Posted by William Charles on September 13, 2016
Bank Account Bonuses

Published on September 13th, 2016 | by William Charles

28

[Expired][NM, NE, WY, CO] Bank Of Colorado $100 Checking Bonus +$100 Donation To Charity – No Requirements

This has expired, you can view the current offer from this bank here.

This looks to be the exact same offer & bank as the $100 Pinnacle bank offering (KS, MO, NE, IA, WY, CO), they service slightly different areas. According to this comment you can get both bonuses.

Offer at a glance

  • Maximum bonus amount: $100 + $100 to charity
  • Availability: New Mexico, Nebraska, Wyoming and Colorado (Note: Missouri and Iowa are specifically listed in the fine print but don’t appear in the state drop down list, so I’ve removed them)
  • Direct deposit required: No
  • Additional requirements: Minimum account opening of $100
  • Hard/soft pull: Soft
  • Credit card funding: Up to $1,000
  • Monthly fees: None
  • Early account termination fee: 90 days otherwise bonus is forfeited, according to this comment there is also an early account termination fee of $75.
  • Expiration date:  January 31st, 2017

The Offer

Direct link to offer

  • Open a new Diamond Secure Account with Bank of Colorado with a minimum opening deposit of $100 and receive a $100 bonus. They will also donate $100 to a local charity.
  • This account also comes with a number of benefits (listed below in the image)

bank-of-colorado

The Fine Print

  • Valid for Diamond Secure Account applicants only.
  • Account must be opened online.
  • The minimum amount to open an account is $100.
  • The maximum payment per customer is $100.
  • This offer is for new checking account customers only.
  • A new checking account customer eligible for the bonus is someone who has had no previous checking account relationship with Bank of Colorado in the previous 48 calendar months.
  • The money will be deposited after 90 days of account opening.
  • Account must be maintained in good standing with no overdrafts for the first 90 days.
  • Open to residents of New Mexico, Kansas, Missouri, Nebraska, Iowa, Wyoming and Colorado only.
  • The $100 bonus will be reflected on a 1099-INT that will be issued and reported to the IRS at year-end.
  • Offer expires December 31, 2016

Avoiding Fees

This account has a $4 fee that you cannot avoid, you’ll be charged an additional $5 per month if you choose to receive a paper statement as well. You must keep the account open for a minimum of 90 days otherwise you will forfeit the bonus.

Our Verdict

Their previous bonus was one of the all time best bonuses as it didn’t have any requirements to get the bonus or keep the account fee free. This is a great bonus as well, but you’ll be hit with the $4 per month fee that is unavoidable. You only need to keep it open for 90 days to keep the bonus, so you’d probably end up paying $16 in fees. We’ve added this to our best bonus list because of how easy it is to get the bonus.

It’s great that you can get this bonus and the other $100 bonus from Pinnacle Bank if you live in one of the cross over states.

Useful posts regarding bank bonuses:



28
Leave a Reply

avatar
 

  Subscribe  
newest oldest most voted
Notify of
bob
bob

the dropdown asking me which state i reside in does NOT list Missouri

Ken
Ken

Curious if we can get this if we’ve gotten a Pinnacle bonus recently. Their websites are nearly identical.

bob
bob

i think you get either Pinn’s or CO’s – depending on which state you live in.

Mr. PTM

No, I got Pinnacle and I live in CO. Fingers crossed I can do both.

Ken
Ken

I’m in CO and also got Pin’s bonus. Please keep us posted.

EMS
EMS

To expand on bob’s comment, this is also not available to resident’s of Iowa.

Jason
Jason

typo: Expiration date: March 31st, 2016

Alex
Alex

Last time this came up (sans charity donation) I signed up at both banks and got two bonuses. Used this to meet the spend requirement of my Chase Southwest Premier card.

precursor
precursor

I applied for this after having successfully opened a Pinnacle account. I was only asked one identity verification question; I answered it correctly, but my application was declined. The website said to call or visit a branch, while I received an email that stated: ‘We were unable to verify your identity or other personal information at this time. Please visit a Branch to complete your application.’

I’m not sure if I’ll press my luck by calling, but I’ll update if I do.

Joe
Joe

I tried to sign up for this and It says I’m supposed to put in promo code “SWITCH” to get the $100 bonus

I finished applying and it never asked me for a promo code or to pick a charity. I followed the link from DOC. Does anyone know, did I miss it and screw this up, or do I not need the promo code and does this come latter? I tried opening an incognito tab and started filling out parts of the application and still didn’t see anywhere to put in the promo code. The credit card I was using was charged.

Steven
Steven

Same, there was nowhere on the application to enter a promo code. Went with it anyway for the CC funding.

Kansan
Kansan

Just an FYI, Kansas isn’t on the drop down menu in the application… Doesn’t look like you can apply from Kansas.

Judy
Judy

That’s weird…I know it used to have Kansas because I opened one of these accounts from Kansas. They must have changed it.

Ky
Ky

There doesn’t seem to be much data as to what credit cards code as a purchase for Bank of CO. Although there is a little more data for Pinnacle Bank. I am looking to fund with a Cap One Venture Card, which appears to code a purchase per the Pinnacle Bank data point. However, this was back in February. What is the likelihood this could have since changed?

Dusty
Dusty

Just as an FYI, there is a $200 bonus available in-branch at the Longmont, CO branch of Bank of Colorado. There is also a referral program for that branch: referrer gets $100 for anyone who opens a Diamond Secure account or the fee free account, and the referred party gets $200 or $100 respectively. There is a $75 early termination fee for accounts open less than 180 days, but the $200 bonus is still super easy and more lucrative than the fee-free account. I was also given a form for anyone who wanted to open an account at that branch remotely… Not sure if William Charles or Chuck are wanting to take on facilitating that, but maybe they or someone else has a suggestion.

Aaron
Aaron

Looks like the offer is extended to March 31st… 🙂 Wife and I got the Pinnacle bonus last year, I’m definitely gonna give it a go, might talk her into it once she tries and finishes up the Wells Fargo possibly targeted one…

rubixx
rubixx

I opened this account back in October. Today I attempted to close it, however I was told I would be charged a $75 early closure fee for not having it open for at least 6 months. Seems like the bonus language was for 90 days, but the account still needs to be open for at least 6 months. Wondering if anyone else has experienced this?

Patrick
Patrick

I signed up for this at the end of February. I just looked up the account disclosures (available on the application site) with the fee schedule, and there is indeed a $75 early termination fee if the account has not been open six months. So you actually have to have the account open for 6 months, which equals $24 of monthly fees. That’s still a net profit of $76 plus whatever credit card points you can get from funding the account with a credit card, so it’s still worth it for me, but might not be for others. And it looks like this offer has expired now anyway.

Back to Top ↑