Update 4/13/19: Reposting as deal is back for 2019. Hat tip to reader William
Originally posted 08/07/17. Reposting 08/06/18 as the offer is back for 2018, updated the link below. (Thanks to readers EW and Nate)
The Offer
Bank of the West has an offer for those who open/opened a new consumer checking account anytime in 2019 between July 8, 2017 and September 29, 2017:
- Use Zelle or Bill Pay for 3 qualifying transactions within 90 days after account opening and get $10. Qualifying transactions must be at least $10 each
The Fine Print
- Offer is not available to existing Bank of the West customers with an open consumer checking account as of
July 7, 2017December 31, 2017 - Payments to oneself are excluded
- The bonus (maximum of 1 per Bill Pay subscriber) is a $10 non-transferable credit to the checking account and will be credited by March 30, 2018; to be eligible for the bonus, the checking account from which the Bank of the West Bill Pay transactions were made must remain open at the time of offer fulfillment
- If an eligible customer qualifies in multiple checking accounts, the account with the most recent bill pay activities will be credited the $10
- Any applicable taxes associated with this offer are the responsibility of the account holder; to the extent required by law, Bank of the West will report total value of the offers to the IRS on Form 1099
- Business accounts are excluded; employees of Fiserv, Inc. and of Bank of the West and their respective parent and affiliate companies, as well as board members and the immediate family (spouse, parents, siblings and children) and household members of each such employee are not eligible
Our Verdict
Should be able to do the $250 checking bonus, then do this additional $10 bonus.
Hat tip to @telewatcr
This is back again
William Charles
GET $10 WHEN YOU USE ZELLE® OR BILL PAY for qualifying transactions
1. Make 3 Zelle® or Bill Pay transactions of at least $10 each.
2. Use a different payee for each transaction.
3. Complete all 3 transaction within 90 days of account opening.
Legal Information and Disclosures:
1 Offer Period – Online Zelle® and Bill Pay offer is only available to customers who open a new consumer checking account between January 1, 2022 and December 31, 2022 and use Zelle® or Bill Pay within Bank of the West Online or Mobile Banking. To qualify for this one-time $10 Zelle® or Bill Pay bonus, you must enroll in Bank of the West Online Banking and use Zelle® or Bill Pay to complete a minimum of three (3) Qualifying Zelle® or Bill Payment Transactions from the new consumer checking account within the first 90 days after the new account was opened. Offer is not available to existing Bank of the West customers with an open consumer checking account as of December 31, 2021.
Qualifying Zelle® or Bill Pay Payment Transactions – Each Zelle® or Bill Payment transaction must be:
– At least $10
– At least one payment sent to each of three unique payees (each with a different payee name, mailing address, U.S. mobile phone number, or email address from the Zelle® or Bill Pay subscriber) for a minimum total of three (3) Zelle® or Bill Pay payments. (Multiple Zelle® or Bill Pay payments to the same payee only count as one Qualifying Zelle® or Bill Pay Payment Transaction.)
– Scheduled so that each payment is debited from your Bank of the West consumer checking account no later than 90 days after the new account was opened.
This bonus offer (maximum of one (1) per Zelle® or Bill Pay subscriber regardless of the number of new accounts opened during the offer period) is a $10 non-transferable credit to the checking account and will be credited within eight to twelve weeks after the final qualifying transaction. If an eligible customer qualifies in multiple new checking accounts, the account with the most recent Zelle® or Bill Pay activities will be credited the $10.
To be eligible for the bonus, the checking account from which the Bank of the West Zelle® or Bill Pay transactions were made must remain open at the time the bonus is credited to the account. Any Zelle®or Bill Pay subscriber who meets the qualification requirements but whose checking account to be credited is no longer in open status when the credit is paid will not receive the bonus.
Any applicable taxes associated with this offer are the responsibility of the account holder. To the extent required by law, Bank of the West will report total value of the offers to the IRS on Form 1099.
Business accounts are excluded. Rules are subject to change without notice.
“At least one payment sent to each of three UNIQUE payees (each with a different mailing address, U.S. mobile phone number, or email address from the Zelle or Bill Pay subscriber) for a minimum total of three (3) Zelle or Bill Pay payments. (Multiple Zelle or Bill Pay payments to the same payee only count as one Qualifying Zelle or Bill Pay Payment Transaction.)”
How long does it take to get the bonus? did my 3 bill pays last month around 4/22
Bonus will be “credited within eight to ten weeks after the final qualifying transaction”
Got the $10 bonus on 6/21 after making the third bill pay on 5/28 so less than 4 weeks to get the bonus.
Account opened on 2/15, did 3 Zelle payment of $10.01 on 4/15, still no bonus.
Zelle Payment should be sent to 3 different person residing in different mailing address.
It seems the bill payments also need to be to different companies “complete 3 qualifying transactions to new and unique people or companies”
Did $11 Zelle transfers on 4/25 to 3 of my friends each and got the bonus $10 credited on 5/27. Not bad 🙂
Now waiting for the $250 Checking account joining bonus by the end of October.
Is there a fee for bill pay?
No
looks like the promo is back again for those that opened an account this year (2019). includes zelle payments too, but i think it needs to be a different person (i.e. can’t use zelle to send money to your accounts at other banks).
https://www.bankofthewest.com/campaigns/personal-banking/2019-zelle-and-bill-pay.html
Thanks!
For folks who’ve participated in the offer, do we have to actively enroll for this offer to our accounts? Didn’t see a “sign up” button anywhere, but I just scheduled 3 bill pays
I called yesterday to see if there was a sign-up process and/or if an offer code needed to be applied to my account. Was told none was needed. Once bill pays are done, bonus should post within 8-12 weeks. Account needs to be in good standing and have a positive balance. Forgot to ask if there was a minimum balance required. I’d probably take a screenshot/save the landing page to be on the safe side in case there are issues later on.
FWIW, I received an email about this from Bank of the West about a month after I opened my account. Email was titled “Get $10 for sending money or paying bills.”
Bonus posted 21 days after doing my third bill pay, three days after the statement period ended in which I did the bill pays.
Account opened 7/17
Bill Pay on 8/15
Bonus posted 9/21
Did bill pays on 8/14 and 8/16. Received the $10 bonus today, 9/21.
DP: Opened account 8/14/18 for new customer checking bonus. Funded $500 with cc.
8/27/18: Did 3 BPay to 3 different cc (Citi/Discover/Barclay).
9/21/18: received $10 bonus. Statement posted on 9/22