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Dime Savings Bank at New York is offering huge sign up bonus from which you can earn up to $300. This is the best sign up bonus in this year as far as I know. This promotion is even better than the Citizens Bank’s $220 bonus mentioned several days ago. I have never seen a bank like Dime Savings would place their promotion in their website so clearly. The promotion is listed as the start landing page of the homepage of Dime Savings Bank (www.dimewill.com). The promotion is scheduled to end on 11/15/09. There are two different accounts to choose from: (1)  Prime Dime Rewards Checking-$300 bonus; (2) Dime Rewards Checking-$225.

How to get the $300 bonus from the Prime Dime Rewards Checking Account?

• $100 for opening a new account opening (paid on the spot!)
• $100 for setting up direct deposit to the new account
• $100 for completing two online bill payments

The last two awards will be deposited to your account after 6 months.

The $225 bonus for the Dime Rewards Checking Account is similar to above Prime account other than that only $75 is awarded for each banking activity.

The only difference between Prime and non-prime account is the requirement of average daily balance. For the Prime Dime Rewards Checking Account, $15 monthly maintenance fee will be charged if average daily balance is under $5,000. For the Dime Rewards Checking Account, $12 monthly maintenance fee will be charged if average daily balance is under $2,500.

This account can be opened nationwide and a hard inquiry will be performed by the Dime Savings Bank.

Capital One is offering $50 bonus for opening a new savings account online and make $10,000 deposit. This is a great opportunity to earn extra money if you are seeking for a savings account now. If there is a Capital One branch near you, you can get a debit card from Capital One and join the SmartCents Program which is a similar program as the Keep the Change at Bank of America.

The promotion page about this $50 bonus is here. In order to get the bonus, you have to keep the following points in mind:

• Offer code is SAVER50DF
• Savings account must be opened online by 11/25/2009
• You have to be new to Capital One Direct Banking
• At least $10,000 must be on deposit on 11/25/2009 to Get the Bonus

One KEY FEATURE of  this account is absolutely NO FEE! Service and maintenance fees don’t apply for this account!

The SmartCents program of the Capital One Savings Account has some features:

• Every time you make a debit card purchase or pay a bill online, 50 cents of your money is transferred from your checking to your savings and Capital One matches 100% of your eligible SmartCents transfers made within the first 3 months, and 5% after that (there is $300 yearly cap).
• Get $15 for your first direct deposit plus an extra $15 for your first online bill payment (total $30)
• You need to have a checking account to work with a savings account to be eligible to join this program

Discover Bank is offering $25 for opening a new CD account online. This offer is listed in this week’s TIME Magazine. This offer is valid through 12/31/2009. You have to make a new $2500 fund in your new CD account within 3 0 days of account opening.

You can open a new CD account online at www.discoverbank.com/CDoffer or call Discover at 888-201-8544.

You have to enter the promotion code D120174 to qualify for this offer. Please remember that this offer is good for a one year CD. Another feature of the CD account at Discover Bank is that if you lose your job you can withdraw your funds early with NO Penalty.

If you are on the market for a good CD rate and sign up bonus, the CD offer from Discover Bank if a good choice.

Bank of America is offering $35 bonus for making 3 bill pays from your accounts at Bank of America. The promotion link is here. Depending on how many times you use your Bank of America’s account, you can get either $25 or $35 bonus.

• $35 for making 3 bill payments within 30 days of enrollement
• $25 for making 2 bill payments within 30 days of enrollement

You need to use your name, address and last 4 digits account number to make register your account to enroll in this promotion.

Terms and Conditions:

This is a special limited time offer available to existing consumer and small business customers who have not made a bill payment with Bank of America Online Banking within the last 6 months. Offer cannot be combined with any other offer and is limited to one incentive per customer. Customers will get $35 if they use our Online bill payment service to pay three bills from their checking account within 30 days . If instead two bills are paid within 30 days, the incentive is $25.To get the $35, Small Business customers may instead enroll in Online Business Suite Direct Payments service and make three payments within 30 days. If instead two bills are paid within 30 days , the incentive is $25. Direct Payment Service requires Internet access, and Internet service provider fees may apply. This service is not available in Washington or Idaho. If we determine that you meet all the terms of the offer, we generally pay the incentive within 90 days. We may deposit the incentive directly into the Bank of America checking account you used to register for the promotion or we may mail a check to the address listed in our records for the checking account. We may report to the IRS the value of the incentive we pay to you and you are responsible for any applicable taxes.

Citizens Bank has a checking account promotion from which you can easily earn $100. At the same time, from Green$sense program at Citizens Bank customers can earn up to $120 per year from this program. The Green$sense at Citizens Bank is quite similar to Bank of America’s Keep the Change program. So you can earn up to $220 bonus from Citizens Bank.

