Browse through the stories below to view current deals for Delaware banks or select an item from the menu bar above to view current rates in Delaware.
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:
Update 1/10/14: The savings account promotion has ended.
If you live in the market area of Capital One Bank, customers can get a good savings account deal. This is similar to Capital One’s past checking account promotions. It’s the Smart Savings Account, and a high rate is guaranteed on all balances for 12 months. The guaranteed APY is 1.00% for most Capital One market areas. It’s only 0.70% for the Austin, Texas metro area and only 0.40% for Louisiana. Thanks to DA member stormdog123 for posting on this in the...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
In the last month we’ve seen several small banks and internet banks come out with 2%+ 5-year CDs as Treasury yields have risen. M&T Bank is the largest bank that I’ve seen to come out with a 2% 5-year CD in the last month. It’s currently offering a 5-year promo CD with yields that range from 1.97% to 2.22% depending on your location. You can see the rates available in your area from this M&T Bank CD page. You first have to enter your zip code to see the rate...Continue Reading
Capital One continues to offer a nice bonus for new business checking accounts. The bonus amount is $300, and the promotion is scheduled to last until 8/31/2013. It requires a branch visit (see below for branch locations). When I last reported on this promotion in January, it had an April end date. So I wouldn’t be surprised if the expiration date gets extended again.
Here are the steps to earn the $300 bonus:
If you live in the market area of Capital One Bank, new customers can still get a good checking account deal. They have been offering this deal for awhile, and I’m still seeing it advertised. It has become a better deal as rates at other banks have fallen. Capital One is guaranteeing a promotional rate (1.00% APY for most areas) for balances up to $100,000 for the first 12 months. Details of this promotion are listed at the Capital One High Yield checking page. Note, it will only show if...Continue Reading
If you live in the market area of Capital One Bank, new customers can get a good checking account deal. They're guaranteeing a promotional rate (1.00% APY for most areas) for balances up to $100,000 for the first 12 months. Details of this promotion are listed at the Capital One High Yield checking page. Note, it will only show if your zip code is in their market area.
This 1.00% APY promotion appears to be offered in all of Capital One market areas which includes Washington DC, Delaware, Maryland, New Jersey,...Continue Reading
Dover Federal Credit Union is offering some very competitive long-term CD and IRA CD rates. Minimum deposit is $500 for CDs and $2,000 for the IRA CDs. Below are the best CD rates as listed in the credit union's rates page as of 8/22/2012.
Credit union membership is open to many US military members based in Delaware. There's also a long list of select groups and organizations. Employees and members of these may also be eligible for credit union...Continue Reading
Update 6/11/13: The promotion has regularly been extended. The latest expiration date is 7/27/2013.
PNC Bank has increased its checking account bonus from $100 to $150. It has also made a change to the requirements. As before, customers will have to be careful to avoid fees. One of the qualifying checking accounts is Virtual Wallet with Performance Spend which is an "upgraded" version of Virtual Wallet, and it has potential monthly fees.
Here's the link to PNC's promotion page. The offer is scheduled to end on 7/27/2013
9/30/2012. You can open the...
Update 12/14/2012: The checking promotion has been extended to December 31, 2012.
These Sovereign Bank promotions aren't anything to get excited about, but in today's environment, they may be something to consider if you're looking for a checking account bonus or a decent CD rate. With some of these accounts, you'll have to watch out for fees. Like at other banks, it has become harder to avoid some of the fees.
For the checking account promotion, Sovereign Bank is offering up to a $125 bonus for opening a checking and...Continue Reading
I don't usually come across competitive reward checking accounts that I haven't already reviewed, but I came across one at Del-One Federal Credit Union which is offering a reward checking account called Better Life Checking. The account has the following rates and features if certain monthly requirements are met (as of 5/9/2012):
Monthly requirements include:
There is no monthly service fee and no minimum balance. Please refer...Continue Reading