Update: Get 2012′s top bank deals here.
In general, the landscape for checking accounts has become one riddled in fees, especially for those with less assets with the bank. In the Fall of 2012 many of the country’s largest banks began imposing new checking fees in an attempt to find new revenue streams. Since the immediate wide-spread backlash that followed this announcement many banks rescinded these fees, however a number of banks still impose them if you go below a certain minimum balance. US Bank’s “Easy Checking” fees currently kick in when/if your balance dips below $1500, so be sure to pay close attention to your account balance at all times. A fee of between $8 and $10 will be imposed if you dip below this number. You may also avoid this fee if you have a direct deposit of at least $500 entering the account each month. Visit USBank.com for further details.
- Offer from Archive -
Thanks to BankVibe reader, BloggingBanks.com who tipped me off on a sweet deal going on this month through US bank. Currently, US Bank is giving away $100 when you open one of two different checking accounts. To receive the bonus either open their “Platinum Package” or “Gold Package” and deposit $50 into this account by March 31st, 2009.
As always, pay close attention to the fine print before signing up for this deal.
Terms and Conditions
- Set up a recurring direct deposit of at least $100 within 60 days of account opening.
- Your bonus will be reported as interest earned on IRS Form 1099-INT and will be credited to your new checking account within 6-8 weeks after direct deposit is established assuming account is open and in good standing.
- Offer may not be combined with any other cash bonus or marketing offers. One offer per household. Offer is not transferable. Deposit Products offered by U.S. Bank, N.A. Member FDIC.
- $50 minimum to open account
Checking account bonus offers have been fairly abundant this year. Banks around the country are desperately trying to reach out to new customers in anyway they can. Using a cash bonus as incentive, has been a very successful marketing ploy for many of the nations top banks (especially those with an online presence).