Deposit Diary Daily #354
Nationally Available Bank Bonuses With No Direct Deposit, May 12, 2025
Nationally Available Bank Bonuses
While there are several competitive bonuses (checking and savings accounts) available, the number of good bonuses without a direct deposit requirement are limited.
The long-running “no DD” bonuses offered by Capital One, Alliant Credit Union, and Citi continue to be available without any changes.
The CIT Bank, Discover, and Wells Fargo Bank savings account bonuses are still available. While the CIT Bank and Discover bonuses can be applied for online, the Wells Fargo Bank bonus requires a branch visit. (Note: Wells Fargo Bank has a brick-and-mortar presence in 39 states and the District of Columbia.)
Live Oak Bank’s $300 Cash Bonus is currently scheduled to end soon - May 16, 2025.
I’ve also included Raisin’s Spring 2025 $250 bonus, which applies to the entire Raisin product line (savings, CDs, and No-Penalty CDs).
Capital One 360 Performance Savings Bonus ($300, $750, $1,500)
$300 bonus requires $20,000-$49,999.99 deposit
$750 bonus requires $50,000-$99,999.99 deposit
$1,500 bonus requires $100,000+ deposit
How to Earn the Bonus:
Open a new 360 Performance Savings account using promo code BONUS1500.
Deposit a total of at least $20k of new money during the 15-day Initial Funding Period.
Maintain the required deposit for 90 days following the 15-day Initial Funding Period.
Bonus will be deposited in your new account within 60 days following the 15-day Initial Funding Period and the subsequent 90 day. Translation: bonus pay-date will be anywhere between 106 days and 166 days following account opening.
Who is Eligible?
If you have or had an open Capital One savings account (excluding CDs) and/or money market account as a primary or secondary holder on or after January 1, 2022, you are not eligible for the bonus.
If your account is in default, suspended, closed, or not in good standing, you will not receive the bonus.
Is the Bonus Worth It?
The Capital One 360 Performance Savings account rate is currently 3.60% APY .
Earning $300 in 3 months in a 360 Performance Savings account would require a balance of approximately $33,800.
Earning $750 in 3 months in a 360 Performance Savings account would require a balance of approximately $84,500.
Earning $1,500 in 3 months in a 360 Performance Savings account would require a balance of approximately $169,000.
CIT Bank Platinum Savings Bonus ($225 or $300)
$225 bonus requires at least $25,000 of new money
$300 bonus requires at least $50,000 of new money
How to Earn the Bonus:
Open a new Platinum Savings account using Promo Code “PS2025” with a minimum of $100.
Make one or more deposits within the 30-day period after you open a new account or enroll your existing Platinum Savings account.
Only new funds deposited or transferred from outside of CIT Bank count toward bonus eligibility.
Promotion Details:
There is a limit of one Platinum Savings promotional offer per account and per Primary customer. If multiple Platinum Savings accounts are opened, only one account per primary account owner is eligible.
All customers who qualify for the $225 or $300 bonus offer will receive the bonus in the enrolled Platinum Savings account within 60 days after the 30-day funding period.
Custodial accounts and Trust Accounts are not eligible.
Is the Bonus Worth It?
Earning $250 on $25k in 30 days would required an approximate 10.00% APY.
Earning $300 on $50k in 30 days would required an approximate 7.45% APY.
Citi® Checking Bonus ($750 or $1,500)
$750 bonus requires $30,000 minimum balance
$1,500 bonus requires $200,000 minimum balance
How to Earn the Bonus:
Open a new eligible checking account and enroll in the cash bonus offer the same day. Offer available through July 7, 2025.
Deposit new money in your new checking account within 45 days of account opening. The balance on the 45th day will determine the maximum eligible cash bonus.
Maintain the required minimum balance for an additional 45 days from the 46th day.
The cash bonus will be deposited to your open, eligible checking account within 30 calendar days after you complete all required activities.
Who is Eligible?
Only new Citi checking customers are eligible for this offer.
Is the Bonus Worth It?
Earning $750 in 3 months in a savings account earning 5.00% APY (current highest online bank rate) would require a balance of approximately $61,100.
Earning $1,500 in 3 months in a savings account earning 5.00% APY (current highest online bank rate) would require a balance of approximately $122,300.
Live Oak Bank Personal Savings $300 Cash Bonus
Live Oak Bank’s $300 Cash Bonus when opening a new Personal Savings Account (4.10% APY, $0 min/$5m max) is currently scheduled to end on May 16, 2025.
How to Earn the $300 Bonus:
Open a Live Oak Bank personal savings account by 5/16/25.
Deposit at least $20,000 into your account by 5/16/25.
Maintain a balance of at least $20,000 for 60 days.
