Edit

Forums
Finance

Get $50 for opening Bank of America Savings A/C Archived From: Finance

  • tweet this
  • Post to Facebook
  • Text Only
  • Search this Topic »
  • Classic
  • Go to Page :
  • 1 23
alert mods    

here

Open a Regular Savings account online or in a banking center and you could earn a $50 Bank of America Gift Check2. Because you are an existing Bank of America checking customer, you can save time by adding a new Regular Savings account using our online express application. It's a quick, easy and convenient way to open your new account online. And if you sign up for Keep the Change™1, you'll add to your savings every time you make a purchase with your Bank of America Visa® Check Card.

What to do:
Proceed to the Express Application.
Select a Regular Savings account. Fund your account with $100 to be eligible for the $50 Bank of America Gift Check.
Complete the information requested and verify that the offer code PRJ3 has been automatically populated on this page.

Opening an account online is easy.
For a faster application process, have the following information on hand when you begin your application:


Your Social Security number
Your current address
Mother's maiden name
Your e-mail address
Your account number(s) of existing Bank of America account(s)

After your application is approved, you will receive a new account welcome letter in approximately 4-5 business days with your new account information.



Open an account
Remember to verify that the offer code PRJ3 appears on this form before submitting to ensure you get your $50 Bank of America Gift Check once you complete the account opening process.




1Keep the Change Terms: At the end of each business day, the total of your round ups will be transferred to your savings account in a single transfer. Keep the Change is available only on Visa® Check Cards linked to your Bank of America checking account. For more terms and conditions, please click here.


2Offer valid only for new Regular Savings accounts that are opened at a banking center or online. Your mail piece must be present at the time of account opening if the account is opened at a banking center. You will receive your $50 Bank of America Gift Check within 60 days of opening your new Bank of America Regular Savings account with an opening deposit of $100. Limit one Gift Check per customer. Gift Check will become void if not redeemed within 90 days of issuance. Bonus will be reported as additional interest earned on the account at the end of the year. Offer expires on 12/31/2006.


The annual percentage yield (APY) for Regular Savings accounts is 0.50% on all balances. This APY is accurate as of 5/24/2006 and may change after this date and after the account is opened. Fees could reduce earnings on the account. The minimum opening deposit for a Regular savings account is $100. Please ask us about current rates on other types of savings accounts. See our Personal Schedule of Fees for account related fees and information as well as minimum opening deposits on other accounts.


Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.


alert mods    

Thx OP. Another 50 from BofA. This goes nicely with the other promos from the last several months.


alert mods    

Thanks - will apply for it in a few days


alert mods    

Thanks for the info, OP. Are there any cons to closing the account after, say, 3 months?


alert mods    

wow they let you fund from a credit card?


alert mods    

What's the max they will let you fund? This could be an easy method of getting your 0% BT money.


alert mods    

How soon could I close the account? Can I do the express application if I am not a current checking account customer and just want this savings account?


alert mods    

b534202 said:wow they let you fund from a credit card?is it a cash advance, tho?


alert mods    

$99,999 is the hard code edit max on the funding page.

Thanks OP


alert mods    

b534202 said:wow they let you fund from a credit card?

The NEA and AAA money market accounts also let you fund with a credit card but I wasn't gutsy enough for fear it would be treated as a cash advance. A person in that thread said they funded $500 and it showed up as a normal charge on their CC.


alert mods    

I opened my savings account a week ago with the $35 promo. You need to maintain a minimum balance of $300 or a directly deposit monthly from checking for $25 to avoid fees.


alert mods    

Can someone who's already opened the account do some more research?

Can this account be funded with a credit card?
Can you repeatedly fund this account with a credit card?

This could potentially be a great short-term moneymaker.


alert mods    

Raiz said:Can someone who's already opened the account do some more research?

Can this account be funded with a credit card?
Can you repeatedly fund this account with a credit card?

This could potentially be a great short-term moneymaker.


It really depends of your credit card company. For Citi it posts as a regular charge. Generally speaking it should post as a cash advance.


alert mods    

I took the risk and funded $1000 on a CC. If it goes through as a cash advance, worst case I'll stil end up ~$20 ahead after the 3% fee ($50-$30). I'll just watch the transaction to be sure it shows up as a purchase.


alert mods    

This offer has been around awhile....

http://www.fatwallet.com/t/52/628516/

And fwiw, the fees vary by state.


alert mods    

Xeon, could you please list the type of card you have. It may be relevant.


alert mods    

Raiz said:Xeon, could you please list the type of card you have. It may be relevant.
I put it on a Citibank AAdvantage card, as there have been posts that Citi has processed it as a purchase. Plus its my primary card other than an AMEX these days - and no AMEX funding option.


alert mods    

Xeon852 said:I took the risk and funded $1000 on a CC. If it goes through as a cash advance, worst case I'll stil end up ~$20 ahead after the 3% fee ($50-$30). I'll just watch the transaction to be sure it shows up as a purchase.
You also pay tax on $50.


alert mods    

Be careful on these.

"No monthly maintenance fee if you maintain a minimum $300 daily balance or make an automatic monthly transfer of $25 from your checking account."

Someone I bet won't read this and will find out they OWE the bank money instead.


 Close

Sign Me In
Nickname: 
Password: 
Remember My Login Information:

Forget your login information?

Not Already A Member?
Sign Up Now!



Disclaimer: By providing links to other sites, FatWallet.com does not guarantee, approve or endorse the information or products available at these sites, nor does a link indicate any association with or endorsement by the linked site to FatWallet.com.


While FatWallet makes every effort to post correct information, offers are subject to change without notice.
Some exclusions may apply based upon merchant policies.
© 1999-2009