Big banks are in a fierce competition to attract new customers, and they’re using some serious cash incentives to do it.
JPMorgan Chase Leads the Way with $900 Bonus
JPMorgan Chase is offering the biggest bonus right now, giving new customers a whopping $900 if they open both a checking and a savings account and meet certain requirements.
Here’s the breakdown:
- Checking Account Bonus: $300 for opening a checking account with direct deposit and depositing $500 within three months.
- Savings Account Bonus: $200 for opening a savings account and depositing at least $15,000 within 30 days, keeping the balance for 90 days.
- Combined Bonus: An additional $400 for opening both accounts and meeting all the requirements.
Other Banks Offering Hundreds in Bonuses
JPMorgan Chase isn’t the only bank offering generous sign-up bonuses. Here’s what other big banks are offering:
- Wells Fargo: $300 for opening a checking account with $1,000 in direct deposit within 90 days.
- Bank of America: $300 for opening a checking account with $2,000 in direct deposit within 90 days.
- Citibank: $300 for opening a checking account with $1,500 in direct deposit within 90 days.
So, if you’re thinking about switching banks, now might be a good time to take advantage of these lucrative offers. /p>
