Bank sign up bonuses are a simple way to get some extra cash. Here are some of my favorite bank bonuses and the easiest ones to sign up for.
For me, the most appealing accounts are those that are easy to open and offer a reasonable bonus amount, at least $50. Consider this as a side business if you have time and patience. Of course, it won’t make you rich, but bank bonuses are a great way to get free money.
In the table below, I’ll keep track of any bank bonuses that I find with sign-up bonus amounts, requirements, and my status. This way, I won’t have to make a new blog post every time I find a bank deal, and this post will keep you updated.
For those signing up for their first bank account for bonus, here are a few things to keep in mind:
- If you earn a bonus, you’ll have to pay taxes on it and receive a 1099-INT form.
- Some accounts require a minimum balance or debit transactions.
- There might be an early termination fee.
- You will have to set up a direct deposit to qualify for the bonus.
Click on the offer name to find out more. If a blog post is available, it will be linked.
If you’re interested in finding out about all of the current bank bonuses, I recommend checking EveryBankBonus.com. They maintain a regularly updated list of bank incentives, and if you want to learn more, they have a guide for newcomers as well.
Maybe Frugal’s 2022 Bank Bonus Tracker
|Bank Name||Sign up link||Current Offer||Expires||Requirment||Difficulty||Status|
|Varo||$120/ $150||Unknown||Fund your account with at least $25 after signing up. Credit will appear as Pending for 45 days.||Easy||I have not signed up for this. Previously had account.|
|Click here||$150 bonus||Unknown||LIMITED OFFER – Sign up for a new account through a referral link and make a deposit. Receive 200 or more every 30 days for 90 consecutive days. Spend at least $100.||Easy||Waiting to meet the requirments.|
|Upgrade Card||Click here||
$500 bonus when you open a Rewards Checking account.
|Unknown||Make 3 debit card transactions MUST SIGN UP VIA CREDIT KARMA||Medium – Must open Personal LOC + Rewards Checking||Bonus posted|
|Spiral||Click here||$25/$50||April 30, 2022||Fund your with $100 and make 5 purchases totaling $100 or more using your Spiral Debit Card. fund your checking account with $200 or more and make 5 purchases totaling $100 or more using your Spiral Debit Card.||Easy||Signed up and deposited.|
Keep in mind that bank bonuses are only worth it if you can meet the requirements and you don’t have to go out of your way to spend money. In addition, some bank bonuses come with certain requirements like making a specific number of debit card transactions, a high balance requirement or monthly fees that reduce your earning potential.
What bank bonuses have you signed up for? Share your experience in the comments!