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SideShowBob233
SideShowBob233 (@guest_777590)
July 2, 2019 13:55

Looks like my bonus posted today 7/2. Opened on 2/25, 60 days to qualify and then 60 days to pay took me to 6/25, so about a week later it posted (statement roll). Only got the $300 (as expected) since I only opened one part of the bonus. Bonus posted as “ACH CREDIT BANK OF AMERICA PAYMENT ON 07/02”.

Ferris
Ferris (@guest_785682)
July 19, 2019 22:12

So your $5000 deposit probably cleared around 3/2? And it was 4 months from then until you got your bonus. It’s been over 3 months for me and no bonus yet. I also got the Alaska Biz card.

Bob Roberts
Bob Roberts (@guest_786238)
July 21, 2019 22:09

Not sure the alaska biz counted — some comments above say it wasn’t eligible but not sure. I did cash rewards biz (I think can’t find card at the moment).

Ferris
Ferris (@guest_764896)
May 29, 2019 23:29

Any DPs on how long the monthly fee is waived for the Business Fundamentals (lower level account)? I didn’t see any after scrolling through.

Lily
Lily (@guest_758840)
May 13, 2019 08:02

Any data point on when the checking bonus would be posted? I opened both checking and cc on 3/29, and got the cc $200 statement credit on first statement, but no checking bonus so far.

NBG
NBG (@guest_762619)
May 24, 2019 09:10

posts exactly in 90 days from opening. You should see on 6/29.

Lily
Lily (@guest_762872)
May 25, 2019 03:16

Still have 1 more month to go then. They sure take the sweet time.

Sideshowbob233
Sideshowbob233 (@guest_774651)
June 25, 2019 19:18

Did you get the bonus? I opened in late Feb and didn’t. My calcs showed it was due today but I think I may have screwed up my calcs. Either way will have to reach out to BoA.

Lily
Lily (@guest_774833)
June 26, 2019 00:52

Nope, according to NBG above, i should get on 6/29. Will let you know in a few days if i get it or not.

Derek
Derek (@guest_775662)
June 27, 2019 18:35

That’s odd. My 90th day was on 6/17 but so far the bonus has not been posted yet.

Lily
Lily (@guest_775870)
June 28, 2019 05:46

Got bad news today. I called them for something else (was charged $15 monthly fee) and learned that the stupid woman who opened my accounts (ckg and cc) in the branch totally messed up my account, not only she didn’t properly link the cc to the ckg, there was no promotion code assigned to my account. The rep told me he couldn’t do anything about the promotion, that i have to go back to that woman in the branch to sort it out. So i wasted 1.5 hrs for nothing (waited for 45 minutes before he answered the phone)! I’m so disgusted by BOA.

Ferris
Ferris (@guest_785681)
July 19, 2019 22:11

CFPB.

Lily
Lily (@guest_785786)
July 20, 2019 09:56

Yes, I’m very close to do that as i called the stupid woman (who opened my accounts at branch) last Monday and she acted like she doesn’t remember such promotion. When i told her i have all the paperwork she gave me which stated the promotion clearly, she told me she will put in a research request and call me back the next day or by Friday. Of course she never called back!! I’m gonna call her again next Monday and then will decide to contact CFPB or not.

MoreSun
MoreSun (@guest_785800)
July 20, 2019 10:40

Stop wasting your time. She and BoA screwed you and have no respect for you and your time or your business dealings with them. File with CFPB and be done. 10 mins if you have a slow computer.

Lily
Lily (@guest_787667)
July 24, 2019 03:47

Well, after i emailed her on Monday threatening to file a complaint to the CFPB if i dont receive the bonus by July 29 (exactly 4 months), she called me within a few hours telling me they will be mailing me a $300 check since they couldn’t deposit into my account (i don’t know why). She blamed everything on “the other department .” Whatever! I will close both the checking and the cc as soon as i receive the check. I really hate their business cc web site setup anyways.

Lily
Lily (@guest_739540)
March 26, 2019 05:08

Can’t believe it – application rejected, told me to visit the branch or call to complete the application.

Fuzshinwa
Fuzshinwa (@guest_737410)
March 20, 2019 02:04

Today, I went into a branch to open up and Biz checking account and a biz cc for the bonus. The relationship manager clarified the terms and stated that opening an Alaska Biz card (Currently 40k bonus points) will be eligible for the $200 bonus part.

beat2def
beat2def (@guest_739395)
March 25, 2019 19:42

Did you sign up for it? Online the only options are the non co-branded cards.

Bob Roberts
Bob Roberts (@guest_733147)
March 11, 2019 08:49

Anyone know if a check deposit via the app will count for the deposit of new money?

Bob Roberts
Bob Roberts (@guest_733185)
March 11, 2019 10:28

Did online chat with them a rep confirmed check deposit via app would be a qualifying deposit (assuming funds aren’t coming from BoA)

Ferris
Ferris (@guest_730857)
March 5, 2019 13:51

FYI for anyone wondering:

The $35 processor for Merchant Services does NOT count towards qualifying for this bonus because it is a monthly non-contract. The other devices are $25+ month and have contracts, meaning this is most certainly a total waste of time unless you have a full-fledged retail facing business.

Also within the terms: “Most Bank of America® branded business credit cards (such as the Business Advantage Cash Rewards, Business Advantage Travel Rewards and WorldPoints Rewards for Business credit cards) are eligible to receive the program bonus as long as the card account is open and in good standing.”

More: “You must not be an owner or signer on a Bank of America business checking account that is open or that was closed in the last six (6) months…You must not be an owner or signer on a Bank of America credit card account that is open or that was closed in the last six (6) months.”

Based on this, it is much less desirable as it appears Alaska CC is not eligible.

Justin
Justin (@guest_732388)
March 8, 2019 17:32

I don’t think your conclusion that the Alaska CC is not eligible is correct. The terms you quoted are related to BoA’s credit card points program and not the checking account bonus. Also I opened a BoA business checking account and Alaska CC last year in a similar deal and it worked.

Zhi
Zhi (@guest_726687)
February 24, 2019 20:14

J L
J L (@guest_725404)
February 21, 2019 19:59

just wanted to add that this will hard pull both your personal credit and tax ID.

I went in 2/20 and they said they couldn’t complete the process until I lifted the freeze on my personal credit.

I went ahead and signed up for the basic business checking($300 bonus $250 spend) and the cash advance credit card ($200 bonus $500 spend)

the good thing is the checking bonus can be met by the CC spending too.

beat2def
beat2def (@guest_726267)
February 23, 2019 10:06

Are you a sole proprietor?

J L
J L (@guest_726488)
February 24, 2019 03:20

yes.

Krista B
Krista B (@guest_725268)
February 21, 2019 16:07

Note: I see the offer page when I click on the direct link, but no advertisement shows up for me on the small business website. – Only the $200 offers for the credit cards. Wonder if this varies by state, cookies, etc?