Savings Account Promotions: February 2025

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View list of best savings promos and bonus offers for new accounts. Look for cash bonuses and high interest rates.

Savings Promotions for February 2025

Want a better way to jumpstart your savings? Look for a bank account bonus you can qualify for!

Think about it, you're parking your money safely in a financial institution. At the same time, you can either get a higher introductory interest or a cash reward with it.

Here are some of the current offers trying to win over new customers like you.

What checking accounts gives you a bonus for opening an account?
Here are some of the best checking account offers to compare:

CreditDonkey Survey Results

How much do you have saved for emergencies?
35% No emergency savings
20% Less than 3 months
21% 3 to 6 months
24% More than 6 months
Source: CreditDonkey poll of 1,864 respondents, January 2025

FAQs

What is a savings account bonus?
A savings bonus is an incentive offered by banks to encourage new customers to open a savings account with them. Its core is a cash reward typically credited to the newly opened account once requirements are fulfilled.

Is it worth opening a bank account for the bonus?
Pursuing a bank bonus can be beneficial overall if the account in particular has other useful features. They could be free checking, a competitive Annual Percentage Yield, or zero overdraft fees.

How can I find the best promotion for my needs?
One way to determine the right bank promotion for you is if the account addresses your priorities. These may include having low fees, extensive ATM networks, online banking, or all of the above.

What bank has the best promotions?
Aside from being the no. 1 bank, Chase has some of the best promotions across different products. You can score limited-time bonuses from opening a basic Chase checking account to premium banking alongside qualifying activities that are often doable.

Are savings account bonuses taxable?
Any sign-up bonus whether it's from a newly opened checking or savings account is considered income. As such, you need to report it on your tax return with the Internal Revenue Service.

More Savings Account Offers

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Bank Promotions

How much do you have saved for emergencies?
35% No emergency savings
20% Less than 3 months
21% 3 to 6 months
24% More than 6 months
Source: CreditDonkey poll of 1,864 respondents
Checking Account Promotions

Checking Account Promotions

Score up to $3,000 with the best checking account bonuses.

About CreditDonkey
CreditDonkey is a bank comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.

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