Bank of America, $100 Checking Account Bonus Available Nationwide

Bank of America is offering a $100 sign up bonus for new checking account. This is not a great bonus, but it is available nationwide and can be done online. It does require some work. Let’s check the details.

The Offer

Open a new Bank of America Core Checking OR Bank of America Interest Checking personal checking account by February 28, 2018 and set up and receive two Qualifying Direct Deposits of $250 or more each to your new personal checking account within 90 days from account opening.

A “Qualifying Direct Deposit” is a recurring direct deposit of a paycheck, pension, Social Security or other eligible regular monthly income, electronically deposited by an employer or an outside agency into your new checking account. A transfer from a brokerage account or Merrill Edge or Merrill Lynch account is not a Qualifying Direct Deposit.

Promotion Page

Key Terms

• Offer expires 2/28/2018
• $100 bonus will be deposited 60 after you fulfill the requirements.
• You are not eligible for this offer if you were a signer on or owner of a Bank of America personal checking account within the last six (6) months.

Monthly Fees

Bank of America Core Checking it’s the best option for this bonus. It has a $12 fee that is waived with one of the following options:

• Have at least one qualifying direct deposit of $250 or more each monthly statement cycle
• Maintain an average daily balance of $1,500 or more each monthly statement cycle
• Are enrolled in Preferred RewardsOpens link in a new page (waiver applies to first 4 checking accounts)

America Core Checking doesn’t have any early closing fees.

Conclusion

The bonus is only $100 and you need to complete two qualifying direct deposits of $250 or more within 90 days. On the plus side, the bonus is available nationwide and can be done online.

HT: Doctor of Credit

Disclosure: Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers.

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