34 Best New Bank Account Promotions & Offers – Dec 2018

34 Best New Bank Account Promotions & Offers – Dec 2018

It’s possible to make $100s just by opening up a bank account. But sorting through the best offers can be tricky.

At Money Crashers, we comb through hundreds of deals every month to find you the most lucrative sign-up bonuses – some worth up to $1,000. We also rank the best high-yield checking accounts, cash back credit cards, and more.

Don’t want to miss out? Here are the best bank promotions for the month of December.

td bank

This offer is available to residents of the following states: CT, DE, DC, FL, ME, MD, MA, NH, NJ, NY, NC, PA, RI, SC, VT, VA.































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td bank

This offer is available to residents of the following states: CT, DE, DC, FL, ME, MD, MA, NH, NJ, NY, NC, PA, RI, SC, VT, VA.































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chase bank logo

Open a new Chase SapphireSM Checking account and earn 60,000 bonus Chase Ultimate Rewards points. Within 45 days of opening your account, transfer a total of $75,000 or more in qualifying new money or securities to a combination of eligible checking, savings and/or investment accounts. Then, maintain the balance for at least 90 days.

This offer is available to Chase Sapphire cardmembers only. The minimum opening balance is $25, and there’s a $25 monthly service fee that’s waived when you maintain a $75,000 minimum daily balance across all eligible accounts.































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chase bank logo

To qualify for this bonus, open a new Chase Premier Plus CheckingSM account with a deposit of at least $25 within 60 days, and have a direct deposit (electronic transfer for paycheck, pension or government benefits) made to the account. (You can either apply online using the link above, or enter your email on the linked page to receive the coupon to take to your local Chase branch.) Once these steps are taken, you should receive the bonus in your account within 10 business days.

Keep in mind that the Premier Plus account has a monthly service fee of $25. However, the fee is waived if you keep an average daily balance of at least $15,000 between all of your Chase accounts (checking, savings, and other balances) or you set up automatic payments to your qualifying Chase mortgage.

Chase has ATMs and branches in the following states: AZ, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, KY, LA, MA, MI, NV, NJ, NY, OH, OK, OR, TX, UT, WA, WV, WI.































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chase bank logo

There is a separate bonus offer of $200 for Chase Total Checking®, which is a step down from the Chase Premier Plus Checking account mentioned above. Open a new Chase Total Checking® account with a minimum of $25 and a qualifying direct deposit made within 60 days. You’ll then receive a $200 bonus within 10 business days.

There is a $12 monthly fee but it is waived if you meet at least one of the following criteria in each monthly statement period:

To receive this bonus, you can either apply online using the link above or enter your email here and take the coupon to a local Chase branch. Chase has ATMs and branches in the following states: AZ, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, KY, LA, MA, MI, NV, NJ, NY, OH, OK, OR, TX, UT, WA, WV, WI.































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chase bank logo

You can earn an additional bonus of $150 with a Chase savings account. Open a new Chase SavingsSM account, deposit at least $10,000 within 20 business days, and maintain a $10,000 balance or more for 90 days from when the deposit was made. You’ll then receive a $150 bonus within 10 business days.

You can avoid the $5 monthly maintenance fee on this account by doing one of the following each monthly statement period:

To receive this bonus, you can either apply online using the link above or enter your email here and take the coupon to a local Chase branch. Chase has ATMs and branches in the following states: AZ, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, KY, LA, MA, MI, NV, NJ, NY, OH, OK, OR, TX, UT, WA, WV, WI.































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chase bank logo

To receive this bonus, you’ll need to enter your email here and take the coupon to a local Chase branch. Chase has ATMs and branches in the following states: AZ, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, KY, LA, MA, MI, NV, NJ, NY, OH, OK, OR, TX, UT, WA, WV, WI. This offer expires on January 10, 2019.































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chase bank logo

To receive this bonus, you’ll need to enter your email here and take the coupon to a local Chase branch. Chase has ATMs and branches in the following states: AZ, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, KY, LA, MA, MI, NV, NJ, NY, OH, OK, OR, TX, UT, WA, WV, WI. This offer expires on January 17, 2019.































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cit bank logo

CIT Bank may be the best option for you because the interest you earn on your balance will likely beat out most other cash bonuses, especially over longer periods of time. Let’s do the math. For example, say you have an initial deposit of $20,000 and plan on depositing $2,000 every month for the next 12 months. At an interest rate of 1.55% and daily compounding, you’ll have earned an extra $514.99 after just 1 year. After 5 years using the same numbers, you’ll have earned an extra $6,464.59 in interest. That’s leaps and bounds above other banks with bigger bonuses but a paltry interest rate close to 0.01%.

