Having a bank account is very important these days. Bank accounts are needed for direct depositing paychecks, paying bills, and making large purchases when you do not want to carry a lot of cash. If you haven’t already, it’d be a great idea to open up Online Checking Accounts. There are thousands of different bank accounts available throughout the financial industry today and many of these accounts have features that make them more or less suitable for your current financial needs. To entice more consumers into opening accounts at their institution, many banks are now offering a cash bonus for opening a bank account with them. Here are some of the banks that are offering a cash bonus for opening a bank account.
Chase Bank Checking Account Bonus Program
Chase Bank is offering new account holders a cash bonus of up to $300 for opening a checking account with the bank. To get the bonus, the checking account must be funded with direct deposits from an employer or another account that’s not your own. There is no minimum balance required for the checking account, but additional fees are charged unless you maintain a daily minimum balance of $1,500 or direct-deposit at least $500 a month into the account. Chase is offering this promotion in select regions and mailing out postcards to potential customers in those regions to alert them to the offer available.
Santander Bank Extra20 Checking Account Program
The Santander Bank Extra20 checking account gives account holders the chance to earn an additional $20 each month added to their linked Extra20 savings account. To receive the $20 monthly cash bonus, the account holder must have direct deposits of $1500 or more within service fee period for a $10 credit and pay two bills with their online or mobile BillPay feature monthly to receive the other $10. That is an additional $240 a year added to the savings account just for following the program’s rules.
Fidelity Investments Individual Retirement Account Matching Program
Fidelity Investment has launched a program when they will match a portion of your contribution to an individual retirement account (IRA) for three years for transferring assets from a traditional, Roth or rollover IRA invested with another company to Fidelity. After your initial transfer, Fidelity will match new contributions based on the amount of the initial transfer. Account holders can get a match of between 1 percent to 10 percent of the new contributions after transferring between $10,000 and $500,000 into the new account.