8 Best New Bank Account Bonuses and Promotional Offers for February 2023

Are you looking for a new bank account bonus or promotion? Check out our list of the best offers for February 2023. From $100 bonuses to free checking and savings accounts, there’s something for everyone.

Whether you’re a millennial or a member of Generation Z, we’ve got you covered. So what are you waiting for? Start shopping around and find the perfect bank account bonus for you!

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1. Bank of America – $100 Cash Bonus for a New Checking Account

Bank of America Advantage Banking offers a convenient and flexible checking account with three distinct settings: Advantage SafeBalance, Advantage Plus, and Advantage Relationship. Select the one that is suitable for your current lifestyle, or if things change – no worries! Just switch to another setting to accommodate the new you. It’s as easy as it gets!

Accessible, Anytime Service: Visit Bank of America at over a thousand financial centers and ATMs across the country – convenience is just around the corner!
24/7 Security: With Total Security Protection® and fraud monitoring, rest assured that you receive round-the-clock security. Our services include secure sign-in, card-locking features, and much more to keep your data safe from any potential threats or malicious activity.
Make Payments Easier and More Accessible: For a smoother, faster transaction experience, opt for your debit card or digital wallet.
Streamline Your Finances with Smart Money Management Tools: Create personal notifications and savings objectives to unlock exclusive discounts and rewards personalized for you.
Fraudulent Transactions: With Bank of America’s $0 Liability Guarantee, you have nothing to worry about if there are any unauthorized transactions made using your consumer debit card; just make sure that you report them quickly!
Debit Card Controls: Instantly lock a misplaced card with ease to help protect against unauthorized use temporarily.
Receive personalized notifications and alerts: Keep on top of your finances with personalized notifications and alerts. Be informed immediately when something important changes in your account, such as a sudden drop in balance or an approaching bill payment. Get these updates sent right to you via email or text message – all customized according to what matters most to you!

2. Chase – $200 Cash Bonus for New Checking Accounts

Unlock a $200 bonus when you open up a new Chase Total Checking® account and initiate direct deposit within 90 days of enrolling in the coupon program. You’ll see your reward arrive within 15 business days!

Every month, there is a $12 fee; however, you can waive it if any one of the following conditions are met in your monthly statement:

3. Citi® Bank – Up to $2,000 Cash Bonus

Now is your chance to take advantage of this incredible opportunity! Open a Citi® Priority Account and fulfill all necessary requirements, then receive up to $2,000 in bonus checking account money. Time is limited – don’t miss out on this amazing offer!

Open a new eligible Citi® Priority checking account from now until April 4, 2023.
To qualify for the offer, you must deposit a minimum amount of new funds within 20 days of opening your Citi checking and savings accounts.
To maintain eligibility for the promotional offer, ensure your balance between the two accounts is equal to or greater than your initial deposit for 60 days following 21 calendar days.
Should your balance dip to a lower tier at any time during the maintenance period, you will be subject to different bonus changes.

The bonus tiers are as follows:

$200: Minimum deposit and minimum balance between $10,000 and $29,999
$500: Minimum deposit and minimum balance between $30,000 and $74,999
$1,000: Minimum deposit and minimum balance between $75,000 and $199,999
$1,500: Minimum deposit and minimum balance between $200,000 and $299,999
$2,000: Minimum deposit and minimum balance greater than $300,000

When you have achieved every eligible activity, this reward will be credited to your account within 30 days. To get the special offer, please use the link provided below and make an application!

To avoid paying the $30 monthly service fee on the Citi® Priority Account Package, you must maintain a steady balance of at least $30,000 in all associated accounts with Citi, including linked deposit and investment or retirement accounts.

4. U.S. Bank Smartly™ Checking – Up to $300 Bonus

Unlock a bonus worth up to $300 when you open a new U.S. Bank Smartly™ Checking account! It’s simple: just complete qualifying activities within 90 days of opening your account and voilà – the bonus is yours!

Open your new account before February 28th, 2023, to take advantage of our exclusive offers.
Take your banking to the next level and join online or mobile banking.
Get started with a minimum of two direct deposits totaling $5,000 or more to be rewarded with an incredible bonus of $200.

Start earning extra today with a Standard Savings account! Open the new account by February 28th, 2023 and make sure that deposit(s) totaling $15,000 or more are completed before March 31st. If you can maintain a total balance of at least $15,000 until June 30th , then you’ll be eligible for an additional reward of $100!

You must reside in AZ, AR, CA, CO, ID, IL, IN, IA, KS, KY, MN, MO, MT, NE, NV, NM, NC, ND, OH, OR, SD, TN, UT, WA, WI, or WY to be eligible for a new Bank Smartly™ Checking account.

Member FDIC.

Moving forward, take advantage of these remarkable features and perks:

You don’t have to worry about pricey ATM transactions or surcharge fees with U.S Bank and MoneyPass® Network ATMs.
Streamline your finances with U.S. Bank’s highly-rated mobile app, featuring automated budgeting tools to help you manage cash flow effortlessly.
Speed up your payments with Zelle® – the faster and smarter way to pay.
Link your qualified deposit account to unlock the perks of no-fee overdraft protection transfers, a $50 Overdraft Fee Forgiven program.
Unlock exclusive rewards and added benefits with U.S. Bank Smart Rewards™.

6. Fifth Third Checking – Earn a $325 Cash Bonus

Don’t wait another minute to take advantage of this incredible limited-time offer! Open a new eligible Fifth Third checking account today, and complete the qualifying activities to receive an astounding $325 cash bonus.

