What Works for Direct Deposit Requirements for Bank Account Bonuses

This is a list that will help you figure out how to meet direct deposit requirements for bank account bonuses. When a direct deposit is part of the requirements to get a new account bonus, a regular direct deposit from your employer will always work. However, in most cases a simple ACH transfer from another bank account will also do the trick. Below you can find a list of what ACH transfers work for each institution.

Let me know in the comments of any recent data points that I can add, or any of the listed options that no longer work. See below to find out what works for direct deposit requirements for bank accounts that I often write about here on the site.

Bank of America

Doing a ACH transfer from the following accounts will count as a direct deposit:

• Serve
• SoFi Money
• Transferwise
• Treasury Direct
• Wealthfront

Bank of the West

Doing a ACH transfer from the following accounts will count as a direct deposit:

• Capital One
• Chase
• Discover
• PayPal

BMO Harris

Doing a ACH transfer from the following accounts will count as a direct deposit (last updated 11/12/20):

• TransferWise

Capital One 360

Doing a ACH transfer from the following accounts will count as a direct deposit:

• Goldman Sachs
• Robinhood

Chase

Doing a ACH transfer from the following accounts will count as a direct deposit:

• Firstrade
• Goldman Sachs
• M1 Finance
• PenFed
• SoFi Money
• SoFi Invest

Comerica

Doing a ACH transfer from the following accounts will count as a direct deposit (last updated 11/12/20):

• Capital One
• Wells Fargo

Fifth Third Bank

Doing a ACH transfer from the following accounts will count as a direct deposit:

• Ally
• Capital One
• Charles Schwab
• Chase
• Discover
• Paypal

SAFE Credit Union

Doing a ACH transfer from the following accounts will count as a direct deposit:

• Discover

Santander Bank

Doing a ACH transfer from the following accounts will count as a direct deposit:

• Alliant
• Ally Bank
• Chase
• Fidelity
• Wells Fargo

Service Credit Union

Doing a ACH transfer from the following accounts will count as a direct deposit:

• Alliant
• Discover
• SoFi Money

US Bank

Doing a ACH transfer from the following accounts will count as a direct deposit:

• Alliant
• Ally
• Capital One
• Charles Schwab
• Discover
• PNC
• SoFi Money
• Tech CU
• USAA
• Wells Fargo