Top 8 Bank Promotions and Bonuses to Earn Extra Cash

 Top 8 Bank Promotions and Bonuses to Earn Extra Cash

Savings accounts aren’t exciting, but they’re necessary—and they can also be lucrative if you go in with the right mindset. Some of the best bank promotions are available to everyone, while others are exclusive to people who live in certain states or have certain types of credit cards or checking accounts at those banks. Here are the best bank promotions and bonuses that you can get right now to earn extra cash in your savings account while enjoying other perks, too.

1) Chase $200 Checking Bonus

To earn the $200 bonus, open a new Chase Total Checking account and set up direct deposit. Once you've completed those steps, you'll receive the bonus within 10 business days. Just be sure to keep your account open for at least six months or you'll have to pay back the bonus. The only caveat is that this offer isn't available in all states. You can find out which ones are eligible by checking this link here. If your state isn't listed as an eligible state, you're free to close the account after opening it but before receiving the bonus. A word of caution though: closing an account will also make it ineligible for future bonuses and incentives so if you plan on staying with Chase, don't close it until after receiving the bonus.

2) Wells Fargo Up to $400 Checking Bonus

New and existing customers can earn a $400 bonus from Wells Fargo when they open a new checking account and complete qualifying activities. To qualify, you must deposit at least $25 within 10 days of opening your account, set up direct deposit, and make 10 transactions with your debit card within 60 days. Once you’ve met these requirements, the $400 bonus will be deposited into your account within 120 days. If you're not able to meet all of the requirements for this promotion, then you can still get a $200 bonus for just setting up direct deposit and making six transactions within 60 days. Plus, Wells Fargo offers other ways to earn cash back rewards on everyday purchases such as groceries or gas. For every one dollar spent in these categories, they'll give you 10% back as long as it's done using your eligible mobile device!

3) U.S. Bank $200 Checking Bonus

U.S. Bank is currently offering a $200 bonus when you open a new qualifying checking account and complete certain requirements. This is one of the best bank bonuses available right now, so if you’re in the market for a new checking account, this is a great option to consider. The requirements are fairly easy to meet and include opening an Everyday Checking account online or in person with funds at least $100 and completing five purchases with your debit card within 60 days of opening the account. To qualify for the full $200 bonus, those purchases must be made within 30 days of opening your account. You can also earn an extra $25 by using your debit card with Apple Pay or Google Pay before making any other transactions within 60 days of opening your Everyday Checking Account.

4) Capital One 360 Checking Bonus

This offer is for a $200 bonus when you open a new 360 Checking account and deposit at least $1,000 within the first 30 days of account opening. Plus, you'll need to maintain a balance of $1,000 or more for 60 days from when the deposit posts. Once you've met these requirements, the bonus will be deposited into your account within 10 business days. This is a great way to earn some extra cash, just for opening a new checking account! The requirements are reasonable, with the bonus being paid out after only two months of maintaining the minimum balance. The bank also offers 360 Savings (currently paying 2.00% APY) and Capital One credit cards (interest rates as low as 9.90% APR).

5) BBVA Compass $200 Checking Bonus

BBVA Compass is currently offering a $200 bonus when you open a new checking account and meet certain requirements. To qualify, you must open your account by March 31st and deposit at least $25 within 60 days of account opening. Once you've met these requirements, the $200 bonus will be deposited into your account within 90 days. This is a great way to earn some extra cash, so be sure to take advantage of this offer while it lasts! The best part about this offer is that there are no qualifications required in order to get the bonus. You just need to meet the deadline and make one deposit - it's as easy as that! It doesn't matter how much money you put in or what type of account you decide on either; they'll still give you an extra $200 in your pocket! For more information on qualifying for this promotion, click here .

6) SunTrust Up to $300 Checking Bonus

If you're looking for a new checking account, SunTrust is currently offering a sign-up bonus of up to $300. To qualify, you must open a SunTrust checking account and make at least $3,000 in direct deposits within 60 days of account opening. Once you've met those requirements, you'll receive $200 deposited into your account. Plus, if you maintain a balance of at least $1,500 for three consecutive months, you'll earn an additional $100 bonus.

7) EverBank Up to $350 Checking Bonus

EverBank is currently offering a $350 bonus for new customers who open a qualifying checking account and meet certain requirements. To earn the bonus, simply open a new EverBank checking account online and fund it with at least $1,500 within 60 days of account opening. Once you've met these requirements, the bonus will be deposited into your account within 30 days. Plus, there's no monthly maintenance fee to worry about with this account.

8) CIT Bank Up to $500 Savings Account Bonus

CIT is currently offering a savings account bonus where you can earn up to $500. To qualify, simply open a new CIT Savings Builder account with at least $100 and maintain that balance for 90 days. Once you meet the requirements, the bonus will be deposited into your account within 10 business days. This is a great way to boost your savings, so if you're looking for a new bank, CIT is definitely worth considering. You also have the opportunity to earn an extra $10 per month by signing up for paperless statements, which helps cut down on monthly fees. Plus, this bank offers competitive interest rates and free online banking - both of which are key features in my book!