Targeted 10k AS miles with BofA Checking Account

Discussion in 'General Discussion | Credit Cards' started by sharris503, Nov 15, 2012.  |  Print Topic

  1. sharris503

    sharris503 Silver Member

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    I got this email from Bank of America today.

    "Open a checking account from Bank of America, which is pleased to provide your Alaska Airlines credit card, and have 10,000 Bonus Miles deposited into your Alaska Airlines Mileage Plan account after qualifying transactions1.

    Just open your checking account with a minimum deposit of $500 by
    January 31, 2013, and use it to make your credit card payment electronically,
    such as through Online Banking or phone, for the next three months.


    Do all your banking in one place and benefit from:"



    Here is the link, not sure if it will work without receiving the email.
    http://click.emcom.bankofamerica.co...fa94ef46e96dcc64fef0adb08bddfff5ee0fc5774a591

    and here are the T&C's

    New personal checking account must be opened by January 31, 2013. Offer is available only to those customers who receive a direct offer from Bank of America. To be eligible for this limited-time offer, you must be an existing Bank of America credit card customer whose account is open and in good standing and must not currently have a personal checking account with Bank of America. You are not eligible for this offer if you were a signer on or owner of a Bank of America personal checking account within the last 12 months. Bank of America may change or terminate this offer before this expiration date without notice. Please ask an associate for details.

    To receive the 10,000 Bonus Miles you must: (1) open a new Bank of America personal checking account online or in a banking center with a minimum $500 opening deposit and (2) each calendar month, for the first three months from the new account opening date, make a payment on your credit card account from your new personal checking account electronically, for example via Online Banking Bill Pay, ACH transfer (one-time or recurring) or Pay by Phone. All terms of your Alaska Airlines Mileage Plan Program Rules apply to miles earned through this offer.

    Depending on your particular circumstances, the value of this reward you receive may constitute taxable income. In addition, Bank of America may issue an Internal Revenue Service Form 1099 (or other appropriate form) to you that reflects the value of such reward. Please consult your tax advisor, as neitherBank of America, FIA Card Services, N.A. nor its associates provide tax advice.

    We will make every attempt to credit the 10,000 Bonus Miles directly into your Alaska Airlines Mileage Plan account within 90 days of your meeting all of the qualifications provided that your credit card and new personal checking accounts are open and in good standing. Offer cannot be combined with any other offer and is limited to one incentive per new personal checking customer and account. Offer does not apply to business or second or multiple personal checking accounts. All account applications are subject to our normal approval process. The minimum deposit required to open a new personal checking account and receive this offer is subject to the normal opening deposit requirements of the specific account being opened. For example, the minimum opening deposit for Tiered Interest Checking is $100. For Tiered Interest Checking accounts, the Annual Percentage Yield (APY) is as follows: less than $10,000, 0.01%; $10,000-$99,999, 0.02%; $100,000 and over, 0.03%. APYs are accurate as of 10/05/2012. The rates may change after the account is opened. Fees may reduce earnings. Please consult a banking center, visitbankofamerica.com or see the Personal Schedule of Fees for other account fees, rates and information. Reproduction, purchase, sale, transfer or trade of this offer is prohibited.

    Any information presented about tax considerations affecting client financial transactions or arrangements is not intended as tax advice and should not be relied upon for the purpose of avoiding any tax penalties. Neither Bank of America, FIA Card Services, N.A. nor its associates provide tax, accounting or legal advice. Clients should review any planned financial transactions or arrangements that may have tax, accounting or legal implications with their personal professional advisors.
     
  2. Slow_Mustang
    Original Member

    Slow_Mustang Silver Member

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    Thanks for sharing the link, but the T&C states,
    "Available ONLY to those customers who receive a direct offer from Bank of America."

    As such, it appears to be targeted and valid only for card holders who receive this invitation.
     
    wrxmom and rodeojones like this.
  3. sharris503

    sharris503 Silver Member

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    How do they know got the email? By clicking on the link right?
     

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