Best Bank Account Promotions & Bonus Offers in 2019

When you find that one bank that offers a decent savings or checking account, chances are, you’ll get comfortable – and never want to switch.

If the bank ticks all the boxes for you – like providing quick access to your money, an easy-to-use mobile app, decent APY, and no monthly maintenance fee – why would you ever want to move your account elsewhere? It is, after all, a lot of work!

I completely get that. But the truth is, by staying with one bank your whole life, you’re missing out on some very attractive checking and savings account offers. I’m talking generous cash bonuses which you could get just for opening a checking or savings account (or both!).

Whether you’re interested in what the best checking account offers are, or what rewards you could get for opening a new savings account – read on, because, in this post, I’m sharing the ultimate best bank account promotional offers right now.

Best Bank Promotions & Bonus Offers for 2019

best bank promotions and bonus offers

Here’s my list of the best checking and savings account offers right now:

$400 Bonus with Wells Fargo Everyday Checking

Wells Fargo is rewarding new customers with a limited time $400 bonus for opening a new Everyday Checking account.

The account can be opened in a few easy steps online, which is a bonus if you prefer an online experience over visiting a bank branch. The account does come with a $10 monthly service fee, which can be avoided if you meet any of the following requirements:

  • Making ten or more posted debit card transactions
  • Qualifying direct deposits totaling $500
  • Have a $1,500 minimum daily balance
  • Have a linked Wells Fargo Campus Debit Card or Campus ATM
  • If you’re 17 to 24 years old

How To Qualify:

To qualify for the Well Fargo Bonus Offer, you will need to open an account and deposit $25 into the account by December 31, 2019. You will also need to receive a total of $3,000 or more each month in qualifying direct deposits for three consecutive months (within 150 days of opening your account).

$400 Bonus with Wells Fargo Everyday Checking Type of account: checking
Monthly fee: $10 (can be avoided)
Minimum opening deposit: $25
Cash bonus: $400
Offer ends: December 31, 2019
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$400 Bonus with Wells Fargo Everyday Checking

$300 Sign-up Bonus with TD Bank Beyond Checking

You can earn a $300 sign-up bonus with the TD Beyond Checking account when you open a new account and make $2,500 in direct deposits in the 60 days from account opening.

With TD Bank, you get access to approximately 1,300 free ATMs in the U.S. and get reimbursed for fees from other ATMs if you maintain a minimum daily balance of $2,500.

There is a monthly maintenance fee of $25, but you can go fee-free if you set up a monthly direct deposit of $5,000 or more, or maintain a daily balance of at least $2,500, or have a $25,000 combined balance across eligible TD accounts.

With TD Bank, you’ll also earn interest on your checking account. It may be small (up to 0.05% APY) – but that still means your money is growing. It could add up, especially if the amount you deposit into your account is quite substantial.

TD Bank often offers very attractive combined bonuses, too – for example, previously you could get up to $500 for opening a TD Beyond Checking account and a TD Preferred Savings account. The offer ended in August, but make sure you keep an eye out for new combo deals.

How To Qualify:

To qualify, deposit $25 into your new account, then receive at least $2,500 worth of qualifying deposits within 60 days.

$300 Sign-up Bonus with TD Bank Beyond Checking Type of account: checking
Monthly fee: $25 (can be waived)
Interest rate: 0.01% APY on balances of $0.01 - $9,999.99; 0.03% APY on balances of $10,000 - $49,999.99; 0.05% APY on balances of $50,000+
Minimum opening deposit: $0
Cash bonus: $300
Offer ends: December 2, 2019
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$300 Sign-up Bonus with TD Bank Beyond Checking

$300 Sign-up Bonus with Chase Premier Plus Checking

Open a new Chase Premier Plus Checking account, and enjoy a $300 sign-up bonus plus interest on your money.

With Chase, you’ll also earn interest on your money. You’ll earn 0.01% APY, which isn’t much, but that’s still better than nothing – especially on a checking account!

