Learn more about Banner Bank bonuses, promotions, and offers here!
Update 2/10/25:
- The checking offer has been improved to up to $600 bonus valid through 6/30/25.
- The up to $600 business bonus when opening a qualifying business checking account + business savings or business money market account has been extended through 6/30/25.
Banner Bank Bonuses Review
Banner Bank is headquartered in Walla Walla, Washington and was established in 1890. Since then they have grown 181 locations and boast an A+ health rating.
I’ll go over all Banner Bank Bank bonuses & offers below.
Banner Bank $600 Checking & Savings Bonus
- What you’ll get: $100, $200, $500 or $600 bonus
- Eligible account: Checking & Savings Account
- Where it’s available: CA, ID, OR, WA (Bank Locator)
- Credit Inquiry: Soft Pull
- Direct Deposit Required:
- Monthly Fee: $4-$12; waivable
- How to earn it:
- For a limited time you can get $100, $200, $500 or $600~ when you open a new account and meet all deposit and minimum balance requirements for 90 days.
- To receive the $500 checking bonus:
- 1) Open any new Banner Bank personal checking account; AND
- 2a) Complete at least $1,000 of direct deposits into that account; AND
- 2b) Have a minimum daily balance of $25,000 or more within 30 days of account opening and maintain for 90 days.
- To receive the $100 checking bonus:
- 1) Open any new Banner Bank personal checking account; AND
- 2a) Complete at least $1,000 of direct deposits into that account; AND
- 2b) Have a minimum daily balance of $1,000 or more within 30 days of account opening and maintain for 90 days.
- To receive the $100 savings bonus:
- 1) Open a Banner Bank personal savings or money market account; AND
- 2) Deposit a total of $1,000 or more in new money (not held at Banner Bank) within 30 days of account opening; AND
- 3) Maintain a minimum daily balance of $1,000 or more for 90 days; AND
- 4) Set up monthly recurring auto transfers of $25 or more from your Banner Bank checking account to your Banner Bank savings or money market account.
- After you have met the above requirements and the account has been open for 90 days, we’ll deposit the bonus into your new account within 30 days.
(Expires 06/30/2025)
Editor’s Note: Here’s an alternative link to the offer.
| Chase Total Checking ($300 Bonus) | KeyBank Checking ($300 bonus) |
| Bank of America Checking ($300 Bonus Offer) | SoFi Checking & Savings Account ($325 bonus) |
Fine Print
- To receive the personal offer, you must open your account online at bannerbank.com or at a Banner Bank branch and use the promo code at account opening that was provided to you by Banner Bank. Offer is not available to those whose accounts have been closed within the last 2 years. You may only receive one new account opening-related bonus every two years on a consumer checking, savings or money market account. To qualify for the checking offer, you must not already have a personal checking account with Banner Bank. To qualify for the savings or money market offer, you must not already have a personal savings or money market account with Banner Bank. Offer is subject to change without notice and may not be combined with any other offer. Must meet standard account opening requirements. Offer available to residents of OR, WA, CA or ID only.
- To receive the $500 checking bonus: 1) Open any new Banner Bank personal checking account; AND 2a) Complete at least $1,000 of direct deposits into that account; AND 2b) Have a minimum daily balance of $25,000 or more within 30 days of account opening and maintain for 90 days.
- To receive the $100 checking bonus: 1) Open any new Banner Bank personal checking account; AND 2a) Complete at least $1,000 of direct deposits into that account; AND 2b) Have a minimum daily balance of $1,000 or more within 30 days of account opening and maintain for 90 days.
- To receive the $100 savings bonus: 1) Open a Banner Bank personal savings or money market account; AND 2) Deposit a total of $1,000 or more in new money (not held at Banner Bank) within 30 days of account opening; AND 3) Maintain a minimum daily balance of $1,000 or more for 90 days; AND 4) Set up monthly recurring auto transfers of $25 or more from your Banner Bank checking account to your Banner Bank savings or money market account.
- Your direct deposit needs to be an electronic deposit of your paycheck, pension or government benefits (such as Social Security) from your employer or the government. Person to Person payments or mobile check deposits are not considered a direct deposit. Micro-deposits do not qualify as a direct deposit for the bonus. Micro-deposits are small deposits, typically less than $1, that are sent to your account to verify it is the correct account. Deposits are subject to verification and not available for immediate withdrawal.
