The Best Bank Bonuses and Promotions of 2016

Updated January 16, 2017
by Kyle Taylor
Founder
sign-up bonus

Disclosure: This post includes affiliate links. We’re letting you know because it’s what Honest Abe would do. After all, he is on our favorite coin. For more information, visit our Advertiser Disclosure page here

Ready for a new bank account? You might be after you see these bonuses.

Each of these awesome checking and savings accounts will give you huge sign-up bonus — just for creating your account.

1. TD Bank – Earn $200 When You Open a New Premier Checking Account

  • Visit this TD Checking® page and enter your city and state. (Note: This account is not available in every state.)
  • Click the orange “open account” button and follow the instructions to open a TD Premier CheckingSM.
  • There’s no minimum to open an account, but if you maintain a $100 daily average balance, TD Bank will waive the monthly fees.
  • Receive a total of $2,500 or more via direct deposit into your new account within 60 days of opening.
  • The bonus $200 will be deposited to your account within 95 days of opening.

Or…

2. TD Bank – Earn $100 When You Open a New Convenience Checking Account

  • Visit this TD Checking® page and enter your city and state. (Note: This account is not available in every state.)
  • Click the orange “open account” button and follow the instructions to open a TD Convenience CheckingSM.
  • There’s no minimum to open an account, but if you maintain a $100 daily average balance, TD Bank will waive the monthly fees.
  • Receive a total of $500 or more via direct deposit into your new account within 60 days of opening.
  • The bonus $100 will be deposited to your account within 95 days of opening.
  • You must open the account online from this web page only. Just enter your location info and scroll down past the Premier CheckingSM account.

3. Chase – Earn a $200 Bonus When You Open a New Checking Account and an Additional $150 Bonus When You Open a Savings Account*

Visit this Chase Total Checking® page and enter your email address to get a unique coupon. You’ll need this coupon in order to get the bonus.

  • Just bring your bonus coupon to any Chase branch to take advantage of this offer. It expires on 1/15/17, so you’ll need to complete the application before then.
  • Get a $200 bonus when you open a new Chase Total Checking® account and set up direct deposit. You must make the direct deposit into your account within the first 60 days.
  • Get a $150 bonus when you open a new Chase Savings(SM) account, deposit a total of $10,000 or more in new money within 10 days, and maintain a $10,000 balance for 90 days. You’re not required to open the savings account to earn the $200 Chase checking bonus.

Good luck, Penny Hoarders! Your Turn: Have you found any great bank sign-up bonuses in 2016? Share them in the comments!

*Chase Fine print:

Checking offer is not available to existing Chase checking customers, those with fiduciary accounts, or those whose accounts have been closed within 90 days or closed with a negative balance. To receive the $150 checking bonus: 1) Open a new Chase Total Checking account, which is subject to approval; 2) Deposit $25 or more at account opening; AND 3) Have your direct deposit made to this account within 60 days of account opening.  Your direct deposit needs to be an electronic deposit of your paycheck, pension or government benefits (such as Social Security) from your employer or the government. After you have completed all the above requirements, we’ll deposit the bonus in your new account within 10 business days. You can only receive one new checking account-related bonus per calendar year. Bonus is considered interest and will be reported on IRS Form 1099-INT. **Account Closing: If your checking account is closed within six months after opening, we will deduct the bonus amount at closing.

Editorial Disclosure

This content is not provided or commissioned by the bank advertiser. Opinions expressed here are author’s alone, not those of the bank advertiser, and have not been reviewed, approved or otherwise endorsed by the bank advertiser. This site may be compensated through the bank advertiser Affiliate Program.  

by Kyle Taylor
Kyle is the founder of ThePennyHoarder.com

Share Your Thoughts

Top Articles