As 2019 comes to a close, many readers are reviewing their personal finance resolutions, and for some, changing banks is high on the list. No need to wait until January, there are a few attractive checking account options you can take advantage of before Christmas. Here are the top five national bank account offers right now.
Chase is offering new customers up to $200 if you establish a new checking account relationship with them. The Chase Total Checking account promotion requires you have your direct deposit made to your new account within 90 days of opening. Your direct deposit must be electronic deposit of your paycheck, pension, or government benefits (i.e Social Security). Once you have completed those requirements, you should receive your bonus within 10 business days.
TD Bank’s Beyond Checking Account is quickly becoming one of their most popular offerings, and new customers can earn $300 when they have direct deposits of $2,500 or more within 60 days of opening your new account. TD Bank has over 1200 branch locations across much of the East Coast.
PNC Bank’s Performance Checking account can be opened online or in one of their branches, and you can earn $200 once you establish qualifying direct deposits of $2,000 or more and make at least 10 purchases with your new PNC Visa debit card within the first 60 days.
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Wells Fargo’s Everyday Checking account can be opened online, and you can earn a $400 bonus when you have a minimum opening deposit of $25 to fund your account, as well as have direct deposits totaling $3,000/month for 3 consecutive months. Your bonus will be deposited into your account 45 days after opening.
*Note – this is only available online and expires December 31, 2019.
Bank of America
New Bank of America customers can earn $100 when you open an Advantage Plus Banking account, make an initial deposit of $100, and have two direct deposits of $250 or more each into your new account. You will receive your bonus deposited into your account 60 days after meeting the requirements. This offer expires December 31, 2019.
As you can see, some of the largest banks in the country have some attractive checking account promotions for new customers. How a “new customer” is defined may vary from one bank to another, so if there is any question about that, we suggest reaching out directly to the financial institution. We also should note that now Suntrust and BB&T have officially merged, we will likely see some healthy promotions from the newly formed Truist Bank in 2020.