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killdozer
killdozer

I did 5 transactions on Mar 29th (5 bill payments and 5 P2P deposits) and its been >75 days since account opening, still no bonus. I signed up with referlive then had associated bank open my business checking account. Any ideas?

It does say “complete five (5) customer”, does this mean me, as in I am a customer of associated bank and need to complete 5 transactions, or do I need a customer of my business to complete these transactions?

Gadget - Bank Bonus Geek

Yeah, customer-initiated transactions is a pretty odd wording but it says debit transactions are excluded. So, in my interpretation, ACH out where it debits your account to a creditor or bank (preferably not setup at Associated) or ACH deposits coming from someone else other than you, should have counted.

The other possibility is that you were not enrolled in the promo. I think the bill pays should have worked, The way most bill pays work is the 3rd party bill payment processor (ie Fiserv) within online banking sends money to your biller, meanwhile, pulls money from your account via ACH to make up for what they sent. From the eyes of Associated Bank, should be the same either way… they get an ACH pull.

killdozer
killdozer

Since it hasnt post in 75 days I can conclude the bonus is not coming. Maybe the promo wasnt properly applied, I am unsure. Is it worth digging in to? Call Referlive? Associated Bank? CFPB complaint? Id say at the very least referlive as they’re the ones who applied the promo.

Again, consuming terminology “customer-initiated”. Is I making a bill payment 5 times customer initiated? What does “customer initiated” even mean? Unsure. Cant say for sure until this definition is determined.

Seeing others getting a fast bonus just from deposits / withdraws im hoping its just an error with referlive and they can honor the promo (fingers crossed)

Gadget - Bank Bonus Geek

Yeah, I can’t tell ya who to call. Normally Refer Live issues the bonuses on these deals, but this offer is different. I would at least try to make an attempt to collect… $300 is on the line. The worst they can do is say no, and you can close the account and move on.

I assume you know, but Michelle is my P2. She only had one successful referral for this year, and it was on 6/1, but I have no other info showing in ReferLive. (in the past RL would show the email address) I assume that one was Betha.

If you would like Michelle’s info, so you know who referred you before you start making calls, hit me up. Gadget at bankbonusgeek.com.

Gadget - Bank Bonus Geek

And, I wouldn’t give them the opportunity to debate “customer-initiated” BS… just inject that your account had more than five non-debit transactions and inquiring on the status of the bonus. Make the problem with their system, not the fine print. killdozer

BW
BW

killdozer same here. I made more than 5 ACH deposits but my bonus never posted within 75 days. Did you get any resolution?

Bertha
Bertha

Wo! $300 bonus posted fast!
• 5/8 Register w ReferLive (via @ Michelle B. refer link), got email confirm
• 5/16 Open account in branch with $100 check for opening deposit; old login works
• 5/18 Deposits: $5, $6, $4, $5; posted 5/19
• 5/18 Withdrawals: $50, 25; posted 5/19
5/26 $300 New Account Bonus posted
Will try to downgrade to Foundation Ck before 6/30 to avoid monthly fee

I still couldn’t figure out how to generate my own referral to post yet. Can anyone give some tips? TIA

MikeSauce

NICE, IM GONNA HIT THIS SOON THANKS FOR THE INFO.

Mark
Mark

Do you get an email that has referral code in it after registering? Registered and haven’t received anything.

killdozer
killdozer

You dont get a code when you sign up, just an email saying: “Thank you for registering with Associated Bank!” with the fine print on how to get the $300.

killdozer
killdozer

I used the same link, have the email and believe I completed the reqs (see my above post). I didnt open in branch though, I was able to get a business account open since I already had a personal and had a business banker open it via email. Since its been >75 days Im not sure if im going to get the bonus.

BW
BW

killdozer did you get the bonus or give up?

killdozer
killdozer

Also, the (5) transacitons can be anything, do 5 0.01 bill pays, 5 ach transfers, etc.

killdozer
killdozer

Was able to open an account over the phone, I already have a personal account with them so I dont have to go in to a branch, I just got to get some docs notarized

John M
John M

pass.

Kyle

Chuck Might want to add that this isn’t available to open online, only in branch.

Dan
Dan

Parking 5,000 for a year is a no for me bro.

Celia
Celia

Can’t you downgrade the account to the no minimum Foundation account after you get the bonus? That’s what I did on the personal account last year.

Josh
Josh

Sounds like it

Michelle B.

Dan You could:

1. downgrade to the Business Foundation Checking®, which has no monthly fee, after getting the bonus (not against terms, as the account remains open)

2. or, close the account after getting the bonus. I’ve never seen a rep care about anything other than making sure no transactions are pending. (technically against terms but likely not enforced, esp with a zero bal)

3. Or, play the completely honest game and just do the $100 bonus and stay with the Business Foundation Checking® for a year.

BW
BW

Too bad you can’t open online, terms are very easy to meet. Terms say you have to open with a promo code but they don’t actually give you a promo code..
. This offer is limited to a new business Associated Bank checking account opened and funded through December 31, 2022, using qualifying promo code by customers who have been registered with ReferLive using the link provided to them by a current Associated Bank customer.

Michelle B.

BW Usually with ReferLive offers, there is nothing special you need to do at the bank, so I am not sure why it is mentioning a promo code on this one.

Normally you just register your info online, use the same info to open the account, and ReferLive verifies that you completed the offer and mails you a Visa Rewards card. However, this offer says the new customer bonus is deposited and not a gift card.

Hopefully someone reports back with their experience and if the reps are aware of the promo code.

Celia
Celia

I was under the impression, based on the footnotes, that the referring person gets the $50 gift card while the referee gets the $100/$300 bonus deposited.

Michelle B.

I 100% agree. New customer’s bonus is a $100 or $300 deposit… the existing customer gets $50 Visa® Reward Card.

Once you register though, no promo code appears, so I am thinking the promo code is something ReferLive communicates to Associated, just like they do for verification of the $50 Reward Card.

Andrew
Andrew

update: this cant be opened online…seems to be only phone or in-person. might want to mention that in the post title/body.

Andrew
Andrew

ive done their personal bonuses several times in the past and the “keep open 12 months” stipulation has never actually been enforced as far as i experienced. ive asked reps to close my account after about 6 months or so, or after the bonus posted, and they’ve closed it for me once i brought it down to a $0 balance, without mentioning any issues of clawing back money or putting a mark/flag on my account