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There is an overwhelming number of choices when looking for new credit cards and bank accounts. Your deciding factor can be choosing the bank with the best signup or welcome bonus. Here are some of the offers to consider first to earn more rewards.

bank best signup bonus
After you find the bank with the best signup bonus, use the bank’s app for convenience, like this U.S. Bank mobile app. Credit: U.S. Bank

Terms apply to American Express benefits and offers. Visit to learn more.


Chase is a favorite for many as they offer many bank and credit card signup bonuses. Here are some of their best offers.

Chase Sapphire Preferred Card

The Chase Sapphire Preferred® Card is one of the best travel credit cards for its valuable point redemption options. Each Ultimate Rewards point is worth 25% more (1.25 cents each) when you book award travel on the Chase UIimate Rewards travel portal. You can also redeem your points for cash and gift cards at one cent each or transfer at a 1:1 ratio to airlines and hotels

New Chase Sapphire Preferred® Card cardholders can earn 100,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening, worth $1250 when redeemed through Chase Ultimate Rewards®. This is the highest bonus offer ever for the Chase Sapphire Preferred!

The annual fee is a reasonable $95. Get more details in our in-depth Chase Sapphire Preferred review.

Chase Freedom Unlimited ($200)

The Chase Freedom Unlimited® earns at least 1.5% back on all purchases, yet, you can pool the points with your Chase Sapphire to find more value (part of the Chase trifecta). Your signup bonus is $200 cash by spending $500 in the first 3 months.

Cardholders also earn unlimited:

  • 5% cash back on travel purchased through Chase Ultimate Rewards
  • 3% cash back at restaurants, including takeout and eligible delivery services
  • 3% cash back on drugstore purchases
  • 1.5% cash back on all other purchases

There is no annual fee with the Chase Freedom Unlimited.

Chase Business Complete Banking ($300)

If you need a new business checking account, consider a Chase Business Complete Banking℠ account. You can earn a $300 signup bonus when you open a new Chase Business Complete Banking℠ account with qualifying activities.

To earn the $300 bonus, complete these qualifying activities:

  • Open a Chase Business Complete Banking℠ account online or in-branch
  • Deposit at least $2,000 in new money within 30 days of account opening
  • Maintain a minimum $2,000 balance for 60 days
  • Complete 5 qualifying transactions within 90 days of opening an account

This offer expires on 07/23/2021.

You’ll also get access to 16,000 ATMs and more than 4,700 Chase branches. There are also account alerts to help you stay on top of your account activity. You’ll also have access to Chase business specialists at your local Chase branch.

There are also multiple ways to waive the $15 monthly service fee, including maintaining a minimum daily balance or purchase on your Chase Ink business card, some of the best Chase business credit cards available. QuickAccept allows for convenient access to payment processing as card payments are accepted virtually anytime, anywhere in the U.S. It also allows for same-day deposits at no additional cost.

Unlimited electronic deposits are at no charge as well as ACH and Chase Quick Deposits. This is one of the best Chase business checking accounts.


As we continue looking at the bank with the best signup bonus, let’s take a look at other options such as Citi. You will find exciting banking and checking bonuses at Citibank too.

Citibank Priority Account Package ($700)

The information for the Citibank® Account Package has been collected independently by Johnny Jet. The card details on this page have not been reviewed or provided by the card issuer. 

You can earn a $700 bonus by opening a new eligible checking and savings accounts in the Citi Priority Account Package during the offer period of 01/6/2021 to 04/1/2021. Within 30 days after opening your account, deposit $50,000 in new funds between the new checking and savings accounts. Then, maintain a minimum balance of $50,000 between the checking and savings accounts for 60 consecutive calendar days.

Keeping an average monthly balance of $50,000 or higher between your linked Citi accounts waives the $30 monthly service fee.

There are Citibank signup bonuses to earn either $300 or $700 bonus cash after completing qualifying activities. Each offer has different deposit requirements that can be a better fit for your cash balance.

