$100 opening bonus ~ Bank of America checkings

This is a good deal for people who need to have a Bank of America account for relationship bonus without much effort.


  • Nationwide


  • 12/31/2019
  • 6/30/2020
  • 12/31/2020
  • 6/30/2021
  • 12/31/2021


  • Receive two $250+ direct deposits within 90 days


  • Offer is available online only and is limited to individuals who have not owned or co-owned a Bank of America personal checking account within the last twelve (12) months. Fiduciary accounts (e.g., trust accounts), business accounts, second or multiple personal checking accounts are not eligible for this offer. Offer expires on December 31, 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 account” 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 December 31, 2021.

  • (3) Set up and receive Qualifying Direct Deposits of $1,000 or more in your new personal checking account within ninety (90) days of account opening.

  • A “Qualifying Direct Deposit” is a direct deposit of regular monthly income – such as your salary, pension or Social Security benefits, which are made by your employer or other payer – using account and routing numbers that you provide to them. Examples of non-qualifying transfers and deposits include the following: teller deposits, wire transfers, debit card transfers, ATM transfers or deposits, Online and Mobile Banking transfers or deposits, or transfers from a bank or brokerage account or Merrill account.

  • 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.