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New Bank Account Promotions & Offers

34 Best New Bank Account Promotions & Offers – Dec 2018

It’s possible to make $100s just by opening up a bank account. But sorting through the best offers can be tricky.

Don’t want to miss out? Here are the best bank promotions for the month of December.

Top Bank Account Promotions (December 2018)

  1. TD Bank Premier CheckingSM– $300 Cash Bonus

Apply online for a new TD Bank Premier account and you’ll get a $300 cash bonus once you receive direct deposits of more than $2,500 within 60 days. To qualify for this offer, you must be a U.S. resident and apply for the offer online. The Premier checking account typically includes a $25 monthly maintenance fee, but it’s waived if you keep a daily balance of at least $2,500.

This offer is available to residents of the following states: CT, DE, DC, FL, ME, MD, MA, NH, NJ, NY, NC, PA, RI, SC, VT, VA.
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  1. TD Bank Convenience CheckingSM– $150 Cash Bonus

As an alternative to the TD Bank Premier Checking offer above, you can apply online for a new TD Bank Convenience account, which has a much lower minimum balance requirement. You’ll get a $150 cash bonus once you receive direct deposits of more than $500 within 60 days. To qualify for this offer, you must be a U.S. resident and apply for the offer online. The Premier checking account typically includes a $15 monthly maintenance fee, but it’s waived if you keep a daily balance of at least $100.

This offer is available to residents of the following states: CT, DE, DC, FL, ME, MD, MA, NH, NJ, NY, NC, PA, RI, SC, VT, VA.
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  1. Chase SapphireSMChecking – 60,000 Bonus Ultimate Rewards Points

Open a new Chase SapphireSM Checking account and earn 60,000 bonus Chase Ultimate Rewards points. Within 45 days of opening your account, transfer a total of $75,000 or more in qualifying new money or securities to a combination of eligible checking, savings and/or investment accounts. Then, maintain the balance for at least 90 days.

This offer is available to Chase Sapphire cardmembers only. The minimum opening balance is $25, and there’s a $25 monthly service fee that’s waived when you maintain a $75,000 minimum daily balance across all eligible accounts.
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  1. Chase Premier Plus CheckingSM– $300 Bonus

To qualify for this bonus, open a new Chase Premier Plus CheckingSMaccount with a deposit of at least $25 within 60 days, and have a direct deposit (electronic transfer for paycheck, pension or government benefits) made to the account. (You can either apply online using the link above, or enter your email on the linked page to receive the coupon to take to your local Chase branch.) Once these steps are taken, you should receive the bonus in your account within 10 business days.

Keep in mind that the Premier Plus account has a monthly service fee of $25. However, the fee is waived if you keep an average daily balance of at least $15,000 between all of your Chase accounts (checking, savings, and other balances) or you set up automatic payments to your qualifying Chase mortgage.

Chase has ATMs and branches in the following states: AZ, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, KY, LA, MA, MI, NV, NJ, NY, OH, OK, OR, TX, UT, WA, WV, WI.
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  1. Chase Total Checking® – $200 Bonus

There is a separate bonus offer of $200 for Chase Total Checking®, which is a step down from the Chase Premier Plus Checking account mentioned above. Open a new Chase Total Checking® account with a minimum of $25 and a qualifying direct deposit made within 60 days. You’ll then receive a $200 bonus within 10 business days.

There is a $12 monthly fee but it is waived if you meet at least one of the following criteria in each monthly statement period:

  • Execute direct deposits totaling $500 or more made to the account
  • Maintain a $1,500 minimum daily balance
  • Maintain an average daily balance of $5,000 or more in qualifying linked deposits or investments
  • Pay at least $25 or more in qualifying checking-related services or fees

To receive this bonus, you can either apply online using the link above or enter your email here and take the coupon to a local Chase branch. Chase has ATMs and branches in the following states: AZ, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, KY, LA, MA, MI, NV, NJ, NY, OH, OK, OR, TX, UT, WA, WV, WI.
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  1. Chase SavingsSM– $150 Bonus

You can earn an additional bonus of $150 with a Chase savings account. Open a new Chase SavingsSM account, deposit at least $10,000 within 20 business days, and maintain a $10,000 balance or more for 90 days from when the deposit was made. You’ll then receive a $150 bonus within 10 business days.

You can avoid the $5 monthly maintenance fee on this account by doing one of the following each monthly statement period:

  • Maintaining a minimum daily balance of at least $300
  • Executing at least one repeating automatic transfer of $25 or more from your personal Chase checking account or Chase Liquid®Card
  • Having at least one account owner who is an individual younger than 18
  • Linking the account to an eligible Chase Premier Plus Checking?, Chase Sapphire? Checking, or Chase Private Client Checking? account

To receive this bonus, you can either apply online using the link above or enter your email here and take the coupon to a local Chase branch. Chase has ATMs and branches in the following states: AZ, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, KY, LA, MA, MI, NV, NJ, NY, OH, OK, OR, TX, UT, WA, WV, WI.
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  1. Chase Total Business Checking – $200 Bonus

If you’re a business owner looking to set up a new account, Chase has you covered as well. Open a new Chase Total Business Checking account with a deposit of at least $1,000 within 20 business days. Then, maintain that balance for 60 days and complete at least 5 qualifying transactions within the same time period (debit card purchases, checks paid, and qualifying deposits). You’ll then receive the $200 bonus within 10 business days.

