Getting free money from banks might sound too good to be true, but in 2025, it’s a real deal. Big banks like Chase, Capital One, Citibank, and E-Trade are offering bonus money to new customers. These offers come with a few simple conditions. If you follow them correctly, you can earn anywhere between ₹4,000 to ₹8 lakh just by opening a new bank or investment account.
Chase Bank is Giving ₹75,000 for New Accounts
Chase Bank has a special offer where you can earn up to $900 (around ₹75,000). To qualify, you must open both a Chase Total Checking and Chase Savings account.
You need to set up a direct deposit from your salary into the checking account within 90 days. Also, you must deposit at least ₹12.5 lakh (about $15,000) into the savings account within 30 days and keep that amount untouched for 90 days.
Once you do that, Chase will reward you with the full ₹75,000. But remember, this offer ends on July 16, 2025, so act fast.
Capital One is Offering ₹1.2 Lakh Bonus
Capital One is giving a huge bonus of $1,500 (about ₹1.2 lakh) for new customers who open a 360 Performance Savings Account.
You need to deposit ₹16.5 lakh (about $20,000) into the account within 15 days of opening it and keep the amount in the account for 90 days. After that, you will get the ₹1.2 lakh reward.
You must use the promo code “BONUS1500” while signing up on Capital One’s website.
Citibank’s Offer: ₹1.2 Lakh for High Deposits
Citibank also has a similar bonus of ₹1.2 lakh, but the requirements are a bit harder.
You must open a new checking account by July 7, 2025, and deposit at least ₹1.66 crore (around $200,000) within 20 days. You have to keep that amount in the account for 45 days. After that, Citibank will credit the bonus to your account within 30 days.
E-Trade Is Giving Up to ₹8 Lakh Bonus
E-Trade, part of Morgan Stanley, has the biggest bonus of them all — up to ₹8 lakh (about $10,000). This is for people who open a brokerage account and deposit at least ₹4.1 crore (around $5 million).
But even if you can’t deposit that much, you can still get smaller bonuses. For example, if you deposit just ₹83,000 (about $1,000), you can get a ₹4,000 bonus.
The more you deposit, the higher the bonus. You must open the account by July 31, 2025, and fund it within 60 days. Use the promo code “OFFER25” while applying.
Other Free Money Offers from Government Programs
Some Americans are also getting free money through special government programs. In one state, families are receiving ₹41,000 (about $500) every month for a full year. In another place, 80 households are getting ₹62,000 (about $750) monthly.
These payments are part of guaranteed income plans to help low-income families. These are separate from the bank offers but are worth noting if you qualify.
Many banks in 2025 are offering big cash bonuses to attract new customers. These offers are real and can be a great way to earn some extra money — if you follow all the steps correctly. Whether it’s ₹75,000 from Chase or up to ₹8 lakh from E-Trade, there’s something for everyone.
But these promotions won’t last forever, so check the deadlines and make sure to use any promo codes when required. It’s a good idea to read the fine print on the bank’s official website before signing up. This way, you can take full advantage of these great deals and earn some easy cash.