Saturday, October 15, 2022

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Santander 123 In Detail

5 Best Bank Accounts That Give You Money 2020

Both the Santander 123 account and the 123 Lite account pay up to 3% cashback on selected household bills, capped at £5 per cashback tier each month:

  • 1% cashback on mobile and home phone bills, broadband and paid-for TV packages and the first £1,000 you pay towards a Santander residential mortgage.
  • 2% cashback on gas and electricity bills, Santander home insurance and Santander life protection.
  • 3% cashback on water bills.

Spending on your Santander debit card can also bag you additional cashback of up to 15% at a range of major retailers.

You’ll need to pay in £500 every month to earn these benefits and have at least two active direct debits. Lite customers must also log onto online or mobile banking at least once every three months.

The full 123 account costs £4 a month but it pays 0.3% interest on credit balances .

Santander 123 Lite

If you don’t want to use the account for savings, the Lite account pays cashback on bills for only £2 a month.

To be eligible, you’ll need to pay in at least £500 into your account every month, have two active direct debits set up, and log in to online or mobile banking at least once every three months.

Banks Are Offering Hefty Sign

Banks are offering lucrative sign-up bonuses to open checking accounts, but beware of the fine print.

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Cash in on checking.

Americans resist change, at least when it comes to their checking accounts: A survey from finance site Bankrate and MONEY found that the average American had used the same primary checking account for 16 years, and more than one in four had had their account for upwards of 20 years.

Now may be a good time to change that habit, as banks are offering good incentives to consumers to nab a checking account at their institution, experts say. Some of the more lucrative offers range from $250 to $500, and there are a couple that even offer $750 in cash.

Of course, its not as easy as simply taking the cash. Checking account sign-up promotions are best viewed as a nice perk, if youre planning to change banks and youve fully vetted the banks fees and fine print, says Arielle OShea, a banking and investing specialist at finance site NerdWallet. Indeed, most banks that give sign-up bonuses require you to jump through some hoops, like maintaining a minimum balance, depositing a set amount of money into the account within days or weeks, making a certain number of debit card transactions, enrolling in direct deposit, and/or keeping your account open for a set period of time, she explains.

Here are some of the most lucrative checking account sign-up bonuses.

$750 with either HSBC or SunTrust

$500 with SunTrust, or $350 with HSBC

$250 with Fifth Third

Td Bank Beyond Checking: $300 Bonus Offer

With a TD Bank Beyond Checking account, youll pay a $25 monthly maintenance fee unless you set up $500 in monthly direct deposits, have a minimum $2,500 daily balance or have a combined $25,000 balance across eligible TD accounts.

You can earn interest at tiered interest rates, get overdraft protection, receive free checks and bank statements and be eligible for rate discounts on home equity or personal loans. TD fees waived at any ATM, and non-TD fees reimbursed when you keep at least a $2,500 daily balance.

Read our full review of TD Bank.

  • Offer expiration: Unknown
  • How much you get: $300
  • How to qualify: Open and account and make a qualifying direct deposits totaling $2,500 during the first 60 days of account opening
  • Qualifying transactions: Make a total of $2,500 in qualifying direct deposits in the first 60 days
  • How to get the offer: Open an account online or in-branch at a brick-and-mortar location
  • When you get it: Youre $300 bonus will be deposited into your account no later than 140 days after eligibility requirements are met

This offer is available to residents of the following states: CT, DE, DC, FL, ME, MD, MA, NH, NJ, NY, NC, PA, RI, SC, VT and VA.

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Ibotta App Grocery Shopping Cash Back $10 Bonus

Ibotta Promo Link Install it, use it and get $10 for free.

Dont want to get a new bank account? I feel ya, but you may be interested in the next app bonus Ibotta is a fun rebate app that lets you get cash back on your purchases from major stores like Walmart, Target and almost every grocery store all over the country.

Its one of the best cash back apps thats been around since 2011! They are conveniently offering a $10 sign-up app bonus after uploading your first receipt. So act fast.

Plus, this money-making app actually gives you cash back on things you buy every day, even booze! You heard me right, you can make money for the booze you buy at groceries . However, you do have to be 21 or older to take advantage of the booze deals.

BlockFi Promo Link Offers a sign-up bonus of $250 plus upwards of 8.6% APY on your account balance.

BlockFi is a crypto-trading app and crypto savings account that works similarly to a bank account. With BlockFi, there are no hidden fees and no minimum balances with its interest-earning account.

BlockFi allows you to earn interest on cryptocurrencies that you own, use crypto as collateral for a loan, or trade currencies including Bitcoin, Ethereum, Litecoin and several stablecoins.

Additionally, new investors can earn a sign-up bonus worth up to $250 when opening a new BlockFi Interest Account.

Fund your Block Interest Account for the first time to earn a one-time Bitcoin bonus of up to $250.

Tier

Checking Account Offers Savings Promotions For September 2021

Bank Teller Giving Cash To Customer Stock Photo
  • Citi Priority Checking, up to $1,500.

