Get a $50 bonus when you open an Easy Digital Checking Account

Promo valid from
September 23, 2022
to
December 30, 2022
Apply Now

About this promo

Don’t miss out on this $50 bonus! 

Use the BayaniPay web app to open an Easy Digital Checking Account¹ powered by East West Bank and complete your qualifying transactions. It’s that simple.

Complete these steps to earn your $50 bonus
After registering for a BayaniPay account  (or log into your account if you’re an existing user), click “Manage Wallet” on your BayaniPay home screen. 

  1. Choose ‘Open a Bank Account’
  2. Complete and submit the application form
  3. Once approved, complete 3 qualifying transactions² within 45 days of account approval. 
  • To qualify, you must first fund your Easy Digital Checking Account with a single deposit of $50 or more through ACH or wire transfer, check deposit or Zelle®3, and then complete 2 additional qualifying transactions by sending a BayaniPay remittance to the Philippines4 using your Easy Digital Checking Account, and/or using your Easy Digital Checking Account debit card to make a purchase5. Your bonus will appear in your account within 15 business days after completing the qualifying transactions.  

The Easy Digital Checking Account is FDIC insured up to $250,000 per depositor through East West Bank, Member FDIC.

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Promo terms, conditions, and disclosures

¹BayaniPay is a financial technology company, not a bank. BayaniPay offers banking products and services provided by East West Bank, Member FDIC. Subject to Bank approval.

²$50 bonus offer is limited to qualifying BayaniPay users who have applied for an Easy Digital Checking Account using the BayaniPay website or web application services and have completed the qualifying transactions. To receive the $50 bonus offer, 1.)  the account application must be submitted by 11:59 PM PT on December 30, 2022 and subsequently approved for account opening; and 2.) the approved customer must complete at least 3 qualifying transactions within 45 days of the account approval date. Qualifying transactions include the initial funding of your Easy Digital Checking Account with a single deposit of $50 or more through ACH or wire transfer, check deposit or Zelle®, and the completion of 2 additional qualifying transactions by sending a BayaniPay remittance to the Philippines using your Easy Digital Checking Account, and/or using your Easy Digital Checking Account debit card to make a purchase.  

The $50 bonus will be credited to the qualifying Easy Digital Checking Account within 15 business days after the completion and posting of 3 qualifying transactions, and will be reported as interest income.  Eligibility and qualification requirements will be determined solely by the records of BayaniPay and East West Bank.

3 A U.S. checking or savings account is required to use Zelle®. Transactions between enrolled consumers typically occur in minutes and generally do not incur transaction fees.

Zelle® and the Zelle® related marks are wholly owned by Early Warning Services, LLC and are used herein under license.

For service and account eligibility requirements, refer to the "Zelle® Terms of Service" section of East West Bank’s Online Banking Agreement.

4 BayaniPay is an authorized agent of BDO Remit (USA), Inc. with money transmitter licenses from California, Hawaii, New Jersey, US Virgin Islands, and Alaska. License #1627, License #012, License # L065184, and License # MT-03-13. Available to California, Hawaii, New Jersey, and Alaska residents for remittances to the Philippines. More states coming soon. Minimum remittance is $99. Maximum amount per daily transaction is $1,999.

5 A debit card will not be automatically issued for your Easy Digital Checking Account.  You may order a debit card after account approval on the BayaniPay web app by clicking ⓘ on the top right of the home screen and following the ordering instructions. A debit card purchase(s) is not considered qualifying until the purchase amount has been deducted from your Easy Digital Checking Account.  Merchant authorization requests do not qualify as purchase activity.

Message and data rates may apply. Check with your service provider for details.

The Easy Digital Checking Account is offered through BayaniPay and made available, at their sole discretion, to select customers through the BayaniPay website or web application services. Account applications are subject to verification and approval, and submission of an account application does not guarantee that East West Bank will open an account for you. Offer is limited to one $50 bonus per qualifying customer. BayaniPay users who have previously applied for or opened an Easy Digital Checking Account are excluded from this bonus offer. The value of the $50 bonus paid to the qualifying account will be reported to the IRS as interest income using Form 1099-INT. The $50 bonus will be forfeited if the Easy Digital Checking Account is closed by the customer or East West Bank prior to payment; or after payment if the account is, at the sole discretion of the Bank, closed due to post account opening reviews or risk assessments. Offer may be altered or discontinued at any time without notice. Subject to Bank approval.

The Easy Digital Checking Account has no minimum opening balance requirement, and no account opening fee.  Please refer to the Easy Digital Checking Account product disclosure and fee schedule for additional information on account terms, fees and qualification requirements.