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expirednotmybusiness posted Jan 30, 2025 01:27 AM
expirednotmybusiness posted Jan 30, 2025 01:27 AM

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

via Direct Deposit (Valid thru 2/28)

Earn $388 Credit

Bank of Hope
293 Comments 92,459 Views
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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

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Top Comments

anubis57
1919 Posts
480 Reputation
If the account is closed within 6 months from the account opening date, the bonus may be forfeited or deducted at closing.


Sounds great!
PaulP6715
3353 Posts
511 Reputation
They collected all my information. SSN, employer, DL, Etc. They sent me a 6-digit security code to my phone, which I correct entered into their website. After entering the correct 2FA code, it asked for it *again*, and an email came through rejecting my checking account application without explanation. Bizarre. Never turned away from an account in my life. Oh well. There goes my personal information into another database.
drewman77
210 Posts
28 Reputation
Chinese Lunar New Year.

In China...

Number 3 is associated with living
Number 8 is associated wealth

A grouping of 3 items is considered extremely lucky.

So, 388 means live wealthy x2 with luck.

Worked for a medsurg company that had a Chinese director of r&d. Our 888 camera was an incredible seller. He named it that, so found out what all the numbers meant in China.

292 Comments

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Feb 01, 2025 01:02 AM
285 Posts
Joined Nov 2010
hayolohFeb 01, 2025 01:02 AM
285 Posts
Quote from notmybusiness :
For the bonus:

Open a new Bank Simply Checking account by February 28, 2025, using promo code: LUNAR
Set up and complete qualifying direct deposit totaling $1,000 or more within 90 days of account opening.

https://www.bankofhope.com/person...king-offer

No monthly charge and "An eligible account must remain open and in good standing from the account opening date of your eligible account until the Bonus is paid. If the account is closed within 6 months from the account opening date, the bonus may be forfeited or deducted at closing. The $388 bonus will be credited to your checking account within 30 days after all requirements are met." don't seem so bad.

Unless you get approved right away, you'll either get an email saying that your application has been rejected or that it would take up to 3 days for them to review your application. Just reply to that email with a copy of your driver's license, front and back.

+ Surcharge-free ATMs: Bank of Hope, AllPoint & MoneyPass ATMs.
Well, as expected, my online application was denied in about a minute or so this early afternoon via email. I tried to call them maybe 8 times after that (not continuously) and the answering machine always said that they can't take the call and then hung up. I finally was able to talk to a Live Rep around 4:45 PM PST.

The nice lady said that my application was automatically rejected by the system and no reason was given to me. She said that I will have to visit a branch if I want to open it. The closest branch is about 30 miles from my place, so I might do it for $388 Big Grin

But frankly, I'm hesitate to send my ID by responding to their rejection email. Good luck!!! woot
Feb 01, 2025 01:52 AM
3,437 Posts
Joined Dec 2008
qkumbrFeb 01, 2025 01:52 AM
3,437 Posts
Quote from jneset :
Why's this
If too many depositors close their accounts immediately after reaping the SUB, the bank may pull back on future bonus offerings to deter churners. Plus, many banks require the account remain open for 90-180 days or the bonus is clawed back.
1
Feb 01, 2025 02:02 AM
8,617 Posts
Joined Mar 2017
hpham_53Feb 01, 2025 02:02 AM
8,617 Posts
Quote from hayoloh :
But frankly, I'm hesitate to send my ID by responding to their rejection email.
FWIW, I applied yesterday (selected RETIRED, and INVESTMENT as source of income). Got the "we'll get in touch in 3 days" message, then the denial email. I replied to the email asking for a reason. No response. Last evening, I replied to the email with front/back photos of my DL. Waited all day today but still no response. As I posted yesterday, they accessed my Chex report (history of bank activities, not credit history) and probably rejected my applications because I do a lot of opening/closing bank accounts each year.
Feb 01, 2025 02:41 AM
509 Posts
Joined Aug 2017
nhatanh181Feb 01, 2025 02:41 AM
509 Posts
Bank of hope, not bank of assurance, not bank of trust?
Feb 01, 2025 03:34 AM
10,882 Posts
Joined Feb 2011
shopperuvdealzFeb 01, 2025 03:34 AM
10,882 Posts
Looks like there is very little hope in this bank ,lol.
1
Feb 01, 2025 04:48 PM
685 Posts
Joined Dec 2012
pokerfreak07Feb 01, 2025 04:48 PM
685 Posts
I did a zelle payment into my new account and have email confirmation from them, but now no balance is listed... The mobile website is terrible
Feb 01, 2025 04:58 PM
685 Posts
Joined Dec 2012
pokerfreak07Feb 01, 2025 04:58 PM
685 Posts
How did anyone add an external account? I swear this is the worst bank I've ever seen.

