Did you know that banks always want new customers, and they offer big incentives to get them? By opening a checking account, other services like credit cards, car loans and savings accounts may be offered to you from the bank.
Nowadays online banks want to compete with physical banks, so they can pass those savings along to YOU! Lot’s of banks are offering 300+ bonuses just for opening an account. There’s never been a better time to make the most of these offers.
Here are some of the best bonuses we have found today
If you haven’t had an account with HSBC from Nov 2. 2017, you can open an HSBC Premier Checking Account through the promo page on their website. What do you have to do to qualify for a bonus? You must deposit no less than $100k and spread across all your HSBC savings and checking accounts within a period of 30 days after you create the premier checking account. Moreover, the total funds must stay above $100k for at least 90 calendar days. With that done, you’ll get a bonus of $750 after about two months in your new account.
Citibank offers a $200, $400, and $600 bonus for deposits made to a new checking and savings or just a checking account in the amount of $5k, $15k, and $50k respectively. All that is necessary is that you keep that balance for no less than 30 days. There’s an additional $100 bonus available, but you have to receive at least one direct deposit to your account for two months straight.
If you’re like most people, you don’t have thousands of dollars lying around. In that case, go with Chase. This bank offers a $200 bonus to customers opening a Chase Total Checking Account with at least $25. To qualify for the bonus, you must get a direct deposit no later than 60 days after opening the account, and the account has to be open for a total of 6 months. Best of all, the bonus clears in about 10 business days after you qualify.
How is This Possible?
When you deposit money into an account, the bank uses that along with deposits from many other people to earn an investment. Since competition is heating up with online bank accounts, banks are inclined to share more of the profit with you. Furthermore, the costs of running a website in comparison to running physical locations are much smaller, so banks are willing to give better incentives.
But, don’t think that only big banks have these offers – the same is true for much smaller banks. That’s why you should always ask just in case a bank has a special offer in place that might suit your spending habits and needs.
Don’t Wait, Get Your Bonus Now!
The banks we noted are only a drop in the ocean of what’s possible if you look online. If you have an internet connection, you have everything necessary to find a great bonus and an excellent new account.