Discover Bank has increased the bonus on their free Cashback Checking account to $300. The offer is currently only open to Discover customers. Let’s look at the details.
Receive a $300 bonus when you open a Discover Cashback Checking account by 11/15/15 and receive two direct deposits of $250+ each within 90 days.
Note: You won’t see the bonus details on the main screen. Once you click to open the account and sign-in to your current Discover account, you will see the bonus details confirmed.
- Open to Discover credit/deposit customers, excluding current/previous Cashback Checking customers.
- Subject to approval.
- To get $300: Open account between 9/15/15-11/15/15 with code Bonus4915 and receive 2 Direct Deposits (payroll, Social Security, pension) of $250 or more within 90 days of funding.
- Bonus issued as credit to the open account within 30 days of completing requirements.
- Limit 1 per customer/account.
- Bonus will be reported as interest on IRS Form 1099-INT. Offer may be modified/withdrawn.
For more information and a detailed analysis, see this Doctor of Credit post.