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Betelgeuse
Betelgeuse

Anyone closed the account yet? Did you close by phone or email?

Betelgeuse ㊙️

Need to call in to close.
-Betelgeuse

Betelgeuse
Betelgeuse

I received the 1099 int today for the 500$.
The bonus was paid in Jan 2019 but 1099 says it’s for 2018?

Morris
Morris

I received the 1099 int for the 500, but I did NOT even received the bonus!!
Any suggestions on what I should do?

Chuck

I’d contact the bank’s accounting department.

mjs
mjs

Betelgeuse I called today, and was told they are sending Corrected 1099s to change 2018 to $0, and they will issue one for $500 for tax year 2019 next calendar year. was told it could be up to 2 weeks before all get mailed out properly though.

so, DO NOT file a return and include the $500 for 2018 unless you want to file an amended return after you get the correction.

total cluster-f with this bank between the late 1099 and the wrong posting year.

Betelgeuse
Betelgeuse

@mjs Thank you!

SA
SA

Thanks! If only I would have read it before. Received corrected 1099 for P2 and myself yesterday. Now will have to file an amended return. Pain.

Jay
Jay

DP for the Personal bonus:

10/02/18: Account opened
10/11/18: Opening deposit of $5k posted
10/15/18: ~$100 from Dosh posted
11/19/18: ~$100 ACH push from Fidelity brokerage acc posted
01/28/19: $500 bonus posted automatically. No intervention/communication required

Not sure which deposit qualified for DD (if not both); I did two just to be on the safe side.

michael
michael

Got the bonus on Jan 2nd, transferred 5k out and left $600+ in account, got statement with $1 service charge today. It shows “TOTAL CHARGE FOR Consumer Paper Stmts”, but I set up estatement from the very beginning. Seems I have to close the account.

SA
SA

Did anyone try closing it yet? Any experiences with closing?

Kevin
Kevin

I signed up on 10/2 and did not receive the bonus yet. Is anyone else in the same boat?

TW
TW

Opened 10/2/18, received bonus 1/2/19. Excellent and painless!

David
David

+1 received mine on 1/8.

SA
SA

P2 and myself opened it on Oct 2 just before it stopped working. Got our bonuses today.

Chex Party Mix
Chex Party Mix

I applied yesterday morning & was given an account number, but never could access online banking. Called today & was told they “didn’t proceed” with the application because of too many new bank accounts.

Chexed again 🙁

Dan - Legal Bank Robber
Dan - Legal Bank Robber

Brutal

Unclesam
Unclesam

Went to the bank and opened a personal account in my wife’s name and a business account for myself. The lady was very professional and nice and explained in depth what needs to be completed in order to get the bonus printed out the bonus details and signed/dated it as well. It is a very small bank but they offer a very competitive interest on their money market account as well (2.09%). I somehow feel they will honor it but only time will tell. They are mostly interested in local customers and not necessarily nationwide online customers.