The details of this promotion is listed at http://www.citizensbank.com/220. This promotion ends on November 13th, 2009.

Here is how to get the bonus:

• Set up a Direct Deposit of $500 or more $50 Cash
• Make 5 Online Bill Payments Want to learn more? View our Online Demo $25 Cash
• Make 5 Debit or Credit Card purchases $25 Cash
• Enroll in Green$ense™ We’ll pay you to go paperless $120 Cash

This is a good time to earn bonus from Citizens Bank which is the first time mentioned here at MyCardBlog.com. You can open a new account online through the promotion link, or visit local Citizens Bank, or call 888-411-7442.

Fine print:

To qualify you must open your first new checking, debit card or credit card account between October 1 and November 13, 2009. You must not be or have been a signer on any personal account within the prior six months. Student Checking accounts are not eligible. If you meet these conditions and have at least 1 electronic Direct Deposit of $500 or more you will be paid a $50 bonus. If you make at least 5 online bill payments using our Online Banking site, you will be paid a $25 bonus. If you make a minimum combination of 5 signature-based purchases (non PIN purchases) using your Debit Card or Credit Card you will be paid a $25 bonus. All requirements need to be met by December 31, 2009. All bonuses will be paid by 2/28/2010 and reported to the IRS. Checking account must remain open for at least 6 months or the amount of the banking bonus will be debited from the account at closing.

The Green$sense program is a program associated with savings account at Citizens Bank. The principal is very simple:

With Green$ense, we’ll pay you 10 cents every time you pay without paper – like when you use your debit card, pay a bill online, or have an automatic payment charged to your checking account or debit card. You can earn up to $120 a year!

HSBC is offering great bonus for opening a new business checking account and making some easy banking activities. The bonus is a Dell mini 10v netbook or $150 Staples gift card or 30,000 bonus rewards points which can be redeemed as $250~$300 gift cards. If you want to make money, this is a great chance as long as you are qualified to open a business account at HSBC.

This promotion is available to new-to-bank HSBC business checking account customers who open an ExtraVantage Checking for Business, BusinessSmart for Professionals, or Business Direct from HSBC checking account by November 13, 2009. Other than open a new business account, you also need to open an HSBC Debit MasterCard BusinessCard with PayPass™ and make three purchase transactions within 45 days of account opening to get the bonus.

Fine print:

To be eligible to receive the gift, new to bank customers must open an ExtraVantage Checking for Business or BusinessSmart for Professionals account by November 13, 2009 and open an HSBC Debit MasterCard BusinessCard with PayPass™ and make three purchase transactions within 45 days of account opening. Depending on purchase amount, signature may be required. Transactions from unauthorized card use or made with lost, stolen or fraudulent HSBC Debit MasterCard^® BusinessCard with PayPass™ cards are void. The cost of the gift will be reported on IRS Form 1099 (not applicable to tax exempt businesses). Limit of one nontransferable gift per business customer or business group. Account adjustment transactions/returns are not considered eligible for this offer. Offer not combined, good while supplies last and expires on November 13, 2009. Any gift not redeemed by March 31, 2010 will be forfeited.

Link to the promotion page is here (click me!).

I mentioned the TD Ameritrade $100 bonus about one year ago. This promotion is offered by TD Ameritrade via Suze Orman’s Save Yourself Promotion. The $100 bonus will be awarded after one year after fulfill the requirements.

Following is how to get the $100 bonus:

Open a new Save Yourself account at TD Ameritrade

Set up monthly automatic electronic deposits of $100 or more for 12 months

$100 bonus will be awarded after account review passed

Suze Orman is an American Financial advisor. She is the host of The Suze Orman Show on CNBC. For more information about Suze Orman, you can visit at http://www.suzeorman.com/.

Posts about Overdraft Fees at MyCardBlog.com are very popular. It is really disappointing that you use the services from banks, put your money there and charged for some trial mistakes. Now, some major banks are considering changing overdraft fees policies. Bank of America and Chase are the first banks to revise overdraft fees policies. Let’s see what will be changed?

Bank of America

Bank of America announced changes to be implemented on October 19, 2009 including not charging overdraft fees (1) when a customer’s account is overdrawn by a total amount less than $10 for one day, (2) not charging overdraft fees on more than four items per day.

In June 2010, Bank of America plans additional changes including providing customers a choice to opt in or out of overdraft capability.

Chase

Chase is also planning changes in the first quarter of 2010 including not charging a fee when the overdraft is less than $5 and not sorting items in descending amounts prior to posting (banks maximize their income using this kind of tricks!). Chase also plans to allow its customers to opt out of overdraft protection.

If you are continued to be charged overdraft fees, you can refer to my posts about how to get back overdraft fees back.