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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 Jan 2016
L3: Novice
> bubble2 123 Posts
14 Reputation
bobredd
10-20-2023 at 12:35 PM.
10-20-2023 at 12:35 PM.
Received my bonus in about 2 weeks after DD
Reply
Joined Sep 2019
L2: Beginner
> bubble2 25 Posts
43 Reputation
FairFeather981
10-21-2023 at 02:55 PM.
10-21-2023 at 02:55 PM.
Quote from pankaj8096 :
Tried from chase

Did you transfer from chase or push from amex?
Reply
Joined Oct 2018
L3: Novice
> bubble2 108 Posts
43 Reputation
Sagar26
10-22-2023 at 09:04 AM.
10-22-2023 at 09:04 AM.
Quote from devinlwoods :
Account created 5 days ago, direct deposit of $500 just landed. Waiting for the bonus now.

Did you received any bonus? How long after deposit of $500?
Reply
Joined Mar 2016
L2: Beginner
> bubble2 510 Posts
72 Reputation
devinlwoods
10-22-2023 at 09:13 AM.
10-22-2023 at 09:13 AM.
Quote from Sagar26 :
Did you received any bonus? How long after deposit of $500?

Yes. Oct 5 the bonus hit my account!
Reply
Joined Sep 2011
L6: Expert
> bubble2 1,059 Posts
71 Reputation
slicklorey
10-22-2023 at 09:16 AM.
10-22-2023 at 09:16 AM.
Do we need to maintain a balance to get the $250?
Reply
Joined Nov 2012
L4: Apprentice
> bubble2 309 Posts
14 Reputation
JCT
10-22-2023 at 06:59 PM.
10-22-2023 at 06:59 PM.
I sent a transfer from fidelity cash managed account to Amex, the description of transaction said 'online transfer /payment credit' n not DD

does that mean the transaction didn't count? It's 4 days I haven't received an email… I must have done something wrong….
Reply
Joined Nov 2013
L5: Journeyman
> bubble2 712 Posts
354 Reputation
TheFullchakra
10-23-2023 at 02:25 PM.
10-23-2023 at 02:25 PM.
Quote from JCT :
I sent a transfer from fidelity cash managed account to Amex, the description of transaction said 'online transfer /payment credit' n not DD

does that mean the transaction didn't count? It's 4 days I haven't received an email… I must have done something wrong….

same shoe money is in but no received any email mention bonusMad
Reply

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Joined Oct 2017
L2: Beginner
> bubble2 97 Posts
58 Reputation
FerretPewPew
10-24-2023 at 03:03 PM.
10-24-2023 at 03:03 PM.
Direct deposit showed up as "Online Transfer / Payment: Credit" on 10/20, and just received the following email today:
Quote :
Congratulations! You've had a qualifying Direct Deposit posted to your American Express® Rewards Checking account which means you've completed the requirements to receive the $250 Welcome bonus.

Here's what happens next
American Express will deposit the $250 bonus into your Rewards Checking account within 8-12 weeks and you'll receive a notification once it's in. If you'd like more information, visit our Welcome Bonus Terms and Conditions for more details.
Reply
Joined Dec 2008
L4: Apprentice
> bubble2 484 Posts
58 Reputation
BayAreaMiss
10-24-2023 at 04:05 PM.
10-24-2023 at 04:05 PM.
Direct deposit done on Oct 15 - still waiting for email and bonus :-(
Reply
Joined Nov 2012
L4: Apprentice
> bubble2 309 Posts
14 Reputation
JCT
10-24-2023 at 08:25 PM.
10-24-2023 at 08:25 PM.
Quote from TheFullchakra :
same shoe money is in but no received any email mention bonusMad
Actually I got an email today. A transfer from fidelity does work.

Now just waiting for actual credit
1
Reply
Joined Apr 2015
L5: Journeyman
> bubble2 717 Posts
25 Reputation
orioncygnus
10-27-2023 at 07:12 AM.
10-27-2023 at 07:12 AM.
Quote from bobredd :
Received my bonus in about 2 weeks after DD
you don't have to keep the $500 in the bank right? you can transfer it immediately after it's deposited?
Reply
Joined Dec 2011
Two Minds Became One
> bubble2 13,461 Posts
Peerless_Warrior
10-27-2023 at 07:16 AM.
10-27-2023 at 07:16 AM.
Hard pull for credit?

Quote from JCT :
Actually I got an email today. A transfer from fidelity does work.

Now just waiting for actual credit
How do you push?
Reply
Joined Nov 2012
L4: Apprentice
> bubble2 309 Posts
14 Reputation
JCT
10-27-2023 at 07:45 PM.
10-27-2023 at 07:45 PM.
Quote from Peerless_Warrior :
Hard pull for credit?


How do you push?
I added an external account on fidelity. Then it takes a few days to verify the trial deposits.

After it's confirmed do a real transfer from fidleltiy to Amex.

A few days later I got the confirmation email.

Hope this helps.
Reply
Joined Dec 2011
Two Minds Became One
> bubble2 13,461 Posts
Peerless_Warrior
10-27-2023 at 10:16 PM.
10-27-2023 at 10:16 PM.
Quote from JCT :
I added an external account on fidelity. Then it takes a few days to verify the trial deposits.

After it's confirmed do a real transfer from fidleltiy to Amex.

A few days later I got the confirmation email.

Hope this helps.
Thank you!!
Reply

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Joined Aug 2011
L69: Curvature
> bubble2 1,081 Posts
156 Reputation
tjax123
10-27-2023 at 11:50 PM.
10-27-2023 at 11:50 PM.
paypal transfer count as a direct deposit?
1
Reply
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