Posted by William Charles on March 4, 2019
Bank Account Bonuses

Published on March 4th, 2019 | by William Charles

379

[Expired] Bank Of The West – $150/$300 Checking Promotion[AZ, CA, CO, ID, IA, KS, MN, MO, NE, NV, NM, ND, OK, OR, SD, UT, WA, WI, WY]

Deal has expired, view more bank bonuses by clicking here

Update 3/4/19: It’s also possible to get a $300 bonus by opening the Premier Checking account in branch. To get that offer to show you just need to e-mail yourself a coupon.

Update 2/7/19: Offer is back, but requires a direct deposit this time. Hat tip to readers Varaprasad k & Raj

Offer at a glance

  • Maximum bonus amount: $300
  • Availability: AZ, CA, CO, ID, IA, KS, MN, MO, NE, NV, NM, ND, OK, OR, SD, UT, WA, WI, WY
  • Direct deposit required: Optional, $250+ 
  • Additional requirements: Optional, 10 or more debit card transactions
  • Hard/soft pull: Soft
  • ChexSystems: Yes (inquiry sensitive)
  • Credit card funding: $500 max, Visa/MC only
  • Monthly fees: $10, avoidable
  • Early account termination fee:  $25, 91 days
  • Household limit: One per mailing address
  • Expiration date: August 18th, 2017 September 27th, 2017 March 3rd, 2018 April 13th, 2018 August 24th, 2018 October 15th, 2018 November 2nd, 2018 May 31st, 2019 March 15th, 2019

The Offer

Direct link to offer (send e-mail to yourself to get $300 offer)

  • Bank of The West is offering a $150 bonus when you open a new Any Deposit checking account. Complete the following requirements to get the bonus:
    • $100 for setting up a direct deposit of $250 or more, must post to account by 05/31/19
    • $50 for making 10 debit card transactions per month for the first two months
  • Open a premier checking account with Bank of the West and receive a $300 bonus ($500 minimum opening)
    • Must maintain a combined balance of $25,000 for the first two full calendar months immediately following the month in which the opening deposit posts to the account

 

The Fine Print

  • Requirements to Receive Up to $150 Bonus: Open a new personal Any Deposit Checking account at a branch or account application submitted on bankofthewest.com between 02/04/19 – 3/15/19 with any opening deposit amount ($0.01 or more) with funds new to Bank of the West (Bank) received and posted to the account no later than 3/22/19. This offer is also available for any other consumer checking account (minimum to open $100). UCB Student Checking and Premier Checking excluded.
  • To receive the $100 bonus, customer must have a direct deposit of at least $250 (two or more direct deposits that add up to $250 do not qualify) posted to the account by 05/31/19. Direct deposit must be payroll, Social Security, pension or other government benefits.
  • To receive the $50 bonus, customer must request, receive and use a new Bank of the West Debit Card linked to the new checking account for 10 or more debit card purchases all of which must post to the account by the last business day of the month for each of the first two full calendar months immediately following the month in which the opening deposit posts to the account, for a total of 20 or more transactions. Each purchase must be $3 or more. ATM transactions are excluded. All required purchases must be posted by 05/31/19.
  • Bonus limitations:
    • Offer is not available to existing Bank of the West customers with an open checking account as of 02/03/19.
    • If the customer or other individuals residing at the same address received or may receive any other consumer checking bonus from the Bank between 06/01/17 – 06/27/19, then no one at that address is eligible.
    • Limit of one $50 and one $100 consumer checking bonus per individual and per mailing address.
    • Account must be in open status and have a positive balance as of 05/31/19 to be eligible to receive any bonus.
    • Bonus will be credited to the open checking account by 06/28/19.

Avoiding Fees

Any Deposit Checking $10 Monthly Fee ($150 Bonus)

This account has a $10 monthly fee. This is waived if you qualify for one of the following:

  • Choose any deposit method (mobile, ATM, in-branch, or direct) and make a deposit of any amount each statement cycle
  • If any account holder is under 25 years of age

They also charge a $3 paper statement fee, so make sure you have paperless statements set up.

