1. Matt says

    I’m very interested in this bonus offer, but I have read on other sites that ACH transfers don’t count as direct deposits with Bank of America. Are you sure ACH transfers would work? Thanks!

    • Steve Wong says

      No…it must be direct deposit from the payroll. It is a automatic set up deposit every 30 days. The bank uses that information about you and to make sure you have a job to keep the money coming in. Banks are desparate for cash flow. Many people closed accounts after 90 days of the “bonus” offer.

  2. Young says

    Direct Deposit of $2,000 every 30 days for 3 months. Do you know if this has to be one time $2k deposit every 30 days or can be total of $2k every 30 days? e.g. two DD of $1,000 ?

    • Steve Wong says

      It didn’t say direct deposit of just one amount. If you pay twice in a month, $1,000 or more with 2 times direct deposits should meet the requirement for 90 days (3 months). If $100 bonus is not deposit after 90 days (usually the bank gives you the bonus after the first direct deposit), call the banker that helped you with the account. The banker should do the adjustment to add the “bonus”.


  1. […] Bank of America $100 bonus is now available for opening a consumer checking account with direct deposit using offer code BAW100N. Offer expires 6/30/2014. To get your personal checking account and a $100 bonus, simply fill out the easy online application using Offer Code BAW100N, then set up and receive a qualifying Direct Deposit into your new checking account within 90 days of account opening, then they’ll deposit $100 into your new checking account. I wrote a more detail review on Bank of America’s $100 Bonus Checking Account. […]

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