Best 5 Bank Account Promotions 2020
Best 5 Bank Account Promotion & Offers 2020
About the Bank Promotion
The bank promotion is consisting of the cash bonuses when you open new savings or checking account. To get qualified for the one-time perk, you have to set up a direct deposit with the bank.
Top Bank Account Promotions:
HSBC Advance Checking: $200 Bonus
What you’ll get: $200.
How to get it:
You just have to open an HSBC Advance Checking account from the promotional page and make a direct deposit at least $500 into your account. You have to maintain the balance of at least 3 calendar months to get the bonus. Make sure to open your account and don’t change to a product with the lower balance requirements.
How to qualify:
You must not have an HSBC consumer account from June 29,2017, to June 29, 2020, to get qualified.
Monthly Fees:
For monthly fees, you will be charged $25 monthly. You can avoid the monthly fees just by maintaining a $5,000 daily balance in combined personal and investment accounts. You can also make a monthly direct deposit from a third party, in order to avoid the monthly fees.
Chase Total Checking: $200 Bonus:
What you’ll get: $200
How to get it:
You have to open a Chase Total Checking account online or in-person using the coupon emailed to your promotional page. To open the account, you will require a direct deposit into your account within 90 days. You have to keep your account open at least for six months. Otherwise, the amount will get deducted from your account at account closing.
How to qualify:
If you have a checking account within the last 90 days or not have closed an account with a negative balance, then you might not get qualified for the Chase Total Checking account.
Monthly Fee:
For the maintenance fees, you will be charged $12 monthly. You can avoid this monthly fee by having monthly direct deposits of $500 or more. You can also avoid the monthly fees by maintaining a $1,500 minimum daily balance.
Chase Premier Plus Checking: $300 Bonus:
What you’ll get: $300
How to get it: To open a Chase Premier Plus Checking account, you must have a qualifying direct deposit into your account within 90 days from the day of your account opening. The Chase Premier Plus Checking account can be open, either in online or in-person using the promotional page. You get the bonus amount you must keep your account open for at least six months. Otherwise, at closing your account, the bonus amount may be deducted from your account.
How to get qualify:
Make sure, you don’t have a Chase Checking account within the last 90 days or had an account, that you have closed with a negative balance.
Monthly fee:
For the maintenance fees, you will be charged $25 monthly. You can simply avoid the monthly fees by maintaining an average daily balance of $15,000.
Bank of America Advantage Banking: $100 Bonus:
What you’ll get: $100
How to get it:
You can open a BOA Advantage SafeBalance, Plus, or Relationship banking checking account through the promotional page. While opening your account, use the code PSR100CIS. To keep your SafeBalance account open, you have to deposit at least $25 to your account. Or for the Plus or Relationship account, you have to deposit $100. Also, you must have to receive two qualifying direct deposits within the first 90 days of your account opening, at least $250.
How to qualify:
Within the last six months, you can’t hold a BOA personal checking account as the owner or co-owner.
Monthly Fee:
- BOA Advantage SafeBalance Banking checking:
For the maintenance fees, you will be charged $4.95 per month and it will be waived as long as you are enrolled in Preferred Rewards.
- BOA Advantage Plus Banking Checking:
The maintenance fees will be $12, which will be waived after the qualifying direct deposit of at least $250 each month.
- BOA Advantage Relationship Banking:
For the maintenance fee, you will be charged $25, which will be waived with at least $10,000 in combined balances each statement cycles.
Also Read : Access More Information About Chase’s 5/24 Rule Online
SunTrust Essential Checking: $200 Bonus:
What you’ll get: $200
How to get it:
By opening a SunTrust Essential Checking account, you can earn $200. While opening the checking account, be sure to use the code Q320ESSENTIAL. In case, if your Essential account is linked with another personal checking account, you might not get the bonus. To receive the bonus, you must have at least $0.01 on your account.
How to qualify:
If you have a personal checking account with SunTrust earlier, then you might not get eligible for the SunTrust Essential Checking account.
Monthly fee:
Monthly, you have to pay $7 for the maintenance fees, which will be waived with 10 or more client-initiated transactions. Also, making a qualifying direct deposit of $500 or more can waive your monthly fees.
Conclusion:
It is very difficult to choose a bank that suits your needs, whether it is an interest-bearing account, online banking features, or no fees account. But it will be great when you are getting good banking with a big bonus. So, the above-mentioned bank offers come with some great bonuses with some other benefits.
