Bank Promotions Without Direct Deposit (May 2024)

You’re looking around for a new checking account and think you’ve found the perfect one. It has all the features you need, including a $300 cash bonus just for signing up. But there’s one caveat — you can only get the bonus if you enroll in monthly direct deposits, which your employer doesn’t offer. Queue bank promotions without direct deposit requirements!

Most bank bonuses have a few qualifying requirements. For example, you may have to maintain a minimum balance requirement or average daily balance. You may also have to satisfy a minimum deposit threshold upon account opening.

Many banks also require that you link direct deposit to your account to get the sign-up bonus, which can be problematic if you work for a company that doesn’t support it.

Maybe you’re between jobs, are self-employed, or your employer pays you by check or in cash. These are all valid reasons why you might not be able to set up direct deposits with your bank.

Keep in mind that some of these accounts are available nationwide, while others might only be offered in the states in which the bank operates physical branches.

Best Bank Bonuses Without Direct Deposit Requirements – May 2024

Here are the 25 current best bank bonuses that don’t require a direct deposit:

  1. J.P. Morgan: up to $700 bonus
  2. Chase: $300 bonus
  3. Live Oak: $300 bonus
  4. U.S. Bank: up to $800 bonus
  5. Discover: up to $360 bonus
  6. Upgrade: $200 bonus
  7. NorthOne: $30 bonus
  8. Found: $20 bonus
  9. Acorns: $1000 bonus
  10. Axos: up to $400 bonus
  11. Bank of America: $200 bonus
  12. Baselane: $150 bonus
  13. Revolut: $10 bonus
  14. America's Christian Credit Union: $100 bonus
  15. Altra: $150 bonus
  16. Bask Bank: 10,000 bonus miles
  17. E*TRADE Bank: up to $4000 bonus
  18. Huntington: $400 bonus
  19. Wells Fargo: $525 bonus
  20. Truist: $400 bonus
  21. M&T: up to $1500 bonus
  22. S&T Bank: up to $900 bonus
  23. PNC: $200 bonus
  24. Ent Credit Union: $200 bonus
  25. Middlesex Savings Bank: $200 bonus

Self-Directed Investing Logo1. J.P. Morgan Wealth Management

Available nationwide with the ability to open online, J.P. Morgan Wealth Management is offering up to a $700 welcome bonus when you open a new Self-Directed Investing account with qualifying minimum funding.

This is tiered bonus, meaning that the more you deposit, the more you may be eligible to earn. New for this iteration, J.P. Morgan has introduced a lower tier at $5,000, down from the previous $25,000 entry point and raised the max bonus amount!

Here are all 4 tiers of this investing bonus:

New Money Added Bonus Amount
$5,000-$24,999 $50
$25,000-$99,999 $150
$100,000-$249,999 $325
$250,000+ $700

This is the highest offer that we've seen to-date from J.P. Morgan.

Self-Directed Investing - up to $700 bonus

Expires: July 19, 2024

The Self-Directed Investing signup offer requires you to deposit and maintain a minimum balance in order to earn the $700 bonus. Full requirements to receive this bonus are:

  1. Open a J.P. Morgan Self-Directed Investing account using the link below.
  2. Within 45 days, fund your account with qualifying new money; $5,000 - $24,999 = $50 bonus; $25,000 - $99,999 = $150 bonus; $100,000 - $249,999 = $325 bonus, $250,000 = $700 bonus.
  3. Your bonus amount will be determined on day 45.
  4. Maintain your new funds for 90 days (losses due to trading or market fluctuation will not be taken into account).
  5. Bonus will be received within 15 days.
  6. INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE

read the full terms

Chase Business Complete Checking® Logo2. Chase Bank

Chase Bank is offering business owners a $300 bonus to open a new Chase Business Complete Checking® account.

The requirements are pretty easy to meet: deposit new money at least $2,000 and maintain it for 2 months, and complete just 5 qualifying transactions in the next 3 months. Several activities count as "qualifying transactions", including purchases on your debit card, deposits into the account, setting up a bill payment, and more. See the fine print for the full list, but needless to say, meeting that requirement should be painless.

What's especially awesome about this bonus compared to other business checking account offers is that Chase recently launched the ability for customers to open an account online. Compared to the vast majority of business checking accounts which require you to visit your local branch, opening an account at Chase is significantly more convenient.

If you prefer live help, however, you can still enroll in this offer by entering your email address on the bonus landing page to have an offer code sent to you. Just be sure to take that code with you when you visit a branch.

Chase Business Complete Checking® - $300 bonus

Expires: July 22, 2024

The Chase Business Complete Checking® signup offer requires you to deposit and maintain a minimum balance, and optionally, make purchases using the account's card in order to earn the $300 bonus. Full requirements to receive this bonus are:

  1. Obtain a Chase business coupon using the link below and open a new Chase Business Complete Checking® account.
  2. Within 30 days, deposit at least $2,000 in new money into the account.
  3. Maintain that balance for at least 60 days from offer enrollment.
  4. Within 90 days of account opening, complete 5 qualifying transactions: debit card purchases, Chase QuickAccept℠ deposits, Chase QuickDeposit℠, ACH credits, wires (credits and debits), and/or bill pay.
  5. Bonus will be credited to your account within 15 days of meeting the requirements.

read the full terms

Live Oak Bank Logo3. Live Oak Bank

Available nationwide, Live Oak is offering a $300 welcome bonus when you open a new business savings account and maintain a minimum deposit. It's been a little while since we've seen a savings bonus from Live Oak, so now might be a good time to jump on this.

