Bank of America is now offering a $200 Interest Checking or Core Checking Account bonus available for new customers who receive a direct communication good through 9/1/2015. This exclusive offer is only for select Bank of America mortgage customers who don’t already have a checking account with them. To earn the $200 bonus, you must:
- Open a Bank of America Interest Checking® or Bank of America Core Checking® account and enroll in Online Banking or PayPlan by September 1, 2015. And
- Use Online Banking (Bill Pay or Transfers) or PayPlan to automatically pay your mortgage from your new checking account and have your payment applied by October 31, 2015
Here’s a tip: Even though this is a targeted promotion, many people have confirmed the $200 BOA bonus is good for all Bank of America mortgage customers. Probably best if you print out the promotion and Check with your local BOA bank to confirm the $200 bonus. Make sure to get a reference number in writing in your account.
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Bank of America $200 Bonus Information:
- Sign up Offer
- Account Type: Internet Checking or Core Checking
- Availability: Nationwide(You must have received this offer by direct communication with Bank of America).
- Expiration Date: 9/1/2015
- Hard Inquiry: No, just soft pull
- Opening Deposit Credit Card Funding: None
- Direct Deposit Requirement: No
- Monthly Fee: The $10.95 fee with Core Checking is waived with direct deposit, OR $1500 balance, or student under age of 23.
- Additional Requirements: Use Online Banking (Bill Pay or Transfers) or PayPlan to automatically pay your mortgage from your new checking account.
- Closing Account Fee: No
How To Avoid Fees:
There is a $12 monthly fee with the Core Checking. To waive the $12 monthly fee, you must meet one of the following requirements:
- Have at least one qualifying direct deposit of $250 or more
- Maintain an average daily balance of $1,500 or more
- Are a student under the age of 23
I wouldn’t bother opening the Interest Checking since it has the $25 monthly fee. You would need a balance of $10,000 or more to waive it. The Rewards Money Market Savings account’s $12 monthly fee is waived with an Interest Checking account OR by keeping a minimum $2500 balance.
Visit a branch today and inquire about the targeted Bank of America $200 bonus promotion, then use online banking to pay your mortgage payment from your account to receive the $200 bonus. See our full list of Bank Deals across the country!
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