Best Checking Account Bonuses Of January 2024

The U.S Bank offer mentioned below is no longer available.

To attract new customers, many banks will often offer a sign-up bonus when opening a new account. For checking accounts specifically, these bonuses can be at least $100.

Qualification is usually easy, with new account holders tending to just need to set up a direct deposit and transfer cash within a certain amount of days, like 30 to 90 days from account opening, to earn the bonus. Sometimes, there’s a minimum deposit you have to make to earn the bonus.

CNBC Select analyzed and compared dozens of consumer checking accounts offered by online, brick-and-mortar banks and credit unions that offer sign-up bonuses for new account holders. To rank the best checking account bonuses, we focused on the following criteria: reasonable bonus requirements, available nationwide, physical branch locations, online and mobile accessibility, large ATM network and NCUA- or FDIC-insured up to $250,000. The accounts on our list had to meet all of these requirements to be considered one of the best. (See our methodology below for more information on how we created this list.)

Bonus: $100

Expiration: January 24, 2024

How to earn the bonus: Complete 10 qualifying transactions within 60 days of coupon enrollment. Qualifying transactions include:

• Debit card purchases
• Online bill payments
• Chase QuickDeposit℠
• Zelle®
• ACH credits

Bonus: $200

Expiration: January 24, 2024

How to earn the bonus: Set up direct deposit within 90 days of coupon enrollment.

Bonus: $200 to $2,000

Expiration: January 9, 2024

How to earn the bonus:

• Earn $200 when you deposit $10,000
• Earn $500 when you deposit $30,000
• Earn $1,000 when you deposit $75,000
• Earn $1,500 when you deposit $200,000
• Earn $2,000 when you deposit $300,000

Deposit qualifying funds within 20 days of account opening and maintain your balance for an additional 60 days starting on the 21^st day.

Bonus: $100 to $400

Expiration: January 1, 2024

How to earn the bonus:

• Earn $100 when you open and use a new Virtual Wallet (minimum $500 direct deposit)
• Earn $200 when you open and use a new Virtual Wallet with Performance Spend (minimum $2,000 direct deposit)
• Earn $400 when you open and use a new Virtual Wallet with Performance Select (minimum $5,000 direct deposit)

Bonus: Up to $500

Expiration: October 31, 2023

How to earn the bonus: Enroll in the U.S. Bank Mobile App or online banking and complete two or more direct deposits totaling $5,000 to $9,999.99 to earn $300 or $10,000 or more to earn $500, all within 90 days of opening the account.

Bonus: $300

Expiration: January 9, 2024

How to earn the bonus: Open a new Everyday Checking account with a minimum opening deposit of $25 and receive a total of $1,000 or more in qualifying direct deposits to your new checking account within 90 calendar days of account opening (the qualification period).

Virtually everyone has a checking account, but it might be worth switching yours to easily score some extra cash. These checking accounts offering welcome bonuses up to $400 are a good place to start.

At CNBC Select, our mission is to provide our readers with high-quality service journalism and comprehensive consumer advice so they can make informed decisions with their money. Every checking account review is based on rigorous reporting by our team of expert writers and editors with extensive knowledge of banking products. While CNBC Select earns a commission from affiliate partners on many offers and links, we create all our content without input from our commercial team or any outside third parties, and we pride ourselves on our journalistic standards and ethics. See our methodology for more information on how we choose the best checking accounts.

To determine which consumer checking accounts provide the best place to deposit your money and earn a bonus, CNBC Select analyzed dozens of U.S. checking accounts offered by the largest national banks and credit unions. We narrowed down our ranking by only considering consumer checking accounts that have bonuses available to new applicants and that come from brick-and-mortar banks with broad availability, offering access to at least 700 physical branches and over 4,000 fee-free ATMs in the U.S.

While the accounts we chose in this article all have bonus offers, we also compared each checking account on a range of features, including:

• Reasonable bonus requirements
• Available nationwide
• Physical branch locations and/or online accessibility
• Large ATM network
• NCUA- or FDIC-insured up to $250,000

All of the accounts included on this list are NCUA or FDIC-insured up to $250,000. This insurance protects and reimburses you up to your balance and the legal limit in the event your bank or credit union fails.

Product and feature availability vary by market so these accounts may not be offered depending on where you live. Most brick-and-mortar banks require you to enter your zip code online for the correct account offerings. The rates and fee structures for checking accounts are subject to change without notice. Any return on your checking depends on any associated fees and the balance you have in your checking account. To open a checking account, some banks and institutions may require a deposit of new money, meaning you can’t transfer money you already had in an account at that bank.

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