837
Leave a Reply

avatar
 

  Subscribe  
newest oldest most voted
Notify of
Satyam Shah
Satyam Shah

07/06 Chase ACH of $2501 posted.

No bonus of $300 yet. Chase doesn’t seem to work for DD even though the transaction type is coded as DIRECTDEP. Also haven’t been charged a maintenance fee yet, so not sure as the account requires a $5000 direct deposit to stay fee free.

Rob
Rob

6/5: Opened
6/16: $2,501 from Capital One 360 Savings (ACH Deposit)
8/19: $300 Bonus Posted (IOD INTEREST PAID)

Will likely close in a month.

San

There is Early account termination fee: Terms now say bonus forfeit if closed within six months. Why do you want to close it before 6 months?

Rob
Rob

That restriction was not there when I opened the account. I always screengrab the fine print just incase I need to review again afterwards. Given the situation, I’d rather not draw attention to my bank transfer DD, so I’m likely to keep it open now for 6 months to avoid any issues. Unless someone else closes without issue.

PA
PA

Discover Savings push worked to trigger the bonus for me. Saw some posts here before I signed up for this bonus that Discover was not working anymore – but it worked. My bonus posted 8/20/2020 from 2 Discover pushes. Happy Churning

Gadget - Bank Bonus Geek

P2 had churn success. Same address, same phone number, used different e-mail address at sign-up but switched it back because P2 was forced to use old login from the previous account. In the right state but not near a branch – not targeted.

DP:
6/14 opened TD Beyond Checking account – instant approval. Could not register a new login, and the account showed up in old login the next day.
CC Funding failed – e-mail states funding of your new TD Bank account has been unsuccessful. Citi Dbl Cash?
7/1 $900 & $700 Real DD’s (no prior funding – blew it off as terms in e-mail gave 45 days to fund)
7/9 $900 Wells Fargo ACH “DIRECTDEP” ($2500 Terms met?)
7/17 $150 eToro ACH “DIRECTDEP”
7/31 $900 Real DD (just in case)
8/19 CREDIT “TD Online Offer Bonus” $300

Previous TD Bank checking account closed in July 2017 after getting the $300 bonus in June 2017.

Per the PDF I downloaded with the new terms with P1’s new account opened 8/14/2020, the terms officially allowed churning on 7/10/2020. “Checking offer is not available to existing TD Bank checking Customers or prior Customers who have had a TD Bank personal checking relationship within the preceding 12 months.” Guessing whatever they did had impacted the result as I truly didn’t expect this to work, as this was not included in P2’s PDF. Either that or this is just an outlier.
IS250 JuicyJosh ieatdogfood AndreRamirez

William Charles Not sure why I am the first one bringing this up, but old & new terms also state “If the checking account is closed by the Customer or TD Bank within 6 months after account opening, TD Bank does reserve the right to deduct the bonus amount from that account at closing.”

Guess P2 is sticking it out for 4 more months. P2 will downgrade to a lesser account. Now that it is confirmed churnable I don’t want to burn bridges.

IS250

Interesting. I am waiting this out just in case but I feel like I would’ve seen the bonus by now if they were going to pay up.

Gadget - Bank Bonus Geek

Not sure why my P2 got lucky. I am shocked it worked too. Guessing WF ACH did meet the DD, so just over a month after meeting DD reqs. My rule of thumb is that payout usually happens in the middle of the terms and that is the case here, 95 days from meeting reqs in the terms, in reality, was 41 days this time.

What will really annoy me is the new P1 account, opened after the churn terms were added, doesn’t payout. I had an account just under two years ago – closed without a bonus because it never paid out, churn attempt.

AndreRamirez
AndreRamirez

Thanks for tag, Sounds like inconsistent payout but worth a shot given the relatively easy terms to meet the bonus (esp. the Convenience checking $200 bonus)

Gadget - Bank Bonus Geek

Well, usually it’s best to aim high and just hope for the best IMO, but there are drawbacks. P2 submitted a request to downgrade tonight, so $100 min balance to ride out the remaining 4 months.

