The Best Checking Account Promotions Available Right Now

Is your money making you any extra cash while it’s sitting in the bank? It likely isn’t, especially if it’s in a checking account. However, if you know where to look, you can earn extra money by putting your money in the right checking account.

Don’t put your money in just any bank – choose a bank that’ll give you money for depositing your money. Check out the following checking account promotions, which can earn you hundreds of dollars.

Chase Bank: Get $200 Bonus for New Accounts

The Promotion: Get $200 for opening a Chase Total Checking account and setting up direct deposits before October 14, 2020.

How to Take Advantage: To get the $200  bonus, you can open a Chase Total Checking account online or at your local Chase Bank branch. If you want to take advantage of this promotion in-person, you’ll need to make sure you enter your email on the Chase Bank website to have the offer sent to you.

The Requirements: You must set up a direct deposit to your Chase Total Checking account within 90 days of opening it. You’ll also need to keep this new account open for a minimum of 60 days to keep your bonus. The $200 is deposited right into your account just 10 days after you set up your direct deposit. Your Total Checking account comes with a $12 monthly fee unless you have a monthly direct deposit of $500 or more, a daily balance of $1,500 or more, or an average beginning day balance of $5,000 or more.

Wells Fargo: Everyday Checking $400 Bonus

The Promotion: Get $400 by opening a Wells Fargo Everyday Checking account with an initial deposit of $25 by July 31, 2020.

How to Take Advantage: Head to the Wells Fargo website and open a new Everyday Checking account. You’ll need to enter your zip code to ensure the promotion is valid in your area. As long as you meet the requirements and keep your account open, you’ll see your $400 bonus within 30 days.

The Requirements: After opening your Everyday Checking account, you’ll need to set up a direct deposit and receive a cumulative monthly total of $4,000 in direct deposits for a total of three months to get the bonus. Your Everday Checking account will come with a $10 monthly fee unless you have 10 or more debit card purchases within a month, have a monthly direct deposit of at least $500, or a daily balance of $1,500

HSBC: Premier Checking $400 Bonus

The Promotion: Get $450 for opening a Premier Checking account by September 30, 2020.

How to Take Advantage: You can head online to the HSBC website to take advantage of this promotional offer. New customers can open a new Premier Checking account in just a few minutes online.

The Requirements: Must deposit a minimum of $5,000 within 30 days of opening the account. You must keep that money in your new HSBC account for at least 90 days to receive your bonus. Along with the $5,000 deposit, you also have to set up a recurring direct deposit for at least three months. The $400 will be deposited into your account within eight weeks after completing all requirements.

PNC Bank: Up to $300 Bonus for New Virtual Wallet Accounts

The Promotion: Get either $50, $200, or $300 in bonus cash for opening a PNC Bank Virtual Wallet checking account.

How to Take Advantage: You can opt to take advantage of this promotion by opening a Virtual Wallet checking account online right at the PNC Bank website or at your local PNC branch. If you plan to open this account in-person, make sure to visit the PNC Bank website to have the promotion emailed to you first.

The Requirements: To get $50, you’ll need to make a direct deposit of $500 within 60 days of opening the account. To get $200 or $300, you’ll need to make a direct deposit of $2,000 or $5,000 respectively. You’ll see your bonus in your checking account between 60 to 90 days after meeting these requirements.

Get More Out of Your Checking Account

Right now, you can increase your cash flow. And all you have to do is open a new checking account – one that’s offering a promotion that puts more money into your hands. You can easily increase your money by taking advantage of bank bonuses, freebies, and incentives for new accounts.

Open a new checking account, and you could reap a reward totaling hundreds of dollars. And if you search online, you’ll find that some of the biggest names in banking are offering great promotions each month. These promotions can change frequently, meaning it’s in your best financial interest to be on the lookout for ways to make more money with your checking account often.

Sally Anscombe / Getty Images