Ameriprise Financial $200 Cash Management Bonus [Nationwide] – Ends 8/31/23

For a limited time, you can receive a $200 cash bonus with Ameriprise ONE Financial when you add a new recurring electronic direct deposit to your Cash Management account. Get the details below.

Offer Details

• What you’ll get: $200
• Where it’s available: Nationwide
• How to earn it: Eligible Ameriprise ONE Financial Account clients can earn a $200 bonus.
  • Add a new, qualifying recurring electronic direct deposit to an eligible Ameriprise ONE Financial Account.
  • To qualify for the bonus:
    • Set up qualifying direct deposit(s) totaling at least $3,000.00 within a single calendar month.
    • Maintain this qualifying direct deposit amount for three consecutive calendar months (total of $9,000).
    • Direct deposit should be made to a new or existing Ameriprise ONE Financial Account.
• When it expires: 8/31/2023

READ MORE: GET TOP OFFERS FROM CHASE, AXOS, AND BMO.

Waive The Monthly Fee

This account has no monthly fees.

Fine Print

• New Money Cash Bonus offer: Eligible Ameriprise ONE Financial Account clients can earn a $200 bonus.
• Qualification: Add a new, qualifying recurring electronic direct deposit before the expiration date.
• Minimum direct deposit requirement: Set up qualifying direct deposit(s) totaling at least $3,000.00 within a single calendar month for three consecutive calendar months (total of $9,000).
• Direct deposit criteria: Must be from an employer, payroll, pension, or governmental benefits provider via ACH deposit. Other deposits like checks, P2P transfers, merchant transactions, and non-employer bank ACH transfers do not qualify.
• Timeline: First eligible ACH direct deposit must be received between June 1 and August 31, 2023. The third qualifying deposit must be received by October 31, 2023, for bonus eligibility.
• Bonus payment: Paid to the qualifying Ameriprise ONE Financial Account the month after the third qualifying direct deposit is received.
• Eligibility: Available to clients with new or existing Ameriprise ONE Financial Accounts (individual, joint, or revocable trust) without any direct deposits in the prior calendar month.
• Ineligible accounts: Ameriprise Strategic Portfolio Service (SPS) Advantage, SPS Advisor, Active Portfolios, IRAs, retirement accounts, and Ameriprise Bank Savings Account.
• One-time bonus: Limited to a one-time bonus per account.
• Tax implications: The received bonus may be considered taxable income and will be reported as interest earned on IRS form 1099-INT. Recipients are responsible for applicable taxes.
• Additional restrictions may apply. Standard account terms, conditions, and opening procedures apply.
• The Ameriprise ONE Financial Account is a brokerage account with cash management features.

READ MORE: GET UP TO $700 WITH A NEW INVESTING ACCOUNT WITH THIS OFFER

Bottom Line

It is always nice to come across a bonus that benefits existing users.

While the direct deposit requirement may be high and the specific triggers for qualifying deposits are not mentioned, this bonus is still worthwhile for individuals who can easily transfer their direct deposits.

However, opening an account online is not possible.

See More:

• Ameriprise Financial’s Savings Bonus: Earn Up to $500 – Ends 8/30/24
• Ameriprise Financial Promotion: $500 Savings Bonus [Nationwide] – Ended

READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.