A checking account deposit bonus is an incentive offered by banks to attract new customers or encourage existing ones to maintain higher balances. Typically, these bonuses require account holders to deposit a specific amount within a designated timeframe and may also involve maintaining that balance for a certain period. The bonus can vary in amount, often ranging from $50 to several hundred dollars, and is usually credited to the account after meeting the requirements. This offer can be a great way to earn extra money while managing everyday finances.