WaMu is offering a free $100 bonus when you open a checking account and sign up for direct deposit or use your debit card at least 5 times. To qualify for this promotion, you need at least a $100 opening balance and within 60 days you must receive a direct deposit in your account or…
Month: May 2009
Credit Card Bill Passes Senate
For those of you who don’t know a bill was presented to the Senate today that would stop credit card companies from arbitrarily changing interest rates on cards. The credit card bill was passed with a vote of 90-5 in a bipartisan effort to stop credit card companies from unfairly changing the agreed upon interest…
EverBank Fees Change on FreeNet Checking
Everbank‘s FreeNet Checking Account, which offers an intro rate of 2.51% for the first 3 months followed by between 1.02 to 1.65% APY, has recently updated its fee schedule. They used to have an online billpay requirement of $1,500 but now has been bumped up to $5,000. If you have online billpay and fail to…
Foster Bank 2.60% 19 Month CD in Chicago
Foster Bank is offering a 2.60% APY 19 month CD and a 2.40% APY 10 month certificate of deposit with a minimum deposit of $1,000, and a maximum deposit of $100,000. You must visit a branch to open an account. Branches are located in the Illinois cities and towns of Chicago, Arlington Heights, Niles, Naperville…
Ally Bank 2.5% 9 Month No Early Widhrawal Penalty CD
I blogged yesterday on how GMAC changed its name to Ally Bank. It appears that along with the change they’re offering a new 2.5% APY 9 Month no penalty CD. The way the certificate of deposit works is you can withdraw the money any time you’d like without any early withdrawal fee, but you must…
Ally Bank is the New GMAC
GMAC in a new attempt to distance itself from General Motors has gotten a name change. Ally Bank is the new GMAC. The company hopes to rebrand itself and change directions. General Motors is a partial owner of the bank, but will be scaling back its stake in the bank in the months to come….
Acacia Federal Savings Bank 3.25% 3 Year CD
Acacia Federal Savings Bank is currently offering 3.25% APY on their 3 year CD with a low minimum deposit of just $500. The national average certificate of deposit rate for a 3 year term is just 1.77% so this rate is over 1% higher than that. Acacia Federal Savings Bank is a branch of Acacia…
EBSB Direct 2.81% Online Savings Account
EBSB Direct is offering a guaranteed rate of 2.81% APY on balances over $50,000 that’s locked in until September 30th, 2009. Accounts from $5,000 to $50,000 will get 2% APY. The minimum balance is $5,000 and the maximum is $1,000,000 although you should always stay under the $250,000 FDIC insured limit for any one account….
American First National Bank 2.64% 6 Month CD in Texas
American First National Bank is offering a promotional 2.64% APY CD for 6-12 months with a minimum deposit of $1,500. They’re also offering jumbo CD rates of 2.75% APY for the same terms with a minimum deposit of $100,000. This Deal has Expired. If you’re looking for IRA CD rates they have a smoking hot…
Advanta Bank Corp. Closing Down Credit Cards
Advanta Bank Corp. is closing down their small business credit cards in an attempt to save itself from bankruptcy. Advanta serves nearly one million small businesses customers with their credit card services. All current credit cards will be frozen by June 1st, 2009. Advanta had been unable to collect on a large chunk of unpaid…