April has been full of checking promotions, and if you think you haven’t had the chance to score a deal for yourself, think again. This time, Branch Banking and Trust Company or BB&T has jumped into the promotions bandwagon by giving away $100 in cash bonus when you open a new checking account.
Promo Mechanics
This special limited offer will require you to first to open a new checking account under BB&T. The checkholder must not have a previous personal checking account with BB&T in the past 6 months. It is applicable to only one person per household and as such, multiple accounts will not be honored for the promotion. Here’s an important note – you must mention the promotion code AIEAP to avail the offer, or else you won’t get it.
After account opening, you must then enroll in BB&T’s online banking services. From here, you must be able to perform three online bill payments for three times. Each payment must be at a minimum of $25 in total amount. This action must be performed within the first 90 days of account opening.
Another way to get the cash bonus is to initiate 2 recurring deposits to your new checking account. Each deposit must be at a minimum amount of $100. Again, this action must be performed within 90 days of account opening.
After having met these requirements, there will be a grace period of 120 days upon account opening before BB&T credits your $100 cash bonus.
This offer is only open to residents of Florida, Georgia, Alabama, North Carolina, South Carolina, Tennessee, Texas, Kentucky, Indiana, Virginia, West Virginia, Maryland, and Washington DC.
This promotion is p only for a limited time offer only. If you like BB&T’s checking promotion, you must open an account before April 30, 2012.
More on BB&T’s Checking Accounts
BB&T will require a $10 monthly maintenance fee on your account, but there are ways to keep your account totally free:
1. One monthly direct deposit of equal to or more than $100 for each statement cycle.
2. Average checking balance of $1,500 pre statement cycle.
3. Combined deposit and retail loan balances of up to $6,000.
4. Personal mortgage from BB&T
About BB&T
BB&T was founded during the aftermath of the Civil War. Partners Alpheus Branch and Thomas Jefferson Hadley started as private bankers, offering paid interest, time deposits, loans to farmers in their community.
Many decades and mergers after, BB&T began to grow rapidly, marking its stronghold in various states. BB&T is on its way to gaining traction to make it big in the banking world.