Slickdeals is community-supported.  We may get paid by brands for deals, including promoted items.
Heads up, this deal has expired. Want to create a deal alert for this item?
expirednotmybusiness posted Jan 30, 2025 1:27 AM

Bank of Hope New Personal Checking Acct: Open Simply Checking Account w/ $1K+

Earn $388 Credit

via Direct Deposit (Valid thru 2/28)at Bank of Hope
95.7K Views
Visit Bank of Hope
Deal Details
Bank of Hope is offering their Bank of Hope New Personal Checking Customers: Simply Checking Account: Open/Setup a New Account w/ promo code LUNAR and complete a Qualifying Direct Deposit Totaling $1000+ (within 90-Days) & Earn a Bonus of $388 when you follow the instructions listed below. Your bonus will be credited to your checking account within 30-days after all requirements are met.

Thanks to Community Member notmybusiness for finding this deal

Note, this offer is for new Bank of Hope personal checking customers only

Deal Instructions
  1. Open/Setup a New Bank of Hope Personal Checking Account
  2. Use promo code LUNAR (to a activate your promotional offer)
  3. Complete a Direct Deposit Totaling $1000+ within 90-Days so account opening
  4. Within 30-days after meeting all requirements, your bonus of $388 will be credited to your checkings account
    • Note, the bonus will be reported on IRS Form 1099-INT, as required by applicable law
Bank of Hope Simply Checking Benefits
  • No Monthly Service Charge
  • Low $25 Minimum Opening Deposit
  • Go Paperless w/ e-Statements
  • Nationwide Access to 50,000 Surcharge-Free ATMs

Editor's Notes

Written by SlickDealio
  • About the Deal
    • Bank of Hope is FDIC Insured; Backed by the full faith and credit of the U.S. Government
    • Offer valid for New Bank of Hope personal checking customers only
    • Must complete/setup a direct deposit totaling $1000 or more within 90-days of account opening
    • Your bonus of $388 will be issued within 30-days after all requirements are met
    • Customers whose account has been closed within the last 30 days are no eligible
    • Offer cannot be combined with any other checking offer
    • Limit 1 bonus per account/customer
    • Additional eligible requirements may apply
    • Offer valid through February 28, 2025 or while promotional offer last

Original Post

Written by notmybusiness
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Bank of Hope is offering their Bank of Hope New Personal Checking Customers: Simply Checking Account: Open/Setup a New Account w/ promo code LUNAR and complete a Qualifying Direct Deposit Totaling $1000+ (within 90-Days) & Earn a Bonus of $388 when you follow the instructions listed below. Your bonus will be credited to your checking account within 30-days after all requirements are met.

Thanks to Community Member notmybusiness for finding this deal

Note, this offer is for new Bank of Hope personal checking customers only

Deal Instructions
  1. Open/Setup a New Bank of Hope Personal Checking Account
  2. Use promo code LUNAR (to a activate your promotional offer)
  3. Complete a Direct Deposit Totaling $1000+ within 90-Days so account opening
  4. Within 30-days after meeting all requirements, your bonus of $388 will be credited to your checkings account
    • Note, the bonus will be reported on IRS Form 1099-INT, as required by applicable law
Bank of Hope Simply Checking Benefits
  • No Monthly Service Charge
  • Low $25 Minimum Opening Deposit
  • Go Paperless w/ e-Statements
  • Nationwide Access to 50,000 Surcharge-Free ATMs

Editor's Notes

Written by SlickDealio
  • About the Deal
    • Bank of Hope is FDIC Insured; Backed by the full faith and credit of the U.S. Government
    • Offer valid for New Bank of Hope personal checking customers only
    • Must complete/setup a direct deposit totaling $1000 or more within 90-days of account opening
    • Your bonus of $388 will be issued within 30-days after all requirements are met
    • Customers whose account has been closed within the last 30 days are no eligible
    • Offer cannot be combined with any other checking offer
    • Limit 1 bonus per account/customer
    • Additional eligible requirements may apply
    • Offer valid through February 28, 2025 or while promotional offer last

Original Post

Written by notmybusiness

Community Voting

Deal Score
+62
Good Deal
Visit Bank of Hope

Top Comments

Join The Conversation

Share your experience with the Slickdeals community

Share information with the community. Please follow our Community Guidelines and be kind!

292 Comments

Sign up for a Slickdeals account to remove this ad.

Jan 30, 2025 10:30 PM
712 Comments
Joined Nov 2008
thelostkinJan 30, 2025 10:30 PM
712 Comments
I already have a basic checking account which is different from simply checking. Would I still be a new customer?
Original Poster
Jan 30, 2025 10:36 PM
42 Comments
Joined Nov 2018
notmybusiness
Original Poster
Jan 30, 2025 10:36 PM
42 Comments
Quote from thelostkin :
I already have a basic checking account which is different from simply checking. Would I still be a new customer?
I think you can call up the bank and find out?
Jan 30, 2025 10:54 PM
3.3K Comments
Joined Jan 2006
jnesetJan 30, 2025 10:54 PM
3.3K Comments
Quote from np1050 :
Withdraw all your money once bonus posts. Leave a dollar in the account. Set a reminder in your phone to cancel 6 months out. Not terrible. At least there's no minimum balance requirement or fees
Why 6 months?!
Jan 30, 2025 10:58 PM
1.2K Comments
Joined Jul 2003
dewskiJan 30, 2025 10:58 PM
1.2K Comments

Our community has rated this post as helpful. If you agree, why not thank dewski

"We are currently reviewing your new account application and need to check a few more things."

and then immediate email "unfortunately, we were unable to approve your request at this time."

hmmmm

guess they have all my info now.....I see you dark web! :/
Last edited by dewski January 30, 2025 at 03:01 PM.
1
Jan 30, 2025 11:06 PM
1.2K Comments
Joined Jul 2003
dewskiJan 30, 2025 11:06 PM
1.2K Comments
Quote from lolQaeda :
Didn't even think to email 'em back... just went through the same thing, though, and they did indeed ask for my ID (front and back scan) for "secondary verification." Waiting to hear back on approval, but they said it could take an hour or two.
EDIT: For anyone who gets a denial email, I would just reply with the scan of your ID and ask them to verify you via ID. Should work just fine.

