Bank Account Cash Bonuses & Offers

by Silicon Valley Blogger on 2011-08-112

If you’re after bank accounts that offer cash bonuses, perhaps our list will help. On occasion, the bank products we feature here come up with sweet deals for prospective customers. These companies regularly revive their seasonal promotional programs as a way to lure customers to their side with enticing offers, either through discounts or in this case, through cash bonuses (which for a while, seemed to go on hiatus for a little bit). If you time things right, you may be able to earn yourself some extra cash when you become a new checking or savings account owner. I wouldn’t recommend signing up for an account based on just a free cash bonus, but it can certainly be a motivating factor when you’ve got more than one good choice to consider. I would encourage you to keep your eyes peeled for those temporary offers where you may be eligible to receive a cash sign up bonus by simply applying for a new account. This type of offer surfaces throughout the year.


Here are some particulars on a few accounts:

Special Cash Bonuses & Offers For Bank Account Sign Ups

Bank or Financial Institution
Account
Cash Bonus
Description
JP Morgan Chase Bank Chase Total Checking Account $125 Expires on 10/7/11. Set up a direct deposit and open an account with a $100 balance.
Comerica Bank Comerica Checking Account $100 Fund your account with at least $250 within 90 days and set up an ongoing direct deposit or ACH payments of at least $150 monthly within that time period.
Sovereign Bank Sovereign Goal Savings Account $12.50 to $125 Establish one or more recurring automatic transfers per month from any account (including the Sovereign Checking Account). Bonus earnings depend on the savings boost that you achieve in your account.
Sovereign Bank Sovereign Checking Accounts $50, $75 & $100 Establish both a checking and savings account (called a checking package) by 8/31/11. Enroll in online banking and make at least 5 purchases via your debit card by 10/31/11. You’ll receive your bonus by 11/15/11. Get $100 for a Premier Checking Package, $75 for Preferred Checking and $50 for Classic Checking. Minimum deposit is $25 for checking and $10 for savings.
Citibank Citibank & Citigold Checking Accounts $50 & $100 Expires 12/31/2011. Citibank Checking can earn you $50 while Citigold Checking could yield you an extra $100. You’ll need to maintain an average daily balance of $1,000 for 30 days.
WTDirect Bank WTDirect High Yield Savings Account Up To $150 Promo has expired.
  1. Open a WTDirect High Yield Savings Account.
  2. Fund your account with at least $10,000 up to a given deadline.
  3. Keep your funds in your WTDirect account through a given deadline. Your account must remain open and in good standing during this time.
  4. Earn a cash sign up bonus of up to $150 based on these parameters:
    • $50,000 balance earns a $150 bonus
    • $40,000 balance earns a $100 bonus.
    • $30,000 balance earns a $75 bonus.
    • $20,000 balance earns a $50 bonus.
    • $10,000 balance earns a $25 bonus.
  5. Your bonus will be credited to your account on or around a given date.

As mentioned, these bonuses are available once in a while and for a limited time only. Remember that the sign up bonus is only available to new customers during those periods when the promotion is active.

That’s it! Happy saving folks! :)

Created July 8, 2009. Updated August 11, 2011. Copyright © 2011 The Digerati Life. All Rights Reserved.

{ 2 comments… read them below or add one }

Adam Smith July 11, 2009 at 9:29 pm

Looks good if you’ve got a large enough deposit. I wish I had the money.

trevor July 17, 2009 at 2:44 am

I don’t like the way they only offer these deals to new customers. Why don’t they reward existing customers. I think that if you can make money through a bank at the minute you are doing well.

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