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Slickdeals Forums Hot Deals Bank of America $500 New Checking Offer with $10000 direct deposit

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Bank of America $500 New Checking Offer with $10000 direct deposit

+1 Deal Score

1,238 Views 4 Comments

This deal is generally $100 for $1000 of deposit according to Slickdeal's history. However this is a good deal for those considering setting up a BoA Preferred Platinum Honors setup (100,000+) to get their 5.25% cash back card / 2.625% on everything else credit card.

Since it requires you to open a checking account anyways this maybe a decent bonus.

Bank of America isn't really regarded favorably online/reddit, however if you keep your money in Merill Edge, their investment. platform, and have over 100,000 you can qualify for their credit card reward bonus. So if you have retirement accounts/a goal to invest you can buy on their platform and get their card as well.

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Open a new eligible checking account through this offer page by January 31, 2026.

Only new checking customers can take advantage of this offer.
Set up and receive Qualifying Direct Deposits into your new account within 90 days of account opening. Your bonus amount will be based on the total amount of your qualifying direct deposits received in the first 90 days.

Cash BonusTotal Direct Deposits
$100 - $2,000
$300 - $5,000
$500 - $10,000+
If you've met all requirements, 90 days after account opening we'll attempt to deposit your bonus into your new eligible account within 60 days.

https://promotions.bankofamerica....g500tiered

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Created 08-19-2025 at 07:06 PM by APhamX

in Finance Bank of America - Bank Advertiser

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1,238 Views

4 Comments

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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.