13 Best Bank Bonuses and Promotions This March

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Banks regularly offer cash bonuses and other promotions to attract new customers. You can earn hundreds — and sometimes thousands — of dollars just by opening an account.

GOBankingRates reviewed banks across the U.S. in search of the best bank promos. The savings, checking, referral and business account bonus offers that made the final list were chosen based on their cash values and how easy the rewards are to earn.

These are the deals GOBankingRates selected as the best available right now.

• Huntington Bank Perks or Platinum Perks Checking: Up To $600 Bonus
• U.S. Bank Smartly Checking: Up To $500 Bonus
• U.S. Bank Standard Savings: $300 Bonus
• Citi® Checking With Enhanced Direct Deposit: $300 Bonus
• Citi® Checking Account: Up To $2,500 Bonus
• Alliant Credit Union Ultimate Opportunity Savings: $100 Bonus
• TD Signature or Simple Savings: $200 Bonus
• HSBC Share the Experience Referral Bonus: $300
• Chime®* Referral Bonus: $100
• Huntington Business Checking: Up To $1,000 Bonus
• Chase Business Complete Checking: $400 Bonus
• Citi Business Checking: Up To $2,000 Bonus
• M&T Bank Tailored Business Checking: $500 Bonus

Checking Account Promotions

A checking account is a basic tool used for managing finances and paying bills. Now may be the time to find a new bank and take advantage of these lucrative checking account promotions.

Huntington Bank Perks or Platinum Perks Checking: Up To $600 Bonus

New Huntington Bank customers can earn up to $600 for opening and funding a Perks or Platinum Perks Checking account.

• Cash value: $400-$600
• Minimum deposit to qualify: No minimum amount for $400 Perks Checking bonus; $25,000 for $600 Platinum Perks Checking bonus
• Expiration date: June 7, 2024
• How to get it: Use the links on the offer page to sign up for a new Perks or Platinum Perks Checking account online or in person. Then make qualifying deposits:
  • For $400 Perks Checking bonus, receive direct deposit of a payroll, salary, pension or government payment within 90 days of account opening.
  • For $600 Platinum Perks Checking bonus, make $25,000 in cumulative deposits within 90 days of account opening.
• When you’ll get it: Within 14 days after meeting the requirements
• Terms and conditions: Offer is only available to new checking customers who reside in Colorado, Illinois, Indiana, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, South Dakota, West Virginia or Wisconsin. You must use the “Apply Online” button or “Open at a Branch” link on the offer page on the Huntington website.
• Monthly fee: $10 for Perks Checking, waived with $1,000 in total monthly deposits or $5,000 in total relationship deposits; $25 for Platinum Perks Checking, waived with $25,000 total relationship balance
• Promotion page: Huntington Bank checking account bonus offer

U.S. Bank Smartly Checking: Up To $500 Bonus

The U.S. Bank Smartly Checking account is an interest-earning account with plenty of perks, including access to the U.S. Bank mobile app and bonuses worth up to $500. You can earn $500 when you open a U.S. Bank Smartly checking account and meet certain requirements.

• Cash value: Up to $500
• Minimum deposit to qualify: $3,000
• Expiration date: March 12, 2024
• How to get it: Open a new checking account using the link provided on the bonus’ webpage or call the bank.
  • You needed to deposit at least $25 to open the account. Then enroll in the U.S. Bank mobile app or sign up for online banking within the first 90 days.
  • To earn $100: Deposit two or more direct deposits that amount to between $3,000 and $4,999.99
  • To earn $300: Deposit two or more direct deposits that amount to between $5,000 and $9,999.99
  • To earn $500: Deposit two or more direct deposits that amount to $10,000 or more.
• When you’ll get it: The bonus will be credited to your account within 60 days after the end of the month during which you met the requirements.
• Terms and conditions: Current U.S. Bank checking account holders and anyone who has had an account at the bank within the last two years do not qualify for the bonus. It’s also not available to anyone who has received a checking bonus from the bank within the last two years.
• Monthly fee: $6.95, waived by receiving monthly direct deposits totaling at least $1,000 or maintaining an average minimum balance of $1,500 or more. The bank also waives the maintenance fee for members of the military and individuals younger than 25 or older than 65.
• Promotion page: U.S. Bank checking account bonus offer

Citi Checking With Enhanced Direct Deposit: $300 Bonus

If you’re a new customer with Citi, you can receive $300 with this offer. Here are the details.

