Best Large Deposit Bank Bonuses
The biggest bank bonuses go to those who can deposit more. These high-value offers reward you with $500 to $2,000+ for parking cash in a new account.
How Large Deposit Bonuses Work
Open a new account and deposit the required amount (typically $5K-$200K+) within 30-60 days of opening.
Keep the funds in the account for the required holding period, usually 60-180 days.
The bonus posts to your account after you meet all requirements. Then you can move your money.
$500+ Bonuses
Citibank
Citi checking
Citibank
Citi savings
Capital One
Capital One checking
HSBC
HSBC checking
Citibank
Citi checking
Marcus by Goldman Sachs
Marcus checking
Citibank
Citi savings
Chase
Chase checking
Ally Bank
Ally checking
Chase
Chase checking
Citibank
Citi savings
SoFi
SoFi savings
HSBC
HSBC Premier Checking
Ally Bank
Ally checking
Chase
Chase checking
Capital One
Capital One checking
KeyBank
KeyBank checking
TD Bank
TD Bank checking
Chase
Chase savings
Axos Bank
Axos Rewards Checking
BMO
BMO Smart Advantage Checking
$300-$499 Bonuses
Citibank
Citi checking
U.S. Bank
US Bank checking
Wells Fargo
Wells Fargo checking
BMO
BMO checking
Bank of America
BofA checking
Wells Fargo
Wells Fargo checking
U.S. Bank
U.S. Bank Smartly Checking
Truist
Truist One Checking
Regions Bank
Regions LifeGreen Checking
Citibank
Citi Priority Account
Huntington Bank
Huntington checking
Ally Bank
Ally checking
Capital One
Capital One checking
Fifth Third Bank
Fifth Third checking
PNC Bank
PNC Virtual Wallet
Fifth Third Bank
Fifth Third checking
BMO
BMO Alto Online Savings
Citibank
Citi checking
Wells Fargo
Wells Fargo Everyday Checking
Chase
Chase savings
American Express
Amex checking
Citibank
Citi savings
TD Bank
TD Beyond Checking
KeyBank
KeyBank Key Smart Checking
SoFi
SoFi Checking & Savings
Ally Bank
Ally checking
Capital One
Capital One checking
Fifth Third Bank
Fifth Third Momentum Checking
Regions Bank
Regions checking
Chase
Chase Total Checking
Citizens Bank
Citizens One Deposit
Huntington Bank
Huntington Unlimited Plus Business
American Express
American Express High Yield Savings
Tips for Large Deposit Bonuses
Calculate the real return
A $500 bonus on $50,000 for 90 days = 4% annualized. Compare this to your current HYSA rate. If you are earning 4.5% in a HYSA, moving $50K for 90 days costs you ~$562 in HYSA interest but earns $500 in bonus. Not always worth it.
Stack with account interest
Some bonus accounts also pay competitive interest. If the account pays 3-4% APY plus a bonus, the total return can beat a HYSA.
Watch for ChexSystems sensitivity
Many large banks pull ChexSystems. If you have had issues with bank accounts in the past, look for bonuses marked as not ChexSystems sensitive.
Check the early closure fee
Some banks charge $25-50 if you close the account within 90-180 days. Plan to keep the account open long enough to avoid this fee.
Frequently Asked Questions
What is a large deposit bank bonus?
A large deposit bonus requires you to deposit a significant amount (typically $5,000-$200,000+) into a new bank account and maintain it for a set period. In return, the bank pays you a cash bonus that can range from $200 to $2,000+.
Are large deposit bonuses worth it?
Yes, for the right person. A $2,000 bonus on a $200,000 deposit held for 90 days is equivalent to earning 4% APY annualized on top of any interest the account pays. Just make sure the money is not earning more elsewhere (like in a high-yield savings account or CDs).
Do I need to keep the money in the account forever?
No. Most bonuses require you to maintain the balance for 60-180 days. After that period, and after the bonus posts, you can withdraw or transfer the money. Be sure to check for any early account closure fees (typically within 90-180 days of opening).
Are large deposit bonuses taxable?
Yes. Bank bonuses are considered taxable interest income. The bank will issue a 1099-INT for the bonus amount. Factor in your tax rate when calculating the real value of the bonus.