Amex Cardholders: Open Eligible Checking Account + $500 Direct Deposit & Get
Expired
$250 Bonus
+95Deal Score
91,613 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.
Written by
Edited September 14, 2023
at 06:45 AMby
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.
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.
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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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
"You must keep your account open and in good standing until we award you your welcome Bonus (8-12 weeks)".
There is no requirement to leave direct deposit in the account, you can transfer it out after it has been deposited. Don't go negative balance will keep your account in good standing and open
question: why do offers like this always require specifically a DD as opposed to some other type of deposit? is it because they want to try to get you to keep direct depositing in a monthly, bimonthly, basis (even though you can just stop the DD after the first one)
"We are currently accepting applications from Card Members with a U.S. Basic Consumer Card issued by American Express National Bank with 3+ months tenure. Current and prior American Express Business Checking customers are not eligible to apply at this time."
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You can transfer it out
There is no requirement to leave direct deposit in the account, you can transfer it out after it has been deposited. Don't go negative balance will keep your account in good standing and open
Those don't work, but I believe Wealth front might work if you have a WF account
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