A Checking Deposit Bonus is an incentive offered by banks to attract new customers or encourage existing ones to maintain higher balances. Typically, this bonus is awarded when a customer opens a new checking account and meets specific requirements, such as making a minimum deposit or completing a certain number of transactions within a set timeframe. These bonuses can vary in amount and may come with terms and conditions, making it essential for customers to read the fine print. Overall, a Checking Deposit Bonus can be a great way to earn extra money while managing your finances.