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Tag: soft pull

  • [FL only] Florida Credit Union $300 Checking + $300 CD Bonus – Doctor Of Credit

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    Update 9/27/25: Deal is back and there is a $300 CD bonus as well this time. 

    Offer at a glance

    • Maximum bonus amount: $300
    • Availability: FL only
    • Direct deposit required: Yes, $500+ within 60 days of opening
    • Additional requirements: See below
    • Hard/soft pull: Soft pull
    • ChexSystems: Unknown
    • Credit card funding: Up to $2,500
    • Monthly fees: None
    • Early account termination fee: $20, six months
    • Household limit: None
    • Expiration date: None listed

    The Offer

    Direct link to offer

    • Florida Credit Union is offering a bonus of $300 when you complete the following requirements:
      • Open a free personal full-service checking account and use promo code Use Promo Code 25SUMMERBONUS
      • Make a single or combined direct deposit of $500 within 60 days of opening.
      • Keep account open for at least 90 days.
    • Receive an additional $300 CD bonus:
      • Open and qualify for the $300 checking bonus
      • Then open a new 13-month CD at 4.35% APY3, and
      • Deposit $25,000 or more in new money.
      • Use promo code: 25SUMMERBONUS

     

    The Fine Print

    • Offer can be cancelled at any time.
    • Free membership is open to anyone within Florida Credit Union’s 45 county field of membership 1.
    • Anyone who has held a checking account with FCU in the past year will not qualify for the incentive.
    • Must be 18 years of age or older to qualify for this offer.
    • Credit approval and initial $5 open deposit required.
    • $500 cumulative direct deposit amount must be made to this account within the first 60 days of account opening.
    • Your direct deposit needs to be an electronic deposit of your paycheck, pension or, government benefit (such as SSI) from your employer or the government.
    • Person-to-person payments (such as Cash App, Venmo or PayPal) are not considered a direct deposit.
    • If the requirements are met and the account remains open and in good standing for 90 days, the $300 reward will be made available to the member.
    • $300 is considered interest and will be reported on IRS form 1099-INT.
    • Prior terms subject to change.
    • Full-service checking includes direct deposit, Visa debit card, online banking, and eStatements.
    • Interest-Bearing Checking rates accurate as of 4/6/21 and subject to change at anytime.
    • Minimum to earn interest is $10,000 for the Interest-Bearing Checking. APY is Annual Percentage Yield.
    • Interest credited monthly. Fees may reduce earnings.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    Both accounts offered have no monthly fee to worry about.

    Early Account Termination Fee

    According to the fee schedule there is a $20 fee if account is closed within 6 months of opening.

    Our Verdict

    Hard pull might make it a no deal for some people, although those matter less and less with how strict card issuers are these days. Given it’s a $300 bonus and the requirements are still relatively easy to meet I’ll be adding this to our list of the best bank account bonuses.

    Useful posts regarding bank bonuses:

    Post history:

    • Update 8/13/22: Deal is back for 2022. Hat tip to reader Katie P

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    William Charles

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  • Netspend $100 Checking Bonus – Doctor Of Credit

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    Update 9/12/25: Deal is back, this time only for $100. 

    Offer at a glance

    • Maximum bonus amount: $100
    • Availability: Nationwide
    • Direct deposit required: Yes, $400+
    • Additional requirements:
    • Hard/soft pull: Soft pull
    • ChexSystems: Unknown
    • Credit card funding: No
    • Monthly fees: Avoidable
    • Early account termination fee: None
    • Household limit: None
    • Expiration date: 04/01/26

    The Offer

    Direct link to offer

    • Netspend is offering a $200 bonus when you open a Netspend Prepaid Card or Netspend Debit Account and complete the following requirements:
      • Activate card
      • Enroll in Direct Deposit and receive Direct Deposits totaling $400 or more within 60 days of acquiring the account

    The Fine Print

    • To qualify for this offer, (1) you must acquire a new Netspend Prepaid Card or Netspend Debit Account, activate the Card or register the Account, and pass required identity verification between 04/01/25 and 04/01/26 and (2) enroll in Direct Deposit and receive Direct Deposits totaling $400 or more within 60 days of acquiring the account.
    • The qualifying incentive credit will be applied to your account within 5 business days after the qualifying direct deposit activity.
    • Limit one (1) offer per account.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    You can learn more about fees by clicking here.

    Our Verdict

    Seems like a great deal and worth doing. Not sure this will last long. Will add this to our list of the best bank account bonuses.

    Hat tip to reader ntn

    Useful posts regarding bank bonuses:

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    William Charles

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  • [LA, MS, FL, AL, TX] Hancock Whitney Bank $600/$1,000 Checking & Savings Bonus – Doctor Of Credit

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    Update 9/10/25: Reader Harrison Logan points out that there is a $1,000 bonus, seems like the only difference is the savings account requires $10,000 instead of $5,000. 

    Offer at a glance

    • Maximum bonus amount: $600
    • Availability: LA, MS, FL, AL, TX
    • Direct deposit required: Yes, $300+
    • Additional requirements: None
    • Hard/soft pull: Soft
    • ChexSystems: No
    • Credit card funding: None
    • Monthly fees: $12, avoidable
    • Early account termination fee: $20, 180 days (bonus forfeit)
    • Household limit: Limit of one consumer checking-related bonus per household every 2 calendar years. (this is enforced),
    • Expiration date: 10/31/2025

    The Offer

    Direct link to offer

    • Hancock Whitney Bank is offering a bonus of up to $600. Bonus is broken down as follows:
      • $300 cash bonus when you open a Freestyle Checking account and set up $500 or more in monthly direct deposits
      • $100 cash bonus when you open a Freestyle Savings account and deposit $5,000 or more by 11/30/25 and maintain until 2/28/26
      • $200 extra cash bonus when you open both and meet all requirements

