Chicago’s skyline is dotted with some of the biggest names in banking. Whether you live in the Windy City or Aurora, you have access to a ton of competitive bank promotions in Illinois.
Illinois is teeming with bank bonuses that reward you for opening new checking, savings, brokerage, and business accounts.
To help streamline your research process, we’ve rounded up the best bank bonuses and promotions in Illinois, including their requirements and instructions on how to apply below.
Our Featured Nationwide Bonuses
Here are 3 of our featured bank bonuses that can be obtained nationwide:
HSBC
HSBC Premier
- Bonus
- up to $3000
- Account Type
- Personal Checking
- Expires In
- 60 days
- Requires
- Direct Deposit (optional)
- Min Balance (optional)
BMO
Personal Checking
- Bonus
- $400 Cash Bonus*
- Account Type
- Personal Checking
- Expires In
- 38 days
- Requires
- Direct Deposit
SoFi
SoFi Checking and Savings
- Bonus
- up to $300
- Account Type
- Personal Checking
- Expires In
- 183 days
- Requires
- Direct Deposit
See our list of the Best Banks in Illinois
Personal Checking Bonuses in Illinois
Here are the current personal checking promotions available in IL:
1. BMO Personal Checking - $400 Cash Bonus*
BMO is giving you 90 days to accumulate $4,000 in direct deposits to earn a $400 cash bonus* for opening a new BMO Smart Advantage Checking account or BMO Smart Money Checking account.
This offer is available nationally if you open online, or in-branch if you live in a state within their brick-and-mortar footprint. What's even better? They're also offering a $5/month kicker on their Savings Builder account every month you save $200 or more, for the first year..
This reward has increased compared to the bonus they offered earlier this year, with the same requirements.
BMO : Personal Checking
- Bonus Amount
- $400 Cash Bonus*
- Account Type
- Personal Checking
- Availability
- Nationwide
- Offer Expires
- September 8, 2025
- Bonus Requirements
-
- Open a new BMO Smart Advantage Checking account or BMO Smart Money Checking account using the link below.
- Within 90 days, have a total of $4,000 in qualifying direct deposits.
- If qualifications are met, bonus is paid approximately 100 days after account opening.
- *Conditions apply. Accounts are subject to approval and available in the U.S. by BMO Bank N.A. Member FDIC
at BMO
2. Quad City Bank and Trust Company Personal Checking - $300 bonus
Available to residents in Iowa and select Illinois counties, Quad City Bank and Trust Company is offering a $300 welcome bonus when you open a new personal checking account and set up direct deposit. They also want you to use your debit card at least once per statement cycle.
What's even more? You can also choose to get a Ninja® Espresso & Coffee Barista System + Tumbler or a Yeti Cooler in lieu of the cash bonus.g
Quad City Bank and Trust Company : Personal Checking
- Bonus Amount
- $300
- Account Type
- Personal Checking
- Availability
- IA, IL
- Offer Expires
- August 15, 2025
- Bonus Requirements
-
- Open a qualifying consumer checking account
- Within 90 days, set up reoccurring direct deposit totaling at least $1,000.
- Use your debit card at least once per cycle.
- Bonus will be awarded within 30 calendar days after all requirements are met and the account has been open a minimum of 30 days
at Quad City Bank and Trust Company
3. UBT Personal Checking - up to $500 bonus
Union Bank & Trust is offering $500 to new customers that sign up for one of their Simply Free, Simply Free Plus, Simply Free Platinum, or University checking accounts. This is no longer a tiered bonus, meaning regardless of which account you open, you'll earn the same amount.
You'll need to have $2,500 in direct deposits to earn the full reward amount, $500 more than when most recently offered.
Union Bank and Trust : Personal Checking
- Bonus Amount
- up to $500
- Account Type
- Personal Checking
- Availability
- AL, AZ, AR, CO, FL, IL, IA, KS, MN, MO, NE, NY, OK, SD, TX, WY
- Offer Expires
- September 30, 2025
- Bonus Requirements
-
- Open a new Simply Free, Simply Free Plus, Simply Free Platinum, or University checking account.
- Within 90 days, receive direct deposits totaling $2,500 or more.
- Bonus will be credited within 100 days of account opening.
at UBT
4. Fifth Third Bank Personal Checking - $350 bonus
Fifth Third Bank is back with their regular personal checking account bonus.
You can open the account online through the promotion's landing page, or choose instead to enter your email address to receive a unique code that you can take into your local branch.
Another perk? Users report receiving their bonus just days after the qualifying deposit is posted. Be sure to signup early though, as we've seen them pull their offer as it gets closer to the deadline.
Fifth Third Bank : Personal Checking
- Bonus Amount
- $350
- Account Type
- Personal Checking
- Availability
- FL, GA, IL, IN, KY, MI, NC, OH, SC, TN, WV
- Offer Expires
- September 30, 2025
- Bonus Requirements
-
- Open a new Momentum® Checking or Preferred checking account using the link below.
- Within 90 days, receive $500 in direct deposits.
- Bonus will be credited to your new account within 10 business days of meeting the requirements.
at Fifth Third Bank
5. Associated Bank Associated Checking - up to $600 bonus
Associated Bank is back with their personal checking bonus but this time offering a much higher payout. The requirements remain the same: direct deposits totaling $500 plus maintaining a minimum balance.
The offer is tiered so that the more you maintain, the more you earn, with $10,000 earning the full $600. Fortunately, all accounts titled to the primary account holder count toward this balance, including CDs, savings, MMA, and IRAs – so you don't even have to tie up your funds in a checking account to qualify.
Associated Bank : Associated Checking Account
- Bonus Amount
- up to $600
- Account Type
- Personal Checking
- Availability
- IA, IL, IN, KS, MI, MN, MO, OH, WI
- Offer Expires
- September 30, 2025
- Bonus Requirements
-
- Open a new personal checking account using the link below.
- Within 90 days, receive direct deposits totaling $500.
- Within 30 days of opening the account, deposit $1,000 to earn $300, $5,000 to earn $400, or $10,000 to earn $600.
- Maintain the balance from days 31-90.
