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I read the fine print on the Bank of America offer, and it looks like we can open the account, collect our cash, and leave. Did other people come to this same conclusion?
No direct deposit required? Wow. I might consider this. I did have an account with them when I was an associate, but I let it lapse because they wouldn’t waive the no minimum fee.
From the stories i’ve heard about people from BoA and Chase both in banking and credit cards, that $100 is NO WHERE near enough for me to entrust my livelyhood to BoA
PA Residents looking for a Credit Union: PSECU is offering $100 for a new applicants. [www.gobranchless.com] There’s some restrictions (like you will have to set up Direct Deposit.) But PSECU has a huge network, lots of ATMS and Bill Payer is a fee FREE service!
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