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BB&T Offers Another $100 Checking Account Bonus



BB&T is again offering a $100 bonus for opening a checking account and performing some additional activities. Just like most large banks, BB&T's checking accounts have potential monthly service fees. So if you open the checking account for the bonus, you have to make sure to avoid the fees.

To qualify for the $100 bonus, customers must open a BB&T checking account and set-up and receive 2 direct deposits of at least $100 OR make 3 online bill payments of at least $25. The offer is scheduled to end on 3/1/2013. Here's the link to the BB&T promotion page. Promotion code is AJCAP.

Below is the offer's small print. I've highlighted some of the important details:

Eligibility: This special limited time offer is available for personal checking accounts only that are opened between 11/05/2012 and 03/1/2013. Offer is subject to change or be withdrawn at any time without notice and cannot be combined with any other offer. Offer is limited to one incentive per household, and does not apply to second or multiple personal accounts. In order to receive the $100 incentive, clients must open a checking account and do at least one of the following. 1) Use BB&T online bill payment service to initiate 3 online bill payments (minimum payment of $25) from your new checking account within 90 days of account opening; OR 2) Enroll in and receive 2 direct deposits (minimum of $100 each) to the new personal checking account within 90 days of account opening. Any account not in good standing, closed, and/or with a balance less than or equal to zero at the time we review account eligibility (between 90-120 days of account opening) will not receive the $100 incentive. Normal minimum balance requirements apply. Some BB&T checking account options accrue interest. For example, an Elite Gold account earns 0.01% Annual Percentage Yield (APY) for balances $0 - $2,499, 0.01% APY on balances of $2500 - $24,999 and 0.01% APY on all balances $25,000 - $99,999,999,999 in North Carolina; rates are good as of 11/1/2012 and are subject to change.

The $100 account opening incentive will be deposited directly to your account within 120 days of account opening, and will be reported to the IRS as required by law.

As I mentioned above, BB&T has ended its free checking account in 2011. BB&T Bright Banking has a $10 monthly maintenance fee ($12 for IN/KY) unless you meet at least one of the following requirements:

  • Direct Deposit (One monthly ACH Direct Deposit of $100 or greater per statement cycle)
  • $1,500 ($2,000 in KY/IN) average checking balance per statement cycle
  • $6,000 ($7,500 in KY/IN) combined in deposit and retail outstanding loan balances
  • Any BB&T personal mortgage

Those 55 and over can qualify for BB&T Senior Checking which has a lower monthly fee and lower balance requirements to avoid the monthly fee.

Regarding a hard credit inquiry (that can temporarily ding your credit score), I was told that when you apply for an account, BB&T "may require a credit check and/or a ChexSystems report be pulled for account approval." I assume that credit check may be a hard pull.


I was told by the bank's CSR that a new customer must have an address in BB&T's footprint to open an account. BB&T branches are located in Florida, Georgia, Alabama, North Carolina, South Carolina, Tennessee, Texas, Kentucky, Indiana, Virginia, West Virginia, Maryland and Washington DC.

Closing a BB&T account

In my post from 2010, several readers reported that BB&T makes it difficult to close accounts. If you can't make it into a branch, you may be required to mail in a notarized letter requesting that the account to be closed. One reader commented that he wasn't required to mail a notarized letter, but instead he was required to mail a copy of his ID with the letter.

BB&T Bank Overview

BB&T is one of the nation's largest banks. It has $176 billion in assets and around 1,800 branches throughout the Mid-Atlantic, Southeast and Texas. BB&T added 346 branches and expanded into Texas in 2009 when BB&T acquired the failed Colonial Bank.

Other Bank Bonuses

We have a bank promotions page with a table of all of the active bank and credit union promotions. You can filter the table based on the type of promotion and based on your state. I have more details about how to use this page in this blog post.

You can view my latest bank bonus blog posts in this bank bonus page. I and readers often post on bonuses in the checking account deals forum.

  Tags: BB&T, checking account, Florida, Georgia, Alabama, North Carolina, South Carolina, Tennessee, Texas, Kentucky, Indiana, Virginia, West Virginia, Maryland

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Comment #1 by Anonymous posted on
stay away bank is not cust friendly go to chase reward is higher

Comment #2 by Anonymous posted on
Don't see your state?

We only offer online account opening for the states listed above. However, you may still be able to open an account through BB&T Phone24. For assistance, please contact us at 800-BANK-BBT (800-226-5228) and select option 4.

Comment #3 by Anonymous posted on
Not worth the headache of closing. Unless you plan to keep the account open/active, probqbly shouldn't bother.