- Bonus will be credited to your account within 120 days of opening the account.
at Associated Bank
6. Old Second Personal Checking - up to $300 bonus
Old Second National Bank is offering an easy tiered bonus. The first tier ($50) only requires enrolling in eStatements and obtaining a debit card! From there you can earn another $100 by connecting your direct deposit and $150 for opening a savings account.
Old Second National Bank : Personal Checking
- Bonus Amount
- up to $300
- Account Type
- Personal Checking
- Availability
- IL
- Offer Expires
- September 30, 2025
- Bonus Requirements
-
- Open a new checking account using promo code PK2.
- Within 90 days, receive a debit card and enroll in eStatements to earn $50.
- Within the same 90 days, receive 2 or more direct deposits totaling $500 to earn another $100.
- Within the same 90 days, open a Money Builder Savings account and reach a balance of at least $5,000 to earn another $150.
- Bonus(es) will be deposited 100 days following the date you opened the personal checking account.
at Old Second
7. Hanmi Bank Personal Checking - up to $200 bonus
Available in select states, Hanmi Bank is offering up to a $200 welcome bonus when you open a new personal checking account and maintain a minimum balance. This is a tiered offer, where solo accounts can earn $100 or joint accounts $200. Be sure to spend your points within 3 years or they will expire!
What's even more? You can also stack this offer with their business checking account to increase total earnings up to an additional $2,000!
Hanmi Bank : Personal Checking
- Bonus Amount
- up to $200
- Account Type
- Personal Checking
- Availability
- CA, IL, NJ, NY, TX, VA
- Offer Expires
- December 31, 2025
- Bonus Requirements
-
- Open a new personal checking account in branch (joint account required for highest bonus).
- Within 30 days, order and activate your debit card and enroll in uChoose Rewards.
- Starting the first full month, maintain a 3-month average daily balance of $3,000.
- Bonus will be rewarded as uChoose reward points and are credited within 30 days after the qualification period.
at Hanmi Bank
8. Central Bank of the Midwest Personal Checking - $300 bonus
Back for 2025! Available in Oklahoma, Kansas, Missouri, Illinois and possibly Colorado with the ability to open online, Central Bank of the Midwest is offering a $300 welcome bonus when you open a new checking account and set up direct deposit.
Central Bank of the Midwest : Personal Checking
- Bonus Amount
- $300
- Account Type
- Personal Checking
- Availability
- MO, OK, KS, CO, IL
- Offer Expires
- December 31, 2025
- Bonus Requirements
-
- Open an eligible personal checking account using the promo code RAF300.
- Deposit $50 or more at account opening.
- Within 90 days, make at least two or more qualifying direct deposits totaling $500 or more.
- Bonus will be deposited into the checking account within 15 business days after completing the requirements and the initial 90 day period is complete.
at Central Bank of the Midwest
9. Regions LifeGreen Checking - $300 bonus
Regions Bank is back with their $300 bonus for new LifeGreen® Checking account customers. You'll need to first register for the bonus by December 31, then open your account by January 31.
Regions Bank : LifeGreen Checking
- Bonus Amount
- $300
- Account Type
- Personal Checking
- Availability
- AL, AR, FL, GA, IL, IN, IA, KY, LA, MS, MO, NC, SC, TN, TX
- Offer Expires
- December 31, 2025
- Bonus Requirements
-
- Register for the offer by March 31 at the link below.
- By January 31 2026, open a new personal LifeGreen® Checking account online (promo code PS25Q3 if asked) or at your local branch by presenting your personalized email voucher.
- Enroll in online banking.
- Within 90 days, receive direct deposits totaling $1,000.
- Bonus will be credited to your account within 60 days of completing the requirements.
at Regions
10. TBK Bank Everyday Checking - up to $175 bonus
TBK Bank is offering new Everyday Checking customers up to $175 for completing certain requirements within 120 days. Each requirement has an associated reward, and you can choose to partake in as many or as few of the requirements as you'd like!
This time around there's an additional $50 bonus available if you get a referral code for being a TBK at Work participant.
TBK Bank : Everyday Checking
- Bonus Amount
- up to $175
- Account Type
- Personal Checking
- Availability
- CO, IL, IA, KS, TX
- Bonus Requirements
-
- Open a new Everyday Checking account.
- Within 120 days, receive 3 direct deposits totaling $3,000 to earn $50.
- Within the same 120 days, complete 3 automatic transfers from this account to a TBK Bank savings or money market account to earn $25.
- Within the same 120 days, make 9 bill pay payments to earn $25.
- Within the same 120 days, make 50 debit card purchases to earn $25.
- NEW: Earn an additional $50 bonus when you indicate that you are a TBK at Work Participant and provide a TBK Bank referral code during the qualifying bonus period.
- Any bonuses earned will deposit within 1 business day following the 120 day qualifying period.
at TBK Bank
11. Busey Bank Pillar Banking - $750 bonus
Available primarily in select midwestern states, Busey Bank is offering a $750 welcome bonus when you open a new Pillar Bundle account and deposit new money. Pillar Bundle is a combination of their Pillar checking and money market accounts.
This bonus requires a lot of cash...a minimum of $50,000 to be exact!
Busey Bank : Pillar Banking
- Bonus Amount
- $750
- Account Type
- Personal Checking
- Availability
- FL, IL, IN, MO
- Bonus Requirements
-
- Open a new Pillar Bundle using the promocode 750BONUS
- Within 90 days, deposit a total of at least $50,000 in new money into the new accounts.
- Bonus will be applied to Pillar Banking account 90 days after account opening if all qualifications have been met.
at Busey Bank
12. TBK Bank Launch Checking - up to $50 bonus
TBK Bank is offering new Launch Checking customers up to $50 for completing various requirements within 120 days. Each requirement offers a $10 bonus, and you can choose to partake in as many or as few of the requirements as you'd like!
TBK Bank : Launch Checking
- Bonus Amount
- up to $50
- Account Type
- Personal Checking
- Availability
- CO, IL, IA, KS, TX
- Bonus Requirements
-
- Open a new Launch Checking account.
- Within 120 days, receive 3 direct deposits totaling $1,500 to earn $10.
- Within the same 120 days, complete 9 Bill Pay transactions, earn $10.
