Bank of America is offering residents across the nation a $500 bonus when you open a new Checking and Rewards Savings Account by May 1, 2019.
To qualify for this promotion, be sure to set up and receive Direct Deposits of $4,000 or more within 90 days. With the Savings Account, deposit $20,000+ within 30 days of opening and maintain that balance for at least 90 days. Once you have met the requirements, the $500 bonus will be deposited into your account within 60 days.
However, if you’re curious to see what else the bank has to offer, check out the most updated list of Bank of America Bonuses on BCS! In addition, you can also check out other great promotions from banks such as HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Compass Bank or CIT Bank.
Editor’s Note: This offer is only available to select Bank of America customers who receive this offer via a direct communication from Bank of America. YMMV.
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Bank of America Bonus Summary
- Direct Link to Offer
- Account Type: Advantage SafeBalance, Advantage Plus, Advantage Relationship Checking; Rewards Savings
- Availability: Nationwide (Branch Locator) *Targeted*
- Expiration Date: 05/01/2019
- Soft/Hard Pull: Soft Pull
- Credit Card Funding: Unknown, let us know
- Direct Deposit Requirement: Yes, $4,000+
- Additional Requirements: See below
- Avoid Monthly Fee: $4.95 – $25
- Advantage SafeBalance: $4.95 monthly fee waived for:
- Students under age 24
- Preferred Rewards clients
- Advantage Plus: $12 monthly fee waived with:
- At least one qualifying direct deposit of $250
- A minimum daily balance of $1,500 or more
- Students under age 24
- Preferred Rewards clients
- Advantage Relationship: $25 monthly fee waived with:
- Combined balance of at least $10,000 or more in eligible linked accounts.
- Rewards Savings: $8 monthly fee waived with:
- A minimum daily balance of at least $500
- Link Rewards Savings account to your Bank of America Advantage Relationship Banking™ account
- Bank of America Preferred Rewards client
- Advantage SafeBalance: $4.95 monthly fee waived for:
- Early Termination Fee: None listed, check with CSR
Bank of America Savings Requirements
- Open a qualifying Checking and Savings Account from Bank of America by May 1, 2019.
- Be sure to use the Promo Code from your targeted mailer to qualify.
- Set up and receive Direct Deposits of $4,000 or more within 90 days
- With the Savings Account, deposit $20,000+ within 30 days of opening and maintain that balance for at least 90 days.
- Once you have met the requirements, the $500 bonus will be deposited into your account within 60 days.
Bank of America Bonus Fine Print
- This offer is limited to those individuals who received a letter from Bank of America about this offer; only the named recipients are eligible for the bonus.
- Bank of America may change or discontinue this offer at any time before this date without notice.
- This offer is intended for new customers only; you are not eligible for this offer if you were a signer on or owner of a Bank of America personal checking account or personal savings account within the last six (6) months.
- Fiduciary accounts (e.g., trust accounts) are excluded from this offer.
- In order to enroll in the offers described below, you must provide your unique offer code at the time of 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.
Conclusion
Did you recently receive this targeted offer via mail or email lately? Wouldn’t you want to earn an easy bonus just for meeting the requirements of your new account? If you answered yes to the questions above, then the current promotion from Bank of America is the one for you! Not only do you get to enjoy all the generous features that comes with your new account, but you will also be a part of one of the most trusted banks nationwide. Unfortunately, this promotion is strictly targeted.
If you do qualify, you might find it to be quite worthwhile, however, if you do not qualify for this deal then I recommend you check out our complete list of Bank Bonuses for all your banking necessities!
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