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Although we may all know that National City Bank is to be sold to PNC Bank by the end of this year. It seems that this deal got some troubles. Rep. Steve LaTourette, an Ohio Republican wrote a letter to Henry Paulson and asked for an immediate investigation into PNC’s recently deal to acquire National City Bank. Even the GOP president candidate John McCain says he supports a probe as well. According to the latest news, a Delaware law firm has filed a class-action lawsuit against National City Corp., its board of directors and PNC Financial Services Group over PNC’s purchase of National City.

Although there is so many troubles out there, National City Bank is continuing to attract more new money from new customers by offering great sign up bonus opportunities. The previously reported $200 bonus for opening a new National City Checking Account onlie has expired on Oct. 31, 2008. But there is a new promotion just released: $150 National City Visa Gift Card for opening a new checking account. This time you can also open a new checking account at your local branch! And the promotion time has been extended to the end of 2008!

This is definitely a great opportunity to open a new checking account at National City Bank either online or at local branch. This sign up bonus is even better than the all-year-long Chase checking account bonus.

Here is how to get the $150 bonus:

1. Open any new personal checking account online, at a branch or by phone by 12/31/2008 with a minimum $50.
2. Set up a direct deposit to your newly opened checking account with at least $250 per month. Direct deposit must be received within 60 days of your account opening.
3. Make 10 check card purchases within 60 days of account opening.
4. Limit of one bonus per household and available only to households without an existing National City checking account.
5. Visa gift card will be mailed within 60 days after all conditions have been met.

The most important part is how to establish a direct deposit to National City Bank. Someone might not want to direct their payroll to National City. Some may have already had a checking account at Chase which also requires direct deposit. Actually, all ACH transfer will be counted as direct deposit. In this way, ING and PayPal should work. But I’m not sure.

Since National City branches located only in IL, MI, IN, FL, KY, MO, OH, WI and PA, only the residents in the above states can participate in the promotion.

The promotion page can be found at www.nationalcity.com/cash.