Best Bank Account Bonuses For April 2021
If you’re wishing you had more savings right now, you’re not alone. Many Americans impacted by the coronavirus are finding that they need additional funds to make ends meet. A bit of extra cash could be a big help. Fortunately, a number of banks are still giving out free stacks of cash.
In exchange for opening a new savings or checking account, you could wind up with an extra $200 or $300 dollars (or more). Shopping around for a new bank account isn’t exactly exciting, but at a time like this it could be worth your while.
Here are some of the best bank account bonuses in April. Compare these offers along with CDs and other savings accounts that pay more interest. And check out other types of bonuses, too, like the best brokerage account bonuses.
Summary of the best bank account bonuses
Best checking account bonuses
Best checking and savings account bonus
Best referral bonuses
- Axos Bank: $20 for a referral and $20 to the person you referred
- Chase: $50 for each referral up to $500
- Chime: $50 for a referral and $50 to the person you referred
- TD Bank: $50 for a referral and $50 to the person you referred
- HSBC Bank: $50, $200 or $400 referral bonus
Best checking account offers
Associated Bank: $200, $300 or $500 bonus
New customers have the opportunity to earn a $200, $300 or $500 bonus when opening a checking account with Associated Bank and completing qualifying activities by May 31, 2021.
To earn the bonuses, you must maintain a preset balance for the first 61-90 days.
- To earn $200, you must maintain a daily balance of $1,000 – $4,999.
- To earn $300, you must maintain a daily balance of $5,000 – $9,999.
- To earn $500, you must maintain a daily balance of $10,000 or more.
In order to be eligible for the bonuses, you must not have opened an account with Associated Bank within the last six months and have to keep the account open for a minimum period of 12 months.
Associated Bank is based in Green Bay, Wisconsin and has branches located in Illinois, Minnesota and Wisconsin.
HSBC Bank: $450 or up to $600 bonus
Through June 30 you can earn:
- $450 offer for opening an HSBC Premier checking account online and receiving monthly direct deposits of at least $5,000 for three consecutive calendar months (starting with the second full calendar month after opening the account).
Another option is to opt for the Premier Cash Bonus that pays 3 percent cash back (up to $600 for new Premier checking account holders) on your qualifying direct deposits. The monthly limit of this bonus is $100 per month for six months. This offer also expires on June 30. To qualify, you’ll need to set up recurring direct deposits to a new HSBC Premier checking account at least once per calendar month following the account’s opening month.
HSBC is based in McLean, Virginia. It earned 4 out of 5 stars in Bankrate’s full review of its products and offerings.
TD Bank: $150 or $300 bonus
A $300 bonus is available for TD Bank customers who:
- Open a Beyond Checking account online.
- Have never had a TD Bank personal checking account.
- Have at least $2,500 worth of direct deposit funds within 60 days of opening the account.
There’s also a $150 cash bonus if you’d prefer a Convenience Checking account (requires direct deposits of $500 within 60 days of opening the account).
Bonuses are available to residents in the District of Columbia, Pennsylvania and every state on the east coast except Georgia.
TD Bank is based in Cherry Hill, New Jersey. In Bankrate’s review of TD Bank’s services and product offerings, it earned 3.5 out of 5 stars.
Chase Bank: $200 bonus
Through April 14, 2021, Chase is offering a bonus on new checking and savings accounts.
- To earn $200, open a new Total Checking account and have a direct deposit totaling $500 or more within the first 90 days.
To qualify for the bonus, you must not have an existing Chase checking account (or had one closed with a negative balance in the past three years or closed within the last 90 days).
Chase Bank has…
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