Best Bank Promotions in Maine (October 2024)

Wondering which banks offer the best promotions in Maine? The Pine Tree State is home to some competitive bank bonuses for new checking and savings accounts. You just have to know where to look.

At BankBonus, we’ve spent countless hours reviewing bank accounts, sifting through offers, and checking out eligibility requirements.

Read on for our top recommendations for bank bonuses and promotions in Maine to decide which offers are the right fit for your wallet.

Here are 3 of our featured bank bonuses that can be obtained nationwide:

BMO

Relationship Checking

Bonus
up to $600
Account Type
Personal Checking
Expires In
21 days
Requires
  • Direct Deposit

BMO

Personal Checking

Bonus
up to $350
Account Type
Personal Checking
Expires In
21 days
Requires
  • Direct Deposit

SoFi

SoFi Checking and Savings

Bonus
up to $300
Account Type
Personal Checking
Expires In
82 days
Requires
  • Direct Deposit

 

Personal Checking Bonuses in Maine

Here are the current personal checking promotions available in ME:

1. TD Bank Beyond Checking - $300 bonus

TD Bank is offering a $300 welcome bonus for opening a personal checking account and using direct deposit within the first 2 months. What's more, you can maximize this promo by also opening a new personal savings account — stacking an extra $200 on top of this offer for a total of $500.

If the $2,500 in direct deposit is too high, they're also running a smaller offer with only a $500 deposit requirement.

While this isn't available nationwide, it is open to a healthy list of states, and is no longer targeted to select customers.

If you're eligible, we definitely recommend claiming this easy bonus.

Offer is available in these states: CT, DC, DE, FL, MA, MD, ME, NC, NH, NJ, NY, PA, RI, SC, VA, VT

TD Bank : Beyond Checking

Bonus Amount
$300
Account Type
Personal Checking
Availability
CT, DC, DE, FL, MD, ME, MA, NC, NH, NJ, NY, PA, RI, SC, VT, VA
Offer Expires
January 1, 2025
Bonus Requirements
  1. Open a TD Beyond Checking account using the link below.
  2. Within 60 days, have a total of $2,500 in direct deposits.
  3. Bonus will be paid on or before 180 days after account opening.

2. TD Bank Complete Checking - $200 bonus

TD Bank is offering a $200 welcome bonus for opening a personal checking account and using direct deposit within the first 2 months. What's more, you can maximize this promo by also opening a new personal savings account — stacking an extra $200 on top of this offer for a total of $400.

This is the highest we've seen this offer so now might be a great time to jump on it if you've been on the fence.

This is the smaller of 2 personal checking welcome offers that TD is currently running, with the other requiring a $2,500 direct deposit for a $300 bonus.

While this isn't available nationwide, it is open to a healthy list of states, and is no longer targeted to select customers.

If you're eligible, we definitely recommend claiming this easy bonus. Offer is available in these states: CT, DC, DE, FL, MA, MD, ME, NC, NH, NJ, NY, PA, RI, SC, VA, VT

TD Bank : Complete Checking

Bonus Amount
$200
Account Type
Personal Checking
Availability
CT, DC, DE, FL, MD, ME, MA, NC, NH, NJ, NY, PA, RI, SC, VT, VA
Offer Expires
January 1, 2025
Bonus Requirements
  1. Open a TD Complete Checking account using the link below.
  2. Within 60 days, have a total of $500 in direct deposits.
  3. Bonus will be paid on or before 180 days after account opening.

3. KeyBank Personal Checking - $300 bonus

KeyBank is back with their personal checking bonus, but this time it's even sweeter of a deal! KeyBank is now offering $300 to new Key Smart Checking® account customers after qualifying activities.

You'll need to make the minimum opening deposit of $10, plus one eligible direct deposit of at least $1,000 within the first 60 days of account opening.

While this isn't quite nationwide, the bonus has a wide footprint and is redeemable online. Check it out!

