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There is an overwhelming number of choices when looking for a new bank account, especially with the numerous bank closures recently. Your deciding factor should be security, but also which bank has the best bonus offer. Here are some of the best bank bonuses to consider first to earn more rewards.

bank best sign-up bonus
Credit: Johnny Jet

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Banks With The Bonus Offers

There are several banks that have the best sign-up bonuses. We have included several options to help you find the bank bonus that works for you. If you’re looking for other ways to be smart with your money check out our best investment newsletters available.

CIT Bank Account Offers

You may not have heard of CIT Bank before, but its history dates back to 1908. As an online-only bank, CIT Bank operates from its corporate headquarters in Pasadena, California, and CIT is legit and trustworthy. They provide personal checking and savings accounts, along with home loans. For business owners, CIT Bank offers small business and commercial banking solutions as well.

This bank has the best sign-up bonus offer for their CIT Bank Platinum Savings account.

The CIT bank products currently available from CIT Bank include:

These accounts are exclusively online, but depositing cash is simple through online transfers or mobile deposits. The checking and savings accounts require only a $100 initial deposit. Most new CIT Bank Certificates of Deposits (CD) necessitate a minimum of $1,000. The first $250,000 in your CIT Bank account is insured by the FDIC.

Chase Bank Sign-Up Offers

So, which bank has the best sign-up bonus offer? Chase is a favorite for many as they offer many bank and credit card signup bonuses and up to $600 on their personal checking accounts. Here are some of Chase’s best bank account bonus offers.

There’s currently an up to $3,000 welcome bonus (earned after completing the qualifying activities required) for new Chase Private Client customers. The offer expires on 10/18/2023. More on that is below.

$3,000 bonus! offer: Chase Private Client 

Chase Business Complete Banking®

We’ve looked at Chase Bank’s best signup bonus options on their credit cards. Now, here are some of their banking options. If you need a new business checking account, consider a Chase Business Complete Banking℠ account.

Earn $300 when you open a new Chase Business Complete Banking® account. For new Chase business checking customers with qualifying activities. The offer expires on 10/19/2023.

You’ll also get access to more than 16,000 ATMs and more than 4,700 Chase branches. There are also account alerts to help you stay on top of your account activity. You’ll also have access to Chase business specialists at your local Chase branch.

There are also multiple ways to waive the Monthly Service Fee, including maintaining a minimum daily balance or purchases on your Chase Ink® Business credit card, some of the best Chase business credit cards available.

Additionally, Chase business account holders have access to built-in card acceptance which means card payments can be accepted anytime, anywhere in the U.S., and get transparent pricing with Chase QuickAccept. QuickAccept allows for convenient access to payment processing as card payments are accepted virtually anytime, anywhere in the U.S. It also allows for same-day deposits at no additional cost.

Unlimited electronic deposits are at no charge as well as ACH and Chase QuickDeposit℠. This is one of the best Chase business checking accounts.

Chase Total Checking

Another option is the Chase Total Checking® account. The benefits of a Chase Total Checking account include convenience as you’ll have access to more than 15,000 Chase ATMs and more than 4,700 branches. Additionally, account holders have access to the Chase Mobile app allows users to manage their accounts, deposit checks, transfer money, and more at their convenience from their devices.

However, there is a non-Chase ATM fee ($3.00 for inquiries, transfers, and withdrawals while using a non-Chase ATM in the US, Puerto Rico, and US Virgin Islands. Fees from the ATM owner/network still apply. $5 per withdrawal and $3.00 for any transfers or inquiries at ATMs outside the U.S., Puerto Rico, and the U.S. Virgin Islands. Fees from the ATM owner/network still apply).

There is no minimum balance needed to open the account. However, there is a $12 monthly service fee. But, it can be $0 with one of the following, each monthly statement period:

  • Electronic deposits in this account totaling $500 or more OR
  • A balance at the beginning of each day of $1,500 or more in this account OR
  • An average beginning day balance of $5,000 or more in any combination of this account and linked qualifying Chase checking, savings, and other balances

Chase Total Checking Bonus

New Chase Total Checking® customers enjoy a $200 bonus when they Open an Account and set up a direct deposit. This offer expires on 10/18/2023.

With Chase Overdraft Assist℠, Chase won’t charge an Overdraft Fee if you’re overdrawn by $50 or less at the end of the business day OR if you’re overdrawn by more than $50 and you bring your account balance to overdrawn by $50 or less at the end of the next business day (you have until 11 PM ET (8 PM PT) to make a deposit or transfer). Chase Overdraft Assist does not require enrollment and comes with eligible Chase checking accounts.

This account is available online nationwide except in Alaska, Hawaii, and Puerto Rico. For branch locations, visit

JPMorgan Chase Bank, N.A. Member FDIC.

Chase Secure Banking

If you’re looking for a banking option, the Chase Secure Banking℠ option may be right for you. Benefits include:

  • Access to more than 15,000 Chase ATMs and more than 4,700 Chase branches
  • Access to the Chase Mobile® app and Chase Online
  • Account alerts to monitor balances and more
  • Zero Liability Protection that eases worries about unauthorized card transactions (when reported promptly)

There is no minimum deposit required to open an account. Pay bills, cash checks, and send money with Zelle®.

