Checking and Savings Account Offers You Can’t Afford To Miss

Cash in on these special, limited-time bank promotions to earn extra money by simply opening a Bank of America Checking, WaMu Free Checking, or WTDirect Savings accounts to get cash back bonuses. Time is of the essence, so if you’re thinking of opening an account, don’t leave $100 or $150 in the big banks’ vaults when it can be in your wallet by acting now.

Here’s what you need to know –

WTDirect is offering up to a $150 cash bonus for new savings account clients,  based on the account balance.
Expires July 31, 2009
Terms: Deposit at least $10,000 and you receive $25 bonus; $20,000 gets $50 bonus; $30,000 gets $75 bonus, $40,000 gets $100 bonus, and the top tier of $50,000 qualifies you for $150 bonus. Regardless of the cash bonus, your savings will earn 1.76% APY.
Good Stuff: WTDirect is known for a savings rate in the top 5% of US banks. The bank ran a similar bonus promo last year and ended it within a week because of the high demand; so be warned that this offer might be cut even shorter than expected.
Fine Print: You must open and fund your account with at least $10,000 before July 31, 2009 and keep your funds at WTDirect until October 31, 2009 to qualify for the cash bonus.

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Not to be outdone, Washington Mutual, now a division of JPMorgan Chase Bank, is offering a $100 cash bonus for opening a new WaMu’s Free Checking account.
Expires August 5, 2009
Terms: Open a new checking account with a minimum deposit of $100 of new money (not currently held at a WaMu or Chase bank). Within 60 days of account opening, initiate a direct deposit OR have at least five debit card purchases posted to your account.
Good Stuff: WaMu Free Checking offers no monthly service fees, free checks, free online banking and bill pay, free ATM cash withdrawals at any ATM, access to 14,000 WaMu and Chase ATMs nationwide, and a refund on one overdraft fee per year.
Fine Print: Offer is limited to one bonus per household. The reward will be deposited directly into your account after either the direct deposit OR debit card requirements have been fulfilled.

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Bank of America is pulling in new customers with a $100 cash back bonus to open a new personal or business checking account.
Expires – No expiration date posted, but these offers tend to jump in and out of the market.
Terms: Here’s how to get your $100: Get $75 back when you open a qualifying personal or business checking account with a minimum $250 deposit, plus you must use your debit card to make a purchase within 30 of opening the account. Bring home the additional $25 simply by making two online bill payments within 30 days of opening the account.
Good Stuff: Bank of America’s checking account offers free online bill pay, free online and mobile banking services, and the Keep the Change program can save you cents on every purchase.
Fine Print: Only new customers are eligible and the account must be opened online or at a Bank of America banking center. If you are deemed eligible, Bank of America generally pays the cash bonus within 90 days of the account opening.

The clock is ticking on these limited time offers, so if you qualify for any of the above promotions and are looking to open a savings or checking account, think about cashing in on the opportunity to earn up to $150. There’s no better way to pad your savings than by putting the banks’ money in your pocket.