Banks: We'll give you money to save money [CNNMoney.com]

When I rest 6% match, the fatwallet part of my brain went off. This will probably have a cap as you mentioned, in fact I just emailed them for specifics. Every once and a while there is a ridiculously good deal like this that somehow slips by, since most people won't take it too the extreme. I'll keep an eye on this one, thanks for posting this! Btw, I would love to see an article listing all banks that accept Credit Card funding of CDs. Citibank is largest I know of, BOA is another that is supposed of offer it but has low caps.

"We'll give you money to save money."

What a novel concept! In previous decades, that money given for saving was called "interest." Now, they want to woo you with one-time bonuses and still give you 0.10-0.25% the rest of the time. Perhaps they're losing business to credit unions and online savings banks, both of which offer substantially better (though still poor) returns