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Home › Forums › Other › OT: You know the nice thing about having virtually 0% interest in savings/cd/checking accounts? › flu wrote:Actually, if you

April 10, 2012 at 10:52 AM #741370
bearishgurl
Participant

[quote=flu]Actually, if you bank at chase, the easiest way to beat the 1% savings rate, is to take them on the “Get $125, $150, $200 on us” offer, by opening a checking account every year, maintaining a $1000 min balance (I think) to avoid any fees, and close the account after 90 days….
I’ve seen the special offers for $125, $150, and for $200. I only bite once I get the $200 offer. The other $125 and $150 offer I pass….

I mean, I know $200 these days feels like $40 yesterday. But it’s not the point. Well, I’m not sure what the point is….

I’ve done this for 4 years in row now…[/quote]

LOL, flu …. the point IS to pass go and collect $200 …. once per year.

I’ve gotten a few of these things in the mail, too. Maybe I’ll try this. I didn’t know the same person could close and reopen a new account just for the “signing bonus!” :=]