A Bank Direct Deposit Bonus is an incentive offered by financial institutions 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 having a certain amount deposited 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, customers can enjoy quicker access to their funds while avoiding the hassle of paper checks.