Archive for March 4th, 2009

Carrots and Sticks for Credit Card Users

Wednesday, March 4th, 2009

We previously mentioned American Express was paying some customers to go awayAccording to SmartMoney.com, while American Express and others are using carrots to get rid of customers others are using sticks.  Apparently, Citibank is encouraging its debtors to make larger payments by giving a little bonus for certain customers who pay more than the minimum payment.  And Chase seems to have taken a different approach, charging an extra fee for customers who maintain high balances. 

If you have gotten a carrot or a stick from your credit card issuer, please share the details in the comments below for the benefit of our community. 

See:
http://moneycafe.com/blog/2009/02/american-express-paying-customers-to-go-away/
http://finance.yahoo.com/banking-budgeting/article/106646/Card-Issuers:-How-Can-We-Make-You-Go-Away

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$100 Bonus with New M&T Bank Account

Wednesday, March 4th, 2009

Open a new checking account at M&T Bank and get up to a $100 Bonus.  This offer is available until April 4th on a number of different types of checking accounts when you have direct deposit service.  This offer may not be available in all areas, but their website lets you check by your zip code.

WAMU has a similar offer that we previously reported.

See:
http://checking.mtb.com/
http://moneycafe.com/blog/2009/01/wamu-free-checking-get-100/

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Open a ShareBuilder Account, Get $50 Bonus

Wednesday, March 4th, 2009

ShareBuilder is offering a $50 Bonus for opening an account and transferring your current brokerage account.  ShareBuilder is an investment service that claims to make investing easy and affordable for everyone.  They offer reduced commissions and have eliminated account minimums and maintenance fees.  More information about their accounts is here.

ShareBuilder- Welcome page

See:
http://content.sharebuilder.com/mgdcon/jump/consumer/transfer/index.htm

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