Get $50.00 from Bank of America when you open a checking account...

Open a checking account with Bank of America and receive a $50.00 bonus.

Here's the Promotion Link

When on the promotion page make sure you click on the 'Open an Account Now' link near the top of the page that's in red bold. DO NOT click on the normal link closer to the bottom.

All that's required is that you open the account with $25 and make a monthly direct deposit to the account. Remember, a transfer from your ING Direct account to the Bank of America account counts as a direct deposit transaction.

I've done this once before (back in February) and it was flawless. I had my money by the end of April.

Here's the fine print:
----------------------
You will receive your $50 credit to your new account within 50 days of opening your new personal checking account online. Limit one $50.00 incentive per household every 60 days. Offer valid only for new checking accounts. Any applicable taxes are the responsibility of the account holder. Offer expires on 4/15/2006. Offer may be withdrawn or modified at any time without notice. For interest checking accounts the annual percentage yield is 0.10% on any balance. APY is accurate as of 7/25/2005. The rate may change after the account is opened. Fees could reduce earnings on the account. The $50.00 credit can only be made to your new account. This new account must be still open at this time to receive your $50.00 credit.
----------------------------------

Good hunting...

cp

for checking account, does BoA do HARD credit pull even for existing customer?

That's not correct. Bank of America does a hard pull for new customers but not for existing customers. I know this because I have opened new accounts at BofA, and as long as your existing record with Bank of America is good, the account opening is almost automatic.

thanks, i've been waiting for a BoA deal. What is the procedure for setting up a direct deposit with ING?

vwbugman69 said: You just have to create a link to the BOA checking account by sending a cheack of at least $1 to ING.
I remember now you can add an external account online at ING.

The BOA "My Access Checking" is free w/ DD.

Funding options:
MasterCard® or Visa® (includes Check/Debit Cards)

anyone know if this is a purchase or cash advance?

To my experience, it is purchase.
But some other guys report it is cash advance.
YMMV

funkyfresh said: Funding options:
MasterCard® or Visa® (includes Check/Debit Cards)

anyone know if this is a purchase or cash advance?

I have a question, would transfer of a balance from paypal, half.com and/or Amazon marketplace count as the direct deposit to wave the monthly fee?
if so this sounds right up my alley...........additionally would there be some minimum amount to direct deposit or theoretically would .01 deposit be fine or not?
Thanks for the help and thanks OP for posting the deal.

Thanks OP, I was still eligible for the $50 bonus
even though I already have a BOA checking acct.
I just sent the opening money from my existing account.


They even had live chat so I could ask my questions
before I opened the new acct.

DaloSony said: repost here

That's a different code, with different dates, so this thread is NOT a repost.


I've done 3 of these promos, and hard pull was only on the FIRST account, when I was a new customer. Too bad they wised up and removed CampusEdge from eligibility, but it's still definitely worth it.

Thanks OP!

VA domiciled accounts (possibly others) are 180 days.

Anyone know how to change domicile for BofA? Do I have to close/reopen all my accounts and get new account numbers?

Then again, I think VA accounts have less in fees than NY (formerly Fleet) accounts.

Isnt there also a $75 bonus when you open a checking account?
I still have a coupon

According to the personal schedules of fees document released by BoA "Direct deposits are electronic deposits of periodic payments - such as salary, pension, Social Security and Supplemental Security Income (SSI) benefits or other regular monthly income - made into your checking
account through the automated clearing house (ACH) by your employer or other payer.
Deposits you make, Online Banking transfers, wire transfers and other transfers you make between your deposit accounts with us are not considered direct deposits and do not qualify for the direct deposit discount."

This would mean that we would have to pay the monthly checking fee of $5.95 if we do not have other means to transfer. Transfer between 2 BoA accounts does not seem to be valid for free myaccess checking account.

winneverlose said: According to the personal schedules of fees document released by BoA "Direct deposits are electronic deposits of periodic payments - such as salary, pension, Social Security and Supplemental Security Income (SSI) benefits or other regular monthly income - made into your checking
account through the automated clearing house (ACH) by your employer or other payer.
Deposits you make, Online Banking transfers, wire transfers and other transfers you make between your deposit accounts with us are not considered direct deposits and do not qualify for the direct deposit discount."

This would mean that we would have to pay the monthly checking fee of $5.95 if we do not have other means to transfer. Transfer between 2 BoA accounts does not seem to be valid for free myaccess checking account.

I think it has been reported on other threads that BofA take ING/ED/Paypal transfers as Direct Deposits. Don't know if they still do now. If they don't count, then I am closing the account after I get the bonus.

Can i still get $50 when not applying online??

It doesnot let me apply online as i am not US citizen.

Applied, funded with credit card, hopefully it's processed as a purchase, when I make a purchase with MBNA Mastercard it shows up immediately in temp transactions, but nothing showed for this yet.

I heard an ad on the radio this afternoon for a bonus of $100 for opening a MyAccess Checking account w/ an initial deposit of $250. It said just to stop into any branch and mention the ad. So for anyone w/ a local BOA branch, this would be golden instead of the $50 offer.

It was in the Chicagoland area on the Loop.

Got approval e-mail, when I click on: Print and sign your MyAccess Checking signature form link, nothing happens, it says IE cannot download from bankofamerica.com, I keep clicking - no signature form, does anybody know what the problem could be? I have Adobe 6.0, it says 5.0 or above required.

g10ny said: Code 50MYA still alive and well. Of course, there are better offers around here
Yeah, like 100MYA