    The Fine Print

    • Use the promo code referenced above when opening your new checking account with money not currently on deposit at Hancock Whitney Bank by the offer expiration date of 10/31/2025. Set up and receive qualifying direct deposits totaling at least $500 each month by 12/31/2025. Your account and direct deposits must remain open and active during the entire promotional period which includes up to when the bonus is paid by 2/28/2026. If you meet all requirements, we will deposit the earned bonus into your new personal checking account by 2/28/2026. 
    • Offer available to new Hancock Whitney checking clients 18 years of age or older. This includes new to bank clients and existing Hancock Whitney clients who currently do not have a checking account, or have not recently closed a checking account in the past 90 days, or did not have a checking account closed with a negative balance in the past 3 years.
    • A qualifying direct deposit is a recurring electronic deposit, including a salary, pension, Social Security, other government benefit or other recurring, monthly income amount, made by your employer or outside agency. Account transfers, mobile deposits, payments from Zelle, PayPal, Cash App or other similar providers, tax refunds or deposit made at a branch or ATM are not qualifying direct deposits.
    • Important details and required qualifying activities for the $100 Freestyle Savings Offer: Use the promo code referenced above when opening your new Freestyle Savings account by the offer expiration date of 10/31/2025. You must deposit $5,000 or more into your Freestyle Savings account by 11/30/2025. Your account must remain open and active and you must maintain a minimum daily balance of $5,000 or more during the entire promotional period which includes up to when the bonus is paid by 2/28/2026. If requirements are met, we will deposit the earned bonus into your new Freestyle Savings account by 2/28/2026.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    This account has a $12 monthly fee. This is waived if you do any of the following:

    • primary account holder under 18 or age 64 and over or
    • make one or more client-initiated debit or credit transactions per statement cycle to waive the service charge.

    Early Account Termination Fee

    $20 fee is charged for each account if the account is closed within 180 days. Looks like you might also forfeit the bonus.

    Our Verdict

    Previously this was only $200 for the checking bonus or a $500 bonus that was more difficult to keep fee free. I think this $300 + $100 + $200 bonus is all worth doing. The hold period for the savings bonus is 90 days and works out to be 8% APY. We will add this to our best bank bonus page

    Hat tip to reader Scooter

    Useful posts regarding bank bonuses:

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    William Charles

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  • Connexus Credit Union $300 Checking Bonus – Doctor Of Credit

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    Offer at a glance

    • Maximum bonus amount: $300
    • Availability: Anybody can join by joining the Connexus Association and paying a $5 one time donation. If you live in select counties in MN, NH, OH, WI then you can join for free
    • Direct deposit required: Yes, $500
    • Additional requirements: See below
    • Hard/soft pull: All recent datapoints say soft pull
    • ChexSystems: Unknown
    • Credit card funding: None
    • Monthly fees: None
    • Early account termination fee: None
    • Household limit: None
    • Expiration date: 11/09/2025

    The Offer

    Direct link to offer

    • Connexus Credit Union is offering a bonus of $300 when you open a new new Xtraordinary Checking Account with promo code XTRABONUS. Meet the Xtraordinary Checking Account requirements for two months (doesn’t need to be consecutive) within 120 days of account opening:
      • Make 15 debit card purchases or accumulate $500 in debit card spending
      • Subscribe to eStatements
      • Make one monthly deposit of at least $500 from either a direct deposit or an ACH deposit
    • Bonus you receive depends on your average daily balance from the first two monthly periods in which qualifications are met and average them together  
      • Total average daily balances of $999.99 and below will earn $0.00
      • $1,000 – $4,999.99 will earn $100;
      • $5,000-$9,999.99 will earn $200;
      • $10,000 and over will earn $300

    The Fine Print

    • Offer is valid for individuals who open an Xtraordinary Checking Account between 09/08/2025 and 11/09/2025.
    • Offer is not valid for existing Connexus members with any type of Connexus Checking Account currently open or any current or former members with a Connexus Checking Account closed on or after 7/1/2025.
    • Offer is limited to one bonus per primary owner and is subject to change or termination without notice.
    • ​To qualify for the bonus, you must use Promo Code XTRABONUS at time of application and meet the Xtraordinary Checking Account requirements listed above in the 5.00% Annual Percentage Yield disclosure 1 for two month-end periods within 120 days of account opening.
    • Monthly periods are based on calendar months; the last day of the month must fall within 120 days of account opening to count toward bonus qualifications.
    • Determining your bonus: Connexus will take the average daily balance from the first two monthly periods in which qualifications are met and average them together. Total average daily balances of $999.99 and below will earn $0.00; $1,000 – $4,999.99 will earn $100; $5,000-$9,999.99 will earn $200; and $10,000 and over will earn $300. The bonus is subject to income tax reporting and will be credited to your account within 10 business days of the month-end following bonus qualifications being met. The Xtraordinary Checking Account must be open at the time the bonus is credited.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    This account has no monthly fees to worry about. 

    Early Account Termination Fee

    I wasn’t able to find an early account termination fee in the fee schedule

    Our Verdict

    We saw a $200 bonus last year with no direct deposit required. This bonus does require a high balance but at least you earn 5% APY when meeting the requirements for the bonus anyway. You are eligible if you’ve had an account before but can’t have had or closed an account as of 7/1/2025. We will add this to our list of the best bank account bonuses

    Hat tip to reader Eric

    Useful posts regarding bank bonuses:

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    William Charles

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  • CIT Bank $100 Checking Bonus, Direct Deposit Not Required (New & Existing Users) – Doctor Of Credit

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    Update 9/4/25: Available again, not entirely sure why this was marked as expired. 

    Offer at a glance

    • Maximum bonus amount: $100
    • Availability: Nationwide
    • Direct deposit required: No
    • Additional requirements: See below
    • Hard/soft pull: Soft
    • ChexSystems: Yes  (comments here suggest they might be Chex sensitive)
    • Credit card funding: None
    • Monthly fees: None
    • Early account termination fee: None
    • Household limit: None
    • Expiration date: None

    The Offer

    Direct link to offer

    • CIT Bank is offering a $100 bonus when you open a new checking account and complete the following requirements:
      • Use promo code EC2025
      • Deposit at least $2,500 or more within 30 days

    The Fine Print

    • See full terms here
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    This account has no monthly fees to worry about.

    Early Account Termination Fee

    This account has no monthly fees to worry about.

    Our Verdict

    Always nice to see an easy bonus like this. CIT Bank frequently has savings offers, it’s also nice that this works for existing eChecking account holders. We will add this to our best bank account bonuses.

