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How to Receive the Bank of America $25 Referral Fee Bonus

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Receive the Bank of America $25 Referral Fee Bonus
Receive the Bank of America $25 Referral Fee Bonus
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Bank of America will pay you a $25 referral fee when you sign up for a Bank of America free checking account. Here's how to get your $25 money referral fee.

Difficulty: Easy
Instructions
  1. Step 1

    To receive your $25 referral fee from Bank of America, visit the Bank of America webpage listed in the resources below.

  2. Step 2

    Bank of America will ask you what your state is. Just enter your state, and you will be taken to another web page.

  3. Step 3

    On this page, you can select which type of checking account you would like to open. They offer two free checking accounts. One is for adults and one is for students. MyAccess Checking® is the free checking account for adults. CampusEdge® Checking is the free checking account for students. Both of these are great choices if you want a free checking account with no minimum balance required. It's free to sign up for these accounts, and you can receive $25 from Bank of America when you sign up. Now you just have to think of what you'd like to spend the $25 referral fee on?

Tips & Warnings
  • Be aware that if you sign up for the Bank of America Advantage® Checking account, it is not totally free. You must maintain a $5,000 average daily balance, otherwise you have to pay a $20 monthly maintenance fee.
  • If you just want the free checking account and the free $25 referral fee, sign up for one of the free checking accounts like: MyAccess Checking® or CampusEdge® Checking.
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