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Top bank account incentives to claim in May 2025

Banks Offer Cash Incentives for Creating New Checking or Savings Accounts: Adhering to their stipulations might net you several hundred dollars.

New checking or savings account opening offers may provide you with a cash reward. Adhering to the...
New checking or savings account opening offers may provide you with a cash reward. Adhering to the bank's conditions can potentially net you several hundred dollars.

Top bank account incentives to claim in May 2025

For those hunting for a fresh financial start, you'll be pleased to know that multiple banks are offering substantial incentives to open new checking or online savings accounts. Some banks are providing as much as an additional $3,000 for checking account bonuses or savings account bonuses. To help you weigh your options and find the best deal, compare these bank account bonus offers, and don't forget to check out other tempting incentives, like bonus offers for opening a brokerage account.

Just remember: Each bank has its own rules for who qualifies for these bonuses, so check out the bank's website to determine your eligibility.

Top Checking Account Bonuses

  • Chase Private Client: Up to $3,000 bonus
  • Huntington National Bank: Up to $600 bonus
  • BMO: $400 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

Top Savings Account/Money Market 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

Top 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

A Closer Look at the Top Consumer Checking Account Promotions

Chase Bank (Private Client)

  • You can earn up to $3,000 for opening a Chase Private Client Checking account or upgrading to it from a different Chase checking account.
  • Bonus amount: $1,000, $2,000 or $3,000

Expiration date: July 16, 2025

Requirements to earn the bonus: Have a meeting with a Private Client Banker to open a new Chase Private Client Checking account or upgrade an existing account. Then, deposit new funds into the new account or a combination of the new account, a Chase savings account, or eligible J.P. Morgan Wealth Management accounts. Earn $1,000 for depositing between $150,000 and $249,999; earn $2,000 if you deposit between $250,000 and $499,999; earn $3,000 if you deposit more than $500,000. Your balance 45 days after opening the account will determine your bonus amount. You must also keep your money deposited for 90 days.

When you'll get it: Within 40 days after meeting the requirements.

  • You could earn more, 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 percent APY will earn you 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.

Also, note that the Chase Private Client checking account has a $35 monthly maintenance fee, though there are a few ways to waive it, like keeping at least $150,000 more in the account.

Huntington National Bank

  • Huntington Bank currently offers two personal checking account bonuses - $400 for opening the Perks Checking Account and $600 for opening a Platinum Perks Checking account.
  • Bonus amount: $600 or $400

Expiration date: July 7, 2025

Requirements to earn the bonus: Earn $400 when you open a Perks checking account, receive at least $500 worth of qualifying direct deposit within 90 days, and keep the account open for at least 90 days. Or, earn $600 by opening a Platinum Perks Checking account, deposit at least $25,000 in new-to-Huntington funds, and keep the account open for at least 90 days.

When you'll get it: 14 days after meeting all the requirements above.

  • These bonuses are valid only for residents of Colorado, Illinois, Indiana, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, West Virginia, and Wisconsin.

Take advantage of these exciting bank account bonuses and enjoy the extra cash in your pocket!

  1. In the banking-and-insurance industry, several financial institutions are offering attractive incentives for opening new checking accounts, providing bonuses up to $3,000, such as Chase Private Client, Huntington National Bank, BMO, PNC Bank, Bank of America, KeyBank, Wells Fargo, SoFi, and Chase Bank (Total Checking).
  2. For those who prefer savings accounts, some institutions offer substantial bonuses as well, like CIT Bank with up to $300, TD Bank with $200, and Alliant Credit Union with $100 after a year.
  3. Business owners can also benefit from these offers, with banks like Huntington National Bank, PNC Bank, and Axos Bank offering bonuses up to $1,000 for opening business bank accounts.

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