How often can you earn a bonus from one bank?
Updated
The rule lives in the eligibility terms
An offer for new customers needs a definition of new, and banks write it into the eligibility section of the offer terms. The rule usually has two parts: which accounts you must not have held, and for how long before you apply. Some banks add a cap on bonuses per customer or per business owner, whatever the account.
Ask for the terms before you open. Under Regulation DD, section 1030.4, a bank must give you its account disclosures before you open the account, including the bonus, when it pays and the balance and time it needs, and must give them again when you ask.
A few offers drop the new customer test. When we checked, Chase Private Client, E*TRADE Premium Savings, Live Oak savings and SoFi were open to existing customers under conditions of their own, set out on each offer page.
Waiting periods in the terms we read
The table sums up the repeat rules in the offers we list, as we read them on the banks' own pages on October 6, 2026. Each offer page has the full eligibility rule in its note.
| Bank and offer | The rule | Counted from |
|---|---|---|
| Chase checking and savings | One new checking bonus and one new savings bonus every two years; not for current customers | Your last offer enrollment |
| Chase business checking | One business checking offer per signer every two years | Your last offer enrollment |
| Chase Private Client | One new money bonus or savings rate offer in 12 months | Your last offer enrollment |
| Bank of America checking | Not if you owned or co-owned personal checking in the last 12 months | Your last account |
| Wells Fargo checking | Not if you received a consumer checking bonus in the last 12 months | Your last bonus |
| Wells Fargo business | One business checking bonus per business and per owner in 24 months | The last bonus |
| Capital One 360 Checking | Not if you had one of three checking accounts on or after January 1, 2024 | A fixed date |
| Capital One 360 Performance Savings | Not if you had one of five savings accounts on or after January 1, 2024 | A fixed date |
| Citibank Regular Checking | Not if you owned Regular or Access Checking in the last 365 days | Your last account |
| Huntington Perks Checking | Not for current checking customers or anyone who closed one in 12 months; may limit you to one bonus in any 24 months | Closing, and a rolling 24 months |
| U.S. Bank Smartly Checking | Not if any owner had consumer checking or a checking bonus in the last 12 months | Your last account or bonus |
| Santander checking | Not if any owner had Santander checking in the last 12 months | Your last account |
| Truist One Checking | Not if you closed personal checking on or after July 14, 2025 | A fixed date |
| Associated Bank checking | Not if you received a checking bonus in 24 months and had checking in 12 months | Both, together |
| E*TRADE Premium Savings | Two bonuses per customer over a lifetime, one at a time | A lifetime count |
| HSBC Premier Checking | Only with no current or past HSBC account in the US | Once |
| Barclays Tiered Savings | Not for current or former Barclays savings or CD customers | Once |
| SoFi Checking and Savings | Only if you have never set up direct deposit with SoFi | Once |
How the clock runs
The rules use different starting points, and they lead to different dates.
- From your last account. The wait starts when you close the old account. Keep it open for a year and the clock has not started.
- From your last bonus or enrollment. The wait starts when you last enrolled in an offer or received a bonus, open account or not. Chase counts from the last enrollment and also excludes current customers.
- A fixed date. Capital One and Truist name a calendar date. Anyone with an account since that date is excluded until a later offer moves the date.
- Once. HSBC, Barclays and SoFi limit the bonus to customers with no history of the kind they name, and E*TRADE caps it at two over a lifetime.
Many rules also exclude current customers, so the clock matters only once the old account is closed. A bank can change the rule in its next offer, so read it again each time.
Find your own date
- Note four dates for each bank: account opened, offer enrolled, bonus paid and account closed. Statements and the closing confirmation have them.
- Read the eligibility rule of the offer you want now. The wait in a new offer can differ from the last one.
- Count from the date the rule names, and add a few days of margin for the way the bank counts.
- Check the other people on the account. Several rules apply to any owner or signer, so a joint owner's history can count against the application.
One bank, two offers at once
Offers from one bank can also exclude each other at the same time. Capital One lets an account take one code, so its two 360 Checking offers are one or the other. U.S. Bank and Huntington each split one business promotion across two accounts and pay one bonus per business. On Bonus Tally those offers carry a note that they cannot be combined, and the calculator counts each such group once in its summary.
Where Bonus Tally helps
In the calculator, name the banks you already use and their offers leave your results. The offer pages say whether an offer is for new customers only, and each note gives the bank's repeat rule in our words. Bonus Tally does not know your history with a bank. Each bank decides who qualifies and whether to open an account. These figures are estimates from published terms.