Almost everyone might benefit from a few hundred dollars right now. Because of the tremendous rivalry in the online banking industry, some online banks are really giving away cash and up to 18x interest to new consumers who sign up. Oh, and you can sign up in around 3 minutes on your phone (some don't even require a deposit). Is it possible that it's all too wonderful to be true? Make your own decision.

Banks are giving money away just to open an online account.

Almost everyone might benefit from a few hundred dollars right now. Because of the tremendous rivalry in the online banking industry, some online banks are really giving away cash and up to 18x interest to new consumers who sign up. Oh, and you can sign up in around 3 minutes on your phone (some don't even require a deposit). Is it possible that it's all too wonderful to be true? Make your own decision.

Banks are well-known for leveraging your money against the market in order to generate a profit. It's only reasonable that they share a larger portion of the profit with you. Over time, competition has shifted away from traditional banks and toward internet accounts. To manage the great majority of home banking needs, you no longer need to go to a bank. Many banks have been able to enhance their incentive offerings to customers because they have adapted and reduced their administrative costs linked with brick and mortar establishments.

Many smaller local and regional banks, on the other hand, have responded to the ever-changing landscape by realising the potential of internet banking. In order to find the ideal fit for your money and lifestyle, you should look for bonus offers from both regional and national banks. Additional incentives may be provided to local customers where big banks are unable to compete.

What should I look for?

It's actually quite straightforward. The best deals are now available on the internet. Depending on your qualifications and timing, the bonus amount and account can change. Here are a few bonus alternatives and accounts you can come across while searching online.

CITIbank: If you deposit $5k, $15k, or $50k into a new checking or checking and savings account, you'll get a $200, $400, or $600 bonus, respectively. All you have to do is keep your account balance above zero for 30 days, and the bonus is yours to keep. If you receive one direct deposit into your account per month for two months in a row, you can earn an extra $100.

HSBC: Any new customer who has not had an HSBC account since November 2, 2017 can qualify by creating a new HSBC Premier Checking Account online through the promotional page. To qualify for the incentive, the customer must deposit at least $100,000 across all HSBC checking and savings accounts within the first 30 days after opening the account. After then, the funds in the account must stay over that threshold for at least 90 days. The $750 incentive will be credited to your new account after about eight weeks.

Chase: Chase has you covered if you don't have thousands of dollars on hand to put into a new account in order to qualify for one of the two alternatives outlined above. Customers who deposit at least $25 into a Chase Total Checking Account are eligible for a $200 incentive. To qualify for the incentive, the account must receive a direct deposit within 60 days and be open for at least 6 months. This incentive is especially fantastic because it will be credited to your account within 10 business days of meeting the criteria.

What's the harm in waiting? Take advantage of this opportunity!

The chances described above are just a small sample of what's out there for anyone willing to look online. Your results may vary, but you have the tools you need to open a new account that will make internet banking easier and your pocket a little fatter. These days, we could all use a little extra dollars. Why should you pass up the chance to get your hands on one?