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Amex Cardholders: Open Eligible Checking Account + $500 Direct Deposit & Get Expired

$250 Bonus
+95 Deal Score
91,636 Views
American Express is offering Eligible American Express Card Members:  $250 Bonus (deposited to your account) when you open an American Express Rewards Checking account by October 31 and Receive a Qualifying Direct Deposit of $500 or More.

Thanks to Community Member gjpzee for finding this deal.

Details:
  • Offer valid for Card Members with a U.S. Basic Consumer Card issued by American Express National Bank with 3+ months tenure.
  • Offer not valid for American Express Business Checking customers.
  • Open a new checking account by October 31.
  • Receive a qualifying direct deposit of $500 or more by December 10.

Original Post

Written by
Edited September 14, 2023 at 06:45 AM by
Earn $250 after you open an American Express Rewards Checking account by October 31 and receive a qualifying direct deposit of $500 or more by December 10

Earn a competitive 1.00% APY 2 – 10X higher than the national rate

No fee to open, no monthly fees, and no minimum balance required

Earn Membership Rewards points on eligible Debit Card purchases.

Note - Only applications from Card Members with a U.S. Basic Consumer Card issued by American Express National Bank with 3+ months tenure will be accepted.

https://www.americanexpress.com/e...g-account/
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Deal
Score
+95
91,636 Views
$250 Bonus
These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

204 Comments

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Featured Comments

This is an easy $250, but the ACH deposit needing to be from employer or government kind of sucks. My employer only allows for my entire check to be moved through a direct deposit request and not just a portion
Should highlight that this is only for existing Amex card holders,
Having trouble changing my DD to this account with my employer. "Routing number does not exist in the system."

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Joined May 2016
L6: Expert
> bubble2 1,321 Posts
231 Reputation
TheBliz
09-15-2023 at 06:05 AM.
09-15-2023 at 06:05 AM.
How long does the $500 need to be in the account? Any implications on closing the account after receiving the $250 bonus?
Reply
Joined May 2007
L6: Expert
> bubble2 1,276 Posts
812 Reputation
Pro
buckeyeBK
09-15-2023 at 06:16 AM.
09-15-2023 at 06:16 AM.
Quote from TheBliz :
How long does the $500 need to be in the account? Any implications on closing the account after receiving the $250 bonus?
"You must keep your account open and in good standing until we award you your welcome Bonus (8-12 weeks)".
1
Reply
Joined Sep 2011
L6: Expert
> bubble2 1,059 Posts
71 Reputation
slicklorey
09-15-2023 at 06:18 AM.
09-15-2023 at 06:18 AM.
Quote from buckeyeBK :
"You must keep your account open and in good standing until we award you your welcome Bonus (8-12 weeks)".
Can supplementary card holder quality for this $250?
Reply
Joined Sep 2013
L4: Apprentice
> bubble2 303 Posts
30 Reputation
hotlantabraves
09-15-2023 at 06:30 AM.
09-15-2023 at 06:30 AM.
I know it says transfers from bank accounts are excluded but has anyone had success with Robinhood, Webull, Chime or something similar?
Reply
Joined May 2016
L6: Expert
> bubble2 1,321 Posts
231 Reputation
TheBliz
09-15-2023 at 06:50 AM.
09-15-2023 at 06:50 AM.
Quote from buckeyeBK :
"You must keep your account open and in good standing until we award you your welcome Bonus (8-12 weeks)".

I'm wondering if just the deposit of $500 is enough to get the bonus, or if I could deposit the $500, then transfer it out to where I need it, and just keep the account open (with little balance) until the bonus is added
Reply
Joined Feb 2023
L6: Expert
> bubble2 1,093 Posts
114 Reputation
oasisallure
09-15-2023 at 07:21 AM.
09-15-2023 at 07:21 AM.
Quote from slicklorey :
Can supplementary card holder quality for this $250?
good question. Wondering the same.
1
Reply
Joined Feb 2023
L6: Expert
> bubble2 1,093 Posts
114 Reputation
oasisallure
09-15-2023 at 07:31 AM.
09-15-2023 at 07:31 AM.
No promo code needed to be entered, right?
Reply

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Joined Jan 2018
L2: Beginner
> bubble2 71 Posts
18 Reputation
furiousfuria
09-15-2023 at 08:50 AM.
09-15-2023 at 08:50 AM.
Quote from sLick415 :
Having trouble changing my DD to this account with my employer. "Routing number does not exist in the system."
My employer also flagged the routing number as not being typical
Reply
Joined Aug 2018
New User
> bubble2 7 Posts
10 Reputation
jamesviola
09-15-2023 at 08:57 AM.
09-15-2023 at 08:57 AM.
Quote from slicklorey :
Can supplementary card holder quality for this $250?
My brother (who is a supplementary card holder but doesn't have an AmEx card of his own) got a message saying he wasn't qualified for the offer when he tried.
Reply
Joined Feb 2008
L3: Novice
> bubble2 270 Posts
63 Reputation
drpain714
09-15-2023 at 09:06 AM.
09-15-2023 at 09:06 AM.
hard hit on credit to open?
1
Reply
Joined Mar 2013
Deal Hunter
> bubble2 547 Posts
135 Reputation
The_Phone_Guy
09-15-2023 at 10:43 AM.
09-15-2023 at 10:43 AM.
Quote from gjpzee :
I wonder if the membership rewards from this will work for Amazon pay with points deals like this one. That would be great. https://slickdeals.net/share/android_app/fp/866779

Does NOT work for the Amazon Pay w/ Points promos. I learned the hard way when they first launched the Amex checking account lol. I closed the account month ago. This account can only use the account reimbursement points redemption (unless you also have an Amex MR credit card) from what I recall.

I wonder if I'm eligible for the bonus now if I open a new account (terms don't state anything about previously having the account). It still shows on my Amex app but as closed, which is very annoying to still see.
Reply
Joined Jul 2010
L5: Journeyman
> bubble2 864 Posts
156 Reputation
Demonoid89
09-15-2023 at 10:49 AM.
09-15-2023 at 10:49 AM.
Quote from furiousfuria :
This is an easy $250, but the ACH deposit needing to be from employer or government kind of sucks. My employer only allows for my entire check to be moved through a direct deposit request and not just a portion

They almost always say this, and it's almost always BS. Haven't tried this one myself but just a guess. No harm in trying PayPal Robinhood Venmo etc.
2
Reply
Joined Apr 2006
L3: Novice
> bubble2 158 Posts
42 Reputation
sanxxx
09-15-2023 at 11:42 AM.
09-15-2023 at 11:42 AM.
Is there any fee to close this account?
Reply
Joined May 2019
L3: Novice
> bubble2 123 Posts
14 Reputation
Verywiseman
09-15-2023 at 11:58 AM.
09-15-2023 at 11:58 AM.
Does this work with the Amex Platinum card?
Reply

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Joined Dec 2017
L2: Beginner
> bubble2 73 Posts
10 Reputation
p1l
09-15-2023 at 12:22 PM.
09-15-2023 at 12:22 PM.
Does this shiddd work with existing account
Reply
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