    Hat tip to ShawntheShawn

    Useful posts regarding bank bonuses:

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    William Charles

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  • Wells Fargo $400/$825 Business Checking Bonus – Doctor Of Credit

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    Extended to November 4, 2025

    Offer at a glance

    • Maximum bonus amount: $825
    • Availability: Nationwide
    • Direct deposit required: None
    • Additional requirements: None
    • Hard/soft pull: Soft
    • ChexSystems: Mixed reports, likely doesn’t pull
    • Credit card funding: Up to $300
    • Monthly fees: $10, avoidable
    • Early account termination fee: None
    • Household limit: None
    • Expiration date: June 30, 2025

    The Offer

    Direct link to offers: $825 | $400

    • Wells Fargo is offering two business checking bonuses. Both bonuses require opening a Initiate Business Checking account.
      • $400 bonus when you deposit $2,500 or more to your new business checking account by day 30 and maintain a minimum daily collected balance of $2,500 through day 60 after account opening
      • $825 bonus when you deposit $25,000 or more to your new business checking account by day 30 and maintain a minimum daily collected balance of $25,000 through day 60 after account opening

    The Fine Print

    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    The Initiate Business Checking account has $10 monthly fee which is waived if you have one of the following each fee period:

    • $500 minimum daily balance, OR
    • $1,000 average ledger balance

    Early Account Termination Fee

    There is no early account termination fee mentioned.

    Our Verdict

    Not as good as the previous $1,500 in branch offer, but that was back in 2022 so I’m not sure we will see that again. With this new bonus you’re basically needing to hold the funds in there for 30 days (realistically a little longer to deal with transfers). Both bonuses are worth doing given the returns, the one you prefer will depend on how much cash you have on hand. Will add this to our best business checking bonus page.

    Hat tip to reader Matt F

    Useful posts regarding bank bonuses:

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    William Charles

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  • Live Oak Bank $200 Savings Bonus – Doctor Of Credit

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    Offer at a glance

    • Maximum bonus amount: $200
    • Availability: Nationwide
    • Direct deposit required: None
    • Additional requirements: See below
    • Hard/soft pull: Soft pull
    • ChexSystems: No
    • Credit card funding: No
    • Monthly fees: None
    • Early account termination fee: None
    • Household limit: No
    • Expiration date: 9/30/25

    The Offer

    Direct link to offer

    • Live Oak Bank is offering a $200 bonus when you open a personal savings account and complete the following requirements:
      • Open and fund account by 9/30/25 with at least $20,000
      • Maintain that balance for 90 days
    • Existing customers must increase their balance by at least $20,000 and maintain that for 90 days

    The Fine Print

    • Customers must meet all of the following requirements to be eligible for the $200 bonus:
      • New and Existing Customers:
        • The promotion begins on September 2nd, 2025.
      • Only one bonus is available per Tax Identification Number per promotional period.
        • Only personal savings accounts are eligible for the bonus offer. Checking accounts, certificates of deposit (CD) accounts and fiduciary accounts (e.g., trusts) are not eligible for this offer.
        • Opening of a new account will be subject to approval by Live Oak Banking Company in its sole discretion.
        • A new account must be opened between September 2, 2025 and September 30, 2025 to be eligible.
        • A new Live Oak Bank personal savings account must be fully funded with at least $20,000 by 11:59 p.m. Eastern Time on 09/30/2025 to be eligible for the bonus. If the account is not fully funded by September 30th, then the account is not eligible for the bonus offer.
        • All funding of the new personal savings account must consist of funds originating from an external financial institution to qualify; deposits or transfers originating from an existing Live Oak Bank account (whether personal or business) via internal transfer, CD redemption, check, ACH transfer, wire, or loan proceeds do not qualify for bonus offer.
        • Beginning on the date in September 2025 that the new account attains a balance of at least $20,000, if the balance remains equal to or exceeding $20,000 for 60 consecutive days, then the account will be eligible for the bonus if all other conditions are met. If all eligibility criteria are met, the $200 cash bonus will be deposited to your open, eligible account within 45 days following the expiration of the 60-day period.
      • Your new account must not be closed or restricted at the time of payout in order to receive the bonus. Live Oak Bank reserves the right to withdraw or withhold the bonus offer from any customer, with or without notice, if fraud or other suspicious activity is suspected.
      • Any promotional amounts received may be subject to taxation.
      • Existing Customers:
        • In addition to the other requirements for the bonus offer, existing Live Oak Bank customers must maintain their existing account balances (not including interest accrued but not credited to the account) at or above the end of day balance as of September 1st 2025 11:59:59pm (ET) across their existing personal savings in order to be eligible for the bonus offer.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    This account has no monthly fees.

    Early Account Termination Fee

    There is no EATF.

    Our Verdict

    This account also currently earns 4% APY, this is somewhat competitive with the top savings rates. This bonus works out to be 4% annualized for a total of 8% APY. We will add this to our list of the best savings bonuses.

    Hat tip tom 767

    Useful posts regarding bank bonuses:

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    William Charles

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  • [Ada County or Canyon County, ID] Tech CU $500 Checking Bonus – Doctor Of Credit

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    Offer at a glance

    • Maximum bonus amount:
    • Availability: must (a) live, regularly work, regularly worship, or currently attend school in Ada County or Canyon County
    • Direct deposit required: Yes, $1,500+ per month for six months
    • Additional requirements: No
    • Hard/soft pull: Soft
    • ChexSystems: Unknown
    • Credit card funding: Up to $125, Visa/MC/Discover
    • Monthly fees: None
    • Early account termination fee: Nine months, bonus forfeit
    • Household limit: None listed
    • Expiration date: 12/31/2025

    The Offer

    Direct link to offer

    • Tech CU is offering a $500 bonus when you open a new checking account and complete the following requirements for six months: 
      • receive $1,500 or more in direct deposits
      • Post at least 5 debit card transactions

    The Fine Print

    • *To be eligible for the Idaho Grand Opening Offer (IDGO) you must (a) live, regularly work, regularly worship, or currently attend school in Ada County or Canyon County, (b) be related to or live with a current Tech CU Member or, (c) be employed by a Tech CU Member Company or affiliated organization.
    • To qualify for $500, open a new Tech CU checking account by 12/31/2025 and, for six consecutive calendar months, (1) receive $1,500 or more in direct deposits (excluding bank-to-bank transfers) in any account and (2) post at least 5 debit card transactions. The first direct deposit and first five debit card transactions must be posted within the first two calendar months after account opening.
    • For example, if your opening date was 3/5/25, you would need to have received direct deposits of at least $1,500 and posted 5 debit card transactions by 4/30/25.
    • A $500 credit will post to the checking account and be available for withdrawal on the first of the month following the last month of all requirements being fulfilled.
    • If the checking account is closed less than 6 months after account opening, or the required minimum transactions are not completed, the $500 account credit and any dividends will be forfeited. Must be 18 years or older.
    • Offer valid only for individuals who open new to Tech CU checking accounts and are in good standing.
    • Offer not available on Health Savings Accounts or Business Accounts.
    • Rates and terms subject to change without notice. At Tech CU’s discretion, this offer may not be combined with other Tech CU offers, discounts, or promotions.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    This account has no monthly fees to worry about. 

