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Advertiser Disclosure
Eligible Amex Cardholders: Open Rewards Checking Account, Get
$250 Bonus w/ 2 Qualifying $1000+ Direct Deposits
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 April 15, 2025 and have two separate Qualifying Direct Deposits, each in the amount of $1,000 or more, posted to your American Express Rewards Checking Account within the first 90 days of account opening.
Thanks to Global Mod lughnasadh for finding this deal.
Deal Instructions:
Thanks to Global Mod lughnasadh for finding this deal.
Deal Instructions:
- Open your first American Express Rewards Checking Account in your name by 11:59PM MST on 04/15/2025, which is subject to approval.
- Have two separate Qualifying Direct Deposits, each in the amount of $1,000 or more, posted to your American Express Rewards Checking Account within the first 90 days of account opening.
- A Qualifying Direct Deposit is a single ACH transfer of $1,000 or more from an employer or the government for a paycheck, pension, government benefit (such as Social Security), or tax refund. Two Qualifying Direct Deposits are required to qualify for this offer. The following are not Qualifying Direct Deposits: person to person transfers (P2P) such as money transfer apps, deposit account to deposit account transfers (for example, from a checking account to another checking account or from a savings account to a checking account), deposits or ACH transfers not from an employer or the government (for example, online transfers or bank transfers), internal transfers from your American Express Savings account, deposits made via check, and Membership Rewards points redemption for deposits.
- After you have completed the above qualifying criteria, American Express will deposit the Welcome Bonus into your Rewards Checking Account within 8-12 weeks.
Original Post
Written by
Edited March 23, 2025
at 01:41 AM
https://www.americanexp
Was logging onto Amex app to pay for my bill and saw this offer come up. Not sure if its targeted or all Amex accounts. Trying it out just to get the $250 lol. Hope somebody finds this as useful as I did.
Earn $250 after you open a new American Express® Rewards Checking account by 04/15/2025 and receive two separate Qualifying Direct Deposits of $1,000 or more within 90 days of account opening.
Details are as follows :
High Interest
Earn a 1.00% APY2 —10X higher than the national rate
Debit Card Rewards
Earn Membership Rewards® points on eligible Debit Card purchases
No Monthly Fees
No fee to open, no minimum deposit, and no monthly fees
Backed by Amex
24/7 world-class customer service and fraud monitoring.
Was logging onto Amex app to pay for my bill and saw this offer come up. Not sure if its targeted or all Amex accounts. Trying it out just to get the $250 lol. Hope somebody finds this as useful as I did.
Earn $250 after you open a new American Express® Rewards Checking account by 04/15/2025 and receive two separate Qualifying Direct Deposits of $1,000 or more within 90 days of account opening.
Details are as follows :
High Interest
Earn a 1.00% APY2 —10X higher than the national rate
Debit Card Rewards
Earn Membership Rewards® points on eligible Debit Card purchases
No Monthly Fees
No fee to open, no minimum deposit, and no monthly fees
Backed by Amex
24/7 world-class customer service and fraud monitoring.
Created 03-22-2025
at 04:51 AM
by lughnasadh
in
Financial Tools & Services
(5)
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Many data points indicating push from Fidelity codes as DD. Be sure to log into Fidelity and push the funds to Amex -- not log into Amex and pull from Fidelity.
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You might be thinking 1099-K for eBay sales with the $600 threshold. For bank bonuses you WILL get a 1099-INT no matter the amount.
You are not eligible for the Welcome Bonus if you have an existing or previously have had a Rewards Checking Account
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"duh… I don't like free money because you have to pay taxes"
Yep, I got 1099-int from Citi for 100$ bonus
"I don't want a raise because that means I'll pay more taxes"
No shit you'll pay more taxes when you make MORE money... HR/corporate finance types love this one trick!
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Edit: Meant to say 1099-INT