Snag a $350 Savings Bonus from Ameriprise Bank – Here's How

Looking for a straightforward way to pad your savings with a little extra cash? Ameriprise Financial is running a promotion on their online savings account that could put up to $1,000 in your pocket. It's not complicated, but there are a few hoops to jump through. Let's break it down so you know exactly what to expect.

What's the Deal?

Ameriprise Bank is offering a cash bonus when you open a new savings account and deposit a chunk of change. The bonus tiers are pretty straightforward: put in $25,000 to $49,999.99 and you'll get $350. If you can swing $50,000 to $99,999.99, that's $650. And for those with $100,000 or more to deposit, you're looking at a cool $1,000 bonus.

You have 30 days from opening the account to make your deposit(s). Then you just need to keep that balance (or more) for 90 days. After that, the bonus is yours. No monthly maintenance fees, which is always a plus.

• Bonus ranges from $350 to $1,000 based on deposit amount
• Deposit must be made within 30 days of account opening
• Balance must be maintained for 90 days
• No monthly fees

The Fine Print You Should Know

The APY on this account is variable and tiered. As of July 2026, you'll earn 2.50% APY on balances under $5,000, 3.05% on $25k to $49,999.99, and 3.15% on $100k and above. Those rates can change at any time, so don't count on them staying put.

Also, this is a digital account — you'll manage it online or through the Ameriprise app. Mobile check deposit is available, and customer service is there during business hours. One thing to note: if you're not already an Ameriprise client, you'll need to apply for secure access.

• APY is variable and subject to change
• Account is online-only
• Minimum $100 to open

Is This Worth Your Time?

If you've got $25,000 or more sitting in a low-interest checking account, this is a no-brainer. You'll earn a decent APY plus a bonus that's essentially free money. Just make sure you can leave that cash untouched for 90 days. If you need the liquidity, maybe skip this one.

For smaller balances, the $350 bonus on $25k works out to a 1.4% return on top of the interest — not bad for three months of work. But always compare with other high-yield savings accounts or CD promotions before committing.

• Great for idle cash you don't need immediately
• Bonus is taxable as interest income
• Consider opportunity cost if you might need the money

Bottom Line

• Deposit $25k+ within 30 days, hold for 90 days, earn $350 to $1,000 bonus.
• No monthly fees, competitive APY, but rates can change.
• Offer runs through December 29, 2026 — nationwide availability.

Common Questions