A bank account deposit bonus is an incentive offered by financial institutions to attract new customers or encourage existing ones to deposit funds. Typically, this bonus comes in the form of cash or interest credits, awarded when a customer meets specific criteria, such as maintaining a minimum balance or making a qualifying deposit within a set timeframe. These bonuses can enhance the overall value of a bank account, making it more appealing for individuals looking to maximize their savings. However, it's essential to read the terms and conditions to understand any requirements or limitations associated with the offer.