See the latest news for Bank of Hope bonuses, promotions, and offers here.
Currently, they are offering a $500 bonus with a Checking account.
Bank of Hope Bonuses Review
Bank of Hope is headquartered in Los Angeles, California and was founded in 1986. Since then they have grown to 61 locations and they boast an A+ health rating. They offer a variety of checking features to best services their clients!
- Bonus Links:
- $500 Checking Bonus (09/30/2021)
- Account Type: Checking
- Availability: AL, CA, IO, NJ, NY, TX, VA, WA
- Branches: 61 Branches (Bank Locator)
- Hard/Soft Credit Inquiry: Unknown
- Direct Deposit Options: Varies
Although these bank promotions are rather generous, you can also take advantage of our list of Savings, Money Market, and CD rates.
If you don’t live in the available areas, be sure to check out our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, Wells Fargo, Bank of America, CIT Bank, CitiBank and many more.
I’ll review the current Bank of Hope bonuses below.
Bank of Hope $500 Checking Bonus
Open a new checking account with qualifying activities and get a $500 bonus.
- What you’ll get: $500 Bonus
- Eligible account: Personal or Business Checking
- Credit Inquiry: Unknown
- Where it’s available: AL, CA, IO, NJ, NY, TX, VA, WA
- How to earn it:
- Open a qualifying checking account and earned tiered bonuses
- Complete the requirements within the given time frame
- Monthly fee: Yes can waive
(Offer expires September 30, 2021)
Chase Private Client ($3,000 Bonus) | U.S. Bank Smartly® Checking ($700 Cash Bonus) |
KeyBank Checking ($200 bonus) | Fifth Third Preferred Checking ($200 Bonus) |
How to Earn $500 Checking Bonus
- Maintain an average balance of at least $20,000 for the first 4 months of account opening
- Complete the following three activities within 90 days of account opening
- Request a debit card and make at least one debit card purchase or ATM deposit/withdrawal
- Register for Personal Online Banking or Business Online Banking
- Enroll in e-Statements
- Personal Checking:
- Unlimited Check-Writing
- Checkfree Bill Pay
- Free 24/7 Telephone Banking
- Free 24/7 Online Banking
- Access to Surcharge Free ATMs
- Debit Card Convenience
- Business Checking:
- Organized Business Records
- Multiple Account Signers
- Regular Checking:
- Personal: $7 monthly service charge can be waived if a minimum daily balance of $500, or average daily balance of $1,000 during each statement is maintained.
- Business: $15 monthly service charge can be waived if a minimum daily balance of $2,500, or average daily balance of $5,000 during each statement is maintained.
- Basic Checking:
- $3 monthly service charge can be waived if 5 or more ATM/Debit card or ACH transactions are made per statement period.
- Reserve Checking:
- $10 monthly service charge can be waived if a minimum daily balance of $1 is maintained in linked Regular Checking Account.
- Interest Checking:
- $15 monthly service charge can be waived if a minimum daily balance of $2,500, or average daily balance of $5,000 during each statement is maintained.
- SmarTeen Checking:
- $3 monthly service charge can be waived if there are 5 or more ATM/Debit Card or ACH transactions per statement period.
- Econo Checking:
- $5 monthly service fee, however $2 will be credited towards your monthly service charge when you conduct one or more POS (point of sales) debit card transactions during each statement period.
- Business Interest Checking:
- $15 monthly service charge can be waived if a minimum daily balance of $5,000 or average daily balance of $10,000 during each statement is maintained.
- Business Analysis Checking:
- Check with your CSR
- Eligible Customer must open a new checking account and enroll to participate in the Cash Bonus Offer at the time of account opening or within 30 days of account opening.
- By enrolling in the Cash Bonus Offer, customer agrees to be bound by these Terms and Conditions.
- “Eligible Account” must be a personal or business checking account opened by Eligible Customer during the Promotion Period with new money.
- New money is defined as funds not currently on deposit with Bank of Hope.
- Only the first checking account opened during the Promotion Period is eligible for the offer.
- Subsequent checking account(s) opened under the same account ownership type and account title are not eligible.
- Limit one Cash Bonus per account.
- A new checking account opened after closing an existing checking account during the Promotion Period is not eligible for the promotion.
- The Cash Bonus will be reported on IRS Form 1099-INT to the primary account holder on the account, in the year received, as required by applicable law.
- Customer is responsible for any applicable taxes.
- All accounts subject to applicable terms including the Bank of Hope Deposit Account Agreement, fees, and charges.
- Terms, conditions, and fees for accounts, products, programs are subject to change.
- Fee may reduce earnings.
- Accounts subject to approval.
- Participation and enrollment in a promotional offer do not guarantee eligibility or fulfillment of the promotional offer.
- Speak to a banker for more details.
Conclusion
If you live near a Bank of Hope location, you have the opportunity to earn an attractive bonus. In my opinion, the bonus is high however you need to maintain the balance requirement.
Feel free to comment on this post with any questions you may have about Bank of Hope, their accounts they offer, or any experiences you have had!
Check back often for more Bank of Hope Bonuses, Promotions, or Offers!