Bank of America is rolling out another incentive program. The bank will be rewarding customers with a $25 bonus when one of their referrals opens a new checking account! On top of that, those new customers will also receive a $25 bonus. It’s a win-win for both parties! It’s simple to refer someone. All you need to do is prepare a referral form, have your referral submit it at the time of opening the account, and meet the opening deposit requirements.
Terms and conditions of the program:
- You must be an existing Bank of America customer
- There is a $125 minimum opening deposit for the new account
- The new account holder must make at least 1 purchase in the first 30 days using their debit card
- The offer expires on March 31, 2012
- You are ineligible if you are a Bank of America associate or if you were/are a signer on a Bank of America Consumer, Student, or Small Business account in the past 6 months
You can expect to receive your bonus within about 90 days of fulfillment of the terms and conditions for the new account. The bonus will paid out either through a credit to your account or via check. There’s still time to qualify for your bonus!
Other great bank bonuses are also still available
The Chase Ink Classic provides a great alternative business card with up to 25,000 bonus points after $5,000 in spending within the first 3 months. There is no annual fee and 0% introductory APR for 6 months.
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Very tempting offer! Thanks, but no thanks! After our disappointing experience with BofA, I don’t want to deal with them anymore. Not ever!
Yeah, especially with them rolling out the $5 debit fee, I don’t blame you at all. But check out this huge list for bank bonuses if you are looking for free money.
http://www.hustlermoneyblog.com/bank-bonuses/