Bank of the West New Account Promotions – $250 or $600 for Checking

Bank of the West is a regional bank with an enormous footprint in the Midwest and Western United States. With over 600 branches and 9,000 employees, it’s headquartered in San Francisco and is a subsidiary of financial giant BNP Paribas.

Bank of the West is FDIC insured up to $250,000 under FDIC certificate #3514 as a State Chartered Bank and regulated by the FDIC.

They often run some good promotions and there are currently two offers available, one for $250 and one for $600, here are the details:

Citi Priority Account – $300, $700, or $1,500

Citi is offering $300, $700, or $1,500 when you open a Citi Priority Account by 10/4/2021.

Then, within 30 days of opening your account, deposit New-to-Citi funds and keep it there for 60 days. The bonus is based on the amount you transfer, starting at $15,000.

This is a limited time offer so don’t wait!

Learn more about this Citi offer

Table of Contents
  1. Bank of the West Checking Bonus — $250
  2. Bank of the West Premier Checking Bonus — up to $600
  3. Bonus Offer Restrictions
  4. How Does This Offer Compare?

Bank of the West Checking Bonus — $250

Bank of the West has a checking account bonus of $250 when you open an Any Deposit Checking account (except for UCB Student Checking and Bank of the West Premier Checking) with any opening deposit amount (a penny or more).

Then, set up a direct deposit with your employer or benefits provider and make direct deposits totaling $1,000 or more per month for three months in a row by 12/31/2021.

That’s the only requirement – after that, you get the bonus.

The account has a $10 monthly fee that you can waive if:

  • You make any deposit per statement cycle (this can be using the mobile app, in-branch, via ATM, or directly into the account)
  • You are under the age of 25

Otherwise, no minimum balance and it takes just ten minutes to open the account.

You can open an account online (it’ll enter the promo code automatically) or go into a branch but you must be a resident of Arizona, California, Colorado, Idaho, Iowa, Kansas, Minnesota, Missouri, Nebraska, Nevada, New Mexico, North Dakota, Oklahoma, Oregon, South Dakota, Utah, Washington, Wisconsin or Wyoming.

Learn more about the Bank of the West promotion
(Offer expires 7/30/2021)

Bank of the West Premier Checking Bonus — up to $600

This offer is higher because the requirements are a bit higher.

First, you get $500 when you open a Premier Checking account by 8/6/2021 and deposit at least $25,000 that same month and maintain a $25,000 average monthly balance for three full calendar months.

Then, you get an additional $100 when you open a Choice Money Market Savings account by 8/6/2021. You must deposit a minimum of $10,000 in funds new to Bank of the West and maintain an average monthly balance of $10,000 for three full calendar months to get the extra $100.

The Premier Checking has a $25 monthly service charge that is waived for the first two statement cycles. It’s also waived with a $25,000 average monthly combined balance, which you’ll meet if you meet the bonus requirements.

You can open an account online (it’ll enter the promo code automatically) or go into a branch but you must be a resident of Arizona, California, Colorado, Idaho, Iowa, Kansas, Minnesota, Missouri, Nebraska, Nevada, New Mexico, North Dakota, Oklahoma, Oregon, South Dakota, Utah, Washington, Wisconsin or Wyoming.

Learn more about the Bank of the West promotion
(Offer expires 8/6/2021)

Bonus Offer Restrictions

There are a few restrictions on both offers:

  1. You can’t have had an open consumer checking account as of 2/21/2021
  2. You can only get one consumer bonus between 9/1/2019 and 9/29/2021
  3. One individual per residential address
  4. Must keep the account in open status and with a positive balance as of 8/31/2021

How Does This Offer Compare?

This is an above average bonus for a checking account with no minimum and no maintenance fee (with a direct deposit), you typically see offers like this at around the $200 – $250 range so this offer is good.

