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Popular Advertiser Disclosure

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

+46 Deal Score
54,435 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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+46
54,435 Views
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 Jul 2019
L2: Beginner
> bubble2 59 Posts
14 Reputation
Anko
10-28-2024 at 07:42 AM.
10-28-2024 at 07:42 AM.
Yeah, but then I'd have to bank with one of the worst banks in the country 💀 I'll pass.
Reply
Joined Feb 2015
L2: Beginner
> bubble2 754 Posts
465 Reputation
CndnMP
10-28-2024 at 02:51 PM.
10-28-2024 at 02:51 PM.
Quote from FantasticMoon621 :
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
People don't actually use the "big" banks for actual banking, just for bonuses lol.
Go with your discover/capitolone type bank for a savings interest rate that doesn't slap you in the face lol.
Reply
Joined Aug 2017
L2: Beginner
> bubble2 457 Posts
30 Reputation
Slickhunt36
10-29-2024 at 06:53 AM.
10-29-2024 at 06:53 AM.
What if I closed account 1 year ago? Anyone knows if it's eligible?
Reply
Joined Jun 2005
L6: Expert
> bubble2 1,772 Posts
918 Reputation
mtnagel
10-29-2024 at 09:43 AM.
10-29-2024 at 09:43 AM.
Quote from Slickhunt36 :
What if I closed account 1 year ago? Anyone knows if it's eligible?
Literally 3 posts above yours:
Quote from mtnagel :
Second paragraph in the T&C:

This offer is limited to individuals who have not owned or co-owned a Bank of America personal checking account within the last twelve (12) months
So you're fine.
Reply
Joined Jul 2018
L2: Beginner
> bubble2 87 Posts
14 Reputation
Luisjrm
10-29-2024 at 09:50 AM.
10-29-2024 at 09:50 AM.
Does this require multiple deposits or is 1 of 2,000 good enough?
Reply
Joined Feb 2010
is PRO
> bubble2 18,993 Posts
4,618 Reputation
Binar
10-29-2024 at 09:59 AM.
10-29-2024 at 09:59 AM.
Quote from Anko :
Yeah, but then I'd have to bank with one of the worst banks in the country 💀 I'll pass.
suuure.. the most convenient bank..Every corner has a gas station and a BOA ATM

Wells Fargo is the real evil ..BOA offers no perks but they dont scam you like WF
Reply
Joined Jun 2005
L6: Expert
> bubble2 1,772 Posts
918 Reputation
mtnagel
10-29-2024 at 10:25 AM.
10-29-2024 at 10:25 AM.
Quote from Luisjrm :
Does this require multiple deposits or is 1 of 2,000 good enough?
One is fine.
Reply

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Joined Jul 2009
L5: Journeyman
> bubble2 851 Posts
49 Reputation
C47V3770
11-02-2024 at 08:50 AM.
11-02-2024 at 08:50 AM.
The application asks for bank account or debit card information for the initial transfer. Does that mean it automatically sets up that transfer after the application is submitted?
Reply
Joined Oct 2006
L3: Novice
> bubble2 250 Posts
40 Reputation
bretrdgz11
11-03-2024 at 07:31 AM.
11-03-2024 at 07:31 AM.
Quote from tjax123 :
paypal ACH can bypass DD?
Quote from Flawless700 :
Very unlikely
That's what I'm wondering. Doesn't hurt to try.
Reply
Last edited by bert_rodriguez November 3, 2024 at 07:35 AM.
Joined Apr 2007
L7: Teacher
> bubble2 2,723 Posts
1,105 Reputation
barcode
11-22-2024 at 05:42 AM.
11-22-2024 at 05:42 AM.
Adding a data point since I got the bonus. I'm surprised how quick it came.

Opened: 10/28
DD done: 11/08
Bonus received: 11/15
Reply
Joined Feb 2009
L3: Novice
> bubble2 243 Posts
92 Reputation
blackfog
12-06-2024 at 09:09 AM.
12-06-2024 at 09:09 AM.
So I got denied due to a bad bank deposit score from Early Warning Systems!? I have prime credit and banking history with multiple banks. I do open/close a few accounts a year to take advantage of these new account bonuses so that could be having an impact on the score.

Going to open an inquiry with this third party and see what they got on file for me. Just a head's up in case anyone else gets denied.
Reply
Joined Jul 2009
L5: Journeyman
> bubble2 851 Posts
49 Reputation
C47V3770
12-07-2024 at 06:25 AM.
12-07-2024 at 06:25 AM.
Quote from barcode :
Adding a data point since I got the bonus. I'm surprised how quick it came.

Opened: 10/28
DD done: 11/08
Bonus received: 11/15

Have you closed your account? If so, how did you do it? Trying to avoid any potential fees.
Reply
Last edited by C47V3770 December 7, 2024 at 06:28 AM.
Joined Apr 2007
L7: Teacher
> bubble2 2,723 Posts
1,105 Reputation
barcode
12-10-2024 at 05:40 PM.
12-10-2024 at 05:40 PM.
Quote from C47V3770 :
Have you closed your account? If so, how did you do it? Trying to avoid any potential fees.

Yeah I closed it. I called to have it closed. No issues.
Reply
Joined Jul 2009
L5: Journeyman
> bubble2 851 Posts
49 Reputation
C47V3770
12-10-2024 at 05:40 PM.
12-10-2024 at 05:40 PM.
Quote from barcode :
Yeah I closed it. I called to have it closed. No issues.

Same same. Thanks
Reply

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Joined Apr 2009
L5: Journeyman
> bubble2 608 Posts
901 Reputation
sarrisa
01-21-2025 at 09:20 PM.
01-21-2025 at 09:20 PM.
Anyone know how to avoid the dreaded you must go into a bank message?
Reply
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