Bank of the West is offering several money-saving deals right now, including one that puts cash back into your pocket. Basically, when you open a checking account with Bank of the West, as well as either a direct deposit of $250 or pay ten bills online, then the bank will give you $100. To qualify, your opening deposit funds can’t currently be on deposit with Bank of the West. The fine print on the bank’s website also states that if you go the ten online bills-paid route, that would have to be done within the first 60 days of opening the account.

Bank of the West has two accounts that qualify for the 100-buck bonus, Free Checking and Choice Interest Checking.

Separately, the bank is advertising a timely promotion in conjunction with tax software. Bank of the West’s online banking customers are eligible for up to 25% back on Turbo Tax, when you have your refund directly deposited into your Bank of the West checking account. (Because Turbo Tax has per-state pricing, your percentage of refund does depend upon where you live.)

Bank of the West also has an Online Savings account with a competitive yield, currently 1.20% APY as of February 16, 2010.