15 Best Bank Bonuses and Promotions of July 2024

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 and maintaining a minimum average daily balance each month for the offer time period. The details are more complicated than other featured bank bonuses on our list, but this is a unique offer that stretches over a few months.

What you’ll get: $500.

Expiration: 07/31/2024.

How to get it: Apply for a new Axos Rewards Checking account online at the offer page and use the promo code RC500. Add money to the account within the first 60 days. After the first 30 days of the account being open, for the next five months, you’ll earn a $100 bonus for each month that you receive at least $1,500 in qualifying direct deposits and have an average daily balance of at least $3,000. In other words, you can earn up to $500 total during the first six months of account opening. Your account must stay 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 15 days after the end of the statement cycle in which requirements were met.

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. This bank bonus is smaller and the bonus takes longer to be paid compared with other offers on our list, but requirements are straightforward.

What you'll get: $200.

Expiration: 09/30/2024.

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. Meet deposit requirements, including receiving qualifying direct deposits totaling $2,000 or more within 90 days of opening the eligible account (note that Bank of America Advantage SafeBalance Banking® for Family Banking accounts are not eligible for the offer). Your checking 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 account 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: “Once all requirements are met, Bank of America will attempt to pay bonus within 60 days."

This checking account bonus offers the chance to earn thousands of dollars if you’re able to deposit a large amount of money. But note that if you are aiming for the largest bonus tier, you’ll have to deposit more than what standard federal insurance covers, so you’ll have to strategize to protect all of your money. What you'll get: $1,000, $2,000 or $3,000.

Expiration: 07/24/2024.

How to get it: Open a new Chase Private Client Checking℠ account (or upgrade your existing Chase personal account) using the offer code emailed to you from the promotional page. Then transfer at least $150,000 in new money or securities to eligible checking, savings and/or J.P. Morgan Wealth Management accounts within 45 days, and keep the money in the accounts for at least 90 days. Deposit at least $150,000 to earn $1,000, $250,000 to earn $2,000 or $500,000 to earn $3,000.

Where to open: At a branch or by phone.

Who can qualify: Customers who meet with a Private Client Banker to open or upgrade to a Chase Private Client Checking℠ account. You may receive only one new Chase Private Client Checking new money bonus or savings promotional rate offer in the 12 months from the last offer enrollment date. You are only allowed to receive one bonus per account.

When you’ll get it: The bonus will be deposited into your new checking account within 40 days of completing all the requirements.

The bonus isn’t as big as some others on this list, but this bank promotion could be a good option if you don’t want to meet a direct deposit requirement to earn a cash reward. Unlike most bank bonus offers on this list, the Chase Secure Banking bonus doesn’t require direct deposit. Instead, you’ll need to meet a minimum number of qualifying transactions such as debit card purchases and Zelle transfers, but you’ll have 60 days to meet the requirement.

What you'll get: $100.

Expiration: 07/24/2024.

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 checking 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.

The Total Checking bank bonus is one of the best available checking account bonus offers available. Compared with similar offers on our list, you’ll get a large bonus compared with the direct deposit requirement. You can earn the Total Checking account bonus by meeting a minimum direct deposit requirement within 90 days.

What you'll get: $300.

Expiration: 07/24/2024.

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 checking account can be opened online or at a Chase branch (find a location near you).

Who can qualify: New Chase checking account 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 checking account 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.

This offer allows you to choose a checking account that works best for you — from basic (with no minimum balance requirement) to different levels of premium. You can earn cash by having direct deposits that meet a minimum requirement. Compared with similar offers that made our list, this checking account bonus is a good offer — other offers require a much higher total deposit that Zelle deposits don’t count toward.

What you'll get: $300.

Expiration: 07/08/2024.

How to get it: Open a new eligible Citi checking account and enroll in the offer at the Citibank bonus page (or by contacting a bank representative in a branch). Then make a minimum of two Enhanced Direct Deposits, including Automated Clearing House (ACH) payments, deposits made using Zelle, and digital payments made using ACH via PayPal, Venmo or other payment service providers. The deposits must total at least $1,500 and be made within 90 days of opening the account.

Where to open: Open the new account online; enroll in the offer online or by contacting a bank representative in a branch.

Who can qualify: You must not have had a checking account with Citibank for the last 365 days to take advantage of the offer. You must also be at least 18 years old and provide a valid Form W-9 or Form W-8BEN. Your account must not be subject to backup withholding. ​​ When you’ll get it: You’ll receive the bonus within 30 days of meeting the requirements.

