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Jefe
Jefe

Not sure if there’s anywhere for this to be noted, but they closed my account for being at a zero balance after I had done the DD and withdrawn it. Which also makes me ineligible for a bonus for another 20 months I believe. Good for them!

L
L

Did you get the bonus before the account closed? Jefe

Jefe
Jefe

Nope. Pretty unhappy about that, what a stupid policy

L
L

Darn! Did you use a “real” DD? If so (& if you haven’t already asked), maybe ask the bank if they can reopen the account if that means you can get the bonus.

Philip
Philip

Promotion got extended until 12/31/2022.

I can confirm that you can use a credit card to fund the initial deposit over the phone when they call you to finalize the account opening. Even though the representative warned that the transaction would be processed as a cash advance, my BoA Alaska Biz card posted the transaction as a purchase.

David M
David M

Opened my account on 9/17 in the branch (closest branch is an hour and half away). Changed my direct deposit to the new account… DD will deposit tomorrow. Checked my account online today and the account shows closed…

Now currently on hold to speak to someone who can fix this mess.

HoKo
HoKo

Any updates on this situation?

David M
David M

I had attempted to open the account online first, but my address is in DC, and I was denied. So that’s why I decided to make the trip to the branch. Everything seemed fine. But apparently my account was flagged by the back office, and they didn’t want my account to stay open because I’m outside their footprint…

Very surprised they ended up investigating as much as they did… Hate that I wasted the trip.

HoKo
HoKo

Yeah that’s definitely an annoying situation. Do you know how strictly they enforce the footprint requirement? I.E. There was another comment on this post saying that you need to live in a county where they have a physical branch. Did they tell you the same thing?

David M
David M

They didn’t say anything like that. I was told that if I ended moving to MD or PA, they would be able to open an account, but I would need to go through a more stringent address verification. This bank does not play.

HoKo
HoKo

K, thanks for the update

Not all of PA
Not all of PA

I have a PA zip code that does not qualify. They have a link to the list.

BUBU
BUBU

DP:
8/8/22 account open
CC funding $1450 B of A Cash rewards
8/18/22 DD $1250 (real)
9/6/22 $400 bonus pending!

Philip
Philip

It was coded as purchase for you? The agent told me there could be a cash advance fee so I hesitated.

BUBU
BUBU

Yes, coded as purchase

Gorgonzola
Gorgonzola

Any DPs for non-payroll DDs?

DSP
DSP

Allows $1500 funding with CC over the phone when they called me to finalize setting up a new account.

Gorgonzola
Gorgonzola

This bank is found in plaid but get an error message every time before I can even get to a login page. Won’t be able to use Astra without it.

S
S

Denied – Must live in the same county as one of their banks

pk
pk

Did the online app and got this message:

“Thank you for applying with PeoplesBank.
A PeoplesBank representative will contact you soon to discuss your application.”

Not sure what that means, guess I will find out in a few days. Anyone else have this happen?

Bill F
Bill F

Yes, they called and basically verified information. Was able to open an account without a problem. Would have been nice not to go through this extra step, but bonus will be worth it.