However, there is a non-Chase ATM fee ($3.00 for inquiries, transfers, and withdrawals while using a non-Chase ATM in the US, Puerto Rico, and US Virgin Islands. Fees from the ATM owner/network still apply. $5 per withdrawal and $3.00 for any transfers or inquiries at ATMs outside the U.S., Puerto Rico, and the U.S. Virgin Islands. Fees from the ATM owner/network still apply).

There is a $4.95 monthly service fee. However, Secure Banking customers reported that they save an average of $50 a month on fees after opening their accounts.

Account holders won’t have to worry about overdraft fees with a Chase debit card that helps them stay within their balance.

Chase Secure Banking Bonus

New Chase checking customers can enjoy $100 when opening a Chase Secure Banking℠ account with qualifying transactions. Open an account online or at any Chase branch. This offer expires on 10/18/2023.

Open an account online or in person at any Chase branch. JPMorgan Chase Bank, N.A. Member FDIC.

Axos Checking Account Bonuses

Another bank that has the best sign-up bonus offer is Axos. You can earn a $300 welcome bonus with Axos Bank Rewards Checking in a few minutes. Use promo code SUNNYBONUS when applying for an Axos Bank Rewards Checking account by 12/31/2023. Then have qualifying direct deposit(s) to earn up to a $300 bonus!

To begin as a new customer, click the “Get Started” button on the Reward Checking product page. You’ll be asked if you’d like to simultaneously open a fee-free high-yield savings account.

Though optional, having a second account can be helpful for separating your savings and spending funds.

Once you’ve decided on the secondary account, Axos will inquire if you’re a new customer, an existing customer, or a returning applicant.

Link an existing bank account to make an initial $50 deposit. You’ll also receive banking details to share with your employer or benefits provider to route direct deposits to your Axos checking account, making you eligible for the signup bonus and monthly interest earnings.

Rewards checking accounts are relatively rare, as most banks offer these accounts for depositing paychecks and paying monthly bills without withdrawal limits. An Axos Bank Rewards Checking account is worth considering if you receive at least $1,500 in monthly direct deposits, as it allows you to earn interest on your balance without incurring frustrating bank fees.

Quontic Bank Account

Quontic Bank currently provides three distinct savings account types, each offering competitive interest rates and no monthly service fees. Here are this bank’s best sign-up bonus offers.

High Yield Savings

The Quontic Bank High Yield Savings Account requires a $100 initial deposit and currently yields a 4.50% APY on the entire account balance.

As with all online-only high-yield savings products, you’re limited to six withdrawals per month. This account is ideal for funds you don’t need for monthly bills and can set aside to earn an interest rate 11 times higher than the national average.

Money Market Account

A Quontic Bank Money Market Account also offers a competitive interest rate while granting easier access to your funds through an optional debit card. This account currently yields a 5.00% APY and requires a $100 minimum initial deposit.

Although using a debit card makes it simpler to pay expenses, you’re still limited to six monthly withdrawals.

Bank CDs

Quontic Bank Certificate of Deposits potentially earn more interest than savings or money market accounts if you can commit a portion of your savings for a fixed term. The minimum deposit per CD is $500, and various terms are available:

  • 6 months: 5.05%
  • 1 year: 5.30%
  • 2 years: 4.50%
  • 3 years: 4.40%
  • 4 years: 4.30%

These competitive CD rates can help you accumulate more interest while saving for short-term and long-term goals.

Summary Of Banks with The Best Sign-Up Bonuses

Bank and credit card signup or welcome bonuses help you get more value from your new accounts. Once you find the bank option with the best signup bonus offer you can earn, you can apply and put your money to work. You might also develop a longstanding bank relationship that can yield bigger rewards in the future.


Do banks give you money for opening an account?

It’s possible to earn a signup bonus for opening new checking and savings accounts. However, the promotions vary by bank and certain conditions apply. For example, you may have to enroll in direct deposit, maintain a minimum balance for several months, and complete a number of debit card purchases.

National banks like Chase, Citi, and Bank of America are more likely to offer signup bonuses. Online-only banks are unlikely to offer bonuses but can offer more perks and higher interest rates, such as CIT Bank.

Are bank bonuses worth it?

Bank bonuses can be worth it have you have enough spare cash and can use the account enough to justify any monthly service fees. For instance, you may not pursue the bonus if you cannot waive the monthly service fee that erodes even the best signup bonus.

It’s possible to close the account after earning the bonus, but you will need to take the time to close your account and transfer your assets. Note that if you close an account too soon, you may not be able to keep the bonus. Always check the terms and conditions before making a decision.

Credit card signup bonuses can be better as the spending requirements can be lower than the bank account deposit requirements. Also, credit card bonuses are non-taxable and bank account bonuses are taxable income.

What is the easiest bank to open a checking account?

Chime Bank can be the easiest bank to open a checking account with. One reason why is that Chime doesn’t check your personal banking history when you apply for an account.

Also, their Spending Account (i.e., checking account) has no monthly service fees or overdraft fees. It’s online-only so you can apply from anywhere in the United States. You get a free Visa debit card for purchases and access to over 50,000 fee-free ATMs.

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