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Earn up to $300 in Comerica's Checking Account Promotion


Comerica Bank

Comerica Bank is offering a new checking account promotion that's scheduled to last until June 30, 2010. You can earn up to $300, but $75 of the $300 requires that you open one of their premium checking accounts which have monthly fees that are hard to avoid. You can qualify for the other $225 in bonuses by opening their Access Checking account. This also has potential monthly fees, but it's much easier to avoid than the other checking accounts.

You can open the account at a branch or by phone. I just spoke with a CSR, and I was told that people in any state can qualify for this promo. If you don't live near a branch, they'll mail you the account opening kit. The CSR wasn't sure if they do a hard credit inquiry. She could only confirm that they do use ChexSystem. Last year I was told by a CSR that their credit inquiry is soft and not a hard pull.

Here's a summary of what needs to be done to earn the $225:

  • Open a qualifying Comerica checking account by 6/30/2010
  • Add one of the three qualifying services ($75 for each)
  • Register online for the program by 6/30/2010

Qualifying services include:

  • $75 for signing up and paying an average of five or more bills each month for six consecutive months
  • $75 for signing up and using your Comerica Check Card an average of five or more times each month for six consecutive months
  • $75 for establishing a recurring direct deposit of $150 or more per statement cycle on or before 8/31/2010

You can qualify for an additional $75 if you open either a Premier or Comerica Platinum Circle Checking account by June 30th AND deposit at least $2,500 by August 31, 2010. These are the checking accounts that have monthly fees that are difficult to avoid.

According to the CSR, you can qualify for the three $75 bonuses with their basic Access Checking Account. However, it still has potential monthly fees. Fees can be waived if you maintain a $800 minimum balance, have direct deposit, own a house or are a full time college student. There's also a quarterly inactivity fee that you have to watch out for.

Comerica is a large bank with most of its branches in Michigan, California and Texas. There are only a few branches in Arizona and Florida. Comerica is a member FDIC (FDIC Certificate # 983).

To find other bonus deals, please refer to my bank bonus page which has all of my recent bank bonus posts.

Thanks to the reader who emailed me news of this new promotion.

  Tags: California, Comerica Bank, Michigan, Arizona, Texas, Florida

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Comment #1 by Anonymous posted on
I just spoke with a CSR, who said that in order to take advantage of any of the $75 bonuses that pertain to the Access Checking account, YOU MUST ALSO open one of the Premier accounts.  Any one able to open the Access account only? 

Comment #2 by Anonymous posted on
Persistence is a virtue! Reading the details of the bonus promotion again seemed to make it clear that the Premier account was associated with a separate $75 bonus from the bonuses associated with the Access checking account. So I called back and worked my way up to a supervisor who verified that the Access checking account CAN be opened by itself along with the possibility of earning the three $75 bonuses associated with that account.

Comment #3 by KenBDG posted on
Thanks for checking on this. I also re-checked by sending an email, and I did get a confirmation that one could qualify for the $225 of bonuses by opening just the Access Checking account.

Comment #4 by Anonymous posted on
Actually you can open an account online using the link . I'm a resident in CA and I don't know if the online application works for the people in other states.

Comment #5 by Reader (anonymous) posted on
You mentioned above that 'Fees can be waived if you maintain a $800 minimum balance.' But their Access Checking account page states '$500.00 minimum ledger balance each day in checking.' Where did $800 minimum balance come from?

Comment #6 by Anonymous posted on
You can also have maintenance fees waived if you are a homeowner. When I questioned the CSR during phone application about how to substantiate this, I was told to include a copy of property tax statement along with signature card and other ID documentation requirements, which you receive in a mailing after applying for account.  Signature card, documentation and funding check are to be returned in postage paid envelope.

Comment #7 by Poornachandran (anonymous) posted on

You mentioned as "You can earn up to $300, but $75 of the $300 requires that you open one of their premium checking accounts which have monthly fees that are hard to avoid".

But below is the requirement to avoid monthly fee for their "Premium checking account".

$5,000.00 minimum ledger balance each day in checking or $20,000.00 or more in checking and/or up to three other related Comerica accounts (Statement Savings, MMIA, HY MMIA, CDs or IRAs or revolving home equity balances) in order to have fees waived

This I found from the below url.

Hence we can get upto $300 in this promotion. Only if you choose Comerica Platinum Circle account, then it has min bal of 50K but you can choose "Premium Checking account" instead.


Comment #8 by ethger posted on
My brother opened an account and began fulfilling the requirements for a bonus from Comerica; the bank closed the account unexpectedly and without explanation, sending a check for his balance via overnight mail. He has an excellent credit rating, but he does pursue bonuses. Is there a way banks can find that out?

Comment #9 by taxguyscott (anonymous) posted on
I am a California resident and I opened a Comerica checking account in mid-May at a California branch.  Two days later I opened three other online checking accounts at other institutions (I was bonus chasing).  Six days after I opened the Comerica account the branch's manager called me and said the bank's fraud unit in Michigan had detected my opening of the other accounts and they wanted to close my Comerica account.  We went round and round for a couple of weeks-but in the end they insisted on closing my account and not allowing me to earn the $225 in bonuses.  

Comment #10 by AtlantaWolf posted on
Requirements appear to be changing to avoid the monthly fee. In my statement last month:

Effective 1/1/2011, the following fee changes will apply to Comerica’s Access Checking Account: The minimum balance to waive your monthly maintenance fee will increase to $750 The monthly maintenance fee will decrease to $5/month The Homeowner option to waive your monthly maintenance fee will no longer be available Except as stated above, there are no other changes to your account terms. If you have any questions, please call us at the phone number listed on your statement or visit your local banking center after 11/1/2010.

Comment #11 by AtlantaWolf posted on
Bonus posted 2/4/2011 as promised. :-)