• Cash value: $300
• Minimum balance to qualify: $1,500
• Expiration date: July 8, 2024
• How to get it:
  • You must complete at least two Enhanced Direct Deposits into your new account in the first 90 days after opening the account. The total of our deposits must be $1,500.
• When you’ll get it: Within 30 days of completing the required activities
• Terms and conditions: You must be a new checking account customer with Citi and meet the balance requirements described above with new-to-Citi funds. Your account must be open and in good standing to receive the bonus.
• Monthly fee: See website for details
• Promotion page: Citi Checking with Enhanced Direct Deposit bonus offer

Citi Checking Account: Up To $2,500 Bonus

If you can meet the deposit requirements, you could be looking at a tidy sum of up to $2,500 from Citi® when you open a new personal checking account in the Citigold® Relationship Tier. There are three checking account relationship tiers and bonus levels with this checking account bonus offer.

• Cash value: Up to $2,500
• Minimum balance to qualify: $30,000
• Expiration date: July 8, 2024
• How to get it:
  • You must maintain the minimum balance for 60 days after the 21st day from when you first opened the account.
    • $30,000-$199,999: $500 bonus
    • $200,000-$299,999: $1,500 bonus
    • $300,000 or more: $2,500 bonus
  • After making the qualifying deposit within the first 20 days, maintain that minimum balance for a consecutive 60 days. Refer to the offer for full terms and conditions.
• When you’ll get it: Within 30 days of completing the required activities
• Terms and conditions: You must be a new checking account customer with Citi and meet the balance requirements described above with new-to-Citi funds. Your account must be open and in good standing to receive the bonus.
• Monthly fee: See website for details
• Promotion page: Citi checking account bonus offer

Savings Account Promotions

A savings account is a great place to keep your emergency fund or set aside money to pay for big-ticket items. Boost your savings with one of these lucrative bank promotions.

U.S. Bank Standard Savings: $300 Bonus

• Cash value: $300
• Minimum balance to qualify: $25,000
• Expiration date: March 12, 2024
• How to get it:
  • Minimum opening deposit of $25
  • Open a new U.S. Bank Standard Savings account and have a balance of at least $25,000 until June 30.
  • Deposit at least $25,000 into the account by March 31.
• When you’ll get it: Within 30 days after completing the qualifying activities
• Terms and conditions: You may only have one checking and one savings bonus for each eligible account.
• Monthly fee: $4; various qualifying activities available to waive the fee
• Promotion page: U.S. Bank savings account bonus offer

Alliant Credit Union Ultimate Opportunity Savings Account: $100 Bonus

If you’re looking for a savings account with a higher-than-average APY, Alliant Credit Union’s Ultimate Opportunity Savings Account may be right for you. You can also earn a bonus when you establish a regular savings habit.

• Cash value: $100
• Minimum deposit to qualify: $1,200
• How to get it: 
  • Open a new Ultimate Opportunity Savings Account before Dec. 31, 2023, and deposit at least $100 in the account within 30 days of opening it.
  • Deposit at least $100 per month for the next 11 consecutive months and have a balance of at least $1,200 in the account at the end of the one-year period.
• When you’ll get it: The bonus should post to the account within four weeks after verification of all deposits.
• Terms and conditions: This bonus is not available for current Alliant Credit Union members or past members who closed an account within 180 days of opening it.
• Monthly fee: $0 if you opt for e-statements
• Promotion page: Alliant Credit Union Ultimate Opportunity Savings Account bonus offer

Bank Referral Sign-Up Bonuses

Some banks offer referral bonuses to customers who encourage their family and friends to sign up for an account. Chances are, the person you refer will earn a bonus of their own.

HSBC Share the Experience Bonus: $300

HSBC will reward you with $300 for every friend or family member you refer who signs up for an account. When they qualify for an HSBC Premier checking account and complete qualifying activities, they’ll earn a bonus, too — up to $1,000. You can earn up to $6,000 in referral bonuses each calendar year.

• Cash value: $300 per qualified referral, up to $6,000 per calendar year
• Minimum deposit to qualify: None for referrer to earn bonus; $75,000 balance for referred individual
• Expiration date: March 31, 2024
• How to get it: 
  • Log in to HSBC Personal Internet Banking and locate your Share the Experience referral code. Your referrals must open an eligible new account in person or online.
  • To receive a $500 bonus, the referral must deposit at least $75,000 in deposit and/or eligible investment accounts within 30 days of opening the account. The minimum qualifying balance for a referral to receive a $1,000 bonus is $500,000.
• When you’ll get it: Within eight weeks of your referral’s account opening
• Terms and conditions: Customers must have an HSBC Premier account in the U.S. and have access to HSBC Personal Internet Banking to qualify. The referral must keep their account open for at least six months and must not have a current or past HSBC account in the U.S. on file. The referral must provide your personalized referral code at account opening for you to qualify to receive the bonus.
• Monthly fee: $50; various qualifying activities available to waive the fee
• Promotion page: HSBC Share the Experience referral bonus offer

TD Signature or Simple Savings Account: $200 Bonus

Two of TD Bank’s savings accounts offer the opportunity to claim a $200 bonus for opening a new personal savings account, provided you meet the funding requirements.

