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A Direct Deposit Checking Account Bonus is an incentive offered by banks to encourage customers to set up direct deposit for their paychecks or government benefits. Typically, this bonus can range from $50 to $300, depending on the bank's promotion. To qualify, customers usually need to meet specific criteria, such as maintaining a minimum balance or completing a certain number of direct deposits within a specified timeframe. This bonus not only rewards customers for their loyalty but also streamlines their banking experience, making it easier to manage finances efficiently.
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