Many banks offer direct deposit bonuses as an incentive for new customers to open accounts. These bonuses typically require setting up a direct deposit of a certain amount within a specified timeframe. Once the conditions are met, customers can receive cash rewards, which can range from $50 to several hundred dollars. This promotion not only helps banks attract new clients but also encourages individuals to manage their finances more efficiently. Always read the terms and conditions to ensure you meet the requirements and maximize your benefits.