The bonus amount remains the same, but the deposit requirements are lower. With that said, it's still a solid offer and easy to earn if you have the available cash. Keep in mind this bonus is in addition to their ultra-competitive high interest rates.

What's more? This bonus is also available to existing customers and you'll need to meet certain conditions which can be found on the Live Oak Website.

Live Oak business savings - $300 bonus

Expires: June 13, 2024

The Live Oak business savings signup offer requires you to deposit and maintain a minimum balance in order to earn the $300 bonus. Full requirements to receive this bonus are:

  1. Open a new Live Oak Bank business savings account.
  2. By 06/13/2024, deposit at least $30,000 into your new business savings account.
  3. For the next 90 days, maintain a balance $30,000 or more and watch your business savings grow with 4.00% APY
  4. Bonus will be deposited to your open, eligible account within 45 days of the 90-day activity period ending.

read the full terms

U.S. Bank Logo4. U.S. Bank

U.S. Bank is offering up to a $800 welcome bonus when you open and fund a new, eligible business checking account. This is a tiered bonus where you can earn more if you're able to deposit more. To earn the full $800 just deposit $25,000 in new money and maintain that balance for at least 60 days.

This offer is similar to the last time it was offered, and rewards businesses with higher balances, so now might be a great time to jump on it if you've been considering U.S. Bank for your business banking needs.

Business Checking - up to $800 bonus

Expires: August 30, 2024

The Business Checking signup offer requires you to deposit and maintain a minimum balance, and optionally, make purchases using the account's card and set up bill pay in order to earn the $800 bonus. Full requirements to receive this bonus are:

  1. Open a new Silver, Gold or Platinum Business Checking Package from U.S. Bank online with the promo code Q2AFL24 and complete qualifying activities. Member FDIC.
  2. To earn $400 bonus: Deposit $5,000 in new money within 30 days of account opening and maintain for 60 days after account opening.
  3. To earn $800 bonus: Deposit $25,000 in new money within 30 days of account opening and maintain for 60 days after account opening.
  4. Subject to certain terms and limitations. Offer valid through August 30, 2024

read the full terms

Discover Bank Logo5. Discover Bank

Discover® Bank, member FDIC, has a cool twist on the old-fashioned debit card: cash back rewards. Open an account online, and they'll give you 1% cash back on up to $3,000 in debit card purchases each month, for up to $360 each year as a bonus to your normal spending. See website for details.

Discover® Cashback Checking - up to $360 bonus

Expires: Limited Time

The Discover® Cashback Checking signup offer requires you to make purchases using the account's card in order to earn the $360 bonus. Full requirements to receive this bonus are:

  1. Open a new Discover® Cashback Checking account using the link below.
  2. Use your debit card to earn cashback – up to $30 can be earned per month (see website for details).
  3. Bonus cash will be deposited into your account each month.

read the full terms

Upgrade Logo6. Upgrade

Upgrade is offering a $200 welcome bonus when you open a new Rewards Checking Plus account and make 3 debit card transactions.

To qualify for this promotion, you'll first need to sign up for any Upgrade Card (for example, the Triple Cash Card), which is a blend of a credit card / line of credit. Then, you'll need to open a free Rewards Checking Plus account. Finally, you'll need to make just 3 purchases using your new debit card.

What's more? If you choose The Triple Cash Rewards Visa card you'll earn 3% on purchases in Home, Auto, and Health categories and 1% on all other purchases. There are no annual fees and no late fees.

All in all, this is an easy bonus to earn.

Overall, it's rare to find a cash offer this high that does not require a direct deposit, minimum balance, or a monthly fee. Check it out!

Rewards Checking Plus - $200 bonus

Expires: Limited Time

The Rewards Checking Plus signup offer requires you to make purchases using the account's card in order to earn the $200 bonus. Full requirements to receive this bonus are:

  1. Apply for any Upgrade Card (including The Triple Cash Rewards Card which is linked below).
  2. Within 60 days, open and fund a new Rewards Checking Plus account.
  3. Within the same 60 days, make 3 purchases using your debit card.
  4. The bonus will be applied to your Rewards Checking Plus account as a one-time payout credit within 60 days after meeting the conditions.

read the full terms

NorthOne Logo7. NorthOne

Like other neobanks, NorthOne seeks to leverage tech to disrupt the business banking status quo. While most business accounts from the big-brand banks have transaction limits that force you to upgrade to premium accounts as your company grows (read: higher monthly fees), NorthOne charges a flat $10 per month and then no additional fees for ACH payments, deposits, transfers, purchases, or app integrations.

Currently, they're running a business checking account promotion exclusive to BankBonus.com readers: 3-months FREE to try their Business Banking account.

