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Frito Pendejo
Frito Pendejo (@guest_597182)
May 20, 2018 09:18

I received the bonus no problem, and I just closed my account via phone call this week after zeroing it out. No mentions of clawback or anything. My account had been open since 1st week of January.

Cindy
Cindy (@guest_589214)
May 2, 2018 13:33

Same as Erik below, I was also denied the bonus because money was deposited by ACH (from other bank). They said that the money needs to be deposited by Cash or Check in person at a physical bank branch.

I had filed a CFPB complaint after calling BOA multiple times without results. And That’s what I was told by the “highest” up at the regulatory dept. When I asked to speak manager, she said she is as high as it gets…

atinge
atinge (@guest_589198)
May 2, 2018 12:49

Just received an email from BOA for $300 bonus of opening biz checking with $5000 deposit in 60 days.

ppsh
ppsh (@guest_566046)
March 2, 2018 14:22

Got the $200 from depositing 1k. Now the consideration is how long to keep it open, with $3k parked in there.

H
H (@guest_562161)
February 20, 2018 15:57

Got the bonus, closed the account and transferred the money to my personal account. Bank withdrew $200 from my account!

Jim
Jim (@guest_562330)
February 20, 2018 23:30
  H

Troubling to hear — may I ask for how long your account was open? There’s no minimum funding period or early closing fee…

H
H (@guest_562335)
February 20, 2018 23:52
  H

2 months

Frito Pendejo
Frito Pendejo (@guest_558313)
February 7, 2018 10:32

I applied on the last day, account went pending and wasn’t actually opened until 1st week of January. I made the necessary deposit via ACH 28 days ago and no bonus yet. Seems everybody got it within 2-3 weeks. I am going to try depositing cash or check just in case. Seems like I won’t be getting the bonus, though.

Frito Pendejo
Frito Pendejo (@guest_565345)
March 1, 2018 07:43

I got the bonus today. I had deposited a $1000 check a few weeks ago to be sure I met their reqs, though I’m not sure if it was actually necessary.

Erik
Erik (@guest_553597)
January 23, 2018 21:32

WARNING:
Long thread, so I am not sure if this has been covered:
I was denied the bonus because money was deposited by ACH (from other bank). They said that the money needs to be deposited by Cash or Check*…
Rushing to the bank tomorrow to deposit cash [within the 60 day time-limit]

*) “Qualifying Deposits” are deposits of funds into your new Small Business checking account new to Bank of America. A transfer done via ATM, ***online***, or teller, or a transfer from a Bank of America consumer account or brokerage accounts such as Merrill Edge® or Merrill Lynch account ***is not a Qualifying Deposit.***

Jim
Jim (@guest_553609)
January 23, 2018 21:57

Unfortunately, sounds like you encountered an ill-informed BofA rep. ACH’s are fine for the deposit, their T&C language is just a long-winded way of saying the funds must new and come from an external source.

I and several folks have been credited with the bonus. Just scroll down this thread, and you’ll see the same

Erik
Erik (@guest_553617)
January 23, 2018 22:06

That response came from a manager. He got that information from the “Rewards Department”

Jessica
Jessica (@guest_553623)
January 23, 2018 22:18

@ Erik
Thanks for the update. Did you have BOA Business account previously?

Erik
Erik (@guest_553663)
January 24, 2018 01:01

@Jessica,
Yes, I had a BSN account that was closed more than 9 months before this new one was opened.

kraken
kraken (@guest_552589)
January 19, 2018 18:37

Bank of america credit card login-1-209-691-4262

C J
C J (@guest_552530)
January 19, 2018 15:49

Opened account on 10/23/17
Xfer from external account on 11/3/2017
Received a letter on 1/10/2018 that bonus was denied for not meeting funding requirements.
Called in to inquire and they said that my transfer of outside money needed to be funds that were not previously in my (external) account. Like a check from a customer. Rep opened a ticket with promotions department to inquire.

I am not optimistic.

Jon
Jon (@guest_552116)
January 18, 2018 17:15

Maybe someone can help me here. Applied and met requirements, but did not receive the $200 bonus. Reached out on twitter and got a rep who researched and called me. He informed me that the bonus was for new banking customers only, and that my offer was declined because I received the exact same bonus in 2016. He said if had closed ALL my BoA accounts and waited six months I would have been eligible again, but I left my BoA credit cards open obviously. Any thoughts/opinions? Should I file CFPB?

Jim
Jim (@guest_552161)
January 18, 2018 18:26

Can you talk to the rep who you’ve been in contact with and review the T&C of the offer? Use some screenshots and such. Nothing about closing all BofA accounts. I have like 5 BofA CCs and a savings and got the $200