Bank of America has an extremely lucrative bank bonus of $1000 for opening a business checking account and a business credit card. It’s also possible to get another $1000 by taking out a loan and signing up for merchant services. Most just went for the $1000 bonus with the checking + credit card, while a brave few did the merchant services as well for a total of $1500.
Original Post: Bank of America $2,000 In Branch Business Checking Bonus
The bonus had been initially slated to end on October 30, 2015, but multiple readers are reporting that it’s been extended through the end of November.
Not everyone has success as you need a special business banker to process it and they may not always be willing to do so, but if you can get it to work it’s really from the best bank bonuses ever.
You can schedule an appointment with a small business specialist here. (HT: Roger)
Also note that numerous reports are coming through in the comments of the bonus posting as well. It’s taking a little more than 3 months from account opening date for the bonus to post.
HT: @travelwithgrant
View Comments (10)
has this been extended (like many other BoA offers usually are) to the end of Dec (or beyond) by any chance?!
Is this offer still valid? when i call the branch, they have no clue. what number to call to sign up for this offer?
Is this offer still valid?
Do they allow sole proprietorships? We only have 1 or 2 BOA branches in CO and those both opened in the past few months and are nowhere near me.
still waiting from Aug 20th
Did You get the bonus? What happens after that if You close the account?
Just a quick datapoint regarding this offer. I signed up for the checking account, and card back in late August, and completed the $2000 CC spend in mid-September. I just received the $1000 bonus in my Business checking account this morning! Roughly 3 months from completion of requirements to bonus.
How did you apply for the checking + credit card? Which credit card did you get? I had been to 3 different BofA and they didnt know the promotion, they called and nothing.
I signed up for a small business representative to call me on their website and set up everything that way after my local offices refused to help me.
Anyone have experience changing the business name on their ein from "named as" to actual last name. The account manager will ask for a business certificate if your ein doesn't have last name in it. It's more work and expense.
Thanks