What email address are you using to contact them? I replied back to the email I received on rejection but not sure it's the right one to use. ([email protected])
Jan 30, 2025 11:12 PM
430 Comments
Joined Nov 2012
njb83Jan 30, 2025 11:12 PM
430 Comments
Quote from hpham_53 :
IRS requires a 1099 to be sent for Interest of $10 or more, and Miscellaneous Income of $600 or more. But some banks/CUs will sent 1099 for smaller amounts. Whether a 1099 was sent or not, it's still TAXABLE if you report it. Whether you report it or not is none of my business.

Hello hpham_53 - Since you are a true expert and helped many slick dealers in the past. I have a quick question.

I closed my checking account with Truist Bank in Aug 2024. I wanted to participate in their current offer of $400. I am trying to open an account online but I am getting 130 error "Sorry we are not able to proceed for your application. Visit nearest branch etc " without any information.

Can you please let me know how to solve this error ? Thanks for your help.
Jan 30, 2025 11:15 PM
8.8K Comments
Joined Mar 2017
hpham_53Jan 30, 2025 11:15 PM
8.8K Comments
I called them after getting denied (selected Retired, and Investment as source of Income). The call was answered with their auto greetings, then "Sorry, we can't connect your call right now" and it hanged up. I replied to their denial email but haven't heard back. I do a lot of bank/CU bonuses and suspect they denied due to my Chex report.

Sign up for a Slickdeals account to remove this ad.

Jan 30, 2025 11:20 PM
8.8K Comments
Joined Mar 2017
hpham_53Jan 30, 2025 11:20 PM
8.8K Comments
Quote from njb83 :
Hello hpham_53 - Since you are a true expert and helped many slick dealers in the past. I have a quick question.

I closed my checking account with Truist Bank in Aug 2024. I wanted to participate in their current offer of $400. I am trying to open an account online but I am getting 130 error "Sorry we are not able to proceed for your application. Visit nearest branch etc " without any information.

Can you please let me know how to solve this error ? Thanks for your help.
If you got the error from Truist (not Bank of Hope), I suggest you call Truist about the error. It could be that they have an anti-churning waiting period of 6 months or more.
Pro
Jan 30, 2025 11:27 PM
6.8K Comments
Joined Sep 2013
luckygecko
Pro
Jan 30, 2025 11:27 PM
6.8K Comments
Bank of Hope you see your money again?
Jan 30, 2025 11:34 PM
8.4K Comments
Joined Jan 2006
screennameJan 30, 2025 11:34 PM
8.4K Comments
Quote from hpham_53 :
IRS requires a 1099 to be sent for Interest of $10 or more, and Miscellaneous Income of $600 or more. But some banks/CUs will sent 1099 for smaller amounts. Whether a 1099 was sent or not, it's still TAXABLE if you report it. Whether you report it or not is none of my business.
Just to clarify. The $388 bonus is interest income to the account holder, not miscellaneous income. The bank for sure will send out an 1099-INT for it. If you don't rereport the income, you may get a CP2000 notice from the IRS.
Jan 30, 2025 11:49 PM
656 Comments
Joined Dec 2007
gary83Jan 30, 2025 11:49 PM
656 Comments
Insta decline, sent photo id to decline email. lets see what happens.
Jan 30, 2025 11:50 PM
8.8K Comments
Joined Mar 2017
hpham_53Jan 30, 2025 11:50 PM
8.8K Comments
Quote from screenname :
If you don't rereport the income, you may get a CP2000 notice from the IRS.
Yes, I'm aware of that. I just didn't want to get into the "Boy Scout" vs "Tax Criminal" debate.
Last edited by hpham_53 January 30, 2025 at 03:52 PM.
Jan 30, 2025 11:55 PM
8.8K Comments
Joined Mar 2017
hpham_53Jan 30, 2025 11:55 PM
8.8K Comments
Quote from gary83 :
Insta decline, sent photo id to decline email. lets see what happens.
Did your decline email give a specific reason (like Unable To Verify ID) or simply said "Thank you for turning to Bank of Hope for your banking needs. We have carefully reviewed your application for the Bank Simply Checking account, and unfortunately, we were unable to approve your request at this time" ?
Jan 30, 2025 11:58 PM
656 Comments
Joined Dec 2007
gary83Jan 30, 2025 11:58 PM
656 Comments
Quote from hpham_53 :
Did your decline email give a specific reason (like Unable To Verify ID) or simply said "Thank you for turning to Bank of Hope for your banking needs. We have carefully reviewed your application for the Bank Simply Checking account, and unfortunately, we were unable to approve your request at this time" ?
The latter, generic decline email.

Sign up for a Slickdeals account to remove this ad.

Jan 31, 2025 12:11 AM
53 Comments
Joined Jul 2024
AmusedMaid716Jan 31, 2025 12:11 AM
53 Comments
Quote from jneset :
Why 6 months?!
requirement is 6 mths

Join The Conversation

Share your experience with the Slickdeals community

Share information with the community. Please follow our Community Guidelines and be kind!

Related Searches

Popular Deals

Trending Deals