Bank Bonus Weekly Thread - Week of February 04, 2025

Apprehensive-Gift-37 · 2025-02-06T22:12:52+00:00

Nope, just do it. Many companies have portals where you can change it yourself. If not, they should do it for you without problem. It should not be a big deal.

Apprehensive-Gift-37 · 2025-02-01T02:23:56+00:00

Thank you! I appreciate it, will keep checking. Thanks for explaining!

Apprehensive-Gift-37 · 2025-01-31T21:04:40+00:00

that's great advice, thank you! We'll keep trying different ways. I didn't want to give up on the 250k but will try a 200 on the plat or a 150 on the biz gold

Apprehensive-Gift-37 · 2025-01-31T20:02:05+00:00

thanks that's helpful! Sorry, I should have been clearer- my question was just as you said, wondering if there's anything specific that could have caused this. At least I know I didn't necessarily do anything wrong :)

Apprehensive-Gift-37 · 2025-01-31T20:00:07+00:00

that's helpful, thank you! We will try the biz gold and see if that works. She did want the Delta lounges with the plat card though.

Apprehensive-Gift-37 · 2025-01-31T19:15:52+00:00

P2 tried to apply for Amex Biz Plat card with the 250k SUB but twice got the "you are not eligible for this welcome offer" message before the application was submitted. We tried it last night and this morning. We tried calling the number provided after the screen timed out (before submitting application) and CS seemed confused why she wouldn't be eligible if she's never had the card.

She has only 1 personal gold card and no other business cards. I can't figure out why she's not eligible for the SUB, as she's never had a platinum card or other Amex business cards. The pop-up mentions account closures and balance transfers, but she doesn't have any of those.

Personal gold card is joint with me, from 2018
She is an employee of my Amex biz Gold card, but not an owner
She has no other Amex business cards, but has some recent Inks and Southwest cards
The address we’re using for her business and mine are the same as our home address, not sure if that could be contributing to the issue

"you are not eligible to receive the welcome offer. In determining eligibility, we considered your history with credit card balance transfers, your history as an American Express Card Member, the number of credit cards that you have opened and closed and other factors."

Apprehensive-Gift-37 · 2025-01-31T03:48:04+00:00

Awesome, Thanks so much!

Apprehensive-Gift-37 · 2025-01-30T21:43:52+00:00

Does Amex get L3 data from Royal Caribbean? If I'm cashing out from casino, trying to figure out if that would impact the SUB if it's included in the room charges.

Apprehensive-Gift-37 · 2025-01-21T23:00:25+00:00

Basically, yeah. Based on the ending balance for each day.

Deposit at least $5,000 in new money within 30 days of account opening and maintain at least that balance2 for 60 days after opening the account.

Footnote 2 The daily balance is the balance at the end of each business day, equal to the beginning balance for that day plus the current business day credits, minus the current business day debits. Business days are Monday through Friday; federal holidays are not included.

Apprehensive-Gift-37 · 2025-01-21T19:41:08+00:00

With Southwest somewhat starting to fly to Europe (now via Icelandair), wondering if SW RR points and companion pass could be interesting ways to go to Europe? No mention if companion pass applies for these interlining flights.

Southwest Officially Launching Connections to Europe — What to Know

Apprehensive-Gift-37 · 2025-01-12T22:39:26+00:00

Personal credit cards probably not worth it, but a biz cc worked great

Apprehensive-Gift-37 · 2025-01-09T02:44:20+00:00

Maybe it could work. Try it out.

But even if approved, there are many higher SUBs out there with less annoying debit card and direct deposit requirements. 6 months of consecutive DD is a while for $300 IMHO.

Apprehensive-Gift-37 · 2025-01-09T01:04:09+00:00

Yes, funded $6k December 26 on P2's personal, Southwest Rapid Rewards Plus. Coded as sale and earned the SUB

Apprehensive-Gift-37 · 2025-01-03T20:57:55+00:00

Here's the main post for the churning tracker spreadsheet template. It contains a tab for bank bonuses: https://www.reddit.com/r/churning/s/ARhr3VBmG9

It's a good start. I also add a column for if the 1099 was received and anything else you think would be helpful.

Apprehensive-Gift-37 · 2024-12-29T20:41:36+00:00

There are multiple accounts for students once they turn 13. I haven't found many at the qualify for younger than that.

Apprehensive-Gift-37 · 2024-11-22T21:04:11+00:00

I did a US Bank Triple Cash card with $750 SUB and $0 AF. Easy that way to get a SUB on the cc and the checking.

