As covered in our Chase checking account hack which can be found here, I wanted to cover a similar hack for BoA too.
There are two offers available – a targeted offer and a public offer.
Targeted offer gives $300 when you make $4000 qualifying direct deposits in 90 days (best for full time salaried workers) and the public offer gives $100 when two qualifying direct deposits of over $250 each are made.
Link to Targeted offer (If targeted, you’ll receive it in the mail)
While making your account, make sure to enter you are a student as you fill up the form. Alternatively, you may call up BoA or visit a local branch and furnish your student ID to convert your account to a student account after receiving the sign-up bonus.
Recommendation after receiving bonus
Move unused or idle funds/balances to a High Yield Savings account so that they generate a constant compound interest. Read more on that here.
Happy hacking and enjoy that free money!
Pingback: New Grads Entering the Workforce: Budget is KEY to financial success – TheCreditTraveler
The $300 offer is no longer available 😦
They may have revised the offer.
Pingback: All America Bank: 2.4% APY Checking Account – TheCreditTraveler