay. Customers earn an additional 1 percent bonus, up to $50, for debit card purchases of gas and groceries.

M&T Bank EZChoice Checking Account: $150 Bonus

Minimum opening deposit: $25
Monthly fee: $6.95
Minimum balance to avoid fee: $0; fee is waived with one or more transactions each month
Offer expiration date: Feb. 28, 2017

Customers can snag a $150 sign-up bonus when they open any new personal checking account at M&T Bank, as long as they complete at least one direct deposit of $100 or more in the first 90 days. To avoid the $6.95 monthly maintenance fee, consumers must make at least one transaction for every monthly service charge cycle. Transactions include debit payments, deposits, checks or withdrawals.

SunTrust Bank Essential Checking: $100 Bonus

Minimum opening deposit: $100
Monthly fee: $7
Minimum balance to avoid fee: $500
Offer expiration date: March 30, 2017

New customers get a $100 bonus when they open an Essential Checking account, deposit at least $100 within 14 days, complete at least $500 in direct deposits within 60 days and make at least 10 debit card purchases within 60 days.

You can avoid the $7 monthly fee by meeting the following requirements:

  • Make 10 or more transactions per statement cycle
  • Make $500 or more in direct deposits per statement cycle
  • Keep a minimum daily balance of $500

Also, students who open the account benefit from a five-year student fee waiver. If a customer closes his account within 180 days, the bonus will be deducted from the final withdrawal.

BankDirect Mileage Checking With Interest: Up to 31,000 AAdvantage Miles

Minimum opening deposit: $500
Monthly fee: $12
Offer expiration date: None listed

New Mileage Checking account holders will earn 1,000 AAdvantage miles just for opening a Mileage Checking account. Account holders have opportunities to earn even more miles:

  • 10,000 additional miles for completing direct deposits of at least $2,000 into the account for six consecutive months
  • 5,000 additional miles for using the online bill pay program for three different bills totaling at least $500 for six consecutive months
  • 5,000 additional miles for using their BankDirect Visa CheckCard at least 12 times per month, totaling at least $500 per month for six consecutive months
  • 1,000 additional miles up to 10 times for each person they refer that opens a BankDirect Mileage Checking account

Chase Bank Total Checking: $200 Bonus

Minimum opening deposit: $25
Monthly fee: $12
Minimum balance to avoid fee: $1,500
Offer expiration date: April 17, 2017

To earn the $200 bonus for opening a new Chase Total Checking account, customers must deposit at least $25 when they open the account and must have a direct deposit made to the new account within 60 days of opening the account. The bonus will be deposited into the checking account within 10 business days of completing the requirements. Note that if anyone who’s closed a Chase account within the past 90 days, isn’t eligible for the bonus.

Some of Chase Bank’s helpful features include mobile check deposit through the Chase app and allowing customers to pay bills without writing checks.

Related: 10 Best National Banks of 2017

BMO Harris Everyday Checking: $100 Bonus

Minimum opening deposit: $100
Monthly fee: $12
Minimum balance to avoid fee: $1,000
Offer expiration date: None listed

To earn the $100 bonus for opening a new BMO Harris Everyday Checking account, customers must deposit at least $100 and sign up for direct deposits. To qualify, the direct deposit must be at least $300 and must start within 60 days of opening the account. The bonus is available only to Bank at Work and Group Banking Services customers and isn’t available to anyone who’s closed their BMO Harris accounts within the past 12 months.

Account holders can avoid the $12 monthly fee by meeting at least one of the following requirements:

  • Have deposits of $500 or more
  • Have a minimum account balance of $1,000 or more
  • Meet other criteria based on amounts you have in other BMO Harris accounts

TD Bank Convenience Checking Account: $100 Bonus

Minimum opening deposit: None
Monthly fee: $15
Minimum balance to avoid fee: $100
Offer expiration date: None listed

Convenience Checking Accounts don’t earn interest, but TD Bank offers a $100 bonus to customers who open this type of account and recieve direct deposits totaling $500 within 60 days. Customers who meet the minimum daily balance of $100 can avoid paying the monthly fee.

TD Bank offers benefits like free mobile banking with mobile deposit, online bill pay and customer service around the clock. Account holders also get a 0.25 percent discount on home equity lines of credit from TD Bank.

SunTrust Bank Select Checking: $200 Bonus

Minimum opening deposit: $100
Monthly fee: $15
Minimum balance to avoid fee: $2,000
Offer expiration date: March 30, 2017

New customers get a $200 bonus when they meet the following requirements:

  • Open a Select Checking account online with code Q117CHKNG123OL
  • Deposit at least $100 within 14 days
  • Complete at least $500 in direct deposits within 60 days
  • Make at least 10 debit card purchases within 60 days

Customers can avoid the $15 monthly fee by meeting at least one of the following criteria:

  • Make $2,000 or more in direct deposits per statement cycle
  • Keep a minimum daily balance of $2,000
  • Maintain $10,000 total combined relationship balances linked across deposits, investments, mortgages and loans
  • Holding a SunTrust First Mortgage with SurePay
  • Hold a linked small business checking account at Suntrust Bank

For customers who close their account within 180 days, the bonus will be deducted from the final withdrawal.

TD Bank Premier Checking: $200 Bonus

Minimum opening deposit: None
Monthly fee: $25
Minimum balance to avoid fee: $2,500
Offer expiration date: None listed

New customers who receive $2,500 in direct deposits in the first 60 days will earn a $200 bonus. In addition to this attractive offer, the Premier Checking account comes with tiered interest rates that pay more as balances increase.

Some perks for banking with TD Bank include a 0.25 percent reduced rate on TD Bank home equity lines of credit and no fees for using any ATM.

See Why: TD Bank Is the Best National Bank of 2017

Chase Bank Premier Plus Checking: $300 Bonus

Monthly fee: $25
Minimum balance to avoid fee:
$15,000
Offer expiration date: April 16, 2017

New customers get a $300 bonus when they set up direct deposit for their Premier Plus Checking account within the first 60 days. To avoid paying the $25 monthly fee, customers must maintain a minimum balance of $15,000 or have automatic payments to a qualifying linked Chase mortgage from their Chase account.

Account holders benefit from the Chase Bank mobile app, which is available for select mobile devices. The bank’s QuickDeposit feature lets customers deposit checks on the go. Once signed up for online banking, customers can enroll in online bill pay. Customer assistance is available 24/7 over the phone to answer any questions.

SunTrust Bank Signature Advantage Checking: $300 Bonus

Minimum opening deposit: $100
Monthly fee: $25
Minimum balance to avoid fee: $25,000 in total deposit balances
Offer expiration date: March 30, 2017

New customers earn a $300 bonus when they meet the following requirements:

  • Open a Signature Advantage Checking account
  • Deposit at least $100 within 14 days
  • Complete at least $500 in direct deposits within 60 days
  • Make at least 10 debit card purchases within 60 days

To avoid the $25 monthly fee, customers must maintain a balance of $25,000 in total deposit accounts.

Comments