The banking industry is highly competitive. Banks are constantly looking for new ways to attract customers, either, as a new customer to the bank in general, or to promote specific products offered by the bank. One of the most successful ways banks attract new customers is with cash bonuses. Bonuses are typically offered as a one time incentive to customers who open and maintain a new account. Sometimes there are specific requirements, such as, maintaining a minimum balance, or making a certain number of direct deposits in a given month. Here you’ll find a list of recent bank bonus offers, and some of the details about their respective incentive programs.
Fifth Third Bank is offering a $200 for new accounts. The account has to remain open for at least 90 days and receive at least one direct deposit of $100 or more during the first 2 months. This bonus is also only available by phone. The code to redeem this bonus is 10387.
US Bank is offering a $100 bonus for savings account holders who reach and maintain a balance of $1,000 or more in their account. The account holder will receive a $50 bonus for reaching a $1,000 balance, and another $50 if the $1,000 minimum is maintained for one year.
Open a checking account with Salem Five, and receive a $100 bonus after you’ve started using your new account. You can meet any one of three activity requirements to receive the bonus. Make 2 direct deposits of $250 or more, use online bill pay 6 times or more, or use your debit card 20 times. The bonus is paid in the form of a $100 Visa gift card, which can be used anywhere Visa is accepted.
Use promo code BAW100N through Bank of America online, to receive a $100 bonus, after setting up direct deposit. Recurring direct deposits totaling $2,000 or more per month must be setup and maintained for 90 days, to receive this bonus.
Union Bank and Trust is offering a $50 bonus for all new checking accounts. To qualify, you must use your debit card 10 times within the first 2 months of opening your new checking account. The account also requires a $50 minimum balance to open an account.
Open an account with Capital One 360 and receive a $50 bonus. You only have to make 3 purchases with your debit card, or 3 person-to-person payments, in the first 45 days after opening your account. The $50 bonus will be deposited within 5 days, after the 45 day mark.
Maintain a $3,000 minimum balance in your new Amboy savings account for the first 3 months, and receive a $50 bonus. Only one offer can be redeemed per household. A $100 minimum balance is required to open this account.
Stay tuned for more bonus offers from the Bargain Bin.