This offer is available to all U.S. residents in any state.































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capital one 360

The total cash bonus amount is up to $150, depending on which accounts you open and how much you deposit for the Money Market account.































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pnc bank logo

This offer applies to residents of the following states: AL, DC, DE, FL, GA, IL, IN, KY, MD, MI, MO, NC, NJ, NY, OH, PA, SC, VA, WI & WV.































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Capital One 360 has another great promotion that pays a $500 cash bonus. To qualify, open a Capital One 360 money market account using the promo code “OFFER500,” then deposit at least $50,000 in cumulative deposits. You’ll receive your bonus within 60 days of reaching the $50,000 deposit threshold.

Moving forward, you’ll earn 1.85% APY on all balances above $10,000 and 0.85% APY on all balances below $10,000. There’s no monthly maintenance fee or minimum balance requirement. This offer is not available to anyone who’s had a Capital One 360 savings product (including a money market account) since January 1, 2016.































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suntrust

This offer applies to residents of the following states: AL, AR, FL, GA, MD, MS, NC, SC, TN, VA, DC & WV.































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discover bank logo

For more details on other account types and offers from Discover Bank, check out our Discover Bank review.































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hsbc

Here’s how to do it. First, open your account and deposit at least $10,000 in outside funds (new money) in combined checking and savings accounts within 30 days of your account opening date. Maintain a daily balance of at least $10,000 in the accounts for 90 calendar days from the deposit date. You’ll receive your bonus within 8 weeks after completing the qualifying activities. Moving forward, you can avoid the $25 monthly maintenance fee by either a) maintaining that $10,000 daily balance indefinitely, or b) maintaining a $5,000 daily balance and a recurring direct deposit into the account.































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hsbc

To earn the bonus, open your new Choice Checking account by December 28, 2018, and deposit at least $1,500 in new money in combined checking and savings accounts within 30 days. Then, maintain at least $1,500 in the combined accounts for 90 days from your deposit date. Once you clear that threshold, you should receive your bonus within 8 weeks. Moving forward, avoid the $15 monthly maintenance fee by maintaining at least $1,500 in combined personal and investment balances.































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hsbc

To earn the bonus, open your new Premier Checking account before December 28, 2018, and deposit at least $100,000 in new money in combined checking, savings, and eligible investment accounts within 30 calendar days. Then, maintain that balance across the accounts for 90 calendar days from the deposit date. Once you reach the 90-day threshold, expect to see your $750 bonus in your Premier Checking account within 8 weeks. Moving forward, avoid the $50 monthly maintenance fee by maintaining that same $100,000 balance across your combined personal and investment accounts.































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keybank logo

To earn the bonus, simply enter promo code “EDGT0718” on your account application or request a unique code via email. Once your account is open, make a single direct deposit of $500 or more within 60 days of the opening date. You should receive the bonus within 90 days.

This offer is only available in the following states and regions: AK, central NY state, Cincinnati (OH), Columbus (OH), Dayton (OH), Hudson Valley (NY), ID, central and northern IN, ME, MI, northern northwest OH, OR, Philadelphia (PA), UT, VT.































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bmo harris bank

You should receive your bonuses between 90 and 120 days of either account opening or meeting the requirements.































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Open a new Elements Financial High Interest Checking account to qualify for a $200 cash bonus. Just enter promo code CHECK200 on your application, set up a recurring monthly direct deposit of $500 or more within 60 days of account opening, and keep your account open for at least 6 months. Existing Elements Financial checking and Health Savings Account customers are not eligible for this promotion. This offer is advertised for Indiana state government employees in their families, but non-employees may qualify as well.

In addition to this promotion, you’ll also get one of the best checking yields around: 2.00% APY on balances up to $20,000 in any statement cycle during which you maintain a $100 minimum daily balance and make 15 qualifying transactions.































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wells fargo logo

You can avoid the Everyday Checking account’s $10 monthly maintenance fee by doing any of the following:

If you’ve earned any other Wells Fargo checking account bonus within the past 12 months, you’re not eligible for this offer.

tiaa direct

In addition to the $150 cash bonus, you’ll enjoy a first-year yield of 1.21% APY on all balances in your Yield Pledge Checking account up to $250,000. After the first year, the yield varies with prevailing interest rates. This offer isn’t available to current TIAA Bank customers, nor those who previously banked with EverBank, which merged with TIAA Bank in 2017.