    Early Account Termination Fee

    Our Verdict

    Shame it’s so restricted, but otherwise a good deal and will be added to our highly location restricted bank bonus area. 

    Hat tip to reader Bockrr

    Useful posts regarding bank bonuses:

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    William Charles

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  • Grasshopper $200 Business Checking Referral Bonus – Doctor Of Credit

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    Offer at a glance

    • Maximum bonus amount: $200
    • Availability: Nationwide
    • Direct deposit required: None
    • Additional requirements: See below
    • Hard/soft pull: Soft pull
    • ChexSystems: Doesn’t pull
    • Credit card funding: None
    • Monthly fees: None
    • Early account termination fee: Bonus forfeit, 150 days
    • Household limit: None
    • Expiration date: None listed 

    The Offer

    No direct link to offer, use this link and then on the final page of the application enter your referral code. (this link is the terms)

    • Grasshopper Bank is offering a $200 referral bonus to both parties when the person signing up for an account has a $2,000 balance on day 90

    The Fine Print

    • Full terms here.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    This account has no monthly fees to worry about.

    Early Account Termination Fee

    Grasshopper Bank also reserves the right to reverse the bonus if a New Client closes their Innovator Business Checking Account within 150 days of opening it

    Our Verdict

    There was a $300 bonus but that required a $10,000 deposit for days 31-90. This $200 bonus is comparable when you factor that you don’t need to tie up funds for that long and can have them in a high yield account. Obviously it’s a better deal if you’re referring/being referred by a spouse where you get $400 total. Do not share your referrals in the comments below, instead you can share them in this linked post. We will add this deal to our best business checking bonuses

    Hat tip to reader favo

    Useful posts regarding bank bonuses:

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    William Charles

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  • Current $150 Referral Checking Bonus + Portal – Doctor Of Credit

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    Offer at a glance

    • Maximum bonus amount: $150 + portal
    • Availability: Nationwide
    • Direct deposit required: Yes, $200+
    • Additional requirements: None
    • Hard/soft pull: Soft pull
    • ChexSystems: No
    • Credit card funding: Unknown
    • Monthly fees: None
    • Early account termination fee: Unknown
    • Household limit: None listed
    • Expiration date: 9/1/25

    The Offer

    Direct link to offer (this is where you can find and share your referral links)

    • Current is offering a referral bonus. Person being referred is offered $150 (some links are for less, so becareful) and the person referring receives $150/$100. 
      • Use referral code before setting up a direct deposit
      • Receive an eligible payroll deposit of $200+ within 45 days
    • Can possibly be stacked with a shopping portal. Open via shopping portal → once account is open, in the Current app go to Account → Rewards → Add Code → enter referral code → app confirms code applied. Best portal rates here

    The Fine Print

    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    There is no monthly fee anymore

    Early Account Termination Fee

    I wasn’t able to find a fee schedule so I’m unsure if there is an early account termination fee.

    Our Verdict

    Please do not share your referrals in the comments below, you can share them in this linked thread instead. Bonus has been higher in the past. I do think this is worth doing, especially if you know the person who’s link you’re using. We will add this to our list of the best bank account bonuses

    Hat tip to reader favo, use their link here.

    Useful posts regarding bank bonuses:

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    William Charles

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  • [CT & Select Counties In NY only] Newtown Savings Bank (NSB) $350 Checking Bonus + $150 Savings Bonus – Doctor Of Credit

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    Update 8/23/25: Back until September 30 2025, this time for $350. Hat tip to reader Rodger

    Update 5/3/25: Deal is back until June 30, 2025. Hat tip to reader Avi

    Update 3/8/25: Deal is back until 3/31.

    Update 5/21/24: Deal is back with a new promo code.

    Update 11/12/22: Looks like the direct deposit needs to be recurring.

    Update 10/22/22: Deal is back, now $250 + $150.

    Update 7/10/22: Extended until September 30, 2022.

    Update 10/29/19: Deal is back and valid until November 30th, 2019. Hat tip to reader Kyle.

    Update 8/28/19: Bonus is back and has been increased to $200 (from $150). Expires August 31st, 2019. Hat tip to reader Joe F

    Offer at a glance

    • Maximum bonus amount: $150
    • Availability: Accounts are available to residents of the State of Connecticut and residents of Putnam and Westchester county New York only
    • Direct deposit required: Yes, $150-$1,500
    • Additional requirements: Use promo code choice
    • Hard/soft pull: Soft pull
    • ChexSystems: Yesinquiry sensitive
    • Credit card funding: Up to $1,000 $25
    • Monthly fees: None
    • Early account termination fee: 90 days, bonus forfeit
    • Household limit: One
    • Expiration date: September 29th, 2018 November 30th, 2018 August 31st, 2019 November 30th, 2019

    The Offer

    Direct link to offer

    • Newtown Savings Bank is offering a bonus of $150 when you open a free checking account and complete the following requirements:
      • Use the promo code SUMMER25
      • Receive a direct deposit within 60 days of account opening , $150 minimum
    • Or you can get a $350 offer when you open a Flagship Checking
      • Use the promo code SUMMER25
      • Receive a direct deposit within 60 days of account opening ,$1,500 minimum 
    • You can also get a $50 bonus when you open a statement savings account with a $300 balance or get a $150 bonus when you open a Basic Money Market Savings Account(opens in a new window) with a balance of $20,000

     

    The Fine Print

    • Offer is available for Free Checking Accounts opened by September 29, 2018.
    • Offer amount will be deposited into the respective checking account 60 days after account opening as long as the direct deposit has been made.
    • Maximum $150 per household.
    • Personal checking accounts have a minimum deposit of $25 to open.
    • Other fees may apply such as paper statement and inactivity fees.
    • To be eligible for this offer, all account holders must be new checking account customers.
    • If your checking account is closed within 90 days of opening, the bonus amount will be deducted at closing.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    The free checking account has no monthly fees to worry about. The flagship checking account has a monthly fee that is waived with minimum balance of $2,500.

