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Bank of the West new $100 bonus for opening account w/$100 in: Subjects › Deal

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For those that missed out on the last one...

Open a new checking account and get $100 bonus.

Link


Offer valid from 8/12 to 10/2/09 with at least a $100 opening deposit.

Need to either have DD of $250 or pay 10 bills online to trigger bonus.

Bonus will be deposited within 60 days.

T&C

*Open any new personal checking account, and either establish a monthly direct deposit of at least $250 to your new account or pay 10 bills online and receive a $100 bonus. The first recurring direct deposit must be posted to your account within 60 calendar days of your account opening date. The 10 bill payments must occur within 60 calendar days of your account opening date. Bonus will be credited to your account within 60 days after satisfaction of conditions. Offer valid for a new checking accounts opened from 8/12–10/2/09 with $100 or more from a financial institution other than Bank of the West. Offer subject to change without prior notice and may be terminated or extended based on response. Offer does not apply to second or multiple checking accounts and/or existing checking customers. Limit of one $100 bonus per household per calendar year. To the extent required by law, Bank of the West will report the value of the offer to the IRS on Form 1099. Any applicable taxes are the responsibility of the account holder. All accounts are subject to the Bank's standard terms and conditions and fee schedule.


There is a $4 monthly service charge for the on-line savings account unless you have a $300 average monthly balance.

There is a $2 montly fee if you don't sign up for on-line statements for your free checking account (You can sign-up by logging into your account and clicking on Statements, then follow the directions).

Message edited by: johnnybs on 2009-09-18 08:13:46 CDT

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out of its footprint states qualifies?


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Note: To open an account online, you must be 18 years or older, a U.S. citizen or a U.S. Resident Alien with a valid Social Security Number and U.S. residence address.

doesnt seem to be a problem.


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Does anyone know if push ACH qualifies as a DD?


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Can anyone comment on whether this is a hard or soft inquiry?

Message edited by: staci86 on 2009-09-01 12:15:43 CDT
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staci86 said:Can anyone comment on whether this is a hard or soft inquiry?

what do you mean by hard or soft inquiry? i'm kinda slow.lol


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A hard inquiry is an indication that you have actively sought credit on your credit report (VISIBLE TO OTHER BANKS)

A soft inquiry is an indication that someone has "viewed" your credit report but not for the purpose of obtaining credit (NOT visible to other banks)


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ohch said:out of its footprint states qualifies?

Out-of-state qualifies.


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johnnybs said:For those that missed out on the last one...

Open a new checking account and get $100 bonus.

Link


Offer valid from 8/12 to 10/2/09 with at least a $100 opening deposit.

Need to either have DD of $250 or pay 10 bills online to trigger bonus.

Bonus will be deposited within 60 days.

T&C

*Open any new personal checking account, and either establish a monthly direct deposit of at least $250 to your new account or pay 10 bills online and receive a $100 bonus. The first recurring direct deposit must be posted to your account within 60 calendar days of your account opening date. The 10 bill payments must occur within 60 calendar days of your account opening date. Bonus will be credited to your account within 60 days after satisfaction of conditions. Offer valid for a new checking accounts opened from 8/12–10/2/09 with $100 or more from a financial institution other than Bank of the West. Offer subject to change without prior notice and may be terminated or extended based on response. Offer does not apply to second or multiple checking accounts and/or existing checking customers. Limit of one $100 bonus per household per calendar year. To the extent required by law, Bank of the West will report the value of the offer to the IRS on Form 1099. Any applicable taxes are the responsibility of the account holder. All accounts are subject to the Bank's standard terms and conditions and fee schedule.


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So what prevents someone from charging $10 bucks on their credit card and making automatic daily payments of $1?


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Opt for online statements since after 3 months they charge for paper statements ($2.00)


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LawrenceofArabia said:So what prevents someone from charging $10 bucks on their credit card and making automatic daily payments of $1?

I'm not sure anything does. Easy $100...


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staci86 said:Can anyone comment on whether this is a hard or soft inquiry?
Soft inquiries were observed the last time they offered this.
http://www.fatwallet.com/forums/finance/920657/?start=0


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Be careful when you apply. I wasn't paying close enough attention, and didn't notice that the system automatically checked the box to open a savings account as well. I figured it out when we got to account funding and the system insisted on me sending at least $200 instead of $100.

I tried to call to fix it and gave up after half an hour on hold. I'll see whether they respond to email.


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so what are the gotchas?


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ThePessimist said:Be careful when you apply. I wasn't paying close enough attention, and didn't notice that the system automatically checked the box to open a savings account as well. I figured it out when we got to account funding and the system insisted on me sending at least $200 instead of $100.

I tried to call to fix it and gave up after half an hour on hold. I'll see whether they respond to email.

Same thing happened to me. I'm almost 100% positive that I unchecked the box to open up a savings account, but by the time I got to the funding, it required me to deposit $100 into a new savings account. I'll just transfer the money from savings to checking and withdrawal it after I get the bonus.


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Can one use credit card to fund the initial deposit?


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Hmmmm, I'm almost positive the girl in ad went to my highschool a few years behind me. Amber Smith, and she used to be blonde. If anyone owns the Woodstock 2 soundtrack CD box set, you can see a giant photo of her older sister Celeste as one of the "mud people".


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Well, some banks or accounts charge for online bill pay service. Can you confirm that billpay is free for this account?

LawrenceofArabia said:So what prevents someone from charging $10 bucks on their credit card and making automatic daily payments of $1?


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