• Cash value: $200
• Minimum deposit to qualify: $10,000
• Expiration date: April 30, 2024
• How to get it: 
  • Open a new TD Signature Savings or Simple Savings account and deposit at least $10,000 in new-to-the-bank funds within 20 days of opening.
  • Then, maintain at least $10,000 as your daily balance for 90 days after you’ve met the deposit requirement.
• When you’ll get it: Within 180 days of account opening
• Terms and conditions: You must not have held a TD Bank savings or money market account within the past 12 months or claimed a past savings or money market account bonus. Your account must remain open and in good standing for six months or the bonus may be deducted during account closing.
• Monthly fee: TD Signature Savings has a monthly fee of $15. The bank will waive the fee if you maintain a minimum balance or link your savings account to your TD Beyond Checking account. TD Simple Savings has a monthly fee of $5. Fees are waived when you maintain minimum balance requirements or are under age 18 or over age 62.
• Promotion page: TD savings account bonus offer

Chime Referral Bonus: $100

Chime makes it easy for you and a friend or family member to earn $100. There’s no limit on how many bonuses you can earn.

• Cash value: $100 per referral
• Minimum deposit to qualify: $200
• Expiration date: None disclosed
• How to get it: Send invites to contacts using the mobile app, or send them your customized link. You both receive a $100 bonus when they use your referral link to open a Chime account and receive a qualifying direct deposit of $200 or more within 45 days of account opening.
• When you’ll get it: After the terms are complete
• Terms and conditions: No additional terms noted
• Monthly fee: $0
• Promotion page: Chime referral bonus offer

Business Account Promotions

Bank bonuses are also available for business accounts. You can score some extra cash via these worthwhile business account promotions to share with employees or expand your business.

Huntington Business Checking: Up To $1,000 Bonus

With a Huntington Unlimited Plus Business Checking account, you enjoy perks like unlimited transactions and online access to your account. For a limited time, new customers can select two bonus services when they sign up for a new account and earn a cash bonus of up to $1,000. Here’s how:

• Cash value: Up to $1,000
• Minimum deposit to qualify: $2,000
• Expiration date: April 30, 2024
• How to get it: 
  • Open a Business Checking 100, Unlimited Business Checking, or Unlimited Plus Business Checking account through the offer page or in-branch after choosing the “Open at a Branch” option on the offer page by April 30.
  • Deposit at least $2,000 in new-to-Huntington funds within 60 days of opening the account to earn the $100 bonus, and keep your new account open for at least 90 days. The minimum deposit for the $400 bonus is $5,000, and you’ll need to deposit $20,000 for the $1,000 bonus.
• When you’ll get it: Within 14 days of meeting the requirements
• Terms and conditions: The offer is available only to new business checking accounts for residents of Colorado, Illinois, Indiana, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, South Dakota, West Virginia or Wisconsin. Accounts closed within 180 days may be charged an early account closing fee.
• Monthly fee: Waivable monthly fee of $40 for Unlimited Plus Business Checking or $20 for Unlimited Business Checking; $0 for Business Checking 100
• Promotion page: Huntington business checking bonus offer

Chase Business Complete Checking: $400 Bonus

Chase Business Complete Checking comes with additional features like convenient payment processing and same-day deposits through QuickAccept. You also can earn a $400 bonus for doing business with Chase.

• Cash value: $400
• Minimum deposit to qualify: $2,000
• Expiration date: April 18, 2024
• How to get it: 
  • Open a new Chase Business Complete Checking account online or enter your email address to receive an offer code to bring to a branch.
  • Deposit at least $2,000 within 30 days of opening the account and maintain the balance for at least 60 days.
  • You’ll also need to complete five qualifying transactions, such as making purchases with a debit card and accepting payments through QuickAccept, Chase QuickDeposit, Chase Online Bill Pay, ACH or wires.
• When you’ll get it: The bonus will be deposited in your account within 15 days after you meet the requirements.
• Terms and conditions: The bonus is available only to new Chase business customers. It is not available to political action committees, nonprofit organizations, customers who had an account closed within 90 days, and businesses with a negative balance when they closed an account within the last three years.
• Monthly fee: $15, but Chase offers several ways to waive the fee
• Promotion page: Chase Business Complete Checking bonus

Citi Business Checking: Up To $2,000 Bonus

If you’re a business owner, you can be eligible to receive up to $2,000 when you open a business checking account with Citi.

