Sometimes you can indeed have your cake and eat it too. While some people may say that there’s no such thing as a free lunch, at The Markdown Market, we beg to differ. If you find yourself in the position to open a new checking account in the near future, take a look at our top picks for best bank account deals for new accounts in 2017.
Want a great checking account and a nice bonus balance that you can spend on whatever you please? Then look to the Chase Premier Plus and you’ll get as much as $300. You need to make sure you have at least a $25 deposit within 60 days of opening the account. There is a $25 monthly service fee that applies to this account, but if you use it enough and take advantage of Chase’s perks, it’s well worth the bonus. You will also need to setup a qualifying direct deposit to redeem this offer.
You can also take a step down and look at the Chase Total Checking with direct deposit. If you setup one of these accounts and link it to your payday, you’ll get a $200 reward within 10 business days. Like the above account, you’ll need to maintain at least a $25 minimum balance, and there is a $12 monthly fee which can be waived when you keep a $1,500 daily minimum balance. Additional bonuses can add as much as $150 more.
This sweet bonus requires that you open a checking account and deposit $50,000 or more (naturally, this is not for most people). But say you have just refinanced your mortgage or have a large equity payout, or just want to make money off your savings, then this is for you. Additional requirements are that you have to use paperless statements. The bonus takes about 90 days to reflect on your account balance.
If the $50k balance requirements from above are too steep, you can also get $300 from the Citibank Account Package. But you’ll need to open an account with $15,000 and use paperless statements, while keeping that balance steady for at least 60 days before getting the bonus.
If you love online banking, then make sure you check out this sweet offer. E First Bank is offering $200 in bonus cash for new accounts when you make at least one direct deposit of $500 or more within 90 days of opening the account. It takes up to four weeks to get the bonus deposited into your account.
Want to make an easy $300? Then open an account before the end of the year at PNC Bank for their Virtual Wallet account. Set up a direct deposit and make at least 10 standard debit transactions, and you’ll be $300 richer for your efforts.
Suntrust is another bank offering sweet cash perks. To get this offer, you need to open a Signature Advantage Account and make at least $500 or more in direct deposits within 60 days while also posting at least 10 debit card transactions. Do this, and you’ll be flush with bonus cash for your efforts.
If you want to make $200 the easy way, then check out Huntington Bank. New checking accounts can get this bonus when $1,000 in qualifying deposits are made within the first 60 days of opening the account. There are some restrictions on states and qualifications, so make sure you read the fine print first.
What a great way to save up for college! If you open a new CollegeSaver account at Citizens Bank, and you make sure that the account is open before your kid turns 12, you’ll get a really sweet $1,000 bonus when they turn 18. What’s more, the account bears interest, so every dollar you put into goes even further towards paying for their collegiate education.
Love to fly for free with your AA miles? Then make sure you don’t overlook the perks being offered by the BankDirect Mileage Checking Account. Just opening the account gives you 1,000 bonus miles, while adding your direct deposit gets you 5,000 more and using bill pay gives you an additional 2,000. Even better, you can start earning miles for every dollar you spend, making this account nearly as sweet as the AA rewards credit card is for miles.
Now that you know where you can score some free bonus cash just for opening a new bank account, make sure you don’t overlook our related guide: Charge it with a Purpose: Best Credit Card Rewards Programs and Perks – where you will find our top picks for credit cards with serious rewards for 2017. Make sure to stop back in soon, because we’re finding ways to get you hot deals and help you save money all the time!