A major US bank is offering a $250 bonus—here’s how just $1 a day could unlock it

There are moments when a little planning can unlock a lot of extra cash, and this week is one of them. A limited-time offer is quietly wrapping up, and those who miss it will have to watch the chance disappear.

It’s not about clipping coupons or hunting down discounts at Target or Walmart—this deal sits inside your own bank account.

The window of opportunity is closing fast, and the reward waiting on the other side isn’t just symbolic but actual money on the table that could make a noticeable difference.


One major US bank is handing out $250 bonuses to new checking account holders, with no complicated hoops or massive transfers required.

To qualify, customers need only open an account and set up direct deposits totaling at least $100 within 90 days.

That’s about $1.12 per day—a fraction of what many spend on coffee—in exchange for free cash. The bonus is credited within 60 days of the first qualifying deposit, giving eligible users a quick payoff.

Opening the account is simple, requiring just a $25 deposit, some personal details, and a verified direct deposit.


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A major US bank is offering a $250 bonus. Image source: USAA


The bank sweetens the deal with no monthly service fees, up to $10 in ATM fee refunds per statement, and no minimum balance requirements after opening.

Accounts can be created online in just a few minutes, making the process convenient. For many, this turns an ordinary checking account into an easy money-maker.

Who’s Eligible​

The offer is available to:
  • Current and former military members
  • Employees of certain federal agencies
  • Immediate family members, such as spouses and children

Beyond this, the promotion is tied to the bank’s Classic Checking account, which has been rated highly by US News for its low fees and widespread ATM access.

While the $250 payout is attractive, it’s not the only deal out there right now. Chase, TD Bank, and Capital One are also running promotions, with some requiring higher deposit thresholds for larger rewards.

The Bank of Montreal, for example, is offering a $400 bonus, though it comes with a steep $4,000 deposit requirement within 90 days.

Compared to those, this limited-time deal stands out as one of the easiest to secure before the deadline.


The offer expires September 3, leaving just days for anyone eligible to act. With no ongoing obligations, the reward is essentially free money for setting up a basic account.

In today’s financial climate, where every extra dollar counts, this is the kind of opportunity worth jumping on.

Missing it would mean leaving $250 behind that could have gone straight to savings, groceries at Costco, or even the next utility bill.

Read next:
Key Takeaways

  • Customers can secure a $250 bonus by opening a Classic Checking account and setting up $100 in deposits over 90 days.
  • The deadline is September 3, with payout expected within 60 days of the first direct deposit.
  • Eligibility includes military members, federal employees, and their immediate families.
  • Other banks, including Chase and BMO, are running deals, but many require higher deposits than this USAA promotion.
Would you jump on this bonus for a quick $250, or do you prefer sticking with your current bank? Drop your thoughts below
 

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News, deals, games, and bargains for Americans over 60. From everyday expenses like groceries and eating out, to electronics, fashion and travel, The GrayVine is all about helping you make your money go further.

The GrayVine

The GrayVine searches for the best deals, discounts, and bargains for over 60's. From everyday expenses like groceries and eating out, to electronics, fashion and travel, we're all about helping you make your money go further.
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