- Within the same 120 days, make 3 mobile deposits, earn $10.
- Within the same 120 days, make 30 debit card purchases to earn $10.
- Finally, earn $10 when you signup and pay/receive at least 8 times via Zelle.
- Any bonuses earned will deposit within 1 business day following the 120 day qualifying period.
at TBK Bank
13. Dupaco Community Credit Union Personal Checking - $300 bonus
Available in Iowa and select bordering counties of Illinois and Wisconsin, Dupaco Community Credit Union is offering a $300 welcome bonus when you open a new personal checking account and meet "active account" status. Luckily, they have several ways to you do this so you get to select which one is most convenient for you.
Dupaco Community Credit Union : Personal Checking
- Bonus Amount
- $300
- Account Type
- Personal Checking
- Availability
- IA, WI, IL
- Bonus Requirements
-
- Open a new account online with promocode CHECK300 or mention the offer in branch or over phone. Within 90 days of account opening, either: a) Set up direct deposit to your checking account, and have a total of five or more check, debit card or automated clearing house (ACH) debit transactions on that checking account, OR have one of the following: ten check transactions, eight debit card transactions, five ACH debit transactions or three bill pay transactions on that checking account.
- Bonus will be deposited to the checking account 3-5 business days after active checking status is met.
at Dupaco Community Credit Union
14. TBK Bank AIM Checking - up to $275 bonus
TBK Bank is offering new AIM Checking customers up to $275 for completing certain requirements within 120 days. Each requirement has an associated reward, and you can choose to partake in as many or as few of the requirements as you'd like!
This time around there's an additional $75 bonus available if you get a referral code for being a TBK at Work participant.
TBK Bank : AIM Checking
- Bonus Amount
- up to $275
- Account Type
- Personal Checking
- Availability
- CO, IL, IA, KS, TX
- Bonus Requirements
-
- Open a new AIM Checking account.
- Within 120 days, do any of the following to earn their respective bonus amount: Make at least 3 direct deposits totaling a minimum of $12,000 - earn $100; Complete at least 3 recurring automatic transfers from this account to a TBK Bank savings or money market account - earn $50; Make 9 Bill Pay payments to service providers - earn $25; Make 50 Point-of-Sale one time or recurring debit card transactions - earn $25.
- NEW: Earn an additional $75 bonus when you indicate that you are a TBK at Work Participant and provide a TBK Bank referral code during the qualifying bonus period.
- Bonus earned will deposit within 1 business day following the 120 day qualifying period.
at TBK Bank
15. CIBC Personal Checking - $200 bonus
CIBC is offering a $200 welcome bonus when you open a new personal checking account and complete an ACH deposit. This is the first time we've seen an offer from CIBC U.S. so now might be a good time to jump on it if you're near a branch.
CIBC Bank USA : Personal Checking
- Bonus Amount
- $200
- Account Type
- Personal Checking
- Availability
- IL, MI, WI, MO
- Bonus Requirements
-
- Go into a branch and open an iCan or MyChoice checking account with at least $500.
- Within 90 days of opening the account, make 1 direct deposit or ACH transaction to the account.
- During this same 90 day period, elect to receive eStatements through CIBC NetBanking.
- Bonus will be credited to the account within 100 days after account opening.
at CIBC
16. Advia Credit Union Personal Checking - $250 bonus
Available to residents in select counties of Michigan, Illinois, and Wisconsin, Advia Credit Union is offering a $250 welcome bonus when you open a new personal checking account and reach Advantage Plus status. What's even more? You can stack this offer with their other promotions if you have a Mortgage or Auto, RV, HELOC, or Personal Loan to earn a total of up to $1,000.
Advia Credit Union : Personal Checking
- Bonus Amount
- $250
- Account Type
- Personal Checking
- Availability
- IL, MI, WI
- Bonus Requirements
-
- Open a new member account and checking account with promo code NM1000.
- Meet the requirements for Advantage Plus Rewards (20+ debit/credit purchases, $400 in monthly e-deposits).
- Bonus paid within 45 days following month-end reporting showing qualifications have been met.
at Advia Credit Union
17. Elite Community Credit Union Share Draft - $125 bonus
New customers can receive $125 from Elite Community Credit Union when they open a new checking account and set up direct deposit. You'll also need to get a debit card and complete some transactions to receive the bonus.
Elite Community Credit Union : Share Draft
- Bonus Amount
- $125
- Account Type
- Personal Checking
- Availability
- IL
- Bonus Requirements
-
- Open a share draft account.
- Make a recurring direct deposit.
- Complete 10 transactions in a month.
- Sign up for a debit card.
- Bonus will be received after 1st direct deposit posts and 10 transactions after occurred.
at Elite Community Credit Union
18. Republic Bank Student Checking - up to $100 bonus
If you live in Illinois, Republic Bank is offering youth ages 13-24 a $100 welcome bonus when you open a new student checking account and use your debit card. To receive the full bonus amount, you'll also need to setup a Starter Statement Savings or Statement Savings account at the same time.
Republic Bank of Chicago : Student Checking
- Bonus Amount
- up to $100
- Account Type
- Student Checking
- Availability
- IL
- Bonus Requirements
-
- Open a new Student Checking account.
- At the same time you open your checking account, also open up a Starter Statement Savings or Statement Savings account, receive $50.
- Within 60 days, complete a direct deposit of any amount into your checking account OR make 10 debit card transactions, receive $50.
- Bonuses will be deposited 30 business days after performing required actions.
at Republic Bank
19. Premier America Credit Union Smart Spending - $25 bonus
Available in California and Texas with the ability to open online, Premier America Credit Union is offering a $25 "Head Start" welcome bonus when you open a new Smart Spending account and set up direct deposit. We most recently saw PACU offer up $100 for the same requirements. May be worth holding out for a little while in case the old offer comes back.
Premier America Credit Union : Smart Spending
- Bonus Amount
- $25
- Account Type
- Personal Checking
- Availability
- CA, TX, AZ, NM, CO, PA, FL, OH, WV, DE, NJ, SC, NC, GA, KY, IN, MI, IL, MD, DC, WV, WI
- Bonus Requirements
-
- Become a member of Premier America Credit Union and automatically setup a Smart Spending account.
