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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Can we push a deposit from another bank (ie Discover Bank) and have that satisfy the DD requirement like it did for the recent Cap One deal? Anyone have success?
Can we push a deposit from another bank (ie Discover Bank) and have that satisfy the DD requirement like it did for the recent Cap One deal? Anyone have success?
THe $250 incentive just hit for me, 1 week after the first deposit hit. Now the key question, when can i transfer funds out to basically close the account? I think it's as soon as you receive the bonus....
From the terms: "You must keep your account open and in good standing until we award you your welcome Bonus. If your account is closed for any reason prior to such time, including being closed by us, you will not be eligible for the Welcome Bonus. If we determine, in our sole discretion, that you have violated the Rewards Checking Account Terms or have engaged in abuse, misuse, or gaming in connection with your account, we may determine that you are not eligible for the Welcome Bonus. In such circumstance, we may rescind or decline to award you the Welcome Bonus."
My bonus hit on 10/5 as well. Transferred it to my AMEX Savings on 10/7. Still have my $5 base in checking - will probably leave it open for another month or so.
damn.. i just opened and closed one a couple months ago. the invitation i got was from chase directly. shoud've waited a couple more months. missed out on free $300..
9/19 Opened account using link in promo email
9/21 $501 push from Fidelity checking
9/26 "Bonus on the way" email
10/5 $250 bonus posted
Same for family member
May I ask what is push from fidelity? I have thr cash mgt account, and I added the new Amex routing and acc number, fidelity needs to verify with trial deposits.
So after the fidelity account is verified, do I just a transfer sending $500 to Amex, is that all I need to do?''yhanks so much
May I ask what is push from fidelity? I have thr cash mgt account, and I added the new Amex routing and acc number, fidelity needs to verify with trial deposits.
So after the fidelity account is verified, do I just a transfer sending $500 to Amex, is that all I need to do?''yhanks so much
Sounds like you have the right idea "Push" means to send money via transfer as opposed to a "pull" which withdraws money from the other account
May I ask what is push from fidelity? I have thr cash mgt account, and I added the new Amex routing and acc number, fidelity needs to verify with trial deposits.
So after the fidelity account is verified, do I just a transfer sending $500 to Amex, is that all I need to do?''yhanks so much
Yes -- use Fidelity's transfer page to push funds from Fidelity to Amex account
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9/21 $501 push from Fidelity checking
9/26 "Bonus on the way" email
10/5 $250 bonus posted
Same for family member
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Tried from chase
09/26 direct deposit from employer
10/03 'bonus on the way' email
10/05 $250 bonus posted
Probably the easiest checking bonus I've ever done.
From the terms: "You must keep your account open and in good standing until we award you your welcome Bonus. If your account is closed for any reason prior to such time, including being closed by us, you will not be eligible for the Welcome Bonus. If we determine, in our sole discretion, that you have violated the Rewards Checking Account Terms or have engaged in abuse, misuse, or gaming in connection with your account, we may determine that you are not eligible for the Welcome Bonus. In such circumstance, we may rescind or decline to award you the Welcome Bonus."
9/21 $501 push from Fidelity checking
9/26 "Bonus on the way" email
10/5 $250 bonus posted
Same for family member
So after the fidelity account is verified, do I just a transfer sending $500 to Amex, is that all I need to do?''yhanks so much
So after the fidelity account is verified, do I just a transfer sending $500 to Amex, is that all I need to do?''yhanks so much
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So after the fidelity account is verified, do I just a transfer sending $500 to Amex, is that all I need to do?''yhanks so much