Verification
Direct Deposit Requirements for Bank Bonuses
Research qualifying direct-deposit definitions, amount thresholds, posting windows, account routing, and documentation before relying on a promotion.
OfferRadar EditorialUpdated Aug 10, 20266 min read
01
Read the provider definition
Providers may distinguish payroll, pension, government benefits, ACH transfers, card payments, person-to-person payments, wires, checks, and cash.
- ✓Eligible payer
- ✓Payment rail
- ✓Excluded transfers
- ✓Account and routing details
02
Map amount and timing
A promotion can require one deposit, a cumulative amount, multiple deposits, or activity within a defined period after enrollment.
- ✓Minimum amount
- ✓Cumulative total
- ✓Posting deadline
- ✓Evaluation period
03
Separate bonus and fee rules
The amount that qualifies for a promotion may differ from the deposit needed to waive a monthly fee. Track both requirements independently and keep records.
- ✓Bonus threshold
- ✓Fee-waiver threshold
- ✓Statement cycle
- ✓Confirmation records
Primary sources reviewed