14 Best Bank Bonuses and Promotions of December 2023

If you’re looking for a combination checking-and-savings account, this bonus is a standout. It offers a few different tiers to earn a cash bonus of up to $300 (the bonus amount differs based on the amount you direct deposit).

What you'll get: $50 or $300.

Expiration: 06/30/2024.

How to get it: Open a new SoFi Checking and Savings account (or be an existing SoFi customer who hasn’t made direct deposits before) on the offer page. Make at least one direct deposit in any amount before the promotion expiration date. Deposit $1,000 to $4,999.99 to earn a $50 bonus or deposit $5,000 or more to earn a $300 bonus.

Where to open: Online.

Who can qualify: Customers who open a new SoFi Checking and Savings account, or existing SoFi customers who haven’t previously made direct deposits.

When you’ll get it: Within seven business days after the 25-day evaluation period following the receipt of the first qualifying direct deposit.

This bonus offer allows you to earn a cash bonus with your choice of either a new combination checking-and-savings account or a new checking account only.

What you'll get: $200.

Expiration: 01/02/2024.

How to get it: Open a new Virtual Wallet Checking Pro with a checking account only, or with both checking and savings on the offer page and receive a total of at least $2,000 in qualifying direct deposits within 60 days of opening the account.

Where to open: Online.

Who can qualify: Anyone who does not currently have a PNC checking account, has not closed an account within the last 90 days or received a PNC promotional payment within the last 24 months. Availability varies by location; you can check your eligibility on the website.

When you'll get it: The bonus will be credited to your account, which must be open, within 60-90 days after you’ve met the requirements.

This bonus stands out for rewarding you if you set up a direct deposit as low as $500. Tiered bonuses are also available, so the more you deposit, the more you can earn — up to $400.

What you'll get: $100, $200 or $400.

Expiration: 01/02/2024.

How to get it: Open a Virtual Wallet, Virtual Wallet with Performance Spend or Virtual Wallet with Performance Select account on the offer page and receive a total of at least $500, $2,000 or $5,000 in qualifying direct deposits, respectively, within 60 days of opening the account. Opening a Virtual Wallet account and meeting the criteria will earn you $100; opening a Virtual Wallet with Performance Spend account and meeting the criteria will earn you $200; opening a Virtual Wallet with Performance Select account and meeting the criteria will earn you $400.

Where to open: Online.

Who can qualify: Anyone who does not currently have a PNC checking account, has not closed a PNC account within the last 90 days or received a PNC promotional payment within the last 24 months. Availability may vary by your location; you can check your eligibility on the website.

When you'll get it: The bonus will be credited to your account, which must be open, within 60-90 days after you’ve met the requirements.

Get a cash bonus for opening one of the best online savings accounts available. Choose the deposit amount that works for you and earn up to $200.

What you'll get: $150 or $200.

Expiration: 12/14/2023.

How to get it: Open your first Online Savings Account and use offer code NW923 when applying. Earn a $150 bonus by depositing at least $15,000 or earn a $200 bonus by depositing at least $25,000. Make your deposit within 30 days of account open date. Your account must be open to receive the bonus.

Where to open: Online, by phone or in the Discover app.

Who can qualify: Customers who are opening their first Discover Online Savings Accounts. People who have a savings account or previously had a savings account, including co-branded or affinity accounts provided by Discover, are not eligible.

When you’ll get it: The bonus will be credited to your account within 60 days of meeting the requirements.

Monthly fee: $0.

Details on bonus from Discover: "To get your $150 or $200 Bonus: What to do: Apply for your first Discover Online Savings Account, online, in the Discover App or by phone. Enter Offer Code NW923 when applying. Deposit into your account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Deposit must be posted to account within 30 days of account open date. Maximum bonus eligibility is $200.

This bonus rewards you for building a savings habit; the savings account offers a strong interest rate and the credit union is easy to join.

What you'll get: $100.

Expiration: 12/31/2023.

How to get it: Open a new The Ultimate Opportunity Savings account online at the promotional page, or by phone at 800-328-1935 and mention Suze Orman’s The Ultimate Opportunity Savings Account promotion. Then transfer or deposit the first $100 within 30 days, make transfers or deposits totaling at least $100 or more each month for the next 11 consecutive months, and keep an average daily balance of at least $100. To receive the bonus, at the end of the 12-month period your account must be open with a balance of at least $1,200.

