What Works for Direct Deposit Requirements for Bank Account Bonuses

Direct Deposit Requirements for Bank Accounts

List: What Works for Direct Deposit Requirements

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

BB&T Bank

Doing a ACH transfer from the following accounts will count as a direct deposit (last updated 1/20/21):

  • Alliant
  • Charles Schwab Brokerage
  • Chase

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:

Cash App

Doing a ACH transfer from the following accounts will count as a direct deposit (last updated 10/26/21):

  • Schwab

Chase

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

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 (last updated 11/3/21):

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

Huntington Bank

Doing a ACH transfer from the following accounts will count as a direct deposit (last updated 9/10/21):

  • Ally
  • Chase
  • PNC

Monifi

Doing a ACH transfer from the following accounts will count as a direct deposit (last updated 11/21/21):

  • Alliant
  • Ally
  • Capital One
  • Charles Schwab
  • Robinhood
  • Wells Fargo

People’s United Bank

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

  • Alliant

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:

Stoneham Bank

Doing a ACH transfer from the following accounts will count as a direct deposit (last updated 10/29/21):

  • Capital One 360
  • Wells Fargo

US Bank

Doing a ACH transfer from the following accounts will count as a direct deposit (last updated 11/13/21):

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

Wells Fargo

Doing a ACH transfer from the following accounts will count as a direct deposit (last updated 8/16/21):

  • Bank of America
  • Citi
  • HSBC
  • PNC
  • Robinhood
  • Santander

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