Advertiser Disclosure

Best Bank Account Bonuses and Offers February 2018

Banking, Checking Accounts, Savings Accounts
You can trust that we maintain strict editorial integrity in our writing and assessments; however, we receive compensation when you click on links to products from our partners and get approved. Here's how we make money.

Excellent cash bonuses are available if you open checking or savings accounts with some banks. Here are the best offers this month:

Checking account offers and savings promotions

Top picks

Chase Bank: $200
Chase
Learn more
at Chase Bank
Chase Total Checking®

Overall bank rating:

 

Chase Bank: $150
Chase
Learn more
at Chase Bank
Chase SavingsSM

Overall bank rating:

 

 

Also worth considering

Bank of America: $100
Bank+of+America
Read full review
on NerdWallet
Bank of America checking

Overall bank rating:

 

Bank of the West: $150
Bank of the West checking

Learn more at Bank of the West
BMO Harris: $200
BMO+Harris
Learn more
at BMO Harris
BMO Harris checking

Chase: $300
Chase
Learn more
at Chase Bank
Chase Premier Plus CheckingSM

Overall bank rating:

 

HSBC: $200 or $350
HSBC
Learn more
at HSBC
HSBC checking

TD Bank: $150 or $300
TD+Bank
Learn more
at TD Bank
TD Bank checking

Overall bank rating:

 

Citibank: $300
Citibank
Read full review
on NerdWallet
Citibank checking

Overall bank rating:

 

Amboy Direct: $50
Amboy+Direct
Learn more
at Amboy Direct
Amboy Direct eSavings

M&T Bank: $150
M&T+Bank
Read full review
on NerdWallet
M&T Bank checking

Overall bank rating:

 

PNC Bank: $50, $200 or $300
PNC
Read full review
on NerdWallet
PNC checking

Overall bank rating:

 

Santander Bank: $150
Santander+Bank
Read full review
on NerdWallet
Santander Simply Right Checking

Overall bank rating:

 

SunTrust: $100, $200 or $300
SunTrust
Learn more
at SunTrust
SunTrust checking

Chasing promotions may cost you in the long run, so it’s important to be aware of the agreement terms and to avoid potential monthly fees. Here are more details on NerdWallet’s favorites this month, with a focus on sign-up bonuses.

» Need a place to stash your savings? Check out the best high-yield online savings accounts

Chase Bank: $200 bonus

NerdWallet has rated this bank:

Best checking bonus: through April 16, 2018

Chase
Learn more
at Chase Bank
  • To qualify, you must not have had a Chase checking account within the past 90 days, had one closed with a negative balance, or have a fiduciary account
  • Use the form on the sign-up page to have a coupon emailed to you. Use the coupon to open a Chase Total Checking® account funded with at least $25. The account must remain open for six months.
  • The account has to be opened at a Chase branch (find a location near you). These can be found mostly in the Northeast, on the West Coast and in parts of the Midwest, Texas and Florida.
  • You must have a direct deposit into the account within 60 days
  • The bonus will be deposited into your account in no more than 10 business days after your first direct deposit

» Want to see how Chase stacks up? Read NerdWallet’s review of Chase Bank

[Back to top]

 

Chase Bank: $150 bonus

NerdWallet has rated this bank:

Best savings bonus: through April 16, 2018

Chase
Learn more
at Chase Bank
  • To qualify, you must not have had a Chase SavingsSM account within the past 90 days, had one closed with a negative balance, or have a fiduciary account
  • Use the form on the sign-up page to have a coupon emailed to you. Then use the coupon to open a Chase SavingsSM account with at least $10,000 in new money within 10 business days. The account must remain open for six months.
  • The account has to be opened at a Chase branch (find a location near you). These can be found mostly in the Northeast, on the West Coast and in parts of the Midwest, Texas and Florida.
  • Maintain a balance of at least $10,000 for 90 days, and Chase will deposit your bonus into your account within approximately 10 days

[Back to top]

Others bonuses to consider

These bank promotions didn’t quite make our list of favorites. Typically, these accounts have:

  • Stiffer qualification requirements for the bonus
  • Lower bonus amounts for comparable requirements and accounts
  • High minimum balance requirements

Be sure you read the fine print if you click through. Here they are:

Bank of America: $100 bonus

NerdWallet has rated this bank:

Through February 28, 2018

Bank+of+America
Read full review
on NerdWallet
  • Open a Bank of America Core Checking or Interest Checking account through Bank of America’s online offer page by February 28th, 2018
  • Set up direct deposit and receive two or more installments of at least $250 within the first 90 days of opening
  • You must not already have a personal checking account with Bank of America in order to qualify
  • Bank of America will deposit the $100 bonus into your account within 60 days; If they are unable to, they’ll send you a check
  • Your account must be open on the day the bonus is paid
  • Since the bonus may be considered taxable income, you won’t be qualified for the bonus until you submit required tax forms

[Back to top]

Bank of the West: $150 bonus

NerdWallet has rated this bank:

