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Old 09-03-2018, 01:04 PM
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yoyo yoyo is offline
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Default Checking/Banking Account Signup Bonus Offers

Do you guys take advantage of these offers? I have one now from Fifth Third bank for $200 signup bonus. Fewer gotchas than most offers I've bothered to look at. Requires $500 be on deposit for 60 days and pays out within 10 business days after qualifying activity. This is a no fee checking account. No direct deposit required. No spending requirements.

Seems like a no brainer.
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Old 09-04-2018, 10:08 AM
Moctuary Moctuary is offline
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I haven't gotten into this yet, but it's been on my mind.

What do you plan on doing once you receive that bonus? Will you transfer to your main bank and cancel the account? I assume you have to claim any checking account bonuses on tax forms?
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Old 09-04-2018, 10:50 AM
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LifeIsAPoissonProcess LifeIsAPoissonProcess is online now
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We did the Regions Bank offer last year. Bonus was $400 each if you kept a thousand or so in your account for 6 months. It was doubly good since you could fund 2x checking accounts and a savings account with $1000 from a credit card. So that bonus alone netted us $800 and the minimum spend for a CSR.
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Old 09-04-2018, 11:26 AM
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Quote:
Originally Posted by Moctuary View Post
I haven't gotten into this yet, but it's been on my mind.

What do you plan on doing once you receive that bonus? Will you transfer to your main bank and cancel the account? I assume you have to claim any checking account bonuses on tax forms?
yes, and the bonus will be reported as interest income

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Originally Posted by LifeIsAPoissonProcess View Post
We did the Regions Bank offer last year. Bonus was $400 each if you kept a thousand or so in your account for 6 months. It was doubly good since you could fund 2x checking accounts and a savings account with $1000 from a credit card. So that bonus alone netted us $800 and the minimum spend for a CSR.
nice score
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Old 09-04-2018, 01:12 PM
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redprinceton redprinceton is offline
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I don't seek them out like I do credit card intro offers, but yeah, I'll hop on if something seems worthwhile.
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Old 10-01-2018, 12:56 PM
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Yes, I do this.

How do you get a Regions promo offer?
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