Ken Tumin founded the Bank Deals Blog in 2005 and has been passionately covering the best deposit deals ever since. He is frequently referenced by The New York Times, The Wall Street Journal, and other publications as a top expert, but he is first and foremost a fellow deal seeker and member of the wonderful community of savers that frequents DepositAccounts.
UPDATE 1/21/2017: Extended through January 31, 2017.
The Santander Bank, N.A. (Santander Bank) "Simply Right Checking" $150 promotion been extended through December 31, 2016 January 31, 2017. Three different Santander Bank checking accounts (Simply Right Checking, Basic Checking, and Premier Plus Checking) are eligible to earn the $150 bonus.
Bonus Qualifying Requirements
Open a new eligible checking account by December 31, 2016 January 31, 2017.
If opening in-branch, use coupon when applying.
If opening online, the coupon is applied automatically.
Have direct deposits* totaling at least $500 with the first 90 days.
Availability: Market area includes 16 eastern Wisconsin counties (Lake Michigan shoreline) and McHenry County, Illinois.
Now through February 11, 2017, Wisconsin-based North Shore Bank, FSB's (North Shore Bank) will reward new customers with up to $200 when opening a new checking account (Better-Than-Free, Perks, or Platinum Checking).
$100 – open a new North Shore Bank checking account by February 11, 2017.
$100 – have least 10 debit card transactions OR set up Direct Deposit by March 31, 2017.
New “personal households” only.
May not have received a North Shore promotional reward in...
Availability: Market area is Massachusetts’ South Shore area.
Coastal Heritage Bank has just added two limited-time CD Specials (9-month and 12-month) that each earn 1.60% APY. The minimum opening deposit is $1k of new money, with a maximum balance cap of $500k per person.
There is a limit of one account per person, and a personal checking account (new or existing) is required to open either CD.
According to CSR, the Early Withdrawal Penalty is three months of interest for the 9-month CD Special, with the 12-month CD Special losing...
Availability: Nationwide, except for residents of Arizona, Florida, New York, New Jersey, or Ohio.
About a month ago, I wrote about My Banking Direct’s rate increase on its online Money Market Checking account that occurred just days before the Federal Reserve’s December rate hike. Yesterday, My Bank Direct became the second internet bank to increase the rate on a Money Market account post-Fed rate increase, with the Money Market Checking account now earning 1.15% APY on balances over $25k (10 bps increase). Balances between $5k-$25k earn 0.75% APY,...
UPDATE 1/19/17: Offer has been extended through April 30, 2017.
Availability: Residents of Indiana, Kentucky, Michigan, Ohio, Pennsylvania, and West Virginia
Huntington National Bank (Huntington Bank) regularly features opening bonuses for new checking accounts. The latest promotion, Huntington 5 Checking® and $200, is available now through January 31, 2017 April 30, 2017.
Qualifications for the $200 Bonus:
*Open a new Huntington 5 Checking® account online, or in-branch using the promotion code that will be emailed upon request.
Make at least $1k in deposits within 60 days of account opening.
POSTED ON WEDNESDAY, JANUARY 18, 2017 BY KEN TUMIN
UPDATE 1/19/2017: The $400 bonus is no longer available.
Availability: New checking customers in Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, South Carolina, Tennessee, and Texas.
A week ago, I wrote about Regions Bank’s (Regions) $300 LifeGreen Checking bonus. How quickly things change. Regions is now offering a $400 LifeGreen Checking bonus, and the Direct Deposit requirement has been dropped.
$400 Bonus Requirements
Open any personal LifeGreen Checking Account by January 31, 2017, online using Promo Code 400MC3, or in person using a personalized...
Unlike last year at this time, we continue to be on the road to higher interest rates. We had high hopes in December 2015 after the first Fed rate hike since the financial crisis, but that hope faded halfway through the month of January 2016 when the stock markets tanked and worries of a recession grew. The four Fed rate hikes for 2016 that were suggested by the Fed’s December 2015 projections never happened. Instead, we just got one Fed rate hike last month.
Availability: U.S. residents in AL, AR, DC, FL, GA, MD, MS, NC, SC, TN, VA, and WV.
In December, SunTrust Bank’s (SunTrust) Q416 checking bonuses expired and replaced with the Q117 checking bonuses. The qualifying requirements have remained the same, as has the dollar amount of the bonus for each new checking account.
$100 bonus when opening a new Essential Checking account.
$200 bonus when opening a new Select Checking account.
$300 bonus when opening a new Signature Advantage account.