4 Ways to Get the Most out of Checking Account Bonuses

Checking account bonuses can be a great way to save more money when you first open a checking account. However, if you’re smart about it, it’s possible for checking account bonuses to completely revamp the way you think about making money with a checking account. Here are four ways that you can completely enhance your opportunities when it comes to these bonus offers.

1. Find the Best Checking Account Bonus

Obviously, one of the first things you’re going to want to do is find the best checking account bonus opportunities in the first place. Of course, the “best” checking account bonus is completely subjective; that’s why there are so many of them, after all. If you can find a list of checking account bonus offers, this can let you go through all the different offers and choose the one that works best for your specific needs.

2. Avoid Monthly Fees

Monthly fees are part of many checking accounts, but that can very easily eat into the benefits that you can receive with a bonus. If you have an account that gives you $200 as the welcome bonus, but it has a $10 monthly fee, you’ll only have $80 of that welcome bonus available after the first year, and it’ll be completely gone by the end of the second. If your account has a monthly fee, make sure you look into how you might be able to waive it.

3. Track Bonuses If You Have Multiple Accounts Open

If you really want to maximize the benefits of your checking account bonuses, you’ll probably want to open multiple accounts, so you can get the best bonuses. However, it can be difficult to make sure that you’re meeting the requirements even when you only have one account open, let alone multiple. As strange as it may seem, a spreadsheet can effectively help you track these bonuses.

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4. Know for Certain That You Can Meet the Requirements

Before you ever apply for a checking account so that you can receive the benefits, you want to know 100% for certain that you can meet the requirements for the bonus. If a checking account requires that you have $2,000 in the account for multiple months, make sure you have that $2,000 available for the next few months. By knowing you can meet the requirements before you ever apply, you’ll be able to get more from your checking account.


A checking account bonus can help you add significantly more value to your checking account by giving you an extra deposit into your account within the first few months of having one. However, that doesn’t necessarily mean that you can just apply for any checking account with a bonus and assume that you’re going to get more benefits out of it. You need to make sure that your checking account is right for you. With these four recommendations, you can save even more with a checking account bonus.