Bank Deal Monday

I just realized that yesterday was "Bank Deal Monday" and I didn't post a bank deal. Shame on me. So here's the weekly deal (albeit a day late)...

$125 cash bonus for opening a Chase checking account.

In order to qualify for the $125 you have to:

1) Open the account with a minimum $100 deposit.

2) Set the account up with direct deposit OR make 5 debit card transactions per month

3) Keep the account open for at least 6 months.

For $125, that's a pretty sweet deal. If 5 debit transactions with the debit card will drive you mad, direct deposit is probably the better option on requirement #2. Although you could have your paycheck be deposited into the account (or a portion of it) you could also use paypal for direct deposit. You simply have to move some money from your paypal account into the Chase account. This will count as direct deposit. I know, it's a cool tip.

I'm jealous of you guys because when I signed up for this deal a few months ago, the reward was $100. I signed both my wife and I up so we ended up with 200 benjamins. But still, $250 would have been very nice.

This promotion is only available to existing Chase customers OR individuals who have been referred by Chase customers. Lucky for you, I'm a Chase customer and can give you a referral.

If you're a Chase customer (credit card or banking), sign into your account online and then click here.

If you're not a Chase customer, shoot me an email at youngcashcow(at)gmail(dot)com or leave a comment with your email address and I will gladly send you a code. I only have 10 of these and they will go fast. So, if I give it to you, USE IT. I'm out - YCC

A New Monday Tradish

If you haven't seen School of Rock with Jack Black, you might not understand why I wrote "tradish" instead of "tradition."

Anyway...

I'm going to be doing something new every Monday. I hate Mondays. Don't you? That's why I'm going to be posting a killer bank deal every Monday.

By bank deal, I mean some type of deal that you get when you sign up with a bank (not the latest "deals" that AIG execs are getting).

Today, I have chosen Bank of America and their $50 MyAccess Checking bonus.

$50!

That's some serious green. All you have to do is go to this site, fill out the application, and boom - you just made $50. I've done this myself and I have been able to deftly put to use my extra Ulysses S. Grant.

There are no strings attached with this offer, although you will need $25 to fund the account.

However, I'm going to give you a big, BIG, hint on how to really laugh all the way to the bank on this one. If you have a rewards credit card, use it to fund the account. If you fund it with $3,000 and you earn 1% cash back on purchases... you just earned yourself another $30. So that means you are going to be walking away with $80 free and clear! Depending on your credit limit, you may even go higher.

Now that's a way to brighten up your Monday. I'm out - YCC