Top Bank Account Incentives Offered in May 2025
Wanting to open a new checking or savings account? Some banks are offering a sweet deal right now - you could earn up to $3,000 as a bonus! Compare these bank account bonuses to find the best deal for you, and don't forget to check out other incentives like bonuses for opening a brokerage account.
Just remember that each bank has its own terms and conditions for who is eligible to earn a bonus, so be sure to check their website to see if you qualify. Here are some top account bonuses to choose from:
Best Checking Account Bonuses
- Chase (Private Client): $3,000 bonus
- Huntington National Bank: Up to $600 bonus
- PNC Bank: Up to $400 bonus
- Bank of America: $300 bonus
- KeyBank: $300 bonus
- Wells Fargo: $300 bonus
- SoFi: up to $300 bonus
- Chase Bank (Total Checking): $300 bonus
- Chase Bank (College/Secure Checking): $100 bonus
- TD Bank: Up to $300 bonus
- Capital One: $250 bonus
- M&T Bank: Up to $200 bonus
- KeyBank: $100 annual bonus
Best Savings Account Bonuses
- CIT Bank: Up to $300 bonus
- TD Bank: $200 bonus
- Alliant Credit Union: $100 bonus after a year
- BMO: Up to $60 bonus during the first year
Best Business Bank Account Bonuses
- Huntington National Bank: up to $1,000 bonus
- PNC Bank: Up to $1,000 bonus
- Axos Bank: Up to $400 bonus
Now, let's take a closer look at the top consumer checking account promotions:
Chase Bank (Private Client)
You can earn up to $3,000 by opening a Chase Private Client Checking account or upgrading from another Chase checking account. The bonus amounts are:
- $1,000 for depositing between $150,000 and $249,999
- $2,000 for depositing between $250,000 and $499,999
- $3,000 for depositing more than $500,000
Keep your money deposited for 90 days to earn the bonus. Note that you could earn more money in the same amount of time by depositing your funds in a high-yield savings account. For instance, $150,000 in a high-yield account that earns 4% APY will earn over $1,900 in interest in four months, compared to the $1,000 bonus you'd get here after keeping your money deposited for about that long.
Huntington National Bank
Huntington Bank currently offers two personal checking account bonuses:
- $400 for opening the Perks Checking Account and receiving at least $500 worth of qualifying direct deposit within 90 days
- $600 for opening a Platinum Perks Checking account, depositing at least $25,000 in new-to-Huntington funds, and keeping the account open for at least 90 days.
These bonuses are only available to residents of Colorado, Illinois, Indiana, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, West Virginia, and Wisconsin.
PNC Bank
You can earn either a $100, $200, or $400 bonus with a new Virtual Wallet account, depending on which tier of account you want to open:
- Virtual Wallet: Earn $100 by opening this account and getting qualifying direct deposits of at least $500.
- Virtual Wallet with Performance Spend: Earn $200 by opening this account and receiving qualifying direct deposits of $2,000 or more.
- Virtual Wallet with Performance Select: Earn $400 by opening this account and receiving qualifying direct deposits of $5,000 or more.
All these accounts charge fees, though they are waivable. Also, these bonuses are not available in all locations, so enter your zip code on the PNC website to see what accounts and bonuses are available in your area.
Bank of America
You can earn a $300 bonus for opening one of three eligible Bank of America checking accounts: Advantage Relationship Banking, Advantage Plus Banking, or SafeBalance Banking account. Requirements to earn the bonus include opening the account and receiving at least $2,000 worth of eligible direct deposits into the new account within the first 90 days of opening the account.
KeyBank
You can earn a $300 bonus for opening a new Key Smart Checking account and making at least one direct deposit of at least $1,000. Requirements to earn the bonus include opening a Key Smart Checking account and making one direct deposit of at least $1,000 within the first 60 days of opening the account.
These bonuses are enticing, but always remember to read the fine print and make sure the terms and conditions fit your financial situation before signing up. Good luck finding your perfect bank account!
- In the realm of finance, opening a new checking account could earn up to $3,000 as a bonus from Chase Bank's Private Client Checking account, while savings accounts may offer incentives like CIT Bank's up to $300 bonus.
- The banking and insurance industry presents various business accounts with lucrative bonuses. For instance, Huntington National Bank offers a business account bonus of up to $1,000, and PNC Bank offers a similar bonus, both for new account holders.
- For those focused on personal-finance management, it's essential to compare banking options, considering account bonuses, fees, and other incentives like brokerage account bonuses, to find the best fit for one's financial goals.
