The Best Checking Account Promotions to Take Advantage of in 2018

Why are banks always offering new incentives to customers? Banks want your business! That’s why banks try to entice you to open a new checking account with special promotions and offers of free cash.

Take advantage of these promotions and you’ll receive hundreds of dollars, no strings attached. Here are the best checking account promotions to get more for your money in 2018.

Chase Total Checking: $200 New Account Bonus

Chase offers a Total Checking promotion: open a Total Checking account with a minimum deposit of $25 and set up a recurring direct deposit. Once the direct deposit is made within 60 days of your account opening date, Chase will give you $200.

Keep in mind that a Chase Total Checking account does come with a $12 monthly fee. You can get that fee waived if you manage to meet one of the bank’s balance requirements.

HSBC Choice Checking: $200 or More Cash Bonus

Though HSBC is a bank for investors, it’s also a great place to receive extra cash for a new checking account. Open a Choice Checking account at HSBC Bank and maintain a minimum balance of $1,500 for 90 days, and you’ll get a bonus of $200. Want more? Open an Advance Checking account, keep a balance of $10,000 for 90 days, and you’ll receive $350.

Capital One 360 Checking: Up to $400 Bonus

Think Capital One only offers credit cards? This well-known lender is also offering an impressive cash bonus. Open a Capital One 360 Checking account and make a $1,000 initial deposit. That’s it –  you’ll receive your $200 bonus in 6 to 8 weeks. You can get another $200 if you open a Capital One 360 Money Market account.

BMO Harris Smart Money: $200 Bonus

If you have a BMO Harris bank branch in your neighborhood, you’ll want to take advantage of the $200 in bonus cash offered to new account holders. Open any BMO Harris checking account and schedule 2 direct deposits totaling at least $300 each in the first 90 days. After keeping your account open for 120 days, BMO Harris will deposit your bonus.

Get More Out of Your Bank

Increase your cash flow by capitalizing on bank bonuses. Open a new checking account, and you can reap a reward of hundreds of dollars.

The best part? Checking account promotions is that they’re entirely free. There’s no need to worry about getting charged or having to pay huge fees down the line. Designed for free checking accounts, these promotions are the perfect way to add a little bonus to your monthly income.