The Fulton Financial family of banks is again having a checking account promotion in which you can earn a nice gift. This time the gift is an Amazon Kindle Fire. To qualify for the Kindle Fire, the promotion requires that you open a checking account, sign up for direct deposit and pay three bills using online bill pay.
The Fulton Financial family has 6 banks that cover much of Virginia, Maryland, Delaware, Pennsylvania and New Jersey. You can select the bank that's near where you live from this Fulton Financial map. I checked a few of these, and all mention the promo on their home page. Here's a direct link to the Fulton Bank's promotions page. A new checking account must be opened by March 31, 2012. Below is the offer's small print:
Offer valid when opening a new retail checking account by March 31, 2012, establishing direct deposit of $250 or more within 60 days of account opening and enrolling in Online Banking with Bill Pay and making three bill payments within 90 days of account opening. The direct deposit requirement, such as Social Security, pension or payroll must be completed within 60 days of account opening. Qualifying payments are defined as any payments made using our online bill payment service. Payments to yourself do not qualify. FFC employees and immediate family members sharing a household are not eligible. Gift will be sent 6-8 weeks after the conditions above have been met. We reserve the right to substitute an item of equal value. Customers are responsible for possible tax implications. May not be combined with any other offer. Terms and conditions subject to change. Offer may be withdrawn without notice. Accounts are subject to account related fees, including non-sufficient funds or standard overdraft fees.
The banks do offer a free checking account with no monthly fees or minimum balance requirements.
The downside with any gift bonus is that the bank will likely report the gift value to the IRS. At least with a gift like Amazon Kindle Fire, the price is fairly standard. So you shouldn't be surprised by the gift value the bank reports.
Credit for this find goes to this FW thread. It was mentioned on this thread that only residents of VA, MD, DE, PA and NJ are eligible to open an account.
Here's the list of all the bank's that make up the Fulton Financial family: FNB Bank, N.A., Fulton Bank, N.A., Fulton Bank of New Jersey, Lafayette Ambassador Bank, Swineford National Bank and The Columbia Bank.
Other Bank Bonuses
We have a bank promotions page with a table of all of the active bank and credit union promotions. You can filter the table based on the type of promotion and based on your state. I have more details about how to use this page in this blog post.