Monthly fee: See bank site for details.

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 $500 to $2,5000. This checking account offer stands out on our list because of the extremely large deposits it requires — to qualify for the highest tier, you’ll need to deposit more than the standard federal insurance covers, which means you’ll need to strategize and take steps to protect all your money.

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

Expiration: 07/08/2024.

How to get it: Open a new Citi checking account. You can enroll in the bonus offer if you apply for an account at the Citibank bonus page. If you open an account at a branch or by phone, you must also request the bank representative to enroll you in the bonus offer on the same day. Deposit at least $30,000 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, starting on the 21st day if you enrolled at a branch or by phone and starting on the 31st day if you enrolled by phone. Deposit from $30,000 to $199,000 to earn $500, from $200,000 to $299,999 to earn $1,500 or $300,000 or more to earn $2,500. 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: Open the account at a branch, by phone or online; enroll in the offer at a branch, by phone or online.

Who can qualify: You must not have had a checking account with Citibank for the last 365 days to take advantage of the offer. You must be at least 18 years old and provide a valid Form W-9 or Form W-8BEN. Your account must not be subject to backup withholding. You must also be a resident of an eligible area.

When you’ll get it: You’ll receive the bonus ​​within 60 days of meeting the requirements.

U.S. Bank Smartly® Checking is a streamlined checking account, and this bank bonus is a better than average reward for opening a new account and meeting the requirements. You’ll need to open two separate accounts to qualify for the biggest bonus.

What you'll get: Up to $450.

Expiration: 07/15/2024.

How to get it: Open a new U.S. Bank Smartly® Checking account at the promo page and complete qualifying activities. Earn a $350 bonus when you complete the following within 90 days of account opening: Enroll in online banking or the U.S. Bank Mobile App; and make two or more direct deposit(s) totaling $7,500.

You can earn an additional $100 bonus by: • Opening a new Standard Savings account online on the same promo page; • Depositing at least $15,000 in funds that are new to U.S. Bank by July 31, 2024; and • Maintaining a minimum balance of $15,000 until Oct. 31, 2024.

Where to open: Online.

Who can qualify: U.S. Bank says: “Offer may not be available if you live outside of the U.S. Bank footprint or are not an existing client of U.S. Bank or State Farm."

When you’ll get it: Get the checking account bonus within 60 days of verification that you have met the requirements. Get the savings bonus within 30 days of completing all the requirements.

This bonus offer is a good option if you want a checking account at one of the largest banks in the U.S. The checking account bonus is generous compared with the deposit requirement, especially when stacked against similar offers on our list.

What you'll get: $300.

Expiration: 09/25/2024.

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 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. This is the only business account on our list, and it’s a standout because it consistently offers a bonus and comes from one of the largest banks. To compare, see our list of the best business account promotions.

What you'll get: $300.

Expiration: 07/22/2024.

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.

This bonus stands out for rewarding you if you set up a direct deposit as low as $500 — a much lower deposit requirement than that of other offers on our list. Tiered bonuses are also available, so the more you deposit, the more you can earn — up to $400.

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

Expiration: 07/01/2024.

How to get it: Open a Virtual Wallet, Virtual Wallet with Performance Spend or Virtual Wallet with Performance Select account on the offer page or by bringing a coupon to a branch 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 or in a branch.

Who can qualify: Anyone who does not currently have a PNC checking account, has not closed a PNC account within the past 12 months 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.

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. Compared with other offers for similar accounts on our list, this one offers a good bonus amount for a lower minimum deposit.

What you'll get: $200.

Expiration: 07/01/2024.

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 or at a branch or call center.

Who can qualify: Anyone who does not currently have a PNC checking account, has not closed an account within the past 12 months 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 rewards you for building a savings habit; the savings account offers a strong interest rate and the credit union is easy to join. Compared with other offers on our list, this offer requires a long commitment to increasing your balance, but the bonus amount is decent and the habit-building practice of saving every month might be even more valuable.

What you'll get: $100.

Expiration: 12/31/2024.

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.

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. Of the savings account offers on our list, Discover’s requires the biggest deposit amounts. But with its competitive 4.25% annual percentage yield, it’s not a bad idea to sock away what you can in this account.

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

Expiration: 09/12/2024.

How to get it: Open your first Online Savings Account and use offer code NW624 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 45 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 qualify for Bonus: Apply for your first Discover Online Savings Account, enter Offer Code NW624 at application, 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. Qualifying deposit(s) may consist of multiple deposits and must post to Account within 45 days of account open date. Maximum bonus eligibility is $200.