Through March 2, 2018

  • Get $150 for opening an Any Deposit Checking account through Bank of the West’s website
  • If you want to open an account in person, have the promotion code emailed to you, print it out, and present it at your local branch
  • To qualify for either bonus, funds new to Bank of the West of at least $0.01 must be posted to your account by March 9th, 2018 and your account must be open and have a positive balance as of May 31, 2018
  • The bonus will be posted to your account by June 29, 2018
  • You can’t have had an open checking account with Bank of the West as of January 19, 2018
  • The bonus comes in two parts: You’ll get $100 for having a direct deposit of at least $250 posted to your account by May 31, 2018. Get the other $50 by making at least 10 purchases of at least $3 on your new debit card a month for two calendar months, all of which must be posted by May 31, 2018.
  • Waive the $10 monthly fee by making a deposit of any amount into your checking account each statement cycle.
Learn more at Bank of the West

[Back to top]

BMO Harris: $200 bonus

Through March 30, 2018

BMO+Harris
Learn more
at BMO Harris

  • To qualify, you must not have had a BMO Harris checking account in the past 12 months
  • Open a new Smart Money, Smart Advantage or Premier account online, over the phone or in a branch using the coupon you were emailed from the promotional page
  • Within 90 days of opening the account, have at least two direct deposits of at least $500 each
  • Have at least 10 debit card purchases made with a BMO Harris Bank Debit Mastercard  post to your account within 90 days of account opening
  • Account must remain open and in good standing for about 120 days, which is when the bonus will be paid
  • You have to be a resident of Arizona, Florida, Illinois, Indiana, Kansas, MIssouri, Minnesota or Wisconsin in order to receive the bonus

[Back to top]

Chase
Learn more
at Chase Bank

Chase Bank: $300 bonus

NerdWallet has rated this bank:

Until April 16, 2018

  • To qualify, you must not have had a Chase checking account within the past 90 days, had one closed with a negative balance, or have a fiduciary account
  • Open a Chase Premier Plus CheckingSM account funded with at least $25 and have a direct deposit within 60 days. The account must remain open for six months.
  • The account has to be opened at a Chase branch (find a location near you). These can be found mostly in the Northeast, on the West Coast and in parts of the Midwest, Texas and Florida.
  • To avoid a $25 monthly fee, your Chase Premier Plus CheckingSM account must have an average daily balance of at least $15,000 across linked deposit and investment accounts or have automatic payments to a linked Chase mortgage
  • Your bonus will be deposited within 10 days of your direct deposit

[Back to top]

HSBC: $200 or $350

Through March 30, 2018

HSBC
Learn more
at HSBC
  • Get $200 for opening a new HSBC Choice Checking account or $350 for opening a new HSBC Advance checking account through HSBC’s promotional page
  • Deposit at least $1,500 for Choice Checking or $10,000 for Advance checking across all HSBC checking and savings accounts within 30 days of creating your new account, and maintain that balance for at least 90 calendar days. Funds must be new to HSBC.
  • You must not have had any HSBC consumer bank account from January 15, 2017 to January 15, 2018 in order to qualify for either offer
  • The $15 monthly maintenance fee can be avoided by having $1,500 across your HSBC deposit and investment balances, or having a direct deposit at least once a statement cycle
  • Your bonus will be deposited in your new account roughly 8 weeks after you meet all the qualification requirements
  • Your account must be open and in good standing at the time you receive bonus

[Back to top]

TD+Bank
Learn more
at TD Bank

TD Bank: $150 or $300 bonus

NerdWallet has rated this bank:

No expiration date listed

  • To qualify, you must be a new TD Bank checking customer
  • To earn $150, open a TD Convenience account and receive cumulative direct deposits of at least $500 within 60 days of opening the account. To have the $15 monthly fee waived, maintain a minimum daily balance of $100.
  • To earn $300, open a TD Premier account and receive cumulative direct deposits of at least $2,500 within 60 days of opening the account. To have the $25 monthly fee waived, maintain a minimum daily balance of $2,500.
  • Your bonus will be paid no later than 95 days after you open the account

» Want to see how TD Bank stacks up? Read NerdWallet’s review of TD Bank

[Back to top]

Citibank
Read full review
on NerdWallet

Citibank: $300 bonus

NerdWallet has rated this bank:

Through March 31, 2018

  • To qualify, you must not have had a Citibank checking account within the past 180 days
  • Open a checking account in the Citibank Account Package online, over the phone or at a branch
  • Within 30 days of opening your new checking account, deposit at least $15,000 into either that account or a new or existing Citibank Savings Plus Account or Citibank Savings Account. Maintain a balance of at least $15,000 for 60 consecutive days following the date of your qualifying deposit.
  • To avoid a $25 monthly fee, you must maintain $10,000 in combined average monthly balances in eligible linked accounts
  • The bonus will be deposited within 90 days after you meet the criteria

» MORE: NerdWallet’s review of Citibank

[Back to top]

