202
Leave a Reply

avatar
 

  Subscribe  
newest oldest most voted
Notify of
carl wilson
carl wilson

7/13 opened account with $1200 using Citi dc, posted as purchase.
Next 60 days, pushed $500 + from Pnc, Schwab brokerage, discover savings, and mobile check upload.
9/6 deposited $10,100
10/22 withdrew $10,100
10/23 $500 bonus posted

Did bonus in 2016 and 2018, I’m located in IL and WI. 3 for 3 baby!

josh
josh

nice work Carl!

josh
josh

Account opened 7-11-20. One real employer DD over $500. 10k in account at day 55. Bonus posted today!

Celia
Celia

Anyone know if I can downgrade my account (Associated Balanced) to the no minimum checking without losing the bonus? Didn’t want to leave 1K in there for the full year before I can close it. TIA

Gadget - Bank Bonus Geek

“Account must be open at the time the bonus is paid and must remain open for a minimum of 12 months.”

Doesn’t say you cannot downgrade… so you can. Just do it after the bonus posts.

Celia
Celia

It’s long posted, thanks. Was doing paperwork and forgot I had 1K in there. Appreciate it.

nikolazo
nikolazo

What would be the most bulletproof way to have a direct deposit qualify? Would a deposit from any business checking account work? Or a stripe deposit? Anything that without fail would work that just requires signing up?

Gadget - Bank Bonus Geek

Most bulletproof: A real dd. It says “Person to Person payments and transfers from external accounts do not qualify for the required direct deposit transactions to receive the monetary bonus. ”

There are not a lot of datapoints because many of the past offers did not require a Direct Deposit… there were alternate ways per the terms in those offers.

Even if you get someone to give you a “bulletproof DD” option, it can change.

Pick a couple of common alternative methods and go for it. I would pick a brokerage, and one of the common hubs.

Some people like TreasuryDirect because it’s coming from the Gov… and they don’t do trial deposits. But they are a pain in the ass to signup for and not that user-friendly, as I understand.

https://www.doctorofcredit.com/knowledge-base/list-methods-banks-count-direct-deposits/#Associated_Bank

Per that link, PNC & Ally should work…

And when you get your bonus, feel free to come back and report what worked. Or, if it didn’t, report that too.

wilsonhammer
wilsonhammer

Might want to leave a few bucks in the account and fire off a bill pay once a quarter? ¯\_(ツ)_/¯

From the Access fee PDF (https://www.associatedbank.com/pdf/Access-Checking-Product-Disclosure.pdf)
If an account with a positive balance is inactive with no transactions (withdrawals or deposits) after six months, it will become dormant.

From the Pricing Guide (https://www.associatedbank.com/deposit-account-disclosures-and-agreement)
5.16 Dormant Accounts
The Bank considers an Account dormant if no deposits or withdrawals are made, or if you do not write to us indicating an interest in an Account, for an extended period of time.
Dormant Accounts are subject to applicable state Unclaimed Property Acts. We will attempt to contact you at the last address we have on our records prior to remitting any funds to the state (if your Account is considered abandoned under state definitions).

Gadget - Bank Bonus Geek

After the 4th month, they send you a postcard in the mail reminding you to use your account. Any transaction will avoid this – bill pay – trial deposits – ACH.

Jatan
Jatan

7/9 Registered for referral ($50 GC)
7/10 Opened Access checking using $500 promo link
9/5-10/14 Maintained 10k balance (few extra days to play it safe)
10/16 Bonus pending (just shows “$500 deposit”)

Did $500 pushes from each WF/Fidelity/Ally/TreasuryDirect for DD — not sure about $50 referral GC status yet

nikolazo
nikolazo

Any DPs from people who did NOT use a real work direct deposit?

Adam D
Adam D

Yes, I used fidelity, cap1, paypal and a sportsbook, if I had to guess I’d say fidelity works

nikolazo
nikolazo

thank you Adam – any others?

NIck
NIck

Did a real work DD, bonus just posted today right around day 100

wilsonhammer
wilsonhammer

Opened first week of July. 1 x $500 real employer DD. Held a little over 10k from days 60-90. Bonus posted at day ~100.

AllwaysLearning22
AllwaysLearning22

Got denied for the online application saying I can open in branch. I suspect maybe it was because of the answer to the question “Do you have second citizenship”, which I do.

I guess I have to go to an office. Emailed myself a promo code and will see how it goes.