There is a $25 monthly service fee, which can be avoided if you keep an average of at least $15,000 in your account daily. Alternatively, you can go fee-free by setting up automatic payments for your Chase first mortgage from this Chase account.

How To Qualify:

To qualify for the bonus, open a new Chase Premier Plus Checking account, and set up a direct deposit within the first 90 days of opening your account. Within ten business days, you’ll receive the bonus!

$300 Sign-up Bonus with Chase Premier Plus Checking Type of account: checking
Monthly fee: $25 (can be waived)
Interest rate: 0.01% APY
Minimum opening deposit: $0
Cash bonus: $300
Offer ends: January 21, 2020
Learn More
$300 Sign-up Bonus with Chase Premier Plus Checking

$100 Bonus with Chase College Checking

Are you a college student aged 17 to 24 with no existing Chase accounts? If so, don’t miss an opportunity to earn a $100 bonus just for opening a new College Checking account.

With Chase College Checking, you get access to 16,000 ATMs and nearly 5,000 bank branches. There’s no monthly service fee until after your expected graduation date (for up to 5 years). After then, the service fee is $6 or $0 when you make a direct deposit to your Chase College Checking account, or keep an average ending day balance of $5,000 or more.

How To Qualify:

To qualify, you will need to open an account, enroll in paperless statements and complete a minimum of 10 qualifying transactions within 60 days of account opening.

$100 Bonus with Chase College Checking Type of account: checking (for students)
Monthly fee: $0
Minimum opening deposit: $0
Cash bonus: $100
Offer ends: January 11, 2020
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$100 Bonus with Chase College Checking

$100 Sign Up Bonus with Bank of America

If you’re looking for a no-fuss way to qualify for a sign-up bonus, Bank of America offers just that.

Open a new checking account by December 31, 2019, and set up + receive at least two qualifying direct deposits of $250 within the first 90 days of account opening. And – voila – the $100 bonus is yours!

The offer is only valid with new Bank of America checking account customers, so if you already have a checking account with the bank, you won’t qualify. There are three Bank of America checking accounts to choose from:

  • Bank of America Advantage SafeBalance Banking
  • Bank of America Advantage Plus Banking
  • Bank of America Advantage Relationship Banking

Each account has a minimum opening deposit as well as monthly service fees, but there are ways to waive the fees (for example, enrolling in Preferred Rewards, meeting minimum balance requirements, and having a qualifying minimum direct deposit).

How To Qualify:

To qualify, open one of the three checking accounts using the link below by December 31, 2019, and set up and receive two or more qualifying direct deposits of $250 or more within the first 90 days of account opening

$100 Sign Up Bonus with Bank of America Type of account: checking
Monthly fee: $4.95 or $0 (Bank of America Advantage SafeBalance Banking; $12 or $0 (Bank of America Advantage Plus Banking); $25 or $0 (Bank of America Advantage Relationship Banking)
Minimum opening deposit: $25 or $100 (depending on which account you choose)
Cash bonus: $100
Offer ends: December 31, 2019
Learn More
$100 Sign Up Bonus with Bank of America

Up to $750 with HSBC Premier Checking OR Advance Checking

To receive a whopping $750 welcome bonus, you may want to consider becoming a customer of HSBC by the end of this year. HSBC is offering excellent cash bonuses for opening an HSBC Premier Checking or Advance Checking accounts before December 31, 2019.

You can earn $750 if you open an HSBC Premier Checking account and complete qualifying activities (such as making recurring Direct Deposits of at least $5,000 from a third party to the HSBC Premier checking account each month, and receiving monthly Direct Deposits totalling at least $5,000 into the checking account for 3 consecutive months from the second month of account opening). You’ll get your $750 bonus approximately eight weeks after completing these qualifying activities.

