Got an idea for a holiday? Send it to us

Submit Now

Bank Account Bonus Month – July 2023

Bank Account Bonus Month takes place in July in the United States. It reminds us to take a moment to think about opening a bank account. When most people consider opening a new one, they spend time searching for a bank that does not charge too many fees or has a physical branch located close by. The most important thing about Bank Account Bonus Month is that people will be paid for opening a new account. All the banks in the world will offer incentives to new customers in the form of “Bank Account Bonuses” to entice people this month!

History of Bank Account Bonus Month

Will & Chuck at Doctor of Credit started Bank Account Bonus Month. His purpose was to help people discover the greatest bank account bonus available at financial institutions everywhere. Both customers and banks get an advantage today. On one side, the banks hope to get new clients who would make their new account a primary one. On the other hand, people can open their first bank account and get a bonus for doing so.

The process starts with understanding the requirements of opening an account and getting the bonus, and learning how to meet them. It is important to note, however, that banks do not lose money when they give these bonuses to their prospective customers. They recoup by applying monthly fees, a minimum number of debit card transactions, requiring direct deposits or bill payments through their bill service.

A list of banks that offer these bonuses will be available everywhere this July. People can compare the bonus offers to find the best deals. There are other incentives too, like bonuses for opening a brokerage account. Bank Account Bonus Month is your chance to take the greed of financial institutions and turn it into extra cash for you!

Bank Account Bonus Month timeline

1800 B.C.
The First Bank Account

The very first bank account is opened in Mesopotamia.

1933
The Federal Deposit Insurance Corp

After the Great Depression, the U.S. Government introduces new regulations to restore confidence in the country’s banking system.

1950
The First Credit Card

The first universal credit card is introduced by the Diners' Club, Inc.

1969
The First U.S. Automated Teller Machine

The first A.T.M. is installed at Chemical Bank in Rockville Center, New York.

1971
The Bank of the United States

The Bank of the United States, also known as the First Bank of the United States, opens for business in Philadelphia.

Bank Account Bonus Month FAQs

What is a checking account bonus?

It is a bonus that banks offer to new checking or savings account openers.

What day do I have to open an account to get the bonus?

Any day in July. There is no particular day to go to the bank, as long as it’s on or before July 31 and on a weekday.

What are the benefits of having a bank account?

It is an easy, cheap, and convenient way to save money.

Bank Account Bonus Month Activities

  1. Open your first bank account

    Take advantage of the Bank Account Bonus Month to open your very first bank account and earn a bonus. Open savings accounts for your kids too, and use their bonus to get them a treat.

  2. Share the information

    Believe it or not, this holiday is quite obscure. Not many people know about the new-account bonuses either. So spread the love by sharing the information for your neighbors and loved ones to take advantage of. Maybe one of your friends doesn’t even have a bank account! They can open their very first one and get a little extra cash. They’ll owe you one.

  3. Use the bonus

    Once you’ve opened a bank account and gotten a bonus, you can spend it how you like. You can have dinner in a fancy restaurant, or buy something you’ve been postponing. It is free money, so you can do whatever you want!

5 Banks That Offer Bank Account Bonuses In The U.S.

  1. Citibank

    They offer up to $1,500 bonuses.

  2. BMO Harris

    They offer up to $350 bonuses.

  3. M&T Bank

    They offer up to $250 bonuses.

  4. Monifi

    They offer $250 bonuses.

  5. Chase Bank

    They offer $225 bonuses and $100 to college students.

Why We Love Bank Account Bonus Month

  1. It offers extra cash

    By opening a new bank account, you can garner a little extra cash. Use this money for whatever you need.

  2. A bank account has its benefits

    Bank accounts are safe, and an easy way to save money. They can also help you keep track of what you earn and what you waste.

  3. Access to credit

    If you want to acquire a home, a car, or a student or personal loan, open a bank account. Banks favor existing customers for these things, particularly those who manage their money well.

YearDateDay
2023July 1Saturday
2024July 1Monday
2025July 1Tuesday
2026July 1Wednesday
2027July 1Thursday
Clean Beaches Week
National Culture Consciousness Week
American Zoo Day
Bank Employee Day (Guatemala)
Blink 182 Day
Burundi Independence Day
Canada Day
CPC Founding Day
Doctor's Day (India)
Dog House Repair Month
Early Bird Day
Ghana Republic Day
Hong Kong Special Administrative Region Establishment Day
Hop A Park Day
International Cherry Pit Spitting Day
International Chicken Wing Day
International Day of Cooperatives
International Joke Day
International Reggae Day
Keti Koti
Ketikoti
Madeira Day
National Baby-Led Weaning Day
National Creative Ice Cream Flavors Day
National Financial Freedom Day
National Gingersnap Day
NATIONAL HOP-A-PARK DAY
National Postal Workers Day
National Television Heritage Day
National U.S. Postage Stamp Day
National Wrong Trousers Day
Second Second Half of the Year Day
Singapore Armed Forces Day
Sir Seretse Khama Day
Smart Irrigation Month
Territory Day
The Day of Dombyra
Virgin Islands Day
ZIP Code Day
AgitÁgueda
Bank Account Bonus Month
Beans Month
Bereaved Parents Awareness Month
Bioterrorism / Disaster Education and Awareness Month
Cord Blood Awareness Month
Corn Month
Eggplant Month
Family Golf Month
Fragile X Awareness Month
French-American Heritage Month
Global Enterprise Agility Month
Good Care Month
Hemochromatosis Screening And Awareness Month
Herbal / Prescription Interaction Awareness Month
Hitchhiking Month
Independent Retailer Month
International Blondie and Deborah Harry Month
International Group B Strep Awareness Month
International Women with Alopecia Month
International Zine Month
Juvenile Arthritis Awareness Month
Lasagna Awareness Month
National Anti-Boredom Month
National Baked Beans Month
National Bison Month
National Blueberry Month
National Cell Phone Courtesy Month
National Child-Centered Divorce Month
National Cleft and Craniofacial Awareness and Prevention Month
NATIONAL CONTRACT SEWING MONTH
National Culinary Arts Month
National Family Reunion Month
National Grilling Month
NATIONAL HEMP MONTH
National Horseradish Month
National Hot Dog Month
National Ice Cream Month
National Lost Pet Prevention Month
National Make A Difference to Children Month
National Minority Mental Health Awareness Month
National Pet Hydration Awareness Month
National Picnic Month
National Watermelon Month
Nutrition Month Philippines
Sarcoma Awareness Month
Social Wellness Month
Talk to Us
UV Safety Awareness Month
Wild About Wildlife Month
World Watercolor Month

Want to sponsor this holiday?

Holidays Straight to Your Inbox

Every day is a holiday!
Receive fresh holidays directly to your inbox.