Bank of America now offers $100 to open a new checking account with just $500.

With thousands of Bank of America locations and online banking, this offer is easy to take advantage of. If you already have a B of A account, forward this to a friend and get a referral bonus!

Here’s how to get your $100 for opening a new Bank of America checking account:

This offer is available only to new customers who open a qualifying personal checking account with a minimum balance of $500
The new checking account must be open for at least 30 days
You must make a minimum of one transaction with the newly assigned check card
To open a new checking account, apply at Bank of America online or go to a banking center and reference offer code AOU260909

Here’s how current Bank of America customers can get a referral bonus (so make sure you forward this to your friends and family – so you both get a bonus):

Tell your friend to mention your name when signing up so that you get credit. Here is the link to the program details.
$25 – For yourself and the friend you refer when they open a new, personal Bank of America Checking account.
$10 – For yourself and the student you refer when they open a new, CampusEdge Checking account.
$50 – For yourself and the business you refer when they open a new Bank of America Business Checking account.

A Bank of America checking account offers you some interesting advantages:

Free “MyAccess Checking” with no monthly maintenance fee when opened online.
Banking near home, work or school with over 6,100 Bank of America locations
Access to your money at over 18,000 ATMs
Check balances, pay bills, and transfer funds with Bank of America Online Banking and Mobile Banking
Effortless savings with “Keep the Change” program that puts money in your savings account

My only real complaint with Bank of America is that they have not yet truly integrated Countrywide’s mortgage system at the branch level yet, so you cant just walk in and make a mortgage payment without a payment coupon. Not a huge deal, but by now they should be able to integrate all their systems, don’t you think?