- Within 45 days, make a recurring direct deposit into this account of at least $200.
at Premier America Credit Union
20. Advia Credit Union Personal Checking - $200 bonus
Advia Credit Union is offering up to a $200 bonus for you and a friend when you refer someone new to join the credit union. They'll need to complete a series of steps to earn the max amount. First, earn $50 when they open a personal checking account and meet the requirements for Advantage Plus Rewards (20+ debit/credit purchases, $400 in monthly deposits); Earn an additional $50 if they have a combined deposit amount of $10,000+; Finally, earn $100 when they open personal loan(s) totaling $5,000 or more.
It's important to note that even though their field of membership includes Wisconsin, this bonus offer is not available to folks living there.
Advia Credit Union : Personal Checking
- Bonus Amount
- $200
- Account Type
- Personal Checking
- Availability
- MI, IL
- Bonus Requirements
-
- Be an existing member of ACU.
- Register online and refer a friend at the url below.
- Within 90 days, ensure they open a new personal checking account and reach qualifications for Advantage Plus Rewards (20+ debit/credit purchases, $400 in monthly deposits) – earn $50.
- Within the same 90 days, ensure the new member accrues new aggregate deposits held of $10,000 or more – earn $50.
- Within the same 90 days, if the new member opens up one or more personal loans totaling $5,000 or more you'll both earn $100.
- Referral bonus payout(s) will be paid in one sum via deposit into the Primary Savings of both referring (current) and qualifying new (referred) member who meet stated criteria no more than forty-five (45 days) following first three (3) months of membership.
at Advia Credit Union
21. American Bank and Trust Company Green Plus Checking - $100 bonus
Available mostly in Illinois, American Bank and Trust is offering a $100 welcome bonus when you open a new Green Plus checking account. This bonus doesn't come with a lot of requirements and is definitely worth a look if you have a location near you.
American Bank and Trust Company : Green Plus Checking
- Bonus Amount
- $100
- Account Type
- Personal Checking
- Availability
- IA, IL
- Bonus Requirements
-
- Open a new Green Plus Checking account.
- Within 30 days, make a deposit and complete 5 debit purchases.
- During the first 30 days, maintain a balance of at least $0.01.
- Bonus will appear as an account credit on the first business day after 30 days.
at American Bank and Trust Company
22. Republic Bank Personal Checking - $150 bonus
If you live in Illinois, Republic Bank is offering a $150 welcome bonus when you open a new personal checking account and set up direct deposit.
The direct deposit requirement has no amount specified, so any qualified direct deposit will do.
Republic Bank of Chicago : Personal Checking
- Bonus Amount
- $150
- Account Type
- Personal Checking
- Availability
- IL
- Bonus Requirements
-
- Open a new personal checking using the link below.
- Within 60 days, receive a direct deposit of any amount.
- Bonus will be credited to your new account within 30 days of meeting the requirements.
at Republic Bank
23. Regions LifeGreen Checking - $50 bonus
Available primarily in the Southeast with the ability to open online, Regions is offering a $50 bonus when you refer a friend to open a new personal checking account. What's even more? Your friend will also receive a $50 bonus (if you refer a business, they'll get a $150 bonus).
Your friend can stack this offer with their checking account bonus to earn a total of $250.
Regions Bank : LifeGreen Checking
- Bonus Amount
- $50
- Account Type
- Personal Checking
- Availability
- AL, AR, FL, GA, IL, IN, IA, KY, LA, MS, MO, NC, SC, TN, TX
- Bonus Requirements
-
- Have an existing Regions account.
- Refer a friend or family member using the link below and ensure they open a new account within 90 days.
- Within 60 days of opening the account, the person you referred must complete the following: 1) make at least 10 debit card purchases; 2) make a direct deposit of at least $300; and 3) enroll in eStatements.
- Bonus will be paid as a Rewards Card sent via mail within 120 days of all requirements being met.
at Regions
Note: Don’t see an offer that piques your interest? You can use our tool to explore a full list of bank promotions
Personal Savings Bonuses in Illinois
Here are the current personal savings promotions available in IL:
1. Commerce Bank myRewards Savings - up to $40 bonus
Commerce Bank offers a small boost to your savings: open a myRewards savings account, and they'll match your average monthly deposit, up to $20 per account. You can repeat this for up to 5 accounts, but they cap the reward at $40 total. So, if you're depositing $20 into each account, you're actually capped at the first 2 accounts.
This is an annual benefit of the account (versus a one-time welcome offer). So, while the amount is low, it's a good deal for those putting money into savings accounts anyway.
This used to be a $50 offer ($100 total each year), but they've decreased the reward in recent years.
Commerce Bank : myRewards Savings
- Bonus Amount
- up to $40
- Account Type
- Personal Savings
- Availability
- CO, IL, KS, MO, OK
- Bonus Requirements
-
- Open a new myRewards Savings account using the link below.
- Deposit $20 each month for 11 months in a row to get a $20 bonus on the 12th month.
at Commerce Bank
2. Marquette Bank YoungMarq Savings - $25 bonus
If you're under 21 (or have a kiddo that is) and live in their Chicago-area footprint, Marquette Bank is offering a cash bonus of $25 if you open a new YoungMarq Savings account and fund it with $25.
While it's not a huge bonus, the requirements are super easy – the offer doubles your savings deposit and is credited to your account instantly.
Marquette Bank : YoungMarq Savings Account
- Bonus Amount
- $25
- Account Type
- Student Savings
- Availability
- IL
- Bonus Requirements
-
- Open a new YoungMarq Savings Account by phone or in-branch.
- At the time of opening, deposit $25 into the account.
- Bonus will be credited instantly.
at Marquette Bank
3. Marquette Bank ValueMarq Savings - $25 bonus
If you're an active military member, veteran, or first responder that lives in their Chicago-area footprint, Marquette Bank is offering a $25 bonus if you open a new ValueMarq Savings account.
To be eligible, you'll need to contribute $75 to the account at the time of opening – which, combined with the $25 bonus, will fulfill the $100 opening deposit requirement.
Not a huge bonus, but the low requirements and instant fulfillment makes it worthwhile.