  • Chase Total Checking, $225.

  • TD Bank checking, $150 or $300.

  • Huntington checking, $150 or $200.

  • BMO Harris checking, $300 or $500.

  • Alliant Credit Union The Ultimate Opportunity Savings, $100.

  • Bank of America Advantage Banking, $100.

  • PNC Bank Virtual Wallet, $50, $200 or $300.

  • Chase business checking, $300.

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Td Bank: $150 Or $300 Bonus

A $300 bonus is available for TD Bank customers who:

  • Open a Beyond Checking account online.
  • Have never had a TD Bank personal checking account.
  • Have at least $2,500 worth of direct deposit funds within 60 days of opening the account.

Theres also a $150 cash bonus if youd prefer a Convenience Checking account .

These offers are set to expire Nov. 30. Bonuses are available to residents in the District of Columbia, Pennsylvania and every state on the east coast except Georgia.

TD Bank is based in Cherry Hill, New Jersey. In Bankrates review of TD Banks services and product offerings, it earned 3.5 out of 5 stars.

Southwest Airlines Rapid Rewards Plus Credit Card 50000

If you travel a lot of Southwest Airlines, the Southwest Airlines Rapid Rewards Plus Credit Card will give you 50,000 after just $2,000 in purchases in the first 3 months, plus 50,000 more bonus points after spending $12,000 total on purchases in the first 12 months your account is opened.

If you value each point at around 1.66 cents, thats over $600 in airfare. That will get you also that much closer to Companion Pass, which means a friend can fly with you for free! $69 annual fee.

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Aspiration Plus $200 Bonus

Open a new Aspiration Spend & Save account with Aspiration Plus and complete qualifying activities to earn a $200 account opening bonus.

All you have to do to earn the bonus is open and fund your account with $10 or more, then make at least $1,000 in cumulative eligible debit card purchases within the first 60 days. You should receive your $200 bonus in your account within 120 days.

Moving forward, youll enjoy all these Aspiration Plus benefits for $7.99 per month or $71.88 annually:

  • Earn up to 1.00% interest in your Save account
  • Carbon offsets for your gas purchases with Planet Protection
  • One out-of-network ATM fee reimbursed each month
  • 10% cash back at select partner merchants like Warby Parker and TOMS
  • Instant access to a digital debit card

Cash App P2p Payments And Money Transfers $5 Bonus

Chase Bank is INVENTING NEW WAYS to give away money if you have the Chase Freedom Flex Credit Card!

Cash App Bonus Link Install it, use it and get $5 for free.

Cash app is a free digital wallet for all the people who need to make transactions or payments. It is a very simple way to send money to anyone you want and without paying any money transferring fee. Its similar to Venmo and PayPal and is a super-easy way to send cash to your friends and family.

They offer a $5 signup bonus just for downloading the app and using it.

Youll earn a $5 bonus when you download the Cash App, register a new account, and send your first $5 within 14 days with a linked debit card. Youll need to use a current members referral link for the offer.

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Interest Rates On Credit Balances

If youre careful about your spending and never go overdrawn, have a look at the accounts that pay interest on your credit balance.

However, if your earnings are on the low side and you do sometimes use your overdraft, dont pay too much attention to the credit interest. Focus more on the charges instead.

Rakuten For Free Sign Up Money

  • Signing up Bonus: $20

Rakuten is an online shopping portal that pays you free money for online shopping.

Heres how it works:

  • Sign up for a free Rakuten account and get an instant sign up bonus $20 as free money for signing up.
  • Search for the retailer of your choice. Youll find that youll be able to receive anywhere between 1% 20% in cashback.
  • Make a purchase like you normally would.
  • Rakuten earns a commission on your purchase, but instead of keeping that commission. they give a part of it back to you in the form of cashback.

They have some great promotional deals around the holidays.

When we talk about apps that pay you to sign up, this app pays a good amount. New users can get a free sign up money as $10-25 gift card to a retailer of their choosing after shopping for $10-25.

Not only that, but you have a chance to earn a bonus of $20 when referring friends.

Rakuten automatically sends you a check every 3 months for the amount of cashback in your account, or you can opt to receive payments free PayPal money.

All you have to do is type in your email address and shop online.

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Compare Bank Account Fees And Charges

To see all the fees and charges that apply to bank accounts showing everything from overdraft fees to foreign cash withdrawal charges use our comparison tool

Fees can vary a lot between banks and accounts, with one of the highest fees being charged for going over your agreed overdraft limit .

Did you know you could save hundreds of pounds with an account that better suits your needs? If you regularly spend more than you have in your account, choose one that will give you an overdraft up to an agreed limit without charging fees and/ or with a low interest rate.

Read our Overdrafts explained page to understand how they work and how to cut the costs and avoid charges

How We Make Money

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The offers that appear on this site are from companies that compensate us. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you.

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Regions Bank Up To $100 Cash Bonus Each Year

Open a new checking account at Regions Bank, either online or at a branch. Next, open a Regions LifeGreen Savings Account with an opening deposit of $50 or more.

