The Best Checking Account Promotions to Take Advantage of in 2019
With a new year, comes new goals, such as having more financial freedom – and did you know that having the right checking account could save you hundreds of dollars? Actually, right now is the best time to open up a new checking account as banks want your business.
There are plenty of account promotions to take advantage of this year with special promotions, bonuses, and even offers of free cash. Luckily for you, we’ve helped to narrow down your search. Here are some of the best checking account promotions with the best features, low fees, and amazing rewards.
$200 Sign Up Bonus at Chase Total Checking
If you didn’t get a chance to take advantage of Chase Total Checking $200 sign up bonus last year, well now is your chance. Chase will once again continue its popular Total Checking promotion, so customers who are new to Chase will receive a bonus $200 when opening an accounting. There’s only one catch – customers must deposit a minimum of $25 and set up a recurring direct deposit.1
Chase is one of the leading banks in the United States. As such, you’ll be offered amazing advantages such as free access to features like person-to-person payments, credit score monitoring, and digital access to JP Morgan’s You Invest program using Chase’s app.
One thing to note when opening a Chase Total Checking account is that it will cost $12 a month. However, this fee can be waived if you meet one of the following criteria:
- Receive at least $500 in direct deposits a month
- Have a minimum daily balance of $1,500
- Paying $25 worth of services or fees to Chase
$400 Cash Bonus When You Open A BB&T Elite Gold Checking Account
Right now is the perfect time to take advantage of the $400 cash bonus at BB&T when you open an Elite Gold Checking account. However, this offer won’t last long as you have until March 29 to sign up. In order to claim this offer, new customers must open the account online and complete one of the following qualifying activities within 75 days of opening the account:
- Maintain an average daily balance of at least $10,000
- Receive at least $2,000 in direct deposits2
It’s important to know that new account holders must also clear the minimum opening deposit of $100. Plus, there is a $30 monthly account fee. However, this fee can be waived if you meet one of the following requirements:
- Maintaining $25,000 in combined personal deposit or investment balances
- Carrying a BB&T personal mortgage with an original principal of $150,000 or more
New account holders who meet the above criteria will receive the bonus within four weeks of qualifying. Also, you must keep the account open for at least 180 days to avoid the $25 termination fee. It’s important to note that this offer is not available in Pennsylvania or New Jersey.
Up to $500 Cash Bonus With the CitiBank Account Package
New CitiBank account holders can receive up to $500 cash bonus when they open a new eligible checking and savings account in the Citibank Account package by March 31, 2019. Here’s how the promotion works, according to CitiBank’s Website:
- Open a new eligible checking account in the Basic Banking Package between by date above
- Within 30 days of opening your account deposit $5,000 New-to-Citibank funds into the new checking account
- Maintain a minimum balance of $5,000 for 60 consecutive calendar days; doing this qualifies you for a $400 cash bonus, which you’ll receive within 90 days of completing
- Get $200 deposited to your account
When you complete the qualifying activities, account holders will receive the cash bonus within 90 days. It’s important to know that this offer is only available to new account holders.3
The account has a $25 monthly fee. However, this fee is waived when you maintain a minimum daily balance average of at least $10,000.
Take Advantage of HSBC Advance Checking Promotion of $350 Cash Back
Here is some great news — HSBC’s checking account promotion has been extended. Now, new account holders have until March 29 to take advantage of the $350 cash bonus when opening an Advance Checking account. Here’s how to qualify for the amazing offer:
- Open your new HSBC Advance checking account online by March 29, 2019
- Deposit a minimum Qualifying Balance of $10,000 or more in New Money in combined checking and savings accounts within 30 calendar days of account opening
- Maintain at least the minimum Qualifying Balance for 90 calendar days from the date you deposited the minimum Qualifying Balance
New account holders will receive this welcome bonus within eight weeks after completing the above qualifying activities.4
To avoid the $25 monthly account fee, account holders must maintain a daily balance of $10,000 or by maintaining a $5,000 daily balance and have a recurring direct deposit into the account.
$100 Welcome Bonus When You Open a Bank of America Core Checking or Interest Checking account
You have until February 28 to take advantage of the $100 welcome cashback bonus when opening either a Core Checking or Interest Checking account with Bank of America. To qualify, customers must open Bank of America Advantage Banking account by using the online forum by February 28 and set up direct deposit or set up and receive at least two qualifying direct deposits of $250 or more within first 90 days of opening the account.5
It’s important to know that there is a $25 minimum deposit to open a Core Checking account and a $100 minimum deposit to open an Interest Checking account.
Take Advantage of Checking Account Promotions Today, These Offers Won’t Last Long
These are just a fraction of the Checking Account promotions that are currently available. There are plenty of more offers to choose from — you just have to spend time searching.
If one of your 2019 goals is to become more financially fit, opening a new checking account can help you get to where you want to be, plus you’ll receive rewards that can save you hundreds of dollars. It’s important to act fast because most of these offers won’t last long.
Thinking of opening up a checking account today? Search online to see if you qualify.