With many financial institutions experiencing a decrease in profits, banks are vying for your business. This is good news for you, because instead of just offering standard perks like no fees, free checking, or a free pen when you sign up for an account, some banks are raising the stakes with cold hard cash, giveaways, and great interest-bearing products.
September is a good month for bank promotions from both big and small banks. Banks are giving away a lot of free cash to attract new customers and get them to open up accounts. The banks listed below have some pretty sweet deals that you should take advantage of if you are in the market for a new bank.
Don’t want to miss out? Here are the best bank promotions for the month of September.
Top Bank Account Promotions (September 2012)
1. ING Direct – $50 Bonus
ING Direct frequently runs many of the best bank perks in the market. ING Direct is giving away $50 to anyone who opens up an Electric Orange Checking account. Getting the $50 bonus requires you to make a total of 3 card purchases from your account. If you don’t want to do that then you can qualify by making three Person2Person Payments. You can do any combination of three purchases and payments if you wish. You will receive a $50 bonus automatically in your account on day 50.2. Citibank – $300 in Gift Cards or $100 Cash Back
You can get up to $300 in gift cards by opening any new Citi checking accountby the end of October, enrolling the account in Citi ThankYou Rewards, and completing one direct deposit and one qualifying bill payment for each of the first two months. After 90 days, Citi will deposit 30,000 ThankYou Points into your account, good for $300 in gift cards.
You can also earn a $100 cash back reward by opening a Citigold checking account. The offer runs through the end of this year, and all you need to do is fund the account with $1,000 within 45 days of opening, set up a direct deposit, and make one qualifying online bill payment for two consecutive months.
3. 3. Regions Bank – $125 Cash Back
Open a LifeGreen Checking Account at Regions Bank by the end of September and receive a $125 cash back bonus. Sign up online and make sure you mention or enter the promo code 125. Open it with at least $50, have at least $500 in direct deposits, and make ten or more check card transactions within the first 60 days and $125 will be deposited into your account within three months.
You have three checking account options to choose from: The basic LifeGreen account has a $10 monthly fee which can be avoided by a recurring direct deposit or a $1,500 average balance. The LifeGreen Secured account comes with a $12 monthly fee which can’t be waived, but does offer identity protection. The LifeGreen Preferred account has an $18 monthly fee which is waived with a $5,000 average balance, a mortgage with Regions, or $25,000 in all Regions accounts.
4. PNC Bank – $150 Bonus
To receive this cash bonus, you’ll need to sign up for PNC’s Virtual Wallet with an associated Performance Spend Account. You must make one direct deposit and one payment via online bill pay within the first sixty days of opening the account. There are certain fees involved, so make sure you investigate the setup before going forward. This offer ends on September 30, 2012.5. Valley National Bank – $150 Bonus
Valley National Bank is now offering a $150 bonus for opening any one of their customer-friendly checking accounts. You get free checking for one year, a free order of checks, and free online banking, eStatements, mobile and text banking, debit card, and banking by phone.
If you open a checking account with Valley National Bank, you get $75 when you sign up for mobile banking, and an additional $75 when you enroll in online bill pay or start a monthly direct deposit. You must do this within 60 days of opening the account, and the money will appear within 90 days.
6. BankDirect – AAdvantage Miles
Open a BankDirect Mileage Checking Account and earn American Airlines AAdvantage miles. You’ll receive 1,000 miles just for opening an account, 5,000 miles for initiating direct deposit, 2,000 miles for using BankDirect’s bill pay service for one year, and 1,000 miles for referring a friend. There are other ways to earn miles as well, and some restrictions apply. Be sure to investigate the offer thoroughly for full program details.7. Citizens Bank – $1,000 Bonus for College Savings
Citizens Bank is currently offering a $1,000 bonus for those who sign up for aCollegeSaver savings account, an easy, manageable savings plan that will help your meet your college savings needs. It is an interest bearing account, and if you open it before your child’s twelfth birthday and save the monthly minimum amount every year, you’ll receive a $1,000 bonus when your child turns 18. Opening an account earlier than when your child turns twelve will only increase the savings.8. U.S. Bank – $150 Cash Back
If you open a checking account with U.S. Bank by the end of this month and set up a recurring direct deposit of at least $1,000, you’ll get a $150 cash bonus put in your account within 6-8 weeks. You have two choices: Easy Checking and Silver Checking. Both come with an $8.95 monthly fee, but this can be reduced or even avoided by making your direct deposit at least $500 or by maintaining an average balance of $1,500. You can also avoid this fee on the Silver Checking by making an auto transfer of at least $25 to a U.S. Bank Money Market account. You’ll need to set this account up at a branch or by dialing 1-877-883-3635 and mentioning the promo code CK0930A.Final Word
When choosing a bank, it’s important to find one that suits your needs – whether that’s favorable interest-bearing accounts, no fees, or free checking. It’s also a big bonus when you can get great perks along with good banking. Be on the lookout for and take advantage of freebies like cash and giveaways, and your banking experience will be all the more pleasurable
No comments:
Post a Comment