[ad_1] No bank wants your business as badly as the bank that doesn’t have it. In fact, they are often willing to pay you to become a customer. If you are looking for a new bank, check out these bank promotions. Table of Contents Best New Checking and Savings Account Bonuses Best High Yield Savings Alternatives How Does a Checking Account Work? How Do I Check My Checking Account? Is There a Limit on Transactions Within a Checking Accounts? Do Checking Accounts Earn Interest? How Many Checking Accounts Can I Have? How Does a Savings Account Work? How Do I Check My Savings Account? Is There a Limit on Transactions Within a Savings Accounts? What is the Interest Rate Range for Savings Accounts How Many Savings Accounts Can I Have? Final Thoughts on the Best Checking and Savings Account Promotions and Deals For any adult looking to take charge of their personal finances, owning both a savings and checking account is essential. Of course, there’s the basic reason that you need an account for depositing checks and paying bills. But, also, these accounts show banks how reliable you are when you fill out credit applications. The one question every single loan application has is “Do you own a savings account, checking account, or both?” Unfortunately, over the last 10 years, owning these accounts has become more expensive. Banks have been kind enough to pass their additional fees along to you. If you’re not careful, you could be losing $100 to $300 a year simply for the privilege of owning a checking or savings account. Lucky for you, there are ways to avoid these fees. Perhaps even luckier for you, some banks are willing to pay up to $500 simply to get your business. Below is a list of the best online savings and checking promos and bonuses we could find. They include a variety of big banks and one smaller bank, so nearly all of offers you see below are nationwide. All fifty states are eligible for each offer (sans Huntington Bank), and the more money you have to deposit, the more money you’re likely to earn in the form of a cash bonus. Keep an eye out for the requirements to avoid the monthly maintenance fees, and feel free to contact us if you think you’ve found an offer as good as or better than the ones below. Best Checking Accounts Best For Bank Best Overall Citibank Account Package Best Perks (free checks) Bank of America Checking Best Bonus Chase Total Checking Best Savings Accounts Bank Best For American Express® High Yield Savings Account High APY CIT Bank Savings Builder No fees Chase Savings Cash Bonus Best Checking Accounts Promotions and Deals 1. Chase Total Checking® – $200 Cash Bonus You can earn a $200 bonus with a Chase Total Checking® account. To receive the $200 checking bonus: Open a new Chase Total Checking account, which is subject to approval. Have your direct deposit made to this account within 60 days of account opening. Minimums to avoid monthly service charges are much lower than average with this account. Learn More2. Chase Total Checking® + Chase Savings℠ – Up to a $350 Cash Bonus If you are looking for both a checking and savings account, you can combine the above $200 cash bonus with a $150 deal on a Chase savings account. The terms of the $200 checking are the same as above. As for the savings account, you can earn a $150 bonus when you open a Chase Savings℠ account, deposit a total of $10,000 or more in new money within 20 business days, and maintain a $10,000 balance for 90 days. Learn More3. Chase Sapphire℠ Checking – $1,000 Cash Bonus For those with a lot of cash on hand, take advantage of the amazing welcome bonus from the Chase Sapphire℠ Checking account. Within 45 days, transfer a total of $75,000 or more in qualifying new money or securities to a combination of eligible personal checking, savings and/or investment accounts, (excludes any J.P. Morgan retirement accounts and CDs) and maintain that balance for 90 days. Boom! $1,000 richer while enjoying all of the perks that Sapphire has to offer. Learn More4. Citibank Priority Account Package – $700 Cash Bonus The very first checking account I opened after graduating college was with Citi. Partly because they had a great online bonus, and mostly because their branch was half a block from my apartment! Citi is currently offering a $700 bonus on their priority account package if you meet the following criteria: Open a new Citibank Priority Account Package by 12.30.2019. Within 30 days of account opening, make a qualifying deposit of $50,000 or more of non-Citi funds into the new account, and maintain this deposit as your daily balance for a period of 60 days. The $30 monthly service fee for this account is waived for average daily balances of $50,000 more more. Any non-Citi ATM fees you incur while owning this account are waived so long as you meet that average daily balance above. googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1558049346877-0’); }); 5. Bank of America Checking – $100 Cash Bonus Bank of America is offering a $100 cash bonus to new customers who open an eligible online checking account. Both the Bank of America Core Checking and Bank of America Interest Checking qualify for the $100 bonus. Terms of the bonus are as follows: Open a checking account through the link above before December 31st, 2019. Set up at least two qualifying direct deposits of $250 or more within the first 90 days of opening your account. The caveat here is that Bank of America will charge a $12 monthly fee on the Core Checking and $25 monthly fee on the Interest Checking. You can offset these fees through a variety of ways for the Core Checking product (see below). For the interest checking account, the only way to have the fee waived is to maintain a combined balance of $10,000 or more through a