• Cash value: Up to $2,000
• Minimum balance to qualify: $5,000
• Expiration date: July 8, 2024
• How to get it:
  • You must maintain the minimum balance for 60 days after depositing funds into the account. Bonus tiers are below:
    • $5,000-$19,999: $300 bonus
    • $20,000-$99,999: $750 bonus
    • $100,000-$199,999: $1,500 bonus
    • $200,000 or more: $2,000 bonus
• When you’ll get it: After making the qualifying deposit within the first 20 days, make a deposit of at least $5,000, and maintain that minimum balance for a consecutive 60 days. Refer to the offer for full terms and conditions.
• Terms and conditions: You must be a new business checking account customer with Citi and meet the balance requirements described above with new-to-Citi funds. Your account must be open and in good standing to receive the bonus.
• Monthly fee: See website for details
• Promotion page: Citi business checking bonus offer

M&T Bank Tailored Business Checking: $500 Bonus

Customers who open a new M&T Bank Tailored Business Checking account can earn a $500 bonus when they maintain a qualifying balance for three months.

• Cash value: $500
• Minimum deposit to qualify: $5,000
• Expiration date: March 29, 2024
• How to get it: You must open a new M&T Tailored Business Checking account with the promo code BD and then maintain an average ledger balance of at least $5,000 for three full calendar months.
• When you got it: Within 45 days of meeting the requirements
• Terms and conditions: This offer is not available to customers who’ve had an M&T business checking account within the previous 90 days of opening an M&T Tailored Business Checking account.
• Monthly fee: $20, waived with an average ledger balance of at least $10,000
• Promotion page: M&T Tailored Business Checking account bonus

Expired Bank Bonuses

It may be too late to take advantage of these bonuses, but seeing the types of bank bonuses offered in the past can be helpful as you consider current offers.

Citi Savings Account: Up To $5,000 Bonus

Citi offered new customers a bonus worth up to $5,000, although you had to be a literal millionaire to qualify for that amount. The bank also had lower bonus tiers.

• Cash value: Up to $5,000
• How to get it:
  • You had to open a new Citi Savings Account and fund it with new-to-Citi funds within 20 days of opening.
  • Then, you had to maintain a minimum balance for 60 days beyond the 21st day to get the bonus. The minimum deposit and balance amounts and bonuses were as follows:
    • $10,000-$29,999: $100 bonus
    • $30,000-$49,999: $150 bonus
    • $50,000-$99,999: $250 bonus
    • $100,000-$199,999: $500 bonus
    • $200,000-$499,999: $1,000 bonus
    • $500,000-$999,999: $2,500 bonus
    • $1,000,000 or more: $5,000 bonus
• When you got it: Within 90 calendar days after completing required activities
• Terms and conditions: New or existing Citi customers were eligible for this offer provided they opened a new savings account and followed the deposit minimums. The offer was available in New York, Connecticut, New Jersey, District of Columbia, Virginia, Maryland, California, Nevada and select markets in Illinois and Florida. Your account had to remain open and in good standing for 60 calendar days after completing the requirements.

Is It Time To Switch Banks?

Now may be the time to switch banks if you can take advantage of one of the best bank promotions. Before you change banks, make sure it offers the products and services you need. A lucrative bonus is great, but it’s more important to have a bank that’s a good fit for your financial lifestyle.

Compare Other Banks

• Chase Bank Review
• Bank of America Review
• Wells Fargo Bank Review
• Capital One Bank Review
• U.S. Bank Review
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Allison Hache, Cynthia Bowman, Melanie Grafil and Julia Gordon contributed to the reporting for this article.

Information on promotions is accurate as of March 6, 2024. Additional requirements may apply. Offers and terms are subject to change.

Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.

The information related to Chase Business Complete Checking was collected by GOBankingRates and has not been reviewed or provided by the issuer of this product. Product details may vary. Please see the issuer’s website for current information. GOBankingRates does not receive commission for this product.

*Chime is a financial technology company, not a bank. Banking services provided by, and debit card issued by, The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC.

GOBankingRates is a personal finance and consumer interest rate website and an online marketing company serving top-tier banks, credit unions and other financial services organizations. Some companies mentioned in this article might be clients of GOBankingRates, which serves more than 100 national, local and online financial institutions. Rankings and roundups are completely objective, and no institution, client or otherwise, paid for inclusion or specific placement. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by the companies included in the article. All fees and rates are subject to change at the issuers’ discretion. Some interest rates might be short-term or promotional offers only, and it is possible additional terms and conditions must be met to obtain the interest rates listed. Rates and availability might vary by region. Verify terms and conditions before opening an account.

GOBankingRates bases its assessment of “best” and “top” products on the above-stated parameters to create a baseline for comparison. This assessment is an approximation of “best” and “top” designed to help consumers find products that might be appropriate for them. There could be other options available as well. Consumers should consider various options appropriate for their circumstances.

This article has been updated with additional reporting since its original publication.

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