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Bill
Bill (@guest_1834047)
April 21, 2024 16:01

I just found a competitive new account at Evergreen Money. It’s a checking account that invests in Treasuries, so it’s not FDIC insured. But it’s free of state taxes. Currently paying 5.39% and there is a $250 bonus for depositing $10,000, which is the minimum opening amount. You get an ATM card and it has free incoming wire transfers, but does not have bill payment (so maybe this would be better placed in the savings account thread). I opened an account; I’m not moving money in immediately.

The founder is Bill Harris, who was the CEO of Personal Capital. You’re opening a brokerage account as well as the checking account.

https://try.evergreenmoney.com/

person
person (@guest_1834094)
April 21, 2024 19:00

HP? Chex pull?

Emily
Emily (@guest_1833816)
April 20, 2024 18:52

Looks like the Chase Business bonus isn’t available anymore…hopefully they will come out with it again!

Sylvester The Lone
Sylvester The Lone (@guest_1833100)
April 19, 2024 05:50

Texas Poker Party deposit $20 get 4000 Swagbucks. $20 money maker

Sylvester The Lone
Sylvester The Lone (@guest_1832212)
April 17, 2024 16:29

Citizens Bank in Brooklyn offering a $500 bonus for moving 10K in new funds to an existing savings account through April. The branch near me was handing out flyers today. Can’t figure out a way to share picture

Tony
Tony (@guest_1832368)
April 17, 2024 21:35

Received an email, offering same Savings bonus. Hold 5 months. How does it impact next Checking Bonus churn period??!!

Bill
Bill (@guest_1834055)
April 21, 2024 16:09

I need to open a new checking and savings account with them. Many years ago, they screwed me out of $25 by charging for overdraft line of credit annual fee on an account I had opened with my son and which the banker suggested (I assume there was some contest going on for getting clients to sign up for it). They refused to refund the fee. So any time I can get money from them, I am happy to do it.

Tony
Tony (@guest_1831953)
April 17, 2024 06:34

 William Charles Seems if you transfer $5,000 (into Sofi Active Invest) near end of every month thru Dec 2024, then each transfer will be paid bonus of $100 just 14 days later. Correct me if wrong?

Tony
Tony (@guest_1831950)
April 17, 2024 06:27

SoFi Active Invest ACAT PromotionEarn a bonus (as described below) when you transfer investments from another brokerage firm into a taxable SoFi Invest Active brokerage or Active retirement account (Traditional, Roth, or SEP IRA). Bonus amounts are based on the total net dollar amount (incoming transfers less outgoing transfers) of settled transfers from another brokerage to an individual SoFi Invest account during each calendar month. Bonuses will be paid within 14 days of the last day of the month in which the transferred assets settled in your SoFi Invest account. Bonuses will be paid into the same account you transferred investments into. Transfers into multiple accounts may not be combined. Assets are required to remain in your SoFi account for 180 days. SoFi reserves the right to recoup up to the bonus amount from any withdrawals that take place prior to the 180-day period. SoFi also reserves the right to change or terminate this promotion at any time without notice. Important Tax Information: The value of the reward you receive may constitute taxable income. SoFi Securities LLC may issue a Form 1099 (or other appropriate form) to you that reflects the value of the reward. Please consult your tax advisor. SoFi Securities LLC and its affiliates and associates do not provide tax advice.
Transfer AmountBonus$5,000 – $24,999.99$100$25,000 – $99,999.99$200$100,000 – $249,999.99$500$250,000 – $499,999.99$750$500,000 – $999,999.99$1,000$1,000,000 – $4,999,999.99$2,500$5,000,000 +$10,000

The Offer Period will run from April 16, 2024 to midnight of December 31, 2024. This period may be extended at SoFi’s discretion.

Mister
Mister (@guest_1831074)
April 15, 2024 11:22

Seacoast $600 business checking bonus – Earn up to $600 with a new Business Checking Account | Seacoast Bank
Main issue that stands out is “Business must have a current and active registration with the Florida Department of State”

Private
Private (@guest_1829300)
April 11, 2024 05:12

First Horizon has hoops to jump through not mentioned above:

“A small boost to your finances can keep you moving forward. Here’s how
you can easily add $450 to your new FirstView Checking account. To
qualify, you must be a new client. If you maintain an average daily
collected balance of $5,000 in your total deposit balance and make a
minimum of 10 qualifying client-initiated transactions for each
statement cycle for the first three full statement cycles, we’ll drop a
$450 cash bonus into your account.”

Eric 🔗
Eric 🔗 (@guest_1829331)
April 11, 2024 09:01

It’s a little odd that you used the word “hoops” to describe “requirements”. Almost every bank bonus has some kind of requirements to meet. I feel that those requirements are very fair for $450.

Private
Private (@guest_1829661)
April 11, 2024 19:25

“make a
minimum of 10 qualifying client-initiated transactions for each
statement cycle for the first three full statement cycles”

I rarely make 30 transactions on a checking account in a year.