    Early Account Termination Fee

    Account needs to be kept open for 90 days, otherwise the bonus will be deducted at time of closing

    Our Verdict

    Previous bonuses have been for $100 with $150 available in branch only. Looks like this one can be opened online. The $1,000 in credit card funding makes this offer attractive as well (update: unfortunately limit is now only $25). Definitely worth considering if not doing if you’re eligible. I will be adding this to the list of the best checking account bonuses.

    Big thanks to reader, Brenden F who let us know. Learn how to find bonuses and contribute to the site here.

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  • [NJ, NY & PA] OceanFirst Bank $500 Checking Account Bonus – Doctor Of Credit

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    Update 8/19/25: New link available for $500 instead of $300. Same requirements. 

    Update 8/17/25: Deal is back until 09/26/25. This time until for $300. Hat tip to reader PS

    Offer at a glance

    • Maximum bonus amount: $235
    • Availability:  New Jersey, New York & Pennsylvania
    • Direct deposit required: Yes, $500+ per month
    • Additional requirements: See below
    • Hard/soft pull: Soft
    • ChexSystems: Unknownsensitive (might not be sensitive in branch)
    • Credit card funding: None
    • Monthly fees: None
    • Early account termination fee: 12 months, bonus forfeit
    • Household limit: None listed
    • Expiration date: 12/31/22

    The Offer

    Direct link to offer

    • OceanFirst is offering a bonus of $500 when you open a new free style checking account and complete the following requirements:
      • At least two cycles of an electronic recurring direct deposit of $500 or more has posted to the account
      • eStatements is elected
      • Accountholder is active on the OceanFirst Bank mobile app within 30 days leading up to the bonus payout date

     

    The Fine Print

    • Promotion runs 09/06/22 through 12/31/22.
    • Offer available for New FreeStyle Checking account customers only.
    • Account must be opened with funds not currently on deposit at OceanFirst Bank.
    • Eligibility for the $235 bonus requires that all three of the following conditions are met: At least two cycles of an electronic recurring direct deposit of $500 or more has posted to the account, eStatements is elected and the accountholder is active on the OceanFirst Bank mobile app within 30 days leading up to the bonus payout date.
    • Bonus will be paid on the first business day after your 90-day account opening anniversary.
    • All cash bonuses are taxable.
    • $50 minimum to open any OceanFirst checking account.
    • FreeStyle Checking features no monthly minimum balance requirement.
    • Account must remain open and active for one year or bonus will be forfeited. All Annual Percentage Yields (APYs) on interest-bearing accounts subject to change.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    This account has no monthly fees to worry about

    Early Account Termination Fee

    Bonus forfeit if closed within 12 months

    Our Verdict

    Not as good as the most recent $250 deal with no direct deposit required. But that hasn’t been available since 2019 so if you live in an eligible area then this deal is worth doing. We will add this to our list of the best checking bonuses.

    Hat tip to Bockrr

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  • Wings Credit Union $400 Checking Bonus, $200 Savings Bonus – Doctor Of Credit

    Wings Credit Union $400 Checking Bonus, $200 Savings Bonus – Doctor Of Credit

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    Update 11/1/24: Deal has been extended until 11/30/24.

    Offer at a glance

    The Offer

    Direct link to offer

    • Wings Credit Union is offering a bonus of $600. Bonus is broken down as follows:
      • $400 when you open a checking account and complete the following requirements:
        • Use promo code OWNIT24
        • Set up recurring direct deposit to your new checking account within 60 days of account opening ($5,000+ for $400 bonus, $3,500+ for 300 bonus, $1,500 for $150 bonus)
        • Sign up for eDocuments and enroll in Wings digital banking
        • Shop with your Wings debit or credit card. Complete 5 debit or credit transactions, each $25 or more
      • $200 bonus when you complete the above requirements and open an additional Wings savings or certificate account within 60 days of membership.
        • Requires $25,000+ at opening
        • Available balance must be $25,000+ on 1/31/25

    The Fine Print

    • General Bonus Requirements:
      1. One offer per person; valid for U.S. residents only. Must be 18 years or older.
      2. Account must be opened between 9/3–10/31/24.
      3. Membership with a Share Savings account and $5 minimum opening deposit required; must be opened at the same time as checking account.
      4. Online applicants must use promo code “OWNIT24” at account opening.
      5. New members and new recipients only:
          a. Cannot have been a previous member (owner of a Primary Share account) of Wings Financial Credit Union within 12 months of promotional account application.
          b. Cannot have previously received a new account bonus.
      6. The maximum amount one member can earn during the promo period is $600, if all requirements are met.
      7. Bonus will be reported as interest earned on IRS form 1099-INT, and recipient is responsible for any applicable taxes. Consult your tax advisor.
      8. Not applicable to business accounts and accounts established for estates, benefits, trusts or in a fiduciary capacity.
      9. If you do not meet the requirements for this offer, you will not receive the bonus. Disputes regarding promotion requirements must be submitted to Wings Credit Union by 4/7/25 in branch, via phone, or online.
    • Checking Account Bonus Requirements: Complete General Bonus Requirements (above). Each of the following must be completed using the same checking account within 60 days of account opening:
      1. Recurring Qualified Direct Deposit(s) totaling at least $1,500 to earn the $150 bonus, $3,500 to earn the $300 bonus, or $5,000 to earn the $400 bonus.
      a. Note, Direct Deposit must also be active on the Bonus Payout Date. “Qualified Direct Deposit” is an Automated Clearing House (“ACH”) automatic and electronic deposit of your salary, pension, Social Security or other regular income into your Wings account deposited as a Pre-arranged Payment and Deposit (“PPD”) entry. Income earned through self-employment or working an IRS-classified “Gig Economy” job does not qualify as a Qualified Direct Deposit. Other electronic deposits or person-to-person payments are not considered a Qualified Direct Deposit.
      2. Enroll in Wings digital banking.
      3. Enroll in eDocuments.
      a. Note, enrollment in eDocuments must also be active on the Bonus Payout Date.
      4. Complete at least 5 net PIN or signature-based debit card or credit card transactions over $25 each.If requirements are met, Checking Account Bonus will be paid by 1/17/25 (“Bonus Payout Date”) as a deposit to the Wings checking account; account must be in good standing (positive balance for the last 30 days).
    • Savings/Certificate Bonus Requirements:
      1. Complete Checking Account Bonus Requirements (above)
      2. Open a Wings savings account OR certificate account with minimum opening balance of $25,000 within 60 days of membership opening date.
      a. Note, IRA accounts excluded. New deposits only; must be opened in branch or by phone. Must have a minimum available balance of $25,000 on 1/31/25 to earn $200 bonus.If requirements are met, Savings/Certificate Bonus will be paid by 2/7/25 as a deposit to the Wings checking account; account must be in good standing (positive balance for the last 30 days).
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    First class checking account has no monthly fees to worry about.

