Personal Checking Account Bonus Roundup January 2018: BMO Harris, Citizens Bank, PNC, and SunTrust

It's the start of Q1 2018 and banks are trying to acquire new customers with generous checking bonuses. We've gathered a list of personal checking bonuses that are available throughout the nation. Keep in mind that the banks on this list are regional and you must be a resident of the state to qualify.

Direct Deposit Requirements

Most new checking accounts require direct deposits within the first 60 days of opening the account. If you're a business owner and you need a payroll solution, check out Gusto.

Gusto makes payroll easy, and if you sign up using our referral link, we'll both get $200 in Amazon gift cards.

BMO Harris $200 Checking Bonus

BMO (Bank of Montreal) Harris, a large Canadian bank, is offering a $200 cash bonus when you open a new checking account with qualifying direct deposits and debit card transactions.

The Offer

  • Bonus amount: $200
  • Available to residents in: AZ, FL, IL, IN, KS, MO, MN, and WI
  • How to open: Online or in-branch
  • How to qualify: set up 2 direct deposits of at least $500 each within the first 90 days of opening the account
  • Minimum opening deposit: $25 
  • Credit card funding: up to $1,000
  • Monthly fees: $12, waivable
  • Debit card transactions:  at least 10 debit card purchases made with your BMO Harris Bank Debit Mastercard® post to your account within 90 days of account opening.
  • Expiration date: 3/30/2018
  • Direct link to offer: https://www.bmoharris.com/main/personal/always-on/checking/

Citizens Bank $150 Checking Bonus

Get paid $150 when you make a single direct deposit of $500 or more within 60 days of opening your first new One Deposit Checking from Citizens Bank.

The Offer

  • Bonus amount: $150
  • Available to residents in: CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, and VT
  • How to open: Online or in-branch
  • How to qualify: one direct deposit of at least $500 each within the first 60 days of opening the account
  • Credit card funding: up to $1,000, Visa & Mastercard only
  • Monthly fees: $9.95 – $25 depending on the account you open, waivable
  • Expiration date: 3/31/2018
  • Direct link to offer: https://www.citizensbank.com/promotion/brand/sem/one-deposit-checking/index.aspx

PNC up to $300 Checking Bonus

Get up to $300 when you open a new PNC Virtual Wallet. There are different signup bonuses available depending on the account you open, each with different requirements.

  • Get $50 when you open a new Virtual Wallet and establish total qualifying direct deposit(s) of $500 to the new account
  • Get $200 when you open a new Virtual Wallet with Performance Spend and establish total qualifying direct deposit(s) of $2,000 to the new account
  • Get $300 when you open a new Virtual Wallet with Performance Select and establish total qualifying direct deposit(s) of $2,000 to the new account

The Offer

  • Bonus amount: $300
  • Available to residents in: AL, DC, DE, FL, GA, IL, IN, KY, MD, MI, MO, NC, NJ, NY, OH, PA, SC, VA, WI, and WV
  • How to open: Online or in-branch with coupon
  • How to qualify: establish total qualifying direct deposit(s) of $5,000 to the new account
  • Debit card transactions:  at least 10 debit card purchases with your PNC Bank Visa Debit Card
  • Credit card funding: up to $2,500, Visa & Mastercard only
  • Monthly fees: $25, waivable
  • Expiration date: 3/31/2018
  • Direct link to offer: https://www.pnc.com/en/personal-banking/banking/checking/campaigns/vw-tiered-offer-dot.html

SunTrust up to $500 Checking Bonus

Earn up to a $500 checking bonus when you open a new SunTrust checking account.

  • Earn $500 when you open and complete qualifications for the Signature Advantage account
  • Earn $250 when you open and complete qualifications for the Select Checking account

The Offer

  • Bonus amount: $500
  • Available to residents in: AL, AR, FL, GA, MD, MS, NC, SC, TN, WV, VA, and D.C Only
  • How to open: Online or in-branch
  • How to qualify: establish total qualifying direct deposit of $1,000 or $2,000 to the new account (for Select Checking accounts, at least $1,000 must be deposited; for Signature Advantage accounts, at least $2,000 must be deposited)
  • Minimum opening deposit: $100 within 14 days of account opening
  • Debit card transactions:  at least 10 debit card purchases with your SunTrust debit card within the first 60 days of opening
  • Monthly fees: up to $25, waivable
  • Expiration date: 4/30/2018
  • Direct link to offer: https://www.suntrust.com/Microsites/Checking/checking-offer/index.html
  • Account must be opened online with promo code Q118CHECKINGOL