Get $300 from Bank of America When You Open a New Checking Account
You've got until May 31, 2025, to take advantage of this deal, but you'll need to sign up online through their special promotion page.
Who Can Get This Deal?
If you haven’t had a personal checking account with Bank of America in the last year, you could be eligible. Note that the types of accounts you can open include Advantage SafeBalance Banking®, Advantage Plus Banking®, and Advantage Relationship Banking®.
The offer isn’t for business or family accounts. When you sign up, remember to use the promotion code PSJ300CIS.
How Do You Get The $300?
To get your hands on the $300, just do these two things:
- Open a new personal checking account on the Bank of America offer page by May 31, 2025.
- Make direct deposits totaling at least $2,000 within the first 90 days. These need to be payments like your salary, pension, or Social Security benefits.
Remember, moving money between your own accounts or depositing cash at an ATM won’t count.
Your account needs to be active, and you shouldn't have any issues with the bank when they make the payment. And don’t forget about taxes! You’ll need to fill out the right tax forms since the bonus might count as income.
What Are The Account Options?
The eligible checking accounts offer different benefits depending on what you need:
- Advantage SafeBalance Banking®: If you want simple banking and to avoid overdrafts, this account could be for you. It has a $25 minimum to open and a monthly fee of $4.95, which can sometimes be waived.
- Advantage Plus Banking®: For more flexibility and the option for overdraft protection, try this one. Start with $100, and the monthly fee is $12, which you might not have to pay depending on certain conditions.
- Advantage Relationship Banking®: This one’s for those who keep more money in their account and want to earn interest. It also starts with $100, has a $25 monthly fee that can be waived, and comes with extra perks.
All of these accounts give you access to handy mobile banking features like security alerts, the ability to control your debit card from the app, and BankAmeriDeals® which offers cash back on certain purchases.
So if you're looking for a new checking account, Bank of America’s offer could be just what you need. Just remember, the clock is ticking—you have until May 2025 to open your account and get that $300 bonus!
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