There's no catch and no additional requirements – just sign up using our link, fund your account with any amount and your first two monthly fees will be waived.

Business Banking - $30 bonus

Expires: Limited Time

The Business Banking signup offer requires you to complete the following in order to earn the $30 bonus. Full requirements to receive this bonus are:

  1. Sign up using our link below.
  2. Fund your account with any amount.
  3. Your first three monthly fees will be waived.

read the full terms

Found Logo8. Found

Found is a relatively new business banking fintech that's offering a lot for free to small businesses.

There are no required monthly fees, no minimum balance requirements, easily connect apps like Quickbooks and Stripe, unlimited transactions, free built-in expense tracking and tax tools, free ACH transfers and more. Should you require more advanced features like photo receipt capture, you can opt in to their paid subscription service called Found Plus.

On top of that, they're offering new customers $20 when you complete some minor spend requirements. This isn't a large bonus, but it's a very intuitive business fintech for small businesses to manage their activities and spending.

Note: you won't see mention of the $20 bonus on their website until after you setup your Found account.

Business Banking - $20 bonus

Expires: Limited Time

The Business Banking signup offer requires you to make purchases using the account's card in order to earn the $20 bonus. Full requirements to receive this bonus are:

  1. Open a new Found account using the link below.
  2. Within 30 days, complete $100 in spend with your new Found business debit Mastercard®.

read the full terms

Acorns Logo9. Acorns

Every week, Acorns reintroduces its referral bonus, which gives you cash for referring friends to the FinTech. This week, Acorns is offering a $1000 bonus when you refer 4 friends who open a new Invest account and make their first investment. It's not a bad "average reward per person" deal considering Acorns' recent previous deals, and super easy if you know people.

You don't need to already have an Acorns account to qualify, either.

Just sign up for one using the link below, make an initial deposit of at least $5, and you'll have instant access to your unique referral link, which you can then pass along to your friends. In your account, you'll be able to see the number of pending and successful referrals so that you can keep track of your progress to the bonus.

This offer will also automatically stack with their regular $20 bonus offered to BankBonus.com users, for additional earnings.

Acorns Invest [Referral Program] - $1000 bonus

Expires: May 18, 2024

The Acorns Invest [Referral Program] signup offer requires you to complete the following in order to earn the $1000 bonus. Full requirements to receive this bonus are:

  1. If you do not already have an Acorns Invest account, create one using the link below and make an initial deposit of at least $5 and earn a $20 bonus.
  2. Refer 4 friends using your personal referral link during the promo period, and ensure they make their first investment by June 1, 2024.
  3. Referees must maintain their account in good standing for at least 30 days from the last day of the Qualification Period.
  4. Bonus(es) will be deposited within 30 days of promotional period ending.

read the full terms

Axos Bank Logo10. Axos Bank

Available nationwide with the ability to open online, Axos is offering a $400 welcome bonus when you open a new Basic Business checking account and maintain a minimum balance. You'll also need to use your debit card to qualify. This is double their previous offer (and quadruple one before that!) so now might be a good time to jump on it.

Wanna get an interest-bearing account instead? They're also running this promotion on their Business Interest Checking account.

Basic Business Checking - up to $400 bonus

Expires: June 30, 2024

The Basic Business Checking signup offer requires you to deposit and maintain a minimum balance, make purchases using the account's card and set up bill pay in order to earn the $400 bonus. Full requirements to receive this bonus are:

  1. Open a new Basic Business Checking account from Axos Bank with promo code NEW400.
  2. During the first 5 statement cycles, earn $75 for each statement cycle the average daily balance is $25,000 - $49,999.99, up to $300 total OR earn $100 for each statement cycle the average daily balance is at least $50,000, up to $400 total.
  3. In addition, you'll need to complete 10 purchases of at least $3 with your Small Business Checking Visa® Debit Card and have BillPay setup on your account.
  4. Bonus will be deposited into your new account within 10 business days of your statement cycle date.

read the full terms

Bank of America Logo11. Bank of America

If you're a business owner in the market for a new checking account, be sure to check out this offer from Bank of America.

They're offering a $200 cash bonus when you open a new Bank of America® Business Advantage Banking account and maintain qualifying deposits. See offers page more details.

To qualify, you can choose between the Bank of America Business Advantage Relationship Banking or Business Advantage Fundamentals™ Banking accounts. Both have monthly fees that can be waived if minimum deposits amounts are met. See below for more details.. Then, you'll just need to deposit $5,000 into your new account. Pretty simple!

Bank of America® Business Advantage Banking - $200 bonus

Expires: June 30, 2024

The Bank of America® Business Advantage Banking signup offer requires you to deposit and maintain a minimum balance in order to earn the $200 bonus. Full requirements to receive this bonus are:

  1. Open a new Bank of America® Business Advantage Banking account.
  2. Within 30 days, make qualifying deposits of $5,000 or more in new money.
  3. For the next 60 days, maintain an average balance of $5,000.
  4. Bonus will be deposited directly into your Business Advantage Banking account within 60 days from the end of your qualifying period.

read the full terms

Baselane Logo12. Baselane

Available nationwide, Baselane is a banking platform for landlords to help them manage rent collection, taxes, banking, insurance and more! Through June, Baselane is offering a $150 welcome bonus when you open a new account and collect at least 2 rent payments. There's also a minimum deposit requirement, but it's small.

