I think I stop counting how many Bank of America accounts I have after ten…Anyways, back in the days…opening BOA checking accounts for free money was extremely easy. I had to do monthly Paypal $1 transfer to meet the direct deposit requirement. I kept on opening and closing etc etc…but every now and then, I forget to do the $1 Paypal transfer and was annoyed by the $4.95 monthly fee. I didn’t mind since I made over $1K with them. To make the story short, I opened this $100 bonus recently knowing full well of the terms on the $100 bonus:
Offer does not apply to second or multiple checking accounts and/or existing checking customers.
I opened the $100 bonus above since no direct deposit is required. Of course, I closed all my old ones so I won’t be bothered with the monthly fees. To my surprise, I saw the $100 bonus in my account yesterday. Sweet!!
**Make sure to deposit $100 to get your bonus. They let you withdraw from a credit card and it counts as a purchase.
So again, YMMV on the $100 bonus if you already have an account with Bank of America. You should still apply for it if you have one with direct deposit requirement and then close that one. There is also this $50 bonus. Apply for both since there is no monthly fees or DD requirement. No Hard Inquiry if you already have a BOA account.
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hey thanks for the heads up. I already have an BOA account but thought to give a try for this offer after reading your post.
However When I went to apply online,
Do you use Online Banking and have a Bank of America checking or savings account?
Yes, I use Online Banking No
what to choose? lie here or say i have an account already?
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