Offers checked October 23 to 25, 2026
5 verified offers need no direct deposit. 4 pay you for parking savings for a few months, about 5% to 9% a year on that money while it's there. Red Canoe Credit Union asks for a few simple steps instead (only Washington, plus some areas: 5 counties in Oregon). After the interest the money could earn in a savings account anyway (we use 4% a year), $15,000 of savings adds about $75 a year in the median state. A paycheck does far better: with $2,000 every two weeks, direct deposit bonuses come to about $3,950 in the median state, without parking anything.
Modeled for accounts opened over the next 12 months, after fees, before taxes. No paycheck or benefit goes to these accounts. The person can park the savings shown for a few months, one account after another, and our plans subtract the interest that money could have earned at 4% a year elsewhere. It also assumes every requirement is met on time and no prior accounts at these banks. Your own number depends on your pay, state and the banks you've already used.
Almost every checking bonus needs part of a paycheck or a benefit sent by direct deposit. The few that don't usually pay you for keeping savings in the account for a few months, or for a few simple steps like debit card purchases. Savings offers tie up money instead of a paycheck, so the real question is how much the bonus beats what that money earns now.
| Bank | Bonus | To qualify | Where |
|---|---|---|---|
| Huntington Platinum Perks Checking | $600 Needs $25,000 parked, more than the $15,000 in the headline (see the table by savings below) | Needs $25,000 parked, more than the $15,000 in the headline (see the table by savings below)$25,000 deposited within 90 days, kept 90 days Monthly fee: $25 a month, waived with $25,000 in balances, which the required deposit covers | 21 states Open by January 15, 2027 |
| Capital One 360 Performance Savings | $300 Needs $20,000 parked, more than the $15,000 in the headline (see the table by savings below) | Needs $20,000 parked, more than the $15,000 in the headline (see the table by savings below)$20,000 deposited within 15 days, kept 90 days Monthly fee: None | Nationwide No end date stated |
| Chase Chase Savings | $200 Our plans for this much savings net about $52. | Our plans for this much savings net about $52.$15,000 deposited within 30 days, kept 90 days Monthly fee: $5 a month, waived with a $300 balance at the start of each day (open it with $300 or more) | Nationwide Open by January 27, 2027 |
| Red Canoe Credit Union Elevate Checking (new membership) | $150 Full amount in our plans (Washington, plus some areas: 5 counties in Oregon). | Full amount in our plans (Washington, plus some areas: 5 counties in Oregon).10 debit purchases within 45 days + turn on e-statements Monthly fee: None | Washington, plus some areas: 5 counties in Oregon Open by December 31, 2026 |
| Bank of Hawaii Regular Savings | $75 Our plans for this much savings net about $42. | Our plans for this much savings net about $42.$5,000 deposited within 30 days, kept 60 days Monthly fee: $5 a month, waived with a $300 balance (open it with $300 or more) | 50 states No end date stated |
Every offer is checked against the bank's own terms within the last 14 days. Bank bonuses are generally taxable income.
| Savings you can park | Median state | Most states |
|---|---|---|
| $5,000 | $25 | $25 |
| $15,000 | $75 | $75 |
| $25,000 | $125 | $125 to $250 |
Accounts opened over the next 12 months using only these offers, one after another, after fees and after the 4% a year the money could have earned elsewhere, before taxes. That 4% is subtracted even where the account pays its own interest (Capital One's does), so the real figure there is higher. "Most states" is the middle 80%.
It depends on what that money earns now. Huntington's $600 for $25,000 tied up about 180 days works out to about 4.9% a year on that money. Capital One's $300 for $20,000 tied up about 90 days works out to about 6.1% a year on that money. The account itself pays interest on the whole balance (Capital One calls its rate one of the best savings rates in America), so this bonus comes on top of that interest. Chase's $200 for $15,000 tied up about 90 days works out to about 5.4% a year on that money. Bank of Hawaii's $75 for $5,000 tied up about 60 days works out to about 9.1% a year on that money. Each bonus comes on top of any interest the account pays. You can usually move the money in near the end of the bank's deposit window, so it earns interest where it is until then (not at Huntington, where that balance is also what waives the monthly fee). Only use cash you won't need, because moving it out early usually cancels the bonus.
Direct deposit bonuses don't tie up savings: you send part of your paycheck to the new account for a month or two and keep spending it as usual. With a $2,000 paycheck every two weeks, our model projects about $3,950 in the median state, without parking anything. How to split your direct deposit. In your plan's settings you can also add savings you could park, and we'll fit these offers in.
Yes, but there are only a few. Most ask you to keep savings in the account for about 90 days instead. The list on this page is every verified offer that needs no direct deposit right now.
Usually not. Most banks want payroll or a government benefit. A few banks count any ACH transfer; their bank pages here quote that.
Often, if the money would otherwise sit in a low-rate account. Compare the bonus with the interest you'd give up, and only use cash you won't need, because moving it out early usually cancels the bonus.