Banks offering sign-up bonuses with no deposit requirements provide an attractive opportunity for new customers to earn rewards without any initial financial commitment. These promotions typically allow individuals to open a checking or savings account and receive a cash bonus simply for meeting specific criteria, such as setting up direct deposits or making a certain number of transactions. This approach not only incentivizes new account openings but also encourages customers to explore the bank's services, making it a win-win for both parties. Always read the terms and conditions to ensure eligibility and maximize benefits.