Bank Offers

I wrote several days ago about bank offers. You can click here to read that post. This is a great way to increase your money with little time and effort. There are several thing that yo need to ask yourself before opening up an account just to get the bonus money.

*Do they do a soft credit pull or a hard credit pull? If they do a soft credit pull , there is no negative effect on your credit report.
*What are the stipulations for the cash incentive?
*Initial balance to open the account?
*Does it require a direct deposit?
*Does it require a certain number of debit card uses? And is there a charge for the debit card use?

Once you answer these questions, you can proceed with the account if you feel comfortable.

I was paying my credit card online today and Chase had this bank offer available. I was excited about it. $125 with a new account set up. The guidelines is that you need to start the account with $100 and then within 60 days, have a direct deposit coming into the account. 10 days after the first direct deposit, the $125 will be put in your account. That is a 25% investment increase. Can't get that anywhere.

Click here or the picture above to get the information and be sure to read the terms for yourself at the bottom of the sign up page.

Please don't hesitate to contact me if you have any questions.