Baselane Banking - $150 bonus

Expires: Limited Time

The Baselane Banking signup offer requires you to deposit and maintain a minimum balance in order to earn the $150 bonus. Full requirements to receive this bonus are:

  1. Open a new Baselane account using the link below.
  2. Within 30 days, deposit at least $500 into a Baselane banking account and maintain that average balance for 60 days.
  3. Within 90 days, complete at least $1,500 of mortgage payments from your Baselane Banking account.
  4. Finally, within 90 days, collect at least $1,500 of rent payments using Baselane’s Rent Collection tool.
  5. Bonus will be deposited into your Baselane banking account within 30 days

read the full terms

Revolut Logo13. Revolut

Revolut is offering $10 when you open any new Revolut account and complete a transaction with your card. That's it! This is a limited time offer when you sign up through BankBonus.com so you must act fast!

What's more? Select customers may be offered an opportunity to earn 1% back on purchases, up to $70 a week for the first 90 days! On top of that, once you signup you'll be eligible to refer friends. Recent referral promotions have gone as high as $100 each!

Standard Account - $10 bonus

Expires: Limited Time

The Standard Account signup offer requires you to make purchases using the account's card in order to earn the $10 bonus. Full requirements to receive this bonus are:

  1. Open a new Revolut account using the link below.
  2. Once you have provided your phone number, you will be directed to the sign up flow for a Revolut Personal account.
  3. Before the end of the Limited Time Promotion Period, make one (1) qualifying transaction of at least $1.00 using your Revolut physical or virtual card.

read the full terms

14. America's Christian Credit Union

Available nationwide with the ability to open online, America's Christian Credit Union is offering a $100 welcome bonus when you open a new personal checking account and regular/share savings account. Previous versions of this offer did not require the savings account add-on. The minimum deposit amount is considerably higher.

Checking + Savings - $100 bonus

Expires: May 31, 2024

The Checking + Savings signup offer requires you to deposit and maintain a minimum balance in order to earn the $100 bonus. Full requirements to receive this bonus are:

  1. Open a new Basic Checking or Secure Checking account using promo code "SWITCH" with a debit card.
  2. Make a minimum deposit of $500.
  3. Open a new consumer savings account using promo code "SWITCH" and deposit a minimum of $1,000.
  4. Both checking and savings accounts must be in good standing for a minimum of 90 days.
  5. Funds deposited into the savings account must be on deposit for a minimum of 90 days.
  6. Bonus will be credited to the checking account within 140 days of account opening if the above criteria are met.

read the full terms

Altra Federal Credit Union Logo15. Altra Federal Credit Union

If you are a Rochester Public School District Employee or immediate family member w/employee badge or student and aren't already a member, check out this super easy bonus. Using the promo code provided, open a new A+ Checking or A+ Platinum Checking, then make 10 purchases using your new debit card. That's it!

Personal Checking - $150 bonus

Expires: May 31, 2024

The Personal Checking signup offer requires you to make purchases using the account's card in order to earn the $150 bonus. Full requirements to receive this bonus are:

  1. Open a new A+ Checking or A+ Platinum Checking using the promo code RPSD_A+150.
  2. Within 30 days, make ten debit card purchases.
  3. Bonus will be deposited into your new checking account within 30 business days of meeting the requirements.

read the full terms

Bask Bank Logo16. Bask Bank

Bask Bank is offering new account holders an additional 10,000 American Airlines AAdvantage® miles – on top of what the Bask Mileage Savings account already accrues. They've upped the offer quite a bit (from 5,000 bonus miles), but also upped the minimum balance requirements.

You'll need to be a brand new Bask Bank customer to take advantage, but this offer is otherwise available nationwide with the ability to open online.

Bask Mileage Savings - 10,000 bonus miles

Expires: May 31, 2024

The Bask Mileage Savings signup offer requires you to deposit and maintain a minimum balance in order to earn the 10,000 bonus miles. Full requirements to receive this bonus are:

  1. Open a new Bask Mileage Savings Account.
  2. Within 15 business days, fund your Bask Mileage Savings Account.
  3. For 90 consecutive days out of the first 120 days following the initial account opening, maintain a minimum daily account balance of $50,000
  4. AAdvantage® bonus miles are awarded within 10 business days and may take 6 to 8 weeks to post to your AAdvantage® account

read the full terms

E*TRADE Bank Logo17. E*TRADE Bank

Payouts have increased again! E*Trade is now offering new investors up to $4,000 in bonus cash when you open and fund a new investing account. You'll only need $50 to earn the first tier bonus ($100)!

They've shuffled all the previous tiers and reinstated the tiers for those with 7+ figures to invest. If you're wanting to earn the full $4,000, you need at least $1.5M in investable assets.

This offer is available to both new and existing customers; however, different rules may apply, so be sure to check the disclosures at the link below.

