Wells Fargo will start offering Apple Pay as an option to customers when making purchases beginning in October 2014. Apple Pay is the newest feature on the iPhone 6, iPhone 6 Plus, and Apple Watch devices. These devices are equipped with an NFC antenna design, Secure Element chip, and Apple’s new Touch ID. By adding their credit card information to their iTunes Store account, customers will be able to pay in person at stores that offer a contactless POS terminal. Click here for more information.
Citibank customers who open a new checking account in the Citigold account package by 10.31.2014 will receive a $400 cash bonus. To qualify, customers must make a deposit of at least $50,000 in new money and complete a qualifying bill payment for two consecutive months within 60 days of opening the account. Click here for more information.
MidSouth Bank is offering an unsecured personal loan special featuring a rate as low as 5.78%. This advertised rate reflects a 0.25% discount with auto debit and requires a minimum loan amount of $7,000 for terms up to 48 months. Click here for more information.
Navy Federal Credit Union members who open a GO REWARDS card by 09.30.2014 and spend $1,500 within 90 days of account opening will receive 15,000 rewards points. Rewards points can be redeemed for travel, cash, gift cards, or merchandise. Click here for more information.
Regions' new mortgage program for first-time home buyers includes features like no closing costs to the borrower (except for pre-paid items), up to 95% LTV on primary residences, options for borrowers without traditional credit history, allowances for down payment assistance from family members, and a mandatory home buyer counseling program to help borrowers understand budgeting and other necessities once they become homeowners. Click here for more information.
California Bank and Trust expanded mobile check deposit for its small business and personal clients using online banking. The free service includes deposit limits of $7,500 daily and $15,000 monthly for small businesses. Deposit limits vary for consumer clients based on length of account opening. Click here for more information.