18 best new bank account promotions and bonuses for December 2025: Earn up to $3,500

Core Insights - Interest rates on deposit accounts are declining, prompting banks to offer cash bonuses for new account openings to attract customers [1][2] Bank Promotions and Bonuses - Alliant Credit Union offers a $100 bonus for new members opening an Ultimate Opportunity Savings Account, requiring a minimum average daily balance of $100 for one year [3][4] - Associated Bank provides up to a $600 bonus for new checking accounts with direct deposits of $500 or more within 90 days [5] - BMO Bank has a $400 bonus for Smart Advantage and Smart Money checking accounts with at least $4,000 in qualifying direct deposits within 90 days [6] - Capital One 360 Checking offers a $250 bonus with no monthly fees or minimum deposit requirements, requiring two direct deposits of $500 or more within 75 days [9] - Chase Bank's Private Client Checking Account can yield up to a $3,000 bonus with a total transfer of $150,000 or more within 45 days [10] - CIT Bank offers up to $300 for opening a Platinum savings account with deposits of $25,000 or $50,000 within 30 days [11][12] - Citibank provides a $325 bonus for new checking customers with at least two enhanced direct deposits totaling $3,000 or more within 90 days [13][14] - Discover Bank's Online Savings Account offers up to $200 for new customers who open an account and meet specific deposit requirements [17] - Fifth Third Bank has a $300 bonus for new checking accounts with direct deposits of $500 or more within 90 days [18] - Huntington National Bank offers up to $600 for new checking accounts based on qualifying direct deposits [19] - PNC Bank's Virtual Wallet provides bonuses up to $400 based on the type of account and qualifying activities [20][22] - SoFi offers up to $300 for new accounts with at least one direct deposit [25] - TD Bank has bonuses ranging from $200 to $300 for new checking accounts based on qualifying direct deposits [26][27] - Wells Fargo offers a $325 bonus for new Everyday Checking accounts with qualifying electronic deposits of $1,000 or more within 90 days [32] Requirements and Considerations - Most banks require customers to meet specific conditions such as maintaining a minimum balance, setting up direct deposits, and keeping the account open for a certain period to qualify for bonuses [33][34][41] - Bonuses are considered taxable income, and customers should be aware of potential penalties for closing accounts shortly after receiving bonuses [36][38][39]