Brokerage Account - up to $4000 bonus

Expires: May 31, 2024

The Brokerage Account signup offer requires you to deposit and maintain a minimum balance in order to earn the $4000 bonus. Full requirements to receive this bonus are:

  1. Open a new eligible E*TRADE brokerage or retirement account using the link below with promocode PROMO24.
  2. During the first 60 days, fund your new account with new money as follows: $50 - $999, earn $100; $1,000 - $49,999, earn $150; $50,000-$99,999 earn $200; $100,000-$199,999 earn $300; $200,000-$499,999 earn $600; $500,000 - $999,999, earn $1,000; $1,000,000 - $1,499,999, earn $2,000; $1,500,000+ earn $4,000.
  3. If you deposit $200,000 or more, you will receive a cash credit within seven business days.
  4. If you have deposited at least $200,000 in your account, and you make subsequent deposits in that account to reach a higher tier, you will receive a second cash credit following the close of the 60-day window.

read the full terms

Huntington National Bank Logo18. Huntington National Bank

Huntington is offering a welcome bonus to those opening new personal checking accounts. This one offers $400 for any deposit into their Perks Checking account. Previously they required at least $1,000 to qualify.

This account comes with a monthly fee unless you meet the requirements to waive it. You'll also want to note that while there is no minimum opening deposit for the account itself.

Perks Checking - $400 bonus

Expires: June 7, 2024

The Perks Checking signup offer requires you to deposit and maintain a minimum balance in order to earn the $400 bonus. Full requirements to receive this bonus are:

  1. Open a new Huntington Perks Checking account using the link below.
  2. Within 90 days, make a qualifying direct deposit.
  3. Keep your account open for 90 days.
  4. Bonus will be deposited to your new account within 14 days of meeting the requirements.

read the full terms

Wells Fargo Bank Logo19. Wells Fargo Bank

Available nationwide, Wells Fargo is most known for its personal checking bonuses; however, this time around Wells Fargo has a savings offer that's pretty solid! Wells Fargo is offering a $525 welcome bonus when you open a new personal savings account and maintain a minimum balance. The minimum balance is a little steep, but very reasonable for the bonus amount.

What's even more? You can stack this offer with their checking account bonus to earn a total of $850.

Way2Save® Savings - $525 bonus

Expires: June 25, 2024

The Way2Save® Savings signup offer requires you to deposit and maintain a minimum balance in order to earn the $525 bonus. Full requirements to receive this bonus are:

  1. Open a new eligible savings account with your personal code (found at the link below) in branch.
  2. By day 30, bring $25,000 or more to your new savings account.
  3. Maintain at least a $25,000 balance through day 90.
  4. Bonus will be deposited within 30 days of meeting the offer requirements.

read the full terms

Truist Bank Logo20. Truist Bank

Truist Bank is offering small business owners one of the easiest business checking account bonuses we've seen to date: $400 for depositing $1,500 into your new account. (Well, you'll also have to enroll and sign-in to online banking, but we don't really consider that as much of a hurdle...). This is up from $300 when it was most recently offered.

The Truist Simple Business Checking account has no monthly fee and comes with 50 free transactions each month – in other words, it's perfect for a small business just starting out. If your company has surpassed these thresholds, Truist offers their Dynamic Business Checking account. That one comes with higher limits, but does have a small (and avoidable) maintenance fee.

Keep in mind that you'll have 30 days to complete both requirements, and that your new account will need to remain open for 6 months in order to avoid forfeiting the bonus.

Business Checking - $400 bonus

Expires: June 27, 2024

The Business Checking signup offer requires you to deposit and maintain a minimum balance in order to earn the $400 bonus. Full requirements to receive this bonus are:

  1. Open a new Truist business checking account using the promo code SB24Q2BIZAFL.
  2. Within 30 days, deposit $1,500.
  3. During the same 30 days, enroll in online banking and log-in.
  4. Bonus will be credited to your new account within 4 weeks of meeting requirements.

read the full terms

M&T Bank Logo21. M&T Bank

M&T is offering up to $1,500 to new Tailored Business Checking customers. This is a tiered bonus with the highest potential we've seen! You'll need to deposit a minimum of $5,000 for the first tier and maintain that average balance in the third full calendar month after the account was opened.

If you're also in the market for a Merchant Services account, you can combine this offer with their Merchant Services bonus, for a total reward of $1000.

M&T Tailored Business Checking - up to $1500 bonus

Expires: June 28, 2024

The M&T Tailored Business Checking signup offer requires you to deposit and maintain a minimum balance in order to earn the $1500 bonus. Full requirements to receive this bonus are:

  1. Open a Tailored Business Checking account using the link below using promo code BD.
  2. For the third full calendar month following account opening, maintain an average balance of $5,000 to earn $300; $15,000 to earn $500; or $100,000+ to earn $1,500.
  3. Bonus will be awarded by the end of the fourth month after the account was opened.

read the full terms

S&T Bank Logo22. S&T Bank

S&T Bank is offering new business checking customers up to $900 cash.

The bonus breaks down into two parts: $300 for opening a Basic Business Checking account and funding it with at least $1,000 (or $600 if you fund with at least $25,000), while also requesting and activating a debit card.

