To attract new customers, some banks may sweeten the deal by offering a cash bonus for opening a new account. Often, these bonuses can be a few hundred dollars. But it's not entirely free money. New bank account bonuses often come with their own set of terms and conditions, as well as tax implications. Let's take a closer look. How are bank account bonuses taxed? Bank bonuses often require you to meet certain conditions to qualify. For example, you may need to set up a monthly direct deposit of at lea ...