Citi Premier Credit Card ($600)

The Citi Premier® Card earns up to 3 ThankYou points at restaurants, supermarkets, gas stations, air travel and hotels, and 1X on all other purchases. Its signup bonus is 60,000 ThankYou points after spending $4,000 in the first 3 months which can be redeemed for $600 in gift cards or travel at You can also transfer your points to airlines at a 1:1 ratio.

Cardholders can also enjoy $100 off a single hotel stay of $500 or more, excluding taxes and fees, through, once per calendar year. The annual fee is $95 but there are no foreign transaction fees.

American Express

American Express doesn’t offer checking accounts but has a free high-yield savings account you may like. There are credit card welcome bonuses you may appreciate too.

The Platinum Card from American Express ($1,000)

The Platinum Card® from American Express has one of the largest welcome bonuses. New cardmembers can earn 75,000 bonus Membership Rewards® Points after spending $5,000 on purchases in the first 6 months of account opening. Cardholders also earn 10x points on eligible purchases at U.S. gas stations and U.S. supermarkets, up to $15,000 in combined purchases, during your first 6 months of card membership.

However, you might qualify for the Amex Platinum 100k targeted offer to earn 100,000 Membership Rewards worth $1,000 by spending $5,000 in the first 3 months.

Terms apply.

This card comes with a host of travel benefits including 5x points on flights booked directly with airlines or with American Express Travel, up to $500,000 on these purchases per calendar year. Cardholders also earn 5x points on prepaid hotels booked on American Express Travel. There’s also airport lounge access and travel credits (enrollment may be required, terms apply).

The annual fee is $550 (See Rates & Fees).

Learn more: Johnny Jet Recommended Credit Cards

Blue Cash Preferred Card from American Express

One of the best cards for everyday spending is the Blue Cash Preferred® Card from American Express. Cardholders earn:

  • 6% Cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%) and on select U.S. streaming subscriptions
  • 3% Cash back on transit (including taxis/rideshare, parking, tolls, trains, buses, and more) and at U.S. gas stations
  • 1% Cash back on other purchases

Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit. Also, Plan It gives cardholders the option to select purchases of $100 or more to split up into monthly payments with a fixed fee and no interest (terms apply).

The annual fee is $0 the first year, then $95 (See Rates & Fees).

The welcome offer is the ability to earn 20% back on purchases on the Card within the first 6 months of Card Membership, up to $200 back. Plus, earn $150 back after you spend $3,000 in purchases on the Card within the first 6 months of Card Membership. You will receive cash back in the form of statement credits.

Terms apply.

Learn more: Cash Back Credit Cards

Bank of America

Bank of America has some of the easier signup bonuses to earn. If you only have a small amount of free cash, you may appreciate these bonus offers.

Bank of America Advantage Banking ($100)

The information for the Bank of America Advantage Banking account has been collected independently by Johnny Jet. The card details on this page have not been reviewed or provided by the card issuer.

You can earn $100 bonus cash by opening an Advantage Banking account. There are three different checking account tiers to choose from. To earn the bonus, your first step is opening an account by June 30, 2021. Next, set up and receive two qualifying direct deposits of at least $250 or more each within the first 90 days of account opening.

This offer is limited to new Bank of America personal checking account customers only.

Bank of America Cash Rewards ($200)

The Bank of America® Cash Rewards Credit Card card earns up to 3% back on purchases in the category of your choice (choices include gas, online shopping, dining, travel, drug stores, or home improvement/furnishings). Cardholders also earn 2% cash back at grocery stores and wholesale clubs. You’ll earn 3% and 2% cash back on the first $2,500 in combined choice category/grocery store/wholesale club purchases each quarter, then earn 1%.

All other purchases earn unlimited 1% cash back.

You can also get a $200 signup bonus by making at least $1,000 in purchases during the first 90 days. There is no annual fee.

Learn more: Cash Back Credit Cards

U.S. Bank

U.S. Bank has some exciting promotions. Having a U.S. Bank checking account can make it easier to qualify for their rewards cards that can be hard to qualify for.