Marquette Bank : ValueMarq Savings
- Bonus Amount
- $25
- Account Type
- Personal Savings
- Availability
- IL
- Bonus Requirements
-
- Open a new ValueMarq Savings account by phone or in-branch.
- At the time of opening, deposit $75 into the account.
- Bonus will be credited instantly and count toward your $100 opening deposit.
at Marquette Bank
4. BMO Savings Builder - up to $60 bonus
$5 extra each month just for putting money into my own savings account? OKAY. BMO is offering a total of $60 (5 bucks a month for a maximum of 12 months) as a savings-incentive bonus if you open a new Savings Builder account.
Pro tip: maximize your bonus by also taking advantage of either of the personal checking account welcome bonuses they're offering.
BMO : Savings Builder
- Bonus Amount
- up to $60
- Account Type
- Personal Savings
- Availability
- Nationwide
- Bonus Requirements
-
- Open a new Savings Builder account using the link below.
- Earn an extra $5 for every month you deposit at least $200 into the account, for up to 12 months.
at BMO
Business Bonuses in Illinois
Here are the current business banking promotions available in IL:
1. First National Bank of Omaha Free Business Checking - $250 bonus
First National Bank of Omaha is offering new business checking account customers a $250 welcome bonus. You'll get a new account bonus just for opening the account and making a relatively small deposit.
One call out is that the fine print states that the bonus is only available if you open at a new branch location, but then it also specifies an online code to use (250BIZ).
First National Bank of Omaha : Free Business Checking
- Bonus Amount
- $250
- Account Type
- Business Checking
- Availability
- CO, IA, IL, KS, NE, SD, TX, WY
- Offer Expires
- August 15, 2025
- Bonus Requirements
-
- Open a new Free Business Checking account in-branch with promocode 250BIZ.
- Within 31 days from account opening, deposit $1,000 in deposits OR complete 10 debit card transactions.
- Bonus will be deposited within 31 days.
at First National Bank of Omaha
2. Associated Bank Business Checking - up to $750 bonus
Back for 2025! Available in quite a few midwestern states, Associated Bank is offering up to a $750 welcome bonus when you open a new business checking account and deposit new money. The business account you open will determine what the max bonus amount you'll be eligible for.
What's even more? You can stack this offer with their personal checking account bonuses to earn a lot more!
Associated Bank : Business Checking
- Bonus Amount
- up to $750
- Account Type
- Business Checking
- Availability
- IA, IL, IN, KS, MI, MN, MO, OH, WI
- Offer Expires
- September 30, 2025
- Bonus Requirements
-
- Be a new business checking customer and open a new business checking account.
- Open a Business Foundation Checking® account and deposit $2,000 in new money within 30 days, earn a $100 bonus; Open a Business Core Checking® account and deposit $5,000 in new money, earn a $400 bonus; Open a Business Advanced Checking® account and deposit $20,000 in new money, earn $750
- Maintain the minimum balance between days 31 to 90.
- Bonus will be deposited into the new Associated Bank business checking account within 120 days of account opening.
- Keep the account open for at least 12 months
at Associated Bank
3. Hanmi Bank Business Checking - up to $2000 bonus
Available in select state, Hanmi Bank is offering up to a $2,000 welcome bonus when you open a new business checking account and maintain a minimum balance. This is a tiered offer, the higher minimum balance you can maintain, the more you can earn. Be sure to spend your points within 3 years or they will expire!
What's even more? You can also receive a $250 rebate on Clover devices when you're a new Merchant Services customer. You can also stack this offer with their personal checking account to increase total earnings.
Hanmi Bank : Business Checking
- Bonus Amount
- up to $2000
- Account Type
- Business Checking
- Availability
- CA, IL, NJ, NY, TX, VA
- Offer Expires
- September 30, 2025
- Bonus Requirements
-
- Open a new business checking account in branch.
- Within 30 days, order and activate your business debit card and enroll in uChoose Rewards.
- Starting the first full month, maintain a 3-month average daily balance as follows: $15,000 ($250 bonus), $50,000 ($1,000 bonus), $100,000 ($2,000 bonus).
- Bonus will be rewarded as uChoose reward points and are credited within 30 days after the qualification period.
at Hanmi Bank
4. Citi® Business Checking - up to $2000 bonus
CitiBusiness if offering up to $2,000 when you open a new business checking account in-branch and make a minimum deposit within 30 days.
This is a tiered offer, where the more you deposit the more you earn (starting at a $300 bonus for $5,000, up to the full $2,000 for depositing a cumulative $200,000).
If you have the cash and live close to a physical branch, this is a solid welcome bonus. The lowest tier represents a 12% effective rate on your savings – not bad!
Branches currently located in the following metropolitan areas: Los Angeles (CA), Orange County (CA), Riverside (CA), San Diego (CA), San Francisco (CA), Miami (FL), Chicago (IL), Baltimore (MD), Las Vegas (NV), New York City (NY), and Washington, DC.
Citi® : Business Checking Account
- Bonus Amount
- up to $2000
- Account Type
- Business Checking
- Availability
- CA, FL, IL, MD, NV, NY, DC
- Offer Expires
- October 6, 2025
- Bonus Requirements
-
- Open a new Citibank business checking account in-branch and ask to be enrolled in this offer.
- Within 45 days, deposit $5,000 to earn $300, $20,000 to earn $500, $50,000 to earn $1,000, $100,000 to earn $1,500, or $200,000 to earn $2,000.
- Starting Day 46, Maintain that balance for 45 consecutive days.
at Citi®
5. Huntington Unlimited Business Checking - $400 bonus
Huntington is offering a welcome bonus to those opening new business checking accounts. This one offers $400 for a $5,000 deposit. They're also running $100 and $1,000 offers for $2,000 and $20,000 deposits, respectively.
While the account needs to remain open for 6 months to avoid forfeiting the offer, you will get the bonus within 2 weeks of meeting the requirement which is pretty great!
Huntington National Bank : Unlimited Business Checking
- Bonus Amount
- $400
- Account Type
- Business Checking
- Availability
- OH, MI, IN, PA, KY, WV, IL
- Offer Expires
- October 16, 2025
- Bonus Requirements
-
- Open a new Unlimited Business Checking account using the link below.
