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$50 / $220 referral program - Bank of America : business customers, expires 5/10/06

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#1 pangya88


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Posted 06 June 2005 - 12:43 AM

I have updated bonus info below. Markber

b of a business account

Get up to $220 when you put us to work for your business today.1

Get $50 when you open any business checking account with a check card1
All of our business checking accounts come with these extras, plus guidance from our business experts:
- Free Online Banking service with unlimited Bill Pay service
- Visa® Business Check Card with Total Security Protection®
- Small Business Discount Program for savings of 5% to 75% on the things you need for your business and yourself
- 24-hour Telephone Banking

Here's how you can get up to $220:

To get $50
For both you and the business owner who referred you, simply bring in this page and open the business checking account of your choice. Receive an additional $50
If you also get a Bank of America Visa® Business Credit Card.˛ Add another $100
when you apply and are approved for a Card Processing Solution. Get an extra $20
If you open a new business savings account.

Bring this paper in to a banking center when you're ready to get started.
The extra rewards are only paid to the new customer. The referring, existing business customer is eligible only for the $50 reward when a new business checking account is opened.

Redemption Process For Bank of America Associates
Offer Code: CRALP
IMPORTANT NOTE FOR PERSONAL BANKERS: Please use the Online Redemption Form or call the Redemption Hotline via OneCall to request the offer fulfillment on the customer’s behalf.

Offer expires on 5/10/06 and is available in any Bank of America banking center. The referral form available on www.bankofamerica.com must be presented at the time the account is opened. To receive any of the offers described, the referee/new customer must not be a current business checking customer and the new checking account must remain open until we can verify its eligibility, which generally takes no more than 90 days. The referee/new customer is not eligible for this offer if they were a signer on a Bank of America business checking account that was closed within the last three months. All accounts are subject to our normal approval process. A referring customer can receive multiple rewards for referring multiple new customers. A new customer can only receive one of each type of new account incentive. A new customer can still receive additional rewards by referring other new customers. Offer does not apply to second or multiple checking accounts. Only Small Business checking products are eligible for the Business Referral offer. Bank of America sales associates are not eligible for this offer. Ask a Bank of America associate for details on the Customer Referral and Student Referral programs. This business referral offer can be combined with the Business Checking package with Plus Consumer checking account offer (First ChoiceTM Gold, Prima® or Advantage). The Business Checking package includes a business checking account (interest bearing or non-interest bearing) with no monthly maintenance fees/monthly service charges. If the new customer wants to open or has a different type of consumer checking account, they can still receive a two-year waiver on the monthly maintenance fees/service charges for the business checking account with the Business Checking package. This offer may not be combined with any other offer than those previously stated on this page.

After we verify that the new customer opened a qualifying new checking account, the referrer and referee will be paid the appropriate referral reward. Additional rewards may be earned by the referee/new checking customer who opens additional account(s) at the same time the checking account is opened. The new customer will receive $50 for opening a qualifying business checking account plus the following bonuses if the additional accounts are opened at the same time: $20 for opening a business savings account, $50 for applying for and being approved for a credit card and/or $100 for submitting an application for a Merchant Services Card Processing Solution with Bank of America, N.A. and BA Merchant Services, LLC within 15 days of opening a business checking account and the application is approved, for a total reward of up to $220. The referrer of this new customer will receive $50 if the new customer qualifies for the checking reward. The extra rewards are only paid to the new customer. We generally direct deposit the new customer’s total reward amount into their new Bank of America checking account within 90 days of the account opening. If for any reason we are unable to successfully direct deposit the funds, a check will be issued. All referring customers will receive their reward via check. We may report to the IRS the value of any premium. Any applicable taxes are the responsibility of the recipient.

We offer a variety of interest-bearing and non-interest-bearing checking accounts, plus various types of interest-bearing savings accounts. For interest-bearing business checking accounts, the Annual Percentage Yield (APY) is 0.10% (0.20% in Metro NY) as of 12/22/05 for any account balance. The rate may change after the account is opened. Fees could reduce earnings on the account. Transaction limits and excess transaction fees apply. Only sole proprietors, non-profits and government agencies are eligible for interest-bearing business checking accounts. Please consult a banking center associate, visit www.bankofamerica.com or see our Business Schedule of Fees for other checking and savings account minimum opening deposits, rates and information. Note: We reserve the right to disqualify any referrals in circumstances where we reasonably believe they were not sent to us in good faith.

2 Credit subject to approval. Normal credit standards apply. Credit cards issued by Bank of America, N.A. (USA). Cards issued pursuant to our secured card program and cards we issue under a special program to help our customers rebuild their credit, do not qualify for this offer.

#2 jeffolie


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Posted 09 June 2005 - 07:30 PM

It worked great. BoA waived the minimum balance and fees for 2 years for Business checking because of a promotion going on now.