You can earn cash for opening everything from a new checking account or high-yield savings account, to a money market or new brokerage account.
Wait, what?
No, really, it's true. Many financial institutions offer deals to customers signing up for a new account. This perk can be as small as $10 or $20 bucks, or ranging up to thousands of dollars.
Think of it as something like a coupon code when you're shopping online. Companies want your business (and your deposits!), and they're willing to incentivize you to get it.
If you're in Alabama and looking to open a new account, be sure to check here first or you could be leaving money on the table.
Best checking account bonus offers in Alabama
If you're looking for a personal checking account, here are the banks and credit unions currently offering cash rewards to new customers:
PNC Virtual Wallet® - up to $400 bonus
PNC Bank : Virtual Wallet®
- Bonus Amount
- up to $400
- Account Type
- Personal Checking
- Offer Expires
- July 1, 2024
- Bonus Requirements
-
- Open a Virtual Wallet® account online to qualify, See link below.
- Within 60 days, complete the direct deposit requirements for the account package that you opened: Virtual Wallet® - $500+ to earn $100 bonus, Virtual Wallet® with Performance Spend - $2,000+ to earn $200 bonus, or Virtual Wallet® with Performance Select - $5,000+ to earn $400 bonus.
- Bonus will be credited to your account within 60-90 days after meeting requirements.
Truist One Checking - $400 bonus
Truist Bank : Truist One Checking
- Bonus Amount
- $400
- Account Type
- Personal Checking
- Offer Expires
- June 26, 2024
- Bonus Requirements
-
- Open a new One Checking account online or in-branch using promo code TRUIST400AFL24.
- Within 90 days of account opening, complete one qualifying direct deposits of $500 or more.
- Within the same 90 days, complete at least 15 qualifying debit card purchases.
- The reward will be deposited into the new checking account within 4 weeks of verifying the Direct Deposit qualification requirement.
- Terms Apply. Member FDIC.
Learn More
at Truist
First Horizon Bank FirstView Checking - $450 bonus
First Horizon Bank : FirstView Checking
- Bonus Amount
- $450
- Account Type
- Personal Checking
- Offer Expires
- April 30, 2024
- Bonus Requirements
-
- Open a new FirstView Checking account using your personalized promo code from the link below.
- For the first three full statement cycles, maintain a $5,000 average daily collected balance.
- During the same time period, conduct a minimum of 10 qualifying client-initiated transactions for each statement cycle.
- Bonus will be deposited into your account within 10 business days after qualifying activities are met.
Apply Now
at First Horizon Bank
Regions LifeGreen Checking - $300 bonus
Regions Bank : LifeGreen Checking
- Bonus Amount
- $300
- Account Type
- Personal Checking
- Offer Expires
- June 30, 2024
- Bonus Requirements
-
- Open a new LifeGreen Checking account using the promo code RGSPRNG24RM.
- Within 90 days, receive direct deposits totaling $1,000.
- Within the same 90 days, enroll in online banking.
- Bonus will be credited to your account within 90 days of completing the requirements.
Apply Now
at Regions
SouthState Bank Personal Checking - $200 bonus
SouthState Bank : Personal Checking Account
- Bonus Amount
- $200
- Account Type
- Personal Checking
- Bonus Requirements
-
- Open any personal checking account using the promo code EARN200.
- Within 60 days, have a total of $250 in direct deposits OR have at least 1 automatic/pre-authorized draft of $25 to a non-SouthState Bank account.
- Within 60 days, also make 15 debit card purchases.
- Bonus will be credited to your account within 2 business days of the completion of the 60 day qualifying period.
Apply Now
at SouthState Bank
Valley My Choice - up to $150 bonus
Valley Bank : Valley My Choice
- Bonus Amount
- up to $150
- Account Type
- Student Checking
- Bonus Requirements
-
- Open a new Valley My Choice checking account using the link below.
- Within 60 days, activate mobile banking and enroll in paperless statements to earn $75.
- Within the same 60 days, optionally complete 1 of the following 2 requirements to earn an additional $75: (1) make 20 debit card purchases of $5 or more each, OR (2) complete 3 online bill payments.
- Bonus(es) will be credited to your account within 90 days of account opening.
Apply Now
at Valley
Valley All Access Rewards Checking - up to $240 bonus
Valley Bank : Valley All Access Rewards Checking
- Bonus Amount
- up to $240
- Account Type
- Personal Checking
- Bonus Requirements
-
- Open a new All Access Rewards Checking Account using the link below.
- For the next 12 months, receive $750 or more in qualifying direct deposits each month to earn $20.
- The bonus will be credited within 35 days of each month's qualifying direct deposit.
Apply Now
at Valley
Valley My Choice Teen Checking - $25 bonus
Valley Bank : Valley My Choice Teen Checking
- Bonus Amount
- $25
- Account Type
- Personal Checking
- Bonus Requirements
-
- Open a new My Choice Teen Checking account at a local branch.
- Sign up for a debit card.
- Bonus will be credited to your new account within 90 days from meeting the requirement.
Apply Now
at Valley
Regions LifeGreen Checking - $50 bonus
Regions Bank : LifeGreen Checking
- Bonus Amount
- $50
- Account Type
- Personal Checking
- 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.
Best savings account promotions in Alabama
Here are the banks and credit unions offering Alabama residents a welcome bonus for opening a new CD, money market, or high-yield savings account:
Citi® Accelerate Savings - 4.45% APY
Citi® : Citi® Accelerate Savings
- Bonus Amount
- 4.45% APY
- Account Type
- Personal Savings
- Bonus Requirements
-
- Open a new Citi® Accelerate Savings account using the link below.
- Transfer money from a different bank or an existing Citi account.
- Interest compounds daily and will be credited to your account each month.
Apply Now
at Citi®
Best brokerage account promotions and bonuses in Alabama
Looking for a new brokerage? If you live in Alabama, you can get a reward for opening any of these investment accounts:
Sorry, no offers found that match your criteria.
Best business account bonuses in Alabama
Have a business in Alabama? These banks and credit unions are running promotional offers if you open a new business account:
Truist Business Checking - $400 bonus
Truist Bank : Business Checking
- Bonus Amount
- $400
- Account Type
- Business Checking
- Offer Expires
- June 27, 2024
- Bonus Requirements
-
- Open a new Truist business checking account using the promo code SB24Q2BIZAFL.
- Within 30 days, deposit $1,500.
- 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.
Apply Now
at Truist
Regions Business Checking - $150 bonus
Regions Bank : Business Checking
- Bonus Amount
- $150
- Account Type
- Business Checking
- 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.
BankPlus Business Checking - up to $100 bonus
BankPlus : Business Checking
- Bonus Amount
- up to $100
- Account Type
- Business Checking
- Bonus Requirements
-
- Open a new business checking account with BankPlus.
- In the month of account opening, make 2 debit card purchases using your BankPlus Business Visa® debit card, earn $25.
- In the second month, make 8 debit card purchases using your BankPlus Business Visa® debit card, earn $75.
- $25 bonus and $75 bonus will be credited to the account at end of statement cycle in which transactions were posted and cleared.
Apply Now
at BankPlus
SouthState Bank Business Checking - $400 bonus
SouthState Bank : Business Checking
- Bonus Amount
- $400
- Account Type
- Business Checking
- Bonus Requirements
-
- Open a new business checking account from SouthState (they have 6 eligible accounts!) using promo code SB400.
- Within 90 calendar days, make 15 or more posted and cleared debit card purchases OR make at least $5,000 ACH credits to the account.
- Bonus will be paid within 2 business days of the completion of the 90 calendar day qualifying period.