It may be one of the smallest states in the nation, but its bank promotions in Maryland pack a big punch. The banks below offer competitive promotions to new checking and savings account holders.
Our team has analyzed hundreds of banks and accounts and scoured the terms and conditions to provide you with the best up-to-date offers.
Read on to see which bank bonuses are our top recommendations for Maryland residents and to learn how to apply.
Our Featured Nationwide Bonuses
Here are 3 of our featured bank bonuses that can be obtained nationwide:
HSBC
HSBC Premier
- Bonus
- up to $3500
- Account Type
- Personal Checking
- Expires In
- 58 days
- Requires
- Min Balance
BMO
Personal Checking
- Bonus
- $400 Cash Bonus*
- Account Type
- Personal Checking
- Expires In
- 86 days
- Requires
- Direct Deposit
SoFi
SoFi Checking and Savings
- Bonus
- up to $300
- Account Type
- Personal Checking
- Expires In
- 89 days
- Requires
- Direct Deposit
See our list of the Best Banks in Maryland
Personal Checking Bonuses in Maryland
Here are the current personal checking promotions available in MD:
1. M&T Personal Checking - up to $200 bonus
M&T is offering up to $200 if you open one of their personal checking accounts and make a small direct deposit within 90 days. The amount you earn is dependent on which checking account you open.
If you're not able to meet the requirements to waive the maintenance fees, you can alternatively opt for their basic checking account.
Regardless, be sure to enter your zipcode on the linked offer page, which will auto apply the appropriate promo code if you're within a targeted zipcode. Many readers have tried to apply the promo to an outside zip, and while the system allows you to move forward, you'll be "surprised" with no bonus payout when that time comes.
M&T Bank : Personal Checking
- Bonus Amount
- up to $200
- Account Type
- Personal Checking
- Availability
- CT, DC, DE, MD, NJ, NY, PA, VA, WV
- Offer Expires
- November 30, 2025
- Bonus Requirements
-
- Open a new M&T checking account using the link below.
- Within 90 days, make at least $500 in direct deposits.
- The bonus will be credited to your account within 90 days of all requirements being met.
at M&T
2. ACNB Bank Personal Checking - $200 bonus
Available in Maryland and Pennsylvania with the ability to open online, ACNB Bank is offering a $200 welcome bonus when you open a new checking account and complete qualifying activities, including direct deposit.
ACNB Bank : Personal Checking
- Bonus Amount
- $200
- Account Type
- Personal Checking
- Availability
- MD, PA
- Offer Expires
- November 30, 2025
- Bonus Requirements
-
- Open a new ACNB checking account with promo code PUMPKIN2025.
- Within 60 days, establish and log into Online Banking and enroll in eStatements.
- Within 60 days make $500 or more in reoccurring direct deposits.
- Establish a Mastercard® debit card and conduct 10 unique debit card transactions of $20 or more.
- Bonus will be deposited after verification of completed requirements.
at ACNB Bank
3. Lafayette Federal Credit Union Personal Checking and Savings - up to $150 bonus
Available in the greater District of Columbia area with the ability to open online, Lafayette Federal Credit Union is offering new members up to a $150 welcome bonus for opening a new savings and checking account and setting up direct deposit.
Live outside of DC Metro area? Obtain a lifetime membership to the Home Ownership Financial Literacy Council (HOFLC) for $10 and receive eligibility to LFCU.
Lafayette Federal Credit Union : Personal Checking and Savings
- Bonus Amount
- up to $150
- Account Type
- Personal Checking
- Availability
- Nationwide
- Offer Expires
- December 31, 2025
- Bonus Requirements
-
- Become a member of Lafayette Federal Credit Union.
- Open a new savings and checking account with debit card and online banking, earn $50.
- Initiate a direct deposit of at least $500, receive $100.
- Bonus will pay out within 90 days of account opening.
at Lafayette Federal Credit Union
4. M&T MyChoice Premium - up to $350 bonus
M&T is offering $350 if you open their MyChoice Premium checking account and connect your direct deposit. Don't have a direct deposit? M&T has other bonuses that just require minimum balances.
