Banner Bank Promotions: $250, $500, $1000 Checking, Savings, Business Bonuses (CA, ID, OR, WA)

Check out the latest Banner Bank promotions, bonuses, and offers here.

Update 8/1/25:

• The checking offer has been improved to up to $600 bonus valid through 12/31/25.
• The up to $600 business bonus when opening a qualifying business checking account + business savings or business money market account has been extended through 12/31/25.

Banner Bank Promotions Review

More than 130 years ago, they started with core values that will never go out of style: listen, learn and help people and businesses reach their goals. Furthermore, Banner Bank is a dynamic full-service financial institution, operating safely and profitably within a framework of shared integrity.

I’ll go over Banner Bank offers below.

Banner Bank $1000 Checking & Savings Bonus

• What you’ll get: Up to $1000 bonus
• Availability: CA, ID, OR, WA (Branch Locator)
• Direct Deposit Requirement: Optional
• Credit Inquiry: Soft Pull
• Monthly Fees: None
• Early Termination Fee: None listed, check with CSR for more information
• How to earn it:
  • Receive a $250 or $500 bonus for each new personal account—or up to $1,000 when you open checking and savings accounts. To get your bonus, select and fund your account(s), then meet all deposit requirements. Open online or at a branch with code 2026DP.
  • To receive the $250 personal checking bonus:
    • Open any new Banner Bank personal checking account AND
    • complete at least $2,500 of direct deposits into that account within 60 days AND
    • maintain a minimum balance of $2,500 for 90 days.
  • To receive the $500 personal checking bonus:
    • Open any new Banner Bank personal checking account AND
    • complete at least $5,000 of direct deposits into that account within 60 days AND
    • maintain a minimum balance of $5,000 for 90 days.
  • To receive the $250 personal savings bonus:
    • Open any new Banner Bank personal savings or money market account AND
    • deposit a minimum of $5,000 of new money (not held at Banner Bank) into that account within 60 days AND
    • maintain a minimum balance of $5,000 for 90 days.
  • To receive the $500 personal High Yield Relationship Savings bonus:
    • Open a new Banner Bank personal High Yield Relationship Savings account AND
    • deposit a minimum of $25,000 of new money (not held at Banner Bank) into that account within 60 days AND
    • maintain a minimum balance of $25,000 for 90 days.
  • After you have met the above requirements, we’ll deposit the bonus into your new account within 30 days.

(Expires 03/31/2026)

Editor’s Note: Here’s an alternative link to the offer.

Fine Print

• To receive the personal checking or savings offers, you must open your account(s) online at bannerbank.com or at a Banner Bank branch and use the promotional 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 receive only one new account opening-related bonus every 2 years on a personal checking account and one new account opening-related bonus every 2 years on a personal savings or money market account. To qualify for the personal checking offer, you must not already have a personal checking account with Banner Bank. To qualify for the personal savings 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 and ID only.
• To receive the $250 personal checking bonus: Open any new Banner Bank personal checking account AND complete at least $2,500 of direct deposits into that account within 60 days AND maintain a minimum balance of $2,500 for 90 days.
• To receive the $500 personal checking bonus: Open any new Banner Bank personal checking account AND complete at least $5,000 of direct deposits into that account within 60 days AND maintain a minimum balance of $5,000 for 90 days.
• To receive the $250 personal savings bonus: Open any new Banner Bank personal savings or money market account AND deposit a minimum of $5,000 of new money (not held at Banner Bank) into that account within 60 days AND maintain a minimum balance of $5,000 for 90 days.
• To receive the $500 personal High Yield Relationship Savings bonus: Open a new Banner Bank personal High Yield Relationship Savings account AND deposit a minimum of $25,000 of new money (not held at Banner Bank) into that account within 60 days AND maintain a minimum balance of $25,000 for 90 days.
• 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, 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 Relationship Savings.
• 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 3/31/2026.

Banner Bank $1,000 Business Checking & Savings Bonus

• What you’ll get: Up to $1000 Bonus
• Availability: CA, ID, OR, WA (Branch Locator)
• Direct Deposit Requirement: No
• Credit Inquiry: Soft Pull
• Monthly Fees: $0-$75; waivable
• Early Termination Fee: None listed, check with CSR for more information
• How to earn it:
  • Receive a $250 or $500 bonus for each new business account—or $1,000 when you open checking and savings accounts. To get your bonus, select and fund your account(s), then meet all deposit requirements. Open at a branch with code 2026DP.
  • To receive the $250 checking bonus:
    • Open any new Banner Bank business checking account AND
    • deposit a minimum of $5,000 into that account within 60 days AND
    • maintain a minimum balance of $5,000 for 90 days.
  • To receive the $500 checking bonus:
    • Open any new Banner Bank business checking account AND
    • deposit a minimum of $10,000 into that account within 60 days AND
    • maintain a minimum balance of $10,000 for 90 days.
  • To receive the $250 savings bonus:
    • Open any new Banner Bank business savings or money market account AND
    • deposit a minimum of $5,000 of new money (not held at Banner Bank) into that account within 60 days AND
    • maintain a minimum balance of $5,000 for 90 days.
  • To receive the $500 High Yield Relationship Savings bonus:
    • Open a new Banner Bank business High Yield Relationship Savings account AND
    • deposit a minimum of $25,000 of new money (not held at Banner Bank) into that account within 60 days AND
    • maintain a minimum balance of $25,000 for 90 days.
  • After you have met the above requirements, we’ll deposit the bonus into your new account within 30 days.

(Expires 03/31/2026)

Fine Print

• To receive the business checking or savings offers, you must open your account(s) at a Banner Bank branch and use the promotional code 2026DP at account opening. Offer is not available to those whose accounts have been closed within the last 2 years. You may receive only one new account opening-related bonus every 2 years per business entity with a unique tax ID on a business checking account and one new account opening-related bonus every 2 years on a business savings or money market account.
• To qualify for the business checking offer, you must not already have a business checking account. To qualify for the business savings or money market account, you must not already have a business savings or money market account. 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 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 and ID only.
• To receive the $250 checking bonus: Open any new Banner Bank business checking account AND deposit a minimum of $5,000 into that account within 60 days AND maintain a minimum balance of $5,000 for 90 days.
• To receive the $500 checking bonus: Open any new Banner Bank business checking account AND deposit a minimum of $10,000 into that account within 60 days AND maintain a minimum balance of $10,000 for 90 days.
• To receive the $250 savings bonus: Open any new Banner Bank business savings or money market account AND deposit a minimum of $5,000 of new money (not held at Banner Bank) into that account within 60 days AND maintain a minimum balance of $5,000 for 90 days.
• To receive the $500 High Yield Relationship Savings bonus: Open a new Banner Bank business High Yield Relationship Savings account AND deposit a minimum of $25,000 of new money (not held at Banner Bank) into that account within 60 days AND maintain a minimum balance of $25,000 for 90 days.
• After you have met the above requirements, we’ll deposit the bonus into your new account within 30 days. Banner Bank will monitor the balances maintained in your new account(s) 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 3/31/2026.

How to Avoid 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

Author’s Verdict

If you live in one of the eligible states, be sure to check out this promotion for an easy way to earn some extra cash. However, be sure to find out if it triggers a hard or soft pull first and let us know in the comments below.

For more current offers, check out our bank bonuses page. Compare Banner Bank rates for CDs and Savings with our best rates for Savings  and CD accounts.

Be sure to check more popular bank promotions include Chase Bank, Bank of America, Citi, Discover Bank, CIT Bank, TD Bank, Huntington Bank, HSBC Bank, Wells Fargo and many more.