What bank gives the most for opening a checking account?

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1

Hey guys just Curious! Which bank offers the most rewards for opening a checking account? Seeking advice on banks with top incentives, bonuses, or cash rewards for new customers. Any recommendations or personal experiences to share?

2

Hi, Consider these high cash bonus banks:

Chase Private Client Checking℠: Potential bonus up to $3,000 with specific requirements like maintaining a high minimum balance and direct deposits. Check if it fits your banking needs.

Citibank: Tiered bonus up to $2,500 based on deposit activity.
Huntington National Bank: Bonus up to $600 for meeting certain criteria.

3

Axos Bank Rewards Checking offers a great deal for opening a checking account. It has high rewards, with an annual percentage yield (APY) of up to 3.30% on balances up to $50,000. You only need a minimum deposit of $50 to get started.

4

Chase and Bank of America often have some of the best bonuses for new customers. Chase usually offers up to $300, and Bank of America has been known to offer up to $200. I took advantage of one of these offers last year and it was a smooth process.

5

I recommend a nearby credit union. They will be really helpful with loans and other things once you land that real job.

6

Top Banks with Checking Account Bonuses

  1. Axos Bank: Offers competitive checking account bonuses alongside high-yield savings accounts.
  2. Discover Bank: Provides cash-back rewards and attractive bonus offers for new checking account customers.
  3. Chase Bank: Known for its credit cards, Chase also features competitive checking account bonuses.
  4. Citibank: Offers various checking account options with different bonus structures.
  5. Capital One: Known for its digital banking experience, Capital One provides checking account bonuses as well.

Key Factors to Consider

  • Bonus Amount: Compare the size of the bonus offered by different banks.
  • Requirements: Understand the conditions to qualify for the bonus, such as minimum deposits or direct deposits.
  • Fees: Check for monthly maintenance fees or other charges.
  • Interest Rates: Compare interest rates offered on the checking account.
  • Additional Benefits: Consider other perks such as overdraft protection or ATM fee reimbursements.
1 Like
7

Would recommend Ally if you don’t need to deposit cash, Capital One if you do (they accept it at their cafes and at CVS I think). Neither has any in-person tellers but tellers at modern banks are more like grocery store cashiers anyway.