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A checking account bonus with direct deposit is an enticing offer from banks to attract new customers. Typically, these bonuses reward account holders with a cash incentive after they set up a direct deposit, such as a paycheck or government benefit, into their new account. To qualify, customers often need to meet specific criteria, like maintaining a minimum balance or completing a certain number of transactions within a designated timeframe. This promotion not only provides immediate financial benefits but also encourages customers to establish a long-term banking relationship.

Terms & Conditions Megabonaza: Not available in AL, GA, ID, KY, MT, NV, LA, MI, WA, DE, NJ, CT, OH, PA. Void where prohibited by law. Must be 18 or older. Additional terms and conditions apply.