bank rates

Bank of America FREE $50 Deal

Dan at BankVibe found a free $50 deal at Bank of America. Basically, if you open a checking account with $100 minimum deposit, they will give you a $50 bonus.

Offer expires January 31, 2009.

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Comments (20)
1 Star2 Stars3 Stars4 Stars5 Stars (24 votes, average: 2.42 out of 5)
20 Existing Comments
  1. wlc101 said:
    on December 16th at 02:11 pm

    What is the minimum time the account has to be open to recieve the $50
    When do they award it?

  2. Adam M said:
    on December 16th at 02:40 pm

    WARNING!!! Do not sign up for this without printing every single page that supports the promotion you are entitled!! I wouldn’t sign up for it at all if I were you; it’s not worth it. I signed up in July for the $75 incentive, which was supposed to be awarded after 90 days. I dotted my i’s and crossed my t’s, played by their rules and had the proper accounts (in good standing). I am still trying to get my money from them. The banking centers can hardly help you because they claim online banking is a completely separate entity. When they can dig up information, it is never good. Last week I was told the check would be cut in MARCH 2009; almost six months after it should have been paid. Take what you will out of this, but all the extra time I have spent trying to collect has surpassed the original “bonus”.

  3. Dan said:
    on December 16th at 05:30 pm

    They say within 90 days. You only need 100 bucks to make it happen too, which makes it a pretty substantial payout.

    Here is my article:

  4. Bankrupt Santa said:
    on December 16th at 05:53 pm

    Open a checking account with $10,000 and give me $5,000, now that would nice!

  5. Mark said:
    on December 17th at 03:12 pm

    Mr Wu,

    Ever since you sold, I’ve seen countless garbage sites like BankVibe pop up. Honestly, there’s probably 10 of them out there. What do they think? That bankrate and will buy them all up? HA!

  6. eric said:
    on December 17th at 05:34 pm


    Ever since bankaholic was sold, I”ve seen COUNTLESS diversions from topic subjects by jealous individuals feeling they need to vent to Mr. Wu’s readers. You think they will eventually find something better to do with their time? HA!

  7. said:
    on December 17th at 06:41 pm

    Truly kind words Eric.


  8. said:
    on December 17th at 10:06 pm

    Anyone a client of Goldman Sachs? Amex has a pretty sweet deal for you. They are offering up to 140k rewards bonus points if you sign up before 01/31/09, check it out:

    Bankmode team

  9. Forex scalping said:
    on December 18th at 07:43 am

    Bankrupt Santa> Open a checking account with $10,000 and give me $5,000, now that would nice!

    Agree 😀

  10. Rachel said:
    on December 18th at 04:43 pm

    Thanks for letting us know about other banking websites out there in your short post. I will be sure to check out that website instead of this one.
    It was nice, but sometimes you just have to move on. If you don’t offer frequent advice or deals I’m going to have to research how to earn more for my money elsewhere.

  11. justin said:
    on December 18th at 10:56 pm

    eDog, I have a Bank of America account and would be happy to refer you.

  12. justin said:
    on December 18th at 10:57 pm

    Give me your email address.

  13. justin said:
    on December 25th at 12:07 am

    No fake posts here!

  14. johns wu said:
    on December 25th at 12:12 am

    What’s wrong with you people? I am not the same person as the guy over at bankvibe, or the guy at bankmode or eric or bankrupt santa or anyone else. I do NOT make up the comments on this site. You’re just jealous.Don’t be hatin!

  15. Jesse said:
    on January 2nd at 04:00 pm

    I just opened a savings account at and received $25 instantly posted to my account. Very easy and it only required $100 to open. No strings. They also offer refer a friend bonues. Code was amz238/ksksmfds.

  16. kate said:
    on January 3rd at 03:01 pm

    I opened an INGdirect account a few months back and received $25 ($250 minimum for the bonus) after being referred by another customer (they also received $10). Everything went super smoothly and the website is very direct and easy to use. The one bad thing is my APY has been steadily dropping: 3.00% to 2.75% to 2.5%… still better than my .0023% or so through Bank of America though!

  17. Ted said:
    on January 9th at 03:33 pm

    I opened a, “New Wave” Checking account at Flagstar Bank. All I have to do is have a direct deposit each month ($250) and use my debit card 15 times per month (that’s hard) and they pay me $6/Month. Plus they gave me $100 to open the account (and establish the direct deposit) Not bad, $172 this year and $72 per year thereafter.

  18. jj said:
    on January 27th at 12:07 am

    Be careful of this promotion. I did everything right and a rep at the bank actually filled out everything for us. That was in July and we still haven’t gotten the check. I spoke to a customer service rep for their referral program who told me that I did indeed qualify but they needed my account number. I tried clearing this up with the bank rep but they stopped returning my calls. More hassle than it’s worth.

  19. Steve said:
    on September 3rd at 10:43 pm

    why do you allow dumb bank websites to link off of this page?! Not very professional if you ask me

  20. Mark said:
    on September 17th at 12:49 am

    I just found the bank of america deal on but when I went to the bofa site I couldn’t find it