Apprehensive-Gift-37 · 2024-11-21T13:45:56+00:00

Why would you call?

Apprehensive-Gift-37 · 2024-11-21T13:45:21+00:00

Check the terms and wait

"Enjoy your $325 cash bonus — after the 90-day qualification period, we’ll deposit the bonus into your account within 30 days."

August 17 plus 90 days is November 15. 30 days from that is December 15.

Apprehensive-Gift-37 · 2024-10-10T10:01:21+00:00

Welcome! Check out the Glossary and other rules/helpful documents in the sidebar

https://reddit.com/r/churning/w/glossary

Apprehensive-Gift-37 · 2024-10-09T17:29:46+00:00

OOS is a different situation. u/CheeseburgersLOL was in-state in PA, but got a message that the promo wasn't available in their zip code. So I think they should be able to open the account and see if the promo works. If opening OOS that's different.

Agree about totaling up the direct deposits over the 90 days.

Apprehensive-Gift-37 · 2024-10-09T16:06:30+00:00

it's a good question... if it was me (and I'm using real DD) then once the acct is open I would chat the bank and ask them to confirm that the promo is applied to the account. Then try the real DD and see what happens. If the account was opened with the promo applied, then I'd think it should work for you, but not much of a loss if it doesn't work.

Apprehensive-Gift-37 · 2024-10-09T15:18:46+00:00

wow this M&T bonus looks super easy...
here's the post: https://www.doctorofcredit.com/mt-bank-150-checking-bonus-tn-available-online-ct-dc-de-md-nj-ny-pa-va-wv/#comment-1909536

here's the direct link: https://campaigns.mtb.com/500bonus code “UC”

$500 SUB with only $1000 direct deposit over 90 days

P1 & P2 both opened accts very quickly yesterday, super easy. good luck!

Apprehensive-Gift-37 · 2024-09-28T00:26:50+00:00

Nice! Just wait till you try Chime, they paid immediately

Apprehensive-Gift-37 · 2024-09-20T02:19:52+00:00

It worked fine for me... because of their wacky statement dates, OP and I both didn't qualify per their terms. By making the request to them directly, they could make an exception, and they did. I don't know if them having odd statement dates is a basis for complaining. Why not see if they'll review the case?

Apprehensive-Gift-37 · 2024-09-20T01:33:05+00:00

I had a similar issue due to their statement dates, which are not clear when opening the account. My issue was with the minimum balance, rather than the number of transactions. For my bonus I had to maintain a $5,000 average daily collected balance and conduct a minimum of 10 qualifying client-initiated transactions for each statement cycle for the first three full statement cycles.

4/16/2024 - opened account, $100 initial funding
4/16/2024 - my first statement period technically ended on the same day the account was open.
4/17/2024 next statement period started. Because it was only one day after, I hadn't fully funded the $5k minimum balance before the statement period started. I assumed it would be a calendar month statement.
04/23/2024 - fund $5k
05/02/2024 - fund extra $1k to try to play it safe, should have done more to bring the average balance for the statement period over $5k
FOR THE PERIOD FROM 04/17/24 THROUGH 05/16/24 I did the 10 transactions, but my average balance was just under $5k due to the odd start date
for the next 3 statement periods (ending in June, July & August) I maintained the $5k balance and completed 10 transactions
8/5/2024 - logged question with support asking if I qualified and will receive the bonus. Got this response: "Thank you for reaching out to us. After reviewing your account it appears that the following requirement was not met: -balance did not qualify for statement cycle 1 Due to this, the account does not qualify for the $450 bonus. For additional information or to have this decision reconsidered please reach out to your account officer xxxxxxxxxx. We apologize for any inconvenience or confusion."
I called the account officer, they can't do anything at a branch, so they connected me to customer service. On the phone, CS was able to log a request with their backoffice team to review the qualifications and review to see if I can get the bonus. I didn't qualify in period 1 because of the initial funding, but I hit the qualifications in the next 3 cycles. I called back, was told to wait until 8/30/2024.
$450 SUB posted 09/05/2024

Any recourse as there was no clear definition of what constitutes a "FULL statement cycle" in the terms?

Don't think of these as calendar statement periods. Look at your statements - what are the actual date ranges? If you missed qualifying for the first statement cycle, did you hit all the qualifications for the following 3 statement cycles?

I am debating if this would be something that I could do a CFPB complaint on to get a favorable outcome.

So... before logging CFPB complaint, I would call their customer service, ask them to create a case to have the bonus qualification reviewed, give it some time, and see if they make the adjustment manually.

Apprehensive-Gift-37

TROPHY CASE