Bank of Internet USA introduced their new Rewards Checking Account, which has a $100 minimum opening deposit. The account can earn an APY of up to 1.25%, 0.3125% for each qualifying action. To receive the full APY, customers must make a direct deposit of at least $1,000 per month, pay two bills a month using online banking, and use their debit card at least six times per month. The account will not earn interest if none of the qualifications are met. Click here for more information.
Northwest Savings Bank customers who open a Switch Rewards, Switch Free, or Switch Interest checking account with a $100 minimum deposit and initiate a monthly direct deposit of at least $100 will receive $100 cash back. Customers who already have a Northwest checking account and refer a friend can get $50 cash back. Customers who share their switching story video online will be eligible for a free Flip MinoHD and a chance to star in the next Northwest Savings Bank commercial. Click here for more information.
NASA Federal Credit Union is offering a 10-month CD special which earns 0.60% APY on balances between $10,000 and $29,999; 0.80% APY on balances between $30,000 and $49,999; and 1.00% APY on balances over $50,000. To receive these rates, a direct deposit of at least $500 per month is required. If no recurring direct deposit is verified within 90 days, the certificate rate reverts to the standard 6-month CD rate in effect at the time the account was opened. Click here for more information.
Flushing Bank customers who open a new BestRate Checking account with new money by 07.01.2011 can receive $100. To qualify for the cash back, customers must make five debit card purchases, five online banking bill payments, or sign up for direct deposit of at least $250. Customers with an opening balance of at least $25,000 will also receive a 16G Flip Video SlideHD. The BestRate Checking account earns 1.30% APY on balances of $5,000 or more. Click here for more information.
M&T Bank is offering $1,000 off closing costs on an FHA Renovation Mortgage as part of its "Raise the Green Flag" campaign. Customers must be current M&T checking customers or open a new account prior to closing to qualify. Payment must be automatically deducted from an M&T checking account or the customer must enroll in direct deposit. Offer is available through 05.31.2011.
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M&T customers who add direct deposit to a new MyChoice Checking account can receive a $100 cash bonus. MyChoice Checking customers avoid NSF and overdraft fees for transactions under $10. They also receive free web banking, bill pay, mobile banking, and access to nearly 750 branches and more than 1,800 ATMs. Click here for more information.