This no-fee Amex checking account is offering a $300 bonus for a limited time — how to qualify

If you've been looking for a reason to switch checking accounts, American Express is sweetening the deal. For a limited time only, new Amex Rewards Checking customers can score a pretty good welcome bonus : Earn $300 after opening an account by July 30, 2026, and receiving a total of $7,500 or more in qualifying direct deposits within the first 90 days. You can't have previously held an Amex Rewards Checking account, and the $300 will be deposited within up to eight to 12 weeks of satisfying the requirements. Here's more on the Amex Rewards Checking. American Express National Bank is a Member FDIC. Monthly maintenance fee Minimum deposit to open Minimum balance Annual Percentage Yield (APY) Free ATM network ATM fee reimbursement Overdraft fee Mobile check deposit Click here to view terms and conditions. Pros Free ATM network No monthly fees ATM fee reimbursement No minimum deposit to open an account No overdraft fees Can transfer rewards Cons Only available for existing Amex cardholders who've had a card account open for at least three months What else Amex Rewards Checking offers Pro tip: You can pair this card with an Amex bank account Offers in this section are from affiliate partners and selected based on a combination of engagement, product relevance, compensation, and consistent availability. …