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A New Account Direct Deposit Bonus is an incentive offered by banks and financial institutions to attract new customers. When you open a qualifying account and set up direct deposit, you can receive a cash bonus, typically ranging from $50 to several hundred dollars. This promotion encourages individuals to switch banks or open new accounts, making it easier to manage finances. To qualify, customers usually need to meet specific requirements, such as maintaining a minimum balance or completing a certain number of direct deposits within a specified timeframe. Always read the terms and conditions to maximize your benefits.

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