Did you know that some banks will pay you cash just to open an account with them? That’s right—bank account bonuses are one of the easiest, no-risk ways to earn extra money. Whether you’re switching banks or opening your first account, you could score a quick $100, $200, or even more.
What Are Bank Account Bonuses?
Bank account bonuses are promotional offers banks use to attract new customers. When you meet certain requirements—like opening a new checking or savings account and setting up direct deposit—you can get a cash bonus deposited straight into your account.
Quick Tip: Always read the fine print. Some banks have minimum deposit or balance requirements you need to meet to qualify.
Top Bank Bonus Offers Right Now (May 2025)
Here are some of the best bank account bonuses currently available in the U.S.:
1. Chase Total Checking® – Up to $300 Bonus
- Bonus: $300 for new customers
- Requirements: Open an account and set up direct deposit within 90 days
- Monthly Fee: $12 (waived with qualifying activity)
2. SoFi Checking and Savings – $250 Bonus
- Bonus: Up to $250 with qualifying direct deposits
- No monthly fees, no minimum balance
- Extra perks: Up to 4.60% APY on savings
3. Wells Fargo Everyday Checking – $325 Bonus
- Requirements: $1,000 in direct deposits within 90 days
- Must be a new Wells Fargo customer
- Monthly Fee: $10 (can be waived)
How to Choose the Right Bonus for You
When looking for the best bank account bonus:
- Check minimum deposit and direct deposit requirements
- Watch out for monthly maintenance fees
- Make sure the account fits your daily banking needs
Final Thoughts
Signing up for a bank account bonus is a smart, low-effort way to make extra cash. Just be sure to follow the terms closely and track any activity required to get the bonus. Whether you’re saving for a goal or just want free money, these bonuses can give your finances a quick boost.
