Earn $300 Bonus with New American Express Rewards Checking Account

American Express Rewards Checking $300 Bonus

American Express is offering a $300 bonus for customers who open a new American Express Rewards Checking account by July 30, 2026. A direct deposit is required for this bonus, which is available nationwide. Check out the details below.

Offer Details

Earn a Welcome Bonus of $300 after you complete each of the following qualifying criteria:

• Open your first American Express Rewards Checking Account in your name by 07/30/2026, which is subject to approval; and
• Have a total of $7,500 or more of Qualifying Direct Deposit(s) posted to your American Express Rewards Checking Account within the first 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 $500 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 Rewards 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

• Offer available nationwide.
• You are not eligible for this Welcome Bonus if you have an existing Rewards Checking Account or previously had a Rewards Checking Account.
• Each individual customer may only have one Rewards Checking Account at any given time, and a Welcome Bonus cannot be attained more than once.
• The Welcome Bonus may not be transferred, sold, traded, or combined with other Welcome Bonuses.
• Limit one Welcome Bonus per American Express Rewards Checking Account.

Account 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

This is one of the better checking account bonuses we’ve seen from American Express. A $300 bonus is a nice incentive if you can meet the $7,500 direct deposit requirement, and the account also has no monthly fees, earns Membership Rewards points on debit card purchases, and pays 1.00% APY.

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.

 Link & Key Info

• OFFER PAGE
• Max Bonus: $300
• Account Type: Rewards Checking
• Availability: Nationwide
• Type of Inquiry: Soft pull
• Direct Deposit Requirement: $7,500
• Other Requirements: No
• Credit Card Funding: No
• Monthly Fee: No
• Closing Account Fee: Must keep open to receive bonus
• Expiration Date: 10/31/23 7/30/26

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