Q:

Do any banks offer promotions or bonuses for opening an account?

A:

Quick Answer

Banks offering promotions or bonuses for opening an account include the online bank EverBank, Apple Bank in New York City, and Columbia Bank in New Jersey, reports NerdWallet. Northwest Savings Bank in Ohio, Pennsylvania, Maryland and New York, and Western State Bank in Arizona and North Dakota, also offer bonuses.

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Do any banks offer promotions or bonuses for opening an account?
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Full Answer

As of 2015, a new Yield Pledge checking account for $100,000 or less at EverBank pays customers a 1.10 percent bonus rate for their first six months, notes NerdWallet. New Apple Bank and Columbia Bank checking account customers receive $100 with a direct deposit agreement. Columbia Bank requires one direct deposit and one bill payment in the first 60 days to earn the full bonus. New Northwest Savings Bank customers receive up to $200 after four direct deposits during the first year of opening their checking accounts. Western State Bank offers up to $200 to new customers meeting one to seven requirements.

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