$110 for Checking/Direct Deposit/BillPay at BestBank

Feb 11, 2006 - 10:35 AM by Ken Tumin

Open a Fresh Checking Account at BestBank and they'll buy up to $10 worth of your unused checks from another bank. The Fresh Checking account has no minimum balance requirements and you get free checks for life of the account. The normal bonus for initiating direct deposit in this account is $25. However, BestBank has this special in which you can earn $100 for direct deposit and Preferred BillPay. Here are the important details:
Direct deposit bonus of $50 for direct deposit of Social Security, payroll, or retirement. Must have three consecutive direct deposits of $75 or more from the same source in a 120 day period. One direct deposit bonus per tax depositing TIN. Bonus will be credited to account within 30 days of third direct deposit. Preferred BillPay bonus of $50 for signing up for our online billpay system and paying three bills by March 31, 2006. Billpay bonus will be credited to account by April 30, 2006. Direct Deposit offer good on new accounts opened February 1, 2006 through March 5, 2006. Personal accounts only.

Credit for the deal goes to this SlickDeals thread. There's some uncertainty if this can be opened online from any state. If you live in Georgia, Illinois, Minnesota, Ohio or Wisconsin, a branch is likely to be nearby to open an account. If there's not a branch nearby, you may be able to open by mail, phone or online. However, the online application requires that you already have an account number.

Another nice perk from BestBank is a grocery rewards check card which has an introductory 10% cash back on the first $250 of groceries at participating grocery stores. However, if you already use a 5% cash card credit card, this is not quite as good, but you would still get an extra $12.5 for using this check card for the first $250 of groceries.

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