Bank of America Free Money Promotions For New Accounts

By MoneyBlueBook

Promo Code Links Are Added and Updated Regularly!

Bank of America is the second largest bank in the United States in terms of total account value so needless to say, they must be doing something right. Like other major banks such as Citibank and Wachovia, Bank of America often releases new promotions to attract new deposit customers. The bank is obviously willing to spend money to get their hands on yours, in a good way of course.

As with most bank promotional offers, there are certain basic and fairly benign rules attached. To qualify for most of Bank of America's free money offers for new accounts, you will usually have to open a new checking or savings account with a certain minimum deposit. Afterwards, you are usually required to make a few electronic transactions such as setting up direct deposit or executing a few online bill pays. Obviously, the bank is hoping that by requiring you to make a few transactions that you will grow comfortable with their banking services and ultimately choose to remain on as a long term customer. The promotions are usually limited to only those new to Bank of America - thus, former or current account holders are ineligible to apply or take part. Holders of Bank of America credit cards are okay and are not excluded.

If you one of the select people out there who has never been a Bank of America customer and you are interested in one of the offers listed below, you may want to give them a try.

By MoneyBlueBook

Editors note: These offers are no longer available. Citibank is the biggest banking institution in the United States and has branches and ATM's everywhere. Since they signed a deal with 7-11, their ATM banking reach has soared nationally and worldwide. As one of the most popular banks, Citibank is well known for promoting a variety of free cash and free Citi Thank You reward offers for new deposit account customers. That's actually how I became a Citi banking customer years ago in the first place - by taking advantage of one of their promotional reward offers. The bank promotions are only available to first time Citibank checking and savings account holders. Persons who currently have or at any time have had a deposit account at Citibank are generally not eligible. Owners of Citi credit cards on the other hand are not disqualified.

As with all free promotions, there are several generally applicable rules to follow. Most of the deals are structured and laid out similarly - starting with a minimum funding requirement and followed by several reward tiers dependent on the completion of a certain number of banking transactions. Usually the offers require the new account customer to complete a certain number of direct deposits and online bill pay transactions. Both direct deposit and bill payment are free so customers need not worry about incurring any extra finance or transaction charges. Other than needing to fund the new accounts with a minimum balance and complete a few banking actions, there are no risks to opening a new checking or savings account. Citibank

By MoneyBlueBook

I think most people are aware to a certain degree that it's important to maintain a healthy credit score. To financial institutions, mortgage brokers, landlords, and even employers, it's a quantifiable measure of your reliability when it comes to money. The formulated number represents your credit worthiness and the degree to which you are able to take on debt. Most banks and lenders utilize your credit score to determine how much interest they must charge you to compensate them for the risk of extending you credit. It impacts everything from applying for a home mortgage loan to getting approved for a routinebalance transfer credit card. The lower the score, the higher the risk, and thus the higher the interest rate imposed to compensate for the likelihood of default. Especially during a time that the credit markets are getting battered, it's more important than ever to know your credit situation. It never hurts to keep tabs on your report, and to find ways to improve your credit score, since you never know when you may need to call upon your good credit. Remember, monitoring your own credit report is not considered a hard credit check, so you don't have to worry that it will hurt your credit score.

To combat the rise of identity theft and to give people more control over their credit lives, the Fair Credit Reporting Act offers consumers access to one free copy of their credit report every 12 months from each of the nationwide credit reporting agencies - Equifax,

By Joe Taylor

When credit card issuers faced the 1-2 punch of an economic crisis and new regulations, it seemed like 0% balance transfer offers landed on the endangered species list. Now that banks are flush with cash and ready to lend, it's time to start saving money by paying down debt with no interest.

Why balance transfer offers?

A few years ago, I loved making free money by requesting zero percent introductory APR balance transfer checks from new credit cards, then depositing them into high interest savings accounts until just before the point where I'd have to start paying interest. The banks must have gotten tired of giving me all that free cash, since those kinds of deals have completely disappeared. It's no longer profitable for banks to let consumers surf balances from card to card without a little friction. Therefore, even the best 0% introductory APR balance transfer deals require you to pay up to 5% as a flat fee.

Still, the balance transfer process has become easier than ever for consumers who really do need to save some money on...

By Joe Taylor

Credit cards don't have to force you into debt. In fact, if you use them the right way, credit card rewards can actually earn you money. Over the years, I've tweaked my spending so I use credit cards to pay for everything. That way, I rack up a frequent flyer bonus, a cash back rebate, or special perks with every purchase. I like to review what's in my wallet from time to time, replacing cards I don't use that often with new accounts that offer special signup bonuses.

While I still carry a few wads of emergency cash around, it's easier than ever to run most everyday purchases on rewards credit cards. Check some of these...

By MoneyBlueBook

Updated List Of The Best Supermarket and Grocery Credit Cards To Save Money On Groceries (And Offset Higher Food Prices)

With rising gas energy prices and increased food demand from developing countries comes an unfortunate result - higher food prices. Common grocery staples like milk, eggs, and wheat products have seen a noticeable rise in prices lately. Higher prices at the supermarket is leading to an increase in grocery spending for many. Those with large families and children are finding their food budgets being stretched to the limit. However, there are alternative and supplemental ways to save money on groceries beyond the usual reliance on price comparison shopping and clipping grocery store coupons. There's nothing wrong with relying on coupons and price comparison, however, the regularity of those money saving deals are often unpredictable. They are not dependent on what you or your family need at the time, but rather on the supply and demand assessments of supermarket chains.

Benefits Of Using Grocery Store Credit Card Rewards To Save Money On Supermarket Food Prices

If you are a responsible credit user, have you considered the usage of dedicated grocery credit cards to save money at the supermarket? Most major credit card issuers have tagged grocery stores as a major promotional focus of their credit card reward programs. To encourage consumers to use grocery store credit cards, card issuers are offering a wide array of high cash back rewards and rebates for supermarket related purchases. In fact, along with gas stations and drug stores, grocery stores are often