Bank Of The West, $250 Checking Account Bonus with Direct Deposit

Bank of the West is offering again a new bonus of $250 when you open a checking account and complete the requirements. Bonus is available online and in-branch and in select states only. Offer has been extended until April 2nd, DoC reports.

Offer

Apply for a new consumer Any Deposit Checking account with a promotion code either online at bankofthewest.com or in a branch between 02/22/2021 and 04/02/2021 with any opening deposit amount ($0.01 or more). Any Deposit Checking account must be opened by 10/16/2020. This offer is also available for any other consumer checking account (minimum $100 to open).

You need to fulfill these requirements:

• Customer must make direct deposits totaling $1,000 or more, monthly for three consecutive calendar months by 08/31/2021 to the new checking account. One or more separate direct deposits in a single calendar month that add up to $1,000 qualify. Fulfillment of the offer requirements is based on calendar months which may not coincide with statement cycles.  For example: if the checking account is opened in February, then sequential direct deposits made in February, March and April; or March, April and May; or April, May and June; or May, June and July; or June, July and August would each qualify.

Other important terms:

• Bank of the West Checking account must be in open status and have a positive balance greater than $0 as of 08/31/2021 to be eligible to receive the bonus.
• Bonus will be credited by 09/30/2021 to the new, open Bank of the West Checking account. Account must be in open status to receive the bonus.
• Promotion code required at account opening.

Fees

Any Deposit Checking account has a $10.00 monthly service charge waived with one deposit of any amount each statement cycle. Deposits include direct deposit, mobile deposit, ATM deposit, or in-branch deposit of any amount. Does not include fund transfers between Bank of the West accounts or any credits from Bank of the West.

There’s also an early closing fee of $25 if account is closed within 3 months.

Eligibility

• The offer is only available to residents of AZ, CA, CO, ID, IA, KS, MN, MO, NE, NV, NM, ND, OK, OR, SD, UT, WA, WI, WY.
• Offer is not available to existing Bank of the West customers with an open consumer checking account as of 02/21/2021.
• An individual can receive only one consumer checking account opening related bonus between 09/01/2019 and 09/29/2021 and only one bonus per individual per account.
• Only one individual per residential address is eligible for this bonus offer.
• Offer does not apply to second or multiple checking accounts.

Guru’s Wrap-Up

A better bonus than the $150 they previously had, but there’s more requirement. Now you need to do a direct deposits of $1,000 or more for three consecutive months. Still worth doing in my opinion as the $10 monthly fee can be easily waived.

If this bonus is not for you, then you can check our full list of available bank bonuses. And, if you’re new to bank account bonuses, you can learn more about churning bank accounts here.

Offer Details

• OFFER PAGE
• Account Type: Any Deposit Checking
• Availability: AZ, CA, CO, ID, IA, KS, MN, MO, NE, NV, NM, ND, OK, OR, SD, UT, WA, WI, WY
• Inquiry Type: Soft pull
• Credit Card Funding: Up to $500 (Online)
• Direct Deposit Requirement: $1,000+ for three consecutive months (Learn More)
• Other requirements: No
• Monthly Fee: $10 (waivable, see above)
• Closing Account Fee: $25
• Expiration Date: 9/13/19 12/6/19 03/31/20 8/21/20 10/30/20 4/2/21

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