11 Best Free Sign Up Bonus with Bank (Offers for 2023)

To attract new customers, many banks offer sign up bonuses. Because Competition between banks is relatively high, and cash back rewards are proving both scalable for banks and a much-needed windfall for customers.  

Consumers like you and me will eventually benefit from these sign up bonus with bank, which are basically free money and they usually yield around 4% a year. With one of these high-yield accounts, a $10,000 balance would earn about $400 in interest each year (the national average is just 0.42%.)

Best checking account Bonuses

I did research and found these top 11 Banks that give the highest sign-up bonuses. so let’s get started.

Citibank: up to $2,000 bonus

Citibank offers new checking account customers up to $2,000 if they deposit at least $500 within 20 days of opening their account.

If you deposit $10,000 or more in new funds into your Citibank checking account within 20 days of opening it and maintain that minimum balance for at least 90 days from the date of deposit, you’ll receive a $2,000 bonus.

If you deposit $5,000 or more in new funds into your Citibank checking account within 20 days of opening it and maintain that minimum balance for at least 90 days from the date of deposit, then you’ll receive a $1,000 bonus.

How to Claim a Sign-Up Bonus

To claim your Sign Up Bonus, follow these simple steps:

1. Open a new Citibank checking account and provide your name, address, email address, and telephone number.
2. Deposit $[amount] into that account within 30 days of opening it.
3. Maintain at least in your new Citibank account for 60 days after the date you opened it.

Fifth Third Bank: $375 bonus

The bank offers a $375 bonus to consumers who haven’t had a Fifth Third checking account for at least 12 months. To earn the bonus, new customers must open a new Fifth Third Checking Account, complete the required minimum monthly direct deposit of $1,000 or more within 60 days of account opening, and keep that balance for three consecutive months.

If you qualify, the $375 will be deposited into your new checking account within 45 days after completing all requirements.

Qualifying transactions include:

• Direct deposit
• Debit card purchases or payments
• Online bill payment
• Mobile check deposit (under $3,000)

How to Claim a Sign Up Bonus

To claim a sign-up bonus, you’ll need to open a new account and meet the requirements within the time limit.

• Open an eligible checking account within 30 days of the account opening date with a minimum opening deposit of $50.
• Deposit at least $500 in new money into your new checking account within 30 days of the account opening date.
• Make a total of 10 or more debit card purchases with Fifth Third Bank between the two month anniversary of your account opening date and the end of the following statement cycle (not including ATM withdrawals).

BMO Harris: up to $500 bonus

The BMO Harris, personal banking portfolio, includes checking and savings accounts, money market certificates, and mortgages. The bank has no minimum balance requirements or restrictions on transactions, and the report can be opened online or in a branch.

But its APY is low—and it’s easy to find higher yields at other banks that don’t have physical locations. The BMO Harris Savings Builder account has no monthly maintenance fee and will give you a $5 reward every month in the first year that you save $200 or more.

How to Claim a Sign Up Bonus

You can claim your sign-up bonus by following these steps:

1. Open a new eligible checking account online or at a branch by [date].
2. Make a direct deposit within 60 days of opening your account.
3. After opening your checking account, post and settle at least 10 debit card purchases.

Read complete guide and steps regarding BMO Harris by clicking here.

SoFi: up to $300

If you’re new to SoFi Bank, we want to make your transition as smooth as possible. That’s why we’re offering a bonus of up to $300!

You can receive up to $300 based on the total amount of direct deposits you make during our 30-day evaluation period when you open a Checking and Savings account. You’ll need a direct deposit to qualify for this offer.

How to Claim a Sign Up Bonus

You can claim your sign up bonus by following these steps:

1. Open the SoFi app on your phone and log in.
2. Tap “My Account.”
3. Click on “Rewards” from the menu on the left.
4. Tap “Rewards Summary.”
5. Tap the button labeled “Claim SoFi Sign-up Bonus.”
6. You can submit your request after completing all the required fields.

TD Bank: up to $300

You can earn $200 in cash rewards when you have $2,500 in qualifying direct deposits within 60 days of opening a new TD Bank savings account. That’s up to $300 in cash rewards! Make $300 in qualifying direct deposits within 60 days of opening your new savings account if you already have a TD checking account.

