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JHP
JHP (@guest_2050466)
April 27, 2025 15:22

DP:
P1 targeted, P2 not targeted. Both opened 12/6.
Both used P1 Chase biz payroll for 2 DD (lands in account as “P1 name” Payroll).
All deposits withdrawn within 2 days for both…balances each under $5 after.
No other account activity.
Both accounts received “Unfortunately, account did not meet….” messages.
P1 contacted CSR and initiated review before 120 days was up.
P1 received confirmation of denial – escalated case and received another denial 4/21.
P1 submits CFPB/FTC complaints…still pending.
P2 (with zero contact or communication) receives $250 payout on day 117, lol!

So, conclusions drawn:

  • quick withdrawal definitely seems to impact result – leave it in longer if you can
  • Chase biz payroll works, but can result in denial if it matches your name
Desiboy
Desiboy (@guest_2048056)
April 22, 2025 13:15

I received another email after 15 days of filing CFPB complaint and the same bullshit. Not sure whether to wait or pull the plug on this one.

We`re reaching out in response to your recent inquiry regarding the disqualification of your checking account from the limited-time promotional cash offer. Upon further review, you are not eligible for cash bonus as your account failed to meet the necessary requirements for qualification. Please see the offer requirement details below.”

GZG
GZG (@guest_2050119)
April 26, 2025 01:44

filed an ethics complaint through their ethicspoint portal after my CFPB complaint, they sent me a secure message with the same bullshit

we reviewed…

already came to the conclusion…

we regret…

fuck off

pull the plug on this one, some people are randomly getting paid and some aren’t for no real discernable reason

test
test (@guest_2045714)
April 17, 2025 16:06

CPFB won’t do sh1t. Morgan Stanley simply gives canned response and close the complaint.

“Although you fulfilled the deposit requirements for the promotional offer, it was determined that the account was not eligible to receive credit for this promotion. Based on the transaction activity in the account, the deposits do not appear to have been made in good faith with the intention of maintaining an account. As specified in the terms and conditions of the offer, we reserve the right, in accordance with applicable laws, to rescind or decline award payment for reasons that we, in our discretion, deem to be abusive, excessive, or suspicious. “

Desiboy
Desiboy (@guest_2044923)
April 16, 2025 12:10

Does anyone know how long does it take for any action from Morgan Scamley from time we file the CFPB complaint? My complaint is in Open status and I did receive a letter in the mail that they forwarded the issue to the right department that handle banks with assets above many billion dollars.

CericRushmore
CericRushmore (@guest_2048476)
April 23, 2025 08:13

Submitted 4/16, no response yet.

David Pilcher
David Pilcher (@guest_2044894)
April 16, 2025 11:51

CFPB filed against MORGAN STANLEY PRIVATE BANK, NA.

Wasn’t sure if to file one against them or E*Trade, but that’s the one I chose. How about everyone else?

CericRushmore
CericRushmore (@guest_2048474)
April 23, 2025 08:12

Same.

David Pilcher
David Pilcher (@guest_2044875)
April 16, 2025 11:10

Will file a CFPB this weekend. Got targeted twice, two real DDs. No bonus.

catcat
catcat (@guest_2044299)
April 15, 2025 12:45

Adding P2’s DP for Treasury Direct working as DD:

11/12/24: Receive targeted promo email
12/15/24: Open account
03/04/25: $1k DD1 with Treasury Direct (t-bills)
03/11/25: $1k DD2 with Treasury Direct (t-bills)
04/14/25: $250 bonus posted (exactly 120 days)

No funds were withdrawn.

David
David (@guest_2043992)
April 14, 2025 23:00

Similar to others:
Opened 12-10 for the $250 with an initial deposit of $50, 3 legit DDs of 1001.23, each transferred out after roughly a week (only $1k, leaving the extra $1.23), bonus posted at exactly 120d mark with no additional activity on the account.

Matt F
Matt F (@guest_2044262)
April 15, 2025 11:59

Were you targeted?

Jatan
Jatan (@guest_2043424)
April 13, 2025 12:45

Just got my $250 bonus without issue — was targeted for the checking offer but didn’t open the account until mid Dec (existing customer w/ Roth IRA)

12/13 Opened free checking account (transferred $10 from Ally for funding)

12/24-12/28 Did 3x separate $1000+ pushes (two from Fidelity checking and one from Schwab brokerage)

12/31 Pulled the funds using Ally (left $25 in there)

March/April did a couple of small pushes from Ally/Fidelity to add usage to account (since people were getting denials on the bonus)

4/12 $250 bonus posted without a problem

Rugy
Rugy (@guest_2043271)
April 12, 2025 19:56

Got a $250 bonus posted 4/11. I made two legit payroll DDs in January but withdrew them shortly after posting. I had given up on receiving the bonus.