What Banks Are Offering Promotions for Opening a New Checking Account Online?

As of October 2015, banks offering promotions for new customers who open a checking account online include BMO Harris Bank, PNC Bank and SunTrust Banks. Each of these banks offers $150 or more in promotions for qualified customers who apply online for specific checking products and perform specific tasks within a time period.

BMO Harris Bank offers a $200 cash bonus for customers who sign up for a checking account and set up qualifying direct deposits into the new account. Customers may compare accounts and apply on bmoharris.com or get a coupon by email to present to a local banker if they prefer offline options. The offer expires January 22, 2016, and the bank pays the bonus approximately 120 days after the opening of the account.

PNC Bank requires $2,000 in qualifying direct deposits within the first 60 days to earn a $150 bonus, and those who deposit $5,000 by direct deposit may earn a $300 bonus. Customers must also use PNC online bill pay with their new accounts.

SunTrust Banks also offer both printed coupons for in-branch signup and online account application, and they provide up to a $200 cash bonus for customers who make direct deposits of $2,000 or more within 60 days. A deposit of at least $500 in the same time period or more may qualify new customers for a $100 cash bonus if they do not reach the $2,000 threshold.