Let’s take a look at how it works:

Open your new eligible account before March 31, 2023.
Activate your offer instantly at the click of a button with “Open an Account” on the landing page, or enter your email to get $325 off when you visit any Fifth Third branch in person.
To be eligible for the promotion, make at least $500 of qualifying direct deposits within three months from account opening.

Keep an eye out for the $325 bonus to appear in your account 10 days after you have completed qualifying activities. It’s that easy!

Going forward, benefit from the extraordinary Fifth Third Momentum® Banking perks including:

Completely transparent fees – you pay what you see.
Enjoy the freedom of no minimum balance.
Take advantage of extra time to steer clear of costly overdraft fees.
Jumpstart your finances with Early Pay and get access to funds up to two days earlier than the regular pay date, all for free!

7. TD Bank Beyond Checking – $300 Cash Bonus

Get a $300 cash bonus when you open your new TD Bank Beyond Checking account and make direct deposits of more than $2,500 within 60 days! US residents can apply now to take advantage of this incredible offer. Don’t wait – visit the website today to get started on your path towards financial success.

With TD’s Beyond checking account, you can waive the typical $25 monthly maintenance fee with just three simple activities: making direct deposits of at least $5,000 each month; maintaining a minimum daily balance of $2,500; or having a combined total balance amounting to no less than $25,000 across all your eligible TD accounts.

This offer is available to residents of the following states: CT, DE, DC, FL, ME, MD, MA, NH, NJ, NY, NC, PA, RI, SC, VT, VA.

8. PNC Virtual Wallet – Up to $400 Bonus

Take advantage of an incredible deal! Open a new PNC Virtual Wallet by March 31, 2023 and you will receive up to $400 as a bonus. To maximize your bonuses, simply adhere to the following requirements:

Open a new PNC Virtual Wallet and earn $50 when you set up qualifying direct deposits of at least $500 to your Spend account.
Unlock $200 when you open a PNC Virtual Wallet with Performance Select and set up total qualifying direct deposits of at least $2,000 to the Spend account.
Discover the financial benefits of opening a PNC Virtual Wallet with Performance Select and receive $400 when you deposit a minimum of $5,000 in qualifying direct deposits to your Spend account.

In order to receive your bonus, you must have a qualifying direct deposit within the first 60 days. Your reward will be credited to eligible accounts between 60-90 days after all conditions are met. Don’t forget that your Virtual Wallet product needs to stay open in order for you to be rewarded!

This offer is available in CA, TX, AZ, NM, CO, PA, FL,OH, WV, DE, NJ, SC, NC, GA, KY, IN, MI, IL, MD, DC, WV, and WI.

If you’re located in AR, CT, ID, IA, KS, LA, ME, MA, MN, MS, MT, NE, NV, NH, ND, OK, OR, RI, TN, UT, VT, WA, WY you can receive a $200 bonus with the PNC Virtual Wallet Checking Pro account.

How to Choose the Right Bank Account for You and Your Needs?

Choosing the right bank account for your specific needs can be a challenging task. It’s important to consider all factors such as new checking account fees, minimum deposits required, online bill payments, and direct deposit options.

If you prefer banking at a local branch office, you can narrow your search by seeking out banks that offer good customer service and nearby branches with convenient hours.

However, if you are more comfortable with banking done completely online, then you want to look for accounts that provide great service for mobile apps or web-based banking.

Before selecting an account, it’s essential to research the details regarding fees and services each new checking account provides; make sure the math works in your favor so that you don’t get hit with unexpected charges down the line!

Tips on How to Make the Most of Your New Bank Checking Account

Opening a bank checking account is a great way to save money and keep track of your finances. However, having an account open isn’t enough–you’ll need to take advantage of all the features available in order to make the most out of it.

Many banks offer bank account bonuses and other incentives to entice new customers; take these into consideration when deciding which bank might be right for you.

Additionally, many banks allow free online banking so that you can access up-to-date account information at any time from wherever you are.

Finally, remember that some banks require a minimum deposit when opening the checking account; this usually varies between $100-$200 and is often returned as a bonus another time down the road!

FAQs about bank account bonuses and promotions

Are you wondering what bank account bonuses and promotions are all about? Banks often have special offers just for customers who switch to their bank or open a new bank account.

Typically, bank account bonuses require customers to do things like meet a minimum balance requirement or make a minimum deposit within a certain period of time.

In return, banks may offer bonus cash credits that can be deposited into the bank account. Promotions can include lower fees or higher interest rates as well, depending on which bank you choose. Exploring bank account bonuses is one great way to maximize your savings!

Other resources for finding bank account bonuses and promotions

In addition to researching bank account bonuses and promotions online, you can also ask your local banker for more information.

Additionally, keep an eye out for new offers in the mail or on social media; many banks will advertise their promotions directly to customers.

Finally, you can always opt-in to receive emails from various banks that are offering bonuses and promotions. By doing this, you’ll stay up-to-date on the latest offers available to you!

No matter which route you choose, make sure to read all of the details carefully before signing up for any bank account bonus or promotion.

Final Thoughts

In conclusion, if you’re looking for a new bank account but don’t know where to start, our list of the top 17 bank account promotions is a great place to begin.

Once you’ve narrowed it down by finding the right type of account with the best set of benefits, you can maximize your savings through tips and tricks that can help you save more.

If you are still unsure or need more information, take a look at the FAQ section and additional recommended resources so you can make an informed choice that meets both your personal financial needs and your lifestyle.

With the right promotion and bonuses, setting up a new bank account can be rewarding and definitely worth checking out!

8 Best New Bank Account Bonuses and Promotional Offers for February 2023 - The millennial money couple (2024)