How to Claim a Sign-Up Bonus

Claiming your Sign Up Bonus is easy—just follow these steps:

1. Log into your TD Bank account.
2. Click on “Profile & Settings” at the top of the page
3. Select “Checking Account” from the menu on the left-hand side of the page
4. Click on “Sign Up Bonus” in the middle of the page, then fill out all required fields and submit!

M&T Bank: up to $200 bonus

M&T Bank is offering a limited-time promotion for new checking accounts. Open any personal checking account between September 1 and December 31, and you’ll get up to $200!

How to Claim a Sign Up Bonus

1. You can download the app from the App Store or Google Play.
2. Get the “M&T Mobile Banking” app.
3. Enter your User ID and Password

Chase Bank: $200 bonus; $100 bonus for college students

We’ve got an excellent offer for you today. If you open a new Total Checking account and have a direct deposit, you’ll get $200. But if you’re under 25 years old and a college student, we’ll give you $100.

It’s elementary to earn this bonus: just open an account online and have your employer, government benefits administrator or other outside agency make an electronic deposit of at least $500 within 60 days of opening your account.

How to Claim a Sign Up Bonus

Claiming a sign up bonus is easy.Just follow these steps:

1. Sign up for a Chase bank account, if you haven’t already
2. Verify your identity and provide some basic personal information
3. Add your new Chase credit card to the account (once you’ve been approved)

Huntington National Bank: up to $300 bonus

We’ve got just the thing if you’re looking for a new checking account. We’re excited to be offering up to $300 in bonus cash!

To earn your bonus, open a Perks Checking account and make a cumulative deposit of at least $1,000 within 60 days of the account opening.

And To earn the full $300 bonus, open a Platinum Perks Checking account and make at least $25,000 in cumulative deposits within 60 days of the account opening.

How to Claim a Sign Up Bonus

Huntington National Bank offers a sign-up bonus that can be as large as $300! 

To claim your bonus, you must:

1. Open a new checking account with Huntington and receive a direct deposit of at least $250 within 45 days of opening the account.
2. Make 10 purchases with your Huntington debit card within 45 days of opening the account.
3. Receive unlimited ATM fee refunds at any ATM when using your Huntington debit card for those 10 purchases within 45 days of opening the account.

Bank of America: $100 bonus

Open a new Bank of America Advantage Banking personal checking account online, using offer code CBE100. Then, set up and receive qualifying direct deposits totaling $1,000 or more into the account within 90 days of account opening to receive a $100 bonus.

How to Claim a Sign Up Bonus

1. Open a new open checking account through a promotional offer or by using a Bank of America offer code. This is an online offer only.
2. Meet the promotion’s qualifying conditions. Personal checking accounts generally require a minimum ongoing direct deposit.
3. Receive your bonus, usually 60 days after you meet the qualifying requirements.

Best savings account bonuses

TD Bank: $200 bonus

Earn $200 when you deposit $10,000 or more in new money within 20 days, then maintain a balance of at least $10,000 for 90 days from the date the deposit requirement is initially met.

• You will not be charged a fee if you maintain a daily balance of at least $10,000.
• With TD Beyond Checking, you can link your savings account for free.
• Or $15.

How to Claim a Sign Up Bonus

TD Bank has a $200 bonus offer available for new checking account customers. Here’s how to claim your bonus:

1. Open your new TD Bank Checking Account online or in-branch by December 31, 2022.
2. Deposit $500 or more within 30 days of account opening.
3. Make 10 debit card purchases within 60 days of account opening.
4. Maintain an average minimum daily balance of $5,000 for 90 days from the date you open your account (see below for details).

Alliant Credit Union: $100 after a year

Your Ultimate Opportunity Savings Account must have a minimum deposit of $100 a month for 12 consecutive months. Besides earning the current interest rate of 1.70% APY3, you’ll also receive a $100 bonus after 12 consecutive months!

How to Claim a Sign Up Bonus

It’s easy to claim your Alliant Credit Union sign up bonus.

1. Open an account with Alliant Credit Union. You can open a checking account and get $100 after a year.
2. Make 10 debit card purchases in the first 90 days of opening your account.
3. Earn your bonus in the following statement cycle after achieving the above requirements.

Conclusion

we believe you have found the information to claim the sign up bonus with bank and referral bonus and get the best sign-up bonus offer. sign up bonus with bank does all the heavy lifting and save for you and allows you to invest in different assets that you need to diversify your bank.

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