CASHING IN Nine banks offering up to $1,500 in summer bonuses when you open a new account Anthony Russo
- Our Voice by Mupenda

- Jun 3, 2022
- 2 min read
HOSE looking for extra cash this summer may want to consider opening a new bank account. Many
out there are looking to acquire new customers - and will offer
to lure them in. But keep in mind that you may be required to maintain a
to avoid fees, while others might mandate you set up direct deposit.
Also, some have fast-approaching deadlines. In fact, two offers expire today, May 31, which are the first two banks below.
1. Axos Bank
Bonus amount: $150
Account type: Rewards checking
Minimum balance required: $1,000 for 90 days
2. SoFi
Bonus amount: $50, $100, or $300
Account type: Checking and Savings
Minimum balance required: $1,000 to $5,000 depending on the bonus desired
If none of these offers work, there are plenty of others you’ll be able to claim at other financial institutions during the summer.
3. TD Bank
Bonus amount: $150, or $300
Account type: Convenience checking (for students) and Beyond checking
Minimum balance required: $2,500 per day for Beyond checking, while the convenience account will not require a minimum
Expires: October 31
4. Citi Bank
Bonus amount: $300, $700, or $1,500
Account type: CitiBank, Citi Priority, Basic Banking, Citigold
Minimum deposit required: $15,000 to $200,000 depending on the bonus desired, must be deposited within the first 20 days of opening and maintained for 60 days after the 21st day
Expires: July 17
5. Wells Fargo
Bonus Amount: $300
Account type: Checking
Requirements: Must receive $1,000 in qualifying direct deposits and deposit at least $25 when opening
Expires: July 15
6. PNC Bank
Bonus amount: $200, or $400
Account type: Virtual Wallet with Performance Select, and Virtual Wallet with Performance Spend
Minimum direct deposit: $2,000 to $5,000 depending on the account
Expires: June 30
7. US Bank
Bonus Amount: $200, or $400
Account type: Checking
Direct deposit minimum: Ranges from $2,500 $5,000 depending on the account
Expires: June 13
8. Bank of America
Bonus amount: $100
Account type: Checking
Direct deposit minimum: $1,000 or more within 90 days of opening
Expires: June 30
9. Chase
Bonus amount: $200
Account type: Checking
Requirements: Set up direct deposit within 90 days; deposit at least $500 to avoid monthly service fees
Expires: July 20
For more on bonuses, thousands of JetBlue employees who do not call out of work between April 8 and May 31 could get $1,000 bonuses.
*Source:The Sun















Comments