KeyBank : Personal Checking Account

Bonus Amount
$300
Account Type
Personal Checking
Availability
AK, CO, CT, ID, IN, MA, ME, MI, NY, OH, OR, PA, UT, VT, WA
Offer Expires
December 13, 2024
Bonus Requirements
  1. Open a no-monthly-maintenance-fee Key Smart Checking® account online with at least $10 by December 13, 2024.
  2. Within 60 days, make 1 eligible direct deposit of at least $1,000.
  3. Bonus will be credited to your account within 60 days of meeting requirements.
  4. Account must not be closed at the time of gift payment.

4. Bar Harbor Bank and Trust Simple Checking - $200 bonus

Bar Harbor Bank & Trust is offering new customers a $200 bonus for opening a Simple Checking account.

New customers can open the account online using the provided promocode or download a coupon using our link and bring to a local branch.

Bar Harbor Bank and Trust : Simple Checking

Bonus Amount
$200
Account Type
Personal Checking
Availability
ME, NH, VT
Offer Expires
October 31, 2024
Bonus Requirements
  1. Open a new Simple Checking account online using the promocode C10924A02ONLINE or in branch with code C10924A02000000.
  2. Make a direct deposit of $250 or more into the account by December 31, 2024.
  3. Bonus will be credited to eligible accounts on or about January 15, 2024.
Apply Now

at Bar Harbor Bank and Trust

5. PNC Virtual Wallet Pro - $200 bonus

Don't live in a state where PNC has a branch? No worries, PNC is offering a $200 bonus when you open a Virtual Wallet Checking Pro account, which is only available to customers outside their in-branch footprint. Just complete the direct deposit requirements within 60 days. If you're in any one of the following states, this bonus is for you: AK, AR, CT, HI, ID, IA, KS, LA, ME, MA, MN, MS, MT, NE, NV, NH, ND, OK, OR, RI, SD, TN, UT, VT, WA, WY.

PNC Bank : Virtual Wallet Pro

Bonus Amount
$200
Account Type
Personal Checking
Availability
AK, AR, CT, HI, ID, IA, KS, LA, ME, MA, MN, MS, MT, NE, NV, NH, ND, OK, OR, RI, SD, TN, UT, VT, WA, WY
Offer Expires
October 31, 2024
Bonus Requirements
  1. Reside in a state that doesn't have a PNC branch.
  2. Open an account using the link below.
  3. Within 60 days, complete direct deposits totaling $2,000.
  4. Bonus will be deposited within 60-90 days after all conditions are met.

6. CFCU Personal Checking - $100 bonus

Available in select counties in Maine, The County Federal Credit Union is offering a $100 welcome bonus when you open a new checking account and set up direct deposit.

The County Federal Credit Union : Personal Checking

Bonus Amount
$100
Account Type
Student Checking
Availability
ME
Bonus Requirements
  1. Become a member of CFCU.
  2. Open a new personal share draft/checking account with The County Federal Credit Union with a minimum deposit of $200.00.
  3. Make a direct deposit within 60 days of opening the personal share draft/checking account.
  4. Maintain membership in good standing for 90 days (i.e. all account balances must remain at or above the required minimum balance and any loans must not be past due).
  5. Bonus will be directly deposited into the eligible checking account by electronic deposit within the next statement cycle.

7. Country Bank Kasasa CashBack Checking - $200 bonus

Available to northeastern states, Country Bank is offering a $200 welcome bonus when you open a new Kasasa CashBack Checking account and set up direct deposit. What's even more? When Kasasa Cash Back qualifications are met during a Monthly Qualification Cycle, you will receive 2% (two percent) cash back on up to a total of $500 on debit card purchases that post and settle to the account during that cycle period. You will also receive reimbursements up to $25 for nationwide ATM withdrawal fees incurred within your Kasasa Cash Back account during the Monthly Qualification Cycle in which you qualified.

