A Direct Deposit Bonus is an incentive offered by banks or financial institutions to encourage customers to set up automatic deposits into their accounts. Typically, this bonus is a one-time cash reward credited to the account after a specified number of direct deposits are made within a certain timeframe. This promotion not only helps customers streamline their finances but also fosters loyalty to the institution. By opting for direct deposit, customers can enjoy quicker access to their funds while benefiting from the added bonus, making it a win-win situation for both parties.