- Within 60 days, make deposits totaling $5,000.
- Keep the account open for at least 90 days.
- Bonus will be deposited to your new account within 14 days of meeting the requirements.
at Huntington
6. Huntington Unlimited Plus Business Checking - $1000 bonus
Huntington is offering a welcome bonus to those opening new business checking accounts. This one offers $1,000 for a $20,000 deposit. Don't have $20k? They're also running $100 and $400 offers for $2,000 and $5,000 deposits, respectively.
While the account needs to remain open for 6 months to avoid forfeiting the offer, you will get the bonus within 2 weeks of meeting the requirement which is pretty great!
Huntington National Bank : Unlimited Plus Business Checking
- Bonus Amount
- $1000
- Account Type
- Business Checking
- Availability
- OH, MI, IN, PA, KY, WV, IL
- Offer Expires
- October 16, 2025
- Bonus Requirements
-
- Open a new Unlimited Plus Business Checking account using the link below.
- Within 60 days, make deposits totaling $20,000.
- Maintain minimum daily balance of $20,000 for 60 days after meeting deposit requirement.
- Keep the account open for at least 90 days.
- Bonus will be deposited to your new account within 14 days of meeting the requirements.
at Huntington
7. TBK Bank Business Interest Checking - up to $200 bonus
TBK Bank is offering new Business Interest Checking customers up to $200 for completing certain requirements within 120 days. Each requirement has an associated reward, and you can choose to partake in as many or as few of the requirements as you'd like!
This offer is considerably lower (the merchant services bonus was sliced considerably) from when it was offered a couple years ago.
TBK Bank : Business Interest Checking
- Bonus Amount
- up to $200
- Account Type
- Business Checking
- Availability
- CO, IL, IA, KS, TX
- Bonus Requirements
-
- Open a new Business Interest Checking account using the link below.
- Within 120 days, enroll in TBK Bank Merchant Services to earn $100.
- Within the same 120 days, complete 3 recurring automatic transfers from this account to a TBK Bank savings or money market account to earn $50.
- Within the same 120 days, make one debit card purchase to earn $25.
- Within the same 120 days, open and fund an AIM or Everyday personal checking account to earn $25.
- Any qualifying bonus will be credited to this Business Interest Checking account on the next business day following the end of the 120-day bonus period.
at TBK Bank
8. Regions Business Checking - $150 bonus
Available primarily in the Southeast, Regions is offering a $150 bonus when you refer a friend to open a new business checking account. What's even more? Your friend will also receive a $150 bonus (if you refer a personal account, they will only receive a $50 bonus).
Regions Bank : Business Checking
- Bonus Amount
- $150
- Account Type
- Business Checking
- Availability
- AL, AR, FL, GA, IL, IN, IA, KY, LA, MS, MO, NC, SC, TN, TX
- Bonus Requirements
-
- Have an existing Regions account.
- Refer a friend or family member using the link below and ensure they open a new account within 90 days with an opening deposit of at least $500.
- Within 60 days of opening the account, the person you referred must make at least one Visa Business CheckCard purchase and enroll in eStatements.
- Bonus will be paid as a Rewards Card sent via mail within 120 days of all requirements being met.
at Regions
9. TBK Bank Business Basic Checking - $100 bonus
TBK Bank is offering new Business Basic Checking customers up to $100 for completing certain requirements within 120 days. Each requirement has an associated reward, and you can choose to partake in as many or as few of the requirements as you'd like!
TBK Bank : Business Basic Checking
- Bonus Amount
- $100
- Account Type
- Business Checking
- Availability
- CO, IL, IA, KS, TX
- Bonus Requirements
-
- Open a new Business Basic Checking account using the link below.
- Within 120 days, enroll in TBK Bank Merchant Services to earn $25.
- Within the same 120 days, complete 3 recurring automatic transfers from this account to a TBK Bank savings or money market account to earn $25.
- Within the same 120 days, make one debit card purchase to earn $25.
- Within the same 120 days, open and fund an AIM or Everyday personal checking account to earn $25.
- Any qualifying bonus will be credited to this Business Interest Checking account on the next business day following the end of the 120-day bonus period.
at TBK Bank
10. TBK Bank Business Checking - up to $150 bonus
TBK Bank is offering new Business Checking customers up to $150 for completing certain requirements within 120 days. Each requirement has an associated reward, and you can choose to partake in as many or as few of the requirements as you'd like!
Note: Business Checking is the name of their mid-tier business checking account. They have other bonuses available for their other business checking accounts.
TBK Bank : Business Checking
- Bonus Amount
- up to $150
- Account Type
- Business Checking
- Availability
- CO, IL, IA, KS, TX
- Bonus Requirements
-
- Open a new Business Checking account using the link below.
- Within 120 days, enroll in TBK Bank Merchant Services to earn $75.
- Within the same 120 days, complete 3 recurring automatic transfers from this account to a TBK Bank savings or money market account to earn $25.
- Within the same 120 days, make one debit card purchase to earn $25.
- Within the same 120 days, open and fund an AIM or Everyday personal checking account to earn $25.
- Any qualifying bonus will be credited to this Business Interest Checking account on the next business day following the end of the 120-day bonus period.
at TBK Bank
See our full list of the Best Business Checking Account Promotions
Investing Bonuses
Here are the current investing promotions available in your area:
1. J.P. Morgan Self-Directed Investing - up to $700 bonus
Available nationwide with the ability to open online, J.P. Morgan Wealth Management is offering up to a $700 welcome bonus when you open a new Self-Directed Investing account with qualifying minimum funding.
This is tiered bonus, meaning that the more you deposit, the more you may be eligible to earn. New for this iteration, J.P. Morgan has introduced a lower tier at $5,000, down from the previous $25,000 entry point and raised the max bonus amount!
Here are all 4 tiers of this investing bonus:
| New Money Added | Bonus Amount |
|---|---|
| $5,000-$24,999 | $50 |
| $25,000-$99,999 | $150 |
| $100,000-$249,999 | $325 |
| $250,000+ | $700 |
This is the highest offer that we've seen to-date from J.P. Morgan.
