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Banking Bonuses: Up to $500 Cash Offers

by Wise Bread Staff - Last updated Aug 19, 2025

Curated by Wise Bread Team

For new Bank of America Advantage Banking customers. Details:

  • NEW! Up to $500 Cash Offer (online only). See offer page for more details
  • Limited Time Offer expires 01/31/2026
  • Member FDIC
  • Earn up to 10% cash back with BankAmeriDeals®

I personally bank with Bank of America, and I’ve been recommending this deal to my friends and family. Click here to learn more details about the cash offer up to $500. 

Earn Cash Back on Debit Card Purchases

When you use the mobile app you get access to a deals portal called BankAmeriDeals, where you can earn up to 10% cash back at select stores and restaurants. For example I’ve seen great deals from Amazon Fresh, Little Caesars, Dunkin Donuts, Disney+, Panera, Dell, Estee Lauder, Hello Fresh, AT&T, Stitch Fix, El Pollo Loco, Dave & Busters, Adidas, and H&M, just to name a few (see screenshot 1, screenshot 2 screenshots).

Deals are frequently added, removed, and refreshed, so you may not see the exact same deals as I did. I recommend checking in frequently to get the most out of the program.

Who doesn't love earning some nice cash back from their debit card? 

 

Bank of America’s website has a scheduled deadline for the cash offer up to $500. I recommend getting this deal quickly. Click here to apply for the up to $500 cash offer.

 
 
Other Banking Deals

If you already have a Bank of America checking account, here are other banking bonuses you may qualify for. 

 

SoFi®
Pay no account fees or overdraft fees 3, and cash in when you sign up and set up direct deposit.
Member FDIC
  • OFFER $50 Bonus with qualifying Direct Deposit, up to $300 bonus 1
  • FEES No account fees 3
  • EARNinterest

 

Checking at UBT
Choose from three types of checking accounts
  • OFFER $500 bonus with qualifying Direct Deposit and paperless statements enrollment within 90 days
  • Accounts 3 types to choose from
  • FEES No monthly maintenance or activity fees

1 New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period) OR $300 (with at least $5,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period). Cash bonus will be based on the total amount of Eligible Direct Deposit. If you have satisfied the Eligible Direct Deposit requirements but have not received a cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 12/7/2023 and will be available through 1/31/2026. Full terms at sofi.com/banking. SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC.
SoFi members with Eligible Direct Deposit can earn 3.80% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the 3.80% APY for savings (including Vaults). Members without Eligible Direct Deposit will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 1/24/25. There is no minimum balance requirement. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet.

3 We do not charge any account, service or maintenance fees for SoFi Checking and Savings. We do charge a transaction fee to process each outgoing wire transfer. SoFi does not charge a fee for incoming wire transfers, however the sending bank may charge a fee. Our fee policy is subject to change at any time. See the SoFi Checking & Savings Fee Sheet for details at sofi.com/legal/banking-fees/.

Apply Now
at Bank of America's secure site
Apply Now
at Bank of America's secure site