$300 cash bonus will be deposited to your open, eligible account within 45 days following the expiration of the 60-day period.
Who is Eligible?
New and Existing Customers qualify for the $300 bonus if the following requirements are met:
The promotion begins on April 14th, 2025.
Only one bonus is available per Tax Identification Number per promotional period.
Only personal savings accounts are eligible for the bonus offer.
A new account must be opened between April 14, 2025 and May 16, 2025 to be eligible.
A new Live Oak Bank personal savings account must be fully funded with at least $20,000 by 11:59 p.m. EST on May 16, 2025 to be eligible for the bonus.
All funding of the new personal savings account must consist of funds originating from an external financial institution to qualify.
Beginning on the date in April or May 2025 that the new account attains a balance of at least $20,000, if the balance remains equal to or exceeding $20,000 for 60 consecutive days, then the account will be eligible for the bonus if all other conditions are met.
Your new account must be open and in good standing at time of payout in order to receive the bonus.
Existing Customers must also “maintain their existing account balances (not including interest accrued but not credited to the account) at or above the end of day balance as of April 13, 2025 11:59:59pm (ET) across their existing personal savings in order to be eligible for the bonus offer.”
Is the Bonus Worth It?
To earn $300 in two months on a $20k balance would require a 9.35% APY.
Discover Online Savings Account Bonus
How to Earn the $150 or $200 Bonus:
Use Offer Code SAV425AGT when applying online for your first Discover Online Savings account.
Deposit a total of at least $15,000 to earn a $150 Bonus, or a total of at least $25,000 to earn a $200 Bonus.
Qualifying deposit(s) may consist of multiple deposits and must post to Account within 45 days of account open date.
Bonus will be credited to the account within 60 days of the account qualifying for the bonus. Account must be open when bonus is credited.
Who is Eligible?
Offer not valid for existing or prior Discover savings customers, including co-branded, or affinity accounts.
Eligibility is based on primary account owner.
Offer ends 6/30/2025.
Is the Bonus Worth It?
The Discover Online Savings account currently earns 3.60% APY.
A $15,000 balance in a Discover Online Savings account would earn about $150 in approximately 3 ½ months.
A $25,000 balance in a Discover Online Savings account would earn about $200 in approximately 2 ½ months.
Alliant Credit Union Ultimate Opportunity Savings Account Bonus
How to Earn the $100 Bonus:
1. Open a new Ultimate Opportunity Savings Account with a minimum $100 initial deposit through December 31, 2025.
2. Deposit at least $100 a month for 12 consecutive months. Initial $100 deposit must be made within 30 days of account opening. Each subsequent month, deposits must post by the last day of the month.
3. At the end of the 12-month term if all requirements have been met, if the balance is at least $1,200 ($100 average daily minimum balance), and the Ultimate Opportunity Savings Account is open and in good standing, $100 bonus will post to your account within four weeks.
Who is Eligible?
Only new Alliant members are eligible for this bonus and are limited to one offer per member. Existing Alliant members, those who are a joint owner on an Alliant savings account, and former Alliant members who closed an Alliant savings account in the past 180 days are not eligible.
Is the Bonus Worth It?
The Ultimate Savings Opportunity account currently earns 3.10% APY on all balances.
Earning $100 in 12-months in a savings account earning 3.10% would require a balance of approximately $3,230.
Raisin
Raisin is offering a limited-time $250 bonus for new customers “when you deposit $25,000 or more with code GET250 at sign-up.” This offer applies to the entire Raisin product line.
Select a savings product and begin our simple sign-up process. Make sure to use code GET250 to be eligible for this bonus offer.
Maintain your deposits for 90 days.
You have 14 days after your initial deposit to make deposits of at least $25,000 to as many products as you'd like.
The FAQ section (at the bottom of the page) reads in part,
Who is eligible for the Spring 2025 bonus?
The offer is available exclusively to new customers registering on the Raisin platform who meet the deposit and maintenance requirements.
How do I enter the bonus code?
Enter the code GET250 during the sign-up process in the promo-code field.
When will I receive the bonus?
The $250 bonus will be deposited into your linked external bank account within 30 days after you satisfy all qualification terms.
Can existing customers participate in this offer?
No, this offer is exclusively for new customers who have not previously registered on the Raisin platform.
What happens if I forget to enter the Bonus Code?
Failure to enter the code GET250 during sign-up will disqualify you from receiving the bonus. Ensure to input the code correctly to qualify.
Is the Bonus Worth It?
Earning $250 in 90 days on a $25k balance would required an APY of approximately 4.05%.
Currently, one of the most competitive Raisin products is a 10-month No-Penalty CD (4.30% APY) offered by Sallie Mae Bank. To earn an additional $250 in interest, the 10-month No-Penalty CD would require an approximate 5.25% APY.