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Regardless of whether you are opening your very first checking account or you are simply relocating to a new area, there are some terrific checking account bonuses out there if you know how to look for them. Thanks to all of the different financial services that modern banks are able to offer to their customers, these institutions are more than happy to offer valuable checking account bonuses in order to keep a steady stream of new customs coming through their doors. Here is an inside look at what you need to know about some of the most common checking account bonuses, as well as a couple of the most outrageous.

The Top Checking Account Bonuses are for Cash

While there are a number of different types of checking account bonuses that are designed to get the attention of the public, the truth of the matter is that the most popular bonuses available reward new and existing customers with plain, hard cash. From nationwide banks like Bank of America and Wachovia to popular regional banks like M&T and Colonial Banks, nearly all of the most successful banks operating today are offering checking account bonuses for first time depositors that range from $125 to $250. Many of these banks also offer generous bonuses to existing customers who introduce new checking account customers to the bank's services.

Other Types of Checking Account Bonuses

In addition to all of the different types of monetary awards that banks are currently offering new customers in return for opening a checking account, many banks also offer some sort of gift designed lure younger customers up to the counter. Most of these gifts are based around digital items such as Computer Monitors, netbooks, iPods and GPS units, while gift cards to online storefronts like iTunes and Amazon are also highly sought after. Other banks prefer to offer their customers gifts that are designed to appeal specifically to locals, such as Metro cards in urban environments and rifles or smokers out in the country.

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