Where to open: Online or by phone.

Who can qualify: New Alliant Credit Union members only. People who have closed an Alliant savings account within 180 days, existing members and joint owners on Alliant savings accounts are not eligible.

When you’ll get it: The bonus will be credited to your account within four weeks of meeting the requirements.

Earn a competitive APY with one of the best checking accounts available, plus get a cash bonus for opening a new account and meeting a minimum direct deposit requirement.

What you’ll get: Up to $300.

Expiration: 12/31/2023.

How to get it: Apply for a new Axos Rewards Checking account online at the offer page and use the promo code AXOS300. Fund the account within 30 days of opening, make direct deposits totaling at least $5,000 each calendar month for the first seven months from account opening, and have and maintain an average daily balance of at least $7,000 for the month you open your account and for the first seven months. Within the first seven statement cycles you’ll earn $50 each month (up to six times) by meeting the requirements. Keep the account open for at least 210 days to avoid an early closure fee.

Where to open: Online.

Who can qualify: This offer is valid for one new account per year only.

When you'll get it: The bonus will be deposited into the new checking account within 10 business days after the end of the statement cycle.

The Total Checking bank bonus is one of the best available. You can earn it by meeting a minimum direct deposit requirement within 90 days.

What you'll get: $200.

Expiration: 01/24/2024.

How to get it: Open a Chase Total Checking® account online or in person using a coupon emailed to you through the promotional page. You must make at least $500 in direct deposits into the account within 90 days of opening the account.

Where to open: The account can be opened online or at a Chase branch (find a location near you).

Who can qualify: New Chase checking customers. You must not have had a Chase checking account within the last 90 days or had one closed with a negative balance within the last three years. In addition, you may receive only one new checking account opening bonus every two years from the last enrollment date, and you’re limited to one bonus per account.

When you’ll get it: The bonus will be deposited into your account within 15 days after your first direct deposit.

Monthly fee: Can be waived; see bank site for details.

Unlike most bank bonus offers on this list, the Chase Secure Banking bonus doesn’t require direct deposit.

What you'll get: $100.

Expiration: 01/24/2024.

How to get it: Open a Chase Secure Banking℠ account online or in person using a coupon emailed to you through the promotional page. You must complete 10 qualifying transactions within 60 days of opening the account.

Where to open: The account can be opened online or at a Chase branch (find a location near you).

Who can qualify: New Chase checking customers. You must not have had a Chase checking account within the last 90 days or had one closed with a negative balance in the last three years. In addition, you may receive only one new checking account opening bonus every two years from the last enrollment date, and you’re limited to one bonus per account.

When you’ll get it: The bonus will be deposited into your account within 15 days after the 10 qualifying transactions have posted.

If you’re looking for a premium bank account that requires a high minimum balance across eligible linked accounts, this offer could be right for you. You can earn cash by depositing an amount that works for you; tiered bonuses range from $200 to $2,000.

What you'll get: $200, $500, $1,000, $1,500 or $2,000.

Expiration: 01/09/2024.

How to get it: Open a Citi checking account and deposit at least $10,000 within 20 days and maintain that daily balance (either in the new checking account only, or across a new checking account and new savings account) for 60 more days. Deposit from $10,000 to $29,999 to earn $200, from $30,000 to $74,999 to earn $500, from $75,000 to $199,999 to earn $1,000, from $200,000 to $299,999 to earn $1,500, or $300,000 or more to earn $2,000. Your balance on the 20th day will determine your bonus earning. Funds must be new to Citibank®. Your account must be open and in good standing to receive the bonus.

Where to open: Online.

Who can qualify: You must not have had a checking account with Citibank for the last 180 days to take advantage of the offer.

This is a premium checking account that has a lower minimum balance requirement than other premium accounts at this bank. You can earn cash by depositing an amount that works for you; tiered bonuses range from $200 to $2,000.

What you'll get: $200, $500, $1,000, $1,500 or $2,000.

Expiration: 01/09/2024.