Citi Priority Account – $300, $700, or $1,500

Citi is offering $300, $700, or $1,500 bonus when you open an account by 10/4/2021. Then, within 20 days of opening your account, deposit at least $15,000 in New-to-Citi funds and keep it there for 60 days. The bonus amount is based on how much you can transfer but the lowest tier starts at $15,000.

Chase Total Checking® – $225

Chase Bank will give you $225 when you open a Total Checking account and set up and set up direct deposit within 90 days. There is a $12 monthly fee that is waivable with a monthly direct deposit of just $500, so no gotchas on this deal!

Capital One 360 Checking – $150

Capital One 360 has a $150 cash bonus when you open a new account and then receive 2 direct deposits totaling $250 or more within 75 days of account opening. Valid for new 360 Checking account customers. If you had a 360 Checking account with Capital One on or after January 1, 2018, you are ineligible.

HSBC Premier Checking – $600

HSBC has an offer where you can get up to $600 with a 3% cash bonus checking offer on qualifying direct deposits each month for the first six months of opening. It’s one of the more interesting deposit bonuses as it doesn’t rely on your account balance being a certain size. Click here to learn more about this offer.

Bank of America – $100

Bank of America offers a $100 cash bonus if you open a new account and set up and receive at least 2 qualifying direct deposits of $250 or more into that account within the first 90 days of opening. It has a monthly fee that is easy to have waived, you can learn more about this offer here.

If you can get this Bank of the West promotion, it’s a solid offer that’s easy to satisfy.

Other Posts You May Enjoy:

Pinecone Research Review: More Money for Surveys

Anyone who wants to make money online with surveys should consider Pinecone Research as each survey earns $3 with a time investment of 20 minutes. The platform can be a good option for enthusiastic survey takers looking to boost their side hustle income too.

Toluna Review 2021: Make Money with Online Surveys

Toluna can be one of the most exciting ways to make money with online surveys as you can choose from many topics. But the redemption options are relatively limited for gift cards and the cash redemption minimum is high.

25 Online Jobs for Teens in 2021

There are many online jobs for teens that can match almost any interest or work schedule. These opportunities can provide more options than many local areas and the extra money can be useful for hanging out with friends or for the future.

About Jim Wang

Jim Wang is a thirty-something father of four who is a frequent contributor to Forbes and Vanguard's Blog. He has also been fortunate to have appeared in the New York Times, Baltimore Sun, Entrepreneur, and Marketplace Money.

Jim has a B.S. in Computer Science and Economics from Carnegie Mellon University, an M.S. in Information Technology - Software Engineering from Carnegie Mellon University, as well as a Masters in Business Administration from Johns Hopkins University. His approach to personal finance is that of an engineer, breaking down complex subjects into bite-sized easily understood concepts that you can use in your daily life.

One of his favorite tools (here's my treasure chest of tools,, everything I use) is Personal Capital, which enables him to manage his finances in just 15-minutes each month. They also offer financial planning, such as a Retirement Planning Tool that can tell you if you're on track to retire when you want. It's free.

He is also diversifying his investment portfolio by adding a little bit of real estate. But not rental homes, because he doesn't want a second job, it's diversified small investments in a few commercial properties and a farm in Illinois via AcreTrader.

Reader Interactions

Leave a Comment:

Comments

About the comments on this site:

These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

  1. Meri Orshansky says

    Hi,
    I just call Bank of the West to make an appointment to open the account for $500.00 bonus promotion, but the banker said that I have to have a “mailer” from the bank in order to do so or I have to have a promotional code. It does not say “Targeted” on your website. Am I mistaken and the bank is right? Any suggestion? I have only couple days to open it, if so. I know you will suggest to do it online, but I always prefer to go to the branch. I live just 2 miles from it.
    Warmest Regards,
    Meri

    • Jim Wang says

      Hi Meri – unfortunately I don’t have any more information than what you see. If it was targeted, it doesn’t say so on the page I was sharing because it says your promo code will be applied automatically.

As Seen In: