Spruce
Spruce Spending Account
This bank doesn't currently have an active bonus. Here's its offer history.
What you can open instead
These banks are paying a bonus right now on the same kind of account.
Direct Deposit Data Points 18
18 community reports across 12 transfer sources, showing what triggers a qualifying direct deposit at Spruce.
How long until the bonus posts? The most recent community reports average about 20 days. See 9 reports on Spruce Checking payout timelines →
Account Details
Bonus pays within 14 business days after completing the direct deposit requirement inside the 45-day window.
Eligibility
New Spruce users only.
- Not eligible if the account is opened using a referral link.
- Cannot be combined with any other offer, including a Referral Incentive Campaign.
Can You Earn This Bonus Again?
Related Articles
What is a hold period?
The minimum time you must keep your balance in an account before the bonus is paid out.
Do Bank Bonuses Show Up on a 1099-INT?
Yes. Bank bonuses are taxable income. Once you earn $10 or more from a single bank in a calendar year, the bank sends a 1099-INT and you report it as ordinary income on your tax return.
Also see: this month's best bank bonuses and the full offer history archive.