J.P. Morgan Wealth Management : Self-Directed Investing
- Bonus Amount
- up to $700
- Account Type
- Investment
- Availability
- Nationwide
- Offer Expires
- October 21, 2025
- Bonus Requirements
-
- Open a J.P. Morgan Self-Directed Investing account using the link below.
- Within 45 days, fund your account with qualifying new money; $5,000 - $24,999 = $50 bonus; $25,000 - $99,999 = $150 bonus; $100,000 - $249,999 = $325 bonus, $250,000 = $700 bonus.
- Your bonus amount will be determined on day 45.
- Maintain your new funds for 90 days (losses due to trading or market fluctuation will not be taken into account).
- Bonus will be received within 15 days.
- INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE
at J.P. Morgan
2. Tastytrade Investment - up to $5000 bonus
Tastytrade is offering new (and existing!) customers up to $5,000 cash when you open a new non-IRA brokerage account and fund the account with at least $5,000. This time around they added a tier, increasing the max bonus from $3,000 to $5,000!
Keep in mind that this is a tiered bonus. You'll need at least $5,000 to earn $100, $25,000 to earn $500, and at least $1,000,000 for the full $5,000 bonus.
This welcome bonus is in addition to other account perks, like reduced fees when you make larger trades.
Tastytrade : Investment Account
- Bonus Amount
- up to $5000
- Account Type
- Investment
- Availability
- Nationwide
- Offer Expires
- August 30, 2025
- Bonus Requirements
-
- Be a new Tastyworks customer (or existing customer that hasn't funded an account).
- Open a new brokerage account using promocode MYNEWBONUS in the REFERRAL CODE FIELD. (IRA and Trust accounts are not eligible)
- Make initial funding deposits totaling $5,000 or more to earn $100; $25,000 - $99,999 to earn $500 or $100,000 - $249,999 to earn $2,000, $250,000 - $499,999 to earn $3,000; $500.000 - $999,999 to earn $4,000 or $1,000,000+ to earn $5,000.
- Bonus will be posted approximately 1 week from the time the initial deposits have settled.
at Tastytrade
3. Citi® Personal Wealth Management - $5000 bonus
Earn up to $5,000 when you open or enroll a new or existing eligible Personal Wealth Management account with new-to-Citi funds.
This is a tiered bonus based on how much you deposit and maintain for the first 3 months. They've up the reward amounts for their upper tiers this go around.
There are 5 levels, starting with a $500 bonus for deposits $50,000 - $199,999 and going up to $5,000 for $2,000,000+.
Citi® : Personal Wealth Management
- Bonus Amount
- $5000
- Account Type
- Investment
- Availability
- Nationwide
- Offer Expires
- September 30, 2025
- Bonus Requirements
-
- Contact Citi to open or enroll a new or existing eligible Citi Personal Wealth Management account
- Fund the Citi Personal Wealth Management account with New-to-Citi Funds within 2 months of account opening (deposit $50,000 for a $500 bonus, $200,000 for a $1,000 bonus, $500,000 for a $2,000 bonus, $1,000,000 for a $3,000 bonus and $2,000,000+ for the $5,000 bonus)
- Enroll into e-delivery of statements within 2 months of account opening.
- Maintain the new funding through the end of the next month (or 3 months after the month of account enrollment).
at Citi®
4. Robinhood Investing - Free stock (up to $200) bonus
Robinhood is a commission-free stock trading platform that's had mixed headlines in the news (GME, what?). But Robinhood is a popular choice – particularly among beginner investors – due to their sleek, easy-to-use app.
This is a program that many investment apps now offer, but Robinhood pioneered: sign up and get a free stock. The stock has a 98% chance of being worth $5-$10, so this isn't an amazing bonus, but it's something for almost nothing (you don't even need to fund your account). The stock will hit your account within a week, and is tradeable 2 days after that.
Robinhood : Investing Account
- Bonus Amount
- Free stock (up to $200)
- Account Type
- Investment
- Availability
- Nationwide
- Bonus Requirements
-
- Open a new Robinhood investing account using the link below.
- Link your bank account.
- Stock bonus will be credited to the enrolled account within approximately one week.
at Robinhood
5. Acorns Invest - $20 bonus
Acorns is offering BankBonus.com users a $20 welcome bonus when you open a new Invest account. You just need to open the account from the link below and fund it with $5 to earn the reward.
What's more? They've been running amazing referral bonuses. So, sign up for a new account and then share your referral link with friends and family, and you could be pocketing up to $1,000+ each week!
Acorns : Acorns Invest
- Bonus Amount
- $20
- Account Type
- Investment
- Availability
- Nationwide
- Bonus Requirements
-
- Open a new Acorns Invest account using the link below.
- Fund account with at least $5.
at Acorns
6. Tradestation Brokerage - up to $3500 bonus
Tradestation is offering investors up to $3,500 in bonus cash when you add new funds to a new or existing investing account. You only need $5,000 to earn the first tier bonus ($150), and up to $5M to earn the full $3,500. It's worth noting each of the tiers are considerably higher this time around than when it was previously offered.
Tradestation : Brokerage Account
- Bonus Amount
- up to $3500
- Account Type
- Investment
- Availability
- Nationwide
- Bonus Requirements
-
- Enroll an existing account or open a new account using promo code TSTVAGFD at the url below.
- Within 45 days, fund your account.
- To receive $150 bonus, fund with $5,000- $24,999; To receive $300 bonus, fund with $25,000- $99,999; To receive $500 bonus, fund with $100,000-$249,999; To receive $1,000 bonus, fund with $250,000-$499,999; To receive $2,000 bonus, fund with $500,000-$999,999; To receive $3,500 bonus, fund with $1,000,000+.
- Bonus will be deposited into the account the month following the end of the 270-calendar day holding period.
at Tradestation
7. Bank of America Merrill Edge Self-Directed - up to $600 bonus
Available nationwide with the ability to open online, Bank of America's Merrill Edge is offering up to a $600 welcome bonus when you open a new Merrill Edge Self-Directed account and make an initial deposit.
What's more? There's also a $1,000 Merrill Edge bonus for those enrolled in Bank of America's Preferred Rewards program. The lower tiers are also bumped as well.
