The famous TCF “Cash is King” Event has come back! You can get $100 cash bonus if you open a free checking account with direct deposit and make 5 debit card transactions within 30 days of account opening. This promotion expires on April 30, 2008.

To receive the offer, you have to:

1. Open a TCF free checking account;

2. Set up your direct deposit to TCF checking accout before May 31, 2008;

3. Make 5 debit card purchases within 30 days of account opening;

The Totally Free Checking Account has no monthly service charges and no minimum balance requirements. Plus you will get free online bill payments!

According to the fine print, the offer is only available in Colorado, Michigan and Minnesota.

©2008 TCF National Bank. Member FDIC. *New accounts must be opened between March 1 - April 30, 2008. To qualify for the $100 Cash Offer, a direct deposit of $25 or more from a third party source must post to the new account by May 31, 2008, and account owner must make five purchases using their new TCF Check Card within 30 days of account opening. Offer is available to individuals and small businesses without a TCF Checking account in the past 90 days. TCF reserves the right to cancel or modify this promotion at any time. Customer is responsible for all applicable taxes. $100 Cash Offer will be automatically deposited directly into the customer’s new checking account within 6-8 weeks of account opening, assuming all conditions are met. Offer not available in IL, IN, WI, or AZ. Visit your neighborhood branch for local promotions in your area

The details can be found here.

Here is another $100 bonus from Nationl City:
According to a National City employee, National City Bank is also offering $100 cash bonus for a new Work Perks checking account with direct deposit. This offer is valid from 3/3/2008 through 3/21/2008. An ACH direct deposit of your paycheck for at least $250 must be received in 60 days with account opening. Offer is limited to new customers without a personal checking account at National City. At last, you have to open the Work Perks checking in branch.