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The Best Checking Account Promotions to Take Advantage of in 2019

By natadm

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.

The Best Checking Account Promotions to Take Advantage of in 2018

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Up to $350 Sign Up Bonus When Opening a Chase Total Checking and Chase Savings Account

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 with an additional bonus when opening a Chase Savings account. So customers who are new to Chase will receive $200 when opening a checking account and an additional $150 when opening a savings account. There are just a few requirements:

  1. Customers must deposit a minimum of $10,000 into the savings account within 20 business days;
  2. Maintain a $10,000 balance for 90 days, and;
  3. Set up a recurring direct deposit for the checking account.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:

  1. Receive at least $500 in direct deposits a month;
  2. Have a minimum daily balance of $1,500, and;
  3. Paying $25 worth of services or fees to Chase.

$200 Bonus When You Open A BB&T Bright Banking Checking Account

Right now is the perfect time to take advantage of the $200 cash bonus at BB&T when you open a Bright Banking Checking account. However, this offer won’t last long as you have until August 8 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:

  1. Set up direct deposits and receive at least two monthly direct deposits of $100 each, or;
  2. Complete three online bill payments of $25 or more with U by BB&T.2

It’s important to know that new account holders must also clear the minimum opening deposit of $100. Plus, there is a $12 monthly account fee. However, this fee can be waived if you meet one of the following requirements:

  1. Maintaining a balance of $1,500, or;
  2. Receiving $500 or more in ACH direct deposits per statement cycle.

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.

$200 Bonus With the CitiBank Basic Banking Package

New CitiBank account holders can receive a $200 bonus when they open a new eligible checking account in the Citibank Basic Banking Package by June 30, 2019. Here’s how the promotion works, according to CitiBank’s Website:

  1. Open a new eligible checking account in the Basic Banking Package between by date above;
  2. Within 30 days of opening your account deposit $5,000 New-to-Citibank funds into the new checking account, and;
  3. Maintain a minimum balance of $5,000 for 60 consecutive calendar days.

When you complete the qualifying activities, account holders will receive the bonus within 90 days. It’s important to know that this offer is only available to new account holders.3

The account has a $12 monthly fee. However, this fee is waived when you maintain a minimum monthly balance average of $1,500.

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 July 31 to take advantage of the $350 cash bonus when opening an Advance Checking account. Here’s how to qualify for the amazing offer:

  1. Open your new HSBC Advance checking account online by July 31, 2019;
  2. Deposit a minimum Qualifying Balance of $5,000 or more in New Money in combined checking and savings accounts within 30 calendar days of account opening, and;
  3. Set up recurring direct deposits from a third-party, which last for at least three months after opening the account.

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 Advantage Banking account

You have until August 31 to take advantage of the $100 welcome bonus when opening an Advantage Banking account with Bank of America. To qualify, customers must open Bank of America Advantage Banking account by using the online forum by August 1 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 the basic Advantage Banking account and a $100 minimum deposit to open any of more advanced Advantage Banking accounts.

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.

Thinking of opening up a checking account today? Get started today. 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.