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$125 Checking Account Bonus at a Tennessee Bank (Jefferson Federal)

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Jefferson Federal Bank
Jefferson Federal Bank is offering a $125 Visa gift card when you open any checking account. The account must be opened by 12/31/07. Minimum opening deposit is $1,000. The bonus requires that you select two additional services such as Visa Debit card, online banking, online bill pay, direct deposit, safe deposit box, savings account or CD.

Here are some additonal details: Bonus will be reported as income on 1099-Misc. You must be a new checking account customer. Offer is good for personal and business checking accounts. The account must remain open for 6 months.

The promotion doesn't seem to be listed at the bank's website. It was advertised in yesterday's Knoxville News Sentinel. The ad is available online here. According to the ad, the gift card will be given at the time of account opening which is a nice feature for this type of promotion.

They do have a Free Checking Account with no minimum balance requirements. It offers a free debit card, free online banking and free bill payment. So choosing any two of these seems like a free and easy way to satisfy the promo requirements.

This promotion seems to require a branch visit. Branches are located in Knoxville and Morristown, Tennessee. The bank is FDIC insured (Certificate # 31367.

  Tags: Tennessee, Jefferson Federal Bank, checking account

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