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Bank of America $75 MyAccess Checking Incentive Bonus

Posted By Jim On 08/31/2010 @ 12:06 pm In Bank Deals | 2 Comments

There’s a “special limited-time online offer” for Bank of America credit card holders (I put that in quotes because these promotions come and go all the time) when they open a MyAccess Checking account online. It’s an online only offer of $75 when you open a new MyAccess Checking account and make a qualifying deposit. A qualifying deposit is one that is at least $125 made within 30 days of opening the account. There is no direct deposit requirement for this bonus, though it’s a way to avoid the maintenance fee (the other way is maintaining a balance, more on that in the fine print section).

The offer code for this promotion is CH75OL1 and you can find out more on their promotion page [3].

Some of the other fine print:

  • There is no monthly maintenance fee (list of account fees [4]) with a qualifying direct deposit OR if you maintain an average daily balance of at least $1,500.
  • Maintenance fee is $8.95 a month unless you have it waived (see above).
  • You must keep the account open until you receive the bonus, or you forfeit it, and the bonus is reported as interest to the IRS.
  • The $75 bonus will hit your account with 90 days of opening the account.
  • There is a limit of one $75 bonus incentive per household ever six months.

This offer expires December 4th, 2010.

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[3] promotion page: http://www.bankofamerica.com/promos/jump/75ssccheck_olblink/

[4] list of account fees: https://www.bankofamerica.com/deposits/index.action

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