How do I open a bank account?

You can open an account online, over the phone or by visiting a local branch. Sign up for direct deposit, and receive at least $4,000 in qualifying deposits within 90 days of account opening. The bonus is usually paid within 100 days of opening a new account.

How much can a new bank account holder earn?

New account holders can earn hundreds when signing up for these checking accounts. To attract new customers, many banks often offer a sign-up bonus when you open a new account. For checking accounts specifically, these bonuses can be at least $100.

Should you open a new bank account with a sign-up offer?

While a sign-up offer is an incentivizing reason to open a new bank account, before taking advantage of a bonus you should figure out how much money you have available to transfer to a new account. Then, select the bonus that best fits your budget. Offer amounts vary and bigger bonuses may require a larger cash deposit.