5 Steps to Earn Up to $500 with New Checking Account Offers
Are you looking to make some extra cash without too much hassle? Who isn’t, right? We all could use a few extra bucks in our pockets. Well, we’ve got good news for you.
There are tons of banks out there offering sweet sign-up bonuses just for opening a simple checking account. We're talking cold, hard cash bonuses of $100, $200, or even up to $500!
Now you may be wondering, what's the catch? Do we have to jump through hoops to get this free money? Great question. Earning these new account bonuses is not difficult at all.
In this blog post, we'll explore the step-by-step process for earning these bonuses. It couldn't be simpler! Now, let's get you paid.
Opening New Accounts for Bonuses
We all have expenses and financial goals we're working towards, whether it's saving up for a family vacation, remodelling our homes, or building our retirement nest eggs.
We can use all the extra money we can get,. Those new account bonuses are free money waiting for you to collect.
Even better, that new account can help improve your financial organization. You won't have to mess with your current checking or savings.
Keep that money separate for bills and expenses. Use your shiny new account as fun money for hobbies, entertainment, or even short-term savings goals!
Earn Up to $500 in Bonuses with These 5 Simple Steps
Opening a checking account can net you a nice chunk of change. Banks offer juicy bonuses to bring in customers like you.
Follow these five simple steps below to earn up to $500 in easy bonuses. Now that's a quick payday!
Let’s read these steps one by one in detail;
1. Find the Best New Account Deals
We searched to find which banks are running the hottest promotions. We look at sites like Bankrate and Nerdwallet, which aggregate the best checking and savings account deals nationwide.
You can also search directly on bank websites in your area. Look specifically for “new checking account bonus” or similar wording.
Typically, you'll find offers like:
● Earn $200 for opening a new checking account
● Get $500 for new checking and savings accounts
● Up to $300 bonus with qualifying activities
The bonuses will range anywhere from $100 up to $700 for combo account packages. Write down the specifics for each bank offer that interests you.
2. Pick 1-2 Banks and Apply for Accounts
Next, you'll thoroughly read the promotional details and pick the best 1 or 2 new account offers to pursue.
Please double-check any minimum balance requirements and the activities you'll need to complete to earn the cash bonus.
Once you decide on the specific account(s), you can simply apply online to open each one. Most banks only require a minimum opening deposit of $25-$100.
The application process only takes about 10-15 minutes from start to finish. Have all your info handy, including IDs, social security numbers, employment details, etc.
3. Complete Account Activity Requirements
It is essential! To earn the account bonuses, you must complete qualifying activities within a specific time frame when opening the account. Refer back to the promotional details for specifics.
Typical requirements may include:
● Set up direct deposit
● Use debit card for 10+ purchases
● Maintain a minimum balance for 60-90 days
So be sure to use the account! Use it as your fun money account for dining, entertainment, shopping, etc.
Remember, we're going after "free money" here. It'll be worth it in the end!
4. Get Your Bonus
Now comes everyone's favourite part of payday! As long as you complete the promotional activities, the bank will deposit your new account bonus directly into your new account.
The exact timing varies, but expect your bonus within 2-3 months of meeting the requirements. In other words, you've earned cold, hard cash just by opening an account and using it regularly.
What will you do with your bonus bucks? Splurge on a shopping spree? Wine and dine yourself? Or be responsible and stash it into savings? Hey, you’ve earned it!
5. Keep or Close Account
Lastly, decide whether to keep the new checking account open or close it. Will it be helpful for your financial organization? Or is it more hassle than it's worth? No problem either way!
If closing it, withdraw any remaining funds and ask the bank to close the account. You already earned the bonus money, which is now safe in your pocket! Or keep it open and put the account to reasonable personal use.
Let's Get You Paid!
Now you've got the inside scoop on how to easily score up to $500 in free money bonuses. All you have to do is open a simple checking account or two and use them. It couldn't be easier!
Make a quick list of those enticing new account offers and apply today. You've so got this.
Now, let's get you paid!
