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Best Banks Offering Cash for New Accounts in 2018

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Banks offering cash for new Accounts

Banks Offering Cash Bonuses for New Accounts in 2018

Some banks are offering large cash bonuses for opening new checking and savings accounts these days. If you’re looking for a new banking relationship, now is a great time to open a new online bank account.

In a low interest rate environment, Depositors are always looking for ways to add yield and enhance returns. The competition for new deposits is fierce.

Larger banks are facing pressure from online banks, which can offer higher returns because they don’t have the expenses of maintaining a physical presence.

 

 




Here are some of the best offers:

Chase is offering $200 for new customers. You’ll have to visit a branch to open the new checking account and deposit at least $25 — and then have a direct deposit made within 60 days.

Also,  if you close the account before six months, they will claw back your bonus.

If you deposit $1,500 into a new checking account with HSBC by June 29, you can score $200.

Have $100,000 lying around? HSBC will give you $750 for handing it over in a new checking account. You’ll have to maintain that balance for at least 90 days, but part of it can go into a savings or investment account.

 

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SunTrust, an Atlanta-headquartered bank, will give you $500 if you open an online checking account with it by July 31.

Though to qualify you have to have an address in one of these locations:

  • Alabama,
  • Arkansas,
  • Georgia,
  • Florida,
  • Maryland,
  • Mississippi,
  • North Carolina,
  • South Carolina,
  • Tennessee,
  • Virginia,
  • West Virginia
  • and the District of Columbia.

And within 60 days, you’ll need to have deposited $2,000 (and $100 within two weeks). You’ll also have to put the account to use, making at least 10 debt purchases within 60 days.

 

 

Great Offer From Fidelity Investments: Get a $200 Bonus When You Deposit $200

Fidelity Investments has a very generous offer for a bonus of $200. The offer is available nationwide and can be done online.

The Offer

Open a spending account + investing account and they will match your first deposit up to $200 so you can spend today while saving for tomorrow.

In order to receive the cash bonus, you must open and fund a new eligible Fidelity Brokerage Account and Fidelity Cash Management account on or after 6/21/18. Deposits of $50 to $99 may receive $50, deposits of $100 to $149 may receive $100, deposits of $150 to $199 may receive $150, and deposits of $200 or more may receive $200. (double check to see that the offer is still valid).

Offer page

Key Terms

  • • New accounts must be funded within 60 days
  • • Funding must come from an external, non-Fidelity source via any standard monetary transfer method (a standard Transfer of Assets form, check, electronic funds transfer, ADM deposit, etc.).
  • • Account holders must maintain the minimum qualifying account balance (minus any losses related to trading or market volatility, or margin debit balances) at Fidelity for at least nine months from the date on which the bonus award is credited to the account, or Fidelity may charge the account the cost of the bonus award.
  • • In addition, account holders must not use qualifying deposits to purchase insurance or annuity products offered or distributed by Fidelity within 60 days of receiving a bonus award, or Fidelity may charge the account the cost of the bonus award.
  • • Customers must register at https://communications.fidelity.com/pi/start-your-stack/?ccsource=offer.
  • • Accounts have no fees
  • • No expiration date

 

 




 

When you’re trying to save money, every little bit counts.  And those pesky $12 account fees can really add up.

Americans are still paying $15 billion in fees, including monthly service charges, the Consumer Financial Protection Bureau has said.

Here are three banks that are offering a free checking account and paying interest on the deposits.  It’s a very good deal.

 

Some Banks still offer Free checking accounts with interest.

Some examples of checking accounts offering interest and free checking:

 

 

Tips to track down Money owed to you:

  • Unclaimed money from state governments:  

Such as old bank accounts and contents of safe deposit boxes.  Go to Missingmoney.com    MissingMoney.com has the most updated information for the state and provincial offices, their websites with contact information and property listings. Searches and claiming are always FREE. Information goes securely and directly to the state/provincial unclaimed property office.

  • Old Stocks and Bonds: 

Go to SEC.gov  An old stock or bond certificate may still be valuable even if it no longer trades under the name printed on the certificate. The company may have merged with another company or simply changed its name. Keep in mind that due to corporate reorganizations (such as splits, mergers, or reverse mergers), the current share price may not be useful in determining the certificate’s value, if any.

If the name of the transfer agent is printed on the certificate, contacting the transfer agent is the easiest way to learn about the certificate. If the transfer agent whose name appears on the certificate is no longer in existence, contacting the state agency that handles incorporations in the state in which the company was incorporated may prove useful. Certificate holders who have a brokerage account may want to ask their broker if they can assist in researching the certificate.

 

  • Unclaimed Bank Funds:

  •  What is included in Unclaimed Deposits?

  • Unclaimed Deposits may include any item or negotiable instrument deposited in or issued by an FDIC Insured financial institution including
  • checking or savings accounts,
  • cashiers checks,
  • official checks,
  • money orders,
  • Certificates of Deposit,
  • IRA Accounts,
  • and others collectively referred to as “deposits”.
  • Deposits are considered unclaimed if the rightful owner did not assert that the funds belonged to them within 18 months after the failure of the financial institution.
  • Claiming funds held at a Closed Bank: FDIC Website

 

 

 

  • Unclaimed Pension Funds:  PBGC.Gov

  • The Pension Benefit Guaranty Corporation protects the retirement incomes of nearly 40 million American workers.   Call PBGC toll-free at 1-800-326-LOST (5678). [TTY/ASCII users: call the federal relay service toll-free at 1-800-877-8339 and ask to be connected to 1-800-326-LOST.]

 

  • Unclaimed Tax Refunds:

  • Tax Refunds – The Internal Revenue Service (IRS) may owe you money if your refund was unclaimed or undelivered.
  • Credit Union Failures – Find unclaimed deposits from credit unions.
  • SEC Claims Funds – The Securities and Exchange Commission (SEC) lists enforcement cases where a company or person owes investors money.

 

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