There are a lot of articles telling you how to invest with only $100. There is an article at MSN.com says $1 in 1972 will turn into $30 or more around 2000. Yes, it’s true. However, we can’t wait so long. Considering the inflation rate, it’s quite possible that the purchase ability of $30 in 2000 will be less than $1 in 1972. So here I summarize a way to get huge rewards for just only $100. This idea has been in my mind for a long time since I just started writing blog. Of course, it will take you a lot of time to finish this “investing project”.

Note: Only nationwide offers are considered. The financial institutes listed below are always offering sing-up bonuses. So you don’t have to worry about the expiration date. When you are ready for the next step, you’d better google the current bonus before opening a new account.

Open a MyAccess Checking Account at Bank of America and you will get $100 in about 45 days. (If you are lucky enough, you will get $200. I got $200 but I don’t know why.) No direct deposit required, and no monthly fees associated with this account.

Then you will have $200 in hand. You can open a checking account at Wells Fargo and Wachovia. Either of them will give you $50 bonus. The required minimum initial deposit is $100 each. So after 2 month, you will get $300.

The nest step is to open an account at ING? You can get $25 bonus which is available in 30 days.

Ok, right now, you have the “direct deposit machine” to play direct deposit at Chase. Open a Chase Free Checking account with direct deposit with $100 initial deposit. (Use the account at ING to send a small amount to the account monthly.) You will have $100 bonus 30 days later. (If you can find a $125 coupon, you will get $125.)

So you will have $425 at this time. You might want to choose LaSalle to get another $100. This time they require $250 at checking and $100 at saving to qualify for this offer. Present customers are also eligible for this offer as long as you open the account with new money.

Then you will get $525 after you get $100 from LaSalle. You can open a Citi Ultimate Saving Account to get $50 bonus. You can also get $25 from E*Trade Complete Saving Account and Capital One Money Market Account. They both require $1 to get the bonus. So you will have $625 after you get all the bonuses.

Of course, you can get $50 from ShareBuilder with lots of promotion codes available. Considering the commission fees should be deducted, you will get $30 from it. So you can get $655 at this time. You can also participate in the Keep the Change program at BOA which will bring $250 to you in a year.

At last, you can also get $250 potential money by referring your friends to open accounts at ING. Anyway, after the “Investing Project”, you can get as high as $1155! It’s an unbelievable amount!