An additional $300 is up for grabs if you also open a new payment processing account with them. Fortunately, if you can't or don't want to open the processing account, you're still eligible for the up to $600 account opening bonus.

Basic Business Checking - up to $900 bonus

Expires: June 28, 2024

The Basic Business Checking signup offer requires you to deposit and maintain a minimum balance in order to earn the $900 bonus. Full requirements to receive this bonus are:

  1. Open a new Basic Business Checking account using the link below.
  2. Within 5 days, deposit $1,000 and have an average daily balance of $1,000 on August 5, 2024 to earn $300 or deposit $25,000 and have an average daily balance of $25,000 on August 5, 2024 to earn $600.
  3. Apply, receive and activate a debit card by August 5, 2024.
  4. To earn an additional $300, also open a new S&T payment processing account through Elavon and accept payments by April 30.
  5. Bonuses will be credited to your account on August 15, 2024.

read the full terms

PNC Bank Logo23. PNC Bank

PNC is running a couple of welcome bonus offers targeting small business owners. For this one, you'll need to open either a Business Checking or Business Checking Plus account and then meet balance and debit card requirements.

This is a straightforward, nationally-available bonus for business owners.

If your company has higher balances or transaction volume, PNC is running a larger bonus for their enterprise checking accounts, so check those out, too!

Business Checking Account - $200 bonus

Expires: June 30, 2024

The Business Checking Account signup offer requires you to deposit and maintain a minimum balance and make purchases using the account's card in order to earn the $200 bonus. Full requirements to receive this bonus are:

  1. Open a new Business Checking or Business Checking Plus account.
  2. For 3 statement cycles, maintain an average balance of $5,000.
  3. During those same statement cycles, make 20 debit card purchases.
  4. Bonus will be deposited within 90 days of meeting the requirements.

read the full terms

Ent Credit Union Logo24. Ent Credit Union

Available to Colorado residents with the ability to open online, Ent Credit Union is offering a $200 welcome bonus when you open a new checking account. The requirements for the bonus are about as easy as they come, too: just deposit $100 into the account (doesn't need to be direct deposit!) and activate your debit card. Then you'll have your cash bonus within 2 business days. Wow!

What's more? This bonus is available to both new and existing members.

No Strings Checking - $200 bonus

Expires: June 30, 2024

The No Strings Checking signup offer requires you to deposit and maintain a minimum balance in order to earn the $200 bonus. Full requirements to receive this bonus are:

  1. Open a new personal checking account using the promo code ROCKON.
  2. Within 30 days, deposit $100.
  3. During the same time period, activate your debit card.
  4. Bonus will be credited into your primary Ent Savings account within 2 business days after meeting the requirements.

read the full terms

25. Middlesex Savings Bank

If you live in Massachusetts, Middlesex Savings Bank is offering a pretty solid $200 sign-up bonus for opening any one of their Freedom checking accounts – including their free Freedom Blue® account.

The promo doesn't require direct deposit. Instead, you just need to make 8 debit card purchases within the first 2 months. This is a solid offer given the easy requirements!

Freedom Checking - $200 bonus

Expires: June 30, 2024

The Freedom Checking signup offer requires you to make purchases using the account's card in order to earn the $200 bonus. Full requirements to receive this bonus are:

  1. Open a Freedom Blue checking accounts using the promo code FB200.
  2. Within 60 days, make 8 debit card purchases.
  3. Bonus will come as a mailed $200 check within 90 days of account opening.

read the full terms

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Credit Card Bonuses Don’t Require Direct Deposit

In addition to bank promotions, another way to earn bonus cash without needing to set up direct deposit is to explore credit card offers.

These almost always require you to spend a certain amount using your new card, and you’re usually given a few months to meet that requirement.

One caveat: always compare the spending requirement to your normal budget. If you need to make unplanned purchases, the sign-up bonus isn’t worth it.

But if the bonus fits into your normal spending, or you time the offer for when you have big purchases planned, then these can be an awesome way to earn sign-up cash without the need for direct deposit.

Here are a few credit card offers to consider:

  1. Ink Business Unlimited® Credit Card: $750 bonus
  2. The Business Platinum Card® from American Express: 150,000 bonus points
  3. Capital One Venture X Rewards Credit Card: 75,000 bonus miles
  4. Citi® / AAdvantage® Executive World Elite Mastercard®: 50,000 bonus miles
  5. U.S. Bank Altitude® Connect Visa Signature® Card: 50,000 bonus points

Ink Business Unlimited® Credit Card Logo1. Ink Business Unlimited® Credit Card

In addition to the other card perks like cash back and no annual fee, Chase is offering a $750 bonus to new Ink Business Unlimited® cardholders.

The Ink Business Unlimited Card from Chase offers steady cashback across all categories, so you don’t have to worry about tracking bonus categories or spending caps. It’s a great option for earning modest rewards with a welcome bonus and a host of ongoing incentives for applicants.

