7 Banks That Pay You to Save

Bank of America 'Keep The Change' Program


Bank of America offers its customers an interesting way to maximize their savings accounts, while actually forking out money of their own in the process.

Enroll in the "Keep the Change" program and every time you spend money using your debit card, Bank of America will round up the difference and place that into your account.

For instance, if you spend a total of $10.65 Bank of America will round up the total and charge you $11, with the difference of 35 cents being placed into your savings.

In addition to helping you save money, the bank will also match every cent you put into your account for the first three months.

S.T.A.R.T. from U.S. Bank


Open a S.T.A.R.T. (savings today and rewarding tomorrow) savings account with U.S. Bank and get a $50 bank rewards visa card when you save a total of $1,000 or more in your account.

If you can manage to keep a minimum of $1,000 for a year, you will earn another $50 rewards card.

Citi ThankYou Program


Establish and maintain a good banking relationship with Citibank, and you could earn points to use towards gift cards, travel, cash, and much more.

To earn points, you must enroll in the ThankYou Rewards program. All you need to do is set up one qualifying direct deposit, as well as complete one qualifying bill payment and you can start earning points. Once enrolled, you will collect points as you start to spend money.

Capital One 360 Checking


Want to open up a simple checking account and earn a little money in the process without much work?

Open a Capital One 360 checking account and you can earn $50 after only completing three debit card purchases, or Person2Person payments. Do this within 45 days of opening your account and the $50 gift card will be yours.

Santander Extra 20 Checking


Get paid up to an extra $20 a month from Santander just for receiving direct deposits and paying your bills online. The extra20 checking program from the bank allows you to get $10 credited to your account when you receive a minimum of $1,500 a month from direct deposits.

Additionally, making two bill payments through the BillPay tab will allow you to receive an additional $10 of credit back to your account every month. You can earn a total of $240 every year simply by setting up direct deposit and paying your bills online!

AAdvantage Program from BankDirect

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Frequent flyers can earn a considerable amount of money by opening a BankDirect mileage checking account.

You can receive:

  • 1,000 miles for opening the account.
  • If you link direct deposit to your account you'll receive an additional 5,000 miles.
  • Earn another 2,000 miles by using bill pay service from BankDirect from one year.
  • Get a friend to open an account and you will receive 1,000 miles for your referral.

There are actually a lot more ways to earn miles though this unique program. Refer to their website for additional details.

Citizens Bank CollegeSaver Savings


Parents planning to save for their child's education should look into the Citizens Bank CollegeSaver account.

As long as you open this account before your child's 12th birthday, you are eligible to receive $1,000 to use towards their education.

In order to receive the money, you must deposit a minimum of $25 every month into the account if your child is six or younger, and $50 when they are seven or older. Citizens Bank pays you for saving for your child's future.