Top 5 Bank Bonuses to Take Advantage of in 2023

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Every year, banks give customers bonuses to incentivize new signups and reward existing account holders for their loyalty. With so many financial institutions offering various incentives, banks have to stand out from the pack to attract new customers. This, of course, can be confusing to the average consumer with so many options available. To make things easier, here at StackStashers, we’ve done the heavy lifting for you. We’ve compiled a list of the top five bank bonuses to take advantage of in 2023. Stick to the end for a bonus tip to help maximize your bank bonus rewards.

Bank #1: Chase Total Checking – $200 Bonus

First on the list is Chase Total Checking. This bank offers a $200 bonus for new customers who

open an account and set up direct deposit within 90 days of opening their account. The Chase Total Checking account has a monthly service fee, but it can be waived for customers who complete one of the following:

  • Having a combined average of $500 in direct deposits per month
  • Maintain a minimum daily balance of $1,500 or more
  • Have an average beginning day balance of at least $5,000 in qualifying linked accounts.

This offer is set to expire on October 18th, 2023, so take advantage before then!

Bank #2: TD Bank Beyond Checking – $300 Bonus

This list wouldn’t be complete without the TD Bank Beyond Checking bonus. With TD Bank Beyond Checking, customers can receive up to $300 when they open a new account. This offer is valid for customers who make at least $2,500 in direct deposits within 60 days of opening the account.

The TD Bank Beyond Checking has no monthly fee, so you can take advantage of this bonus without worrying about hidden costs. It offers cash-back rewards on everyday purchases and waived ATM fees. This offer expires on August 31st, 2023, so don’t miss out!

Bank #3: Wells Fargo Everyday Checking – $300 Bonus

With Wells Fargo’s Everyday Checking, customers can get a $300 bonus when they open a new account. To qualify for the bonus, customers have a few options:

  • Set up direct deposits of at least $500
  • Have a $500 minimum daily balance within 60 days of opening
  • Link a Wells Fargo Campus Debit Card or Campus ATM
  • Must be 17 to 24 years old

The Wells Fargo Everyday Checking has a $10 monthly service fee, but the fee is waived if customers meet the requirements mentioned above.

Customers have stated the online process of opening their new accounts with Wells Fargo was quick and easy. If you’re looking for an easy way to get a bonus, then this could be the perfect offer for you.

This offer expires on September 26, 2023.

Bank #4: Discover Online Savings Account – $200 Bonus

Discover always seems to make the cut when it comes to the best bank bonuses, and this offer doesn’t disappoint. Customers can receive a $200 bonus by opening an Online Savings Account with Discover and following the requirements. Discover has access to over 50,000 ATMS which makes it easier for customers to access their funds.

With Discover, customers can set up automated transfers from their checking accounts to their savings. This means you don’t have to worry about manually transferring funds each month. Customers can also benefit from earning a 3.30% APY on their balances, and there are no monthly fees or minimum balance requirements

Bank #5: U.S. Bank Smartly Checking – $1000 Bonus

Enjoy a generous sign-up reward of up to $1000 once you open both a U.S. Bank Smartly™ Checking account and a Savings account!

Open a new account and earn a fantastic bonus of $300 when you make two or more direct deposits totaling between $5,000 -$9,999 within the first 60 days after opening your account. If your total direct deposit amount exceeds $10,000 in that same time frame, then the reward is bumped up to a whopping $500! To receive this offer, remember to enroll in either U.S. Bank’s online banking app or their mobile banking app.

Here’s your chance to get an extra $400! Open a Standard Savings account, and deposit at least $50,000. Keep the total savings balance at or above $50,000 for about a year, and you’ll be awarded the bonus money! Or if $50,000 is too much, you can get $200 for depositing $25,000.

If you qualify and participate in both, you will get an extra $100!

U.S. Bank gives bonuses like no other. Throughout the year, they usually offer bonuses to new customers, so remember to check back and see what other incredible offers they have in store.

This offer expires on September 6, 2023.

Extra Bonus: PNC Virtual Wallet Spend

One thing that sets PNC apart from the competition is its Virtual Wallet Spend. Customers can receive up to $400 when they open a new account and make qualifying direct deposits within 60 days of opening the account.

This is an excellent option if you’re looking for a bank account without all the extra fees. PNC Virtual Wallet Spend has no minimum balance and no monthly service fee. It also offers great tools like automatic budgeting, real-time text alerts, and free access to over 60,000 fee-free ATMs nationwide.

Make sure to take advantage of this offer before it expires, and be sure to follow the qualifications!

Final Thoughts

Here are the five best bank bonuses to take advantage of in 2023. Each one offers an amazing opportunity for customers, so it’s essential to do your research and choose which one is best for you. Remember, these offers won’t last forever, so be quick and don’t miss out on your chance to get a great reward!

From cash bonuses to free services, these offers make it worthwhile to start a new bank account. Whether you’re looking for a high-yield savings account or a low-fee checking account, the right bonus can maximize your returns and save you money.

Start by comparing your options and understanding the requirements needed to qualify for each bonus. That way, you’ll be able to make the best decision for your financial future.

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