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Feb 01, 2025 05:02 PM
7,612 Posts
Joined Sep 2008
DogAndPonyFeb 01, 2025 05:02 PM
7,612 Posts
Terrible bank. I could not link my bank to fund the account online so had to do the deposit method. They did the temp deposits but I have no way to confirm the deposit amounts on the website. I clicked every link. This is ridiculous. Guess I'll need to send a message
Feb 01, 2025 05:14 PM
685 Posts
Joined Dec 2012
pokerfreak07Feb 01, 2025 05:14 PM
685 Posts
Quote from DogAndPony :
Terrible bank. I could not link my bank to fund the account online so had to do the deposit method. They did the temp deposits but I have no way to confirm the deposit amounts on the website. I clicked every link. This is ridiculous. Guess I'll need to send a message
Same boat here, I felt like an idiot but now I'm wondering if this is an actual bank or not lol
Feb 01, 2025 09:04 PM
3,353 Posts
Joined Sep 2013
PaulP6715Feb 01, 2025 09:04 PM
3,353 Posts
Now that my Zelle $25 transfer-in has shown up in the available balance, I am able to go to the Transfers page that previously caused an instant error / red x, and I can now add external accounts. I did have to verify my email address again with a 2FA code, but all is now 'good.'
Feb 01, 2025 11:10 PM
252 Posts
Joined Dec 2015
banch0ngFeb 01, 2025 11:10 PM
252 Posts
Quote from Kevin7491 :
I had the same problems that other had in the comments and here's what worked for me after calling their customer service:
1) open the account under "unemployed" and just list out your place of employment in the section below, i was able to get approved automatcally
2) the linking of the bank account: i had to use the test trial deposit option since the login feature didn't work for me and for the trial deposits, once you see the deposits in your external account, go to "apply.bankofhope.com/resume" this will allow you to finish your application because the accat isn't fully opened yet
3) i chose exisiting account and logged in, which allowed me to enter my trial deposits.
4) The customer service agent told me once the trial deposits are verified, that allows bank of hope to pull from your external account (which is the $25 opening deposit). I've never had this done before where the bank pulls from my account vs me initiating the transfer. But she mentioned that pull takes around 1-3 biz days and once it's funded (where you see the $25 deposit), then you'll be able to add external accounts and do other stuff with it.
Honestly, once i get the bonus, i'd just close becuase there's not a close enough branch around me and the website/app is garbage.
Hope this was helpful
This process worked for me. Just verified my trial deposits, so awaiting Bank of Hope to pull $25 from my external account and then I assume thats all that needs to be done.
Feb 02, 2025 02:03 AM
895 Posts
Joined Jul 2013
mkm85Feb 02, 2025 02:03 AM
895 Posts
Quote from PaulP6715 :
They collected all my information. SSN, employer, DL, Etc. They sent me a 6-digit security code to my phone, which I correct entered into their website. After entering the correct 2FA code, it asked for it *again*, and an email came through rejecting my checking account application without explanation. Bizarre. Never turned away from an account in my life. Oh well. There goes my personal information into another database.
Something to me.
Feb 02, 2025 02:07 AM
205 Posts
Joined Jun 2017
GiantscrazyFeb 02, 2025 02:07 AM
205 Posts
Didn't have the numerous issues people are having... Waiting for the 2 step deposit.
Feb 02, 2025 04:42 AM
1,097 Posts
Joined Dec 2011
shaolinwookieFeb 02, 2025 04:42 AM
1,097 Posts
Quote from sanyu :
Thank you! Looks like a pretty easy bonus. Will try for my husband and I
you honestly dont want to close accounts so soon anyway, youll start getting a flag on your chex account that youre money laundering
2

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Feb 02, 2025 04:45 AM
105 Posts
Joined Sep 2024
CrimsonKite8971Feb 02, 2025 04:45 AM
105 Posts
Quote from shaolinwookie :
you honestly dont want to close accounts so soon anyway, youll start getting a flag on your chex account that youre money laundering
I never heard of such a thing happening before? I've opened and closed at least 100 accounts in the last several years. Any links to back up about a flag for money laundering appearing on CHEX?

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