I just had a lot of doubts on this one since it was before the 12-month language change, and one guy on the new promo page is saying the reps are telling him he doesn’t qualify because he is a past customer. That is the problem with asking permission instead of begging for forgiveness.

William Charles

Updated EATF

ieatdogfood
ieatdogfood

I still can’t decipher the hieroglyphics since there are so many different variables at play and IS250 has a different outcome.

Gadget - Bank Bonus Geek

Yeah, we don’t have IS250’s exact timeline. Maybe when they wrote up the new terms in July they reset something, and I just happen to complete P2’s DD’s around that same time, so P2’s worked. Just because they dated the terms July 10th doesn’t mean that’s when the system adjustments were made. Literally all P2’s activity except the opening was in July.

Heii70
Heii70

07/2020 – Chase Deposit Successful:

05/15 – Opened Account
05/20 – ACH Push Deposited $2500 from Chase checking
07/28 – $300 Bonus Paid

IS250

This is specifically for this post (old promotional terms) since the most recent terms allow churning.

I did not get a bonus a second time. Used a completely different address, different email, different phone number, and different account type (I did Beyond Checking >2 years ago). Used a real DD so that’s not the issue. I was forced to use my old login which had all my previous information such as address, email, etc. I’m at 93 days now from account opening so I should’ve been paid the bonus.

I’ll wait it out a little longer but probably won’t get this one. I’ll try to play dumb and show CSR the current terms defining a new customer “not within the previous 12 months” but then they’ll likely point out the new terms saying you have to wait 140 days from account opening.

If I’m not going to get the bonus, then I rather close out my account ASAP so that I can reset the clock to churn (assuming future terms allow churning like they do currently).

IS250

Gadget How far along are you for this bonus?

Gadget - Bank Bonus Geek

P2 is in 3rd month. Real DD’s are done. I will give it until 120 days-ish, as seems like most people get it by then. I too am hoping whatever change they made in July will impact the payout and I won’t have to contact them.

P1 has just opened last week under new terms. DD’s this at end of this month and next. Probably staying real, just so I can complain later when their stupid system doesn’t pay out because they still saw me as an existing customer. Forced to use the old online login.

Just like most bonuses lately, I expect it is going to be a fight on the newest account, even with the new terms. Just because someone wrote it doesn’t mean it was implemented.

Gadget - Bank Bonus Geek

P2 had churn success – paid out 8/19, opened 6/14. Full DP to follow. I am shocked. Used real DD’s. The previous acct closed 7/2017. IS250 AndreRamirez JuicyJosh ieatdogfood

AndreRamirez
AndreRamirez

IS250 Churning eh? Interesting…Thanks Halo Guy! Gotta re-add this one to my hitlist

WendyBinNJ
WendyBinNJ

On 8/4 I did a preliminary deposit from Chase to fund TD for the DD requirement. On 8/10 the push from Chase for $5K shows “Realtime Deposit My Name” for the account. They probably will not consider this a DD at TD for the bonus.

Gadget - Bank Bonus Geek

Never use Real Time for bank bonuses where you want a DD. It likely goes over the Zelle network.

Sam
Sam

How to avoid the monthly fee for the very first month? It’s unlikely to have 2500 the first day? Any experiences?

Gadget - Bank Bonus Geek

Most banks give you a break and don’t assess fees for the 1st month, sometimes as long as 3 months. Every bank is different, but even if you do get a fee, it’s usually waivable if you ask.

Chris Lautsbaugh
Chris Lautsbaugh

Chase ACH did not work

TomTom
TomTom

Failed to fund with Citi DC when opening account 5/8/20 (cash advance limit = $0). Instead pushed $100 from Marcus.
Pushed $5000 from Discover Checking 5/20/20 which coded as DirectDeposit.
Each statement period also pushed $5000 from Discover to avoid fee.
$300 bonus posted 7/28/20.