We only list the most popular tiers; however, here's a complete list of tiers you can ask for:
- $20,000 to $49,999 – $100
- $50,000 to $99,999 – $150
- $100,000 to $199,999 – $250
- $200,000 to $299,999 – $600
- $300,000 to $499,999 – $1,000
- $500,000 to $999,999 – $1,500
- $1,000,000 or more – $2,500
- $2,000,000 or more – $3,500
- $5,000,000 or more – $5,000
- $10,000,000 or more – $7,500
Bank of America : Merrill Edge Self-Directed
- Bonus Amount
- up to $600
- Account Type
- Investment
- Availability
- Nationwide
- Bonus Requirements
-
- Open a new Self-Directed Trading account from Merrill Edge using promo code "600ME".
- Within 45 days, fund your account with new money from outside Bank of America. To earn a $100 bonus, deposit $20,000-$49,999; To earn a $150 bonus, deposit $49,999-$99,999; To earn a $250 bonus, deposit $100,000-$199,999; To earn a $600 bonus, deposit $200,000 - $299,999.
- Maintain that balance for at least 90 days.
- Bonus will be deposited within two weeks following the end of the 90 day period.
at Bank of America
8. Citi® Self Invest - up to $500 bonus
Available nationwide to new and existing customers, Citi is offering up to a $500 bonus when you add new-to-Citi funds to a Citi® Self Invest account.
As is typical with Citi promotions, this is a tiered offer: the more you add, the more you earn. You'll need to deposit at least $10,000 to earn a $100 reward, or at least $200,000 to receive the full $500.
You'll need to also maintain your funds through a date defined on the Citi website, depending on the month in which you open your account.
Citi® : Citi® Self Invest
- Bonus Amount
- up to $500
- Account Type
- Investment
- Availability
- Nationwide
- Bonus Requirements
-
- Open a new Citi® Self Invest account or add new-to-Citi funds to an existing account.
- Opt-in to eDelivery of statements and confirmations.
- Bonus will be tiered based on the total amount added: $10,000 to earn $100; $50,000 to earn $200; $200,000 to earn the full $500.
- Maintain the New-To-Citi funds in your account through the “maintain funds” deadline as outlined in the chart.
- Bonus will be credited on the last day of the 3rd month following the “maintain funds” period.
at Citi®
9. Charles Schwab Schwab One® - up to $1000 bonus
If you're not currently a Schwab customer, you can open any investment account and earn a referral bonus based on your net deposit within 45 days. This includes retail brokerage accounts, individual retirement accounts, or the managed portfolios like Schwab Intelligent Portfolios®.
Keep in mind that the link above is only for details – you will need to open the account through a referral link from an existing Schwab customer in order to qualify for the promo.
This is a tiered bonus, the more you deposit, the more you can earn.
- Tier 1 | Balance Maintained: $25,000 - $49,999: $100 Bonus
- Tier 2 | Balance Maintained: $50,000 - $99,999: $300 Bonus
- Tier 3 | Balance Maintained: $100,000 - $499,999: $500 Bonus
- Tier 4 | Balance Maintained: $500,000+: $1,000 Bonus
Charles Schwab : Schwab One®
- Bonus Amount
- up to $1000
- Account Type
- Investment
- Availability
- Nationwide
- Bonus Requirements
-
- Open a new account using a referral link from an existing member.
- Within 45 days, make a qualifying net deposit between $25,000 - $500,000+ in cash or securities, earning the reward that correlates with that tier ($100-$1,000).
- The net deposit amount at the end of 45 day period will be used to calculate your bonus tier.
- Bonus will be paid into your account about a week after the 45-day period.
at Charles Schwab
10. SoFi SoFi - $15 bonus
SoFi is offering a $15 welcome bonus for you and a friend when you refer someone to open a new SoFi account. This bonus is available across most of their products, including: SoFi Money, SoFi Invest, SoFi Loans and a SoFi credit card. You can receive up to $75 total. This isn't exactly the highest bonus we've seen from them, so you'll have to decide if now is the right time or to hold out for something a little more enticing.
It's important to note too that each program has its own set of rules, each of which is outlined on their referral website linked below.
SoFi : SoFi Account
- Bonus Amount
- $15
- Account Type
- Investment
- Availability
- Nationwide
- Bonus Requirements
-
- Download the app using the link below.
- Refer a friend (or be referred) using your specific referral link for a particular SoFi product.
- Follow the program rules highlighted on the website.
- Bonus will automatically be applied to your SoFi account(s).
at SoFi
11. Charles Schwab Schwab One® - $101 bonus
Charles Schwab has a bonus targeting new or entry-level investors in what they call the Schwab Starter Kit™, but new customers of all comfort levels can qualify. When you open a new account for this promo, Schwab will invest your bonus in fractional shares or "slices" of the top stocks by market cap in the S&P 500. Schwab recently upped this bonus from $50 at its previous level. It's a great way to start investing!
Charles Schwab : Schwab One®
- Bonus Amount
- $101
- Account Type
- Investment
- Availability
- Nationwide
- Bonus Requirements
-
- Open a new Schwab One account at the url below or open a new taxable investment account using promo code "SCHWABSTARTERKIT".
- Within 30 days, Fund your account with a minimum of $50.
- Once funded, Schwab will deposit $101 in your account to purchase your stock slices at approximately 6:00 pm Eastern Time the next trading day.
at Charles Schwab
See our full list of the Best Brokerage Account Promotions
Illinois Banking Statistics
State banking stats can provide some unique insight into how people around you manage their money. Here are a few interesting data points on banking in Illinois from the Credit Union National Association and FDIC:
- Banks: There were 358 banks headquartered in Illinois at the end of 2023. While that’s down from 375 the previous year, it’s still a significantly higher number of banks than a lot of states have.
- Credit unions: Similarly, Illinois has a long list of state credit unions, with 21o scattered across the state. These credit unions have a combined 3.97 million members in the state.
- Market share: According to CUNA, banks control 92.1% of the deposit market share in Illinois. 44% of the state’s bank deposits are made with out-of-state banks.
- Largest deposit market: The FDIC reports that the Chicago/Naperville/Elgin market has the most deposits in the state, and also the most banks.
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