Blog/Best Savings Bonuses/Ameriprise $350–$1,000 Savings Bonus (5.9%–7.0% Effective APY) - 2026 Review

Ameriprise $350–$1,000 Savings Bonus (5.9%–7.0% Effective APY) - 2026 Review

✓ Verified Aug 15, 2026; published end date 2026-12-29
By Nathaniel Booth2026-04-10Last updated 2026-07-24Savings Bonuses
SavingsBank BonusNationwideHigh YieldNo Monthly FeeTiered Bonus
Offer Details
Account TypeSavings
Base APY3.05%
Funding Window30 days
Maintenance Period90 days
Total Hold~130 days
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Bonus Tiers & Effective APY

$25,000 deposit7.0% effective APY
Cash Bonus$350
Est. Interest~$272
Total Earnings~$622
$50,000 deposit6.7% effective APY
Cash Bonus$650
Est. Interest~$543
Total Earnings~$1,193
$100,000 deposit5.9% effective APY
Cash Bonus$1,000
Est. Interest~$1,086
Total Earnings~$2,086

Overview

Ameriprise's H2 2026 savings bonus is tiered by deposit: $350 for $25,000, $650 for $50,000, or $1,000 for $100,000+ in net-new money, on top of a 3.05% base APY. The offer period runs July 1 to December 29, 2026 — deposit within 30 days of opening and hold 90 days. The catch: you must already be an Ameriprise Financial client (or employee). If you are, it pairs with a $400 checking bonus for up to $1,400 combined.

Who This Savings Bonus Is Best For

Existing Ameriprise Financial clients (or employees) with $25,000+ in available cash. If you already have an Ameriprise relationship, the tiered structure rewards larger balances and the checking add-on stacks cleanly.

How to Maximize This Bonus

Open the savings account and fund it within 30 days with net-new external money at your target tier: $25k for $350, $50k for $650, or $100k+ for $1,000. Maintain the balance 90 days. At the $25k tier you'll earn $350 plus roughly $215 in interest over the hold — around 9% effective APY. Stack the companion $400 checking bonus ($1,500+ in direct deposits within 90 days) for up to $1,400 total. Open before the December 29, 2026 deadline.

Pros

+Tiered up to $1,000 ($350/$650/$1,000 at $25k/$50k/$100k)
+Solid 3.05% base APY on top of the bonus
+No monthly fees
+Pairs with a $400 checking bonus for up to $1,400 combined
+Short 90-day hold from funding

Cons

-Must be an existing Ameriprise client or employee
-Prior Ameriprise Bank savings-bonus recipients are excluded
-Net-new external funds only
-$25,000 minimum to earn anything

How This Compares to Other Bonuses

Ameriprise's $350 on $25k (~9% effective APY) beats Capital One's $20k tier ($300 at ~9.4% is comparable), and the $650/$1,000 upper tiers reward larger balances that most savings bonuses cap out below. The catch remains existing-client status, which makes it inaccessible to most people — but if you qualify, the tiered structure plus the stackable $400 checking bonus is one of the stronger high-balance plays available.

Frequently Asked Questions

Do I need to be an existing Ameriprise client?

Yes. The offer is limited to existing Ameriprise Financial clients and employees during the July 1 – December 29, 2026 offer period. It is not open to brand-new clients, and prior Ameriprise Bank savings-bonus recipients are excluded.

What are the bonus tiers?

$350 for $25,000–$49,999, $650 for $50,000–$99,999, and $1,000 for $100,000+ in net-new money. Deposit within 30 days of opening and maintain for 90 days.

Can I stack the checking bonus?

Yes. Ameriprise pairs a $400 checking bonus ($1,500+ in direct deposits within 90 days) with the savings offer for up to $1,400 combined.

Related Bonus Reviews

Capital One $300–$1,500 Savings Bonus (7.8% Effective APY) - 2026 ReviewChase $600 Savings Bonus (11.3% Effective APY) - 2026 Review

Eligibility

AvailabilityNationwide
Lifetime LimitYes

Existing Ameriprise Financial clients and Ameriprise employees only. Prior Ameriprise Bank savings-bonus recipients are excluded. One bonus per customer. External (net-new) funds only. Offer period July 1 - December 29, 2026.

Fees

Monthly Fee$0

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Sources (2)

We last checked this against the bank's page on August 15, 2026.

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Affiliate Disclosure

Fat Stacks Academy may earn a commission when you open an account through links on this page, at no additional cost to you. Commissions do not influence our reviews — we verify offer terms directly with each bank before publishing and do not accept paid placement in our rankings. Bonus offers, requirements, and fees are determined by each financial institution and may change at any time. Always verify the current terms directly with the bank before applying. This content is for informational purposes only and does not constitute financial advice.

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