Available in select states with the ability to open online, Banner Bank is offering customers up to a $400 welcome bonus when you open a new personal checking account and complete direct deposits. The higher your direct deposit, the higher your bonus.
You can earn an additional $100 bonus by opening a personal savings or money market account at the same time your Banner Bank checking account is opened and complete the deposit requirements.
This is by far the highest bonus we've seen from Banner, so now would be a good time to signup!
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
- To receive the offer, you must open your account online at bannerbank.com or at a Banner Bank branch and use the promo code 23BU.
- 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.
- Accounts closed within 6 months will have bonus deducted from the account
Open a Personal Checking account before the bonus expires on December 31, 2024
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:
TD Bank
Beyond Checking
- Bonus
- $300
- Account Type
- Personal Checking
- Expires In
- 14 days
- Requires
- Direct Deposit
BMO
Smart Advantage Checking Account
- Bonus
- $300
- Account Type
- Personal Checking
- Expires In
- 47 days
- Requires
- Direct Deposit
Discover
Discover® Cashback Checking
- Bonus
- up to $360
- Account Type
- Personal Checking
- Expires In
- Limited Time
- Requires
- Card Spend
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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