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Heads up, this is not a typical bank promotion that myself or any other average Joe can actually take advantage of. I just wanted to share it just in case.
This promotion is offered by BancWest Investment Services, which is a subsidiary of Bank of the West, and can earn you up to $2,500 in bonus money. You have to open a retirement or brokerage account to be eligible. BancWest Investment Services are available in AZ, CO, IA, ID, KS, MN, MO, ND, NE, NM, NV, OK, OR, SD, WA, WI, WY, and HI.
*Also check out the new $300 and $250 cash bonus offers from Chase bank!
Read On, If You’re Still Interested In The $2,500
This offer is available when you open and fund a retirement or brokerage account or add money to an existing account.
The cash bonuses are hefty, but the criteria are steep!
Make the following deposits into your BancWest retirement or brokerage account, and receive the respective bonus:
Terms & Conditions:
This offer is valid for new or existing BancWest Investment Services, Inc. (“BWIS”) customers, and is limited to one “Eligible Account” (as defined below) per customer. The maximum cash bonus allowable for an Eligible Account is $2,500 within a six-month period. “Qualifying Assets,” for purposes of this offer, shall mean assets (i.e., cash, securities, fixed and variable annuities, and real estate investments trusts) deposited or transferred into the Eligible Account from outside BWIS or any BWIS affiliate within 60 days of enrollment, minus assets withdrawn or transferred out of Eligible Accounts within such 60-day period. Life insurance holdings and other assets not listed above are not “Qualifying Assets” and are not eligible for this offer. Qualifying Assets will be valued at the time BWIS receives such assets. An “Eligible Account” is a BWIS account that holds Qualifying Assets, and that has been enrolled to receive this offer prior to depositing or transferring any Qualifying Assets. Eligible Accounts do not include any account the inclusion of which is prohibited by law or may result in a breach of any fiduciary duty, law or regulation, including, but not limited to, the Employee Retirement Income Security Act of 1974 (“ERISA”). Customers with Qualifying Assets of $50,000-$74,999.99 may receive a bonus in the amount of $200; customers with Qualifying Assets of $75,000-$249,999.99 may receive $300; customers with Qualifying Assets of $250,000-$499,999.99 may receive $700; customers with Qualifying Assets of $500,000-$999,999.99 may receive $1,250; customers with Qualifying Assets of $1,000,000 or more, may receive $2,500. If all requirements for this offer are met, Qualifying Assets will be calculated as of the 60th day after enrollment and the cash bonus will be credited to the Eligible Account within six weeks. The minimum Qualifying Assets for the applicable bonus amount must be maintained in the Eligible Account for one year from the date on which BWIS receives such assets or BWIS may charge the account the amount of the bonus. Any applicable taxes associated with the cash bonus are the responsibility of the BWIS account holder. To the extent required by law, BWIS will report the total value of this bonus to the IRS on Form 1099-INT for the applicable tax year in which the bonus was paid. Customers should consult a tax professional to determine the appropriate tax treatment for this bonus offer. Employees or associated persons of FINRA, any FINRA member firm (other than BWIS), or a U.S. exchange are not eligible for this offer. Employees, associated persons, and customers of First Hawaiian Bank and First Hawaiian Investment Services are not eligible for this offer. Offer is non-transferrable and only valid in the United States. BWIS reserves the right to modify or cancel this offer at any time. Void where prohibited.