Bank checking account promotions abound these days with some banks offering a lot of sweeteners just to woo customers. There are those that offer interest bearing checking accounts and those that offer checking account bonus with a direct deposit requirement or maintaining the required minimum balance.

A good example is Bank of America, which also runs a Keep The Change Automatic Savings Promotion. Currently, Bank of America is offering a $50 checking account bonus until January 20, 2012. So, you still have a few months to think as to whether or not you will go and switch your checking account with Bank of America.

Here is how you can get the $50 checking account bonus:

1. Fill out Bank of America’s online application form and enter Offer Code GROUP50;
2. Set up a qualifying Direct Deposit into your new checking account within the 60 days of account opening; and
3. Get your $50 checking account bonus, which will be directly deposited to your new checking account within 120 days of meeting the bank’s qualification requirement.

Please note that this offer is limited to only one customer and does not apply to a second or multiple accounts nor can this offer be combined with other offers or is not eligible with other offers. Also, your account must be in good standing at the time of qualification. In other words, you must keep your account active within the time frame set by the bank in order to qualify for the $50 checking account bonus.

In addition, you will not be eligible for this checking account bonus offer if you were a signer of a Bank of America Account that was closed within the last three (3) months.

The bank has also set different minimum amount balance for different types of checking account to qualify for this offer. So, basically, the minimum amount depends on the type of checking account you choose. For example, the minimum opening deposit for MyAccess Checking Account is $25 while, the  minimum opening deposit for aTiered Interest personal checking account  is $100.

Tags: Bank of America, checking account bonus, checking account promotion, interest bearing checking account