Banner Bank
Banner Bank Personal Savings $250 – $400 Bonus
Banner Bank pays you $250 for a new personal savings/money market account with $5,000 in new money, or $400 for a High Yield Relationship Savings account (paired with a checking account) with $25,000 in new money, in OR, WA, CA, or ID.
- Bonus range
- $250 – $400
- Expires
- Oct 31, 2026
- Time to complete
- ~150 days
- Bonus deposited in
- ~180 days
- Difficulty
- Medium
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Requirements
Last verified: Oct 2, 2026
$250 Tier
Open a savings account
Open a new Banner Bank personal savings, money market, or High Yield Relationship Savings account online or at a branch with promo code 2026EM.
Deposit $5,000 in new money within 60 days
Deposit at least $5,000 in new money (not currently held at Banner Bank) into the new savings or money market account within 60 days of opening.
Maintain $5,000 balance for an additional 90 days
Maintain a minimum balance of $5,000 for 90 days after the deposit window.
$400 Tier
Open a savings account
Open a new Banner Bank personal savings, money market, or High Yield Relationship Savings account online or at a branch with promo code 2026EM.
Open or maintain a Banner Bank checking account
Open or maintain a Banner Bank personal checking account alongside the High Yield Relationship Savings account.
Deposit $25,000 in new money within 60 days
Deposit at least $25,000 in new money (not currently held at Banner Bank) into the High Yield Relationship Savings account within 60 days of opening.
Maintain $25,000 balance for an additional 90 days
Maintain a minimum balance of $25,000 for 90 days after the deposit window.
Paid within 30 days of meeting all offer criteria (after the 60-day deposit window plus the 90-day balance hold).
Account Details
Eligibility
Must not already have a personal savings or money market account with Banner Bank, and the account must not have been closed within the last 2 years.
- Limit one new-account-opening bonus every 2 years on a personal savings or money market account.
- Offer available to residents of OR, WA, CA, and ID only.
- The $400 tier requires opening or maintaining a Banner Bank checking account in addition to the High Yield Relationship Savings account.
Tips & Gotchas
- →Deposits must be new money not currently held at Banner Bank; internal transfers don't count.
- →Runs under the same code 2026EM as Banner's checking bonuses, and shares the checking bonus's 2-year rechurn limit on the savings/money-market side.
- →This is a moderate-effort offer given the $5,000 new-money requirement, unlike Banner's easier checking-only bonuses.
Can You Earn This Bonus Again?
Fine Print
To receive the $250 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. Offer not available to those whose accounts have been closed within the last 2 years; limit one new-account bonus every 2 years on a personal savings or money market account. Offer available to residents of OR, WA, CA and ID only. Bonus reported on IRS Form 1099-INT. Offer expires 10/31/2026.
Taxable income · Reported on 1099-INT
Related Articles
What is a high-yield savings account (HYSA)?
A savings account that pays a significantly higher interest rate than a standard savings account.
What is rechurning?
Opening an account at the same bank again after a waiting period to earn the bonus a second (or third) time.
What is a minimum balance?
The amount you must keep in an account to avoid fees or qualify for a bonus.
Also see: this month's best bank bonuses and community DD data points.
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