Commerce Bank customers who open a myRewards Checking account and set up direct deposit, automatic payments, mobile banking, and other select account options will receive up to $100. Bonuses will be paid to customers in good standing, three months after account opening. Click here for more information.
HomeStreet Bank customers can earn a cash bonus of up to $300 for opening a new checking account and using selected services. Customers will receive $100 for setting up a free direct deposit, $80 for using a Visa Check Card, $75 for using online bill payment, $25 for giving HomeStreet Bank their unused checks and debit card from their previous bank, and $20 for signing up to receive free e-statements. Click here for more information.
Fulton Bank customers who open a new checking account through 03.31.2012 will receive a free Amazon Kindle Fire. To qualify, customers must set up a direct deposit of $250 or more within 60 days of account opening, enroll in online banking with bill pay, and make three bill payments within 90 days of account opening. Click here for more information.
In response to the Bank Transfer Day movement, several credit unions and trusts are offering extra incentives to encourage consumers to make the switch from their bank. In addition to extended hours and additional staff, credit unions and trusts are promoting cash bonuses and great rates. According to a survey by CUNA, at least 650,000 consumers have joined credit unions within the last four weeks (cuna.org). Here are a few of the most interesting offers celebrating Bank Transfer Day:
• WV United FCU Offers 11.5% CD Rate
New members who move their account relationships to WV United FCU will be eligible to open a 6-month CD with an APY of 11.5% on balances up to $2,000. To qualify, the new member must open a checking or debit account, initiate direct deposit of their paycheck, get a debit card, and move their auto withdrawals or utilize EasyPay bill pay. Click here for more information.
• American Heritage FCU Offers Cash Bonus
American Heritage Federal Credit Union is offering new members up to $130. New members who open a checking account by 11.30.2011 with direct deposit will earn $50 and an additional $50 for their first bill pay. They will also receive a $25 Independence Check Card reward and $5 e-Statement reward. Click here for more information.
• Cash Bonus Offer at MidFlorida Credit Union
MidFlorida Credit Union will have free drinks and snacks on 11.05.2011 to celebrate Bank Transfer Day. Additionally, new customers who open a checking account by 11.30.2011 and sign up for direct deposit of at least $500 will receive a $127 cash bonus. Click here for more information.
• Co-op Services Offers $105 for Switching
New Co-op Services customers who shred their bank debit card and open a free Co-op Services checking account with direct deposit, e-Statements, and debit card will receive $105. Click here for more information.
• Pactrust Bank Pays $60 to Switch
Customers who open a new Value or Market Checking account at Pactrust Bank by 12.31.2011 and use their debit card at least once a month for the first 12 month will earn $5 cash back every statement period they use their debit card. Click here for more information.
New customers who switch to First Tennessee Bank can earn up to $396 cash back. Customers will receive $100 for opening a new checking account with a $300 minimum deposit and making a direct deposit within 60 days of account opening, $100 when they open a new Money Market Savings account with at least $10,000, and a $100 Visa Gift Card when they open a real estate secured portfolio loan. If all three accounts are opened by 11.30.2011, they will earn an additional $96 bonus. Click here for more information.
Bank of the West customers who open a new personal checking account by 09.16.2011 can receive $100 cash back. To qualify for this offer, customers must open the account with $100 minimum deposit in new funds and set up a direct deposit of $250 or more per month. Click here for more information.