- After you have met the above requirements and the account has been open for 90 days, we’ll deposit the bonus into your new account within 30 days. Banner Bank will monitor the balances maintained in your account during the qualification period to determine bonus amount paid, if applicable. Account must be in an open status and in good standing at the time of payout.
- Minimum opening balance of $25 for Banner’s Digital Account; $50 for Connected Checking, Rewards Checking and Banner’s Best Checking. Minimum opening balance of $25 for Connected Savings; $100 for Money Market Savings and Banner’s Best Savings; $25,000 for High Yield Savings and must be new money to Banner Bank.
- Fees: Service fees may apply based on the account(s) you select. For a schedule of fees and deposit account agreements, please visit our Terms and Tips page.
- IRS Form 1099-INT or 1042-S: Bonus is considered interest and will be reported on IRS Form 1099-INT (or Form 1042-S, if applicable). Please consult your tax advisers concerning the reporting to Internal Revenue Service of bonus payments as interest on accounts. Offer expires 6/30/2025.
Banner Bank $600 Business Checking & Savings Bonus
Banner Bank is offering a $300 or $600 bonus when you open a new qualifying business checking & savings account.
- What you’ll get: Up to $600 bonus
- Eligible account: Business Checking & Savings Account
- Where it’s available: CA, ID, OR, WA (Bank Locator)
- Credit Inquiry: Soft Pull
- Direct Deposit Required:
- Monthly Fee: $0-$75; waivable
- How to earn it:
- For a limited time, you can receive $100, $200, $500 or $600 by opening new business accounts and meeting all deposit and minimum balance requirements for 90 days with offer code 2025DP.
- To receive the $500 business checking bonus:
- 1) Open a new Banner Bank Basic Business Checking, Complete Business Checking (with or without interest) or Complete Plus Business Checking account, which has a minimum opening deposit of $100, AND;
- 2) Deposit a total of $25,000 or more in new money (not held at Banner Bank) into that account within 30 days of account opening; AND
- 3) Maintain at least a $25,000 minimum daily balance for an additional 90 days.
- To receive the $100 business checking bonus:
- 1) Open a new Banner Bank Basic Business Checking, Complete Business Checking (with or without interest) or Complete Plus Business Checking account, which has a minimum opening deposit of $100, AND;
- 2) Deposit a total of $1,000 or more in new money (not held at Banner Bank) into that account within 30 days of account opening; AND
- 3) Maintain at least a $1,000 minimum daily balance for an additional 90 days.
- To receive the $100 business savings bonus:
- 1) Open a new Banner Bank Business Savings, Business Money Market or Banner’s Best Business Savings account, which has a minimum opening deposit of $100, or a High Yield Relationship Savings account, which has a minimum opening deposit of $25,000 new money to Banner Bank, AND;
- 2) Deposit a total of $1,000 or more in new money(not held at Banner Bank) into that account within 30 days of account opening; AND
- 3) Maintain at least a $1,000 minimum daily balance for an additional 90 days.
- After you have met the above requirements and the account has been open for 90 days, we’ll deposit the bonus into your new account within 30 days.
(Expires 06/30/2025)
| Chase Business Checking ($300 or $500 Bonus) | Axos Business Premium Savings ($375 Bonus) |
| Axos Bank Basic Business Checking ($400 Bonus) | Axos Bank Business Interest Checking ($400 Bonus) |
| Huntington Unlimited Plus Business Checking ($1,000 Bonus) | Huntington Unlimited Business Checking ($400 Bonus) |
| Bluevine Business Checking ($300 Bonus) | Bank of America Business Checking ($200 bonus offer) |
| U.S. Bank Business Checking ( $500 or $900 Bonus) | |
Fine Print
- To receive the offer, you must open your account online at bannerbank.com or at a Banner Bank branch and use the promo code at account opening that was provided to you by Banner Bank. Banner Bank is not responsible for, and will not honor, promotional offers that appear on non-Banner Bank websites or that are not authorized by Banner Bank. Standard account opening requirements apply. You may only receive one new account opening-related bonus per business entity with a unique tax ID on a business checking account every two years. To qualify for the checking offer, you must not already have a business checking account with Banner Bank. You may only receive one new account opening related bonus per business entity with a unique tax ID on a business savings or money market account every two years. To qualify for the savings offer, you must not already have a business savings or money market account with Banner Bank. Offer not available for local, state or Federal Government entities or agencies, Not for Profit organizations, Political Action Committees, or those with campaign accounts, or whose accounts have been closed within 90 days or closed with a negative balance within the last 3 years. Offer is available to businesses with addresses in OR, WA, CA or ID only. Offer is subject to change without notice and may not be combined with any other offer.
