A fresh opportunity for extra spending money is available—but time is running out.

New promotions from two large banks promise up to several hundred dollars in bonuses for eligible applicants.

But you’ll need to follow a few simple steps—and apply before late July or mid-August to qualify.

These offers reflect a growing trend of banks offering cash incentives to new checking customers.



Huntington Bank is now offering cash bonuses of up to $600 to new checking account holders. There are two available tiers:

• The Perks Checking account offers a $400 bonus.
• The Platinum Perks Checking account provides the full $600 reward.

Applicants must apply by August 15 to qualify for the Huntington offers. There are three key steps to follow:

1. First, customers must open a new checking account using a unique promotion code.
2. Next, applicants must meet qualifying deposit requirements. For one account, applicants need at least $500 in direct deposits—such as payroll or Social Security—within 90 days. The higher-tier account requires $25,000 or more in new money deposits within 90 days.
3. Finally, customers will receive the bonus within 14 days of meeting all requirements.

Another bank, Bank of America, is offering a $300 cash bonus to new checking customers. That offer ends on July 31 and is available only through the bank’s promotions page.

Applicants must not have owned or co-owned a personal checking account with the bank in the past 12 months.

These bonus offers require new account setup and timely deposits—and applicants must follow all eligibility rules.

Offers differ between standard and premium account types, with varying deposit thresholds.

Unlike many past promotions, one offer includes requirements tied to government payments like Social Security.


These cash incentives are part of broader strategies banks are using to attract new customers.

Applicants can download checking account details and apply online. Once requirements are satisfied, bonuses are deposited automatically.

But missed deadlines or incorrect promo codes may disqualify applicants.

Read next:

• Here's how you can CLAIM your $200 "bonus" money—act now or miss your chance by July 31
• You could be owed money from this $3.4 million privacy settlement—no receipts needed

Would you consider signing up for a checking account just to get a bonus? Have you ever claimed a bank bonus like this before? Share your experience in the comments!