Some of the banks under the bank holding company Central Bancompany are offering a $100 bonus for opening their MyChoice Checking and their SaveUp Savings. Two banks offering this $100 bonus include Boone County National Bank in Missouri and ONB Bank and Trust in Oklahoma.
The links to the promotion pages are in the flash displays on the banks' home pages. Here's the promo page for Boone County National Bank, and here's the promo page for ONB Bank and Trust.
This seems to be an easy bonus with no direct deposit required. Some of the details include:
- Promotion ends 10/31/2010
- $50 minimum to open the Free Checking account
- $250 minimum to open the SaveUp Savings account
- No minimum balance required to receive incentive
- Monthly fee of $2 when SaveUp Savings account balance falls below $50
- Incentive reported to the IRS as interest
- If account is closed within the first 90 days, a fee may be imposed
One important note about the MyChoice checking is that there's a $3 monthly fee unless you have one of the following: 1) $750 average daily balance, 2) ACH direct deposit, or 3) 10 monthly debit card purchases.
The SaveUp Savings Account is probably not a savings account where you'll want to keep a large balance. The current interest rate is only 0.50% APY, and that requires monthly automatic transfers from any checking account. Otherwise, the rate is cut in half.
This Central Bancompany page lists its family of banks along with the links to the banks' websites. This is a similar promo they were offering last year. However, fewer of the banks seem to be participating. Some are only offering $50.
The banks have branches in Missouri, Kansas and Oklahoma.
Credit for this find goes to markber at iBankDesign.
Other Bank Bonuses
For other checking and savings account bonuses from other banks, please refer to this Bank Bonuses page.