$50 Account Opening Bonus at a California Bank

Union Bank of California is offering $50 for opening an account. This is not advertised at the bank's website, but was reported on this SlickDeals thread. Below is what was posted:

Open an account at the Union Bank of California and get $50 credit with 10 days of opening account.

Easy $50!

* Minimum opening balance is $100.00
* If account is closed before 90 days charges may be applied.
* After six months, a $8 monthly fee will apply unless minimum average balance is above $1,000.


California Residents Only.

Go to a branch, or call 1-800-796-5656.
Promotion code: 00409

The $100 minimum and the $8 monthly fee for balances under $1K looks like the Regular Checking account. For this account, the fee can also be waived for direct deposit.