$300 Bonus Offered by American Express to New Rewards Checking Customers

American Express has launched another bonus offer for its Rewards Checking account. To qualify, new customers must open an American Express Rewards Checking account and receive a direct deposit of $7,500 or more within 90 days. This is subject to approval and the customer cannot have had a Rewards Checking account before.

The key terms for the offer include: earning a welcome bonus of $300 after opening the account and meeting the direct deposit requirement; qualifying direct deposits must be from an employer or the government, such as a paycheck, pension, or tax refund. Non-qualifying direct deposits include person-to-person transfers, internal transfers, and online transfers.

It's worth noting that this offer may disqualify some readers, including current and former Rewards Checking account customers. However, for those who have not had a Rewards Checking account before, this could potentially be an easy way to earn $600 in a two-player household.