$200 Chase Business Checking Bonus

Open a qualifying Chase Business Checking account by 7/31/09 with a minimum deposit of $500 (within 30 days of account opening) and you will receive $200. Check link below for more information ( source Chase Promo Page)

-Print this page and bring to your local Chase branch, apply online or call us at 1-800-CHASE24 (1-800-242-7324) by 7/31/09.
-Open a qualifying Chase Business Checking account by 7/31/09 with a minimum deposit of $500 (within 30 days of account opening) and you will receive a $200 thank you.*
-Watch your account. We'll deposit $200 into your new Chase Business Checking account within 10 business days of confirming the $500 deposit requirement.

- Coupon Code: 3446976000545844

Below is a printscreen of the bonus offer. Simply click on the image if you choose to print it out and open the account in person:

Here's the instructions to the banker, who would assist you in opening the checking account ( the promo page was too long, so it cut off the end of the instructions, presented below separately)

Check the Chase Promo Page for more details and to open the account.

WTD Direct Savings Bonuses Expiring Soon

WTD Direct has two of its savings account bonus deals expiring on July 31, 2009. One is worth $150, while the other is for $75. Check below for more details:

- $150 WTD Direct Savings Bonus
- WTD Direct $75 Savings Bonus

ING Direct $50 Checking Bonus

ING Direct has a $50 Cash Bonus for opening their Electric Checking Account by July 31, 2009. Check the link below for more details: (source ING Direct Promo Page)

-In order to be eligible for the $50 ING Direct Checking Bank Bonus, use your Electric Orange Card to make at least 3 signature-based purchases in the first 45 days after your account has been opened.

$100 Chase Checking Offer Extended

Reader I'm So Pretty gave me a heads up that the deadline for the $100 Chase Checking Offer has been extended once again to August 10, 2009. Check below for offer details:

- Open a Chase CheckingSM account, set up direct deposit or make five debit card purchases and get a $100 cash bonus.
- There's no monthly service charge fee

It's always good to read the fine print ( source: Chase Offer Site)

" Bonus/Account Information – To qualify for the cash bonus you must open a new Chase CheckingSM account with a $100 minimum opening deposit of new money (money not currently held by Chase or its affiliates). Also, within 60 calendar days of account opening, you must initiate a monthly direct deposit such as payroll, pension or Social Security, or have at least five debit card purchases (using your PIN or signature) posted to your account. The cash bonus will be deposited into your new account within 10 business days after the initial direct deposit or five debit card purchases have posted to your account. Limit one personal checking account-related cash bonus/premium per customer, per calendar year. Offer not available on account conversions or in combination with any other offer. Cash bonus is not considered part of the minimum opening balance. Checking account must remain open for a minimum of six months or the cash bonus will be debited from the account at closing. Account is subject to approval. Cash bonus is considered interest and will be reported on IRS Form 1099-INT. Chase CheckingSM is available only at Chase branded branches, excluding branches in California, and Chase.com. "

Check the bank promo page for more details.

$100 Chase Checking Bonus Offer Expiring Soon

The July 24, 2009 deadline for opening a Chase checking account and getting a $100 Chase Checking bonus is approaching quickly. Check below for more details on how to participate in this offer:

$100 Bank Bonus from Chase Checking

$50 Amboy Direct Savings Bonus

Amboy Direct is running a nationwide promotion for opening their Esavings Direct account. You could get a $50 bonus for opening an account with Amboy Direct.

Offer Details:

- For $50 bonus, need minimum monthly avg. balance of $3000 or more for 90 days. $50 will be credited next statement cycle.
- You need to deposit $100 to open,
- The offer is not available at Amboy branches.
- Use Reference Code 41910 to open.

In addition to that there are no monthly balance minimums or service fees for this account. There's also the ability to make (3) free Bank-to-Bank withdrawals and unlimited deposits in any calendar month.

For more details, check out the bank promo page from this link.

