Looking to earn extra cash just for opening a bank account? In 2025, many banks are offering $200–$2,000+ in sign-up bonuses when you meet basic requirements like direct deposit or maintaining a minimum balance.
Bank Offering Sign-Up Bonuses: What to Know
đź’¸ 1. Some Banks Are Offering Up to $2,000 for New Accounts
Yes, really—several large and regional banks are rolling out high-value promotions for new customers. These typically involve:
Setting up direct deposit
Keeping a certain balance for 60–90 days
Opening a business or high-yield account
đź’ł 2. Checking and Savings Both Qualify
While most offers are for checking accounts, some institutions now provide bonuses for opening savings or money market accounts—especially when bundled with a financial product like a credit card or investment account.
🧾 3. Online Banks Are Competing Aggressively
Digital-first banks and fintechs are stepping up, too. Some provide instant cash rewards, referral bonuses, or interest-bearing accounts with no monthly fees—ideal for users seeking flexibility and fast setup.
đź“‹ How to Qualify for a Sign-Up Bonus:
Read the fine print: Some require qualifying deposits or minimum spend
Set up direct deposit early to avoid delays
Keep the account open long enough to receive and retain the reward
âś… Bottom Line:
If you’re opening a new account anyway, it pays to pick the right one. With 2025 bank sign-up offers ranging up to $2,000, this is a low-effort way to earn cash—and some interest—just by switching where your money lives.