SIGN UP TO RECEIVE THE LATEST POSTS VIA EMAIL!Free $25 From ING Electric Orange Checking
August 17, 2008
ING is offering a $25 bonus on their Electric Orange Checking Account.
All you need to do is open an Electric Orange Checking Account with at least $1, activate your Electric Orange Debit Card, and use your Electric Orange Card to make at least 3 signature-based purchases in the first 45 days after your account has been opened.
Your $25 bonus will be automatically deposited into your Electric Orange 50 days after your account has been opened when the 3 purchases have posted.
ING’s Electric Orange Checking account offers higher than average interest rates on your balances. One thing to note is that ING’s Electric Orange Checking account does not have paper checks, the idea is that everything should be done electronically through debit card transactions and electronic bill pay. You can have paper checks sent from ING to people you need to pay, but you don’t actually receive a checkbook.
If you can get by without a paper checkbook, then this account should suit you fine.
If you would like a $25 bonus for ING’s Orange Savings account, check out this post.
Free $100 From Discover Business Card
August 17, 2008
Discover Business Card has launched a new bonus promotion. Get a $100 Cashback Bonus when you apply now for the Discover Business Credit Card. To qualify, sign up for the credit card account through this LINK. Your account will be credited after you make $1000 in purchases within 3 months after your account is opened.
Some other benefits of this card are:
- 0% APR on Purchases for 1 year.
- 5% cash back on office supplies, 2% cash back on gas purchases, and 1% cash back on everything else.
- Fee-free Purchase checks that earn Cashback Bonus to pay merchants who don’t accept credit cards.
Just use this to pay for all your bills for the first 3 months to qualify and add another $100 to your free money collection!
Free $125 When Opening Chase Free Checking Account
August 12, 2008
If you open a Chase Free Checking account by October 15th, you can receive a $125 bonus.
The only catch is that you currently have to have an existing Chase account, be it a mortgage, credit card, etc.
To qualify for the bonus, goto Chase.com, log in with your userid and password. Once you have successfully logged in, cut and paste the URL below into that same window and hit enter.
http://www.chase.com/ccp/index.jsp?pg_name=ccpmapp/shared/marketing/page/75158_Checking_Offer&ID=0000008415
You should then be sent to the promotion page for the offer. You can either print it out to open an account in a branch, or complete the application online from the link on the offer page.
You must open the account with a minimum of $100 and set up direct deposit to the account. The first direct deposit must be completed within 60 calendar days of account opening. The $125 reward will be deposited into your new account within 6-8 weeks after the initial direct deposit is completed.
Chase Free Checking has no monthly service fee when you have a direct deposit or five or more debit card purchases post to your account each statement period.
This isn’t a bad deal if you are looking for a free checking account and some cold hard cash to go along with it!
HSBC Extends Rate For Online Savings Account
July 30, 2008
HSBC is extending the interest rate of their Online Savings account until September 15th. The current rate 3.5% was supposed to expire in August, but from the lack of interest rate cutting by the Fed’s recently, HSBC has decided to keep the rate for another month. Hopefully we will see a trend in rising savings account rates again.
This account has one of the highest interest rates out there for a $1 minimum balance savings account. HSBC’s Online Savings account is free to open and requires only $1 for a minimum balance. There are no fees with this account. There is also an ACH transfer system that allows you to move money to and from your current checking account for free.
I currently have this account and having my emergency fund in it. Since I want my emergency fund in cash for easy access to it if I need it, I want it earning the highest rate possible, and currently this is it.
Free $50 from Chase Freedom Visa Card
July 28, 2008
EDIT: This deal is expires on October 24th
Chase is offering a $50 sign up bonus for their Freedom Visa Card after your first purchase.
This card is flexible in the fact that you can switch between cash back and miles whenever you want. So if you are currently getting cash back, but then decided you want to use miles for a vacation, you can switch over to miles, use them for your trip, then switch back to cash back. Also, there is no annual fee with this card.
Here is the earnings breakdown:
- Earn 3% back at gas stations, grocery stores and quick service restaurants
- Earn 1% back everywhere else
Don’t forget that most grocery stores offer gift cards. So you can earn 3% on more than just gas stations, grocery stores and quick service restaurants. For example, the Dominick’s grocery store by me sells Home Depot gift cards, among may others. If I were to use the Chase Freedom Visa at Home Depot I would only receive the 1% back, but if I buy a $100 Home Depot Gift card from the grocery store, I would receive the 3% back. This is another little way to maximize your earnings with this card. Happy Shopping!!
What you need to do: Sign up for the Chase Freedom Visa Card
Obligation: None
Initial Reward (if any): $50 after first purchase
Money to get started: $0
Things to Note: There will be hard credit inquiry applied to your credit report when applying for the card
High Yield Checking Account Website
July 21, 2008
In the past I have written about High Yield Checking Accounts. They are checking accounts that offer a high interest rate if you do certain things in a months time.
Most of the high yeild checking accounts I have seen offer between 4%-7% APY on money in the account if you perform 10 debit card transactions, set up direct desposit and recevie statements electronically each month. The thought behind the high interest rate is that it is cheaper for the bank if you use your debit card rather then processing checks.
These checking accounts are popping up all over the country. I just discovered this site that trys to list them all. The site is called High Yield Checking Deals. Be sure to check it out if your checking account is earning little to no interest.
I have had my high yield checking account for almost a year now and have made over $1500 in interest. Had I kept my Chase Checking account, that number would have been a big fat zero!
