Delaware Banking Rates and News
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.
With school starting soon, it's a good time to review your college savings plan options. And if you say, "What college savings plan?", you may want to consider Citizens Bank's "CollegeSaver Account," as a starting point. The CollegeSaver Account pays a $1K bonus at the end of the deposit term. You will owe taxes on the interest, as the CollegeSaver Account is not a 529, but the funds saved and the $1K bonus do NOT have to be spent on educational costs.
To qualify for the...Continue Reading
Capital One is again offering a nice bonus for new business checking accounts. It’s not as nice as last year’s bonus, but it’s still a good deal. The current bonus is $250, and it’s scheduled to last until 4/30/2014. If it’s like past promotions, Capital One will probably extend it. The promotion requires a branch visit (see below for branch locations).
Here’s the link to the promotion at CapitalOne.com, and here’s a summary of what’s required to earn the $250 bonus:
- Show this offer to a banker when you open your new...
PNC Bank has some new promotions for its Virtual Wallet accounts. If you live in one of the qualifying states, you can earn up to $400 in bonuses. This is a big increase from its past promotions. You still have to be careful to avoid monthly service charges.
Here’s the link to PNC’s $400 promotion page. The offer is scheduled to end on 8/29/2014
5/31/2014. You can open the account online or choose to have them email you a coupon to take to a branch. There are three levels of bonuses....
Manasquan Savings Bank has just launched a high-interest reward checking account under the Kasasa brand. It’s called Kasasa Cash, and it has a competitive rate and balance cap. The bank also launched three other Kasasa products. One is a savings account called Kasasa Saver and the other two are checking accounts called Kasasa Tunes and Kasasa Cash Back. Below is a summary of the rates and features of the Kasasa Cash and Kasasa Saver accounts as of 4/4/2014:
Kasasa Cash account rates and ATM fee refunds if monthly requirements are met:
Bryn Mawr Trust regularly has checking account promotions that offer some new electronic gadget. Its latest promotion offers a free Amazon Kindle Fire HDX for opening a BMT Free Checking account and for completing certain activities. As is typical for checking account bonuses, it requires direct deposit. The promotion isn’t listed at the bank’s website. A scan of a newspaper ad of this offer was posted by FW member Treefarn in this FW thread. The offer is scheduled to last until March 31, 2014. Below is a list of what’s...Continue Reading
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:
- Open a Virtual Wallet with Performance Spend online or at a branch using...
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:
- Go to the Capital One promo page, print the coupon and take the coupon to a Capital One branch
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