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Bank of America $300 New Checking Offer with $2000 direct deposit

+46 Deal Score
53,614 Views
Bank of America New Checking Bonus $300
Expires 01/31/2025

https://promotions.bankofamerica....wToBankCta
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Created 10-22-2024 at 10:19 AM by SlickLocket671
in Finance Bank of America - Bank Advertiser
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These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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Joined Jun 2005
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mtnagel
10-22-2024 at 11:35 AM.
10-22-2024 at 11:35 AM.
Good deal. It was only $200 when I did it last year.
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Joined Sep 2017
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VjXBSparta
10-22-2024 at 10:26 PM.
10-22-2024 at 10:26 PM.
What is the difference between the 3 account types? Any worth benefits for the one that seems to have higher fees?
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Joined Feb 2024
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HappyDeer3232
10-23-2024 at 01:41 AM.

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10-23-2024 at 01:41 AM.
Note the deposit requirement here. It has to be a direct deposit such as a salary. You can't move money in from another bank or deposit it normally. Some offers allowed that in the past and it is much simpler. For this you need to change your account and routing info on file with your employer/
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Joined Aug 2010
B!tch Please
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Truth-Serum
10-23-2024 at 01:51 AM.
10-23-2024 at 01:51 AM.
I'll bite
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Joined May 2020
L3: Novice
> bubble2 239 Posts
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camar0rs
10-23-2024 at 04:52 AM.
10-23-2024 at 04:52 AM.
hmmm... dont see any cancel terms within x days
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Joined Jan 2009
BRRR...BRRRR....
> bubble2 3,334 Posts
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mango316
10-23-2024 at 05:01 AM.
10-23-2024 at 05:01 AM.
Thx OP!
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Joined Jan 2013
L6: Expert
> bubble2 1,640 Posts
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DrSachmo
10-23-2024 at 05:15 AM.
10-23-2024 at 05:15 AM.
Thanks seems simple
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Joined Aug 2012
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> bubble2 264 Posts
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feverdoingwork
10-23-2024 at 05:17 AM.
10-23-2024 at 05:17 AM.
Can you do this if you already have a checking account with boa?
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Joined Feb 2009
L3: Novice
> bubble2 236 Posts
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blackfog
10-23-2024 at 05:20 AM.
10-23-2024 at 05:20 AM.
Quote from feverdoingwork :
Can you do this if you already have a checking account with boa?

Obviously not. Read the T&C
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Joined Apr 2016
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AliA8521
10-23-2024 at 05:29 AM.
10-23-2024 at 05:29 AM.
I heard some people make money with these kind of offers!
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Joined Jun 2012
L5: Journeyman
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ldnola1
10-23-2024 at 06:25 AM.
10-23-2024 at 06:25 AM.
I just signed up for the Amex offer of $300. Is there any reason not to open up an account with BoA for this offer?
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Joined Dec 2016
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Donniedeal
10-23-2024 at 06:27 AM.

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10-23-2024 at 06:27 AM.
Quote from AliA8521 :
I heard some people make money with these kind of offers!
It's not hard. You just want to make sure you keep track of all the fine print - I always copy and paste all the info into a digital notebook, so that I know the exact terms, the date I should expect to receive my bonus, how long I need to keep the account open, any minimums, etc.

The details may sound simple, but a month or two later, especially if you've done a couple of these, you're not going to remember the specifics. Much easier to have it all in one spot to begin with.
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Joined Jul 2018
L4: Apprentice
> bubble2 479 Posts
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FantasticMoon621
10-23-2024 at 06:54 AM.
10-23-2024 at 06:54 AM.
Be prepared for
Incoming wire fee
Paper statement fee
Cash deposit fee

Cons:
Deposit going to any other account (error) mentioned on deposit slip with even if name doesn't match.
Different deposit slip for instate and outof state deposits.
Long waiting times for cash availability.

Pros:
Easy credit card issuance.
Largest bank of America
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Joined Nov 2010
Alternative Fact
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MusicShark
10-23-2024 at 06:55 AM.
10-23-2024 at 06:55 AM.
Quote from feverdoingwork :
Can you do this if you already have a checking account with boa?
Just open new account? But it would be against their t&c.
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