29 Best New Bank Account Promotions & Offers – Dec 2018

29 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.

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

Top Bank Account Promotions (December 2018)

1. TD Bank Premier CheckingSM – $300 Cash Bonus

td bankApply online for a new TD Bank Premier account and you’ll get a $300 cash bonus once you receive direct deposits of more than $2,500 within 60 days. To qualify for this offer, you must be a U.S. resident and apply for the offer online. The Premier checking account typically includes a $25 monthly maintenance fee, but it’s waived if you keep a daily balance of at least $2,500.

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.

2. TD Bank Convenience CheckingSM – $150 Cash Bonus

td bankAs an alternative to the TD Bank Premier Checking offer above, you can apply online for a new TD Bank Convenience account, which has a much lower minimum balance requirement. You’ll get a $150 cash bonus once you receive direct deposits of more than $500 within 60 days. To qualify for this offer, you must be a U.S. resident and apply for the offer online. The Premier checking account typically includes a $15 monthly maintenance fee, but it’s waived if you keep a daily balance of at least $100.

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.

3. CIT Bank Premier High Yield Savings Account – 1.55% APY

cit bank logoAlthough the CIT Bank Premier High Yield Savings Account doesn’t currently offer a sign-up bonus, it gets top marks because of its leading 1.55% interest rate, which is 25 times the national average and by far the highest on this list. There is a $100 minimum opening deposit (must be funded within 30 days of opening) and no fees to open or maintain the account. The bank is FDIC insured and offers daily compounding.

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.

4. Chase College Checking – $100 Bonus

chase bank logoThere’s a separate checking account offer just for college students. Open a new Chase College Checking account within an initial deposit of at least $25, enroll in paperless statements, and then complete at least 10 qualifying transactions within 60 days of opening the account. You’ll then be eligible to earn the $100 bonus within 10 business days.

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.

5. Capital One 360 – Up to $150 Cash Bonus

capital one 360This offer is made up of 3 components, which you can perform separately or as a combination.

  • Open a new Capital One 360 Checking account with at least $250 and make at least  3 debit card purchases or Person2Person payments (can be any combination of the two) within 45 days of account opening. Your $25 bonus will then be deposited into your account on day 50.
  • Open a new Capital One 360 Money Market account . If you deposit $250 to $9,999.99, you’ll get a $25 bonus. If you deposit $10,000 or more, you’ll get a $100 bonus, which will automatically be deposited into your account.
  • Open a new Capital One 360 Saving account with an initial deposit of at least $250. Your $25 bonus will then automatically be deposited into your account.

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.

6. PNC Bank – $300 Cash Bonus

pnc bank logoOpen a new PNC Bank Virtual Wallet account before December 31, 2018. Then set up a qualifying direct deposit and complete 10 or more debit card purchases. The bonus should be paid within 90 days of meeting the requirements.

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.

7. Capital One 360 Money Market – Up to $500 Cash Bonus

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.

8. Suntrust Bank –  Up to $300 Cash Bonus

suntrustThere are several different checking account bonus opportunities with Suntrust Bank. Open a new Suntrust Select Checking account and meet the requirements to receive $150. Open a new Signature Advantage Account and meet the requirements to receive $300. The requirements are: Deposit $100 or more within 14 days of opening the account and complete $1,000 (for Select Checking) or $2,000 (for Signature Advantage) in qualifying direct deposits within 60 days of account opening. You must also make 10 or more debit card purchases within the same time frame. Use promo code Q417CHKNG123OL. This offer expires January 2, 2018.

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

9. Discover Cashback Checking – Up to $360 Annual Cash Back

discover bank logoWhen you open a new Cashback Checking account and spend with your debit card, you can earn as much as $360 each year. Just open and fund the account in any amount, then use your debit card to make everyday purchases. You earn 1% cash back on up to $3,000 in qualifying purchases per month, or up to $36,000 in qualifying purchases per year. Cash-like payments, such as ATM withdrawals and P2P payments, do not qualify for cash back……Read more>>

 

Source:- moneycrashers

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