Which banks offer the highest sign-up bonuses?

Chase, Citi, and Wells Fargo banks have some of the highest sign-up bonuses available, although it takes time and large deposit to qualify. Chase offers a $3,000 bonus when you transfer $500,000 or more into a new or upgraded Private Client Checking account and maintain the balance for 90 days.

How much are bank account bonuses?

Depending on the financial institution, we've seen bank account bonuses ranging from $50 to $1,000. These new customer bonuses are often offered through limited-time promotions—both for checking accounts and savings accounts—and the requirements to earn one can vary. Make a certain amount of debit card purchases within a defined promotional period

What are the different types of sign-up bonuses?

Another type of bonus is a bank referral bonus. You earn this bonus when you refer a friend who opens a qualifying bank or credit union account using a code or link you provide. Your friend may also earn a bonus. This bonus may be much smaller, such as $50 per referral, but may arrive more quickly than other types of sign-up bonuses.

What can you do with a banking app?

With a banking app, you should be able to do basic things you'd normally at a bank — deposit checks, speak with a representative, and see your account balances. Through the Ally mobile app you can set up savings or spending buckets that let you save for separate goals, like an "Emergency fund" and "Travel Account."