One Direct Deposit Bonus is a financial incentive offered by banks or credit unions to encourage customers to set up direct deposit for their paychecks or government benefits. Typically, customers receive a cash bonus after meeting specific criteria, such as making a minimum deposit within a designated timeframe. This bonus not only rewards customers for choosing direct deposit but also promotes financial convenience and security. By opting for direct deposit, individuals can enjoy quicker access to their funds while avoiding the hassle of paper checks.