Available Nationwide, Bank of America is offering you a $100 Checking Bonus when you open a new checking account and complete simple requirements. In addition, you can earn a $25 referral bonus when you refer your family/friends! Below is all the information and details you need to earn your Bank of America $100 Bonus!
Bank of America $100 Bonus Summary
To earn your Bank of America $100 Bonus, simply open a new checking account and meet a specified requirements.
- Signup Bonus: $100
- Availability: Nationwide
- Expiration: 06/30/2021
- Credit Inquiry: Soft Pull
- Credit Funding: None
- Opening Deposit Requirement: $25 or $100.
- Direct Deposit Requirement: Yes
- Monthly Service Fee: $12 or $25, see below on how to avoid
- Early Termination Fees: None listed
Application Link
Get $100 Bonus offer: If you’re eligible for this bonus offer, go online to apply! Also, don’t forget to refer your friends/family.
Bonus Requirements
Until June 30, 2021, earn a $100 checking bonus once you:
- 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.
Referral Bonus
Recommend any eligible checking account at Bank of America to a friend, and you’ll earn cash. You’ll get a $25 bonus. Here’s how it works:
- Refer up to 10 friends & family each and receive $25 bonus per referral with the email received from Bank of America with the subject line: “Make up to 10 successful referrals, get up to $250”
Avoid Monthly Fees
- Core Checking: You can avoid the $12 fee by having at least one qualifying $250 direct deposit or more, maintain a $1500 or more daily balance, or when you’re a Bank of America Preferred Rewards client (applies to the first 4 checking accounts and savings accounts). Students under the age of 24 are also eligible for the monthly maintenance fee waived if enrolled in high school or college.
- Interest Checking: You can avoid the $25 fee by maintaining a balance of $10,000 or more and/or if you’re a Bank of America Preferred Rewards client (applies to the first 4 checking accounts and savings accounts).
Author’s Verdict
This Bank of America $100 Bonus is an okay bonus. This triggers a soft pull to make it more worthwhile! If you already have an existing account, you can still have a chance to earn a bonus when you refer to your friends.
If you need ideas on how to meet the debit card purchases requirement, see our post on Meeting Direct Deposit Requirements. Let us know in the comment section below on your thoughts and experience with this bank bonus! Be sure to check back on BankDealGuy for more bank promotions!
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