Earn $300 Cash Bonus with American Express Rewards Checking Account
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Earn $300 Cash Bonus with American Express Rewards Checking Account

Earn $300 Bonus

Expires: July 31, 2026

American Express is handing out a $300 welcome bonus to new Rewards Checking account holders — and there are no monthly fees to worry about!

How to Earn the $300 Bonus

  1. Open a new American Express Rewards Checking account (must be a personal account — business checking is not eligible)
  2. Receive $7,500 or more in qualifying direct deposits within 90 days of account opening
  3. Your $300 bonus will be deposited into your account after requirements are met

Key Details

  • Bonus amount: $300
  • Direct deposit required: $7,500+ within 90 days
  • Availability: Nationwide (personal accounts only)
  • Monthly fees: None
  • Credit pull: Soft pull only
  • Household limit: None
  • Offer expires: July 31, 2026

Things to Know

  • Only existing American Express card members with a U.S. Basic Consumer Card (3+ months tenure) are eligible to apply
  • Qualifying direct deposits must be ACH transfers from an employer or government (paychecks, Social Security, tax refunds, etc.)
  • P2P transfers and bank-to-bank transfers do not count as qualifying deposits
  • The bonus may be reported as taxable income on IRS Form 1099
  • You must keep the account open and in good standing until the bonus is awarded

This is a solid, no-fee checking account bonus with a straightforward requirement. A great way to pocket $300 just for routing your direct deposits!

Note:

  • Prices and availability may change without prior notice
  • Check the retailer's website for the most current pricing

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