Available in select states with the ability to open online, Banner Bank is offering customers up to a $500 welcome bonus when you open a new personal checking account and complete direct deposits. The higher your direct deposit, the higher your bonus.
What's more? You can earn an additional bonus up to $500 by opening a personal savings or money market account and complete the deposit requirements.
How To Earn The Bonus
The Banner Bank Personal Checking promotion requires you to set up eligible direct deposits, and optionally, deposit and maintain a minimum balance in order to earn the up to $500 bonus (step-by-step breakdown is listed above!).
As with any offer, don't forget to read the fine print before opening your new account. It's where the bank will clearly state who is eligible for the deal along with any nuances you'll want to be aware of.
The fine print
- Offer is not available to existing Banner Bank clients, or those whose accounts have been closed within the last 2 years.
- One bonus per individual.
- Account must be in an open status at the time of payout.
- Deposit needs to be an electronic deposit of your paycheck, pension or government benefits (such as Social Security) from your employer or the government. Person to Person payments or mobile check deposits are not considered a direct deposit
Open a Personal Checking account before the bonus expires on March 31, 2026
How does this personal checking offer from Banner Bank compare?
To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:
BMO
Personal Checking
- Bonus
- $400 Cash Bonus*
- Account Type
- Personal Checking
- Expires In
- 4 days
- Requires
- Direct Deposit
Bank of America
Advantage Banking Account
- Bonus
- up to $500
- Account Type
- Personal Checking
- Expires In
- 7 days
- Requires
- Direct Deposit
Chase
Chase Total Checking®
- Bonus
- $400
- Account Type
- Personal Checking
- Expires In
- 81 days
- Requires
- Direct Deposit
Why Banner Bank?
Banner's Best Checking
Fees
Banner's Best Checking does charge a monthly maintenance fee of $12, but there are ways to get this waived:
- Maintain a minimum daily balance of $5,000.
- OR, maintain an average daily balance of $10,000.
- OR, maintain average combined relationship deposit balances of $25,000
Pennant Checking
Fees
Pennant Checking does charge a monthly maintenance fee of $7, but there are ways to get this waived:
- Maintain a minimum daily balance of $1,000.
- OR, maintain an average combined checking/savings relationship deposit balance of $10,000.
Rewards Checking
Fees
Rewards Checking charges a monthly maintenance fee of $6.
Connected Personal Checking
Fees
Connected Personal Checking does not charge a monthly maintenance fee.
Apply now for a Personal Checking account to earn the up to $500 bonus offer
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