Then, set up a recurring monthly transfer of $10 or more from your Regions checking account to your LifeGreen Savings Account and complete at least 12 monthly transfers.

Every year, youll receive a 1% savings bonus on your account anniversary date, based on your accounts average monthly balance for the preceding 12 months, up to the max annual savings bonus of $100.

Your bonus should be deposited into your account on the business day following your anniversary date.

Huntington Bank $150 To $750

Huntington Bank offers a couple of bonuses for opening up checking and business accounts:

  • You can get $150 or $200 for opening checking accounts.
  • And, a $200, $400 or $750 bonus for opening up a business checking account.

How to qualify for the $150 bonus: Open up an Asterisk-Free Checking Account, during the promotion period between January 1, 2021, and April 7, 2021, and make cumulative new money deposits into the checking account of at least $1,000 or more within 60 days of account opening. New money is money thats not currently on deposit in any Huntington account, except maturing personal CDs. Your account must also remain open for at least 90 days before it becomes eligible to receive the bonus. Learn more about this bonus here.

How to qualify for the $200 bonus: Open a Huntington 5 checking account during the promotional period, and make deposits totaling $1,000 or more into the account within 60 days of the account opening. The account must be open for at least 90 days to be eligible to receive the bonus. Learn more about this bonus here.

How to qualify for the $750 bonus: You can earn up to $750 when you open up a new business checking account. There are three business accounts available each with its own bonus and requirements:

Learn more about this bonus here.

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Rbc Promotions: Rbc All

  • The gift: $300 Cash
  • Deadline for account sign up: September 30, 2021
  • RBC Signature No Limit Banking account $15.95 monthly fee, $39/year credit card rebate
  • RBC VIP Banking account $30 monthly fee, $120/year credit card rebate. Free safety deposit box , and free personalized cheques.
  • The Ask: By November 30, 2021: Complete TWO of the following:
  • Arrange for automated and recurring payroll direct deposit or monthly recurring pension direct deposit
  • Set up at least 2 pre-authorized bill payment to a service provider or pre-authorized payment to an RBC mortgage, loan, Royal Credit Line or contribution to your RBC investment account
  • Set up at least two bill payments to a service provider from RBC online banking or using the RBC app.
  • You can open an account online in 5 minutes
  • The downside: The multi-product rebate doesnt completely cover the monthly fee of these two chequing accounts. The monthly fee after the multi-product rebate is still $9.95 for the No Limit Banking Account and is $19.95 for the RBC VIP Banking Account. Also, you cant have had a personal banking RBC account in the last 5 years otherwise you are not eligible.
  • Chime: $100 For A Referral And $100 To The Person You Referred

    How Banks Really Make Money (And You Can Too) Part 2

    Current Chime customers can get $75 for each friend they refer. To qualify for the bonus, you must:

    • Be a new Chime customer
    • Use your personalized referral link
    • Receive a single qualifying direct deposit of $200 or more from a payroll provider within 45 days of opening the account

    If all qualifying activities are met, both parties will receive $75.

    Chime is based in San Francisco and is a neobank, meaning it strictly operates online and partners with a bank to hold your deposits.

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    Natwest And Rbs Reward In Detail

    Previously, the NatWest and RBS Reward accounts paid 2% cashback on household bills paid by direct debit, but this perk was scrapped in February 2020.

    Now, you can earn £4 for paying out two or more direct debits , plus £1 for logging into the mobile banking app each month. Both banks offer 1% cashback on spending at certain retailers as well.

    You must pay £1,250 into the NatWest or RBS Reward current account each month to qualify for the perks.

    Your ‘Rewards’ become available to spend once youve earned the equivalent of £5 or more.

    At this point you can choose to either: bank it so that the money is transferred to your current account trade it for gift cards and shopping codes to use at selected retailers or donate it to a participating charity.

    Suntrust $200 To $1000

    SunTrust offers a number of bank account promotions.

    • You can get between $300 and $1,000 for opening a checking account and savings account.
    • And, you can get $200 when you open a new, eligible SunTrust Business Checking Account.

    How to qualify for the $300 to $1,000 bonus: Open any new SunTrust personal checking account, then complete qualifying direct deposits that total $500 within 90 days of your account opening. And, open any SunTrust savings or MMA, and deposit one of these balances within 30 days to get a bonus of between $300 and $1,000:

    • Less than $10,000 = $300 bonus
    • $10,000 to $24,999.99 = $400 bonus
    • $25,000 to $49,999.99 = $600 bonus
    • $50,000 to $99,999.99 = $800 bonus
    • $100,000 or more = $1,000 bonus

    You must maintain these balances for 90 days after account opening. Accounts must be opened on the same day and with the same account ownership to be eligible for the reward. And, the offer is only valid from January 5, 2021, through March 31, 2021. You need to use the promo code featured on the page linked above when you open the account. The reward will be deposited into your new checking account within four weeks of verifying all the qualification requirements. Learn more about the SunTrust bonus here.

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