My Personal Finance Journey

Personal finance observation, musing and decisions in a journey toward financial independence by 2020 with at least $3 million.


By Topics

Overall:
0. About (10)
1. My Progress (139)
2. Car & Home (107)
3. Credit (138)
4. Banking (33)
5. Saving (49)
6. Investing (308)
7. Taxes (89)
8. Spending (74)
9. Misc (97)
A. Archive (49)



MONTHLY ARCHIVE

Feb 2014 (3)
Jan 2014 (6)
Jan 2012 (1)
Apr 2011 (1)
Mar 2011 (1)
Feb 2011 (1)
Jan 2011 (1)
Dec 2010 (1)
Oct 2010 (1)
Sep 2010 (1)
Aug 2010 (1)
Jul 2010 (1)
Jun 2010 (1)
May 2010 (1)
Apr 2010 (1)
Mar 2010 (6)
Feb 2010 (2)
Jan 2010 (7)
Dec 2009 (3)
Feb 2009 (4)
Jan 2009 (8)
Dec 2008 (1)
Jun 2008 (2)
May 2008 (2)
Apr 2008 (5)
Feb 2008 (3)
Jan 2008 (15)
Dec 2007 (32)
Nov 2007 (6)
Oct 2007 (8)
Sep 2007 (9)
Aug 2007 (24)
Jul 2007 (2)
Jun 2007 (1)
May 2007 (3)
Apr 2007 (4)
Mar 2007 (4)
Feb 2007 (13)
Jan 2007 (6)
Dec 2006 (3)
Nov 2006 (7)
Oct 2006 (7)
Sep 2006 (6)
Aug 2006 (4)
Jul 2006 (10)
Jun 2006 (1)
May 2006 (3)
Apr 2006 (2)
Mar 2006 (6)
Feb 2006 (6)
Jan 2006 (3)
Dec 2005 (1)
Nov 2005 (9)
Oct 2005 (8)
Sep 2005 (13)
Aug 2005 (25)
Jul 2005 (16)
Jun 2005 (17)
May 2005 (19)
Apr 2005 (20)
Mar 2005 (24)
Feb 2005 (23)
Jan 2005 (36)
Dec 2004 (40)
Nov 2004 (34)
Oct 2004 (17)
Sep 2004 (21)
Aug 2004 (59)
Jul 2004 (37)
Jun 2004 (31)
May 2004 (29)
Apr 2004 (52)
Mar 2004 (49)
Feb 2004 (49)
Jan 2004 (31)
Dec 2003 (48)
Nov 2003 (52)
Oct 2003 (29)
Sep 2003 (8)
Aug 2003 (5)
Jul 2003 (2)
Jun 2003 (2)
May 2003 (5)
Apr 2003 (2)
Mar 2003 (2)
Feb 2003 (3)
Jan 2003 (29)



 

$175 Promotion from E*Trade Bank

Contributed by mm | May 20, 2004 4:25 PM PST

E*Trade has a generous promotion for its checking accounts. By setting up a checking account, doing a couple of online bill payments, and establishing a monthly direct deposit over $1,000, one can reap a reward of $175. This deal sounds better than the $20 offer from VirtualBank, $75 offer from NetBank and $150 offer from CitiBank.

Of course, always read fine prints before you try it out. A minimal of $2,000 is required for Value Checking after six months (and $5,000 for Complete Checking) to avoid monthly charge. Also, E*Trade does not pay interest on the minimal amount, and pay much lower interest than competition.

The fine prints:

1. The $175 offer applies to E*TRADE Bank Complete and Value checking accounts. To receive the $75 checking account offer, you must open a new E*TRADE Bank checking account with an initial deposit of $1,000 or more in new funds. The $75 will be credited within 30 days of account funding and will be reported as interest income. Offer limited to one new account bonus per customer every six months. Offer expires 6/30/04.

To receive the $25 bill pay offer, you must enroll in bill pay and pay two bills within 60 days of enrollment. The $25 will be credited within 30 days of the second qualifying payment and will be reported as interest income. Only new bill pay enrollments will qualify. Offer limited to one bill pay bonus per customer. Offer expires 6/30/04.

To receive the $75 direct deposit offer, you must establish and maintain for three consecutive months direct deposits totaling $1000 per month. Individual direct deposits in the amount of $200 or more will count toward the $1000 monthly total. The $75 bonus will be made in three equal payments of $25. Each payment will be credited within 30 days of the end of the month in which the qualifying direct deposit was made. Only new direct deposits will qualify. Offer limited to one direct deposit bonus per customer. Offer expires 6/30/04.

2. The Complete Checking minimum balance requirement of $5,000 and the Value Checking minimum balance requirement of $2,000 are waived for the first six statement cycles. Afterwards, a monthly service fee of $15 for Complete Checking and $10 for Value Checking will be charged for accounts that do not meet these minimum balance requirements.

(This post is part of PFBlog Product Review series. Check out more reviews here.)

This Post Has Received 2 Comments. Share Your Opinions Too.


diannah Commented on March 16, 2005

wow! these promos are great! thanks for the tip.


Derrick Brown Commented on December 6, 2005

How does one open an account with E*Trade Bank?

Thank you,
Derrick Brown


Add Your Comments










Remember personal information?




(It will take a few moments for your comment to be published. Please do not close the window until then.)


Read More ... 33 Posts In The Same Category










This page was last rebuilt at February 09, 2014 08:30 AM PST. (406 Words)
 

RSS FEED





PERSONAL FINANCE BLOGS I READ

Consumerism Commentary
Get Rich Slowly
My Money Blog
All Financial Matters
The Simple Dollar






.



Copyright 2003-2014, PFBlog.com. All Rights Reserved. (Privacy Policy)