Bank of the West Bonuses: $25, $250, $600 Checking, Savings, Referral Promotions (Many States)

Take advantage of the latest Bank of the West bonuses, promotions, and offers here.

Currently, you can find a business bank bonus worth $25, $250, or $600 in promotional offers.

Bank of the West Bonuses Review

Bank of the West is headquartered in San Francisco, California, and was founded in 1874 as Farmers National Gold Bank. It operates through hundreds of retail and commercial locations across the country and offers a range of products and services.

I’ll go over all Bank of the West offers below.

Bank of the West $250 Checking Bonus 

Bank of the West is offering a $250 checking bonus when you open a qualifying account and complete certain requirements.

• What you’ll get: $250 Bonus
• Eligible account: Deposit Checking Account
• Availability: AZ, CA, CO, ID, IA, KS, MN, MO, NE, NV, NM, ND, OK, OR, SD, UT, WA, WI, WY (Bank Locator)
• Credit Inquiry: Soft Pull
• Direct Deposit Required: Yes
• Monthly Fee: $0-$25; waivable
• How to earn it:
  • Get your $250 bonus:
  • Open an account by September 30, 2022
  • Make direct deposits of $1,000 or more for 3 months in a row

(Offer expires 09/30/2022)

Editor’s Note: There’s also an alternative link with the similar $250 bonus amount.

Fine Print

• Apply for a new, qualifying consumer checking account with a promotion code between 07/11/2022 and 9/30/2022—the account must be opened by 10/14/2022. Account must be opened online at www.bankofthewest.com/checkingbonus or in a branch. Qualifying checking accounts are consumer checking accounts, excluding UCB Student Checking and Bank of the West Premier Checking accounts.
• Customer must make qualifying direct deposits of $1,000 or more, monthly for three consecutive calendar months within the corresponding qualification period, detailed below. All direct deposits must go to the new checking account. One or more separate direct deposits in a single calendar month that add up to $1,000 qualify. Fulfillment of the offer requirements is based on calendar months which may not coincide with statement cycles. For example, for accounts opened in July, three months of sequential direct deposits made in July, August and September; August, September and October; September, October and November; or October, November and December would each qualify.
• A qualifying direct deposit must be payroll, Social Security, pension or other government benefits. Non-qualifying direct deposits include transfers from Bank of the West or Bank of the West affiliate accounts, credits from Bank of the West, ACH bank-to-bank transfers, person-to-person transfers using a mobile payments service such as Zelle®, or deposits made at a branch or ATM. Qualifying direct deposits must be funds new to the Bank.

Bank of the West $25 Referral Bonus 

Bank of the West is offering a $25 referral bonus when you refer someone to open a qualifying account and complete certain requirements.

• What you’ll get: $25 Bonus
• Eligible account: Deposit Checking Account
• Availability: AZ, CA, CO, ID, IA, KS, MN, MO, NE, NV, NM, ND, OK, OR, SD, UT, WA, WI, WY
• Credit Inquiry: Soft Pull
• Direct Deposit Required: No
• Monthly Fee: $0-$25; waivable
• How to earn it:
  • Enter your information to receive your promo code
  • Share the promo code and link with your friends
  • Get $25 when your friend opens a qualifying checking account

(Offer expires 12/31/2022)

Fine Print

• Bank of the West employees are not eligible to participate in this program either as a referring customer or as a receiver of a referral from another Bank of the West customer.
• To the extent required by law, Bank will report total value of the offer to the IRS on Form 1099. All accounts are subject to the Bank’s standard terms and conditions and Schedule of Fees and Charges.
• Bank of the West reserves the right to change or discontinue the Refer-a-Friend program at any time without prior notification.
• Earn up to $1,000 a year for referring your friends and family members. Start referring today!
• Eligible checking accounts must be opened by 12/31/2022.

Bank Of The West $150 Business Checking Bonus (Expired)

• What you’ll get: Up to $150
• Availability: AZ, CA, CO, ID, IA, KS, MN, MO, NE, NV, NM, ND, OK, OR, SD, UT, WA, WI, WY
• Credit Inquiry: Soft Pull
• Direct Deposit Required: No
• Monthly Fee: $10-$40; waivable
• How to earn it:
  • Open Any Deposit Checking for Business account and earn a $25 bonus each month you make any deposit for up to six months.

Fine Print

• $100 minimum opening deposit required between September 1, 2020 and September ?30, 2020 and make any deposit within the same calendar month in which the account was opened.
• $25 bonus will be credited to the account by the end of the month immediately following the calendar month in which the account was opened.
• If customer does not make the first deposit in the same calendar month in which the account was opened, the customer will not be eligible for the initial $25 bonus or any of the additional $25 bonuses.
• Requirements to receive up to five (5) additional $25 bonuses: Make any qualifying deposit into the Any Deposit Checking for Business account in each of the five (5) consecutive calendar months immediately following the month of account opening.
• For each of the five (5) consecutive months that a deposit is made, a $25 bonus will be credited to the account by the end of the month immediately following the calendar month that the deposit was made.
• NOTE: Bonuses earned from qualifying deposits made in November will be paid out in January.
• If a deposit is not made in any one of the subsequent five (5) calendar months following the month in which the account was opened, the customer will not be eligible for the $25 for the month that the deposit was missed AND they will not be eligible for any additional $25 monthly bonuses after that missed month.
• Bonus Limitations: Offer not available to existing Bank of the West customers with an open business checking account as of August 31, 2020.
• If the customer received or may receive any other business checking bonus from Bank of the West between September 28, 2018 and September 30, 2020, then the customer is not eligible for this bonus offer.
• Limit one (1) business checking bonus per customer.
• Account must be in open status with a balance greater than $0 at the end of each calendar month of the six-month period to qualify for any bonuses.
• Offer dates, terms, and conditions subject to change without notice. Bank will classify bonus as interest paid to the checking account.
• Any applicable taxes associated with this offer are the responsibility of the account holder.
• To the extent required by law, Bank will report value of each monthly bonus to the IRS on form 1099 for the applicable year in which the bonus was paid.
• All accounts are subject to Bank’s standard terms and conditions and Schedule of Fees and Charges. Maximum of six (6) $25 bonuses for a maximum total bonus of $150.
• Qualifying deposit for receiving bonus may be for any amount and includes direct deposit, mobile deposit, ATM deposit, or in-branch deposit (but does not include fund transfers between Bank of the West accounts or any credit from Bank of the West).

