9 banks offering up to $1,500 when you open a checking account

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You can make 2022 a little more lucrative by opening a checking account with one of the many banks offering bonuses of up to $1,500.

With each of these offers, it’s important to read the fine print. For example, some offers may be available in some states but not in others. Additionally, many define qualifying direct deposits as those from an employer or other source of income such as Social Security.

Also, fair warning: these accounts generally require you to maintain a minimum level of deposits in your account if you want to avoid service charges.

So if you don’t have a lot of extra cash in your pocket, these options might not be right for you.

With those caveats in mind, here are a handful of banks offering a nice financial advantage when you open an account with them today.

1. Axos Bank

Axos Bank
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Premium amount: $150

Account(s) for which a bonus is available: Verification of rewards

Offer expires: May 31, 2022

To earn this bonus, you must receive eligible direct deposits of $1,500 in a calendar month within the first three months of account opening.

Other conditions apply. Visit the Axos website to learn more.

2. SoFi

SoFi
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Premium amount: $50, $100 or $300

Account(s) for which a bonus is available: SoFi Checking and Savings

Offer expires: May 31, 2022

To earn this bonus, you must receive eligible direct deposits of $1,000 to $1,999 ($50 bonus), $2,000 to $4,999 ($100 bonus) or $5,000 or more (300 bonus). $) during a 30-day evaluation period.

Other conditions apply. Visit the SoFi website to learn more.

3. TD Bank

TD Bank
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Premium amount: $150 or $300

Account(s) for which a bonus is available: TD Convenience Checks ($150) or TD Beyond Checks ($300)

Offer expires: October 31, 2022

To earn this bonus, you must receive eligible direct deposits of $500 for the TD Convenience Chequing Bonus or $2,500 for the TD Beyond Checks Bonus within 60 days of account opening.

Other conditions apply. Visit the TD Bank website to learn more.

4. Wells Fargo

Wells Fargo sign
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Premium amount: $300

Account(s) for which a bonus is available: Daily check

Offer expires: July 15, 2022

To earn this bonus, you must receive qualifying direct deposits of $1,000 within 90 days of account opening.

Other conditions apply. Visit the Wells Fargo website to learn more.

5. City

Citibank
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Premium amount: $300, $700 or $1,500

Account(s) for which a bonus is available: One of four account packages: Citibank, Citi Priority, Basic Banking or Citigold

Offer expires: July 17, 2022

To earn this bonus, you must deposit funds between $15,000 and $200,000 within 20 days of opening one of the accounts and maintain the balance for another 60 days. The bonus you receive will depend on the amount of money you have in the account.

Other conditions apply. Visit the Citi website to learn more.

6. American Bank

American bank
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Premium amount: $200 or $400

Account(s) for which a bonus is available: Platinum Chequing Package, Gold Chequing Package or Easy Chequing Account.

Offer expires: June 13, 2022

To earn this bonus, you must receive two or more direct deposits totaling $2,500 to $4,999 ($200 bonus) or $5,000 or more ($400 bonus) within 60 days of account opening.

Other conditions apply. Visit the US Bank website to learn more.

7. PNC Bank

NCP Bank
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Premium amount: $200 or $400

Account(s) for which a bonus is available: Virtual Wallet with Performance Spend ($200) or Virtual Wallet with Performance Select ($400)

Offer expires: June 30, 2022

To earn this bonus, you must receive eligible direct deposits of $2,000 (virtual wallet with Performance Spend) or $5,000 (virtual wallet with Performance Select) within the first 60 days of account opening.

Other conditions apply. Visit the PNC website to learn more.

8. Bank of America

Bank of America
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Premium amount: $100

Account(s) for which a bonus is available: Bank advantage

Offer expires: June 30, 2022

To earn this bonus, you must open an account through the online offer page and receive qualifying direct deposits of $1,000 within the first 90 days of account opening.

Other conditions apply. Visit the Bank of America website to learn more.

9. Pursuit

hunting bank
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Premium amount: $200

Account(s) for which a bonus is available: Chase Total Verification

Offer expires: July 20, 2022

To earn this bonus, you must set up direct deposits within the first 90 days of account opening and keep the account open for six months. Chase does not specify the amount that must be deposited.

Other conditions apply. Visit the Chase website to learn more.

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click on links in our stories.

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