What are best savings account promotions?
Precaution is better than cure, so saving is better than going bankrupt. Everyone is looking for options for saving in these pandemic days. Here we are with the best savings account promotion to help you save. One way to do saving is by opening a savings account and get a bonus in return. Let us learn about this more.
Why do banks have sign-up bonuses?
Giving sign-up bonuses is a technique to attract new customers and new deposits. Sign-up bonuses always make sure to stand different in the competitive world. Some banks offer multiple bonuses other than the sign-up bonus savings account promotion.
Things to look for when opening a new account:
Not every bank offers the correct deal. To get the best offer, one has to research and look for options. Some pre-conditions or necessary things one should check:
- Minimum balance requirements
- Minimum monthly fee
- Availability of ATMs nearby
- Banks that provide necessary online tools
- Good rate of interest
Best Savings account promotions
Below are the few banks that offer the best savings account promotion and bonuses:
1. CIT Bank: $150 or $300 bonus
Post May 30th, anyone who opens a CIT Saving builder account, can get $150 or $300 as a sign-up bonus. Criteria to qualify this offer are:
- To fund account within 15 days of opening.
- Maintain a minimum balance for a certain number of days (90 days and 30 days for new and existing customers, respectively).
- Depositing between $25,000 to $49,999 can earn you a bonus of $150
- Depositing above $50,000 can earn you a bonus of $300
2. Discover Bank: $150 or $200 bonus
After May 11th, opening a Discover Online Saving account can offer you $200. One who could fulfill the requirements mentioned below by May 25th can avail for bonuses:
Depositing $15,000 for $150 bonus
Depositing $25,000 for $300 bonus
Using offer-code: OBE420
3. Capital One bank: $100 – $500 bonus
Post May 31st, opening a 360 Performance savings account promotion can earn a sign-up bonus from $100 to $500 for maintaining $10,000 To avail this offer a customer must: Deposit fund between $10,000 and $50,000 in the first ten days of opening. For 90 days, maintain the required daily balance.
Use the unique code: SCORE50 for opening an account.
All banks bonuses
Best checking account bonuses
- Chase Bank: $200, $300 or $1,000 bonus
- PNC Bank: $50, $200 or $300 bonus
- HSBC Bank: $225 or $475 bonus
- TD Bank: $150 or $300 bonus
- SunTrust (Trust) Bank: $200 or $400 bonus
- Bank of America: $100 bonus
- Wells Fargo Bank: $400 bonus
- Huntington National Bank: $150 or $200 bonus
Citibank: $200, $400 or $700 bonus
Citibank offers both bonuses checking and saving bonus. To avail the benefit of this promotion, one must:
- Open an eligible checking account in Basic Banking Package. Depositing $5,000 in 30 days and maintaining the account’s balance for 60 days can earn $200
- Open a checking account and saving account in Citibank Account Package. Deposit $15,000 in 30 days and maintaining the account’s balance for 60 days can earn $400
- Open a checking account and saving account in Citi Priority Account Package. Deposit $50,000 in 30 days, and maintaining the account’s balance for 60 days can earn $700.
These offers will expire on June 30th.
Conclusion
We have shared the best savings account promotions, so grab the deals before the offers vanish or expire.
