Opening up bank accounts and fulfilling a few requirement is one of the quickest way to earn bonus cash. The cash earned from these bonuses is considered interest and you will receive 1099_INT form to be filled with your taxes. With that said I’ve opened several bank accounts in the past and made some quick bucks. We actually made $1300 on on our our trips last year while vacationing .
Suntrust bank has a new offer to earn $250 and $150 bonus Full details here – LINK.
Offer available only to U.S. Residents with a U.S. address in the following states: Alabama, Arkansas, Georgia, Florida, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, West Virginia, and the District of Columbia. Reward is limited to one per household. Offer ends June 17 2016.
Here is a quick rundown of the $250 offer –
- To Earn $200: Open a new Select Checking account online, deposit at least $100 into the new account within 14 days of opening, and make $2,000 or more in qualifying direct deposits within 60 days of account opening
- earn $50 when you also open a new Select Savings account and deposit at least $5,000 in new balances within 14 days of account opening. You must maintain a balance of $5,000 for 60 days after checking account opening.
- Avoid the $15 Monthly Maintenance Fee with AT LEASTone qualifier below:
- Make $2000 or more in total qualifying monthly Direct Deposits OR
- Maintain a $2000 minimum daily Select Checking balance OR
- Hold $10,000 total combined relationship balances linked across deposits, investments, mortgages, and loans OR
- Linked Small Business Checking account
I think the first option to earn $200.00 should be easy for most folks. There are several options to do direct deposit into a bank account other than your paycheck and Doctor of Credit has a good summary of what counts as direct deposit in his post here : LINK
Here is a quick rundown of the $150 offer –
- To Earn $100: Open a new Essential Checking account online, deposit at least $100 into the new account within 14 days of opening, and make $500 or more in qualifying direct deposits within 60 days of account opening
- Plus, earn $50 when you also open a new Essential Savings account and deposit at least $5,000 in new balances within 14 days of account opening. You must maintain a balance of $5,000 for 60 days after checking account opening.
- Avoid the $7 Monthly Maintenance Fee with AT LEAST one qualifier below:
- Minimum of 10 banking transactions per statement cycle OR
- $500 or more in total qualifying monthly Direct Deposits per statement cycle OR
- $500 minimum daily balance OR
- Open as a student and receive a 5-year Student waiver
Coupon code XF24723243T9D9CC
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