Amex Cardholders: Open Eligible Checking Account + $500 Direct Deposit & Get
Expired
$250 Bonus
+95Deal Score
91,570 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 only have a Amex Plat credit card with membership rewards points. I see this offer and also that you get membership rewards points on debit card spend. Will the membership rewards points get combined?
And if I cancel my credit card in the future, this could be a good way to not lose the rewards points.
Is my understanding correct?
Not a cd, just a savings account they offered me about maybe 4 months after opening my checking with amex.
That's solid. I definitely want this...what kind of balance were you keeping in the checking account (if any?)? Would happily move to using Amex savings if it's paying 5%APY.
Just got the $900 from Chase and now this. Sweet. Was able to open an account quickly, already having two cards from them. My employer has no problem with their routing number, either. The only hiccup I've run into is that YNAB isn't importing (or seeing) the account, but that may just be delayed.
what did you do to get the $900 offer? I've had no success.
oh wow, I don't think i've ever seen that one with the $400 for both. i've done the 300+200+100 one. i think this is the 3rd time I've done it and it was always the same amount for me.
is the 400 for both targeted for specific people or for most/everyone?
For the first couple of months of 2023 it was available to everyone. They starting offering it again in July but it was extremely extremely targeted.
I used to be able to split paycheck up, but seemingly no longer can. I signed up for this and will deposit one check for the bonus transfer it out. The account is limited in its features and the capital one 360 account I use now (from another slickdeals bonus) is much more useful
Anybody have an idea of what the best current bonus offers are for checking and savings? I got the chase offer of $900 for opening checking and savings and then they keep declining to set up accounts for me. If I do this amex one that is only $250 so then no way I'd get close to the $900 when opening it and a savings acct.
I was 2 hours too late tp do the $400 regions one. And I can't believe despite already doing business with chase and then SPECIFICALLY inviting me to do tat $900 deal they then decline it and don'tt ell why and no way to contact them by email about it apparently.
i had to fight with chase to get the $225 checking bonus last year. hours and hours on the phone to mostly foreign cs idiots with different answers. took almost a month of this but i finally won. beware.
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And if I cancel my credit card in the future, this could be a good way to not lose the rewards points.
Is my understanding correct?
TIA
Credit card bonuses are not taxable. Much better
what did you do to get the $900 offer? I've had no success.
is the 400 for both targeted for specific people or for most/everyone?
For the first couple of months of 2023 it was available to everyone. They starting offering it again in July but it was extremely extremely targeted.
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I was 2 hours too late tp do the $400 regions one. And I can't believe despite already doing business with chase and then SPECIFICALLY inviting me to do tat $900 deal they then decline it and don'tt ell why and no way to contact them by email about it apparently.
Was the DD coded as direct deposit or online transfer credit in Amex app?
It says: online transfer / payment: credit
Nice! That's what I saw in the app. Now I am waiting for the bonus
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If you're up to it, let's report back here when it posts.