Deposit bonus banks offer incentives to attract new customers by providing bonuses on initial deposits. These bonuses can enhance the account holder's balance, allowing for greater investment opportunities or savings potential. Typically, the bonus amount is a percentage of the deposit, subject to specific terms and conditions, such as minimum deposit requirements and withdrawal restrictions. This strategy not only encourages individuals to open accounts but also fosters customer loyalty, as clients may be more inclined to maintain their relationship with the bank to benefit from future promotions.