It's been a good year for bank bonuses

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Dec 1, 2022
4:03:39pm

wannnacruise All-American

It's been a good year for bank bonuses

I started hitting them pretty aggressively starting last December, and so far I'm just over $14k for the year between me and my wife. Great way to make some extra cash with very little effort. Really nice that I can change my direct deposit account at work myself without having to bug anybody.

Just wanted to pass that along for anyone looking for an easy way to make some extra money. I estimate I've probably spent 15 or so hours over the past year on this.

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wannnacruise

Previous username: magical cow0
Bio page: wannnacruise
Joined: Aug 31, 2007
Last login: Nov 27, 2024
Total posts: 5,648 (1 FO)

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Messages

Author

Time

It's been a good year for bank bonuses

12/1/22 4:03pm

Details?

Jericho

12/1/22 4:04pm

Here's the list of accounts I've hit so far

12/1/22 4:07pm

Wells Fargo has $200 after DD of $1000 within 90 days (not on list)

BYUFootballisBack

12/1/22 4:13pm

All of those over $600 should issue a 1099 this year. And given the number of

Nat Gas Man

12/1/22 4:20pm

The banks will all issue him the appropriate tax documents, even for $200 ones

BYUFootballisBack

12/1/22 4:22pm

The bonuses are taxable whether you receive a 1099 or not. Just report them as

allaboutthegainz

12/1/22 4:23pm

Yup I'm bracing for it

12/1/22 4:26pm

Many of those will be for amounts over $10 as the bonus will be treated as

Ozymandias

12/29/22 2:06pm

RE: Here's the list of accounts I've hit so far

Manadyne

12/30/22 3:10pm

I wish I could do my own DD changes... I do 1, sometimes 2 a year, and always

BYUFootballisBack

12/1/22 4:07pm

You may need to elaborate more on the "what you did" piece.

12/1/22 4:10pm

Typically its just open an account and setup direct deposit, hold for required

BYUFootballisBack

12/1/22 4:11pm

Sign up for a new bank account, do the required direct deposit, get the bonus

12/1/22 4:12pm

RE: Sign up for a new bank account, do the required direct deposit, get the bonus

12/1/22 4:18pm

Is there a specific source where you see them being offered? Or do you just keep an eye and ear out for banks

RootieBoy

12/2/22 8:48am

A little bit of both. Part of a FB group called "Bank Bonus 102"

12/2/22 9:05am

Gotcha. So DD has to come from your employer? Is there any other way around it? I am self-employed but wouldn't mind

RootieBoy

12/2/22 9:41am

DD is easiest for me since it's so easy to change

12/2/22 9:46am

RE: It's been a good year for bank bonuses

Matt6VZ

1/3/23 4:19pm

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