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Fred
Fred

Chase IHG Premier fund for $990

Jonathan
Jonathan

William Charles I posted a comment earlier asking about what constitutes a ‘push’ in order to qualify for the bank bonus for CItizens bank as there are different ways to send money from one account to another…and many banks show the option to send money as a ‘transfer’ which in my understanding, isnt coded the same way as a direct deposit ACH. Can you PLEASE explain if the money being sent from my Chase account to Citizenz bank needs to be a wire transfer or can it be a money transfer online on my chase online account? Please help. Thank you.

MarcoPolo
MarcoPolo

Jonathan
There is tons of useful info under the heading “Useful posts regarding bank bonuses” above especially the “A Beginners Guide To Bank Account Bonuses”
Please click on the link and you will find all the info you need.

Jonathan
Jonathan

Hey Marco, it seems that my questions always goes unanswered. I’e already checked ‘A Beginners Guide to Bank acount bonuses’…and no where do I see it address my simple question. Im not an idiot and when you want to send money from one bank account to another, there are generally 2 options for most banks: wire transfer or money transfer. Both ways generally get coded as ACH but there is a distinction between the two in regards to how it shows up on the receiving banks statement. When I transfered money from one of my personal checking to a second checking account, it showed up as ACH Deposit P2P…which means person to person transfer, which, didnt qualify me for the bank bonus. So again, my question was simple: do I do a direct deposit thru the wire transfer way since Im not using the traditional direct deposit from my employer. THank you in advance for your help. Jon

Jonathan
Jonathan

Hey William, I love your posts and read them all the time. However, I seem to keep getting confused with the whole DD from one account to another to qualify for the bank bonus. I opened a Citizens Bank account, and want to do a ACH from Chase to Citizens to qualify for the bonus. However, when you got to chases website, the only options available is transfer to external account. And I know that with other banks, when you do a transfer from one bank account to another bank account, it often gets coded as ‘Person to Person ACH deposit. This actually happened with another bank I have and therefore, I don’t think I’m getting the bank bonus. Does the transfer have to be from a business account to my personal checking account, in order to be coded as a ‘Direct Deposit’ and qualify for the bank bonus? Please help. Jonathan.

Luke
Luke

4/06 Opened One Deposit Checking
4/20 $500 Chase Checking Transfer
4/25 $510 BoA Checking Transfer
4/30 $601 Schwab Brokerage Transfer
6/20 $200 Bonus Posted

I only kept $50 in the account and was charge one $10 monthly fee on my 2nd statement 6/06.

Johnny Dingo
Johnny Dingo

Just an FYI to those who applied in Jan 2018. They are not paying out the bonus stating I did not apply in branch which they claim was a requirement. I applied online. I may have missed that requirement…

Jeff
Jeff

That’s bogus. I applied online in January, too. They wouldn’t pay my bonus either until I filed a CFPB complaint. They responded 2 days later by calling and honoring the bonus.

Shaun
Shaun

Thanks for the DPs. May I ask how you triggered the DD? I opened the account online in January, did ACH transfer from Paypal and from Chase Business checking account (each >$500) in February, and no bonus posted. I’d love to raise concern to customer service and/or file CFPB complaint, but also don’t want to draw human eyes to the specific methods I tried to trigger the DD requirement.

Gary
Gary

can the DD from Chase to Citizens bank to qualify for the bonus have to be from the same person, or can my wife send it to my accoutn at Citizens?

MarcoPolo
MarcoPolo

William Charles Chuck
There is a new $200 bonus offer:
Get Paid $200
When you open your first new One Deposit Checking account from Citizens bank® online and make a single direct deposit of $500 or more within 60 days of opening your account*.
https://www.citizensbank.com/promotion/brand/sem/one-deposit-checking/cash-offer-200.aspx?

Bob
Bob

There is currently a better offer (I did the USPS website change of address instructions) – $225 or $400 bonus respectively for these same accounts.

Brian
Brian

Could you elaborate more on the USPS change of address? Was this from a move?

Dave
Dave

DP:
11/30/2017 Opened
1/3/2018 Pushed $500 from credit union
1/9/2018 Withdrew $500
Auto Xfer of $1/mo
4/18/2018 Bonus of $150 posted

John
John

I got greedy and it came back to bite me. I went for the $250 Platinum bonus in late December. I wasn’t automatically approved online and had to send a copy of driver’s license. Problem is, nobody was around to approve it until after New Years. At the time the Platinum bonus expired on 12/31. So my account was opened after 12/31.

Fast forward to now, I did not receive the bonus. I zeroed out the account and sent an SM to close it before 4th statement hit and fees started accruing. Apparently they never got it since my account is now $25 in the hole from the monthly service fee. I don’t really have any recourse to the bonus (can’t ask because I used Fidelity for the DD), but maybe I can get them to waive the monthly fee since I sent the SM before the statement cut.

So learn from my mistake- go for the One Deposit bonus to avoid monthly fees, and don’t wait until the last minute before expiration to sign up for this bank, because they don’t always auto-approve and apparently the account opening date is the day that an employee approves the application.

John
John

To update, I did indeed receive my bonus for this the day after posting this comment! Took over the promised 90 days, but they came through after I lost all hope.