Bank of Hope $388 Checking Bonus [AL, CA, IL, NJ, NY, TX, VA, WA] – Ends 2/28/25

I’m always on the lookout for the best bank bonuses, and Bank of Hope is offering a fantastic deal to kick off the year! You can earn $388 when you open a new Bank Simply Checking account, and it’s a great way to start your financial year off right. With simple qualifications like setting up direct deposits, this offer is an easy way to earn some extra cash. Here’s how to make the most of this limited-time opportunity before it expires on February 28, 2025!

The offer is available in the bank’s service area in thsese states: AL, CA, IL, NJ, NY, TX, VA, WA.

For online bank bonuses available nationwide, see our guide to the best deals here. Check out this one from BMO Bank.

Key Takeaways:

• Open a Bank Simply Checking account and earn a $388 bonus.
• Set up direct deposits totaling $1,000 or more within 90 days to qualify.
• Offer valid for new customers only, and the bonus is credited within 30 days after meeting the requirements.

How to Claim Your $388 Bonus

To get your $388 bonus, follow these simple steps:

1. Open a Bank Simply Checking Account: Sign up by February 28, 2025, using the promo code “LUNAR” to ensure you’re eligible for the bonus.
2. Set Up Direct Deposit: You’ll need to set up and complete qualifying direct deposits totaling at least $1,000 within 90 days of opening the account.
3. Meet All Requirements: Your account must remain open and in good standing for the bonus to be paid out. If the account is closed within six months, the bonus may be forfeited.

Once you meet all the qualifications, the $388 bonus will be credited to your account within 30 days.

Bank Simply Checking Benefits

• No Monthly Service Charges: Enjoy an account with no maintenance fees.
• Low $25 Minimum Opening Deposit: Start your account with a low initial deposit.
• Access to Over 50,000 Surcharge-Free ATMs: Bank nationwide with ease.
• Go Paperless: Sign up for e-statements and manage your account online.

Eligibility Details

• New Customers Only: This offer is for new personal checking customers only. If you’ve had a personal checking account with Bank of Hope in the past 30 days, you’re not eligible.
• Direct Deposit Requirements: Qualifying deposits must be made by an employer or government agency, not through peer-to-peer payments like Zelle or Venmo.

Our Take

Bank of Hope’s $388 checking bonus is a great opportunity if you’re looking for a new account with no monthly fees and easy qualifications. The direct deposit requirement is simple to meet, and the bonus is a nice chunk of change to start the year. Plus, with nationwide ATM access and no maintenance fees, this account offers great value. Be sure to take advantage of this offer before it expires on February 28, 2025!