Banner Bank's Hefty $1,000 Bonus: Worth the Hassle?
Published on January 18, 2026, 9:26 PM
Banner Bank is offering a bonus of up to $1,000 for new customers who open checking and savings accounts! The offer is available to residents of Oregon, Washington, California, and Idaho only and expires on March 31, 2026. To snag the full $1,000, you'll need to jump through a few hoops, splitting the bonus between a checking and savings account.
Specifically, you can earn up to $500 for a checking account by receiving direct deposits totaling $5,000 within 60 days and maintaining a $5,000 balance for an additional 90 days. For the savings account, you can earn up to $500 by depositing $25,000 in new money within 60 days and maintaining a $25,000 balance for another 90 days in a High Yield Relationship Savings account. A smaller bonus amounts are available for smaller deposit amounts. Make sure to use promo code 2026DP when signing up.
Why does this matter to you, the award traveler? Well, a thousand bucks is a decent chunk of change that can go towards your next adventure! If you have the cash sitting around and you're eligible, it might be worth the effort to open these accounts, collect the bonus, and then re-evaluate if you want to keep them open. Just be aware of the terms and conditions, especially the direct deposit requirements and the minimum balance periods, to make sure you qualify. Also, remember "new money" means funds not currently held at Banner Bank.
