Best Bank Promotions without Direct Deposit

Earning a bank bonus is a great way to pad your savings account, but it can be tough to do if you don't have direct deposit set up. Here are promotions that don't require a direct deposit.

Bank bonuses are a great way to earn some extra money, but they usually require a direct deposit.

But switching your direct deposit over to a new bank can be hassle, and may not be worth it just for a bonus.

So we've compiled a list of the best bank promotions that don't require a direct deposit. These offers range from $100 all the way up to $300, so there's sure to be something here for everyone.

Best Bank Promotions without Direct Deposit

These bank bonuses range from $100 all the way up to $300, so there's sure to be something here for everyone.


Top Bank Promotions Without Direct Deposit

1. Acorns – $20 Bonus

Expires: Limited Time

About:
Acorns is a fintech company designed to make investing accessible for everyone. With Acorns, you can start investing spare change, save for retirement, earn more, and spend smarter in just a few minutes.

How to Earn:

  1. Set up your Acorns account in under 3 minutes.
  2. Set up Recurring Investments.
  3. Make your first successful Recurring Investment (minimum $5) to receive your $20 bonus within 10 days of the following month.

Additionally, Acorns offers excellent referral bonuses. Share your referral link with others and you could earn over $1,000 weekly!

Our Verdict:
The $20 Acorns bonus is a simple and encouraging incentive, especially for those new to investing. With a low minimum investment requirement and no direct deposit needed, it's an easy bonus to take advantage of.

Learn More: Acorns


2. Chase Bank – $300 Bonus

Expires: July 22, 2024

About:
Chase Bank, the consumer banking division of JPMorgan Chase, offers a range of products including business accounts, travel credit cards, checking and savings accounts, and mortgages.

How to Earn:

  1. Open a new Chase Business Complete Checking® account online.
  2. Fund a minimum deposit of new money within 30 days of offer enrollment and maintain that balance for 60 days.
  3. Make 5 qualifying transactions within the first 90 days.

Once you complete the requirements, your $300 bonus will be credited to your account within 15 days.

Our Verdict:
This is the best business checking promotion currently available from Chase. With the ability to open business checking accounts online, Chase makes it easy to save for your business with the Chase Business Complete Checking® account.

Learn More: Chase Bank


3. Upgrade – $200 Welcome Bonus

Expires: Limited Time

About:
Upgrade is a financial technology company that offers credit services to consumers. Upgrade's services help customers manage and access credit. The Upgrade card blends the features of a credit card and a line of credit for daily purchases.

How to Earn:

  1. Apply for any Upgrade card (e.g., the Triple Cash Card).
  2. Within 60 days, open and fund a new Rewards Checking Plus account.
  3. Make 3 debit card transactions within the same 60 days.

Your $200 bonus will post within 1-2 billing cycles after your third debit transaction.

Our Verdict:
It’s rare to find such a high bank bonus that doesn’t require direct deposit or a minimum balance to open a new account. The Triple Cash Rewards Visa card also offers 3% cash back on Home, Auto, and Health purchases, and 1% on others, with no annual or late fees.

Learn More: Upgrade


4. NorthOne – $20 Bonus

Expires: Limited Time

About:
NorthOne is a financial services company offering business accounts for small businesses, freelancers, and startups. NorthOne's platform is designed to help business owners manage their finances efficiently.

How to Earn:

  1. Fund and open a new NorthOne account.
  2. Receive a $20 welcome bonus, credited as two months of waived monthly fees. After two months, the regular monthly fee of $10.00 will resume, but you can cancel at any time.

Our Verdict:
NorthOne is an excellent option for business banking, especially for small businesses and freelancers. Though the $20 bonus isn’t as high as Chase’s offer, NorthOne requires no minimum balance and allows for easy cancellation.

Learn More: NorthOne


5. Public – Earn 5.1% APY

Expires: Limited Time

About:
Public provides a single platform for investing in stocks, treasuries, ETFs, crypto, and alternative assets. It offers a seamless experience for both new and seasoned investors.

How to Earn:

  1. Sign up for a Public account.
  2. Earn 5.1% APY on your cash in Public's High-Yield Cash Account, with no subscription fees and no minimum balance requirements.

Our Verdict:
Public offers a diverse investing experience and a high-yield cash account with an industry-leading 5.1% APY. It’s an excellent choice for consolidating all your investments in one place.

Learn More: Public

Tips for Claiming a Banking Bonus without Direct Deposit

Some bank promotions require that you open a new checking account and set up direct deposit, but there are plenty of ways to get around that. Here are a few tips:

If you're looking for bank promotions that don't require direct deposit, your best bet is to look for smaller banks and credit unions. They tend to have less strict requirements when it comes to bonuses.

Look for bank promotions that only require a certain amount of money to be deposited within a certain time frame. This is usually much easier to do than setting up direct deposit.

If you're having trouble finding bank promotions that don't require direct deposit, you can always try to negotiate with your bank. Many banks are willing to work with customers to find a promotion that meets their needs.

Final Thoughts on Bank Promotions

Earning a bank bonus is a great way to pad your savings account, but it can be tough to do if you don't have direct deposit set up.

Fortunately, there are plenty of bank promotions out there that don't require direct deposit. By taking advantage of these offers, you can earn some extra cash without having to go through the hassle of setting up direct deposit.

Do you know of any other bank promotions that don't require direct deposit? Let us know in the comments below.

Related

🏆 Our #1 Checking Accounts Choice for 2024
Primary Rating:
4.5
Chase Total Checking® Account
Description:

✓ Earn up to $300 when you open a new Chase Total Checking® account and complete qualifying activities

✓ Manage your accounts, deposit checks, transfer funds, plan a budget and more - all from your device

✓ Over 4,700 branches, the largest branch network in the U.S. plus access to more than 15,000 ATMs

🏆 Our #1 Checking Accounts Choice for 2024
Primary Rating:
4.5
Chase Total Checking® Account
Description:

✓ Earn up to $300 when you open a new Chase Total Checking® account and complete qualifying activities

✓ Manage your accounts, deposit checks, transfer funds, plan a budget and more - all from your device

✓ Over 4,700 branches, the largest branch network in the U.S. plus access to more than 15,000 ATMs