i intend to open a second checking account and hope some knows of banks or a website which might list banks currently offering promotions, specifically money, to people who open a new account. Can anyone help?
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Are there any great new checking account promotions?
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Not sure where you are but in my area LOCAL cu and banks have some very attractive offers.
I opened with a local CU in Aug that paid 4% interest on checking through the end of year.
This was not greatly advertised but came with a bonus of money to new account holder and the member who referred them.
Most money offerings come with a catch like direct deposit/ using your debit card x amount of times a month/ using bill pay etc. Often the money is not there until in my case 90 days had passed.
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DepositAccounts.com
DoctorOfCredit.com (bank accounts tab)
You can also try walking in to a branch if any new ones have opened in your neighborhood to ask if they are running any promotions. I recently got $250 that way.
As Smallsteps says, it's important to pay attention to: requirements to get the bonus, how to avoid paying a monthly fee, when you will receive the bonus, and when you can close the account without incurring an "early closing fee" or losing the bonus.
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Genisys credit Union started a newnew checking account with an attractive rate. 4.06% for the first 7500 in your account (I think only .05 or .5 % after that.)
I think the stipulation is you have to make 10 debit transactions a month. The bonus is you get rewards, although I don't know the reward details v.s. a credit card (must be better for CC I imagine)
i only found this because I happen to be a member. But I plan on switching over tomorrow. I don't see any downside compared to their checking I already use (with zero interest rate). It'll be nice to get the extra $25 ish a month!
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