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If you’re interested in bank bonuses, there are several banks offering attractive promotions for opening new accounts. Here are some of the best bank bonuses available in May 2024:
1. Tastytrade:
If you’re a new or existing Tastytrade customer, you can earn a cash bonus by opening and funding an account. The bonus amount depends on the initial funding amount, ranging from $50 to $5,000. Remember to use the referral code “MYNEWBONUS” during registration.
2. Citigold® Checking Account:
Citi offers up to a $2,500 bonus for opening a new Citigold® Checking Account. Deposit $30,000 or more in New-to-Citi funds within 20 days and maintain that balance for 60 days to qualify.
3. Chase Private Client:
Chase offers a bonus of up to $3,000 when you open a new Chase Private Client CheckingSM account. The bonus is based on the amount you deposit, ranging from $1,000 to $3,000.
4.Wells Fargo Premier:
If you have $500,000 or more in cash, Wells Fargo offers a $3,500 bonus for opening a new Premier Checking account at a branch. Remember to provide the bonus offer code during account opening.
5. Capital One 360 Performance Savings:
- Capital One offers a tiered bonus on their Performance Savings account.
- Open an account and deposit at least $20,000 in new funds within the 15-day initial funding period.
- Keep the funds there for an additional 90 days.
- The bonus amounts are as follows:
- Deposit $20,000 – $49,999: Earn a $300 bonus.
- Deposit $50,000 – $99,999: Earn a $750 bonus.
- Deposit $100,000 or more: Earn a $1,500 bonus.
- Eligibility criteria apply, and certain account types may make you ineligible for the bonus.
6 . Chase Sapphire Preferred Card:
- The Chase Sapphire Preferred card offers a fantastic welcome bonus.
- Earn 75,000 Ultimate Rewards points after spending $4,000 on purchases within the first three months.
- These points are worth about a penny each, but with the Sapphire Preferred Card, they’re worth 25% more when redeemed through the travel portal.
- The card also provides solid cashback rewards and has an annual fee of $95.
7. Capital One Spark Cash Plus:
- If you run a business, consider the Capital One Spark Cash Plus.
- Earn a $1,200 cash bonus after spending at least $30,000 within three months of account opening.
- This card offers unlimited 2% cash back on every purchase, making it a strong choice for business expenses.
- The annual fee is $150.
8. Other Bank Bonuses:
- While $1,000 bonuses are rare, there are still many deals available.
- U.S. Bank offers up to $700 for opening a new U.S. Bank Smartly® Checking account and Standard Savings account.
- BMO Relationship Checking offers a $500 bonus for qualifying direct deposits within the first 90 days.
- Bank of America provides a $200 cash bonus for setting up qualifying direct deposits.