Bank of the West $600 Checking Savings Bonus (Expired) 

Bank of the West is offering you a chance to earn up to $600 bonus when you open the qualifying accounts and complete certain requirements.

• What you’ll get: $600 Bonus
• Eligible account: Deposit Checking Account
• Availability: AZ, CA, CO, ID, IA, KS, MN, MO, NE, NV, NM, ND, OK, OR, SD, UT, WA, WI, WY
• Credit Inquiry: Soft Pull
• Direct Deposit Required: No
• Monthly Fee: $0-$25; waivable
• How to earn it:
  • Earn a $500 Bonus:
    • Open a Premier Checking account by 8/06/21.
    • Deposit at least $25,000 the same month.
    • Maintain a $25,000 average monthly balance for three full calendar months.
  • Earn a $100 Bonus:
    • Open a Choice Money Market Savings account with a new Premier Checking account by 8/06/21.
    • Deposit at least $10,000 the same month.
    • Maintain a $10,000 average monthly balance for three full calendar months.

(Expires 08/06/2021)

Fine Print

• Offer end date and availability subject to approval and change without prior notice.
• All accounts are subject to the Bank’s standard terms and conditions and Schedule of Fees and Charges.
• Offer is not available to existing Bank customers with an open consumer deposit account as of 05/31/21.
• Offer available only to one individual residing at this address that received the mail piece with this checking offer.
• Applications submitted through other pages on our website will not qualify for this offer.
• Bank of the West Premier Checking and Choice Money Market Savings balance requirements must be strictly adhered to in order to receive the bonus.

How To Waive Monthly Fees

• Any Deposit Checking: None
• Performance Money Market: None
• Any Deposit Checking: $10 monthly fee waived with one deposit of any amount ($0.01 or more) each statement cycle or if any account owner is under 25 years of age.
• 1% for the Planet Checking: $10 monthly fee waived with one deposit of any amount ($0.01 or more) each statement cycle or if any account owner is under 25 years of age.
• Premier Checking: $25 monthly service charge waived with minimum combined average balance of at least $25,000 in Eligible Accounts.
• Classic Savings: $5 monthly fee waived with any of the following:
  • Maintain an average monthly balance of $300 ($50 in Minnesota)
  • Use Auto-Save to set up recurring monthly transfers of $25 or more from any Bank of the West personal checking account to your Classic Savings account
  • If the primary account holder is 18 years old or younger
• Choice Money Market: $15 monthly fee waived with any of the following:
  • Maintain an average monthly balance of $5,000
  • Use Auto-Save to set up a recurring monthly transfer of $75 or more from any Bank of the West personal checking account to your Choice Money Market Savings account
  • Maintain a Bank of the West Premier Checking Account. Refer to the Bank of the West Premier Program disclosure for details.
• Any Deposit Checking for Business: $10 monthly service charge will be waived when you make any deposit each month.
• Classic Business Checking: $25 monthly service charge will be waived with any of the following:
  • Maintain a minimum daily balance of at least $5,000
  • Maintain an average monthly combined balance of $15,000 in linked Business Money Market, Savings, or CD accounts
  • Have a Bank of the West Merchant Services account8 linked to your Classic Business Checking account
  • Have a Bank of the West Business Credit Card account with the same primary owner as your Classic Business Checking account
• Choice Business Checking: $40 monthly service charge will be waived with any of the following:
  • Maintain a minimum daily balance of at least $25,000
  • Maintain an average monthly combined balance of $50,000 in linked Business Money Market, Savings, or CD accounts
• Classic Business Savings: $5 monthly service charge waived with any of the following:
  • Set up Auto-Save with an automatic recurring monthly transfer of $100 or more from any Bank of the West business checking account
  • Maintain an average monthly balance of $500 or more
• Business Money Market Advantage: $10 monthly service charge will be waived when you maintain a minimum daily balance of $1,000.
• Business Money Market Advantage: $15 monthly service charge will be waived when you maintain an average monthly balance of $10,000 or more.

Conclusion

Bank of the West is currently offering a wide variety of promotions as well as great account features to help you in any situation. Their checking promotions are definitely fantastic offers. I would definitely recommend taking a look if you are in need of a business checking account.

Feel free to comment on this post with any questions you may have about Bank of the West, their accounts they offer, or any experiences you have had!

Bank of the West rates aren’t that great, so check our best rates Savings, Money Market, and CD accounts.

• Best Savings/Money Market rates
• Best CD Account rates

If this promotion is not for you, use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Bank of America, Citibank, Wells Fargo, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, and many more.

Check back often for more Bank of the West Bonuses, Promotions, or Offers!