$100 Bank of America Yankees Account Cash Bonus

Bank of America is offering a $100 Cash Bonus to new clients that open its Yankees Account with at least $250 by May 15, 2010. Check offer details below for more information: ( Source: Bank of America)

In order to qualify for the bonus you have to open an account with at least $250, use offer code MLBEM100 and make a debit purchase within 30 days of opening the account. For more information check the promo page of Bank of America from this link.

The tip for uncovering this deal goes to Hustler Money Blog. Check his post for more details:Bank of America Yankees Account $100 Bonus with Offer Code MLBEM100

Suntrust Bank $150 Checking Bonus

Suntrust is offering new clients $150 Incentive to open a checking account. Check offer details below for more information: (Source: Suntrust)

Offer Details:

$150 Incentive for "New Clients":
Client receives $50 when they open a new SunTrust personal checking account from February 1, 2010 through April 30, 2010,
enroll their new SunTrust personal checking account in the promotion via suntrust.com/solid,
and make three bill payments through SunTrust Online Banking with Bill Pay within the next two calendar months out of the new personal checking account enrolled in the promotion.

To receive the additional $100, the client must qualify for the $50 offer and must continue to make at least three payments each month for the next consecutive three months through SunTrust Online Banking with Bill Pay out of the same personal checking account enrolled in the promotion.

When SunTrust determines that the client met all the terms of each section, SunTrust will direct deposit the appropriate amount into the primary SunTrust personal checking account enrolled in the promotion through suntrust.com/solid up to 10 weeks after the last bill payment was processed.

Client bill payment status must show "Processed" to be eligible. The SunTrust personal checking account must be open and in good standing at the time the direct deposit is paid. Offer cannot be combined with any other offer. Offer valid for U.S. residents. Client must be 18 years or older to participate. SunTrust may report to the IRS the value of the incentive and any applicable taxes are the responsibility of the recipient.

For more information on this account bonus, check out Suntrust promo page from this link.

Ally Bank Certificate of Deposit Closing Process

I recently was able to close a long-term Certificate of Deposit which I had opened a few years ago with Ally Bank. Back then its name was still GMAC Bank.

I closed two of my certificates of deposit which took me approximately ten minutes to do - from calling them to instructing the CSR what to do with the money to hanging up the phone.

You cannot close a CD through secure e-mail anymore or through the chat version. I find this very annoying, since I do not like having to speak to someone anytime I want to do something with my money. The CSR was trying to pre-sell me their products, and asked me why I wanted to cash one of the certificates of deposit.

It definitely shows you that Ally is trying to make it harder psychologically for you to cash the CD. In contrast, with ING Direct it was much easier to designate everything online whether you want to renew your CD or cash it out. Of course Ally has better rates plus it is also offering a 0.25% bonus rate for customer loyalty.

In contrast, opening a CD with Ally Bank can be done online. Why won't they let customers cash their CD online as well is well illustrated from my experience mentioned above.

$100 BB&T Bank Checking Bonus

BB&T Bank is offering a $100 Cash Bonus to new account holders that open a new personal checking account with the bank by April 30, 2010. Check offer below for more details: ( Source: BB&T)

Offer Details:

The promo code for this offer is: AFJAP. In order to receive the $100 incentive, new clients must do at least one of the following:

1) Use BB&T online bill payment service to initiate 3 online bill payments (minimum payment of $10) from your new checking account within 60 days of account opening,

OR

2) Enroll in and receive 2 recurring direct deposits (minimum of $10) to the new personal checking account within 90 days of account opening.

Any accounts not in good standing, closed, and/or with a balance less than or equal to zero at the time we review account eligibility will not receive the $100 incentive. Normal minimum balance opening requirements apply. The $100 account opening incentive will be deposited directly to your account within 4 weeks of meeting the above requirements, and will be reported to the IRS as required by law.

For more information on this bank bonus deal, check BB&T Bank promo page from this link.

$50 Cash Bonus from ING Direct

ING Direct has another $50 Cash Bonus for new clients which open a new account with them. Check offer below for more details: ( Source: ING Direct)

Offer Details:

-Click on 'Apply Now.' Be sure to enter your reference code during the account opening process. The promotional code for this offer is EM443.
-Activate your Electric Orange Debit MasterCard® and use it to make at least 3 signature-based purchases within 45 days of account opening.
-Your $50 bonus will automatically be deposited into your account on day 50.

The bank promo page can be accessed through this link.

$100 Checking Bonus at Chase

Chase continues its strategy of offering cash bonuses to new clients that open a checking account by May 28, 2010. Check below for offer details: ( Source: Chase)

Offer Details:

1. In order to be eligible for this offer you have to open a new Chase CheckingSM account with a $100 minimum deposit of new money by May 28, 2010.

2. In addition to that within 60 calendar days of account opening, Chase must receive from your employer or the government a monthly electronic direct deposit of your payroll, pension or government benefits, such as Social Security, or you must have at least five debit card purchases posted to your account.

3. Checking account must remain open for a minimum of six months or the bonus will be debited from the account at closing.

4. Furthermore this offer is applicable to new Chase clients only. In addition to that Chase CheckingSM 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.

For more information on thsi bank bonus deal, check out Chase's bank promo page from this link.

This article appeared on Carnival of Personal Finance #253 (Demotivational Version)