- To receive the $500 business checking bonus: 1) Open a new Banner Bank Basic Business Checking, Complete Business Checking (with or without interest) or Complete Plus Business Checking account, which has a minimum opening deposit of $100, AND; 2) Deposit a total of $25,000 or more in new money (not held at Banner Bank) into that account within 30 days of account opening; AND 3) Maintain at least a $25,000 minimum daily balance for an additional 90 days.
- To receive the $100 business checking bonus: 1) Open a new Banner Bank Basic Business Checking, Complete Business Checking (with or without interest) or Complete Plus Business Checking account, which has a minimum opening deposit of $100, AND; 2) Deposit a total of $1,000 or more in new money (not held at Banner Bank) into that account within 30 days of account opening; AND 3) Maintain at least a $1,000 minimum daily balance for an additional 90 days.
- To receive the $100 business savings bonus: 1) Open a new Banner Bank Business Savings, Business Money Market or Banner’s Best Business Savings account, which has a minimum opening deposit of $100, or a High Yield Relationship Savings account, which has a minimum opening deposit of $25,000 new money to Banner Bank, AND; 2) Deposit a total of $1,000 or more in new money(not held at Banner Bank) into that account within 30 days of account opening; AND 3) Maintain at least a $1,000 minimum daily balance for an additional 90 days.
- After you have met the above requirements and the account has been open for 90 days, we’ll deposit the bonus into your new account within 30 days. Banner Bank will monitor the balances maintained in your account during the qualification period to determine bonus amount paid, if applicable. Account must be in an open status and in good standing at the time of payout.
Deposits are subject to verification and not available for immediate withdrawal. Deposit limits and other restrictions apply. - Fees: Service fees may apply based on the account(s) you select. For a schedule of fees and deposit account agreements, please visit our terms and tips page.
- IRS Form 1099-INT or 1042-S: Bonus is considered interest and will be reported on IRS Form 1099-INT (or Form 1042-S, if applicable). Please consult your tax advisers concerning the reporting to Internal Revenue Service of bonus payments as interest on accounts. Offer expires 6/30/2025.
How To Waive Monthly Fees
- Connected Checking: $4 monthly fee, waived if maintained minimum daily balance of $500 or $500 or more in direct deposits per monthly statement or account holder is aged 24 or younger
- Rewards Checking: $6 monthly fee
- Banner’s Best Checking: $12 monthly fee, waived if maintained minimum daily balance of $5,000 or Average daily balance of $10,000 or Average daily combined checking/savings relationship deposit balance of $25,000
- Connected Savings: $3 monthly fee, waived if $100 minimum daily balance, or primary account owner is under 25 years of age, or set up automatic monthly transfer of at least $25 from your Banner Bank checking account
- Money Market Savings: $10 monthly fee, waived if maintained $1,000 minimum daily balance
- Banner’s Best Savings: $10 monthly fee, waived if maintained $5,000 minimum daily balance
- Basic Business Checking: None
- Complete Business Checking: $4 monthly fee, waived if $5,000 minimum daily balance or Average $20,000 daily checking/savings relationship deposit balance
- Complete Plus Business Checking: $75 monthly fee, waived if maintained $75,000 minimum daily balance
- Business Savings: $5 monthly fee, waived if maintained $500 minimum daily balance
- Business Money Market: $10 monthly fee, waived if $2,500 minimum daily balance
- Banner’s Best Business Savings: $10 monthly fee, waived if $5,000 minimum daily balance
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Conclusion
Consequently, make sure to check out Banner Bank to learn more about the current offers! Furthermore, this bonus is fairly straightforward and easy to earn, so take advantage if it interests you!
Additionally, Banner Bank CD rates are fairly competitive compared to traditional banks. However, its hard to compete with online banks, so check our best rates Savings, Money Market, and CD accounts.
Furthermore, use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
Check back often for more Banner Bank Bonuses, Promotions, or Offers!
