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Dollar Bank is once again offering a sweet bonus for opening a new checking account, and this time it's up to $600! The offer is currently set to expire on December 31, 2025, so you have plenty of time to consider it. To snag the bonus, you need to open an "Everything Checking" account using the promo code CHK22 and meet a few requirements.
Here's the breakdown: you'll get $300 in Mastercard debit card rebates with a total of $2,500 in direct deposits within 90 days of account opening, and you'll get another $300 after your one-year anniversary of account opening. The offer is available to new checking customers in OH, VA, MD, and PA (within 50 miles of a branch). Keep in mind there's a $5 monthly fee that can be waived with either six monthly transactions or an average balance of $2,500, and you'll need to keep the account open for a year to avoid an early termination fee.
Why should you care? Well, a free $600 is nothing to sneeze at! If you're in the right location and can meet the direct deposit requirements and keep the account open, it's an easy way to pad your travel fund. Just remember to factor in the monthly fee if you can't meet the waiver requirements, and be aware that bank bonuses are considered income, so you'll need to pay taxes on it.
Why This Matters for Your Strategy
News in the points-and-miles world moves fast, and promotional changes often have a short window. If this announcement affects a card or program you hold, log into your awardtrail dashboard to check your current benefit usage, bonus progress, and whether a transfer or redemption makes sense right now — before terms change.
As a general rule: transfer points only when you have a specific redemption in mind — transfers are almost always one-way and non-reversible. If you're unsure of the value, check our redemption guides before acting.
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October 8, 2026, 9:16 PM


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