Bank of America, $300 Bonus For New Checking Accounts [Targeted]

0

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. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Links in this post may provide us with a commission.

Bank of America, $300 Bonus

Bank of America is once again offering a $300 bonus to some of its customers. The bonus is for new Checking Accounts, and you need to be targeted in order to be eligible.

The Offer

To receive the $300 bonus, one must open a new Bank of America Core Checking OR Bank of America Interest Checking personal checking account by April 30, 2018 and receive Qualifying Direct Deposits equaling a total of $4000 or more in your new personal checking account within 90 days from account opening.

The $300 bonus will be deposited within 60 days of meeting the requirements. There’s a limit of one per customer and as usual you’ll receive a 1099, so you’ll have to pay taxes on it.

Key Terms

  • Targeted offer.
  • Expires April 30, 2018
  • 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.

Fees

The Core Checking account is probably the best option with a $12 monthly fee, which can be waived with any of the following options:

  • Make at least one qualifying Direct Deposit of $250 or more, OR
  • Maintain a minimum daily balance of $1,500 or more, OR
  • Be a student under age 23 and enrolled in high school, college, or vocational program, OR
  • Enroll in the Preferred Rewards program and qualify for the Gold, Platinum, or Platinum Honors tier (first 4 checking accounts only).

Conclusion

We have seen this offer in the past from Bank of America and it is a very good one. To check if you’re targeted, just log into your account online and in the Activity Center, click on Special Offers & Deals. You should see the offer there. If you do, then it is definitely worth it, as $300 checking bonuses are not that common.

HT: Doctor of Credit

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.

The responses below are not provided or commissioned by any advertiser or bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by any advertiser. It is not any advertiser's responsibility to ensure all posts and/or questions are answered.

LEAVE A REPLY

Please enter your comment!
Please enter your name here