Keep the Change from Bank of America Review – $250 Cash Bonus and More!

Dead as of 12/3/2013. Those of you who come here to learn the best methods to make free money, well I have a special treat today. This ultimate post will help you make $300 from Bank of America’s Keep the Change program (KTC). It is a Bank of America program whereas they will match up to $250 of the change from your debit transactions for the first 3 months. Lets say you buy a coffee drink for $2.25; instead, it will show up as a $3 charge, and the 75 cents goes into your savings account. KTC will also put in another 75 cents to match your savings. In short, you want the charges to be $1.01, $2.01, $3.01, etc to maximize this deal.

Follow these steps:

  1. Sign up a checking account using Bank of America $50 bonus link.
  2. For simplicity sake, deposit $500 in your account.
  3. In order to do keep the change, you must sign up for a savings account(this can be done when opening a checking). **You must set up $25 auto transfer each month from Checking to Savings for Savings account to be free.
  4. Once you have your checking, savings, and debit card, visit this Keep the Change link to enroll.
  5. You will have a 3-month window to get the $250 match. Here are a the quickest ways to maximize this offer. 1) Go late at night and pump gas at $1.01 each time. Do this every time you need to fill up your gas tank, so give and take about 253x at $1.01 each time. 2) You could also pay your phone bill, water bill, or electricity bill at $1.01 each time online. Check with your utility company to see the policy on this.

More Tips on this Promotion:

  1. You want to take a screen shot of each offer just in case you might have to fight them. BOA are notoriously known for not handing out bonus on time.
  2. You can always take money out of the savings and put it back into your checking account. Watch your balance or deposit more so you won’t over withdraw
  3. Hard pull will only be done once for your first account, and soft pull everything afterward.

According to their Terms and Conditions, you can have up to 5 Checking Accounts hence 5 Keep the Change participation($250 KTC5x = $1250). At the end of the 3 months, open up another checking account online and enroll again in Keep the Change. You do not have to open another savings account. Simply link the new Checking to the first Savings account. The same rules apply, then do it again after 3 more months until you got 5 total Checking accounts. You should get $250 at each account anniversary. Again, you are following their terms and conditions, and nothing above is illegal. Is it wasting time and money of the merchants? That’s for you to decide. However, you might want to pump gas at a big chain station during the night so you won’t draw attention to yourself. Read our full list of Bank of America Promotions!

Find all bank bonuses from our list!

Sapphire PreferredChase Sapphire Preferred® Card offers 40,000 bonus points after you spend $4,000 in purchases within the first 3 months. With 40,000 bonus points, you can redeem for $500 towards airfare and hotel accommodations. You can earn an additional 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening. Earn 2x points on travel, 2x points on dining at restaurants, and 1 point per dollar on all other purchases. Your points go far since you get 20% off travel when redeemed thru Ultimate Rewards. All Chase Sapphire Preferred cardholders enjoy travel benefits and a direct access to a live adviser 24 hours a day. No foreign transaction fees, plus Chip and Signature enabled for international travel. The annual fee of $95 is waived for the first year of card ownership. Apply Now---Chase Sapphire Preferred Review

Disclaimer: 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.


  1. angela says

    If i have had ktc account since may 2011 can i still get the matched money or is it only the first three months they match it 100%?

  2. propert says

    all my utilities charge a $3.50 fee every time I pay a bill, but perhaps there are some options like verizon or xfinity that will just take $1.01 at a time and not blink.

    I also live in a state where if I tried to pump $1.01 worth of gas to take $0.99 in change I would get shot. not to mention how it would take at least four hours to get 250 transactions at the same gas station, and it would put up security flags and shut down the card promotion after about the third duplicate purchase, puttig the entire promotion at risk. these are pretty stupid suggestions.

  3. bj says

    BofA is full of crap. My son has had this keep the change since 2011. He has not had one match from the bank. When he inquired he was given 3 different answers by 3 different people. The last answer was they don’t have that program anymore they dropped it in 2011….still advertised they have it…u just can’t get what was promised…..Greedy, ignorant, selfish people/bank…..may they fail and never get up.

  4. alabasster says

    After you open checking accounts and have made the 250 into the ktc savings accounts, how long do the used up checking acounts have to remain open?
    Will they charge a service charge if you do not have a direct deposit into each one of them, or do you close the first, and roll the direct deposit into the next one?

  5. Gloria says

    Your debit card will automatically be blocked after using it more then once at any gas stations in my area in Florida.
    Forget it, I will not do it, to much hassle.

  6. custody says

    I did the same thing following chiody’s tips, but BOA closed my acct without notice a few days later and refuse to give me the matching dollars they promised. Maybe they realize they have a design hole in this program. It appears that their rule is that they are the ONLY party in this relationship that can make money and once they found you can also make a little, they terminate the relationship and take away everything they promised.

    So no trust for Bank of America. Luckily this is just a checking, if I took a mortgage with them and they closed it without telling me and I have to find that out myself with a shock, then that’s much more trouble.

    I won’t do business wtih them again any more, simply because they don’t allow the cusomter to benefit from their program.

  7. chiody says

    I’ve recently finished qualifying for 5 $250 Keep The Change accounts. From November 2011 to early January 2012 is all it took to net $1250 due for disbursement 12 month post accounts opening date.

    Key tips to remember.

    Open the savings account with over $250 to fund the program as you accumulate the matching funds. I deposited about $300 each time to allow plenty of leeway.

    I went to gas stations and utilized the debit function for .03-.05 cent purchases at major chain stations, Shell works very well, especially the company owned ones with the huge car washes. You can do a minimum of 1.2 transactions per minute with about 70 done per hour. Do the math…that’s about $70 per hour into your keep the change account.

    Remember there is NO monthly service charges for either accounts (checking or savings) as long as they are opened at the same time AND listed as Keep The Change. So currently I have 10 accounts opened with 8 of them with zero balances. 2 plus months have gone by and I assure you this is true. My other 2 accounts I’m using diligently BTW. Aocounts must be opened for at least 12 months to receive the matching funds. A total bank roll of $300 will do it because as soon as you qualify for the full $250, go to the branch and have your ~$300 rolled over into the next new Keep The Change accounts….repeat 4 more times….

    It’s really quite easy to do once you get the hang of it. Standing at a gas pump for about ~4 hours is tedious so spread it out over several days. But it WILL net you $250 each time. Note I did this in the evenings, in freezing Chicago temps. My motivation was thinking about the near $70 per hour benefit that kept me going. For you fair weather savers, NOW is a cinch to do this program. It’s a lot of fun in the end. And a cool grand and some will come in handy huh? Good Luck.

  8. Don says

    You are right about the $75.

    As for the muliple accounts, I think I saw only one person confirming that on FW. I think I saw some people mentioning that BoA closed all their accounts. It is a lot of work and a big risk they will close all my BoA accounts. I think I will wait for more data points on that.

    Thanks Hustler

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