How to get it: Open a Citi checking account and deposit at least $10,000 within 20 days and maintain that daily balance (either in the new checking account only, or across a new checking account and new savings account) for 60 more days. Deposit from $10,000 to $29,999 to earn $200, from $30,000 to $74,999 to earn $500, from $75,000 to $199,999 to earn $1,000, from $200,000 to $299,999 to earn $1,500, or $300,000 or more to earn $2,000. Your balance on the 20th day will determine your bonus earning. Funds must be new to Citibank®. Your account must be open and in good standing to receive the bonus.

Where to open: Online.

Who can qualify: You must not have had a checking account with Citibank for the last 180 days to take advantage of the offer.

When you’ll get it: You’ll receive the bonus within 30 days of meeting the requirements.

This bonus offer is unique as it rewards you for opening (and direct depositing into) your choice of checking account at one of the largest banks in the U.S. You can choose to try and earn this bonus with one of three different accounts.

What you'll get: $200.

Expiration: 01/31/2024.

How to get it: Open a Bank of America Advantage Banking account through the Bank of America promotional page. Use the code TWT200CIS when enrolling. Deposit $25 to open a SafeBalance Banking® account or $100 to open an Advantage Plus Banking or Advantage Relationship Banking account. Receive qualifying direct deposits totaling at least $2,000 within 90 days of opening the account. Your account must be open and in good standing to receive the bonus. Additional terms and conditions apply. See offer page for more details.

Where to open: Online.

Who can qualify: This is an online-only offer for new checking customers only. Bank of America says: “You are not eligible for this offer if you were an owner or co-owner of a Bank of America personal checking account within the last twelve (12) months.”

When you’ll get it: Bank of America says: “Bank of America will attempt to pay bonus within 60 days."

This bonus offer is a good option if you want a checking account at one of the largest banks in the U.S.

What you'll get: $300.

Expiration: 01/09/2024.

How to get it: Open a new Wells Fargo Everyday Checking account through the promotional page or in a branch with a bonus offer code emailed to you from that page. (The minimum deposit to open is $25.) Then receive at least $1,000 in qualifying direct deposits into the account within 90 days of opening it. Throughout this time, your account must remain open with a balance greater than $0.

Where to open: Online or in a branch.

Who can qualify: You must not currently have a Wells Fargo consumer checking account or have received a bonus for opening one within the last 12 months or you are a Wells Fargo employee.

When you'll get it: You'll receive your bonus within 30 days of completing the 90-day qualification period.

This offer provides the chance to earn free cash with a lower minimum direct deposit than other offers require.

What you'll get: $200 or $300.

Expiration: 12/31/2023.

How to get it: Open a new TD Convenience Checking or TD Beyond Checking account online at the promotional page. Receive qualifying direct deposits within 60 days of opening the account, and keep the account open for at least six months. Cumulative direct deposits of at least $500 into the TD Convenience Checking account will earn $200. Cumulative direct deposits of at least $2,500 into the TD Beyond Checking account will earn $300.

Where to open: Online.

Who can qualify: This checking offer is for new customers only. You must not have had a TD Bank personal checking account within the last 12 months or have ever received a bonus on a previous account. TD bank is only available on the East Coast in the following states: Connecticut, Delaware, Florida, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, South Carolina, Vermont, Virginia or Washington, D.C.

When you'll get it: You'll receive the bonus within 180 days of opening the account if you've met the requirements.

This bonus is a good option if you need to open a business checking account at a major bank and can meet the minimum deposit and balance requirements, plus complete a handful of transactions.

What you'll get: $300.

Expiration: 01/18/2024.

How to get it: Open a new Business Complete Checking℠ account online or at a branch, using the offer code emailed to you from the promotional page. Then within 30 days, deposit at least $2,000 in new money to earn $300 or $15,000 in new money to earn $500, and maintain a $2,000 balance for 60 days and complete five qualifying transactions — such as debit card purchases, QuickAccept℠ deposits, QuickDeposits℠ and ACH or wire transfers — within 90 days.

Where to open: Online or in person at a Chase branch (location near you).

Who can qualify: Anyone who has not received a bonus related to a new Chase business checking account opening in the last two years. Only one bonus is allowed per account. Other restrictions apply.

When you’ll get it: The bonus will be deposited into your new account within 15 days of completing all the requirements.