Are you and your partner looking for a smart way to manage your finances together? Opening a joint account might be the perfect solution, and it’s easier than ever to get started. In today’s digital age, many U.S. banks offer the convenience of opening a joint account online – no need to step into a branch.
But that’s not all; these banks are not just offering ease and efficiency, they’re also willing to sweeten the deal. Imagine starting your joint financial journey with an extra boost of up to $300 as a sign-up bonus. Intrigued? Let’s dive into the top U.S. banks where you can open a joint account online and enjoy a lucrative welcome bonus.
Best Choice – Highest FDIC Insurance Protection, No fees, No Minimum Balance Requirement.
1. SoFi – Checking and Savings Joint Account
- Eligibility: You and the other person must be 18+ years old.
- Signup Bonus: $300
- Application Process: Quick online/mobile app application, Invite and approve the joint account holder.
- Key Features: No account fees or minimum balance, Access to 55,000+ fee-free ATMs, Overdraft coverage, and FDIC insurance up to $500,000.
- Additional Benefits: Earnings on debit card purchases, Early paycheck access, Savings with SoFi Vaults.
- Account Limitations: Can’t have both a joint and individual account simultaneously, Merging two individual accounts into one joint account isn’t possible.
See more details to open this joint account online with SoFi
Other Options with minimum balance requirements to waive fees.
2. Bank of America – Advantage Banking (Request Joint Account)
- Eligibility: Open to new Chase checking customers. Must not have received a Chase checking bonus in the past two years.
- Signup Bonus: $300 for opening a Chase Total Checking® account and setting up direct deposit within 90 days.
- Application Process: Available online or at Chase branches. Requires personal information like Social Security number and government-issued ID.
- Key Features: Online and mobile banking, over 16,000 ATMs, 4,700+ branches, bill pay, and mobile check deposit.
- Additional Benefits: Account activity alerts, fraud monitoring, and Zelle® compatibility.
- Account Limitations: Monthly service fee, waivable with certain conditions like direct deposits of $500+ or minimum balance requirements. Fees for non-Chase ATM use and other services.
See more details to open this joint account online with Chase
3. TD Bank Checking (Request Joint Account)
- Eligibility: Available for new TD Bank customers who don’t have existing or prior personal checking accounts with TD Bank.
- Signup Bonus: $300 bonus for receiving direct deposits totaling $2,500 within 60 days of account opening.
- Application Process: Apply online, by phone, or in-person. Requires personal identification information for both parties.
- Key Features: No ATM fees, reimbursement of other banks’ ATM fees, no foreign transaction fees, online and mobile banking, mobile deposit, and bill pay.
- Additional Benefits: Overdraft protection options, discounts on home loans, free money orders, and official bank checks.
- Account Limitations: Monthly maintenance fee, waivable with a $2,500 daily balance, $5,000 monthly in direct deposits, or $25,000 in combined TD accounts. Possible fees for certain additional transactions and services.
See more details to open this joint account online with TD Bank
4. Wells Fargo Everyday Checking (Request Joint Account)
- Eligibility: New Wells Fargo Everyday Checking customers only; cannot have a current personal checking account or have received a Wells Fargo checking account bonus within the past 12 months.
- Signup Bonus: $300 bonus for completing specified transactions or setting up qualifying direct deposits within a certain timeframe after account opening.
- Application Process: Apply online, by phone, or in-person, providing personal and identification information.
- Key Features: Includes online bill pay, mobile banking, and mobile deposit, along with a wide ATM and branch network.
- Additional Benefits: 24/7 fraud monitoring, zero liability protection for unauthorized transactions, and access to a budgeting tool.
- Account Limitations: Monthly service fee, waivable with certain conditions like maintaining a minimum balance, qualifying direct deposits, or student status. Additional fees may apply for some transactions and services.
See more details to open this joint account online with Wells Fargo
5. FirstBank (Bloom) Checking & Savings (Request Joint Account)
- Eligibility: Exclusive to residents of Arizona, Colorado, and Riverside County, California. Open to new FirstBank consumer checking customers.
- Signup Bonus: $300 bonus for opening a new Bloom Package (checking and savings accounts) and meeting specific criteria like direct deposits or debit card transactions within a set timeframe.
- Application Process: Available online for residents of eligible regions. Requires personal and identification information, along with proof of residence.
- Key Features: Combines checking and savings accounts; offers online and mobile banking, bill pay, and mobile check deposit. Savings account often features competitive interest rates.
- Additional Benefits: Access to FirstBank’s ATM network, potential overdraft protection, and custom account alerts.
- Account Limitations: Monthly service fees, waivable by maintaining a minimum balance or receiving regular direct deposits. Other standard banking fees may apply for additional services or overdrafts.
See more details on FirstBank Bloom Checking and Savings
Bottom Line
In my opinion, SoFi Checking and Savings Joint Account is the best option, because it has a $0 account fees and offers a lot more benefits than the other banks on this list. But you might have a different opinion on what’s really important to you.
Apart from SoFi Bank, each of these accounts has specific requirements to maintain a $0 banking fees. So it’s important to check the details of each offer through their respective links and make sure it’s available in your region, as well as offers the benefits that you care to receive the most.
You might also want to check out these high-yield savings account, or banks that offer a 2 days early pay for more benefits.