Alternatively, you can get a $350 welcome bonus with a new HSBC Advance Checking account. To qualify, you’ll need to deposit a minimum balance of $5,000 in new money within 30 calendar days of account opening and maintain this minimum balance for at least 90 days. You’ll also need to set up a recurring Direct Deposit from a third party to your HSBC Advance Checking account at least once per calendar month for three consecutive months (following account opening month).

Both accounts come with no foreign transaction fees, and no ATM fees – but a monthly fee may apply if you don’t meet the requirements above, so before you do apply for one of these accounts, make sure you can meet them.

How To Qualify:

To qualify for the HSBC Premier Checking bonus – make recurring Direct Deposits of at least $5,000 from a third party to the HSBC Premier Checking account per month + receive monthly Direct Deposits totalling at least $5,000 for 3 consecutive months from the second month of account opening.

For HSBC Advance Checking – deposit at least $5,000 in new money within 30 days of account opening + maintain the balance for at least 90 days + set up a recurring Direct Deposit from a third party to your HSBC Advance Checking account at least once per calendar month for three consecutive months (following account opening month).

$750 Bonus with HSBC Premier or Advance Checking Type of account: checking
Monthly fee: $25 for HSBC Advance Checking (if requirements above are not met); $50 for HSBC Premier Checking (if requirements are not met)
Minimum opening deposit: $0
Cash bonus: up to $750
Offer ends: December 31, 2019
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$750 Bonus with HSBC Premier or Advance Checking

Up to $200 with Discover Online Savings

Get a bonus from Discover Bank for opening an Online Savings Account by November 4, 2019. You can earn one of the two bonuses – a $150 bonus or a $200 bonus – depending on how much money you deposit into your account.

Applying for the Online Savings Account is easy and can be done online (surprise surprise!), and the offer isn’t valid for existing or prior customers with savings accounts.

How To Qualify:

To qualify for the $150 bonus, deposit at least $15,000 into your account by November 18, 2019. Alternatively, get the bigger bonus by depositing at least $25,000 into your account by the same date.

$200 Bonus with Discover Online Savings Type of account: online savings
Monthly fee: $0
Interest: 1.85% APY
Minimum opening deposit: $0
Cash bonus: $200
Offer ends: November 4, 2019
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$200 Bonus with Discover Online Savings

Up to $350 with Chase Total Checking + Chase Savings

Want a double Chase bonus? New customers who open a Chase Total Checking and Chase Savings accounts can earn up o $350 in sign-up bonuses!

Both accounts have a monthly service fee – but you can avoid paying that if you know how to play by the rules. With Chase Total Checking account, either receive direct deposits totalling $500 per monthly statement period, maintain a balance of $1,500 or more at the beginning of each day or an average beginning day balance of $5,000 in any combination of this account as well as linked Chase checking, savings, or other balances – and you won’t pay the monthly fee.

With the Chase Savings account, there are quite a few ways to waive the $5 monthly fee. I won’t list them all, but one of them is having a balance of at least $300 at the beginning of each day.

How To Qualify:

Open a Chase Total Checking account, and set up a direct deposit to qualify for a $200 bonus. If you want to take your reward to the next level, open a new Chase Savings account, and deposit a balance of $10,000 or more in new money within 20 business days of account opening. If you maintain a balance of $10,000 or more for 90 days, you’ll get a $150 bonus. Sounds pretty awesome, right?

$350 Bonus Offer with Chase Total Checking & Savings Type of account: checking and savings
Monthly fee: $12 or $0 (Chase Total Checking); $5 or $0 (Chase Savings)
Interest: 0.01% APY on savings online balances
Minimum opening deposit: $0 for all accounts, $10,000 deposit to earn savings bonus
Cash bonus: up to $350
Offer ends: January 21, 2020
Learn More
$350 Bonus Offer with Chase Total Checking & Savings

Up to $400 with Associated Bank Choice Checking + Associated Relationship Savings

Associated Bank also has a few excellent bonus schemes in place valid until December 31, 2019.

The highest $400 bonus is offered to new customers who open a checking and savings account with the bank.