Ink Business Unlimited® Credit Card - $750 bonus

The Ink Business Unlimited® Credit Card offer requires you to make purchases using the account's card in order to earn the $750 bonus. Full requirements to receive this bonus are:

  1. Apply for a new Ink Business Unlimited® credit card using the link below.
  2. Within 3 months, spend $6,000 using your new card.
  3. Bonus will be credited within 6 to 8 weeks in the form of 75,000 points, which can be redeemed for $750 cash.

read the full terms

The Business Platinum Card® from American Express Logo2. The Business Platinum Card® from American Express

The Business Platinum Card® from American Express comes with a new cardmember offer that can see you earn 150,000 Membership Rewards® Points after spending $20,000 within the first three months on eligible purchases.

You also get a whole host of other annual perks including up to $400 back per year toward U.S. purchases with Dell Technologies, up to $150 back per year for select business subscription purchases with Adobe, a $200 airline fee credit and more! Enrollment required.

This is in addition to the lounge access and 5x points on airline and hotel purchases through amextravel.com. Terms Apply. Keep in mind, these perks come at a price, as there's a $695 annual fee.

Plus, use your Membership Rewards to Pay with Points for a first class or business class flight with any airline available through American Express Travel and you receive 35% of the points back. Or get 35% of the points back when you book a flight in any class with your pre-selected qualifying airline. *up to 1 million points back per calendar year.

The American Express Business Platinum Card comes with a hefty annual fee, but the luxury card is well worth it for businesses that travel frequently and spend big, with high rewards, credits, and elite hotel and lounge benefits. Terms Apply.

The Business Platinum Card® from American Express - 150,000 bonus points

The The Business Platinum Card® from American Express offer requires you to make purchases using the account's card in order to earn the 150,000 bonus points. Full requirements to receive this bonus are:

  1. Apply for The Business Platinum Card® from American Express using the link below.
  2. Within 3 months, spend $20,000 using your new card.
  3. Bonus will be credited within 8-12 weeks of meeting the requirements in the form of Membership Rewards points.

read the full terms

Offer Terms | Rates & Fees

Capital One Venture X Rewards Credit Card Logo3. Capital One Venture X Rewards Credit Card

The Capital One Venture X Rewards Credit Card comes with a 75,000 mile welcome bonus. All you need to do to qualify is make $4,000 worth of purchases within three months of opening the account.

The card has a somewhat high annual fee; however, lower compared to other similar premium cards. Cardholders also enjoy perks such as $300 in statement credits for bookings through Capital One Travel, up to a $100 credit on Global Entry or TSA PreCheck® and access to select airport lounges.

If you’re looking for a travel card with generous bonus category rewards, travel credits, and bonuses, take a look at the Capital One Venture X Rewards Card. It's a happy medium for road warriors who spend enough to offset an annual fee but don't quite want to commit to an elite card.

Capital One Venture X Rewards Credit Card - 75,000 bonus miles

The Capital One Venture X Rewards Credit Card offer requires you to make purchases using the account's card in order to earn the 75,000 bonus miles. Full requirements to receive this bonus are:

  1. Apply for a new Capital One Venture X Rewards Credit Card using the link below.
  2. Within 3 months, spend $4,000 using your new card.
  3. Bonus will be credited to your rewards balance within 2 billing cycles.

read the full terms

Citi® / AAdvantage® Executive World Elite Mastercard® Logo4. Citi® / AAdvantage® Executive World Elite Mastercard®

The Citi® / AAdvantage® Executive World Elite Mastercard®, for a limited time, offers new cardholders 50,000 American Airlines AAdvantage® bonus miles after spending $5,000 in the first three months. This card come with free Admirals Club® membership and access for up to 2 guests or immediate family members traveling with you. You'll also get your first checked bag free on domestic American Airlines itineraries for you and up to 8 companions on the same reservation.

Bonus Tip: You also get 10,000 AAdvantage® Elite Qualifying miles if you spend $40,000 in a single year.

Whether you’re a true blue American Airlines loyalist or you fly with a number of airlines, this card is worth having in your wallet and can make your AA flights more pleasant, in addition to earning solid rewards. Cardholders get travel benefits and partner benefits that can offset the moderately low annual fee.

Citi® / AAdvantage® Executive World Elite Mastercard® - 50,000 bonus miles

The Citi® / AAdvantage® Executive World Elite Mastercard® offer requires you to make purchases using the account's card in order to earn the 50,000 bonus miles. Full requirements to receive this bonus are:

  1. Apply for a new Citi® / AAdvantage® Executive World Elite Mastercard® credit card using the link below.
  2. Within 3 months, spend $5,000 using your new card.
  3. Bonus miles will be credited in your AAdvantage® account in 8-10 weeks.

read the full terms

U.S. Bank Altitude® Connect Visa Signature® Card Logo5. U.S. Bank Altitude® Connect Visa Signature® Card

U.S. Bank's Altitude® Connect Visa Signature® Card offers new cardholders a welcome bonus of 50,000 points after spending $2,000 on eligible purchases within the first 120 days of opening the account.

The Altitude® Connect Visa Signature Card comes with many ways to earn bonus points on purchases in popular categories, including hotels, travel, gas, grocery and more.