Eric 🔗
Eric 🔗 (@guest_1829681)
April 11, 2024 20:23

Any reason making a $.01 transfer 10 times each month wouldn’t qualify?

mangorunner
mangorunner (@guest_1830341)
April 13, 2024 11:44

Where/how do you make 1-cent transactions, Eric 🔗? Cash App? Thanks!

Gadget - Bank Bonus Geek 🔗
April 13, 2024 12:30

Risking a shutdown and loss of a $450 bonus to avoid 50 cents in missing CC rewards or HYSA interest is pennywise and pound foolish…. But it can be done.

There is the PayPal subscription trick, championed by Mothy…

https://www.doctorofcredit.com/bank-accounts/how-to-meet-minimum-debit-credit-transaction-requirements/#comment-1323981

My water utility bill accepts 1 cent payments, but I haven’t exploited it (much).

That particular bonus offer allows for bill pay, checks, and ACH transactions, too. Super easy.

mangorunner
mangorunner (@guest_1830429)
April 13, 2024 16:39

Aw yeah, the Mothy subscription… I thought about that, and have it bookmarked, but have never used it. My utility has a $3 minimum. AT&T internet has a $1 minimum. I know that some folks can get Amazon reloads for 50-cents (or if not that, then $1). I’m pretty much all about buying bananas, one at a time, at Walmart or any grocery with a self-checkout. One banana is around 21 cents depending upon the size of your banana. 😉

Haven’t started First Horizon and may miss out on that one. Too many irons in too many fires.

mangorunner
mangorunner (@guest_1830434)
April 13, 2024 17:16

Forgot to include: my health insurance allows $1 payments. Have not tried less than $1.

Eric 🔗
Eric 🔗 (@guest_1830483)
April 13, 2024 20:24

Your strategy of buying bananas is sound. However, that doesn’t work with the current CFCU offer that I am working on that requires 30 $10+ debit purchases. Hopefully other FI don’t wise up like CFCU did.

mangorunner
mangorunner (@guest_1830488)
April 13, 2024 20:37

I agree – I don’t like those pesky minimums!

Gadget - Bank Bonus Geek 🔗
April 14, 2024 02:54

If ever forced to do $10 charges I would probably look to the gas pump. Sadly that’s less than 3 gallons currently. Pretty sure anybody who has car insurance is paying at least $50-$100 a month too. Insurance companies love getting money and will take it any way they can get it, so multiple smaller payments are usually okay. Same thing with entertainment sources like cable/internet/streaming.

Gadget - Bank Bonus Geek 🔗
April 14, 2024 04:35

Slow and steady wins the race?
Fortune favours the bold?
Pick your mantra. 🙂
I’m somewhere in the middle, or bounce around. Anyway, I have faith you can do it.

No banana jokes. We only accept serious comments in these parts. I hear Target sells bananas at a flat rate of 25 cents… I’ve never tried.

Eric 🔗
Eric 🔗 (@guest_1830480)
April 13, 2024 20:16

mangorunner,

The only time that I do 1 cent transfers is to keep my accounts active every month, 6 months, etc.

If I were to do this specific offer, I would probably do transfers of $1+ to meet the requirements.

Based on the commentary below, it seems that you are referring to debit purchases and not just transfers. Private quoted “10 qualifying client-initiated transactions for each” but did not quote the part of the terms that defines what “qualifying” is.

Even though, I have made several comments in the First Horizon post, I have not reviewed the terms of the offer. I don’t usually do that until I am seriously considering applying for an offer.

Do the terms exclude ACH transfers as “qualifying client-initiated transactions” for that offer? If so, I would definitely not recommend doing $.01 debit purchases to try to meet the terms. Just ask mothman69 how that worked out with the NASA offer.

mangorunner
mangorunner (@guest_1830482)
April 13, 2024 20:21

Eric 🔗, I got tripped up with thinking you were referring to debit card purchases even though you did say transfers. Thank you for the clarification.

I haven’t read the terms of that offer, either. I’ve been reading many of the comments but haven’t actually applied for the account.

Jack
Jack (@guest_1830283)
April 13, 2024 06:42

Pretty easy to make small purchases that are less than a dollar.

Jack
Jack (@guest_1830282)
April 13, 2024 06:42

What do you mean it’s not mentioned? If you actually went to the post, you’d see all of that.

Dr.Plantain
Dr.Plantain (@guest_1828683)
April 10, 2024 02:34

Tried opening Chase account for $900 offer, said it can’t open my account

Raelee M
Raelee M (@guest_1827016)
April 6, 2024 16:07

Don’t do the CitiBank one if you need your money, I deposited my check and they held it for 8 days, then when I tried to transfer it out so I could pay my bills they marked me as fraud. Their customer service is a nightmare. Not worth the $300, just an absolute headache.

irma
irma (@guest_1829132)
April 10, 2024 19:33

Ugh. Just started working on this one…

Private
Private (@guest_1829301)
April 11, 2024 05:14

Agreed. Avoid.

There are changing all of their accounts in May and adding fees to many.

Heather
Heather (@guest_1831601)
April 16, 2024 11:31

Absolutley agree. Now they are holding my money and of course no bonus. They are also doing it for people that get money through Zelle which is mentioned in the offer. I wonder if will show up on Chexs and impact getting bank accounts in the future