Checkout the latest Bank of Hope promotions, bonuses, and offers here!
Currently, you can take advantage of their $500 bonus when you open a new checking account and complete the eligible requirements.
Bank of Hope Promotions Review
Bank of Hope is a full banking service institution and they offer a wide variety of products that caters to your banking needs. They offer commercial and consumer products and services now includes residential mortgage and warehouse lending, credit cards, equipment lease financing and foreign currency, among others.
- Bonus Links:
- $500 Checking Bonus (09/30/2021)
- Account Type: Checking Account
- Availability: AL, CA, IO, NJ, NY, TX, VA, WA
- Branches: 53 (Branch Locator)
- Credit Inquiry: Soft Pull or Hard Pull?
- Direct Deposit Requirement: Optional
- Credit Card Funding: None listed
- Early Termination Fee: None listed, check with CSR for more information
For more current offers, check out our bank bonuses page. Compare Bank of Hope rates for CDs and Savings with our best rates for Savings and CD accounts.
Be sure to check more popular bank promotions include Chase Bank, Bank of America, Citibank, Discover Bank, CIT Bank, TD Bank, Huntington Bank, HSBC Bank, Wells Fargo and many more.
I’ll go over Bank of Hope offers below.
Bank of Hope $500 Checking Bonus
- What you’ll get: $500
- Where it’s available: AL, CA, IO, NJ, NY, TX, VA, WA
- How to earn it:
- Open any new Personal Checking or Business Checking account
- Then complete the following requirements:
- Maintain an average balance of at least $20,000 for the first 4 months of account opening
- Complete the following three activities within 90 days of account opening
- Request a debit card and make at least one debit card purchase or ATM deposit/withdrawal
- Register for Personal Online Banking or Business Online Banking
- Enroll in e-Statements
- When it expires: 09/30/2021
(Offer expires September 30, 2021)
Editor’s Note: You can potentially earn up to $550 bonus with this promotion. You can earn an additional $50 bonus towards a basic checkbook order.
|Furthermore, I would compare this offer to Citi Priority Account (Up to $2,000 Cash Bonus), U.S. Bank SmartlyTM Checking (Up to $600 Bonus), Fifth Third Bank Momentum® Checking ($275 Bonus), SoFi Checking and Savings Account ($275 Bonus), Chase Total Checking ($200 Bonus).|
Headquartered in Los Angeles, Bank of Hope has been providing financial services to the largest Korean-American community in the country for more than 37 years and is today one of the leading Asian-American banks in the United States.
Checking Account Bonuses
Bank of Hope offers cash bonuses for new checking customers from time to time. Sometimes you have to open a checking plus savings account package to earn these bonuses.
As an added perk, Bank of Hope checking accounts offer free online banking, mobile banking, and mobile deposits.
Special Checking Account Features
All Bank of Hope checking accounts come with these features:
- Debit card convenience
- 24/7 Telephone Banking
- FDIC Insured
- Online Bill Payments
What to Open at Bank Of Hope
Keep your eye out on these great Bank of Hope products:
- Checking: You can earn a $500 bonus when you open a new qualifying checking account and meet the eligible requirements.
How to Avoid Bank of Hope Checking Account Fees
- Regular Checking: $7, the monthly service charge can be waived if:
- A minimum daily balance of $500,= or
- Aaverage daily balance of $1,000 during each statement is maintained.
- Basic Checking: $3, the monthly service charge can be waived if:
- 5 or more ATM/Debit card
- ACH transactions are made per statement period.
- Reserve Checking: $10, monthly service charge can be waived:
- If a minimum daily balance of $1 is maintained in linked Regular Checking Account.
- Interest Checking: $15, the monthly service charge can be waived:
- If a minimum daily balance of $2,500 or
- Average daily balance of $5,000 during each statement is maintained.
- SmarTEEN Checking: $3, the monthly service charge can be waived if:
- There are 5 or more ATM/Debit Card or
- ACH transactions per statement period.
Savings Account Offers
- Savings: This account earns 0.01% APY. Minimum deposit $1 and there are no monthly service fees.
- Certificates of Deposit
- Standard Term CD: 0.25% – 0.35% APY. Ranging from variable balance tiers.
- Money Market: 0.01% – 0.10% APY, depending on amount. Varying minimum balances to earn APY.
Bank of Hope offers great promotions, bonuses, and offers. However, keep in mind that waiving the monthly service fees can be difficult if you cannot meet the high account requirements.
Additionally, you can find a full list of the best bank promotions here. Finally, remember to bookmark this page because you will always find an updated list of Bank of Hope promotions here.
Leave a Reply