Saving Money at the Bank
Columbus, Ohio -- While banks are competing -- literally throwing money at customers to get their business -- can you pick up quick holiday cash by just moving your money?
Key Bank is giving $225 for opening a checking account. But, here's the fine print: you must make one debit card transaction and two direct deposits of $100 or more, and the checking account carries a high minimum balance.
The deadline for Key Bank's offer is November 20.
At Citizens Bank, get $100 for starting a checking account with no minimum balance. But, it requires enrolling in direct deposit, use online bill pay and use a debit card.
Chase Bank is offering $100 to anyone opening a checking account -- with a deposit of at least $500. You must use your debit card five times and there's a 20 percent return on your investment.
Capital One's online banking will give you $50. But, you must have $10,000 in the bank on November 25.
Financial experts say if you can keep track of your account and you're aware of the fine print, then there's nothing wrong with taking advantage of the incentives.
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