Whether you’re new to travel rewards or you simply want to add a streamlined rewards card to the mix, the U.S. Bank Altitude Connect Visa Signature is a solid pick. It comes with a low annual fee and competitive bonus rewards on gas, travel, dining, and groceries perfect for newbies.

U.S. Bank Altitude® Connect Visa Signature® Card - 50,000 bonus points

The U.S. Bank Altitude® Connect Visa Signature® Card offer requires you to make purchases using the account's card in order to earn the 50,000 bonus points. Full requirements to receive this bonus are:

  1. Apply for a U.S. Bank Altitude® Connect Visa Signature® Card using the link below.
  2. Within 120 days, spend $2,000 on eligible purchases.
  3. Bonus will post to your account within 6-8 weeks of completing the requirements.

read the full terms

Want to see even more credit card bonuses?

Check out today's best offers

Direct Deposit Requirement: What Counts?

While the above list only includes bank bonuses without a direct deposit requirement, you may be surprised to learn that other bank offers that do require a direct deposit may still be within your reach.

The crux is around what each bank considers to be a qualifying direct deposit.

Spoiler alert: it can vary.

So, what counts as a “qualifying” direct deposit?

It’s true, the bank does not see all deposits as equal.

Why not?

It gets to the heart of what the bank is trying to have you do by offering a bonus reward in exchange for opening a new account and setting up direct deposit: commit to the account and continue using it, long after you’ve met the bonus requirements.

So, to that end, a “qualifying direct deposit” is, strictly speaking, a reoccurring deposit made by your employer or the government (such as for social security benefits).

But, as we alluded earlier, this definition is not shared among all banks.

For example:

  • Capital One 360: Transfers from brokerage accounts such as Fidelity, Schwab, and Ameritrade fulfill the direct deposit requirement.
  • Bank of America: Transfers from prepaid debit cards such as Bluebird and Serve count as direct deposits.
  • KeyBank: Transfers from PayPal will be coded as direct deposit.
  • U.S. Bank: Transfers initiated from many online banks such as Ally, Discover, and USAA will fulfill the direct deposit requirement.

As always, look to the bonus terms and fine print to guide you. It will almost always clearly state what counts as direct deposit and what does not.

Learn More About Bank Bonuses and Their Requirements

Bank bonuses – particularly those that don’t even require direct deposit – are easy money.

However, it can be time-consuming trying to stay on top of offers that are constantly changing.

Plus, if you’re new to bank promotions, your head may spin for a bit trying to learn the nuances, requirements, and pitfalls.

Fortunately, we can help.

By entering your email address below, you’ll get instant access to:

  • Why banks run these deals and how they make money
  • How to meet the requirements
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…basically everything you need to go from “I’m so confused!” to earning some of the easiest money you’ve ever made.

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Frequently Asked Questions

Does Bank of America offer bonuses?

Bank of America does offer some sign-up bonuses, but unfortunately, you can’t get your hands on them without signing up for a direct deposit.

This is common with bigger banks, so you can expect to run into the same problem with banks like T.D. Bank, PNC, or HSBC.

That said, bank promotions are fluid — meaning they come and go all the time. So just because one bank isn’t offering something that works for you now doesn’t mean that they won’t work in the future.

Do checking offers expire?

Yes. Any bank offer is usually tied to an expiration date. Promotions can last anywhere from months to years, but they are almost always held to a certain timeframe.

If you’re interested in taking advantage of an offer, be sure to look into the fine print and figure out how long you have to sign up.

As a general rule of thumb, if you need a new bank account and the sign-up bonus is appealing, don’t delay.

Why can’t I find a bank promotion without direct deposit requirements?

Usually, you have to dig through a bank’s website to find bonuses, but we launched BankBonus.com to make it easy to find the best bank bonuses in one place.

If you’re struggling to find a promotion that you read about online, it’s possible that it expired or that the bank pulled it. It happens all the time.

Take some time to search through this site and sign up for our newsletter so you can get alerts when new bonuses drop.

Can I qualify for a bonus with credit card funding?

It depends. Some banks allow you to open a bank with a credit card, but many don’t. If you go this route, make sure that your credit card issuer flags the deposit as a purchase and not as a cash advance so you can avoid unnecessary fees.

Also, keep in mind that a lot of banks don’t accept American Express or Discover for credit card funding, so you’ll probably have better luck with a Visa or MasterCard.

Are bank bonuses taxable?

Yes, the money you earn from a new account bonus – regardless of whether it requires direct deposit or not – will be reported to the IRS and taxed as income. Keep this in mind when you’re figuring out your total return on any given offer.

Are Bank Promotions without Direct Deposit Requirements For You?

Choosing the right bank account is an important step in your personal finance journey.

While a bonus offer should never be the main reason you sign up for an account, it doesn’t hurt to take advantage of one of them if the bank meets your other criteria.

The key is finding an FDIC-insured bank account that works best for you. You might also want overdraft protection and the ability to earn cash back on your purchases.

If you are like the millions of others that don’t have direct deposit, don’t worry. You still have a ton of options.

Take some time to shop around and think about what’s most important. The right bank promotions without direct deposit are out there for you.

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