Browse through the stories below to view current deals for California banks or select an item from the menu bar above to view current rates in California.
M&T Bank has long been offering promotions for its MyChoice Checking account. In the latest one you can earn a $100 cash bonus for opening the MyChoice Checking Account and setting up direct deposit. The promotion is scheduled to last until 6/27/2014. Please refer to the bank’s promotions page for the full details.
The offer’s small print has the details about the direct deposit requirements and what qualifies as direct deposit:
MyChoice Checking is not a free checking account. According to the MyChoice Checking page, there's a $6.95 monthly fee unless you...Continue Reading
PNC Bank has started to offer a $200 checking account bonus. This is an upgrade to the bank’s usual $150 bonus. You still have to be careful to avoid monthly service charges. Here’s the link to PNC’s promotion page. The offer is scheduled to end on 2/28/2014. You can open the account online or choose to have them email you a coupon to take to a branch. Here's a summary of the requirements to qualify for the bonus:
Fifth Third Bank has a new checking account promotion. They’ll give $150 to Stand Up To Cancer and $150 to you when you open a new checking account with direct deposit and make three online bill payments. The account must be opened by March 31, 2014. The direct deposit and the three online bill payments must be completed within 90 days of account opening to qualify for the bonus. Bonus will be deposited into the new checking account within 6 weeks of completing requirements. The full details of this offer...Continue Reading
Huntington Bank has again come out with a sign-up bonus for its Asterisk-Free Checking. This is one of the rare free checking accounts that still exists at big banks. It has no monthly service fee or minimum balance requirement.
It’s a $150 bonus. Here’s the link to the bank’s promotion page. It’s scheduled to end on 3/14/2014. The bonus is now easier to qualify for. Unlike last year, there’s no debit card usage requirement. This one only requires the following two steps:
We’re not seeing as many new reward checking accounts as we used to, but we still see a few new ones. A reward checking account and savings account under the Kasasa brand were recently launched by Hopewell Valley Community Bank in New Jersey. New Kasasa accounts typically don’t have the high balance caps that we were used to a few years ago. That’s the case at Hopewell. Nevertheless, these new Kasasa accounts can still be a good deal for those in the Hopewell market area looking for a local free...Continue Reading
Fifth Third Bank has come out with some new CD specials. There are two changes from Fifth Third’s CD promotions from last fall. For most of Fifth Third’s market area, the bank is offering a 1.75% APY 5-year CD. For the Florida market, this long-term CD promotion is a 2.00% APY 6-year CD. The other CD promotions are the same as last fall with a 1.50% APY 4-year CD, a 1.25% APY 38-month CD and a 1.00% APY 28-month CD. Minimum deposit is $5,000, and a new or existing checking...Continue Reading
Indiana First Bank has recently started to offer reward checking and savings accounts under the Kasasa brand. The high-interest reward checking account is called Kasasa Cash, and the companion savings account is called Kasasa Saver. Both have competitive rates and balance caps. There’s also a checking account called Kasasa Cash Back that can be a good deal for those who plan to maintain a small balance. Below is a summary of the rates and features of the Kasasa Cash and Kasasa Saver accounts as of 10/10/2013:
Kasasa Cash account rates and...Continue Reading
Another credit union has raised its 5-year CD rate over 2%. The latest one is American Heritage Federal Credit Union in Philadelphia. It has two special 5-year CDs. One is an “OnLine Teller Special” with a 2.10% APY. The other is an in-branch special with a 2.05% APY. IRA certificates are not eligible for the online special. Minimum deposit is $1,000. These rates are listed in the credit union’s rates page as of 9/26/2013.
The credit union’s CD details are listed in its Truth in Savings for Certificates document. This is...Continue Reading
We’re now seeing some large banks raising their long-term CD rates. The latest is Fifth Third Bank which is offering a special 4-year CD with a 1.50% APY. You can get a higher 4-year CD rate at a few internet banks and credit unions, but this 1.50% APY is competitive especially for large banks. There are also shorter-term CD specials: a 1.25% APY 38-month CD and a 1.00% APY 28-month CD. Minimum deposit is $5,000, and a new or existing checking account is required. These rates are listed in Fifth...Continue Reading
Update 2/17/2014: This promotion has come back. It's now scheduled to last until 2/28/2014.
Dollar Bank has brought back its checking account promotion in which you can earn up to $150. To get the full $150 requires debit card purchases, direct deposit and waiting for one year. The full details are listed in the bank's promotions page. The offer is scheduled to end on 9/30/2013.
The first $50 is paid as a rebate on your signature-based debit card purchases. The second $50 is a credit for receiving cumulative direct deposits of $250...Continue Reading
This is another case of a bank raising long-term CD rates. Dollar Bank raised its 10-year, 6-year and 5-year CD and IRA CD rates this week. The most competitive ones are now its 6-year and 10-year CDs. The 6-year CD has a 2.00% APY and the 10-year CD has a 2.75% APY. The 5-year CD is not quite as competitive with a 1.50% APY. Slightly higher rates are available with CD ladder and relationship options. These rates are listed in Dollar Bank’s rates page as of 8/23/2013.
Dollar Bank’s early withdrawal...Continue Reading
PNC Bank continues to offer a $150 checking account bonus. Since my last report on a PNC checking promotion, new fees have been announced. So it will require more caution for those who decide to give this promotion a try. Another change is that the promotion is available in fewer states (see below for the list of states).
Here's the link to PNC's promotion page. The offer is scheduled to end on 9/30/2013. You can open the account online or choose to have them email you a coupon to take to...Continue Reading