Checking accounts are often used as a depository account as it score some points over savings and certificate deposits.Here are the best 10 best checking account promotions for 2012 so far.

1.Sovereign bank

Sovereign bank offers 3 types of bonus sign ups for the three checking accounts it has.They have a premier account,preferred and classic checking.Each of these accounts.All these accounts are fdic insured and charge a minimal fee to get started.All you have to do to avoid monthly fees is maintain a balance of $2o in the account.

 

 

 

 

 

2.BB and T

BB & T has 4 plans for checking accounts and offers free online bill payment,free check cards,free online/paper statements. The monhtly maintainance fee can be waived too if the prescribed balance is maintained every month.

 

 

 

 

 

 

3.Ally bank

One of the two best reason to open a checking account with ally bank is the ally perks program that all debit card holders can avail off.There are no points or rewards,its a simple dollar amount that gets added back to your account when you shop with your debit card online, or in stores.

 

 

 

In addition to no monhtly maintainance charges, you also get free online banking,bill pay,overdraft transfer service,debit mastercard, and not to mention some of the highest interest yield rates offered as compared to other banks.From the ally website,we found these APY rates on a balance of $15,000 (Cali).

 

 

 

 

 

 

4.Homestreet bank

Homestreet bank continues to have one of the best all round consolidated offers for new customers wanting to sign up for checking accounts.There is a total of$300 worth of cash credits that you can earn for your new account.They can be availed of as follows:

- $100 by setting-up FREE direct deposit of payroll, pension, Social Security.

-$80 for using your Visa® Check Card ($2 per purchase up to $80).

-$75 for using FREE Online Bill Payment, ($15 per payment up to $75)

-$25 for giving us your old checks and debit card from your old bank ($15 for your check card and $2 per pad for checks up to $10)

-$20 for signing up to receive FREE e-statements.

$300 total.

 

 

In other words,they are paying you to use their services,which is fantastic.One of the best promotions on our list.

5.Bank of America

For a limited time only,new applicants get a $50 bonus by signing up.This amount will be credited to the new account.I norder to recevie this bonus,choose your checking accoutnt type and use the coupon code GROUP50 in the application form.

 

 

 

 

6.Capital One

Capital One rewards offer a $100 and a $300 available uptil june 30th. If your 30 day account balance is $500, you can avail of a $100 bonus, and if your balance is $3000 then you can get $300.

 

 

 

 

Also at stake are bonus miles and reward points can be redeemed via cash,travel or store merchandise

7.Chase bank

In order to receive a $125 gift card that expires on 30/4, all you do is open a total checking account with atleast $100 in it,and then setup direct deposit on it.The monthly maintenance fee of $12 can be waived if you setup a direct deposit of $500 or maintain a monthly balance of $5000

8.ING Direct

When opening a checkig account with ING you get a $50 bonus and will be deposited in the account within 50 days.All you have to do is Open Electric Orange of 3 Card purchases or Person2Person Payments (or any combo of the two) within 45 days of account opening to avail the offer.

 

 

 

 

This account has no minimum balance or monthly fees and APY rates are 0.2% (upto $50,000),0.85%($50,000-$100,000) and0.90% (over $100,000).Click here to make the account

9.First Bank

The Free Checking account from First Bank has no service charges,no monthly fees and no minimum balance required.The best part of this offer is that when you signup for a new account along with direct deposit, you get a Amazon Kindle fire or an Apple Ipod Touch.

 

 

 

 

10.Citibank

By applying for a new account upto 30th April 2012 you stand to earn upto $400 in gift card.To avail of this fantastic offer,simply use direct deposit once and enroll the account in citi thank you rewards.For the basic checking you get $50 gifts,for the citibank account package you get $200, and for the citigold citigold account package you get $400.