Bank of the West $250 Checking Bonus

Earn a $250 bonus when you open any new deposit checking account with Bank of the West.

To qualify for the reward, you must:

• Get $250 when you open an Any Deposit Checking account either online (promo code automatically applied) or in-branch, AND
• Make direct deposits of at least $1,000 per month, three months in a row.
• Must also keep a positive balance.

Bank of the West $250 Checking Bonus

• Account Type: Checking account
• Availability: AZ, CA, CO, ID, IA, KS, MN, MO, NE, NV, NM, ND, OK, OR, SD, UT, WA, WI, WY
• Direct Deposit Requirement: Yes, direct deposits totaling $1,000 or more for the first three months
• Credit Inquiry: Soft Pull
• ChexSystems: Yes, sensitive
• Credit Card Funding: $500 max, VISA/MC only. *Recent data points may be coding as cash advance*
• Monthly Fee: $10, waive-able
• Closing Account Fee: $25 fee if closed within 91 days
• Household Limit: One per mailing address

(Offer Expires 09/30/2022)

Waive The Monthly Fee

$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. Opening deposit can be any amount ($0.01 or more). No monthly service charge if any account owner is under 25 years of age.

Fine Print

• Apply for a new, qualifying consumer checking account with a promotion code during the qualification period (see the offer).
• Account must be opened online at www.bankofthewest.com/checkingbonus or in a branch.
• Qualifying checking accounts are consumer checking accounts, excluding UCB Student Checking and Bank of the West Premier Checking accounts.
• The minimum opening deposit for other checking accounts eligible for the checking bonus is $100.
• Customer must make qualifying direct deposits totaling $1,000 or more, monthly for three consecutive calendar months 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 August, then sequential direct deposits made in August, September and October; or September, October and November; or October, November and December or November, December and January would each qualify.
• A qualifying direct deposit must be payroll, Social Security, pension or other government benefits.
• Non-qualifying direct deposits include transfers from Bank of the West or Bank of the West affiliate accounts, credits from Bank of the West, ACH bank-to-bank transfers, person-to-person transfers using a mobile payments service such as Zelle®, or deposits made at a branch or ATM.
• Qualifying direct deposits must be funds new to the Bank.
• Only one new checking bonus can be applied to a checking account.
• Only one individual per residential address is eligible for this bonus offer.
• Promotion code required at account opening.
• Offer does not apply to second or multiple checking accounts.
• Bank will classify the bonus as interest paid to the checking account.
• Any applicable taxes associated with the bonus are the responsibility of the account holder.
• To the extent required by law, Bank will report the total value of this bonus to the IRS on Form 1099 for tax year 2022.
• New money does not include fund transfers between Bank of the West or Bank of the West affiliate accounts or any credits that may be applied from Bank of the West or any Bank of the West affiliate.

Bottom Line

Make sure you check out Bank of the West to earn a $250 bonus promotion. Don’t forget, the $250 bonus will be reported on IRS on Form 1099 for tax year 2022. If you reside in one of the states listed, be sure to take advantage of this!

Please share your experience by commenting below as we value your feedback and will continue to keep you posted on the latest bank offers nationwide. If you would like to see more, see our list of the latest Bank of the West Promotions or check out our full list of bank promotions.