Dimes Add Up With A Green$ense Bonus

Posted by admin 12 September, 2009 Comments Off

Checking account customers at Citizens Bank and Charter One Bank can earn a dime every time they make an electronic transaction.

All you have to do is enroll your account in the banks’ Green$ense program and follow a few extra rules.

Charter One and Citizens banks have a bonus that pays 10 cents for every electronic transaction.Basically that means getting all of your statements online and making at least 10 debit card purchases or online bill payments a month.

The marketing spin behind this effort is that using “less paper is good for the environment,” hence the name Green$ense.

All types of personal checking accounts are eligible, but to get one you usually have to live in one of the 12 Northeastern and Midwestern states where Citizens and Charter One have branches. (Both are owned by Citizens Financial Group, based in Providence, R.I.)

Although it’s possible to make as much as $120 a year with Green$ense, you’d have to average a staggering 100 debit card purchases and online bill payments a month to do so.

We suspect the annual bonus will be more like $30 or $40 for most customers.

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Credit Cards Rates, Fees Keep Going Up

Posted by admin 12 September, 2009 Comments Off

Well, you can’t say they didn’t warn us.

The banks are making good on their threat to raise interest rates if Congress approved the Credit Card Accountability and Responsibility Act of 2009.The banks threatened to go on a rate-raising, fee-hiking, rule-writing rampage if Congress approved the Credit Card Accountability and Responsibility Act of 2009.

It did and the result has been an unending stream of letters from my credit cards making good on that threat.

But I still find it ironic that the most recent arrived the day after the first few provisions of the law intended to protect me from the credit card industry’s worst abuses took effect.

READ THE ENTIRE POST.

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WTDirect Up To $250 Bonus

Posted by admin 7 January, 2009 (0) Comment

WTDirect has launched a winter promotion for their 3.06% APY online savings account. Not really the HOTTEST deal out there, but worth mentioning.

OPEN a new account — use promotion code “WTG3DNC”
LINK an existing bank account to your new WTDirect account during the application process.
FUND your new WTDirect account by initiating an online transfer by 12/22/08.
EARN your bonus — calculated by determining the average balance from 1/1/09 – 2/28/09.
During that time, you will have 100% access to your funds.
RECEIVE your cash bonus in mid-March. It will be deposited directly to your WTDirect account.

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