Amboy Direct: $50 bonus

No expiration date listed

Amboy+Direct
Learn more
at Amboy Direct
  • To get the $50 bonus, go to the Amboy Direct website and sign up with your email to receive a bonus reference code. Enter the code you received via email when you apply for an eSavings account.
  • Keep a monthly average balance of at least $3,000 for 90 days
  • The bonus will be credited to you in the next statement cycle
  • $100 minimum to open an eSavings account

[Back to top]

M&T Bank: $150 bonus

NerdWallet has rated this bank:

Through March 30, 2018

M&T+Bank
Read full review
on NerdWallet
  • Open an M&T checking account at the promotional webpage or have a coupon emailed to yourself from the page and use it to open an account at a branch by March 30, 2018
  • Have direct deposits totaling at least $500 within 90 days of opening the account
  • Your bonus will be deposited within 90 days of your direct deposit
  • Offer not available nationwide; enter your ZIP code at the top of the promotional webpage to see if you’re eligible
  • You will be charged $50 if you account is closed before 180 days since the day the account was opened
  • Waive the $6.95 fee by making at least one deposit or withdrawal each monthly service charge cycle

[Back to top]

PNC
Read full review
on NerdWallet

PNC Bank: $50, $200 or $300 bonus

NerdWallet has rated this bank:

Through Mar. 31, 2018

  • To qualify, you must not have had a PNC account within the past 90 days or received a PNC promotional payment within the past 12 months
  • Your bonus amount depends on the type of account you open. Options include a Virtual Wallet account, a Virtual Wallet with Performance Spend account or a Virtual Wallet with Performance Select account.
  • Direct deposits must total at least $500, $2,000 or $5,000 per month, depending on which account you’ve signed up for, within 60 days of opening. You must also make at least 10 purchases with your PNC Bank Visa debit card.
  • Your bonus will be deposited within 60 days after all criteria has been met
  • Offer available to residents of Alabama, Delaware, Florida, Georgia, Illinois, Indiana, Kentucky, Maryland, Michigan, Missouri, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Virginia, West Virginia, Wisconsin and the District of Columbia

[Back to top]

Santander+Bank
Read full review
on NerdWallet

Santander Bank: $150 bonus

NerdWallet has rated this bank:

Through March 31, 2018

  • To qualify, you must not currently have a Santander checking account or have had one in the last 12 months
  • Open a Santander checking account online using promo code DIGBONUSJ2M, or at a branch using the coupon you got emailed to yourself from the promotional page
  • Qualifying checking accounts include Simply Right Checking, Santander Basic Checking and Santander Premier Plus Checking
  • Post direct deposits totaling at least $1,000 within 90 days of opening the account
  • Keep your account open for at least 90 days
  • Your bonus will be deposited within 30 days after you meet those criteria
  • Offer available to residents of Connecticut, Delaware, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island and Pennsylvania

» MORE: NerdWallet’s review of Santander Bank

[Back to top]

SunTrust
Learn more
at SunTrust

SunTrust Bank: $250 or $500 bonus

Through April 30, 2018

  • Open a new account online using promo code Q118CHECKINGOL
  • You must not currently have a personal checking account with SunTrust or have had one on or since July 7, 2017
  • Your bonus amount depends on the type of account you open. Options include Select Checking or Signature Advantage account.
  • Deposit at least $100 into your new account within 14 days of opening
  • Post direct deposits of at least $1,000 into a Select Checking account or $2,000 into a Signature Advantage account within 60 days of opening
  • Make at least 10 debit card purchases within 60 days of opening either account
  • The bonus will be deposited eight weeks after you meet the requirements
  • Offer available to residents of Alabama, Arkansas, Florida, Georgia, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, West Virginia and the District of Columbia

[Back to top]

If it’s time to switch banks and you want to take advantage of a cash bonus, these options should help you decide. If these bonuses don’t entice you, you may want to look for a different account — see our picks for best checking accounts.

Updated Feb. 6, 2018.


METHODOLOGY

We looked at the 15 largest banks by assets and eliminated those without a significant retail banking presence. We also included financial institutions in the country’s five largest metro areas and several of the largest online-only banks that offer a full suite of checking and savings products. We rounded off the list with some of the country’s biggest credit unions with broad-based membership requirements. Finally, we considered banks we’ve reviewed. Financial institutions surveyed: Alliant Credit UnionAlly Bank, Amboy Direct, Associated BankBank of AmericaBank5 ConnectBank of Internet USABank of the WestBarclays, BB&T, BBVA Compass, BMO Harris Bank, Capital One 360Chase, CIT Bank, CitibankConnexus Credit Union, Consumers Credit Union, Discover Bank, HSBC, Huntington BankM&T Bank, Nationwide, Navy Federal Credit UnionPentagon Federal Credit UnionPNC BankSantanderSimpleState Employees’ Credit Union, SunTrust, Synchrony BankTD BankUnion BankU.S. Bank and Wells Fargo.