Country Bank : Kasasa CashBack Checking

Bonus Amount
$200
Account Type
Personal Checking
Availability
CT, MA, ME, NH, RI, VT
Bonus Requirements
  1. Open a new Kasasa CashBack Checking account.
  2. Kasasa Cash Back Checking qualifications for four (4) consecutive months following account opening (at least 1 direct deposit, ACH payment, or bill pay transaction; at least 12 debit card purchases; enroll in estatements
  3. Account will be credited within 60 days of bonus requirements being met.
Apply Now

at Country Bank

8. cPort Credit Union Basic Checking - $100 bonus

Available in Maine, cPort Credit Union is offering a $100 welcome bonus when you open a new personal checking account and set up direct deposit. It's a very simple bonus that pays out fast, so we recommend going after this bonus if you fall in their footprint.

cPort Credit Union : Basic Checking

Bonus Amount
$100
Account Type
Personal Checking
Availability
ME
Bonus Requirements
  1. Become a member and open a new basic checking account.
  2. Within 60 days, start a new direct deposit of net pay into the account.|Bonus will be deposited within ten business days of your direct deposit.
Apply Now

at cPort Credit Union

9. TruChoice Federal Credit Union Free Checking - $400 bonus

TruChoice Federal Credit Union is offering possibly the easiest and most lucrative bonuses we've ever seen. For a limited time, you can receive a $400 welcome bonus when you open a new Free Checking account and set up direct deposit. There are no additional requirements.

Once a member, you'll have access to other products, like their high interest money market account. They have a very limited footprint, but if you can qualify for membership, we'd suggest you jump on this promotion asap!

TruChoice Federal Credit Union : Free Checking

Bonus Amount
$400
Account Type
Personal Checking
Availability
ME
Bonus Requirements
  1. Become a new member and open a free checking account.
  2. Within 90 days, make direct deposits totaling $2,000 or more.
  3. Bonus will be deposited into your primary savings account the last week of the statement month following your qualifying time period.
Apply Now

at TruChoice Federal Credit Union

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 Maine

Here are the current personal savings promotions available in ME:

1. TD Bank Personal Savings - $200 bonus

TD Bank is offering a $200 welcome bonus if you open a new savings account by October 31th, 2024. It works out to effectively be an interest rate of about 4%.

What's more, you can maximize this promo by also opening a new personal checking account — stacking an extra $300 or $150 on top of this offer for a total of up to $500.

While this isn't available nationwide, it is open to a healthy list of states, and is no longer targeted to select customers.

TD Bank : Personal Savings Account

Bonus Amount
$200
Account Type
Personal Savings
Availability
CT, DC, DE, FL, MD, ME, MA, NC, NH, NJ, NY, PA, RI, SC, VT, VA
Offer Expires
October 31, 2024
Bonus Requirements
  1. Open a TD Savings account using the link below.
  2. Within 20 days, deposit $20,000 and maintain that balance for 90 days.
  3. Bonus will be paid on or before 180 days after account opening.

2. Citi® Accelerate Savings - 4.45% APY

Citi offers a really competitive APY rate in their Citi® Accelerate Savings account, a high-yield savings product.

You can find slightly higher rates elsewhere, but nearly all of those will have balance limits. In other words, you'll earn a great rate on the first $15k, but then the rate drops considerably.

Citi, on the other hand, has no limit. So for those who have sizable savings they'd like to keep liquid, Citi® Accelerate Savings will often win out.

There's no opening deposit minimum or ongoing balance requirements, but do keep in mind that having a $0 balance for longer than 3 months could cause your account to be closed.

Citi® : Citi® Accelerate Savings

Bonus Amount
4.45% APY
Account Type
Personal Savings
Availability
AK, AL, AR, AZ, CO, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NM, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, WA, WI, WV, WY
Bonus Requirements
  1. Open a new Citi® Accelerate Savings account using the link below.
  2. Transfer money from a different bank or an existing Citi account.
  3. Interest compounds daily and will be credited to your account each month.

Business Bonuses in Maine

Here are the current business banking promotions available in ME:

Sorry, no offers found that match your criteria.

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
January 23, 2025
Bonus Requirements
  1. Open a J.P. Morgan Self-Directed Investing account using the link below.
  2. 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.
  3. Your bonus amount will be determined on day 45.
  4. Maintain your new funds for 90 days (losses due to trading or market fluctuation will not be taken into account).
  5. Bonus will be received within 15 days.
  6. INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE

2. TD Bank Automated Investing - up to $750 bonus

TD is getting in the robo-advisor game and offering up to $750 when you open a new TD Automated Investing account. This is a tiered bonus where you can earn more depending on how much money you can invest.

