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BobF
BobF

Open 7/9, $50 Deposit
7/13 – DD Work (from Quickbooks) $1200
8/10 – DD Work (from Quickbooks) $9000,
Left $10,000 in to keep fee free
10/12 – $500 Promotional Incentive Bonus posted.

mothman69

2nd successful churn of BMO Harris Business $500 bonus. It went a lot smoother this time compared to last time (https://www.doctorofcredit.com/az-fl-il-ks-mo-mn-wi-bmo-harris-200-500-business-checking-bonus/#comment-966808).

6/4 – account opened in-branch w/ $100 check deposit
6/14 – 10x $25 ACH transfers from Chase
6/30 – $5k deposit (day 26)
10/5 – Promotional Incentive $500 posted (day 123 of 130)

AK
AK

Do you still have to be registered with the state if applying as a sole prop?

Bertha
Bertha

Offer extended to October 29, 2021
DP:
5/24 Open in branch with $100 opening deposit in check
5/26 – 6/4 10 deposits in various amount total $5k
9/27 $500 bonus posted!
10/1 Pull all $ to zero out and will close
Happy churning everyone!

zeer0
zeer0

Any DPs recently with Amazon reloads?

Bertha
Bertha

You shouldn’t need to do Amazon reloads to meet the 10 electronic transactions. I just did 10 deposits (each counted as ACH credit), pushed $ in from external linked bank that total to meet the $1,500 or $5,000 balance within 30 days of account opening date. The banker who opened my account in branch confirmed this.

George
George

This post should be updated because only corporations or LLCs can open online. If you are a sole prop you must open in the branch.

Robert
Robert

New acronym for transferring money between Business accounts. CCD, Cash concentration and disbursement is a type of electronic funds transfer typically used to transfer funds among commercial business accounts. CCD was developed by the National Automated Clearing House Association. CCD supports rapid, secure transactions, with outgoing disbursements that clear overnight.
Found this when I transferred money from Chase Business Account to BMO Harris Business Account.

bobbarker
bobbarker

do you have to have a real business or does it not matter in order to get this bonus

Mark
Mark

This post should be updated that it’s possible to open online and no need to be in-branch. Make sure the address on the account matches the one on your license otherwise it won’t go through and it would fail validating the identification.

Captain Greg
Captain Greg

To be clear, just normal pushes and pulls from other banks count toward the 10 transactions? Do I need to initiate all of them from BMO Harris or anything like that?