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Bank Account Deposit Bonus is an enticing offer that rewards new customers for opening an account and making an initial deposit. Typically, financial institutions provide a cash bonus or interest rate boost when certain deposit thresholds are met within a specified timeframe. This incentive not only encourages individuals to save but also helps banks attract new clients. By taking advantage of these bonuses, customers can enhance their savings potential while enjoying the benefits of a new banking relationship. Always read the terms and conditions to maximize your rewards!