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salem five logo

This promotion is available to customers nationwide, subject to a $10 minimum opening deposit in-branch and a $100 minimum opening deposit online. To avoid the $15 monthly maintenance fee, you can do one of the following: set up a qualifying payroll direct deposit, maintain a $1,500 minimum daily balance in the account, maintain a $5,000 minimum daily balance across combined deposit and loan balances, or set up autopay on a qualifying Salem Five mortgage loan.

Also of note: like depositors at all Massachusetts-chartered banks, Salem Five customers enjoy supplemental deposit insurance protection through the Massachusetts Deposit Insurance Fund (DIF), which covers balances above the $250,000 FDIC insurance limit. For more details about high-yield deposit accounts and special offers from Salem Five Direct, Salem Five’s online banking arm, check out our Salem Five Direct review.































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discover bank logo

This offer is not available to anyone who’s previously had a Discover savings account. Your account must be open on the date you receive the bonus (at least through February 11, 2019).































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discover bank logo

This offer can’t be combined with the $200 bonus offer and isn’t available to previous Discover savings account customers. Your account must be open through February 11, 2019, to receive the bonus.































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Open a FREE Checking or eChecking account with Unity Financial Credit Union and add at least one recurring monthly direct deposit of $500 or more within 90 days of opening your account. You’ll receive $100 cash by the end of the third statement cycle after your account opening date. This offer expires March 19, 2019.

Both accounts require a $25 minimum opening deposit, and applicants must be Unity Financial Credit Union members. Membership requirements vary by location, by any U.S. individual can become a Unity member when they join the Surfrider Foundation at no charge.































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bank of america

Once you complete the qualifying direct deposits, you’ll receive the bonus within 90 days. This offer is only available to new Bank of America checking customers who have not had a Bank of America personal checking account within the past 6 months. There is a $25 minimum deposit to open a Core Checking® account and a $100 minimum deposit to open an Interest Checking® account.































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us bank logo

You’ll also receive 1% cash back on grocery and gas transactions on your debit card (up to $50) during the first year of enrollment. The accounts must remain open for at least one year, and your bonus or cash back will be paid out after that date. There’s a $25 minimum opening deposit required for both accounts.































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Open a new checking account at Regions Bank, either online or at a branch. Then open a Regions LifeGreen Savings Account with an opening deposit of $50 or more. Then, set up a recurring monthly transfer of $10 or more from your Regions checking account to your LifeGreen Savings Account and complete at least 12 monthly transfers. Every year, you’ll receive a 1% savings bonus on your account anniversary date, based on your account’s average monthly balance for the preceding 12 months, up to the max savings bonus of $100. Your bonus should be deposited into your account on the business day following your anniversary date.































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charles schwab

Open a US Alliance Financial MyLife Checking account by December 31, 2018, using the promo code ‘HOLIDAYCHK18’. Then, set up a recurring monthly direct deposit totaling $250 or more within 30 days of your account opening date. You’ll receive a $100 cash bonus in your new account within 30 days of setting up your direct deposit. Current US Alliance accountholders are not eligible to receive this bonus.































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citizens bank logo

bank direct logo

There are other ways to earn miles as well, and some restrictions apply. Be sure to investigate the offer thoroughly for full program details. You can read our BankDirect review for more details about this and other offers, too.































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When choosing a bank, it’s important to find one that suits your needs – whether that’s favorable interest-bearing accounts, no fees, or online banking features. It’s also a big bonus when you can get great perks along with good banking. Be on the lookout for and take advantage of cash and giveaways, and your banking experience will be all the more pleasurable.

Which bank promotions will you be taking advantage of this month?

Editorial Disclosure: This content is not provided or commissioned by the bank advertiser. Opinions expressed here are author’s alone, not those of the bank advertiser, and have not been reviewed, approved or otherwise endorsed by the bank advertiser. This site may be compensated through the bank advertiser Affiliate Program.

UGC Disclosure: The comments below are not provided or commissioned by the bank advertiser. Comments have not been reviewed, approved, or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.

Updated: December 10, 2018
Categories: Banking, Money Management, Resources

Brian Martucci writes about frugal living, entrepreneurship, and innovative ideas. When he’s not interviewing small business owners or investigating time- and money-saving strategies for Money Crashers readers, he’s probably out exploring a new trail or sampling a novel cuisine. Find him on Twitter @Brian_Martucci.

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