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L
L (@guest_1916668)
September 21, 2024 06:55

3/26: Opened online with $1000 CC funding. Rep called to ask verification questions.
3/29: $500 DD
4/3: $500 DD
5/3: $500 DD
6/3: $500 DD
7/6: no statement because I didn’t have any account activity. Ooops.
7/10: $500 DD
7/30: I sent a very kind SM asking about the status of the bonus since it had been 125 days since account opening.
8/6: 5th statement date. Received reply and $300 bonus posted.

Meg
Meg (@guest_1890988)
August 10, 2024 10:23

Opened account on 4/15 funded 1k with Chase Visa
5/21 Chase transfer
6/25 Wells fargo transfer
7/18 Chase transfer
8/6 $300 Bonus posted as CD Renewel Promo

I thought I had to do this for 1 more month but I logged in and to my surprise, I saw the bonus posted. I guess the initial funding counted too?

JD
JD (@guest_1891286)
August 11, 2024 01:42

No, the initial funding doesn’t count. See Gadgets comment below and keep in mind you had 45 days to make the first DD, so since you didn’t do that until the 2nd statement cycle you would have only needed three. Even if you had opened with just $25 initial funding you would have gotten the bonus 8/6. Theoretically, the minimum is two DDs, I may try that next round just for kicks.

Gadget 🕵️‍♂️ Bank Bonus Geek 🔗
August 8, 2024 11:19

Also note with this bank, the bonus paid out on the closing date of the 4th statement…

5/6 1st statement close
6/6 2nd
7/6 3rd
8/6 4th statement close = bonus payout

This is with a 4/9 & 4/11 opening date. (larger DP went to SPAM)

Gadget 🕵️‍♂️ Bank Bonus Geek 🔗
August 8, 2024 10:16

P2 DP: 4th DD not required IF you skip the DD in the first month. (In the most recent terms, they give you 60 days to start the DD. DoC terms are old.)
Treasury Direct works as a DD.

P2:
04/09 Account approved Online – In-state but few hours away from a branch.
$1000 CC funding – Citi Double Cash purchase
04/17 Linking Treasury Direct shows a $0.00 transaction for: Tax Payment to Treasurydirect / TREASURY DIRECT TREAS DRCT 240417  
05/21 $500 “U S Treasury Fms”
Description Salary/Regular Income from U S Treasury Fms 
Original Description APA TREAS 310 MISC PAY 240521  
06/18 $500 “U S Treasury Fms”
07/16 $500 “U S Treasury Fms”
08/06 $300 bonus CD RENEWAL PROMO”

P1 DP: Still up for debate, I think they go by statement months or 30 day periods from opening date – NOT calendar months, for your “monthly” DD’s. P1 had no qualifying DD for the month of June, OR Wells Fargo counted as a qualifying DD.

P1:
04/09 Online application
04/11 Account approved
$250 CC funding – Citi Double Cash purchase (only $250 because I didn’t know it was $1000)
05/01 $501 Real DD
05/31 $501 Real DD
06/06 $501 Wells Fargo ACH (just to get a June DD in there – likely did not count)
Description Wells Fargo Deposit
Original Description WELLS FARGO IFI DDA TO DDA 240606
07/01 $501 Real DD
08/01 $501 Real DD
08/06 $300 bonus “CD RENEWAL PROMO”

P1 could have skipped the August DD.

lalalallala
lalalallala (@guest_1889718)
August 8, 2024 00:12

03/09/2024 Open account
03/15 Employer DD
04/26 Employer DD
05/24 Employer DD
06/21 Employer DD
07/19 Employer DD

No bonus so I called them on 08/05, they said I didn’t attach a promo code(which I don’t think there was one?).

08/06 $300

JD
JD (@guest_1889741)
August 8, 2024 01:01

Pretty sure there isn’t any code to attach. I opened an account around the same time in March 2024 and accidentally used the link from the offer that expired last November. Still received the bonus automatically, but it posted as the expired 2023 offer and not the CD renewal people are seeing now. Seems like their QC isn’t very robust…lol

Emmanuel
Emmanuel (@guest_1889711)
August 7, 2024 23:48

10/2023 Old acct closed after 2x $200 bonus posted
04/06/2024 New acct opened
04/17 $501 Charles Schwab
05/13 $501 Charles Schwab
06/12 $501 Charles Schwab
07/18 $502 Charles Schwab
08/06 $300 bonus posted

joanne
joanne (@guest_1875096)
July 15, 2024 14:39

Closed as soon as bonus hit. No fees.

Lilah
Lilah (@guest_1871146)
July 8, 2024 12:51

3/29/24 opened account funded with $50
4/19/24 Employer DD but no money was deposited, listed as $0
5/3/24 Employer DD $500
5/17/24 Employer DD $500
5/31/24 Employer DD $500
6/14/24 Employer DD $500
6/28/24 Employer DD $500
7/5/24 FCMA DD $500
7/6/24 CD Renewal Promo $300

Same as below, either they recognized the $0 DD as counting for April or only three months were required.

Charlie R.
Charlie R. (@guest_1870398)
July 6, 2024 11:51

3/20/24: opened account, funded $1K with Chase Marriott Bonvoy Boundless card
3/21/24: trial deposits posted to account to link a Fidelity CMA account, has the description “Salary/Regular Income from National Financial Services” on the transaction ledger at Sandy Spring
5/1/24: $510 real DD, has the description “Salary/Regular Income from [my employer]” on the transaction ledger at Sandy Spring
5/31/24: $510 real DD
7/1/24: $510 real DD
7/6/24: $300 bonus posted as “CD RENEWAL PROMO”

I had only 3 real DD. I speculate that one of these three things happened:
1. The promo was coded incorrectly and only needed 3 total DD to register as complete.
2. The promo was coded incorrectly and didn’t require a $500 DD for at least the first deposit, and it recognized my trial deposits as DD.
3. The promo was coded incorrectly and Sandy Spring recognized my opening deposit from my Chase card as a DD.

JD
JD (@guest_1870421)
July 6, 2024 13:13

Only 3 are needed, one in each of the full monthly statement cycles following the initial partial cycle. Possibly you could get away with just 2 if your first full statement closed before the 45 day deadline to make the first deposit, but then they might not pay you until the 4th full cycle so you’ll still need the third DD.

Charlie R.
Charlie R. (@guest_1870448)
July 6, 2024 14:56
  JD

Ah I see, the terms were a little confusing so I thought 4 total DDs were needed: “To receive the $300 bonus, open any personal checking account online or mention the offer when you call our client service center or visit our branches by April 14, 2024, and establish direct deposit within 45 days of account opening. Initial direct deposit must be at least $500 and must continue for a minimum of 4 months (3 statement cycles after opening cycle).”

CreditCaper
CreditCaper (@guest_1856886)
June 7, 2024 07:34

My bonus posted on 6/6/24 for the account opened on 3/3/24. It posted as a “CD RENEWAL PROMO.”

Dylan Thomas
Dylan Thomas (@guest_1857271)
June 7, 2024 22:18

Same timeline as CreditCaper. Used Fidelity Brokerage as DD.