Best Bank Account BonusesAugust 2023
Historical data for August 2023
This is our archived data for bank bonuses that were available in August 2023.
Disclosure: Some links are affiliate links. Rankings are based on bonus amount and ease, not compensation.
$500
Highest Bonus
$380
Average Bonus
5
Active Offers
0
No DD Required
Top 15 Bank Bonuses — August 2023
| # | Bank | Bonus | Net Value* | Ease | Direct Deposit | Monthly Fee | Action |
|---|---|---|---|---|---|---|---|
| 1 | Wintrust Total Access Checking | $500 | ~$375 | Easy | $500/mo | $0 | View Details → |
| 2 | WECU Spend Plus Rewards Checking | $400 | ~$300 | Easy | $1,000/mo | $5 (waivable) | View Details → |
| 3 | BMO Smart Money Checking / Smart Advantage Checking / Relationship Checking | $400 | ~$300 | Easy | Required | $5 (waivable) | View Details → |
| 4 | Seacoast Bank Checking Account | $300 | ~$225 | Easy | $500/mo | $0 | View Details → |
| 5 | PSECU New Member Account | $300 | ~$225 | Easy | $500/mo | $0 | View Details → |
*Net Value is estimated after 25% taxes and 6 months of potential fees. Use our calculator for personalized estimates.
Easiest Bonuses to Earn — August 2023
These bonuses have the simplest requirements and highest ease scores.
💡 August 2023 Insights
Market Summary
In August 2023, there are 5 bank bonuses available with an average value of $380. The highest bonus is $500, and 0 offers don't require direct deposit.
Best Strategy
Focus on bonuses that match your banking behavior. If you have regular income, target higher-value bonuses requiring direct deposit. Otherwise, start with no-DD offers to build experience.
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Frequently Asked Questions — August 2023
What is the best bank bonus in August 2023?
The highest bank bonus in August 2023 is $500 from Wintrust. For easier bonuses, check PSECU.
How many bank bonuses are available in August 2023?
There are currently 5 bank bonuses available in August 2023, with an average value of $380 and a maximum of $500.
What is the easiest bank bonus in August 2023?
PSECU offers one of the easiest bonuses at $300.
Are bank bonuses taxable?
Yes, bank bonuses are generally considered taxable income by the IRS. Banks typically issue a 1099-INT or 1099-MISC for bonuses over $600. We recommend consulting a tax professional for your specific situation.