M&T Bank : MyChoice Premium
- Bonus Amount
- up to $350
- Account Type
- Personal Checking
- Availability
- CT, DC, DE, MD, NJ, NY, PA, VA, WV
- Offer Expires
- December 31, 2025
- Bonus Requirements
-
- Open a new M&T MyChoice Premium Checking account online at the link below or in-branch using promocode
- Within 90 days, make at least $1,000 in qualifying direct deposits.
- Bonus will be credited to your account within 90 days of all requirements being met
at M&T
5. Peoples Bank Premier Checking - up to $300 bonus
Peoples Bank is offering up to $300 for opening a new Premier Checking account. The bonus comes as $50 each month that you make at least one direct deposit and five debit card purchases, up to $300 total (6 statement cycles).
Peoples Bank : Premier Checking
- Bonus Amount
- up to $300
- Account Type
- Personal Checking
- Availability
- DC, KY, MD, OH, WV, VA
- Bonus Requirements
-
- Open a new Premier Checking Account.
- Enroll in eStatements.
- Each statement cycle, make at least one direct deposit transaction.
- Each statement cycle, make 5 or more debit card purchases.
- For each statement cycle you complete these requirements you will earn $50, up to $300 total (6 statement cycles).
at Peoples Bank
6. Peoples Bank Personal Interest Checking - up to $150 bonus
Peoples Bank is offering up to $150 for opening a new Interest Plus Checking account. The bonus comes as $25 each month that you make at least one direct deposit and five debit card purchases, up to $150 total (6 statement cycles).
Peoples Bank : Personal Interest Checking
- Bonus Amount
- up to $150
- Account Type
- Personal Checking
- Availability
- DC, KY, MD, OH, WV, VA
- Bonus Requirements
-
- Open a new Interest Plus Checking Account.
- Enroll in eStatements.
- Each statement cycle, make at least one direct deposit transaction.
- Each statement cycle, make 5 or more debit card purchases.
- For each statement cycle you complete these requirements you will earn $25, up to $150 total (6 statement cycles).
at Peoples Bank
7. ACNB Bank Personal Checking - $25 bonus
Available in Maryland and Pennsylvania with the ability to open online, ACNB Bank is offering a $25 bonus when you refer a friend to open a new personal checking account. What's more? Your friend will also earn $25. You can refer up to 4 friends or family members to earn a total of up to $100.
ACNB Bank : Personal Checking
- Bonus Amount
- $25
- Account Type
- Personal Checking
- Availability
- MD, PA
- Bonus Requirements
-
- Be an existing customer of ACNB Bank.
- Invite your friends to open an account online, at www.acnb.com/checking, using the code 'REFER25' in the promo box.
- They may be asked to provide your name and phone number.
at ACNB Bank
8. Point Breeze Credit Union Personal Checking - up to $275 bonus
Point Breeze Credit Union, based in Maryland, is offering up to $275 in bonuses when you open a new personal checking account. This is a tiered bonus, meaning the more items you complete, the more money you're eligible. For example, earn a cool $25 just for enrolling in eStatements!
Point Breeze Credit Union : Personal Checking
- Bonus Amount
- up to $275
- Account Type
- Personal Checking
- Availability
- MD
- Bonus Requirements
-
- Become a member of Point Breeze Credit Union using promocode CHECK275.
- Open a checking account, earn $50.
- Within 45 days, make a direct deposit of at least $400 , earn $100.
- Within 45 days, swipe your debit card 12 times, earn $100.
- Within 45 days, enroll in eStatements, earn $25.
- Bonus(es) will be deposited to your account within 60 days of account opening.
at Point Breeze Credit Union
9. 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
10. TD Bank Complete Checking - $100 bonus
TD Bank is offering a $100 welcome bonus to students that open a Complete Checking account and use their debit card. Their normal bonus for the Complete Checking account requires direct deposits, but TD knows that this may be tougher for young adults. 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 $300.
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, and age 17 - 23, 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 [Student]
- Bonus Amount
- $100
- Account Type
- Personal Checking
- Availability
- CT, DC, DE, FL, MD, ME, MA, NC, NH, NJ, NY, PA, RI, SC, VT, VA
- Bonus Requirements
-
- Open a TD Complete Checking account.
