Opening a new bank account can be more rewarding than ever. In an effort to attract new customers, banks across the U.S. are offering generous promotions and bonuses—sometimes up to $1,000 or more—just for signing up and meeting certain conditions. Whether you’re looking to switch banks or open a new savings or checking account, there’s likely a cash incentive waiting for you.
Here are the 18 best new bank account promotions and bonuses you can take advantage of in 2025.
1. Chase Total Checking® – $300 Bonus
Bonus: $300
Requirements: Set up direct deposit within 90 days.
Expiration: Varies by location and offer code.
Chase consistently offers one of the most popular checking account bonuses. To qualify, open a Chase Total Checking® account and receive a direct deposit within 90 days. There’s no minimum deposit, but monthly service fees can apply unless certain balance or activity requirements are met.
2. Chase Secure Banking℠ – $100 Bonus
Bonus: $100
Requirements: Complete 10 qualifying transactions within 60 days.
Expiration: Ongoing.
Chase Secure Banking℠ is a low-fee account designed for simplicity. It has no overdraft fees and requires no minimum balance. To qualify for the bonus, make 10 purchases or payments with your debit card, Zelle®, or bill pay within 60 days of opening.
3. Citi® Priority Checking – Up to $2,000 Bonus
Bonus: $200 to $2,000
Requirements: Make a qualifying deposit within 20 days and maintain it for 60 days.
Expiration: Often renewed quarterly.
Citi offers tiered bonuses based on the size of your deposit. The more you deposit, the bigger the bonus. For example, depositing $10,000 may yield $200, while $300,000 or more could earn you $2,000.
4. PNC Virtual Wallet® – Up to $400 Bonus
Bonus: Up to $400
Requirements: Receive qualifying direct deposits within 60 days.
Expiration: Frequently updated.
PNC’s Virtual Wallet combines checking and savings in one product. Bonuses vary based on which account tier you choose and how much you deposit. The $400 offer typically requires at least $5,000 in direct deposits.
5. Wells Fargo Everyday Checking – $300 Bonus
Bonus: $300
Requirements: Receive $1,000 in direct deposits within 90 days.
Expiration: Ongoing with periodic updates.
Wells Fargo’s bonus is easy to qualify for if you’re switching your paycheck or recurring income deposits. Be aware of monthly fees and minimum balance requirements to avoid charges.
6. SoFi Checking and Savings – Up to $325 Bonus
Bonus: Up to $325
Requirements: Sign up for direct deposit.
Expiration: Limited time.
SoFi rewards new customers with tiered bonuses depending on the size of your direct deposit. The account also features no-fee overdraft coverage and high interest on savings balances.
7. Bank of America Advantage Banking – $200 Bonus
Bonus: $200
Requirements: Receive $2,000 in direct deposits within 90 days.
Expiration: Varies.
Bank of America provides a solid $200 offer for its Advantage Banking customers. This account is ideal for everyday banking needs and includes features like mobile check deposit and digital budgeting tools.
8. TD Bank Convenience Checking – $200 Bonus
Bonus: $200
Requirements: Receive $500 in direct deposits within 60 days.
Expiration: Frequently renewed.
TD’s low direct deposit threshold makes this one of the easier bonuses to earn. The Convenience Checking account is ideal for those with modest banking needs and includes student-friendly options.
9. HSBC Premier Checking – Up to $4,000 Bonus
Bonus: Up to $4,000
Requirements: Transfer new money to qualify.
Expiration: Limited time.
This is one of the highest bonuses available, but it’s targeted at high-net-worth individuals. HSBC Premier Checking requires large deposits and high balance maintenance, making it ideal for those managing significant assets.
10. U.S. Bank Smartly® Checking – Up to $800 Bonus
Bonus: Up to $800
Requirements: Open a new checking account, enroll in online banking, and complete direct deposits.
Expiration: Ongoing with offer code.