TD Bank : Automated Investing

Bonus Amount
up to $750
Account Type
Investment
Availability
Nationwide
Offer Expires
October 31, 2024
Bonus Requirements
  1. Open a new TD Automated Investing account with at least $1,000.
  2. Within 30 days, fund your new account as follows: $1,000 - $4,999, earn $50; $5,000 - $24,999, earn $150; $25,000 - $49,999, earn $250; $50,000 – $74,999, earn $450; $75,000+, earn $750.
  3. Maintain a minimum balance of $1,000 for 90 calendar days after your TD Automated Investing account is approved.
  4. Bonus will be credited to your new TD Automated Investing account within 15 calendar days of meeting eligible offer requirements

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
December 31, 2024
Bonus Requirements
  1. Contact Citi to open or enroll a new or existing eligible Citi Personal Wealth Management account
  2. 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)
  3. Enroll into e-delivery of statements within 2 months of account opening.
  4. Maintain the new funding through the end of the next month (or 3 months after the month of account enrollment).

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
  1. Open a new Robinhood investing account using the link below.
  2. Link your bank account.
  3. Stock bonus will be credited to the enrolled account within approximately one week.

5. SoFi Invest - up to $10000 bonus

SoFi is offering customers a cash bonus to move your portfolio over to SoFi. The bonus is tiered, and you'll need to transfer $5 million in assets to earn the full $10,000 (steep!), but the bonus starts at $100 for transferring $5,000.

Keep in mind that although SoFi will pay out the bonus within 14 business days of the end of the promo period, they'll claw it back if you withdraw those funds within 180 days. They'll even refund up to $75 in ACAT fees from your other brokerage!

SoFi : Sofi Invest

Bonus Amount
up to $10000
Account Type
Investment
Availability
Nationwide
Bonus Requirements
  1. Open a new SoFi Invest account using the link below (or be an existing user).
  2. Before the promotion's expiration date, transfer investments from another brokerage firm: $5,000 to earn $100, $25,000 to earn $200, $100,000 to earn $500, $250,000 to earn $750, $500,000 to earn $1,000, $1,000,000 to earn $2,500, $2,000,000 to earn $5,000 or $5,000,000+ to earn $10,000.
  3. Bonuses will be paid within 14 days of the last day of the month in which the transferred assets settled in your SoFi Invest account.

6. 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
  1. Open a new Acorns Invest account using the link below.
  2. Fund account with at least $5.

7. 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
  1. Enroll an existing account or open a new account using promo code TSTVAGFD at the url below.
  2. Within 45 days, fund your account.
  3. 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+.
  4. Bonus will be deposited into the account the month following the end of the 270-calendar day holding period.
Apply Now

at Tradestation

8. 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
  1. Open a new Self-Directed Trading account from Merrill Edge using promo code "600ME".
  2. 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.
  3. Maintain that balance for at least 90 days.
  4. Bonus will be deposited within two weeks following the end of the 90 day period.
Apply Now

at Bank of America

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
  1. Open a new account using a referral link from an existing member.
  2. 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).
  3. The net deposit amount at the end of 45 day period will be used to calculate your bonus tier.
  4. Bonus will be paid into your account about a week after the 45-day period.
Learn More

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
  1. Download the app using the link below.
  2. Refer a friend (or be referred) using your specific referral link for a particular SoFi product.
  3. Follow the program rules highlighted on the website.
  4. Bonus will automatically be applied to your SoFi account(s).

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
  1. Open a new Schwab One account at the url below or open a new taxable investment account using promo code "SCHWABSTARTERKIT".
  2. Within 30 days, Fund your account with a minimum of $50.
  3. 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.
Apply Now

at Charles Schwab

Maine Banking Statistics

Banking looks different from one state to the next, with some larger states having hundreds of banks and credit unions and others having a more selective group of options to choose from.

To get a sense of banking trends in Maine, we turned to the FDIC and the Credit Union National Association (CUNA). Here’s what we found out about the current state of banking in Maine:

  • Number of ME-based banks: 23
  • Number of state credit unions: 49
  • Number of credit union members: 739,143
  • Deposit market share: 80.7% banks; 19.3% credit unions
  • Largest deposit market: Portland/South Portland

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