To receive this bonus, you’ll need to enter your email here and take the coupon to a local Chase branch. Chase has ATMs and branches in the following states: AZ, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, KY, LA, MA, MI, NV, NJ, NY, OH, OK, OR, TX, UT, WA, WV, WI. This offer expires on January 10, 2019.
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  1. Chase College Checking – $100 Bonus

There’s a separate checking account offer just for college students. Open a new Chase College Checking account within an initial deposit of at least $25, enroll in paperless statements, and then complete at least 10 qualifying transactions within 60 days of opening the account. You’ll then be eligible to earn the $100 bonus within 10 business days.

To receive this bonus, you’ll need to enter your email here and take the coupon to a local Chase branch. Chase has ATMs and branches in the following states: AZ, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, KY, LA, MA, MI, NV, NJ, NY, OH, OK, OR, TX, UT, WA, WV, WI. This offer expires on January 17, 2019.
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  1. CIT Bank Premier High Yield Savings Account – 1.55% APY

Although the CIT Bank Premier High Yield Savings Account doesn’t currently offer a sign-up bonus, it gets top marks because of its leading 1.55% interest rate, which is 25 times the national average and by far the highest on this list. There is a $100 minimum opening deposit (must be funded within 30 days of opening) and no fees to open or maintain the account. The bank is FDIC insured and offers daily compounding.

CIT Bank may be the best option for you because the interest you earn on your balance will likely beat out most other cash bonuses, especially over longer periods of time. Let’s do the math. For example, say you have an initial deposit of $20,000 and plan on depositing $2,000 every month for the next 12 months. At an interest rate of 1.55% and daily compounding, you’ll have earned an extra $514.99 after just 1 year. After 5 years using the same numbers, you’ll have earned an extra $6,464.59 in interest. That’s leaps and bounds above other banks with bigger bonuses but a paltry interest rate close to 0.01%.

This offer is available to all U.S. residents in any state.
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  1. Capital One 360 – Up to $150 Cash Bonus

This offer is made up of 3 components, which you can perform separately or as a combination.

  • Open a new Capital One 360 Checking accountwith at least $250 and make at least  3 debit card purchases or Person2Person payments (can be any combination of the two) within 45 days of account opening. Your $25 bonuswill then be deposited into your account on day 50.
  • Open a new Capital One 360 Money Market account. If you deposit $250 to $9,999.99, you’ll get a $25 bonus. If you deposit $10,000 or more, you’ll get a $100 bonus, which will automatically be deposited into your account.
  • Open a new Capital One 360 Saving accountwith an initial deposit of at least $250. Your $25 bonuswill then automatically be deposited into your account.

The total cash bonus amount is up to $150, depending on which accounts you open and how much you deposit for the Money Market account.
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  1. PNC Bank – $300 Cash Bonus

Open a new PNC Bank Virtual Wallet account before December 31, 2018. Then set up a qualifying direct deposit and complete 10 or more debit card purchases. The bonus should be paid within 90 days of meeting the requirements.

This offer applies to residents of the following states: AL, DC, DE, FL, GA, IL, IN, KY, MD, MI, MO, NC, NJ, NY, OH, PA, SC, VA, WI & WV.
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  1. Capital One 360 Money Market – Up to $500 Cash Bonus

Capital One 360 has another great promotion that pays a $500 cash bonus. To qualify, open a Capital One 360 money market account using the promo code “OFFER500,” then deposit at least $50,000 in cumulative deposits. You’ll receive your bonus within 60 days of reaching the $50,000 deposit threshold.

Moving forward, you’ll earn 1.85% APY on all balances above $10,000 and 0.85% APY on all balances below $10,000. There’s no monthly maintenance fee or minimum balance requirement. This offer is not available to anyone who’s had a Capital One 360 savings product (including a money market account) since January 1, 2016.
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  1. Suntrust Bank –  Up to $300 Cash Bonus

There are several different checking account bonus opportunities with Suntrust Bank. Open a new Suntrust Select Checking account and meet the requirements to receive $150. Open a new Signature Advantage Account and meet the requirements to receive $300. The requirements are: Deposit $100 or more within 14 days of opening the account and complete $1,000 (for Select Checking) or $2,000 (for Signature Advantage) in qualifying direct deposits within 60 days of account opening. You must also make 10 or more debit card purchases within the same time frame. Use promo code Q417CHKNG123OL. This offer expires January 2, 2018.

