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Best Bank Account Bonuses Compared

Updated January 202644 offers tracked • Side-by-side comparison

We compared every major bank bonus to find the best offers. Our analysis considers bonus amount, ease of requirements, fees, and net value after taxes. Use this guide to find the right bonus for you.

Disclosure: Some links are affiliate links. Rankings are based on bonus amount and ease, not compensation.

$600

Highest Bonus

$480

Avg Top 10 Bonus

44

Banks with Bonuses

4

No DD Required

Top Banks Compared

BankBest BonusNet Value*EaseDirect DepositMonthly FeeAction
Associated Bank
Checking Account Bonus Offer
$600~$450Easy$500/mo$0View Details →
Huntington
Perks Checking / Platinum Perks Checking
$600~$450EasyRequired$10 (waivable)View Details →
KeyBank
Key Smart Checking & Key Select Checking
$500~$375EasyRequired$0View Details →
Wintrust
Total Access Checking
$500~$375Easy$500/mo$0View Details →
Bank of America
Advantage Banking
$500~$375EasyRequired$4.95 (waivable)View Details →
Byline Bank
Simple Checking
$450~$338Easy$1,000/mo$5 (waivable)View Details →
Old National Bank
Everyday Checking / Preferred Checking
$450~$338Easy$1,000/mo$6.95 (waivable)View Details →
MIDFLORIDA Credit Union
Free Checking
$400~$300EasyRequired$0View Details →

*Net Value is estimated after 25% taxes and 6 months of potential fees. Use our calculator for personalized estimates.

💡 Key Insights

Best for High Earners

If you can meet higher direct deposit requirements ($5,000+/month), premium bonuses often pay significantly more. The extra effort is worth it if you're already earning enough.

Best for Beginners

Look for bonuses with no direct deposit requirement or low thresholds ($500 or less). These are easier to complete and still offer solid returns of $150-$300.

Watch Out For

Monthly fees that can't be waived, short time limits to complete requirements, and early closure fees. Always calculate the net value before committing.

Pro Tip

Stack multiple bonuses from different banks throughout the year. Experienced bonus hunters can earn $2,000-$5,000+ annually from bank bonuses alone.

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Frequently Asked Questions

What is the highest bank bonus available right now?

The highest bank bonus currently available is $600 from Associated Bank. However, higher bonuses often come with stricter requirements like larger direct deposits or minimum balances.

Which bank has the best checking account bonus?

"Best" depends on your situation. Associated Bank offers $600, but if you can't meet its requirements, a lower bonus with easier terms might be better for you. Use our comparison table above to find the right fit.

Are bank bonuses worth it?

Bank bonuses can be very worthwhile. A $300 bonus that takes 2 hours of effort equals $150/hour. However, factor in taxes (bonuses are taxable income), potential fees, and the time required. Use our calculator to determine if a specific bonus is worth your time.

How do I compare bank bonuses?

When comparing bank bonuses, consider: 1) The bonus amount, 2) Requirements to qualify (direct deposit, minimum balance, debit transactions), 3) Monthly fees and whether they can be waived, 4) Time limits to complete requirements, and 5) How long you must keep the account open.