American Express Rewards Checking $250 Bonus
American Express is offering a $250 bonus for customers who open a new American Express Rewards Checking account by April 15, 2025. This offer is available nationwide for those who have never had an account in the past. Check out the details below.
Offer Details
Earn a Welcome Bonus of $250 deposited into a new American Express Rewards Checking account after you do each of the following:
- Open an American Express Rewards Checking Account in your name by April 15, 2025.
- Receive two separate Qualifying Direct Deposits of $1,000 or more within 90 days of account opening.
After you have completed the above, American Express will deposit your Welcome Bonus into your Rewards Check Account within 8-12 weeks.
Important Terms
- 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.
- The following are not Qualifying Direct Deposits: person to person transfers (P2P), demand deposit account to demand deposit account transfers (for example, from a checking account to another checking account), and deposits or ACH transfers not from an employer or the government (for example, online transfers or bank transfers).
- If we determine, in our sole discretion, that you have violated the Raewards 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.
- Your Welcome Bonus may be taxable income to you and may be reported on IRS Form 1099. You are responsible for any federal or state taxes resulting from the Welcome Bonus. Please consult your tax advisor if you have questions about the tax treatment of the Welcome Bonus.
- Welcome Bonus offered by American Express National Bank, Member FDIC.
Who is Eligible
- You are not eligible for the Welcome Bonus if you have an existing or previously have had a Rewards Checking Account.
- Each individual customer may only have one Rewards Checking Account.
- Currently accepting applications from Card Members with a U.S. Basic Consumer Card issued by American Express National Bank with at least 35 days tenure.
Fees
- This account has no monthly fees.
- 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.
Guru’s Wrap-Up
We have seen this offer in the past and it’s an easy way to make $250 inf you can complete the two $1,000 direct deposits. The offer is available nationwide and you can open the account online. However, you are not eligible for the bonus if you have or previously have had a Rewards Checking Account. So you can only do this bonus once.
Bank bonuses are a great way to earn some extra income, often from the comfort of your home. You can take a look at my bank bonus results for 2022 where I made over $6,000. If this bonus is not for you, then you can check our full list of available bank bonuses. And, if you’re new to bank account bonuses, you can learn more about churning bank accounts here.
Offer Details
- OFFER PAGE
- Max Bonus: $250
- Account Type: Rewards Checking
- Availability: Nationwide
- Type of Inquiry: Soft pull
- Direct Deposit Requirement: 2x$1,000 (see what works)
- Other Requirements: No
- Credit Card Funding: No
- Monthly Fee: No
- Closing Account Fee: Must keep open to receive bonus
- Expiration Date: 4/15/25
HT: Doctor of Credit
Share Bank Bonuses and other deals with us and our readers
Credit: Source link