U.S. Bank Checking and Savings Bonus (Expired)

The information for the U.S. Bank Checking and Savings Bonus has been collected independently by Johnny Jet. The card details on this page have not been reviewed or provided by the card issuer.

It’s possible to earn up to $350 bonus cash after completing qualifying activities with this two-step 2020 summer bonus offer. This offer ends on August 31, 2020, so you will need to act quickly.

You earn $300 by opening a Platinum, Gold, or Easy Checking account. You will need to complete at least two or more recurring direct deposits totaling $2,000 or more and enroll in eStatements within the first 60 days of account opening.

Earn the remaining $50 by opening a U.S. Bank Standard Savings account with a minimum $2,000 deposit by September 8, 2020. Then, you maintain the $2,000 minimum balance through November 30, 2020.

U.S. Bank Altitude Go ($250)

The information for the U.S. Bank Altitude® Go Visa Signature® Card has been collected independently by Johnny Jet. The card details on this page have not been reviewed or provided by the card issuer.

The U.S. Bank Altitude® Go Visa Signature® Card earns up to 4x on purchases. Cardholders earn 4x points on takeout, food delivery, and dining, 2x points on grocery stores, grocery delivery, streaming services, and gas station purchases, and 1x point on all other eligible purchases.

Its signup bonus is 20,000 bonus points by spending $1,000 in the first 90 days. Your bonus points are redeemable for cash, travel, merchandise, and gift cards. This card doesn’t have an annual fee and points don’t expire.

Summary of the Bank With the Best Signup Bonus

Bank and credit card signup or welcome bonuses help you get more value from your new accounts. Once you find the best bonus offer you can earn, you can apply and put your money to work. You might also develop a longstanding bank relationship that can yield bigger rewards in the future.


Do banks give you money for opening an account?

It’s possible to earn a signup bonus for opening new checking and savings accounts. However, the promotions vary by bank and certain conditions apply. For example, you may have to enroll in direct deposit, maintain a minimum balance for several months, and complete a number of debit card purchases.

National banks like Chase, Citi, and Bank of America are more likely to offer signup bonuses. Online-only banks are unlikely to offer bonuses but can offer more perks and higher interest rates, such as CIT Bank.

Are bank bonuses worth it?

Bank bonuses can be worth it have you have enough spare cash and can use the account enough to justify any monthly service fees. For instance, you may not pursue the bonus if you cannot waive the monthly service fee that erodes even the best signup bonus.

It’s possible to close the account after earning the bonus, but you will need to take the time to close your account and transfer your assets. Note that if you close an account too soon, you may not be able to keep the bonus. Always check the terms and conditions before making a decision.

Credit card signup bonuses can be better as the spending requirements can be lower than the bank account deposit requirements. Also, credit card bonuses are non-taxable and bank account bonuses are taxable income.

What is the easiest bank to open a checking account?

Chime Bank can be the easiest bank to open a checking account with. One reason why is that Chime doesn’t check your personal banking history when you apply for an account.

Also, their Spending Account (i.e., checking account) has no monthly service fees or overdraft fees. It’s online-only so you can apply from anywhere in the United States. You get a free Visa debit card for purchases and access to over 50,000 fee-free ATMs.

Related Articles:

For rates and fees of The Platinum Card® from American Express, please click here.

For rates and fees of The Blue Cash Preferred® Card from American Express, please click here.


Chase Sapphire Preferred® Card

  • Our best offer ever! Earn 100,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,250 when you redeem through Chase Ultimate Rewards®.
  • Earn 2X points on dining including eligible delivery services, takeout and dining out and travel. Plus, earn 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 100,000 points are worth $1,250 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.

The comments on this page are not provided, reviewed, or otherwise approved by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

Editorial Note: The editorial content on this page is not provided by any bank, credit card issuer, airlines or hotel chain, and has not been reviewed, approved or otherwise endorsed by any of these entities.

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