Premier Checking Account $30 Monthly ($300 Bonus)

Waived when you do the following:

  • Maintain at least $25,000 combined average monthly balance4 in this Bank of the West Premier Checking account plus other eligible personal Bank checking, money market, savings, CDs, and IRAs, and prior end-of-month account balances in eligible BancWest Investment Services5 investment accounts

Early Account Termination Fee

There is an early account termination fee of $25 if your account is closed within 91 days of account opening.

Bonus History

  • Update 09/23/18: Previously you got a $100 bonus for completing the direct deposit requirement and a $50 bonus for completing the debit card requirement. Now you can just do one or the other and get the full $150 bonus. Hat tip to readers calwatch and Andrew.
  • Update 07/17/18: Deal is back and available until September 24th, 2018. Thanks to kit_tea_kat.
  • Update 03/13/18: Back until April 13th, 2018. Hat tip to reader Casey

Our Verdict

They have offered bonuses of up to $300 in the past but that required deposits of $50,000. The $300 deal is back and only requires $25,000 this time. This account earns 0.01-0.02% APY, so basically nothing. If you put the $25,000 into a 2.5% APY account for 91 days (enough for the bonus to hopefully post and avoid the early account termination fee) you’d earn $155, so I think you’re best off sticking with the $150 bonus.

The $150 deal is the one most people usually went for and that’s the same except it’s a little bit more difficult to keep the account fee free this time around as having $1,000 in there no longer waives the monthly fee. Still worth doing if you’re in the area I think and because of that I am adding it to our page on the best bank account bonuses. Some people might want to wait for the version with no direct deposit to return.

Big thanks to reader, Trippy who let us know. Learn how to find bonuses and contribute to the site here.

Useful posts regarding bank bonuses:



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Jason
Jason

the link also has 300 bonus with 25000 depost

Saf
Saf

I don’t see that.

Jason
Jason

if you use mobile like IPAD or Cellphone open you will see it

erichsiao
erichsiao

I see it, too.

Icemule1
Icemule1

I don’t see this and I’m using my iPhone. Maybe it’s dead now.

Gmoney
Gmoney

I’m not eligible since I did one of theirs last summer. They were chex sensitive when opening online. I had probably over 10 inquires at that time but I really don’t keep track of that since I try opening accounts whenever bonuses come available.

They declined my account online, but I went in person the next day and opened it no problem. CC was declined in branch. I’m pretty sure I tried Citi Doublecash.

Sully
Sully

Be aware that for the additional $50 bonus you must meet the 10 transaction totals in the 2 months following account opening. For example, if you open August 1st, you must do 10 transactions in September and October, not August and September. I stupidly screwed this up back in March and didn’t receive the $50 (opened 3/1 and did purchases in March and April).

Jeff G
Jeff G

I am confused by “calendar month”. If I opened July 15, is the end of my calendar month Aug 15? Or is it a true calendar month ending July 31?

Dan
Dan

To receive the $50 bonus, customer must request, receive and use a new Bank of the West Debit Card linked to the new checking account for 10 or more debit card purchases all of which must post to the account by the last business day of the month for each of the first two full calendar months immediately following the month in which the opening deposit posts to the account, for a total of 20 or more transactions. Each purchase must be $3 or more. ATM transactions are excluded. All required purchases must be posted by 10/31/17.

jason
jason

it was very stranger here.when I try to open online.type my zip code it showed Unfortunately, Bank of the West accounts aren’t available in the ZIP code you provided. But there is a bank of the west just locate at 2 street block away. I live at Ca

Jeff H
Jeff H

Odd in deed !! Chex Systems says pulled by San Ramon, CA office 07/12/2017

cocoli
cocoli

I applied an checking account for $150 on March, still have not got bonus. Sent an email, the answer is waiting for end of July statement because they would review it end of July.

Zachek
Zachek

I’m in the same boat. And I forgot to do the 10x $3 amazon loads last month and got hit with the $10 fee… ugh.

Zachek
Zachek

Cancel that. I must have just received the $150 in the last 24 hours.

