5 Best Bank Bonuses Without Direct Deposit August 2026

However, it’s worth noting that it doesn’t offer many valuable features or benefits and it’s not an interest-bearing checking account. This account has an extremely generous annual percentage yield (APY), whether your balance is $100 or $100,000. SoFi® offers a high-yield checking and savings account with no fees and impressive APYs, and there’s no minimum balance to earn the maximum rates. If you’re looking to open a new savings or checking account with no minimum initial deposit and no ongoing minimum balance requirements, you’re in luck. If you’re searching for free checking accounts, here are answers to common questions.
Some accounts with no monthly fees, whether checking or savings, are typically offered by online banks that don’t charge monthly service fees, but they may not be entirely without costs. Credit unions may offer checking accounts with no monthly fees that don’t have some of these downsides, for example, by having physical branches. Checking accounts with no monthly fees may have certain limitations, such as offering lower interest rates or providing fewer fee-free ATM withdrawals compared to premium accounts. Make the minimum opening deposit of $10 and a total of $2,000 or more in eligible direct deposits within the first 90 days of account opening.
The mobile app and website are easy to navigate, offering a variety of personal, business, commercial, and wealth products. For one, it’s one of the few options that provides physical branches for those customers who want to work with a real person. (There’s no need to keep a minimum balance just to avoid fees). Whether you’re looking for a basic free checking account or to earn interest on higher checking account balances, the Axos Bank Rewards Checking Account will serve you well. Our pick for the best no minimum checking account was an easy decision thanks to just how attractive this checking account is.
As a rule, no account is worth opening just for a bonus, but check out our list of the easiest banks to get approved for to discover some easy-to-open online accounts that offer bonuses. Some savvy customers use promotions strategically to maximize returns, but it requires careful tracking to avoid fees, minimum balance penalties, or impacts to creditworthiness. This is very easy if you live in an area with different banks on every corner, and you have a generous emergency fund. While getting a bank bonus might sound easy, it usually requires some effort. You’ll only get paid if you deposit at least $100 in your savings account for 12 consecutive months. But a monthly fee for such a stripped-down bank account is annoying, and the best free checking accounts offer far more ongoing perks than this one will after you’ve earned the bonus.

What Is “No Deposit” Car Insurance, Really?

You must make 10 qualifying transactions in 60 days to earn the bonus. If you’re looking for a checking account with no minimum opening deposit requirement, check out the Chase Secure Banking account, which frequently offers sign-up promotions. We’ve tracked down some of the best bank account bonuses with no direct deposit requirements. You’ve probably seen these sign-up bonuses and kickback new customer offers advertised countless times for checking and savings accounts.

How can I find brokers with zero fees on deposit and withdrawal?

  • However, it’s worth noting that it doesn’t offer many valuable features or benefits and it’s not an interest-bearing checking account.
  • New users get a 30-day free trial before the first monthly fee applies.
  • We’ve analyzed the top checking accounts available today to find the best-of-the-best in the no monthly fee bank accounts category.
  • The Key Smart Checking account is one of the only bank accounts like it from a traditional brick-and-mortar bank because it doesn’t have a monthly service fee you have to avoid.
  • Fulton Bank, headquartered in Lancaster, PA, offered a bonus of up to $250, with no direct deposit requirements.

Fulton Bank, headquartered in Lancaster, PA, offered a bonus of up to $250, with no direct deposit requirements. U.S. Bank usually requires customers to set up direct deposits to earn bonuses, but there weren’t any direct deposit requirements to earn a $300 bonus with a Standard Savings account. Next time you’re wondering what banks give you money for opening an account without direct deposit, check this list. Since many businesses may not receive direct deposits from clients, these offers make it easy to take advantage of bonus cash, regardless of how your customers pay you. Small business owners can also take advantage of sign-up bonuses with no direct deposit requirements. Flushing Bank allows new Complete Checking customers to earn up to $2,500 in a cash bonus when they maintain a minimum average balance for three months.

  • If you’re looking for the best overall online banks for other products besides just checking accounts, take a look at NerdWallet’s picks for the best online banks.
  • When choosing from the best free bank accounts, it’s important to take your time and choose wisely.
  • There are also a few rare treasures in this list — checking accounts with no direct deposit requirements to earn a sign-up bonus.
  • Alright, so we know you’re wondering, “How did they land on this killer list of the best ‘no minimum’ checking accounts?
  • The Barclays Tiered Savings signup offer requires you to deposit and maintain a minimum balance in order to earn the $200 bonus.
  • The best online checking accounts have no monthly fees and offer interest or cash back on spending.
  • You’ll also want to note that while there is no minimum opening deposit for the account itself.

This allows you to transfer funds quickly and easily between the two accounts and helps you avoid the processing time of a wire transfer from another account. Though you typically sacrifice high annual percentage yield (APY) for this level of accessibility, some of the accounts on this list break that norm. APYs are subject to change at any time without notice. Rates are variable, subject to change. The good news is that online banks are shaking things up with high-yield savings accounts that earn 10x the national average APY, have no hidden fees, and are easy-to-use digital platforms.
Savings accounts without minimum balance requirements might require you to deposit some funds within a couple of months to “break in” the account, even when they don’t have ongoing minimums. Many high-yield savings accounts available today have no minimum opening deposit requirements. To choose the best high-yield savings accounts with no minimum balance requirements, we analyzed dozens of accounts that offer competitive APYs without requiring a minimum opening deposit or ongoing balance.

Best Checking Accounts That Waive or Reimburse Overdraft Fees

Cryptocurrency availability with easyMarkets is subject to regulation. The Brokers with zero fees on deposit and withdrawal working capital and client-funded accounts must be kept separate to avoid conducting business with client funds. It’s recommended to read the broker’s terms and conditions and seek clarification from a trading broker or customer support to avoid unexpected charges. Rates are subject to change; unless otherwise noted, rates are updated periodically.

This account comes with a monthly fee unless you meet the requirements to waive it. The Premium Savings signup offer requires you to deposit and maintain a minimum balance in order to earn the $400 bonus. The $400 bonus on a $20,000 deposit works out to about a 2% return on top of the promotional rate, which stacks nicely for the first six months. The Eastern Statement Savings signup offer requires you to deposit and maintain a minimum balance in order to earn the $250 bonus.

Our fee policy is subject to change at any time. American Express Rewards Checking has no minimum opening deposit, monthly account fee, or minimum balance requirement. NFCU also offers optional overdraft protection to help you avoid overdraft fees. It has no minimum opening deposit, monthly maintenance fee, or minimum balance requirement. The nbkc Everything Account combines checking and savings features in one interest-bearing account. The Ally Bank Spending Account has no minimum opening deposit, monthly maintenance fee, overdraft fee, or minimum balance requirement.