Comments For: $200 Checking Account Bonus at Union Bank in CA, WA and OR

Union Bank is offering up to $200 for opening its Signature Banking Checking account and for establishing qualifying services. The Signature Banking Checking has a high minimum balance requirement so this isn't a great deal, but it may be worthwhile to a...

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Anonymous - #1, Monday, December 28, 2009 - 9:16 AM CT

bonus is also available for opening a free checking account

https://www.unionbank.com/campaigns/offers/japanese_ny.jsp

$50, expires Dec 31, 2009

https://www.unionbank.com/campaigns/offers/nijiya.jsp

$50 Nijiya Market gift certificate, expires Feb 28, 2010

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Anonymous - #2, Monday, December 28, 2009 - 9:25 AM CT

.

Union Bank also offers Market-Linked Certificates of Deposit products that are FDIC insured.

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Anonymous - #3, Monday, December 28, 2009 - 10:46 AM CT

This is not a bad deal considering that you get a $200 bonus shortly after opening and that you can keep a combined balance to meet the requirements, thus you get a fairly competitive savings rate as well. This is one of those open up - get bonus - close after three month deals. Yes, It's tedious and a bit silly, but it has a good return for the short term.

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Anonymous - #4, Wednesday, December 30, 2009 - 4:21 PM CT

I inquired about this at a branch. The small print is a bit misleading in that you have to make the 3 billpays in the months of Feb and 3 more in March, in addition to 5 debits both in Feb and in March. Also, you can only fund it with cash or check. I went in and tried to open an account and was planning on ACH from online savings and you can't do that. Pretty sad. It's pretty new and doesn't seem like they know what's going on just yet. From the looks of it, you actually don't need to do anything in January since you have till 1/31 to open the account, so it's just Feb and March you need to make sure you do the transactions. With the 1.5% savings that BG pointed out, I think it's worth doing the deal since you can keep all the funds in there except for the small amount to fulfill the reqs.

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Anonymous - #5, Friday, January 1, 2010 - 11:00 PM CT

we opened the account last week. I agree with the above comment - seems like even the bank employees don't have the exact details on what the requirements are for getting the 200 bucks.

One thing though - the savings account rate of 1.5% has expired as of dec31st. The new rate is not known yet and could be a measly 0.05%, unless there is some other promo

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Anonymous - #6, Sunday, January 3, 2010 - 3:50 AM CT

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larkin - #7, Tuesday, January 5, 2010 - 3:02 PM CT

The rate of their preferred savings is down to 1.01%.

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larkin - #8, Wednesday, January 27, 2010 - 5:49 PM CT

Opened my accounts this afternoon. I put 10k into their Preferred Savings at 1.01% to avoid the monthly service charge. I look at it as a 3-month ~9.31% CD (~$25 interest plus the $200 bonus). After April 30, I'll pull the money out and go on to the next deal.

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Comments For: $200 Checking Account Bonus at Union Bank in CA, WA and OR

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