Bank Of America Checking Account Offers 2020

You can earn $200 bonuses for opening a open a personal checking or business checking account. Don’t forget to use your debit card for free museums admissions and free year of GrubHub+.

Headquartered in Charlotte, North Carolina, Bank of America has grown to become one of the “big four” banks in the United States since its establishment in 1904.

With operations in more than 35 countries around the world, Bank of America offers a vast array of products such as CDs, Savings, Checking, much more through a wide network of branches.

How Much Americans Have In Their Checking Account

Advertiser Disclosure: Many of the offers that appear on this site are from companies from which receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). We do not feature all available offers.

Editor’s Note: Even if you already have Grubhub+ (such as from Amazon), you can still enroll via the offer link above and Grubhub will email you a code for $5 off each of your next 3 orders!

Bank of America is offering a $300 bonus for targeted customers when they open a new checking account and complete one of the eligible requirements,  

The Complete Guide To Bank Of America Preferred Rewards

We try our best to find all the latest Bank of America promotions and offers because they are top of the line. Once you open an account with them, you are eligible for other services that other banks simply don’t or can’t offer.

Whether you are a business owner looking to keep your money safe or you are teaching a child how to save money, you should look at Bank of America.

For those interested in being a part of an industry-leading financial institution while offering superior products and services, therefore definitely check out our list below as well as our list of best bank offers!

Expired] Bank Of America, Up To $750 Business Checking Bonus (targeted)

*Compare Bank of America Promotions with other bank bonuses from banks like Citi, Huntington, HSBC, Chase, TD, Discover Bank, Aspiration, Axos Bank, PNC Bank, BMO Harris, SoFi, Fifth Third Bank, Wells Fargo, U.S. Bank, and more!

Best Bank Promotions in MississippiHSBC Advance Checking Promotion: $300 Bonus [Targeted]First Bank And Trust $300 Checking Bonus (FL, LA, MS)Home Savings Bank $150 Checking Bonus (OH, PA, VA)

Advertiser Disclosure: Many of the credit card, cd, savings, checking offers that appear on this site are from credit card companies and other financial institutions from which receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). We do not feature all available credit card, cd, savings, checking offers or all financial institutions.

Best Bank Account Bonuses For March 2024

Editorial Disclosure: Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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Everything You Should Know About Bank Of America's Preferred Rewards Program

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.Bank account bonuses are some of the lowest hanging fruit on the periphery of the games we play. In my household, we have banked $4, 680 in new bank and brokerage bonuses in 2020 with another $1, 525 expected on the way. That’ll be a grand total of $6, 205 in 2020 bank account bonuses between me and my wife. While six grand won’t pave our patio in platinum or speed up our retirement measurably, bank account bonuses are like the epitome of pajama points — only in cold, hard, cash…except contactless (

). This post is a progress update that will summarize which bonuses we’ve earned, which we’re still awaiting, and where we go from here in 2020.

Here is a list of bonuses we’ve earned this year with links to the pertinent sections below outlining the deals we pursued. In parenthesis, I’ve listed whether Player 1, Player 2, or both have done the bonus in 2020 (in some cases, one of us has done the bonus previously or plans to do it in 2020 and/or there was a large deposit requirement that we didn’t want to double, hence why we haven’t overlapped on all of them).

Bank Of America

Total: $4, 680.40 (note that the Webull brokerage bonus came in the form of free stock, which I kept and has increased in value by more than $90 as of the time of writing, but I didn’t include that here as I’m sure many would have cashed it out right away).

Bank account bonuses can be surprisingly lucrative. Some can be frustratingly complex, but the juice can definitely be worth the squeeze in many cases.

Checking account bonuses have in common is that they usually require some amount of direct deposit (the amount varies considerably; within this post you’ll see some bonuses that only required $500 in direct deposits and others that required ten times that amount). While terms typically indicate that a direct deposit must be funds from an employer, pension, social security, etc, seasoned bank account bonus chasers know that in reality other things often work. Doctor of Credit maintains a fantastic resource page with data points about what works and doesn’t with various banks. I highly recommend checking there (and their general bank account reference pages) if you are more interested in bank account bonuses than your company’s HR rep is.

Bank Of America Promotions: March 2024

I’m noting in this post when I’ve triggered a bonus with an ACH transfer. In all cases, that means a push from the external account into the target account rather than a pull the other way around. I intentionally haven’t noted which bank I used to push the money in most cases. There are two reasons for this: first, Doctor of Credit maintains an excellent resource that doesn’t take much effort to search. Second, my single data point for each account type is of highly limited value since things may have changed. What worked for me may have stopped working. It’s like the old adage about giving a person a fish versus teaching them to fish. I’ve shown you to the fishin’ spot, but you’ll have to cast your own line.

If you take away one tip, let it be this: take screenshots. If you ever need to follow up on a bonus, they can be helpful. All of the screen shots in this post are my own except for one that Stephen had already uploaded. I keep records of any offer for which I apply.

Finally, keep in mind that some banks will deem it risky if you have opened up many bank accounts in close proximity. Try to space things out rather than trying to open ten accounts at the same time.

Bank Of America Advantage Banking: Explore Checking Options

I wrote last year about how bank account bonuses can be well worth a little time and effort. They can be particularly worthwhile for those of us playing the game in multi-player mode. Here are the bonuses earned in my household so far this year:

Citizens Bank (a smaller regional bank in the Northeast-ish area) had an online offer earlier this year (that is back on again right now) to get a new checking account bonus of $300 for opening a checking account with a direct deposit of $500 or more within 60 days. They simultaneously offer a $200 bonus for opening a savings account with a deposit of $15K — that money has to remain in the account for 3 months. If you do both of the above, you can get an additional $100. We earned the full $600 with thisapproximate timeline:

The Citizens Bank One Deposit checking and One Deposit savings accounts each require one deposit per statement period to remain fee-free, so we had set up automatic transfers from one account to the other every two weeks just to keep both fee-free. Writing this post reminds me that we intend to close these, so I’m adding that to my personal end-of-year checklist.

Checking Vs. Savings Accounts

We had written about this bonus here. The short story is that SoFi Investing offered a targeted bonus of 1% of you net deposits by 6/30 for some users (up to $500K in deposits). The bonus was to be deposited into your SoFi Investing account within 5 days from the end of the promotion and it posted on time.

This money had

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