National City Raises Checking Account Bonus to $200
Oct 23, 2008 - 8:58 AM by Ken Tumin
National City Bank just increased the bonus amount of its latest checking account promotion from $150 to $200. It has also extended the promotion to last through 10/31/08. The promotion page is located at www.nationalcity.com/cash. It's an online-only promotion. Some of the important details of the offer include:
According to the banking rep, this promotion is limited to those who reside in states where National City has branches. Branches are located in FL, IN, IL, KY, MI, MO, OH, PA and WI. This is now also stated at the bottom of the promotion page.
National City has also been offering some very good deals on CDs (see post). Once you open this checking account, you should qualify for the extra 25 basis points on the CDs.
National City Bank is a member FDIC (FDIC Certificate # 6557).
Thanks to the reader who commented on this promotion change.
- Open any new personal checking account online by 10/31/2008 with a minimum $50
- Requires direct deposit of at least $250 and a Visa Check Card issued with issued within 60 days of account opening
- Limit of one bonus per household and available only to households without an existing National City checking account
- $200 bonus will be credited to your account within 60 days after all conditions have been met
- $200 credit is subject to 1099 reporting
According to the banking rep, this promotion is limited to those who reside in states where National City has branches. Branches are located in FL, IN, IL, KY, MI, MO, OH, PA and WI. This is now also stated at the bottom of the promotion page.
National City has also been offering some very good deals on CDs (see post). Once you open this checking account, you should qualify for the extra 25 basis points on the CDs.
National City Bank is a member FDIC (FDIC Certificate # 6557).
Thanks to the reader who commented on this promotion change.
Tags: Indiana, Mississippi, Illinois, Pennsylvania, Kentucky, Wisconsin, Missouri, Ohio, checking account, Florida
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trinidon2k (anonymous) - #1, Thursday, October 23, 2008 - 9:50 AM
Sweet. I'm glad I got lazy over the weekend and didn't open one up. Thanks for the heads up Ken!
Anonymous - #2, Thursday, October 23, 2008 - 10:59 AM
What is a valid direct deposit?
Can I just make a ACH from another bank?
Thanks
Anonymous - #3, Thursday, October 23, 2008 - 2:00 PM
Hey, they're willing to give you $200 here. Why not do a REAL direct deposit, like they obviously intend?
Anonymous - #4, Thursday, October 23, 2008 - 2:18 PM
Probably because that person, like me, is self-employed and can't do a 'real' "direct deposit".
Think before you post.
Anonymous - #5, Thursday, October 23, 2008 - 4:11 PM
you: OK, To get this bonus it takes a ACH Direct Deposit of $250 or more correct?
you: takes an ACH
Katie: yes that is correct. You need to make that deposit within the first 60 days of opening the account
you: OK, I checked with my employer and they won't split my direct deposit up anymore... If I split it thru an outside bank to bank transfer and its ACH will that be sufficient?
Katie: yes, that will work
Katie: any type of ACH will work
Direct from National City Customer Service
Anonymous - #6, Friday, October 24, 2008 - 7:10 AM
some of us are currently unemployed & can't make a 'real' "direct deposit" too.
trinidon2k (anonymous) - #7, Friday, October 24, 2008 - 8:21 AM
National City just got bought out by PNC. Will they still pay out the bonus?
Anonymous - #8, Saturday, October 25, 2008 - 1:45 AM
Is an online transfer from Etrade or ING considered ACH?
the Ramen Noodle (anonymous) - #9, Wednesday, October 29, 2008 - 3:51 PM
Bummer. They only allow me to make my initial deposit via another National City account, mail, or at the branch.
I think the security was asking me questions about my grandfather that I had no idea. I hope that doesn't come back to bite my application.
Anonymous - #10, Thursday, November 6, 2008 - 4:58 PM
The revised promo has to be a direct deposit via switch service, so a regular ACH would not work.
Anonymous - #11, Tuesday, February 10, 2009 - 8:45 AM
Look like National City fucked me...I opened an account on 10/31/08...the deposit came through a couple weeks later which apparently made me inelgible for the promo. Looks like they will squeeze every penny out of you and fuck you good.
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