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Home > Personal Finance > Topics:  Checking & Savings
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Cash Incentives for New Bank Accounts

Submitted by: anonymous  03/19/2009 10:41 PM
 
TCF bank gave me a gift card of $50 good at Jewel Foods for opening a checking account with $25. My plan was to close the account in 90 days as per the agreement. I guess, because I have not used the account, they sent a letter saying they will add $25 if I write 4 checks in a month, use the debit card, etc. So, I will write 4 checks to myself for a dollar each. I call that free money.



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Don't forget these $25 checks will be taxable income. You will receive a 1099 Misc next year.
 
Posted by Brian on March 25, 2009 11:04 AM
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tell me how.
 
Posted by anonymous on May 13, 2009 10:28 AM
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