U.S. Bank’s Smartly® Checking allows flexible banking with a strong mobile app and free overdraft protection. The bonus depends on direct deposit amounts and ongoing activity.
11. Ally Bank Spending Account – $125 Bonus
Bonus: $125
Requirements: Receive qualifying direct deposits.
Expiration: Rotating promotions.
Ally is known for its user-friendly online banking and high-yield savings. The spending account offers occasional bonuses and features no monthly maintenance fees or overdraft charges.
12. Huntington Bank Asterisk-Free Checking® – $150 Bonus
Bonus: $150
Requirements: Deposit at least $1,000 within 60 days.
Expiration: Varies by region.
Huntington Bank provides straightforward checking with no monthly fees. Its bonus is modest but easy to qualify for, making it a good option for Midwest customers.
13. Discover Cashback Debit – $150 Bonus
Bonus: $150
Requirements: Make qualifying purchases.
Expiration: Frequently updated.
Discover’s debit account earns 1% cash back on up to $3,000 in debit card purchases per month. Occasionally, Discover offers cash bonuses for new users who meet purchase thresholds within a specific time frame.
14. Axos Bank Rewards Checking – Up to $300 Bonus
Bonus: Up to $300
Requirements: Receive direct deposits and meet activity thresholds.
Expiration: Limited time.
Axos is a fully online bank with competitive bonuses and no fees. You’ll need to receive direct deposits totaling at least $5,000 and meet other activity benchmarks to earn the full bonus.
15. M&T Bank MyChoice Checking – $200 Bonus
Bonus: $200
Requirements: Receive $500 in direct deposits within 90 days.
Expiration: Region-specific.
M&T’s checking account bonus is easy to earn and comes with minimal account maintenance requirements. Check eligibility based on your location.
16. Capital One 360 Checking – $250 Bonus
Bonus: $250
Requirements: Receive at least $1,000 in direct deposits within 60 days.
Expiration: Seasonal.
Capital One’s 360 Checking offers high-tech tools, no overdraft fees, and strong mobile banking features. Promotions like the $250 bonus appear several times a year.
17. BMO Harris Smart Advantage Account – $350 Bonus
Bonus: $350
Requirements: Receive $4,000 in direct deposits within 90 days.
Expiration: Rotating offers.
BMO Harris offers generous new account bonuses periodically, with easy-to-manage checking accounts that have minimal fees and strong digital features.
18. Regions Bank LifeGreen Checking – $300 Bonus
Bonus: $300
Requirements: Direct deposit of at least $1,000 within 60 days.
Expiration: Ongoing.
Regions Bank is a strong regional player in the South and Midwest. The LifeGreen Checking account offers competitive features and a solid new customer bonus with simple conditions.
Tips for Maximizing Bank Bonuses
Bank bonuses can be a smart way to earn extra cash, but they do come with requirements. Here are some tips to ensure you qualify and maximize your earnings:
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Meet Direct Deposit Requirements: Most bonuses require setting up a direct deposit. This can often include payroll, Social Security, or even transfers from another bank (if allowed).
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Watch for Fees: Some accounts have monthly maintenance fees that can eat into your bonus. Look for ways to waive them or choose fee-free accounts.
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Track Bonus Deadlines: Bonuses typically require completing activities (like receiving deposits or making transactions) within 60 to 90 days.
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Limit One Bonus Per Bank: Many banks limit you to one new account bonus per year, or even per lifetime. Check the fine print.
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Maintain Required Balances: Some promotions require you to keep a minimum balance for a set period—don’t withdraw your deposit too soon.
Final Thoughts
Bank account bonuses can be an excellent way to earn extra cash, especially if you’re already planning to open a new account. With potential payouts ranging from $100 to $4,000, it pays to compare offers and choose the one that fits your financial needs. Always read the terms and conditions, and make sure you’re able to meet the requirements before signing up.
By staying informed and planning strategically, you can take full advantage of the best new bank account promotions available in 2025.