This offer applies to residents of the following states: AL, AR, FL, GA, MD, MS, NC, SC, TN, VA, DC & WV.
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  1. Discover Cashback Checking – Up to $360 Annual Cash Back

When you open a new Cashback Checking account and spend with your debit card, you can earn as much as $360 each year. Just open and fund the account in any amount, then use your debit card to make everyday purchases. You earn 1% cash back on up to $3,000 in qualifying purchases per month, or up to $36,000 in qualifying purchases per year. Cash-like payments, such as ATM withdrawals and P2P payments, do not qualify for cash back.

For more details on other account types and offers from Discover Bank, check out our Discover Bank review.
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  1. HSBC Advance Checking – $350 Cash Back

Open a new HSBC Advance Checking account and deposit at least $10,000 in new money by December 28, 2018, and earn a $350 welcome bonus.

Here’s how to do it. First, open your account and deposit at least $10,000 in outside funds (new money) in combined checking and savings accounts within 30 days of your account opening date. Maintain a daily balance of at least $10,000 in the accounts for 90 calendar days from the deposit date. You’ll receive your bonus within 8 weeks after completing the qualifying activities. Moving forward, you can avoid the $25 monthly maintenance fee by either a) maintaining that $10,000 daily balance indefinitely, or b) maintaining a $5,000 daily balance and a recurring direct deposit into the account.
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  1. HSBC Choice Checking – $200 Cash Back

HSBC has an even more accessible checking bonus. For a limited time, you can earn a welcome bonus of $200 when you open a new HSBC Choice Checking account and deposit $1,500 in new money.

To earn the bonus, open your new Choice Checking account by December 28, 2018, and deposit at least $1,500 in new money in combined checking and savings accounts within 30 days. Then, maintain at least $1,500 in the combined accounts for 90 days from your deposit date. Once you clear that threshold, you should receive your bonus within 8 weeks. Moving forward, avoid the $15 monthly maintenance fee by maintaining at least $1,500 in combined personal and investment balances.
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  1. HSBC Premier Checking – $750 Cash Back

HSBC’s third checking bonus is its most generous – and its most exclusive. For a limited time, you can snag a $750 welcome bonus when you open a new HSBC Premier Checking account before December 28, 2018, and complete certain qualifying activities.

To earn the bonus, open your new Premier Checking account before December 28, 2018, and deposit at least $100,000 in new money in combined checking, savings, and eligible investment accounts within 30 calendar days. Then, maintain that balance across the accounts for 90 calendar days from the deposit date. Once you reach the 90-day threshold, expect to see your $750 bonus in your Premier Checking account within 8 weeks. Moving forward, avoid the $50 monthly maintenance fee by maintaining that same $100,000 balance across your combined personal and investment accounts.
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  1. KeyBank Checking – $300 Cash Bonus

Through December 28, 2018, you’ll earn a $300 cash bonus when you open a qualifying KeyBank checking account: Key Advantage Checking, Key Privilege Checking, Key Privilege Select Checking, or Key Express Checking. You can open up to 3 accounts at once. However, you’ll only qualify for a single $300 bonus, no matter how many accounts you open.

To earn the bonus, simply enter promo code “EDGT0718” on your account application or request a unique code via email. Once your account is open, make a single direct deposit of $500 or more within 60 days of the opening date. You should receive the bonus within 90 days.

This offer is only available in the following states and regions: AK, central NY state, Cincinnati (OH), Columbus (OH), Dayton (OH), Hudson Valley (NY), ID, central and northern IN, ME, MI, northern northwest OH, OR, Philadelphia (PA), UT, VT.

  1. BMO Harris – Up to $250 Cash Bonus

If you’re a Bank At Work or Group Banking Services customer at BMO Harris, you can earn as much as $250. When you open a new personal checking account and meet the direct deposit requirements, you’ll receive $100. You get an additional $50 by opening a new Statement Savings Account with at least $1,000 of new money. Another $50 comes your way when open a new BMO Harris Health Savings Account. And you can add $50 by signing up for eStatements.

You should receive your bonuses between 90 and 120 days of either account opening or meeting the requirements.

  1. Elements Financial – $200 Cash Bonus

Open a new Elements Financial High Interest Checking account to qualify for a $200 cash bonus. Just enter promo code CHECK200 on your application, set up a recurring monthly direct deposit of $500 or more within 60 days of account opening, and keep your account open for at least 6 months. Existing Elements Financial checking and Health Savings Account customers are not eligible for this promotion. This offer is advertised for Indiana state government employees in their families, but non-employees may qualify as well.

In addition to this promotion, you’ll also get one of the best checking yields around: 2.00% APY on balances up to $20,000 in any statement cycle during which you maintain a $100 minimum daily balance and make 15 qualifying transactions.
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