    Early Account Termination Fee

    I wasn’t able to find an early account termination in the fee schedule

    Referral Bonus

    There is also a $50 referral bonus for both parties. Last time Wings Financial offered a bonus the referral bonus and the main bonus stacked. Do not share your referrals in the comments below, you can share them in this linked posted insteadSome discussion on linking the promotions here.

    Our Verdict

    Previously this was called Wings Financial Credit Union, now called Wings Credit Union. Last time they offered a $300 checking bonus. Keep in mind you’re excluded from doing this bonus if you’ve done a Wings one before unfortunately so that will exclude a lot of readers. The Platinum Plus Savings account earns 4.75% APY when you have $25,000+ and a direct deposit of $300+ so the savings bonus is also worth considering as that’s already competitive with the top high yield rates before taking into account the $200 bonus (you’d need to hold the $25k in there for ~3 months minimum which works out to be 3.2% APY annualized). We will add this to our list of the best bank account bonuses.

    Hat tip to ShawntheShawn

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  • [Targeted] Capital One $600 Business Checking Bonus – Doctor Of Credit

    [Targeted] Capital One $600 Business Checking Bonus – Doctor Of Credit

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    Offer at a glance

    • Maximum bonus amount: $600
    • Availability: Nationwide
    • Direct deposit required: No
    • Additional requirements: Use promo code
    • Hard/soft pull: Soft (overdraft protection no longer being offered)
    • ChexSystems: Mixed. EWS sensitive according to the comments
    • Credit card funding: None
    • Monthly fees: $15, avoidable
    • Early account termination fee: None
    • Household limit: None listed
    • Expiration date: Unknown

    The Offer

    No direct link to offer, being sent out to existing clients currently. Suspect there will be a public bonus at some stage and we will repost when this is the case.

    • Capital One is offering a bonus of $600 when you open a new business checking account and complete the following requirements:
      • Use promo code BIZCHK600
      • Deposit $10,000 within 30 days of account opening
      • Maintain a balance of $10,000+ for 60 of the first 90 days of account opening
      • Complete 10 eligible transactions (not including debit card, need to be ACH debits or credits and a few other options)

    The Fine Print

    • You’re eligible as long as you haven’t had a business account. for that business in the past 90 days
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    Basic business checking has a $15 monthly service fee, waived with $2,000 minimum balance

    Early Account Termination Fee

    There is no early account termination fee

    Our Verdict

    Not sure when the last Capital One business checking bonus was, I do think this is worth doing if you are targeted and hopefully it becomes public. If you put the $10,000 into a 5% account for the 60 days you’d earn ~$84 so this is significantly better.

    Hat tip to DougieChurns

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  • [WI only] WaterStone Bank $200 Checking & $100 Savings Bonus – Doctor Of Credit

    [WI only] WaterStone Bank $200 Checking & $100 Savings Bonus – Doctor Of Credit

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    Offer at a glance

    • Maximum bonus amount:$300
    • Availability: Wisconsin only
    • Direct deposit required: Yes
    • Additional requirements: See below
    • Hard/soft pull: Soft pull
    • ChexSystems: Unknown
    • Credit card funding: Unknown
    • Monthly fees: Avoidable
    • Early account termination fee: 180 days, bonus forfeit
    • Household limit: One
    • Expiration date: 10/31/24

    The Offer

    Direct link to offer

    • WaterStone Bank is offering a bonus of up to $300. Bonus is broken down as follows:
      • Open a new checking account with direct deposit to earn $200
      • Add on a new savings or money market account and get an extra $100. Must deposit $5,000 at opening

    The Fine Print

    • $200.00 Automatic Deposit bonus offer requires a $500.00 minimum recurring automatic deposit of payroll or government benefits to be received within 60 calendar days of account opening and will be credited to the checking account on the first statement cycle* after the direct deposit is received. A $200.00 payback fee will be imposed if the checking account is closed within 180 calendar days of account opening. Fees may reduce earnings. Offer applies to new checking account customers only, is redeemable at any branch location, cannot be combined with other offers, is limited to one per household, and does not apply to individuals that closed a WSB checking account within the past 180 calendar days.
    • $100.00 Money Market Account Bonus requires $5,000.00 or more opening deposit and a Universal checking account to receive bonus. Bonus will be credited to the money market account within 60 calendar days of account opening. A $100.00 payback fee will be imposed on your money market account if either the money market account or Universal checking account is closed within 180 calendar days of account opening.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    • Universal Checking has $1000 minimum average balance else $25/month fee
    • Savings has $100 minimum average balance else $5/month fee

    Early Account Termination Fee

    If account is closed within 180 days you forfeit the bonus.

    Our Verdict

    Not a bad deal if you live in an eligible area.

    Hat tip to reader TonyBank

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  • [NM] Del Norte Credit Union $300 Checking Bonus – Doctor Of Credit

    [NM] Del Norte Credit Union $300 Checking Bonus – Doctor Of Credit

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    Offer at a glance

    • Maximum bonus amount: $300
    • Availability: Must be New Mexico resident. OOS doesn’t work
    • Direct deposit required: Yes
    • Additional requirements: See below
    • Hard/soft pull: Soft pull
    • ChexSystems: Unknown
    • Credit card funding: Up To $105
    • Monthly fees: None
    • Early account termination fee: $5, 3 months
    • Household limit: None listed
    • Expiration date: 12/31/2025

    The Offer

    Direct link to offer

    • Del Norte Credit Union is offering a $300 bonus when you open a new checking account and complete the following requirements:
      • Direct deposit
      • eStatements
      • Register for online banking.

