Prior post on this account...

http://slickdeals.net/f/5810796-Upcoming-Cashback-Checking-from-Discoverbank?v=1

I opened my account before I knew about any $50 bonus. I hope & expect I will still get the $50 however, I fully expect this to go "national" eventually with everyone getting the $50. So If I hadnt already opened mine, I would wait for some kind of "offical" invitation or something.
Simply because $50 is more than 4 years worth of 10 cent at a time cashback transactions.

Its a good deal just on 10-12 10 cent cashbacks per month alone. (Im only going to use it for small transactions and at Aldi where they dont accept any kind of credit cards, debit only)

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The link doesn't indicate any $50 bonus offer. However, if you are eligible for this offer, you may see this note on the top of the page once you log in to Discover from that link.

"A special offer just for new Discover checking customers... Get an account opening bonus when you open a Discover Cashback CheckingSM Account."

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Quote from jeremym : Clicked link, clicked the open account button on the page, logged in, saw the "special bonus" message at the top, applied, had to call in to verify address, verified with the rep that I'd get $50. He said from July 31st, within 4-6 weeks I will get $50. Only requirement is that my initial opening deposit goes through, no direct deposit requirement, etc. No fees either. Thumbs up and repped, OP. Easiest $50 I've ever made. Edit: just signed my fiance up for one too, didn't have to call, auto approved. +$50!

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Quote from Loading : Just talked to the lady from Discover Bank, after you log into your account (credit card) if you see "NEW! Cashback Checking - no monthly fees " under your credit card line then you were invited to this new debit card they are giving and will get the $50.