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Gadget - Bank Bonus Geek

This offer showed up in my Hotmail sidebar ad today… Yawn.
Q320ESSENTIAL is the latest promo code.

Sparkle Pony
Sparkle Pony

DP
3/15 – Opened Essential Checking
~3/25 – end of first statement cycle
4/30 – 2 statements cycles $500+/mon in combo of payroll and alternate direct deposits from Ally
5/30 – 2 statement cycles of $500+/mon of just payroll direct deposits
6/18 – $200 Bonus

Ki
Ki

Be careful with the Suntrust bonus promotion. They have tricky wording. Read the fine print properly. Here is the key: Direct Deposit the month you open the account doesn’t count. They only care about the last 2 months in that 3 month period. So if you open it is May, Direct deposits made in May doesn’t count towards qualification. So your qualification months are June, July and August. I think you should do DD for the 3 months and making sure not to mess up on July. There is no recovery from that and this bank scrutinize qualification and are quick to deny and are non sympathetic.
Mine got disqualified

Mar 09 Opening Dep
Mar 17 DD $620
Apr 17 DD $680
May 25 DD $652
Receive email letter today saying I didn’t qualify.

Fine Print:
** The statement cycle for the month in which the new checking account was opened will not be evaluated. For example, if your new checking account is opened in the month of January 2020, the full statement cycles for February, March, and April 2020 will be evaluated for the Direct Deposit qualification requirement

harry
harry

Any new data points ?

Gadget - Bank Bonus Geek

Last payout date was May 21st… a month before that it was April 21st…. going out on a limb to say next round will be June 19th or 22nd.

Taya
Taya

Received an email today saying I have met requirements for Q1 2020 offer and reward has been processed, seems it hit last week. Full DP:

Late feb – opened account
03/05 – $500 ACH from Wells Fargo
04/08 – $500 ACH from WF
05/12 – $500 ACH from WF
05/21 – $200 bonus posted

(redacted)
(redacted)

Lots of in and out on this so data points are not the best…..
2/7- initial deposit $100
2/12- $550 push from Ally
2/20- $510 Discover Push
2/24- Citi Trial Deposits
2/25- Wells Fargo Trial Deposits
2/25- $501 push from Ally
2/25- $501 push from Citi
3/3 $1500 outgoing check (to avoid ACH charges)
4/1- $2,049 push from Citi
4/1- $2,481 push from TD
4/3- $4,500 ACH outgoing (pulled from different account) left account at $692 balance
5/21- $200 bonus posted

EW
EW

Although there is a $400 bonus available, this $200 bonus has been extended to 6/30/20 with new promo code: Q220ESSENTIAL

Lily
Lily

Anyone got their bonus yet?

Dave C (the good one)
Dave C (the good one)

Yea, got mine yesterday.
1/15 – opened funded $50
1/27 – Fidelity ACH $500
2/18 – Fidelity ACH $500
4/21 – $200 bonus

Lily
Lily

My mom got hers too. ACH from discover still works!

ne0ven0m
ne0ven0m

$400 Q2 promo now out. May be regional as always: https://www.suntrust.com/lp/advantage-offer

Christian
Christian

I used one of the checks to move money out of the account instead of a ACH transfer. Got a call I had to stop by a branch to sign a signature card.

Christian
Christian

Any luck getting ACH transfers to code as DD? I am not feeling promising about my ally transfer

Taya
Taya

wells fargo counts. you can use https://offers.suntrust.com/offers/1298 to see your progress towards an offer. they have a progress bar

christian
christian

Been checking almost daily… hasnt updated… takes time i guess… wish it gave more detailed updates.. haha

Toepoe
Toepoe

Haven’t seen that progesss bar move an inch and have had a couple 500 dds from Fidelity CMA. Past the third statement now, so if it doesn’t post in six or seven weeks then I know it’s time to close and move on.

christian
christian

Thats where i am at too

christian
christian

Now moved to reward pending

Sparkle Pony
Sparkle Pony

Thanks for this! Mine says offer was verified week of 6/05 and Reward Pending!