3 replies to this topic

[markber]

LINK

Thanks Vivyip for letting me know about the bonus!

Terms:

Thank you for responding to our recent mailing.
Open a Money Market Savings account online or in a banking center and you could earn a $50 Bank of America Gift Check1. Because you are an existing Bank of America checking customer, you can save time by adding your new Money Market Savings account using online express application. It's a quick, easy and convenient way to open your new account online.

What to do:
Proceed to the Express Application.
Select Money Market Savings Account. The $500 initial deposit funding option will be pre-selected for you.
Complete the information requested and verify that the offer code SLA1 has been automatically populated on this page.

Opening an account online is easy.
For a faster application process, have the following information on hand when you begin your application:


Your Social Security number
Your current address
Mother's maiden name
Your e-mail address
Your account number(s) of existing Bank of America account(s)

After your application is approved, you will receive a new account welcome letter in approximately 4-5 business days with your new account information.



Apply online
Remember to verify that the offer code SLA1 appears on this form before submitting to ensure you get your $50 Bank of America Gift Check once you complete the account opening process.




1Offer valid only for new Money Market Savings accounts that are opened at a banking center or online. Your mail piece must be present at the time of account opening if the account is opened at a banking center. You will receive your $50 Bank of America Gift Check within 60 days of opening your new Bank of America Money Market Savings account with an opening deposit of $500. Limit one Gift Check per customer. Gift Check will become void if not redeemed within 90 days of issuance. Bonus will be reported as additional interest earned on the account at the end of the year. Offer expires on 12/31/2006.


For Money Market Savings accounts linked to a Bank of America Advantage® checking account, the annual percentage yield (APY) is as follows:

[suj]

I clicked on the link, and I just got redirected to the Bank of America home page. Did anyone manage to do this online? If I go to a banking center, what do I need to mention to get this bonus? Thank you for your help.

LINK

Thanks Vivyip for letting me know about the bonus!

Terms:

Thank you for responding to our recent mailing. 
Open a Money Market Savings account online or in a banking center and you could earn a $50 Bank of America Gift Check1. Because you are an existing Bank of America checking customer, you can save time by adding your new Money Market Savings account using online express application. It's a quick, easy and convenient way to open your new account online.

What to do:
Proceed to the Express Application.
Select Money Market Savings Account. The $500 initial deposit funding option will be pre-selected for you.
Complete the information requested and verify that the offer code SLA1 has been automatically populated on this page.

Opening an account online is easy.
For a faster application process, have the following information on hand when you begin your application:


Your Social Security number
Your current address
Mother's maiden name
Your e-mail address
Your account number(s) of existing Bank of America account(s)

After your application is approved, you will receive a new account welcome letter in approximately 4-5 business days with your new account information.



Apply online 
Remember to verify that the offer code SLA1 appears on this form before submitting to ensure you get your $50 Bank of America Gift Check once you complete the account opening process.




1Offer valid only for new Money Market Savings accounts that are opened at a banking center or online. Your mail piece must be present at the time of account opening if the account is opened at a banking center. You will receive your $50 Bank of America Gift Check within 60 days of opening your new Bank of America Money Market Savings account with an opening deposit of $500. Limit one Gift Check per customer. Gift Check will become void if not redeemed within 90 days of issuance. Bonus will be reported as additional interest earned on the account at the end of the year. Offer expires on 12/31/2006.


For Money Market Savings accounts linked to a Bank of America Advantage® checking account, the annual percentage yield (APY) is as follows:

[ichaelm]

LINK

Thanks Vivyip for letting me know about the bonus!

Terms:

Thank you for responding to our recent mailing. 
Open a Money Market Savings account online or in a banking center and you could earn a $50 Bank of America Gift Check1. Because you are an existing Bank of America checking customer, you can save time by adding your new Money Market Savings account using online express application. It's a quick, easy and convenient way to open your new account online.

What to do:
Proceed to the Express Application.
Select Money Market Savings Account. The $500 initial deposit funding option will be pre-selected for you.
Complete the information requested and verify that the offer code SLA1 has been automatically populated on this page.

Opening an account online is easy.
For a faster application process, have the following information on hand when you begin your application:


Your Social Security number
Your current address
Mother's maiden name
Your e-mail address
Your account number(s) of existing Bank of America account(s)

After your application is approved, you will receive a new account welcome letter in approximately 4-5 business days with your new account information.



Apply online 
Remember to verify that the offer code SLA1 appears on this form before submitting to ensure you get your $50 Bank of America Gift Check once you complete the account opening process.




1Offer valid only for new Money Market Savings accounts that are opened at a banking center or online. Your mail piece must be present at the time of account opening if the account is opened at a banking center. You will receive your $50 Bank of America Gift Check within 60 days of opening your new Bank of America Money Market Savings account with an opening deposit of $500. Limit one Gift Check per customer. Gift Check will become void if not redeemed within 90 days of issuance. Bonus will be reported as additional interest earned on the account at the end of the year. Offer expires on 12/31/2006.


For Money Market Savings accounts linked to a Bank of America Advantage® checking account, the annual percentage yield (APY) is as follows:

Beware that while it only takes $500 to open an account, you must maintain a minimum balance of $2500 in order to avoid a $10 monthly maintenance fee.

[CarolinaPinball]

As much as I would love to say this is a great deal, I can not. Bottom line, you must maintain a min balance of $2500 (or be subject to $12 monthly fees) and the rate you receive for this is 0.55%. Assuming that you have to leave the account open for 6 months to avoid any early closure penalties, you are left with an effective annualized rate of 4.65%, if you can close it after three it jumps to 8.65% annualized rate, of course if you keep it open a full year you wind up with 2.65% return for the entire year, in a word YUCK! I would stick with the checking and savings account offer, it is a much better return on your investment and your time