Thursday, May 29, 2008

The Economy May Be in a Funk, but Banks Keep Offering Deals

With the economy tanking it makes sense to take free money from anywhere you can get it (provided there are limited strings attached). Below are some of the offers that I saw this week while surfing around. While most require some minimal hassle, if you are in the market for a new account anyways they might be worth your while.

E*Trade Savings $25 Bonus
Details: $1 minimum to open an account. Bonus will be deposited within 30 days of opening the account. Another plus, the 3.15% APY is one of the best out there.
Direct Link

INGDirect Savings $25 Bonus
Details: $1 minimum to open account, but if you want the $25 bonus you must fund the account with at least $250. ING was paying 3% APY as of 5/28/2008. (Full Disclosure: If you sign up for an account with one of the links below I receive $10). If one of the links doesn't work try the next. In none of them work for you, send me an email and I'll get you a fresh one.
Direct Link 1; Direct Link 2; Direct Link 3; Direct Link 4; Direct Link 5

American Express Nest Credit Card $50 Bonus
Details: You receive 5,000 bonus points after your first purchase (redeemable for $50). The card also gives you 1% back in points that are redeemable for cash and an additional 10,000 points (equal to $100) for any year you charge over $15,000 on the card. You also receive a financial planning kit that is supposed to help newlyweds budget. Plus, everyone will think that you're a newlywed as you throw down the AMEX (even if you're not).
Direct Link