Do you like free money? Well, you’re in luck because many banks are offering bonuses to attract new customers. Opening a bank account with them can earn you extra cash, and it’s easier than you might think.
When you open a bank account, you usually have two choices: a checking account or a savings account. A checking account is perfect for everyday expenses and bills, while a savings account is for saving money and earning more interest.
You can choose between a bank or a credit union to manage your money. Banks are for-profit companies with larger networks, while credit unions are non-profit and excel in customer service and lower fees.
Now, let’s take a look at the highest paying checking account bonuses available:
SoFi Checking and Savings Account: Up to $250 bonus for new customers, with no account fees and cashback benefits.
CITI Citigold Checking Account: Up to $2,000 bonus for new customers, but requires a significant deposit.
Chase Total Checking Account: Up to $200 bonus for new customers who set up direct deposit.
Bank of America Advantage Plus Banking: Up to $100 bonus for new customers with qualifying direct deposits.
TD Bank Beyond Checking Account: Up to $300 bonus for new customers with qualifying direct deposits.
HSBC Premier Checking: Up to $500 bonus for new customers with recurring direct deposits.
U.S. Bank’s Bank Smartly Checking: Up to $600 bonus for new customers with direct deposits.
Axos Bank Rewards Checking: Up to $150 bonus for new customers with qualifying direct deposits.
These bonuses can give your balance a nice boost, so consider them when choosing a new bank. Remember to also prioritize good customer service and a good fit for your needs. Happy banking!
