subject: Best Checking Account Promotions - Don't Be Left Behind [print this page] With plenty of attractive checking account promotions being promoted on TV, billboards and online, this is the very best time for you to open a checking account. Perhaps you wish to open a brand-new account or have an active account that youre simply not satisfied? In these cases, you definitely want to check with your existing bank or competing banking institutions to see what kinds of new checking account promotions there are. You may be pleasantly surprised at a few of the good deals you'll be able to find and various perks that may be available when you open a new account.
Interest Bearing Checking
One kind of promotion that you'd certainly wish to keep watch for is a growth in checking account interest rates. As you might or might not understand, interest earning checking accounts present a terrific method for accumulating cash tremendously. These kinds of accounts virtually pay you for having your money in them, so if you are looking for a powerful way to earn money without having to do any work, this really is certainly one promotion which you will want to think about if you meet the criteria for it.
Zero Fee ATM Usage Or Fee Reimbursement
One of the many other checking account promotions which you might encounter is the 0 fee ATM usage promotion which a lot of banking institutions will often times run. This can easily wind up saving you a lot of money in ATM fees if you happen to use them a lot. Numerous banks will charge you extra if you use an ATM for withdrawing money from your bank account more than a certain permitted number of times each month. Typically the amount of ATM withdrawals that they permit before they begin charging you for is very minimal, in some cases less than 4 instances.
Cash Rewards Checking
Another great promotion that financial institutions are providing in order to convince individuals to become clients is cash back checking, which means if you spend a certain amount of money during a six month period or a 1 year period, the bank will pay you a proportion of that back in the form of cash. These can come with some strings attached like a minimum number of transactions, so be sure to read the fine-print if you desire to open a brand new account to take advantage of the promotion.
We can examine what you stand to gain. Say you start a brand-new 3% cash back checking account with your favorite bank and you spend $700 in the first 6 months. By the end of which 6 month period your bank will essentially put $21 of the $700 that you invested back into your account.
Sign Up Bonuses
Other good checking account offers which you might wish to watch out for include sign up bonuses, meaning the bank will immediately deposit so much money into your account when you create an account with them. Banks will even offer cash bonuses for establishing particular features for your account for example direct deposit. This means that if you have the choice to set up direct deposit from your company straight into your new account, your bank will reward you with a cash bonus.
Assemble Your Options
If youre thinking about getting the most out of the benefits from opening a new account, then you will wish to check out the many different checking account promotions that are going on as we speak. It is easy to check out various web sites and articles for numerous offers and ways that it is easy to save money or even earn money when opening a brand-new bank account.
