Best Bank Deals

Flagstar Bank is still offering a $100 gas card for opening a checking account and establishing direct deposit of at least $250/month.

• Limited to new checking account customers only
• To qualify, customer must open a Flagstar checking account and establish direct deposit of at least $250 per month
• The account must remain open and active for a minimum of six months
• If checking account is closed within the first six months, Flagstar reserves the right to reclaim the value of the gas card.

Click Open an Account to view our checking products. After selecting the checking account you would like to open, enter the promo code GC100 into the promo code field of the account opening form. If you prefer to open an account at a branch, use the Find a Local Branch button to locate the branch nearest you and mention promo code GC100.

Bank of America is offering a $100 bonus for opening any new business checking account before March 31, 2008. The promotional code is BTB0100. You can open online or at a branch. Here’s a coupon page to be printed if you open at a branch. Here are some of the promotional details:

Offer applies to any new business checking account opened with a Visa Business Check Card before March 31, 2008. Limit one $100 incentive per business every 6 months. If opening the account online, you must enter the code BTB0100 to ensure you receive the bonus. If opening your account in a Bank of America banking center, you must provide the coupon to receive the bonus. Your bonus will be deposited directly into your new account within 60 days of account opening. If your account is closed within the first 60 days, you will not be eligible for the bonus.

One good checking account option is the Business Economy Checking. You can avoid monthly maintenance fees for at least 2 years if you have a personal checking account with BofA .

TD Ameritrade is running a $100 savings account bonus that is scheduled to end on March 31. Here are some of the details of the promotion:

• Open a Save Yourself account by 3/31/2008
• Set up electronic monthly deposits of at least $50 within 30 days of account opening
• After 12 consecutive months of electronic deposits, TD AMERITRADE will verify that the deposits have been made and add $100 to your account.

One thing to keep in mind is that you can withdraw the money before the end of the 12-months, but you’ll forfeit the $100 bonus. The current yield of the account is pretty low at 2.75%, so I wouldn’t deposit more than the minimum amount.

Webster Bank is currently running a bank promotion where you can get a $100 bonus by opening a checking account and meeting all their requirements.

In order to qualify for this deal, you must make a direct deposit, pay 3 bills online, and make 3 purchases with your Visa check card. The account must be opened by March 7, 2008. This offer is only available to new customers. See their website for more information.

HSBC currently has a banking deal where you can get a $50 bonus for opening a Premium Money Market Plus savings account, or $25 when you open a regular savings account. You must deposit at least $3,000 for this deal to be valid.

In addition, HSBC also has a deal where you can get $75 bonus for opening a checking account with direct deposit.

Add flexibility to your life with an HSBC Interest Checking Account. It’s free with direct deposit** and you’ll earn interest on your checking balance. Plus, you can get the added convenience of Free Personal Internet Banking with Bill Pay and an HSBC Debit MasterCard® with PayPass™.

Both offers end February 29, 2008.

Flagstar Bank is advertising a $100 new checking account bonus. Customers who open and maintain an active Flagstar checking account and establish direct deposit of at least $250 will receive a $100 Gas Card.

The checking account must remain open for a minimum of six months. Flagstar Bank has locations in Georgia, Indiana, and Michigan.

Bank of America currently has a bonus for signing up to their checking account. To get the $75 bank bonus, open a new checking account with the following promotional code: AOU260208.

You must be a first time Bank of American customer to qualify for the deal. It should be valid both online as well as physical brick and mortar banks. The offer expires on

This deal is valid online and also in brick & mortar branches. If you decide to goto your local Bank of America, you should print out a copy of the website to show to the bank teller. This offer expires on  April 30, 2008.

E*Trade Financial currently has a pretty high savings rate on their complete savings account, with a 3.45% APY. This is one of the best savings rates currently available online.

Their savings account features:

• $1 minimum deposit to open account
• No minimums or account fees
• No hard credit inquiry
• Free online ACH transfer system
• 6 withdrawal limits per month
• $100K per day limit on outgoing and incoming ACH transfers
• ACH transfers complete in one business day
• 9 day hold time for initial deposit (ACH or check)
• No hold for wire transfers

You can also sign up for a checking account that features:

• 3.25% APY on balances over $5,000
• Unlimited ATM fee refunds
• Free online bill pay
• Unlimited check writing
• Online check and deposit images

E*Trade has seen some financial problems recently, but as long as you keep your deposits under the FDIC insured limits there should be nothing to worry about. If you already have an account with E*Trade, you can link this new savings account to it. Visit their website for more information.

Lasalle Bank currently has a $100 bank bonus when you apply for and open a checking and savings account. To qualify for this account, you  must:

• Open a checking account with a minimum of $250
• Open a statement savings account with a minimum of $100
• Sign up for a LaSalle Money Card debit card
• Make a purchase with your Money Card within 60 days of account opening

Bonuses will be credited within 120 days, and are limited to one bonus per household.

Chase has a $200 bonus for opening a business checking account with minimum deposit of $500. It requires you to print out a coupon with the typical unique code, and take that into your local Chase branch. Offer is valid through March 15, 2008.

Open a Chase BusinessClassic, BusinessPlus or Chase Advanced Business Checking Checking account and deposit a minimum of $500 or more within 30 days of account opening with funds not currently on deposit with Chase. Cash Reward will be deposited automatically into your checking account within 10 business days after the $500 minimum deposit requirement is met. Account opening is subject to approval. Minimum opening deposit of $25 is required. One cash bonus per business entity. Cash bonus may be considered interest reportable on IRS Form 1099-INT. Offer valid through March 15, 2008.

The business checking accounts that qualify for this bonus include the Chase BusinessClassic Checking, the Chase Advanced Business Checking and the BusinessPlus Checking. All have monthly fees. The fees on the first two can be waived, but it requires a fairly large balance ($6,000 for the BusinessClassic). Another option to avoid fees is to sign up for the Business Complete package in which fees are waived for the first 12 months.