This post may contain affiliate links which may compensate us based on your interaction. Please read the disclosures for more information.
These bonuses don’t come without strings attached. fizkes / Shutterstock.com
The battle of bank bonuses is heating up. As financial institutions compete for deposits in a high-interest rate environment, they have increased their cash bonus offers for customers who open new checking accounts. The average checking account promo is now just over $400, up from about $300 in 2021, according to Curinos, a financial data company. Intended as a hook to attract customers…