This is a good deal for people who need to have a Bank of America account for relationship bonus without much effort.
12/31/2019 6/30/2020 12/31/2020
- Receive two $250+ direct deposits within 90 days
Offer is available online only and is limited to new personal checking customers only; you are not eligible for this offer if you were an owner or co-owner of a Bank of America personal checking account within the last twelve (12) months. Fiduciary accounts (e.g., trust accounts) are excluded. Offer does not apply to business, second or multiple personal checking accounts. Offer expires on June 30, 2021. Bank of America may change or discontinue this offer at any time before this date without notice.
Requirements to Receive the $100 Online Only Offer bonus:
(1) Enroll in this offer online by using the “Open now” link on the offer page or by entering the offer code at the time of account opening.
(2) Open a new eligible Bank of America personal checking account online by June 30, 2021.
(3) Set up and receive two Qualifying Direct Deposits of $250 or more each to your new personal checking account within ninety (90) days of account opening.
After you satisfy all of the requirements, we will attempt to deposit the earned bonus directly into your new personal checking account within sixty (60) days. The new personal checking account must be open and in good standing up to and including the date any earned bonus is paid in order to receive the bonus.
To receive your bonus you must provide all of the information we require in connection with opening the account. This includes information we require to identify each account owner and to report the bonus to the Internal Revenue Service (IRS), including a validly completed IRS Form W-9 or Form W-8 (as applicable). The value of this bonus may constitute taxable income to you. Bank of America may issue an IRS Form 1099 (or other appropriate form) to you that reflects the value of such bonus. To the extent required by law, Bank of America may withhold tax or other amounts from the payment. Please consult your tax advisor, as neither Bank of America, its affiliates, nor their employees provide tax advice.
Reproduction, purchase, sale, transfer or trade of this offer is prohibited. Offer cannot be combined with any other offer and is limited to one bonus per new personal checking customer and account. Balances or transactions that count towards qualification for this offer cannot be counted towards qualification for any other offer.