$150 WTD Direct Savings Bonus

WTD Direct is running a nationwide savings account promotion that could earn qualifies savers up to $150 in cash. You could find the details for this savings account deal below:

1. Apply online to open a WTDirect Savings Account
2. Deposit a minimum of $10,000 by july 31
3. Keep funds on deposit at least until October 31
4. Earn a cash bonus of up to $150 based on the schedule below

Savings Bonus Schedule

-$150 bonus for $50,000 balance
-$100 bonus for $40,000 balance
-$75 bonus for $30,000 balance
-$50 bonus for $20,000 balance
-$25 bonus for $10,000 balance

For more information on this bank bonus deal, check WTDirect's promo page.

Are Bank Bonuses an ethical way to make money?

A reader of Mymoneyblog asked whether opening accounts simply to collect the cash bonus is ethical or not. Here's my take on the subject.

I don't see a problem with opening accounts for the bank bonuses. It probably costs financial institutions at least $25 in advertising to get a customer signing up for their services, so why not use free word of mouth advertising and actually spend the $25 by giving to the customer?
There is got to be at least a percentage of the bank bonus customers who end up using their accounts, and thus the financial institution ends up making money in the long term.

In addition to that most companies that offer cash bonuses for opening accounts with them make their rules difficult to follow, so that not every customer gets the bank bonus. Others have different rules that require customers going through several steps, which at the end exposes them to the product. This is similar to test driving a new car at the auto dealership.

I for example opened an E-Trade savings account back in 2008 with one dollar, and got a cool $25 dollar bonus on it. I did however move some of my savings over at E-Trade, and I am still a customer there. I even opened a ROTH IRA with them eventually. I can tell you that the $25 E-Trade gave me for opening a savings account was a win win for both parties.

$50 ING Direct Checking Bank Bonus

ING Direct has another checking bonus deal, worth $50, which expires on July 31, 2009. Check below for offer details:


-New reference code is EM295
-Open your Electric Orange using this link
-Activate your Electric Orange MasterCard® Debit Card
-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 $50 bonus will be automatically deposited into your Electric Orange 50 days after your account has been opened

For more information on this checking deal, check ING Directs promo page.

$100 Checking Bonus at Bank of America

Bank of America is having a limited time promotion, where qualified customers could get up to $100 when they open a checking account with bill pay. Check offer details below:

- Get $75 when you open a new qualifying personal or business checking account with a $250 deposit and make a purchase with your debit card.
- Get an additional $25 when you make 2 online bill payments within 30 days. Business checking customers can pay 2 bills with our Small Business Online Banking Bill Pay service or use the Online Business Suite® Direct Payments service
- This is a special limited time offer available to new customers who open an eligible new personal or business checking account online or in one of our banking centers.
- Enter offer code WIWGASINT for personal account or SBECASH for business account.

For more information on this Bank of America bank bonus deal, check the bank promo page.

$25 ING Direct Savings Account Bank Bonus

ING Direct is offering a $25 Bank Bonus for new customers who open a savings account with them by August 3, 2009. Check offer details below:

-The $25 bonus is available only for new accounts with a new Customer as primary owner.
-Only one bonus will be provided per household.
-Bonus starts earning interest upon account opening, but is unavailable for withdrawal for 30 days.
-The reference code is VE222
-Withdrawing money, regardless of when it was deposited, cannot be done for the first 10 business days after the account is opened. All future deposits are subject to a 5 business day hold before they can be withdrawn.

For more information on this savings deal, check the bank promo page.

$100 Bank Bonus from Chase Checking

Chase has extended the deadline for opening a checking account and getting a $100 Chase Checking bonus by July 24, 2009. Check below for more details:

- Open a Chase CheckingSM account, set up direct deposit or make five debit card purchases and get a $100 cash bonus.
- You'll need a minimum opening deposit of $100. You'll get your $100 cash bonus, plus all the benefits of Chase CheckingSM
- To qualify for the cash bonus you must open a new Chase CheckingSM account with a $100 minimum opening deposit of new money
- Also, within 60 calendar days of account opening, you must initiate a monthly direct deposit such as payroll, pension or Social Security, or have at least five debit card purchases (using your PIN or signature) posted to your account.
- Checking account must remain open for a minimum of six months or the cash bonus will be debited from the account at closing
- California residents, go to this page.

For more information on this bank bonus deal, check out this Chase Checking offer link.