Spruce Banking Promotions: $20 Direct Deposit Bonus (Nationwide)

Find the latest listing of Spruce Banking promotions, bonuses, and offers here.

Currently, they offer a $20 Direct Deposit Bonus when you open an account and meet certain requirements.

Spruce Banking Promotions Review

Spruce is a mobile banking platform built by H&R Block especially for people who want to be good with money. Set saving goals. Get automatic cash back. Get paid up to two days early.

I’ll review the current Spruce Banking promotions.

Spruce Mobile Banking $20 Direct Deposit Bonus

• What you’ll get: $20 bonus
• Availability: Nationwide
• Direct Deposit Requirement: Yes, $200
• Credit Inquiry: Unknown
• Monthly fees: None
• Early Account Termination Fee: None listed
• How to earn it:
  • To get your $20 bonus:
  • Open your new Spruce accounts.
  • Have at least $200 in qualifying direct deposits to your Spruce Spending Account within 45 days of account opening.

(Expires 06/30/2023)

Fine Print

• Offer from H&R Block. Requires 1) opening of new Spruce Accounts between 1/1/23 and 6/30/23; and 2) $200 in qualifying direct deposits within 45 days of opening.
• Qualifying direct deposits are ACH credits, including direct deposits (but not tax refunds).
• Deposits that do not qualify are mobile check deposits, internal transfers, transfers within Spruce from external accounts, or cash transfers.
• $50 will be deposited within 14 business days after completing all requirements. Spruce Accounts may not be closed or restricted at payout.
• You are responsible for tax treatment of funds.
• Limit one per customer.
• May be modified or discontinued at any time.

How To Avoid Monthly Fees

• Spruce Spending: None
• Spruce Savings: None

Author’s Verdict

These are all the Spruce Banking promotions, bonuses, and offers. You should always compare these accounts with other nationally recognized banks seen above.

For more current offers, check out our bank bonuses page. Compare Spruce Banking rates for CDs and Savings with our best rates for Savings and CD accounts.

Be sure to check more popular bank promotions include Chase Bank, Bank of America, Citi, Discover Bank, CIT Bank, TD Bank, Huntington Bank, HSBC Bank, Wells Fargo and many more.