Best Bank For Cash Bonus 2023

With high inflation, several recent bank failures, and overall stock market volatility, It’s a good time To think about your extension emergency fund. You never know what can happen with a flush savings accountYou’ll be prepared to weather any storm—economic or otherwise.

luckily, High Yield Savings Account Interest rates have risen recently, making it easier than ever to pad your savings. Other banks even offer cash bonuses for new customers — another great way to increase the amount of money you deposit.

Are you looking to build your emergency fund in light of recent events? Then check out our list of the best bank account bonuses below or explore your high-yield savings account options here to see how much more you could earn.

Best Bank For Cash Bonus 2023

Here are some of the best banks currently available for cash bonuses by cash offer, eligibility and expiry date.

Personal client rush

If you have large amounts of assets at another bank or brokerage, you may want to consider moving them to a Chase Private Client account. This account offers the best bank cash bonus we’ve found (by a long shot) and even comes with other valuable perks, like discounted mortgage rates and waived fees.

• Cash offer: $1,000-$3,000
• How to qualify: You must deposit between $150,000 and $500,000 within 45 days of opening your account and maintain this balance or more for 90 days.
• Expiration Date: April 19, 2023

Huntington National Bank

Huntington National Bank is one of the best banks for cash bonuses. It offers various bank account options as well as insurance, investments, credit cards and numerous loan programs. The bank has more than 1,000 physical locations, primarily located in the Midwest

• Cash offer: $500-$600
• How to qualify: For Perks Checking ($400), you must fund the account via direct deposit within 90 days of opening. For Platinum Perks ($600), you must fund the account with at least $25,000 during that time period.
• Expiration Date: June 7, 2023

PNC Bank

PNC Bank’s cash bonus comes with its Virtual Wallet service, which combines your checking and savings accounts, allowing you to earn cash bonuses and interest on your balance. PNC also offers traditional bank accounts, High Yield Savings AccountMortgage loans, student loans, investment services, credit cards, business services and more

• Cash offer: $50 to $400
• How to qualify: To qualify for $50 you must deposit at least $500 in your virtual wallet by direct deposit; $2,000 for a $200 bonus; and $5,000 for a $400 bonus.
• Expiry Date: June 30, 2023

Check out your savings account options online now to see which one is best for you

BMO Harris

BMO Harris is a financial institution with locations throughout the Midwest. In addition to its savings and checking accounts, it offers money market accounts, certificates of deposit, retirement accounts, credit cards, mortgages and a variety of loans and lines of credit.

• Cash offer: $200 to $350
• How to qualify: Open an account and set up direct deposit. You must have at least $4,000 in direct deposit for the $200 bonus and $7,500 in direct deposit for the $350 bonus. Both must be deposited within 90 days of account opening.
• Expiration Date: May 12, 2023

Wells Fargo

Wells Fargo is a nationally known bank that offers everything from investment services and business banking to mortgages, car loans and more. In addition to the checking account cash bonus mentioned below, the bank also offers a savings bonus of up to $525 for qualifying new “Way2Save” accounts.

• Cash offer: $300
• How to qualify: Make a minimum opening deposit of $25. Direct deposit at least $1,000 within the first 90 days.
• Expiry Date: June 27, 2023

the sofa

SoFi is an online bank that offers checking and savings accounts, personal loans, student loans, mortgages, insurance, credit cards and investment options, among other services. of High Yield Savings Account Currently offers a 4% Annual Percentage Yield (APY).

• Cash offer: $50 to $250
• How to qualify: Get at least one direct deposit of $1,000 or more for a $50 bonus and $5,000 or more for a $250 bonus.
• Expiry Date: June 27, 2023

Learn more about your savings account options now!

Shop around

You can see, cash bonus and Other Benefits This can vary quite a bit from one bank to another, so if you’re looking for a strategic way to pad your savings, it pays to shop around. Just be sure to take any fees or other costs into consideration before transferring your cash. Use the table below to explore some local options now to find the best account for your needs and goals