If you don’t want to be charged a monthly fee, ideally you should always maintain a daily balance of $25,000 in your savings account, and $10,000 in your checking account. You will pay monthly fees otherwise.

How To Qualify:

To qualify, open an Associated Choice Checking account with a minimum deposit of $100 – and make three payments using the Associated Bank Online Bill Pay, or one Direct Deposit of $300 or more within 45 days of opening your account.

The second step is opening an Associated Relationship Savings account with a minimum deposit of $25,000 (within ten days of opening the checking account). You’ll then need to maintain a minimum combined balance of $25,000 in those accounts for 90 days to receive $400.

Up to $400 Bonus with Associated Bank Type of account: checking and savings
Monthly fee: $25 (Choice Checking account); $20 (Associated Relationship Savings). Both fees can be waived if you meet the requirements
Interest: 1.05% APY offered by Associated Relationship Savings account (if you maintain a minimum daily balance of $25,000)
Minimum opening deposit: $100 to open Associated Choice Checking; $25 to open Associated Relationship Savings (but $25,000 to receive the bonus)
Cash bonus: $400
Offer ends: December 31, 2019  
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Up to $400 Bonus with Associated Bank

Up to $100 with Capital One Bonus Offers

Capital One offers sweet cash bonuses to new customers that open one of the accounts below:

  • Earn up to a $100 bonus for opening a Capital One 360 Performance Savings Account – and depositing money into it. Depositing between $250 and $9,999.99 into your new savings account will guarantee a $25 bonus while depositing $10,000 or over will earn you $100.
  • Get a $25 bonus for opening a Capital One 360 Checking Account with a minimum deposit of $250. You will also need to make at least three debit card purchases (or Person2Person payments) within 45 days of opening your account. Your bonus will then be transferred to your account on day 50!

The good thing about these accounts is that there are no maintenance fees nor minimums – although to qualify for the bonuses, you will need to move some money around.

Bear in mind that your bonus is only valid for one account, so you actually can’t open both and get a $125 bonus according to the T&Cs, which is a bit of a shame.

How to Qualify:

To receive this bonus, open a new 360 Performance Savings account and deposit $250 or more into your new account ($10,000 or more if you’re after the big bucks!) or open a 360 checking account and deposit $25 or more and make at least three debit card purchases

$100 with Capital One Bonus Offers Type of account: savings or checking
Monthly fee: $0
Interest: 1.90% APY (360 Performance Savings)
Minimum opening deposit: $0
Cash bonus: up to $100 ($100 on Capital One 360 Performance Savings, $25 on Capital One Checking Account)
Offer ends: no deadline
Learn More
$100 with Capital One Bonus Offers

How to Choose the Best Bank For You

Checking and savings account offers aside, the bank you choose should tick more than just the bonus box.

There are so many options to choose from that finding that one bank that is the absolute best option for your financial needs is becoming more difficult.

However, it’s not impossible! Make sure you do your research and look beyond the sign-up bonus – there’s so much more to get excited about, like excellent interest rates, no maintenance fee, or quick and free access to thousands of ATMs.

Think about what’s important to you – is it being able to bank on-the-go with a top-rated app? Or perhaps it’s the ability to speak to a representative face-to-face when you have questions? Or maybe, you’d like to only use one financial institution for all your financial needs – such as a checking account, a savings account, and perhaps even investments?

Thinking about the features that are very important to you will help make sure you pick the provider that’s right for you. That way, you’ll be making sure that the work you put in earns you not just the bonus – but also a solid banking experience in the long-run.

Grant Sabatier

Creator of Millennial Money and Author of Financial Freedom (Penguin Random House). Dubbed "The Millennial Millionaire" by CNBC, Grant went from $2.26 to over $1 million in 5 years, reaching financial independence at age 30. Grant has been featured in The New York Times, Wall Street Journal, BBC, NPR, Money Magazine and many others. He uses Personal Capital to manage his money in 10 minutes a month.

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