Checking account deposit bonus offers an enticing incentive for new customers to open an account. Typically, banks provide a cash bonus when you meet specific requirements, such as making a minimum deposit or maintaining a certain balance for a set period. This bonus can enhance your savings and encourage responsible banking habits. However, it's essential to read the fine print, as terms and conditions may vary between institutions. Overall, a checking account deposit bonus can be a smart way to maximize your financial benefits while enjoying the convenience of a checking account.