Are you looking to make some extra money to start off the year? Here are the best checking account bonuses for April 2024.
What Are Checking Account Bonuses?
Checking account bonuses are bonuses given for meeting certain requirements. These requirements commonly include direct depositing a certain amount of money within a certain timeframe, keeping a minimum balance, and/or conducting a certain number of transactions with the associated debit card.
Are Checking Account Bonuses Worth It?
Most checking accounts require you to have a minimum balance or have some sort of direct deposit monthly in order to waive the maintenance fee. With the high interest rates these days, sometimes it may be better to keep your money earning interest in a high yield savings account (such as SoFi) instead. Make sure you do your math before you move your money over from a high yield savings account to a checking account if you are doing so.
Opening and closing various checking accounts also has no impact on your credit score, which makes it worth looking into if you’re sensitive to hard inquiries on your credit report lowering your score.
Best Checking Account Bonuses for April 2024
Here’s an aggregate list of the best checking account bonuses for April 2024. While many of these have a deadline to redeem the offer by, many banks often extend that deadline too so keep an eye out if you just missed the offer date.
SoFi Checking (and Savings)
SoFi is consistently in the running for providing a great checking account bonus every month because their bonus does not seem to change. With any direct deposit, SoFi will provide a $300 bonus, as well as $25 for just opening the account. There are also no fees involved in having their checking account and no minimum balance.
Your checking account with SoFi will also earn 0.5% APY, which is extremely high for a checking account. SoFi is by far my favorite checking and savings account duo and I have yet to find one that will top it! It’s savings account also earns 4.6% APY, one of the highest around!
There is no deadline to redeem this offer. Check out more info about SoFi here!
Chase Checking
Chase is offering two different checking account bonuses. These bonuses last until April 17, 2024.
Total CheckingSecured Checking$300 bonus after direct depositing $500 or more within 90 days$100 bonus after completing 10 qualifying transactions within 60 days$12 monthly maintenance feeWaived if you have a $500 direct depositOR a $1500 minimum daily balanceOR a $5000 balance across all Chase products$4.95 monthly maintenance feeSource: https://accounts.chase.com/raf/share/2388162864
These bonuses last until April 17, 2024.
You can learn more about Chase’s checking bonuses here.
Bank of America Advantage Plus Banking
Bank of America currently has a $200 bonus if you direct deposit $2000 within 90 days into one of their Advantage Banking accounts. Choose one that suits your needs best from the options below:
SafeBalanceAdvantagePlusAdvantage RelationshipMinimum account opening: $25Minimum account opening: $100Minimum account opening: $100$4.95 maintenance feeWaived if you are under 25 years old OR have a minimum daily balance of $500 OR are a Preferred Rewards member$12 maintenance feeWaived if you have a $250 direct deposit OR have a minimum daily balance of $1500 OR are a Preferred Rewards member$25 maintenance feeWaived if you have a minimum daily balance of $20,000OR are a Preferred Rewards memberSource: https://promotions.bankofamerica.com/offers/chooseyourchecking200
This offer is good until May 31, 2024. Make sure you use code TWA200CIS for the $200 offer if you open online!
Wells Fargo Everyday Checking
Wells Fargo Everyday Checking gives you a $300 bonus if you direct deposit $1000 within the first 90 days of opening.
Once the 90-day qualification has passed, they’ll deposit your bonus within 30 days if you met the requirements.
This offer ends April 1, 2024.
You can learn more about the Wells Fargo Everyday Checking bonus here.
U.S. Bank Smartly Checking
Open a U.S. Bank Smartly Checking account and you can get up to a $500 bonus if you direct deposit these amounts.
Direct deposit $3000 up to $4999.99 to get a $100 bonus.
Direct deposit $5000 up to $9999.99 to get a $300 bonus.
Direct deposit $10000 or more to get a $500 bonus.
You can also get $300 extra if you open a U.S. Bank Standard Savings and deposit $25,000 by March 31st and then hold it there until June 30.
This offer ends April 3, 2024.
You can learn more about this offer here.
PNC Checking
Virtual WalletVirtual Wallet with Performance SpendVirtual Wallet with Performance Select Minimum account opening: $25Minimum account opening: $100Minimum account opening: $100$100 bonus after direct depositing $500 or more$200 bonus after direct depositing $2000 or more $400 bonus after direct depositing $5000 or more$7 monthly maintenance feeWaived if you have a $500 direct deposit$15 monthly maintenance feeWaived if you have a $2000 direct deposit $25 monthly maintenance feeWaived if you have a $5000 direct depositSource: https://www.pnc.com/en/personal-banking/virtual-wallet-overview.html
You can learn more about PNC’s offers for checking account bonuses here.
Citi Checking
Citi is offering $300 if you open a checking account and deposit $1500 with a minimum of two direct deposits within 90 days. The $300 bonus will be deposited into your account after qualifying activities are completed.
This offer ends July 8, 2024.
You can learn more about Citi’s checking account offer here.
Summary – Best Checking Account Bonuses
Checking account bonuses can be a great way to earn some extra money with minimal work. Make sure the amount you’re getting is worth it and always keep track of where your money is!
Did you enjoy this article about the best checking account bonuses for April 2024? Comment below on which one you’re going to open first! As always, please subscribe if you enjoyed the content and considering following on Instagram for more.
Hello, I’m Chloe! I’m the primary author of Off Hour Hustle. Currently, I work as a software engineer, sell products through eBay, Etsy, and OfferUp, have 26+ credit cards, and am always working to diversify my income streams. In my spare time, I enjoy climbing, hiking, and other outdoor activities.
Sharing is caring!