Get A Card, Get A Great CD Rate

Posted by admin 23 August, 2009 Comments Off

If you can qualify for a Citi Secured MasterCard, you can take advantage of one of the best CD rates around.
If you can qualify for a Citi Secured MasterCard you can one of the best CD rates around.
The collateral you post for the card — up to $25,000 — is invested in an 18-month certificate of deposit paying 4.07% APY. That’s considerably more than the 2.25% special Citi is currently advertising.

But to qualify for the card, you’ve got to be credit newbie. MORE

Related Posts:Citi PremierPass Credit Card OfferOrchard Bank 7.90% Secured MasterCard$100 Citi Professional w/ ThankYou® Network Gift Card OfferPay Off Your Credit Card With 0% InterestTop Best Cash Back Credit Cards

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USAA Hits 1 Million Mobile Users; Grabs Great Press Coverage with Remote Deposit Feature

Posted by admin 10 August, 2009 Comments Off

 

image The New York Times ran a positive piece on USAA’s mobile efforts today, leading with the bank’s innovative mobile rimageemote check deposit service. A feature the bank announced in June and is rolling out next week.

USAA is the first major financial institution to use the iPhone’s camera to allow customers to upload paper checks for automatic deposit. However, it was beaten to market by tiny WV United FCU, which launched a cruder version two weeks ago (previous post).

Seven-million-customer USAA now has one million mobile users, a 14% penetration rate, up from 11% in May. It’s the second U.S. financial institution (after Bank of America with more than 3 million; see note 1) to officially hit the million mark, though Chase/WaMu and Wells/Wachovia are believed to have passed that milestone last year.

Financial institution lesson: Mobile banking, and the iPhone specifically, still make a great story for the press (and customers). If you’re first in your market with an iPhone app, or some other mobile milestone, let the media know.

Categories : Mobile Banking Tags : , , , , , , ,