    The Fine Print

    • iSWITCHED offer valid until 12/31/2025.
    • One time $300 reward will be automatically deposited into your account at 90 days from account opening date, as long as requirements are met.
    • One reward per social security number will be paid. $5 minimum deposit is required to open membership.
    • Discounts available on any consumer loan with full payroll deposit and automatic payments on that loan, subject to loan approval and availability.
    • One match per family up to $50 during the first year only for Holiday Savings Club and Youth Savings account.
    • Mortgage appraisal fee discount will be offered one time only. Rewards are subject to IRS reporting.
    • Consult your tax advisor regarding tax obligations.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    Free 4 me has no monthly fees to worry about.

    Early Account Termination Fee

    There is a $5 fee if closed within 3 months of account opening according to the fee schedule.

    Our Verdict

    Doesn’t look like any minimum for the direct deposit requirement, worth doing if you live in New Mexico I think. Will be added to our best bank bonus page.

    Hat tip to ShawntheShawn

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  • [NY] Hudson Valley Federal Credit Union $500 Checking Bonus, Direct Deposit Not Required – Doctor Of Credit

    [NY] Hudson Valley Federal Credit Union $500 Checking Bonus, Direct Deposit Not Required – Doctor Of Credit

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    Update 10/12/24: Deal is back, but now for $500. Valid until 12/4/24. Hat tip to reader Alex

    Offer at a glance

    • Maximum bonus amount: $500
    • Availability: Must live, work, worship, volunteer, attend school in one of the following counties: Albany, Columbia, Dutchess, Greene, Orange, Putnam, Rennselaer, Rockland, Saratoga, Schenectady, Ulster, and Westchester Counties
    • Direct deposit required: Optional
    • Additional requirements: See below
    • Hard/soft pull: Soft pull
    • ChexSystems: Unknown
    • Credit card funding: Up to $10,000
    • Monthly fees: None
    • Early account termination fee: $20, 90 days
    • Household limit: None
    • Expiration date: 12/31/2023

    The Offer

    Direct link to offer

    • Hudson Valley Federal Credit Union is offering $400 checking bonus. Requirements are as follows:
      • Open a new HVCU Premier or Classic Checking Account with a Visa Debit Card
      • Sign up for Internet Banking & eStatements
      • Spend a minimum of $1,500 with your new Debit Card OR make $1,500 in direct deposits into your new account within the first 90 days

    The Fine Print

    • Terms and Conditions Applicable to $400 Bonus Checking Account Offer, valid from 10/2/2023 to 12/31/2023
    • Account holder has 90 calendar days to meet the requirements to receive bonus. HVCU will deposit the $400 bonus into the account holder’s new checking account within five business days after the completion of the 90 calendar day qualification period, so long as the account holder fulfills each of the following three qualifications:
    • Open a new checking account with HVCU Visa Debit Card (must be requested at time of account opening);
    • Enroll in Internet Banking and/or Mobile Banking services and enroll in e-statements;
    • Use your new HVCU debit card and spend a minimum of $1,500 using the new checking account OR sign up for qualifying direct deposits with a cumulative minimum of $1,500 into your new checking account. A “qualifying direct deposit” is a direct deposit of regular monthly income, such as your salary, pension, or Social Security benefits, which are made by your employer or other payer, using account and routing numbers that you provide to them. Examples of non-qualifying direct deposits and transfers include: your initial ACH deposit to open the account, teller deposits, wire transfers, debit card transfers, ATM transfers or deposits, or Internet or Mobile banking transfers or deposits. Offer subject to member verification.
    • Only one bonus of $400 will be paid to the primary checking account owner. This must be your first HVCU checking account to qualify for this bonus. Only Personal Classic and Premier checking accounts are eligible for this offer. Members under the age of 18 are not eligible to receive this bonus. No exceptions will be made or considered. Account must be in good standing and the qualifications satisfied to receive bonus. Good standing means you have on deposit at least the par value of one full share ($0.01) in the regular share savings account, have no delinquent loans (payment is not more than 30 days late), and have a positive balance in all share accounts. May be subject to IRS reporting; please consult your tax advisor. HVCU expressly reserves the right to terminate this promotion at its discretion at any time and without further notice provided to you.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    Classic checking account has no monthly fees to worry about.

    Early Account Termination Fee

    According to the fee schedule there is an early account termination fee of $20 if closed within 90 days of account opening.

    Our Verdict

    Not sure if the credit card funding is still available or not. Previous best was the $750 checking bonus, but that required a direct deposit. Worth doing if you live in an eligible area.

    Hat tip to reader Tikky

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  • [CA only] Sacramento Credit Union $200 Checking Bonus – Doctor Of Credit

    [CA only] Sacramento Credit Union $200 Checking Bonus – Doctor Of Credit

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    Update 10/12/24: Bonus is back at $200.

    Update 11/29/22: Bonus now $200.

    Update 7/24/21: Available again, no end date listed. Hat tip to reader Pang.

    Update 8/16/20: Deal is back through August 27th with promo code SAVE.

    Offer at a glance

    • Maximum bonus amount: $150 $200
    • Availability: Any and all persons who live or regularly work in El Dorado, Placer, Sacramento, Solano, Sutter, Yolo and Yuba Counties, California, as well as any and all businesses, corporations, and/or other legal entities in the aforementioned counties
    • Direct deposit required: Yes, no minimum specified
    • Additional requirements: None
    • Hard/soft pull:  Soft, report of hard pull
    • ChexSystems: Unknown
    • Credit card funding: Yes, up to $500
    • Monthly fees: None
    • Early account termination fee: Unknown
    • Household limit: None listed
    • Expiration date: August 24th, 2018 August 27, 2020 December 31, 2024

    The Offer

    Direct link to offer

    • Open a new Sacramento Credit Union free checking account and receive a bonus of $200 when you receive a direct deposit within 60 days of account opening.

     

    The Fine Print

    • Existing Sacramento Credit Union checking account holders are ineligible for the $200 bonus. Direct Deposit (electronic transfer for payroll, pension or government benefits) must post to new checking account by day 60 after account opening.
    • A $200 bonus will be deposited into the new free checking account on the first business day after 60 days of the account opening.
    • Bonus is considered interest and will be reported on IRS form 1099-INT.
    • Offer valid through December 31, 2024.

    Avoiding Fees

    You need to pay a $5 fee to join.

    Monthly Fees

    The free checking account required has no monthly fees to worry about

    Early Account Termination Fee

    I wasn’t able to find a fee schedule so I’m unsure if there is any early account termination fee.

