Ally Bank $300 Cash Bonus – Ends 11/18/25

Ally Bank is offering a substantial $300 cash bonus for new Spending Account customers who meet direct deposit requirements. Here’s everything you need to know about this promotion.

Want the best bank bonuses nationwide? Check out our top picks here—including huge offers from BMO, CIT Bank and Axos Bank that you won’t want to miss!

The Offer Details

Bonus Amount: $300 cash
Promo Code: GET300
Deadline: Must use code by November 18, 2025
Account Type: First Ally Bank Spending Account only

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Open a new Chase Total Checking® account and earn a $400 cash bonus* when you receive $1,000 or more in qualifying direct deposits within 90 days of coupon enrollment. Avoid the...Show More

Open a new Chase Total Checking® account and earn a $400 cash bonus* when you receive $1,000 or more in qualifying direct deposits within 90 days of coupon enrollment. Avoid the $15 monthly fee with qualifying deposits or balances, and enjoy access to 5,000+ branches and 14,000+ ATMs nationwide. Offer ends 10/14/26. Show Less

Earn $400

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How to Qualify (3 Simple Steps)

Step 1: Open Your Account

• Open your first Ally Bank Spending Account
• Use promo code GET300 by November 18, 2025
• Add money within 30 days or the account will close

Step 2: Set Up Direct Deposits

• Establish qualifying direct deposits of at least $1,000 per month
• Must maintain this for two consecutive months
• First $1,000+ direct deposit must post within 60 days of account opening

Step 3: Receive Your Bonus

• Ally pays the $300 bonus within 30 days of your second qualifying direct deposit
• Keep your account open and in good standing to receive payment

Trending Savings Account Deal:

CIT Bank Platinum Savings: Earn Up to 4.10% APY

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Looking for a safe, high-yield place to grow your savings before the year ends? Enjoy up to a 4.10% APY for 6 months on balances of $5,000 or more with promo code CITBoost. This offer expires on 5/31/26. Open your account online with as little as $100, fund it easily through transfer or mobile deposit, and start earning one of the most competitive savings rates in the country today.1 Platinum Savings is a tiered interest rate account. Interest is paid on the entire account balance based on the interest rate and APY in effect that day for the balance tier associated with the end-of-day account balance. APYs — Annual Percentage Yields are accurate as of July 1, 2026: 0.25% APY on balances of $0.01 to $4,999.99; 3.75% APY on balances of $5,000.00 or more. Interest Rates for the Platinum Savings account are variable and may change at any time without notice. The minimum to open a Platinum Savings account is $100.2 Based on comparison to the national average Annual Percentage Yield (APY) on savings accounts as published in the FDIC National Rates and Rate Caps, accurate as of July 20, 2026.Boost Disclaimer: This is a limited time offer available to New and Existing customers who meet the Platinum Savings APY Boost promotion criteria. Accounts enrolled in the Platinum Savings Annual Percentage Yield (APY) Boost promotion will receive a 0.35% APY boost on the Platinum Savings current standard APY tiers for 6 months following the opening of a new account or when an existing Platinum Savings account is enrolled in the promotion. The Platinum Savings APY boost will be applied on account balances up to $9,999,999.00. Account balances above $9,999,999.00 will earn the standard APY. If the standard-published APY should change during the promotion period, the APY boost will move with it, offering an account APY above the standard rate. The Promotion begins on February 13, 2026, and ends August 31, 2026. Customers enrolled in the promotion prior to the end date will receive the APY boost for the 6month period outlined in the terms and conditions. The promotion can end at any time without notice.For complete list of account details and fees, see their Personal Account Disclosures at https://www.cit.com/cit-bank/resources/forms Show Less

Earn Up to 4.10% APY

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What Counts as Qualifying Direct Deposit

Based on typical bank requirements, qualifying direct deposits usually include:

• ✅ Payroll from employer
• ✅ Government benefits (Social Security, unemployment)
• ✅ Pension payments
• ❌ ACH transfers from other banks you own
• ❌ Mobile check deposits
• ❌ Wire transfers

Check Ally’s full terms for specific exclusions

Account Benefits Beyond the Bonus

No Fees Structure:

• No minimum balance requirements
• No hidden fees
• No overdraft fees ever
• Up to $10 monthly ATM fee reimbursement

Interest Rates:

• 0.10% APY on balances under $15,000
• 0.25% APY on balances over $15,000

Additional Features:

• Early direct deposit (up to 2 days early)
• “Buckets” for spending organization
• 24/7 customer support
• FDIC insured up to maximum limits

The Math: Is This Worth It?

Required Commitment: $2,000 total in direct deposits over 2 months
Reward: $300 cash bonus
Effective Return: 15% on your required deposits

This is an excellent return, especially since you’re likely already receiving direct deposits elsewhere that you can redirect to Ally.

Trending Savings Account Deal:

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Up to $1,500 & Top APY

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Important Considerations

Timeline Requirements:

• Account opening: By November 18, 2025
• First direct deposit: Within 60 days of opening
• Second direct deposit: Must be consecutive month after first
• Bonus payment: Within 30 days of second deposit

Account Requirements:

• Must be your first Ally Bank Spending Account
• Account must remain open and in good standing
• Joint accounts are eligible (check terms for specifics)

How to Set Up Direct Deposit

You’ll Need:

• Account number (available after opening)
• Ally’s routing number: 124003116
• Direct deposit form from your employer

Process:

1. Contact your HR/payroll department
2. Provide Ally account details
3. Request at least $1,000 monthly to new account

Bottom Line

This is one of the stronger bank bonuses available, requiring only direct deposits you’re likely already receiving. The $300 bonus, combined with Ally’s fee-free structure and competitive rates, makes this an attractive option for anyone looking to switch checking accounts.

Key Success Factor: Ensure your direct deposits total at least $1,000 monthly for two consecutive months. Many people split their paycheck between accounts, so you might direct a portion to Ally while keeping some at your current bank during the qualification period.

Always review the complete terms and conditions before opening any new account.