- Within 60 days, make 15 qualifying debit card purchases.
- Bonus will be paid on or before 180 days after account opening.
at TD Bank
11. City National Bank of West Virginia Teen Checking - $100 bonus
Available in West Virginia and surrounding states, City National Bank is offering a $100 welcome bonus when you open a new Teen Checking account and set up direct deposit. The direct deposit threshold is low (compared to most standards) at $200, but it could be a little tricky for teens.
City National Bank of West Virginia : Teen Checking
- Bonus Amount
- $100
- Account Type
- Student Checking
- Availability
- VA, MD, KY, WV
- Bonus Requirements
-
- Open a Teen Checking account.
- Setup direct deposit of at least $200.
- Bonus will be deposited into the new account 91 days after payroll or other qualified payment has been electronically deposited into the account.
at City National Bank of West Virginia
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 Maryland
Here are the current personal savings promotions available in MD:
Sorry, no offers found that match your criteria.
Business Bonuses in Maryland
Here are the current business banking promotions available in MD:
1. Fulton Bank Business Checking - $500 bonus
Fulton Bank is offering $500 to new business checking customers for completing minimum deposit requirements. If you live in one of their geographic areas, this is an easy bonus for opening a business checking account that has no monthly fees.
The fine print states that you will have needed to receive a direct communication (email or digital ad) from them to be eligible, but we've seen where this isn't the case. YMMV.
Fulton Bank : Business Checking
- Bonus Amount
- $500
- Account Type
- Business Checking
- Availability
- DE, DC, MD, NJ, PA, VA
- Offer Expires
- December 19, 2025
- Bonus Requirements
-
- Open a new Business Checking account online using promo code BCK500 (or request a code via email to open in-branch)
- Within 60 days of account opening, deposit at least $5,000 of new money.
- Within the same timeframe, enroll in Small Business Online banking.
- Bonus will be credited to your business checking account within four to six weeks after the above conditions have been met
at Fulton Bank
2. 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
- January 6, 2026
- 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®
3. Truist Business Checking - $400 bonus
Truist Bank is offering small business owners one of the easiest business checking account bonuses we've seen to date: $400 for depositing $2,000 into your new account. (Well, you'll also have to enroll and sign-in to online banking, but we don't really consider that as much of a hurdle...) This is up from $300 when it was most recently offered.
The Truist Simple Business Checking account has no monthly fee and comes with 50 free transactions each month – in other words, it's perfect for a small business just starting out. If your company has surpassed these thresholds, Truist offers their Dynamic Business Checking account. That one comes with higher limits, but does have a small (and avoidable) maintenance fee.
Keep in mind that you'll have 30 days to complete both requirements, and that your new account will need to remain open for 6 months in order to avoid forfeiting the bonus.
Truist Bank : Business Checking
- Bonus Amount
- $400
- Account Type
- Business Checking
- Availability
- AL, AR, GA, FL, IN, KY, MD, MS, NC, NJ, OH, PA, SC, TN, TX, VA, WV, DC
- Offer Expires
- April 2, 2026
- Bonus Requirements
-
- Open a new Truist business checking account using the promo code SB25Q4CHECKING.
- Within 30 days, deposit $2,000.
- During the same 30 days, enroll in online banking and log-in.
- Bonus will be credited to your new account within 4 weeks of meeting requirements.
at Truist
See our full list of the Best Business Checking Account Promotions
Investing Bonuses
Here are the current investing promotions available in your area:
1. 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, 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®
2. 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
3. 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
4. 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
5. 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
6. 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®
7. 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
8. 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
9. 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
Maryland Banking Statistics
Wonder what the banking industry looks like in Maryland? We explored the latest state reports from the FDIC and the Credit Union National Association to see how people bank in Maryland.
Take a look at some of the stats below for more insight:
- Number of banks: 34
- Number of state credit unions: 67
- Credit union memberships: 2.1 million
- Deposit market share: 86.3% banks; 13.7% credit unions
- Largest deposit market: Philadelphia/Camden/Wilmington, PA-NJ-DE-MD
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