Dollar Bank has a $50 promotion for its FreeMONEY Checking. When you open a new FreeMONEY Checking Account and choose a debit card, your first $50 in debit purchases will be paid by Dollar Bank. It must be opened by 4/30/08. Some of the important small print includes:
- $50 minimum to open
- Purchases must be made via signature (not PIN) by 5/31/08
- Offer for new checking customers only
- To maintain a FreeMONEY Checking Account, must make six electronic payment transactions (including Online Banking or Telephone Banking bill payments, ACH debit or point of sale transactions) per month.
You can apply online or at a branch. If you apply at a branch, you have to print out the coupon via the instructions at the promo page. If you apply online, I think you may still need to live in the state where they have branches (Ohio and Pennsylvania). Most of their branches are located in Pittsburgh and Cleveland.
The bank has been FDIC insured since 1984 (Certificate # 32245).
Thanks to Ryan who mentioned this promotion in the finding-the-best-deals post.