    Our Verdict

    Not a huge bonus, but better than the previous $100 deal they have had. The small amount of credit card funding and the fact that there is no monthly fees to worry about is nice. I’ll be adding this to our list of the best checking account bonuses.

    Big thanks to reader, EW who let us know. Learn how to find bonuses and contribute to the site here.

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  • [AZ only] VantageWest Credit Union $300 Checking Bonus, Direct Deposit Not Required – Doctor Of Credit

    [AZ only] VantageWest Credit Union $300 Checking Bonus, Direct Deposit Not Required – Doctor Of Credit

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    Update 10/5/24: Deal is back until October 15, 2024. Hat tip to DesertActor

    Update 7/23/22: Deal is back until December 31, 2022. Hat tip to payyoutuesday.

    Offer at a glance

    • Maximum bonus amount: $300
    • Availability: Must live, work or worship in Pima, Pinal, Cochise, or Maricopa Counties, Gila River Indian Community Reservation, Arizona’s “Copper Basin” Area
    • Direct deposit required: No
    • Additional requirements: See below
    • Hard/soft pull: Soft pull
    • ChexSystems: Unknown
    • Credit card funding: $2,000
    • Monthly fees: $12, avoidable
    • Early account termination fee: Six months, bonus forfeit
    • Household limit: None
    • Expiration date: December 31, 2021

    The Offer

    Direct link to offer

    • VantageWest is offering a bonus of $300 when you open a new Premium Rewards Checking account. Bonus requirements are as follows:
      • Make $1,000 in deposits
      • Complete one debit card transaction
    • Or you can get a $150 bonus when you open an essential checking account. Bonus requirements are as follows:
      • Make $500 in deposits
      • Complete one debit card transaction

    The Fine Print

    • New Vantage West Members are eligible for one of two rewards options:
      • 1) To qualify for the 30,000 Rewards Points bonus ($300 cash value), you must open a new Vantage West Membership and a Premium Rewards Checking account and complete each of the following within 60 days of account opening: Deposit an aggregate total of $1,000 and complete 1 debit card transaction (transaction must be completed with the debit card). Or
      • 2) To qualify for the 10,000 Rewards Points bonus ($100 cash value), you must open a new Vantage West Membership and an Essential Checking account and complete each of the following within 60 days of account opening: Deposit an aggregate total of $500 and complete 1 debit card transaction (transaction must be completed with the debit card).
    • Promotion runs June 1, 2021- December 31, 2021.
    • Your checking account must remain open for at least 6 months.
    • If it is closed within 6 months of the open date you may be responsible for reimbursement of any bonus awarded.
    • Minimum opening deposit for Premium Rewards Checking and Essential Checking is $20.00.
    • Essential Checking does not earn rewards points.
    • A qualifying product (Premium Rewards Checking or Credit Card) must be opened to continue earning rewards points.
    • Your account must be in good standing at time the bonus is awarded.
    • The Rewards Points will be credited to your rewards account within 30 days of the date the last requirement is met.
    • Limit one new Premium Rewards or Essential Checking account, per membership and per member, will be eligible for the bonus.
    • Offer available to non-Members who have not had a relationship with Vantage West in the past 6 months.
    • Offer valid for new Premium Rewards and Essential Checking accounts only.
    • Members with any existing Vantage West relationship are not eligible for the bonus. Conversions between Premium Rewards and Essential Checking are not eligible for the bonus.
    • Offer cannot be combined with any other offers associated with opening a checking account.
    • See Vantage West Rewards terms and conditions for details and restrictions of the program.
    • All accounts are subject to approval. Additional restrictions may apply. Subject to change without notice.
    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Premium Rewards Checking ($300 Bonus)

    This account has a $12 monthly fee. This is waived if you do any of the following:

    • minimum daily balance of $3,000, or
    • combined average daily balance in all deposit accounts of $10,000 or
    • monthly net direct deposit of $750

    Essential Checking ($100 Bonus)

    This account has no monthly fees to worry about.

    Early Account Termination Fee

    Account must be kept open for six months, otherwise bonus will be deducted.

    Our Verdict

    This offer is significantly better than the old $200 bonus as no direct deposit is required. VantageWest also offer a 5% card. This bonus is definitely worth doing and even better due to the higher than normal bonus and the credit card funding available. Will be added to the best checking bonuses.

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  • U.S. Bank $400/$900 Business Checking Bonus – Doctor Of Credit

    U.S. Bank $400/$900 Business Checking Bonus – Doctor Of Credit

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    Offer at a glance

    • Maximum bonus amount: $900
    • Availability: Nationwide (excludes NY & FL and any other state without a branch unless you have an existing relationship)
    • Direct deposit required: None
    • Additional requirements: See below
    • Hard/soft pull: Soft pull
    • ChexSystems: Mixed data points
    • Credit card funding: Can fund up to $3,000 with a credit card
    • Monthly fees: None with paperless statements
    • Early account termination fee: None
    • Household limit: None
    • Expiration date: January 15, 2025

    The Offer

    Direct link to offer

    • U.S. Bank is offering a bonus of up to $900 when you open a new business checking account when you use promo code Q4AFL24. 
      • Earn $900 when you open a Platinum Business Checking Account package
        • Deposit at least $30,000 in new money within 30 days of account opening
        • Maintain at least that balance for 60 days after opening the account
      • Earn $400 when you open a Silver Business Checking Account package
        • Deposit at least $5,000 in new money within 30 days of account opening (Silver or Business Essentials)
        • Maintain at least that balance for 60 days after opening the account

    The Fine Print

    • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

    Avoiding Fees

    Monthly Fees

    • Silver account has no monthly fees to worry about as long as you opt in for paperless statements.
    • Platinum account has a $30 monthly fee, this is waived if you
      •  An active U.S. Bank Payment Solutions Merchant Account or
      • $25,000 average collected checking balance $75,000 combined average collected business deposits and outstanding business credit balances

    Early Account Termination Fee

    There is no early account termination fee to worry about

    Our Verdict

    Previously there was a $800 business checking bonus with the same requirements as the current $900 bonus but it only required a silver account which is much easier to keep fee free. Because of that I think the old $800 bonus is actually better. That being said the new $400 bonus is the exact same requirements as the old $300 bonus with the same account needing to be opened so that is an improvement and worth doing. Given the churn period is now only 12 months I do think the $400 bonus is worth doing and we will add it to our best business bank bonus page.

    Hat tip to reader Jack

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