In response to increasing competition in the banking industry, many banks are now enticing new customers with attractive offers, such as $2,000 bonuses for opening a free account. This trend reflects the banks’ strategy to expand their customer base and encourage loyalty. These generous bonuses serve as a powerful incentive for individuals to consider switching their banking relationships. Search the options below to explore opportunities suited for you!
Bank of America:
Bank of America is offering a generous savings account bonus to new customers who meet specific criteria. By opening a Bank of America Advantage Savings account and maintaining a minimum balance of $10,000 for the first three months, customers can earn a cash bonus of $250. This bonus is an excellent incentive for individuals looking to park their savings in a reliable and well-established bank.
Chase:
Chase is renowned for its enticing sign-up bonuses, and their savings account promotion is no exception. New customers who open a Chase Savings account and deposit at least $10,000 within the first 20 business days can earn a cash bonus of $200. Additionally, maintaining a balance of $10,000 for at least 90 days is required to qualify for the bonus. This offer from Chase is a great way to kickstart your savings journey with a substantial reward.
Citibank:
Citibank is stepping up its game in 2023 by offering an attractive savings account bonus. To earn a cash bonus of $500, customers need to open a Citi Accelerate Savings account and deposit a minimum of $50,000 within 30 days of account opening. Maintaining this balance for 60 consecutive days will make them eligible for the bonus. While the required deposit is higher, the substantial bonus makes it an enticing offer for those with larger savings.The CitiGold Checking account can even deliver a $2,000 bonus depending on the deposit size.
Discover Bank:
Discover Bank is known for its competitive interest rates, and it’s not lagging when it comes to bonuses. New customers can earn a cash bonus of $150 by opening a Discover Online Savings Account and depositing at least $15,000 within 30 days of account opening. The Discover Online Savings Account also comes with no monthly fees and offers a high annual percentage yield (APY) to help your savings grow faster.
Ally Bank:
Ally Bank is offering a limited-time savings account bonus for new customers. By opening an Ally Online Savings Account and depositing $10,000 within the first 60 days, customers can earn a cash bonus of $200. With no monthly maintenance fees and a competitive APY, the Ally Online Savings Account provides an excellent platform to bolster your savings.
Wells Fargo:
Wells Fargo is enticing new customers to open a Way2Save Savings account by offering a cash bonus of $250. To qualify, customers need to make a minimum opening deposit of $15,000 and maintain that balance for 90 days. The Way2Save Savings account also comes with features like automatic savings transfers, helping you build your savings effortlessly.
PNC Bank:
PNC Bank is offering a substantial bonus for customers opening a Virtual Wallet with Performance Select savings account. By depositing at least $10,000 within the first 60 days, customers can earn a cash bonus of $300. The Virtual Wallet also provides valuable financial tools to help manage your money effectively.
U.S. Bank:
U.S. Bank is sweetening the deal for new customers by offering a $300 bonus. To qualify, customers need to open a Platinum Select Money Market Savings account and maintain a balance of $10,000 for 90 days. The Platinum Select Money Market Savings account comes with the added benefit of check-writing privileges.
HSBC:
HSBC is offering a sizeable cash bonus to new customers opening an HSBC Premier Savings account. By depositing a minimum of $75,000 within the first 30 days, customers can earn a cash bonus of $450. The HSBC Premier Savings account provides personalized banking solutions and access to exclusive perks for qualified customers.
Capital One:
Capital One is making a splash in 2023 with a $500 cash bonus offer. By opening a Capital One 360 Performance Savings account and depositing a minimum of $50,000 within 10 days of account opening, customers can earn this significant bonus. The Capital One 360 Performance Savings account also offers a competitive APY, making it a compelling choice for savers seeking higher returns.
In 2023, various banks are vying for the attention of savers with enticing savings account bonuses. From cash rewards to higher interest rates, these bonuses can significantly boost your savings journey. By evaluating the specific criteria, minimum deposit requirements, and bonus amounts, you can make informed decisions and capitalize on the best savings account bonuses available. Whether you’re starting your savings or looking to grow your existing funds, these offers provide an excellent opportunity to earn extra cash and set yourself on the path to financial success. Remember to carefully read the terms and conditions of each offer to ensure you qualify for the bonus and enjoy the full benefits of these enticing promotions.
