Top Bank Rewards for Opening Accounts in July 2025
In the competitive world of banking, financial institutions are offering attractive incentives to attract new customers. Here's a roundup of some of the top bank account bonuses available in 2023, covering both savings and checking accounts.
### Savings Account Bonuses
Chase Total Checking & Savings account offers one of the highest savings account bonuses, with an up-to $900 bonus available. This offer expires on July 16, 2025. PNC Virtual Wallet with Performance Select and SoFi Checking and Savings accounts also offer attractive bonuses of up to $400 and $300, respectively, with direct deposit requirements. TD Bank's Simple Savings account offers a $200 bonus, while Alliant Credit Union High Rate Savings account provides a $100 bonus.
### Checking Account Bonuses
Chase Private Client account offers a substantial bonus of up to $3,000 for opening or upgrading an account. Conditions include a meeting with a Private Client Banker, depositing new funds, and maintaining the balance for 90 days. Huntington National Bank offers up to $600 for opening a Platinum Perks Checking account or a $400 bonus for opening a Perks Checking account, both with requirements including direct deposits and account maintenance for 90 days.
Other notable checking account bonuses include BMO's $400 bonus, PNC Bank's up to $400 bonus, Bank of America's $300 bonus, KeyBank's $300 bonus, Wells Fargo's $325 bonus, SoFi's up to $300 bonus, Chase Total Checking's $300 bonus, and Capital One's $250 bonus.
### Additional Notes
It's essential to note that some bonuses require qualifying direct deposits or minimum deposit amounts, and offers have different expiration dates. For instance, SoFi offers a notable 3.80% APY on savings balances with eligible direct deposits and bonuses of $50 to $300 depending on deposit amounts. Larger bonuses like Capital One’s up to $1,500 savings bonus require significant deposits (e.g., $100,000).
KeyBank's KeySelect Checking account offers an annual bonus of $100, with requirements including qualifying direct deposits totaling at least $60,000 during the 12-month period after the first month with the account.
Before applying for any of these bonuses, it's advisable to review each bank’s specific terms and expiration dates to ensure you meet the requirements and can take full advantage of the offers.
In the competitive banking-and-insurance industry, several financial institutions offer enticing incentives to attract new customers. For instance, Chase Total Checking & Savings account provides one of the highest savings account bonuses of up to $900. On the other hand, checking accounts like Chase Private Client account offer substantial bonuses, such as up to $3,000, but with stringent conditions. Additionally, understanding the specific terms and expiration dates for each offer, such as SoFi's 3.80% APY on savings balances with eligible direct deposits, is crucial for maximizing potential business savings and finance gains.
