[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]
In August 2006 we had done a post on a bunch of different bonuses adding upto $195 from Bank of America. We had gone ahead and opened a Regular Checking account with them.
The deal is available here (Update: It has expired). Within 60 days of opening and funding our account we received a $100 bonus credit in our checking account. Pretty neat way of earning a $100 bonus! We did not have to follow up with Bank of America for our bonus. Everything was taken care of by their e-systems. Bravo Bank of America, keep up the good service.
An important note for our readers. We had opened the Regular Checking account with $100 from our credit card (to get cash back points from our credit card).The maximum funding possible with a credit card is $100 only. To avoid any monthly maintenance fees we had transferred $650 electronically to maintain the minimum balance of $750. Various minimum balance requirement to avoid the monthly fees are:
Bank of America is FDIC insured so we can rest easy with our checking bonus. Meanwhile we get started with our Savings Bonus.
There is a $50 bonus for a BOA savings account and the deal is here (Update: It has expired). Since we have a regular checking account with BOA, there will be no hard credit check when we open the Savings account. That means a $50 freebie from BOA. Happy Bonus Collecting to all of us for the holidays!