Theory
Theory

I did the last deal for $150 a couple months back (actually only got $100 cuz I didn’t read the “transactions must be $3” fine print, whoops!), and I found this bank to be a logistical pain. SMs took several days to get a response, and they were never very helpful. The bonus took 3.5 months to post, which was expected because the DPs indicated that from previous bonuses. And now they require a monthly deposit to keep it fee-free? Meh, I’d probably pass on this one even if I was eligible.

JG
JG

plus they count AMZN GC purchases as ATMs thus not counting them toward 10 deb transactions

JohnP
JohnP

Amazon GC reloads worked fine for me to get the additional $50 bonus

LC
LC

The debit card requirement is a HARD requirement. i did the 10 debit card transactions of $3 for consecutive months but started it the month i got the account and they won’t give the bonus.

Adrian
Adrian

BotW never gave me the $50 for the 10x debit card transactions.

Opened account mid March. I did 10x purchases for March-July, never received the extra bonus. Called them multiple times and they stated that as long as I met the requirements I would receive the bonus. Obviously not…

They paid out the $100 right around 90 days so at least that part was successful.

Based on the posts here and the last bonus review page, I wouldn’t bother with the extra $50.

Just requested my account be closed last night.

Think I’ll skip future BotW offers, too much hassle for $100.

Adrian
Adrian

Forgot to mention all my debit card transactions were $5+ and from Venmo like I do with all other checking accounts.

DrBooyah
DrBooyah

Just FYI, I opened an account around the same time and it states that bonus will be credited by 7/31/18, so there’s still time…

Mel
Mel

Venmo transactions coding as ATM, hence there’s a risk of not counting for the bonus.

Mel
Mel

Ignore my previous comment. Looks like, Venmo first shows as ATM then shows as POS the following day.

RJ
RJ

I did this deal a few months back also. They mistakenly counted the trial deposits on the last day of Feb. as opening deposit. I referred the CSR to the SM I received stating exactly which months I needed to make the 10 DC transactions. They are going to credit me the $50, but it will be a month later than it should have been.

So to anyone who wants to try this deal, SM the bank, asking exactly which months you need to make the 10 DC transactions.

Max
Max

Bank of the West pulls Chex and is very inquiry sensitive. I was denied in branch.

eclipsor
eclipsor

So sounds like I could do this again if I closed my account in June and just use a different address right? I’m moving anyways

LC
LC

Also, be very careful with this requirement below. IMO this bank just isnt working the hassle.

” If the customer or other individuals residing at the same address received or may receive any other consumer checking bonus from the Bank between 11/01/2015 – 11/29/2017, then no one at that address is eligible.”

KG
KG

Datapoint: Citi HHReserve does not work for funding as it might be coding as cash advance

Jeff H
Jeff H

Fairly easy new account process – some questions did not apply. I so indicated and still passed.
$500.00 Fidelity Visa funding – almost instant text alert from Fidelity verifying card not present activity.
Bank of the West provided account number and routing number after approval.
Signed up for online banking after approval without debit card in hand.
Mobil Alert verifying registration very prompt.

My intent is to settle for the $100.00 bonus. Bank is in reasonable distance to me. We will see how MOs are received when MO funding is appropriate.

Jeff H
Jeff H

From Bank of the West email

To view your account number and application details, log in to My Applications.

https://accountopening.bankofthewest.com/oflows/web/login.seam?cid=19051

Jeff H
Jeff H

Applied July 12th CC funding Fidelity Visa $500.00 which posted on Fidelity Visa account July 14th.
July 17th Deposit $500.00 showed up on Bank of the West as “processing” in the online account access

Rene
Rene

FWIW: I did this promo last year and it worked all smoothly. They had two more, smaller $25 promos following in short order (i think bill pay and android pay). Worked all smoothly for me. Followed all requirements and got all bonuses paid in a timely manner.

I had a little hiccup when opening the account. I had to call in to verify my identity, but beyond that, it went all smoothly. There are 5 branches within 10mi of my home, but I never had to set a foot into any of them. Totally recommend it.

Also, I really don’t want to be the asshole here, but if you don’t follow the instructions — and DoC does an excellent job digging out the details — you can’t blame the bank for not honoring the promo. I get that this is frustrating, I was too when I messed up a $300 Citi promo — but that happens. Most of us have been there at one point or another.

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