PerkStreet Promo – $50 with New Checking Account

UPDATE 2/18/10 – This promotion is no longer available. You can check out PerkStreet Financial’s current promotions here!

PerkStreet Financial is having a promotion where you can get a $50 bonus when opening a new online checking account. To qualify for the $50 checking account promo you need to do the following:

• Open a new online checking account with a minimum of $25
• Open the account by 2/28/2010
• Keep the account active for 3 straight months
• Initial funding can be done with a credit card (this is treated as a purchase and not a cash advance)

If the above criteria are met you will receive $50 in your account within 15 business days of the end of the third month.

The PerkStreet Financial free online checking account is being promoted as a rewards account. You earn a reward of 1% cash back on purchases when using your debit card that is tied to the account. The 1% is based on non-pin debit card transactions. The 1% cash back is a great deal since most checking account offer rewards that equate to far lower than a 1% return.

There is no minimum balance required, however to avoid an inactivity fee of $4.50 you must have activity in the account each month from either a debit card transaction, check, deposit or withdrawal. The account comes with a free book of checks, free debit card and free online banking and bill pay.

PerkStreet Financial is also a member of the STARsf Surcharge Free ATM network which offers of 37,000 free ATMs nationwide.Perkstreet Financial’s banking services are provided by The Bancorp Bank which is FDIC insured. The Bancorp Bank has a been a FDIC member since 2000.

If you are looking to move toward an online checking account this one may be the way to go. With the high rewards, nationwide free ATM access though the STARsf network, no fees and a $50 bonus, there are not many other online checking accounts that beat this deal.

Check out the PerkStreet Financial promo page for more details.

You can also check out more checking account promotions here.

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NOTE: For posts that contain bonuses, be sure to read the post for bonus expiration dates. Links may work but the bonus may have expired.

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