Learn how Jaspreet Singh, a self-made millionaire, sets up his bank accounts to grow wealth faster — and how you can too.

Before you set up an automatic bank transfer, make sure you know which accounts you're working with. You’ll need a source account to withdraw money from and a destination account to deposit it into.

For checking accounts specifically, these bonuses can be at least $100. Qualifying is usually easy: New account holders typically just need to make a minimum deposit or set up direct deposit.