Best Bank Bonuses Without Direct Deposit Requirements

by contentwriter

Author: Kelly Carter

While bank bonuses are fantastic, but they frequently have conditions attached to them. For example, when you open an account, you may be required to make a minimum deposit or maintain an average daily balance.

The most inconvenient requirement, however, is establishing a direct deposit from your employer or government benefits, especially if your job does not support it.

In this case, you may want to look into offers that do not require these criteria. We’ve compiled a list of bank bonuses that don’t require a direct deposit that you can take advantage of. All you have to do is follow the rules, and you’ll be on your way to receiving the promotional bonus.

1.Chase ($300 Sign-Up Bonus)

Chase Business Complete Banking is one of the best checking promotions available from the bank. To earn $300 in bonus cash, you must maintain a minimum balance of $2,000 for the first sixty days after opening your account. Account holders must also complete at least five qualifying transactions within the first 90 days.


The Chase Business Complete Banking account is simple to open, either online or in person, making saving money for your business easier. Your account will be credited within 15 days of completing the requirements.


  • There is no minimum opening deposit.
  • Electronic deposits are unlimited.
  • Same-day deposits are available.
  • Sign-up incentive


  • Fee-free cash deposits are limited to $5,000 per month.
  • Monthly fee-free physical transaction limit of 20
  • The monthly fee of $15 can be waived

2. Upgrade ($200 Welcome Bonus)

When you open a Rewards Checking Account with an Upgrade card, you will be eligible for the $200 welcome bonus. The card is a hybrid of a credit line for everyday purchases and a credit card.

In addition, you must make three qualifying purchases with your new card before receiving the $200 welcome bonus. Upgrade does not require account holders to set up direct deposit, maintain a minimum balance, or pay a monthly fee to open an account.

Upgrade does, however, conduct a soft pull credit check, which does not affect your credit score, but in some cases, they may conduct a hard credit check. Your welcome bonus should be available within 1-2 billing cycles of your third debit card transaction.



  • Sign up bonus
  • No minimum opening account balance
  • Zero monthly fee


  • Does a hard credit check
  • Limited monthly transactions

3. U.S. Bank Merchant Services ($500 Bonus)

To qualify for the $500 statement credit bonus, you must receive and resolve a transaction (minimum of $50) within the first 60 days of opening a new U.S. Bank Payment Solutions Account. The $500 one-time statement credit will be applied by the next billing cycle, March 2023. If U.S. Bank is one of your primary banks and you’re looking for a merchant services provider, you should look into this account.


  • Sign up bonus
  • It doesn’t charge a monthly fee


  • Requires a minimum balance

4. Regions Bank ($400 Checking Bonus)

The $400 bonus from Regions Bank is available in 15 states, including Texas, North Carolina, Iowa, Georgia, Mississippi, Alabama, Illinois, Indiana, Florida, and Missouri.

To qualify for this bonus, you must open a new personal checking account in one of the bank’s branches, register for online banking within the first 60 days, and deposit at least $1,000 into your account.

The Region Bank account has monthly fees of $8 and $18, which can be waived if you keep an average monthly balance of $1,500 or $5,000, respectively.



  • Unlimited electronic deposits
  • Sign up bonus


  • It comes with a monthly fee
  • Requires a minimum monthly balance
  • Only available in 15 states
  • It doesn’t offer online registration

5. Discover Bank ($150 or $200 Savings Account Bonus)

When you open a new Discover Saving Account online, in person at the bank, or through the app, you will receive a $150 or $200 bonus. Furthermore, you must deposit at least $15,000 within the first 30 days of opening your account to receive a $150 bonus or $25,000 to receive a $200 bonus.

Furthermore, existing Discover savings account holders are not eligible for this offer. Your bonus will be issued within 30 days of meeting all requirements and is subject to Form 1099.


  • Zero monthly fees
  • Available nationwide
  • Welcome bonus


  • High minimum monthly balance
  • High annual percentage rate (APR)

The Bottom Line

If you are self-employed or your employer does not offer direct deposits and want to take advantage of bank bonuses, you should look for one that does not require direct deposit. We’ve provided several banks that offer bonuses without requiring a direct deposit in this article, and we hope you find one that fits your lifestyle and provides the benefits you require.


You may also like